@brian6022 on EURUSD | PriceONN Community
This week was a mixed bag for me with EURUSD. I was expecting more volatility after the initial breakout attempt failed. Ended up closing most of my positions for small gains just to avoid any weekend gap risk. Still overall profitable, but could have been better. Hoping for a clearer direction next week tbh.
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One more thing to add... I'm also keeping an eye on the economic calendar for next week. Any major news releases from the Eurozone or the US could significantly impact EURUSD. I'm especially interested in any inflation data, as that could influence the ECB's monetary policy. Will adjust my strategy accordingly. Patience is key, I guess.
Update: Thinking about what went wrong this week, I think I was too focused on the daily charts and missed some key signals on the H4. The RSI was showing divergence early in the week, which I completely overlooked. Need to pay closer attention to the lower timeframes next week to catch those early signals. Also, I'm considering adjusting my position sizing to be more aggressive when the indicators align. Maybe a 2% risk instead of 1% when I have strong confluence. Gonna backtest that strategy this weekend.