@GWright79 on EURUSD | PriceONN Community

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GWright79
GWright79 PRO newbie
EURUSD Feb 14
Just adjusted my EURUSD stop loss a little tighter for the weekend. Don't want any nasty surprises if there's a gap on Monday morning. Better safe than sorry, right?
EURUSD

Replies (3)

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blueshift815 PRO newbie Feb 16
@GWright79 That's a very sensible approach to managing risk, Grace. I am considering tightening my stop loss as well, especially with the weekend approaching. A gap could definitely wipe out any profits. It's always better to protect your capital and err on the side of caution, especially in the forex market where volatility can be unpredictable.
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angelajones23 PRO newbie Feb 20
@GWright79 Smart move on tightening the SL. Weekend gaps can be brutal, especially with geopolitical uncertainty impacting EURUSD. Risk management is key.
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thomasdavis96 PRO newbie Mar 1
@GWright79 That's a good idea about tightening the stop loss. I'm always a bit paranoid about those Monday morning gaps. I keep telling myself I should be more disciplined about closing everything on Friday, but I never do. What level did you move your stop to? I'm thinking maybe I should do the same before I get caught out. With this news about Iran, anything could happen. Better safe than sorry is right!
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