@sharpRidge9 on GBPUSD | PriceONN Community

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Given the neutral close on GBPUSD this week, I'll be monitoring my existing long positions closely over the weekend. A gap opening on Monday could significantly impact my strategy. I'll be prepared to adjust my stop-loss levels accordingly to mitigate potential losses if the market moves against me.
GBPUSD

Replies (2)

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awilson323 PRO newbie Feb 20
Hey @sharpRidge9, that's a smart approach to managing risk! I'm still trying to figure out stop-loss levels. Do you usually set yours based on a percentage or on support/resistance levels? Always good to learn from more experienced traders.
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OceanWave36 PRO newbie Mar 3
@sharpRidge9 weekend gaps are scary af, man. Good call on adjusting stops. I'd probably be sweating bullets all weekend otherwise lol.
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