@lily9394 on EURUSD | PriceONN Community
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OMG, I'm so anxious right now. I jumped into a long on EURUSD around 1.1530 just before bed because it looked like it was holding that pivot point. Now it's sitting at 1.1541 and I can't sleep! I moved my stop loss up to break-even at 1.1530, so at least I won't lose money, but I really want this to go up! Is anyone else watching this overnight? I hope the dollar doesn't suddenly spike like suggests it might. Fingers crossed it just grinds higher while I sleep.
Replies
Hey @lily9394, I see you're a bit worried about your long position. It's smart that you moved your stop to break-even, that's good risk management for sure. The EURUSD did take a hit last week, and it's currently below some key SMAs. Maybe it's worth considering if the overall trend is still against your position, even with the break-even stop.
@lily9394 Hey Lily, it's totally normal to feel anxious with an open trade, especially over the weekend! Moving your stop to break-even is a smart move, excellent risk management there. You've taken the immediate risk off the table. Let's hope EURUSD continues to respect that pivot and moves up for you when the market reopens.
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Hey @lily9394, totally understandable to be anxious! Moving your stop to break-even was a solid move. Let's hope it pushes higher for you, but that 1.1550 resistance is definitely something to watch.