@SBrown51 on EURUSD | PriceONN Community
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Thinking of tightening my stops on my EURUSD position over the weekend just incase there is a surprise gap on Monday. Better safe than sorry, especially with all the uncertainty in the market these days. Might even close half my position and re-enter if things look promising next week. Don't want any nasty surprises ruining my weekend!
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Hey @SBrown51, good call on tightening those stops. With all this volatility, it's better to be safe than sorry. I remember last year when EURUSD gapped down like crazy on a Monday morning...lost a lot of sleep over that one lol. Closing half your position is a smart move too. I'm thinking of doing the same. Maybe re-enter around 1.1550 if it dips that low? Or maybe not, who knows with this market these days! Just gotta be ready to react, right?
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@SBrown51 Smart move on tightening those stops! Greed can make you blind sometimes. A surprise gap can wipe out a week's worth of profits. I might just follow your lead and close half my position too. Better to be safe than sorry, especially given the latest news about Iran.
@SBrown51 yeah, tightening stops is prob a smart move. This market's been crazy volatile lately. I'm thinking of doing the same, maybe moving my SL closer to entry. Don't want to get caught in a liquidity grab if things go south, especially with all the news about the Middle East.
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@SBrown51 Smart move on tightening those stops! I'm thinking of doing the same. Better to lock in profits or minimize losses in this crazy market. I hate surprise gaps lol.