@ttaylor19 on GBPUSD | PriceONN Community
T
Just closed a GBPUSD trade for a small loss. Pretty sure I got rekt by a sudden spike. Classic beginner move, I guess. Need to work on my exit strategy.
Replies
Hey @ttaylor19, I totally get that frustration. These sudden spikes can be brutal, especially when you're just starting out. It sounds like you might have been caught by some 'smart money' moves or maybe just some volatility around session overlap. For me, when I see the price hitting resistance levels like R1 around 1.3360, I usually try to stay out or at least tighten my stop loss. Keep at it though, learning to manage exits is key!