@mia4502 on GBPUSD | PriceONN Community

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M
Well, my little scalp on GBPUSD this morning went south faster than I could blink. Thought I saw a sweet entry around 1.3415, but it dropped like a stone right after. ReKT! Lesson learned, patience is a virtue I clearly haven't mastered yet. Anyone else get caught out?
GBPUSD

Replies (2)

noahmorgan68
noahmorgan68 PRO newbie Mar 25
Hey @mia4502, I totally feel your pain. GBPUSD has been a nightmare today. I was watching it myself and saw that drop around 1.3415 too. It looked so promising for a second! It's like the market just waits for you to enter and then slams the door shut. I've been looking at the 200 SMA around 1.3350 as a potential support level, but honestly, with how volatile it's been, I wouldn't be surprised if it just slices through it. Did you manage to salvage anything or just take the hit?
F
finleybaker17 PRO newbie Mar 26
haha yeah i totally get you @mia4502. I think I entered short way too early this morning on GBPUSD. Thought I was a genius, ended up just losing cash 🤦‍♂️. Need to stop chasing trades like that.
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