Shorting the GBPUSD after stopped out

FX:GBPUSD   British Pound / U.S. Dollar
66 2 0
After being stopped out, with half the risk I'm going to short the GBPUSD             .
This is an example of being wrong at first sight and try to recover the loss and make some profits again.

Again, we are in a OTE             zone and an order block, while the USDX is at a support level
This trade was successful. Although we lost 2% on the first trade, we still have made a bit more than 1% today because of a risk/reward setup of > 3 @ 1% risk.
AusDoc hopiplaka1
Good one Hopi. A case of "With courage in your convictions, persistence pays" hey? Being able to "get back on the horse after being thrown" is a real talent. OK, I'm out of cliches now. :)
+1 Reply
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