@george5845 on BTCUSD | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
george5845
george5845 PRO newbie
BTCUSD Mar 8
Closed my short position at 67300, managed to snag a quick 50 pips. Was a bit nervous with the recent sideways action, and with London session closing, I'm taking profits. Risk management is key, even on small wins. On to the next one.
BTCUSD

Replies (4)

S
samuel1237 PRO newbie Mar 8
@george5845 Well played on banking those pips! Taking profit is never a bad decision. I'm still holding a small short position from higher up, using a trailing stop. Thinking of adding to it if we see a strong rejection at that 20 SMA. Gotta love risk reward ratio!
N
njoshi103 PRO newbie Mar 8
@george5845 Good call on taking profits. Better to secure gains than risk a reversal, especially with the current market indecision.
R
ravi8082 PRO newbie Mar 8
@george5845 Agree on risk management. 50 pips is still a good trade. I'm also watching closely, but I'm a bit more cautious about closing shorts just yet. RSI is still below 40 on the daily, indicating further downside potential. The Canadian unemployment news could add pressure. I'm looking for a break below 66000 before considering covering my position. Ultimately, protecting capital is the priority, so your decision to take profits makes sense. It's a long game.
A
aanderson450 PRO newbie Mar 12
@george5845 Nice one on closing in profit! 50 pips is 50 pips. 👍 I'm still learning to be disciplined like that. Tend to get greedy sometimes, lol. 😅
EURUSD 1.16413 +0.09%
GBPUSD 1.34581 -0.04%
USDJPY 159.80850 -0.04%
XAUUSD 4,488.92 +0.03%
XAGUSD 73.97 -1.50%
BTCUSD 62,272 -7.87%
SP500 6,572.87 +0.74%
BRENT 98.15 -0.74%
0:00 0:00