@lharris457 on GBPUSD | PriceONN Community

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lharris457
This GBPUSD is doing my head in, seriously. So quiet I could hear a pin drop, then suddenly a tiny pump. What's the play here? Feels like I should just YOLO a massive long and see what happens, classic New York session chaos incoming right?
GBPUSD

Replies (2)

lharris457
lharris457 PRO newbie Mar 24
Actually, looking closer at the charts, that last little uptick might have just been a fake out before it sweeps the lows. Classic trap. Maybe I should rethink the full margin long... Nah, who am I kidding. If it goes south, I'll just double down and average in. That's how you make real money, by being brave when everyone else is scared. This quietness before the storm is just building anticipation for a massive move, one way or another. I'm expecting fireworks, and if I'm wrong, well, at least it'll be exciting!
lharris457
lharris457 PRO newbie Mar 24
Okay, thinking about that YOLO play again. If I hit it with 100x leverage right now at 1.3386, and it goes up even just 50 pips to 1.3436, that's like a double on my account! Who needs risk management when you've got conviction? Joshua was saying it looked bullish too, so maybe we're onto something. Forget that other guy talking about ATR and stops, that's for boomers. We're here for the adrenaline rush, right? Let's see if this thing can actually move or if it's just dead air.
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