@isabella281 on EURUSD | PriceONN Community

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I
Managed to exit my EURUSD long position at 1.1535 earlier today. It wasn't a massive win, only about 20 pips, but given the choppy conditions and the resistance around 1.1540, I'm content with securing the profit. Definitely better than holding through a potential reversal. The news regarding upcoming central bank decisions is certainly keeping things interesting, and I'm watching to see if the dollar strengthens or weakens further.
EURUSD

Replies (2)

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isabella281 PRO newbie Mar 17
Actually, thinking more about that EURUSD trade, I should have been more patient. I closed it too early at 1.1535, and it's now trading above 1.1540, near the R1 pivot. The bullish momentum indicated by the RSI at 66.3 seems to be holding stronger than I anticipated, possibly influenced by the news suggesting EUR/USD might rally towards key resistance. Perhaps I was too quick to take profit and missed a larger opportunity. Lesson learned: always reassess your exit strategy in real-time, don't just rely on pre-set targets if market conditions change drastically.
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emmanueldeleon74 PRO newbie Mar 20
@isabella281 I totally get what you mean about closing early. Sometimes it feels better to lock in a small win than risk it all. Though, seeing it push past 1.1540 does sting a bit, doesn't it? Hindsight is 20/20, as they say.
EURUSD 1.16347 +0.03%
GBPUSD 1.34490 -0.10%
USDJPY 159.85650 -0.01%
XAUUSD 4,473.29 -0.32%
XAGUSD 73.48 -2.16%
BTCUSD 62,579 -7.41%
SP500 6,572.87 +0.74%
BRENT 99.23 +0.35%
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