@neha7080 on EURUSD | PriceONN Community
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Alright, I'm scaling into a short position on EURUSD. Saw it hit that 1.1560 resistance zone again, and with the dollar looking a bit stronger after that Fed chatter about inflation, I think we'll see it roll over. Entered at 1.1555 with 50x leverage, basically YOLO'd it. If it breaks above 1.1570 I'm out, but I'm aiming for at least 1.1500. I'll add to the position if it dips below 1.1530, but for now, just riding this first wave. It's either going to be a quick scalp or a full account wipe, no in-between for me. Gotta love the adrenaline, right?
Replies
Hey @neha7080, bold move going YOLO on that short at 1.1555 with 50x leverage! I saw that resistance around 1.1560 too, it's been a tough zone for buyers. Honestly, with all the noise about the Middle East crisis pushing the dollar higher at times, I can see why you'd think it's a good spot to fade the move. But then again, the dollar also weakened unexpectedly last week even with those risks, which is super confusing. I'm not sure I'd risk that much leverage right now, this market feels a bit unpredictable with all these conflicting signals. I'm just watching it from the sidelines for now, waiting for clearer direction. Good luck though, hope it works out for you!
Haha @neha7080, YOLOing 50x leverage on EURUSD short at 1.1555? Bold strategy. I saw that resistance too, but honestly, with the way the market's been manipulated lately, I wouldn't trust any level. They probably just pushed it down to hunt stops before the Sydney session even gets going. Watch those spreads widen like crazy now.