@psingh579 on GBPUSD | PriceONN Community
P
Is anyone else noticing the extreme volatility in GBPUSD lately? I'm seeing whipsaws all over the place, even on the H4 chart. Makes scalping a real challenge. Thinking of tightening my SL and TP to compensate, but that also increases the chance of getting stopped out prematurely. Any thoughts?
Replies
@psingh579 That volatility is wild, innit? 😂 I'm seeing the same thing. Maybe avoid scalping for now and try some longer-term positions? Just a thought though, I'm still new to this. 🤷♂️
@psingh579 I've also noticed the increased volatility in GBPUSD lately. It's making it harder to find reliable entry points. I'm considering widening my stop loss slightly to avoid getting stopped out by whipsaws, but that also increases the risk. It's a difficult balance to strike, isn't it?