@EScott54 on EURUSD | PriceONN Community
I must admit, I find this sideways movement in EURUSD rather irritating. We have the price oscillating around 1.16, failing to commit to either a sustained bullish or bearish trend. It makes establishing a clear position quite difficult. I prefer markets that exhibit a more decisive direction.
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Update: The lack of clear direction is making me consider a different strategy altogether. Perhaps focusing on shorter-term trades within the established range, rather than attempting to predict a breakout. It's not my preferred style, as I typically hold positions for longer periods, but adaptability is key in these markets. I may explore some scalping opportunities around the pivot points, targeting small profits with tight stop losses. I am also considering reducing my overall exposure to EURUSD until the situation clarifies. Better to preserve capital than to risk losses in a choppy market.