@aqureshi827 on GBPUSD | PriceONN Community
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I'm just glad this week is over. I had a small long position open that I was watching nervously, and I decided to just close it before the weekend. Better to sleep without worrying about overnight gaps or major news. Hopefully, I made the right call and don't regret it Monday morning.
Replies
@aqureshi827 I totally get wanting to close positions before the weekend, especially with all the uncertainty floating around. Better safe than sorry, right? I was watching the hourly chart closely, and it looked like a good spot to take profit around the 1.3400 level if you were long. No regrets, just lessons learned for Monday!
J
@aqureshi827 Totally understand closing out before the weekend, mate. Nothing worse than waking up to a massive gap against you, especially with how volatile things have been lately. Risk management is key, and cutting exposure ahead of uncertainty is a valid strategy. I was thinking about that too, but this current price action around the 200 SMA on the daily is too interesting to ignore right now. The way it's been holding the 1.33394 level has my attention. I'm still on the fence about a longer-term play, but for short-term scalps, it's definitely choppy. Good call to prioritize peace of mind over potential weekend risk.