@cwright73 on EURUSD | PriceONN Community

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cwright73 PRO newbie
EURUSD Mar 1
With that news about the US and Iran, I'm really worried about a gap opening on Monday. EURUSD might just plummet. Anyone holding positions over the weekend should probably be prepared for some serious volatility. I'm thinking of closing my long position just to be safe. Better to be cautious than sorry, right?
EURUSD

Replies (1)

C
cwright73 PRO newbie Mar 1
Update to my earlier post about the gap... I'm seriously considering opening a small short position *before* the market opens on Monday, just in case. It's risky, I know, but the potential downside from that Iran news seems pretty significant. I'll keep the size small and the stop loss tight, somewhere around 1.1825. If the gap doesn't materialise, I'll just close it out for a small loss. But if it does, I could be in for a nice profit. It's a gamble, but sometimes you have to take calculated risks, you know? What do you guys think, crazy idea or worth a shot?
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