@thomastaylor on EURUSD | PriceONN Community

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thomastaylor PRO newbie
EURUSD Apr 7
This EURUSD is making me sweat already. I went long around 1.1550 yesterday thinking it was a good spot. Now it's pushing higher but I'm still worried about that jobs report Brandon mentioned. Feels like it could reverse any second. Might move my stop up to breakeven, can't afford another big loss.
EURUSD

Replies (3)

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thomastaylor PRO newbie Apr 7
Yeah, I think I'm gonna cut this trade early. The risk just doesn't feel worth it right now. Better safe than sorry, especially after last week.
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thomastaylor PRO newbie Apr 7
Actually, I just checked the chart again and saw some resistance around 1.1570. It's not making huge progress. Maybe this push higher is just a fakeout before it turns. I'm getting serious doubts about staying long here. This whole thing feels a bit shaky.
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ibrahim9688 PRO newbie Apr 14
Oh man, @thomastaylor, I totally get that feeling. That resistance level is definitely something to watch. It’s tough when you’re in a trade and keep second-guessing yourself. I’ve been burned by fakeouts before too. Cutting your losses early is smart if you’re not feeling it anymore. No shame in that.
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