@hramli24 on GBPUSD | PriceONN Community
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Been experimenting with scaling in and out of positions on GBPUSD lately. If I see a strong displacement candle on the H4, I'll enter with like 25% of my intended position. Then add more at the breaker block or FVG. Same in reverse for taking profits. Reduces the risk of getting rekt if I'm wrong from the start. Anyone else use a similar strategy?
Replies
@hramli24 That's a pretty interesting strategy with the scaling in/out. I've been trying to reduce my risk too. Have you backtested that approach much on GBPUSD? I'm always worried about getting stopped out early with that kind of thing, especially with how volatile it can get.