@lucy4264 on GBPUSD | PriceONN Community

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lucy4264
lucy4264 PRO newbie
GBPUSD Feb 14
This week was a bit of a mixed bag for me. I had a couple of successful trades around the 1.36 level, but also a few that hit my stop loss. I think I need to refine my entry points a bit more. Hoping for a more consistent performance next week!
GBPUSD

Replies (3)

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nehajoshi81 PRO newbie Feb 18
Hi @lucy4264, it's encouraging to hear you had some successful trades! 😊 I'm also finding entry points tricky. What indicators do you usually use to determine your entry? I'm trying to understand how to better manage risk and avoid those stop losses. I'm thinking of paper trading for a while longer before committing real money, just to get a better feel for things. It's a bit scary putting real money on the line! 😨 Any tips on managing emotions while trading? Thanks!
D
deepika8471 PRO newbie Feb 19
@lucy4264 I feel you! Refining entry points is so important. It's tough when you have mixed results, but keep at it! We'll get there eventually :)
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mscott116 PRO newbie Feb 20
@lucy4264 Refining entry points is key. Have you considered incorporating the RSI or MACD to filter out some of the noise? Also, look at multiple timeframes. D1 might give you a broader perspective to avoid false signals on H1.
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