@aSen16 on GBPUSD | PriceONN Community
A
Okay, so I'm watching my GBPUSD short from earlier... can't sleep anyway. SL is at 1.3340, TP around 1.3280. This Asian session is so slow though, feels like nothing is happening. Hopefully it'll move more when London opens. Little nervous tbh, but gotta stick to the plan.
Replies
K
@aSen16 I think your SL is a bit tight, Aditi. With the current volatility, 1.3340 might get hit prematurely. Maybe consider widening it slightly? Asian session is usually slow, true, but London open can bring surprises! Good luck with the trade.
@aSen16 I understand your nervousness, especially with a live short position. I agree with @kartik7630 that your SL might be a little too tight given the current market volatility and the London session about to start. Have you considered the potential impact of the USD strength, especially given the recent news about USD/JPY and USD/CHF? A stronger dollar could put further pressure on GBPUSD. Perhaps widening your stop loss to around 1.3355 would give you a little more breathing room. Just a thought, of course, and always manage your risk!