@climber724 on GBPUSD | PriceONN Community
Just closed my GBPUSD short from 1.3425. Scalped a quick 10 pips. Honestly, I was expecting more downside momentum, but the NY session just isn't delivering today. Volume is crap. Taking the small win and calling it a day.
Replies
@climber724 I saw your comment about closing your GBPUSD short, and I'm curious about your reasoning for expecting more downside momentum. I agree that the NY session has been lackluster, but the overall trend still seems bearish to me, especially given the recent news about the Bank of England. Are you factoring in any potential for a continuation of the downtrend later in the day, or are you strictly focusing on scalping quick profits regardless of the bigger picture? Maybe volume will pick up later. Just wondering what your exit strategy is usually based on