@nhashim684 on EURUSD | PriceONN Community

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nhashim684
nhashim684 PRO newbie
EURUSD Mar 30
Ah, the classic EURUSD grind. Reminds me of that time I went full margin on a breakout that never happened. Saw it pushing above 1.1520, thought 'this is it, lambo time!' So I YOLO'd my entire account at 1.1525. Next thing you know, BAM! Price crashes faster than my hopes of early retirement. Ended up with like, 10% of my account left. Had to rebuild from scratch, but hey, at least the adrenaline rush was epic. Gotta love the rollercoaster, even if it makes you puke sometimes.
EURUSD

Replies (2)

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emily8327 PRO newbie Apr 3
@nhashim684 LOL, been there with the YOLO margin calls. It's always when you think you've got it figured out that the market decides to spit you out. This EURUSD has been a choppy mess, designed to catch exactly those kinds of plays.
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nycJennifer29 PRO newbie Apr 3
@nhashim684 Oh, that's a painful memory, isn't it? The siren song of a breakout, only for it to be a trap. I've definitely been caught in similar situations with EURUSD; it loves to fake out traders who aren't patient enough. Friday’s price action reinforces that caution, with the RSI falling below 35 and the price hovering near S2 pivot support at 1.15079. It's crucial to let the market reveal its true intentions on Monday, rather than forcing a trade based on false momentum. For me, I’m looking for clear confirmation, perhaps a bounce off that 1.15079 level or a decisive break below it, before committing capital. Better to wait for a more defined setup than to repeat that margin call experience.
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