It seems to me you would get stopped out quite often. If your earlier trade would get you in at 8500, you would have been stopped out almost immediately. You should give the market room to breathe.
Quoting artem1985ilDislikedDo you have any thing open now then with GBP/USD?
I went long a on Fri when it was at 1.8585 with a limit at 1.8645 and no stop loss. It was in the neg for a while, but luckily it touched 1.8645 early this morning and I exited with a small profit.
I still think it will break from under USD so I went lont at 1.8604 today (should have jumped on around 1.8580 though...) with a limit at 1.8659 with no stop loss (I think it will rebound eventually...)Ignored