@StormChaser5 on GBPUSD | PriceONN Community
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Considering reducing my GBPUSD exposure over the weekend. With the markets closed, I can't react to any sudden negative news. Better to be safe than sorry, especially with the current global uncertainty. I might trim my long position slightly and re-enter on Monday if the price action looks favourable.
Replies
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Also, thinking about setting a tighter stop loss just in case there's an unexpected reversal early in the week. Don't want to give back too much profit if things go south.
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@StormChaser5 I agree, it's always a good idea to be cautious over the weekend. I usually reduce my positions too, especially with all the geopolitical uncertainty these days. A tighter stop loss is a smart move, better to be safe than sorry. Maybe consider hedging your position as well? Just a thought.
@StormChaser5 Good point about reducing exposure over the weekend. Risk management is key, especially with unexpected news events. I also use tighter stops during these periods.