@noahwalker on GBPUSD | PriceONN Community
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Everyone's talking about the oil prices and the Fed, but what about the gap risk on Monday? Seriously, if things heat up over the weekend with that Middle East situation, we could see GBPUSD gap down hard. I'm already mentally preparing for it, probably going to have to adjust my stop losses if I'm even brave enough to trade it early. Always a gamble, this game.
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Hey @noahwalker, I totally get what you mean about the gap risk. This whole Iran situation is making me nervous too. My money is in GBPUSD and I'm already seeing it dip a bit, and it's not even Monday yet! I don't really get all the technical stuff like FVG you guys talk about, but I do know that if things really blow up over there, my trade could be toast. I'm thinking about just closing my position now to lock in what little profit I have left, or maybe just cutting my losses. It's just so hard to tell if this is a temporary panic or the start of a big drop. Wish I understood this stuff better.