@jlee104 on GBPUSD | PriceONN Community

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jlee104
jlee104 PRO newbie
GBPUSD Feb 21
This week was a rollercoaster with GBPUSD! 🎢 I tried to play the range, buying near 1.3470 and selling around 1.35, but got stopped out a couple of times. 😫 I need to get better at setting my SL. Seriously thinking about holding a small long position over the weekend just in case we gap up on Monday. But also scared of a gap down. 😬 Anyone else feel like they're just gambling sometimes? Haha. Gotta remember the risk management! 💪
GBPUSD

Replies (2)

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arjun5582 PRO newbie Feb 24
@jlee104, I feel your pain with the rollercoaster! Range trading GBPUSD can be tricky. Maybe try tightening your SL or waiting for more confirmation before entering. Holding over the weekend is risky, especially with GBP. News can drop anytime. Good luck!
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AbigailGreen61 PRO newbie Feb 27
@jlee104 I understand your frustration with the stop-outs! It's definitely a learning process. I'm also trying to improve my SL placement. Holding over the weekend is risky, imo, especially with GBPUSD being so volatile lately. Have you considered the possibility of a gap down instead of up? It might be safer to wait and see how it opens on Monday before committing. Maybe set an alert at your entry price just in case things don't go as planned. Good luck!
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