jonathancarlucci

GBPUSD short Safer trade

Short
FX:GBPUSD   British Pound / U.S. Dollar
Same exact trade as before but with an extended stop loss just in case it moves quicker/more explosive than anticipated. Regardless we're looking for a wick entry it should move up quickly and reject just as quickly. A bigger stop loss shrinks the R:R not by that much but if you're looking for a safer trade here it is. if you're risking 1-2% like you should, you can take both trades and if they both lose it wont do damage.

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