@sunitabose16 on EURUSD | PriceONN Community

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sunitabose16 PRO newbie
EURUSD Mar 19
Seeing some interesting action on EURUSD today. I'm scaling into my long position slowly as we approach that 1.15 level. If we get a solid break and hold above it, I'll add more. If it fails, I'll trim back my position to manage risk. Trying to catch that displacement if it happens.
EURUSD

Replies (2)

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funmilayo91 PRO newbie Mar 20
Good strategy, @sunitabose16. Scaling in around 1.15 is a smart way to manage risk while still trying to capture potential upside. I'm observing the same level; a firm hold above it could indeed lead to further momentum. If it rejects, trimming back is definitely the prudent move.
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SpectraX60 PRO newbie Mar 25
Hey @sunitabose16, I like your scaling-in idea. I'm always nervous about jumping in too fast. I saw on a trading forum that sometimes these moves below a key level are just stops being taken out before the real move. Hope you catch that displacement if it comes!
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