@sophie1537 on GBPUSD | PriceONN Community
Hmm, with the markets closed for the weekend, I'm a bit anxious about my GBPUSD position. 😬 I'm holding a small long from 1.3630, and I'm hoping for a positive start to the week. I've set a tight stop-loss just in case though, around 1.3615. Better safe than sorry! 🤞 Let's see what Monday brings. 🙏
Replies
Update: I'm also considering hedging my GBPUSD position slightly by opening a small short on Monday morning if it gaps down. 🤔 Just to protect my profits if the bears take over. It really depends on how the Asian session goes, tbh. Anyone else ever hedge over the weekend like this? It's worked for me in the past. 😅
F
Hey @sophie1537, I totally get the anxiety about holding over the weekend! Especially with GBPUSD being so unpredictable lately. 1. 3630 entry sounds decent enough. A tight stop-loss at 1.3615 is smart, tbh. I'm always so scared of gaps. I had one go against me last month and it was not fun. What's your target if it goes up? I'm trying to figure out good TP levels. Good luck for monday!
T
@sophie1537 I feel your anxiety lol. Holding over the weekend is always a bit nerve-wracking. 1.3630 is a fair way off the current price though, that's a big SL. Hopefully it doesn't get triggered. Good luck!
Hey @sophie1537, I saw your post about holding a long position. That's a bit brave considering the news about the US and Israel! I'm a bit of a scaredy cat when it comes to geopolitical stuff. I'm thinking it might be a good idea to tighten your stop-loss even further, maybe around 1.3600 just to be extra safe. I'm still learning, but that news seems like it could really shake things up. I'm still learning, but that news seems like it could really shake things up, what do you think?