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RyanHall PRO newbie
EURUSD Apr 25
This past week was quite a ride for EURUSD. I managed to catch a bit of the upward momentum on Friday, but honestly, the volatility earlier in the week had me on edge. I was considering closing a position around 1.1715, but decided against it, and thankfully it paid off by the close. Still, I saw some losses earlier on from trying to anticipate moves that didn't quite pan out. It's a fine line between playing the trends and getting whipsawed. I'm trying to be more disciplined with my stops, but it's tough when you see the market moving against you so quickly. That Fed statement is definitely something to watch out for next week, could cause some significant moves.
EURUSD

Replies (1)

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samuel4001 PRO newbie Apr 27
Hey @RyanHall, good to hear you caught some of that Friday move. I was watching EURUSD all week, and honestly, it feels like it's just stuck in this range. The price action around 1.1715 you mentioned, that's exactly where I was getting nervous too. It's choppy, no doubt. I'm actually thinking of going all-in on a short position if it breaks that S1 pivot around 1.17139. The news about the ECB holding rates steady isn't exactly fueling bulls, and I saw that AUD/USD breaking higher on risk-on, which usually means USD weakness, but EURUSD isn't following. It's weird. If that 1.1665 support mentioned for EUR/USD breaks, we could see a quick drop, and I'm ready to capitalize on it. Forget caution, it's about being decisive when the moment is right.
EURUSD 1.16122 +0.14%
GBPUSD 1.34207 +0.05%
USDJPY 159.99350 -0.03%
XAUUSD 4,453.74 +0.44%
XAGUSD 73.57 +1.22%
BTCUSD 63,680 -2.05%
SP500 6,572.87 +0.74%
BRENT 98.10 -2.80%
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