No, I am not familiar with repairing a trade but I am hedging and also selling again on the way down (if it is going down, hopefully) What do you suggest? Also, any suggestions of books to read or anything else to improve my trading is most welcome.
I used to read books trading related, but particularly today they are not very applicable as there is so much algo activity going on. Algos by design are intended to cover all, except herd stampedes. I downloaded a great little reference book from Forex Fact which most have probably read already and it appears to cover most common set ups in forex. Unfortunately I can’t upload it here due to he 512kb limit.
Here are some interesting points, now pretty much common knowledge: