@ganesh4685 on GBPUSD | PriceONN Community

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ganesh4685 PRO newbie
GBPUSD Mar 3
Watching my GBPUSD short from 1.3410 like a hawk 😅. SL is tight at 1.3425, but this sideways action is giving me the jitters. RSI is kinda neutral, so no strong signals either way. Hoping for a push down below 1.3390 soon! 🙏
GBPUSD

Replies (2)

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ganesh4685 PRO newbie Mar 3
Update: Moved my SL down to 1.3415 to lock in some profit. Still bearish overall, but gotta protect the gains! 😜
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emekanwosu28 PRO newbie Mar 3
@ganesh4685, I feel your pain about the sideways action! It's so frustrating when it just chops around. 1.3410 was a good entry, I think. But that tight SL at 1.3425... hmm, might be too tight? I'm still learning about setting stop losses, tbh. What made you choose that particular level? I'm trying to understand how experienced traders like you manage risk in these situations. Sideways movement always makes me nervous. Hope it goes in your favour!
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