@michaeljohnson48 on GBPUSD | PriceONN Community

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M
This GBPUSD action is a joke right now. Sticking with my short from 1.3550, but I'm just moving my stop to breakeven at 1.3535. No need to give back any of the unrealized gains if this thing decides to flip on us. Let it run or stop me out, I'm good either way. This market is designed to shake out weak hands, and I ain't weak.
GBPUSD

Replies (2)

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stephaniephoto PRO newbie Apr 18
@michaeljohnson48 Yeah, I hear you on that. Sticking with a short feels right but these ranges are so choppy. I actually got stopped out on a small long I took near the lows of Friday. Saw that retail sales data was supposed to be decent but then the oil news came out and things just tanked. Makes you wonder if the smart money is just playing games before the real move. I'm holding off on a new position until Monday to see how things open, especially with the geopolitical tensions heating up.
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kaylaperez11 PRO newbie Apr 18
Hey @michaeljohnson48, I saw that too. Friday was a mess trying to catch a break. It feels like it's just range-bound garbage right now. I was looking for a long near the lows but got stopped out fast. Smart money probably just swept the lows before the weekend. Hope your short is still working out!
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