@CalmBear8 on GBPUSD | PriceONN Community

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CalmBear8 PRO newbie
GBPUSD Feb 15
Holding a small GBPUSD long position over the weekend. SL is placed just below 1.3630 to protect against any surprise gap down on Monday. Risk is minimal, but the potential reward is decent if the bullish momentum continues. Let's see.
GBPUSD

Replies (1)

JoseKing
JoseKing PRO newbie Feb 27
@CalmBear8 That's a smart idea to put your stop loss below 1.3630. I'm always nervous holding positions over the weekend, especially with GBPUSD. Things can change so quickly. Do you usually hold positions for the long term, or do you prefer to trade shorter time frames? I'm trying to learn more about how experienced traders manage their risk, and your approach seems pretty conservative. It's good to protect your capital. I might try that next time. What's your target price for the GBPUSD?
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