@michael6454 on EURUSD | PriceONN Community
M
Okay, so I decided to go long on EURUSD earlier around 1.1590 because I thought the overnight news about the dollar strengthening due to those Middle East tensions was overblown and the pair would reverse. My TP was set at 1.1650. Well, that didn't go as planned. It's been hovering around 1.1600 and now with this new headline about the USD gaining more traction because of geopolitical fears, I'm getting nervous.
Honestly, I'm just gonna move my stop loss to breakeven, like 1.1590. Better to lock in zero loss than risk giving back gains if it turns south quickly. This geopolitical stuff is really making things unpredictable, and I don't want to be caught holding a losing trade if the dollar really starts to surge. Gotta protect the capital, you know?
Honestly, I'm just gonna move my stop loss to breakeven, like 1.1590. Better to lock in zero loss than risk giving back gains if it turns south quickly. This geopolitical stuff is really making things unpredictable, and I don't want to be caught holding a losing trade if the dollar really starts to surge. Gotta protect the capital, you know?