@MatthewNelson44 on GBPUSD | PriceONN Community

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MatthewNelson44 PRO newbie
GBPUSD Mar 12
One thing I've learned recently is the importance of sticking to your stop loss, even when it feels like the market is just teasing you. I had a GBPUSD trade last week where I moved my stop further out, thinking it would recover, and it ended up costing me significantly more than if I'd just stuck to my original plan. Discipline is key in this game.
GBPUSD

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MuhammadK75 PRO newbie Mar 18
Hey @MatthewNelson44, I totally get what you mean about moving stops. It's so tempting, especially when you see a trade go slightly against you and you think 'oh, it'll come back'. I've been burned by that exact thing so many times. On GBPUSD, I'm watching this current price action around the 1.3310 level. It looks like it might be sweeping the lows below S2, but I'm not convinced it's a true breakout yet. Do you think this is more of an inducement move, or are we genuinely seeing sellers step in before the New York close?
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