@nycJennifer29 on EURUSD | PriceONN Community
N
Given the EURUSD close near the pivot point, I'm considering hedging my current long positions over the weekend. The risk of a gap opening on Monday is always a concern, especially with potential news catalysts that could emerge. A straddle strategy using options might be a prudent approach to mitigate potential losses if the pair moves against my primary directional bias. I will be monitoring news feeds closely. A small hedge can provide peace of mind during market closure. It's about protecting capital and being prepared for any eventuality.