@ghall194 on BTCUSD | PriceONN Community
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I'm just trying to be super careful with my entries now. After getting burned yesterday, I'm not going to jump in unless I see a clear trend or a solid FVG that's been respected. My usual position size feels way too big right now with this volatility, so I'm cutting it in half. Better to make less profit than to blow up the account chasing a bad trade.
Replies
Hey @ghall194, I totally get your caution after yesterday. This volatility is no joke, and reducing position size is a smart move when the trend isn't clear. I've been watching that FVG area around 68000-68300, and it seems to be acting as a decent magnet. If we can get a strong break and hold above the 200 SMA around 68166, I might consider adding a small long. The ADP numbers this morning were pretty good, which usually translates to a bit more risk appetite, but crypto often has its own narrative. For now, I'm just observing the price action around the R1 pivot at 68556.