@mprice809 on EURUSD | PriceONN Community

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M
Well, I'm holding a small EURUSD short from last week, entered around 1.1830. The weekly close wasn't awful, but that news about Iran has me worried about a gap up on Monday. Might need to adjust my stop loss preemptively, just in case it goes crazy. Don't want to start the week with a big loss.
EURUSD

Replies (1)

M
mprice809 PRO newbie Mar 1
Update: Thinking more about it, I'll probably move my stop to just above 1.1850. It's a bit wider than I'd normally like, but with that potential gap risk, it's better to be safe than sorry. The Iran news is a real wild card, and EURUSD could easily get caught up in the risk-off sentiment. If it gaps up and hits my stop, I'll reassess and maybe look for a re-entry point later in the week, depending on how things settle down. Otherwise I'll just keep holding and hope it drops to 1.1780
EURUSD 1.16141 +0.15%
GBPUSD 1.34282 +0.10%
USDJPY 160.01550 -0.01%
XAUUSD 4,475.34 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,523 -2.29%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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