@jlee104 on GBPUSD | PriceONN Community
This week was a mixed bag for me with GBPUSD. Started off strong with a quick profit on a small bounce, but then gave it all back on a stupid FOMO trade. 🤦♂️ Lesson learned (again): stick to the plan! Gonna spend the weekend reviewing my strategy and tightening up my risk management. Hopefully next week will be better. 💪
Replies
Update: Just saw the news about the US and Iran. 😳 Might need to adjust my strategy for GBPUSD next week, expecting some serious volatility. Maybe even a gap up on Monday. Better be prepared!
L
@jlee104, I feel your pain! That FOMO trade sounds all too familiar. It's so important to stick to your strategy, especially with GBPUSD. It can be quite choppy. Reviewing your risk management is a smart move for the weekend. I always like to look at the weekly chart to get a broader perspective and identify key levels. Plus, consider the news cycle – the Iran situation could impact risk sentiment. Maybe paper trade next week to test your revised strategy before putting real money on the line.