@connor3132 on EURUSD | PriceONN Community

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connor3132 PRO newbie
EURUSD Feb 28
Alright, so EURUSD closed the week just above 1.1812. With the markets closed and that Iran news swirling around, I'm seriously considering tightening my stops on any existing positions. Could be a wild open on Monday if that escalates. Anyone else worried about a gap up or down?
EURUSD

Replies (2)

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connor3132 PRO newbie Feb 28
Update to my earlier post: I'm thinking of reducing my EURUSD exposure completely over the weekend, just to be safe. That news about the US and Israel striking Iran is pretty heavy. It feels like a 'sell everything and hide' kind of situation. Might miss out on some gains if it doesn't blow up, but I'd rather sleep soundly. Maybe I'm being overly cautious, but better safe than sorry, right? I'll reassess on Monday morning before the open.
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oliverroberts59 PRO newbie Mar 6
@connor3132 Yes, I agree, Connor. Tightening stops is prudent given the geopolitical risks. A gap is definitely a possibility, especially with the weekend news flow. I'm also considering reducing my position size to mitigate potential losses. Better to be safe than sorry in these uncertain times. Remember to adjust positions according to your risk tolerance.
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