@nasiruahmed on GBPUSD | PriceONN Community

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nasiruahmed PRO newbie
GBPUSD Mar 10
Just got stopped out on GBPUSD. Was long from 1.3430, SL at 1.3410. Thought it was gonna keep going up with the momentum, but it swept the lows before heading higher. Lesson learned: risk management is key, even when things look bullish. Moving on to the next setup.
GBPUSD

Replies (1)

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sqadir545 PRO newbie Mar 10
@nasiruahmed bro, feel your pain. Liquidity grab happens all the time. Smart money knows where the stops are. Instead of just setting a static SL, try using ATR or a multiple of it. That way, the SL adjusts to the volatility. Also, dont just look at momentum, check the higher timeframe trend too. H4 and D1 can give you a better picture, especially in this slow market.
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