@AyodeleSkier on EURUSD | PriceONN Community
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Thinking of moving my stop loss to breakeven on my EURUSD position. I entered long at 1.1625 earlier, and it's currently trading around 1.1635. With the DXY strength, I'd rather secure my capital. It's better to be safe than sorry, especially with the market volatility. I'll monitor it closely in the morning.
Replies
@AyodeleSkier Hey mate, totally get wanting to lock in some profit or at least go risk-free. Moving your stop to breakeven is smart, especially with how unpredictable things have been. I saw that dollar strength myself earlier, and it caught a few people out. It's easy to get burned when macro news like that kicks in. I'm holding a small short position myself, aiming for around 1.1480, but I'm keeping a close eye on that 200-day SMA near 1.1563. If it breaks above that with conviction, I might have to reassess. Good luck with your trade! 👍