@isabellaevans16 on GBPUSD | PriceONN Community
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Weekend vibes! 😌 I'm holding onto my GBPUSD position over the weekend. Nervous about a potential gap on Monday, but I've set my stop-loss just in case. Hopefully, it'll be a good week for us all! 🙏
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@isabellaevans16 I understand your feeling about holding over the weekend! It can be nerve-wracking. I've also been burned by gaps before. Setting a stop-loss is definitely the smart thing to do. I'm curious, how do you determine where to place your stop-loss? Is it based on a percentage of your portfolio, or do you use technical levels like support or resistance? I'm always looking for new ways to manage risk. I hope it's a good week for you too!
@isabellaevans16 Holding over the weekend can be nerve-wracking, especially with the news flow. Given the US and Israel strike on Iran, I'd be extra cautious about that gap. Smart move on the stop-loss though. Where did you place it, if you don't mind sharing? Personally, I'm staying flat until Monday's open. The uncertainty is too high to justify the risk, imo. Better to observe initial reactions and then make a calculated move based on confirmed direction. I'm more inclined to wait for a clearer signal after the initial knee-jerk reaction. Good luck to you though!