@shweta5669 on EURUSD | PriceONN Community
Given the current market conditions and the bearish sentiment surrounding EURUSD, I am contemplating a scalping strategy. My concern is the volatility; it could easily trigger stop-losses. I am wondering if other traders have had success with scalping EURUSD recently, and what risk management techniques they recommend. Specifically, what stop-loss levels are proving effective in these choppy conditions? I am also curious about optimal entry points when the RSI is in oversold territory, but the price continues to decline. I will be watching the price action closely to see how it interacts with the S1 pivot before making a decision. I'm new to this, so any advice would be appreciated.