IT IS HIGHLY RECOMMENDED TO FOLLOW RISK MANAGEMENT STRATEGY.
HOW TO TRADE ON OUR SIGNALS.
We Explain above you use that lot size whatever Capital you have. Let say, for example, you have 4000 Dollars Capital.
We Posted Trade which has 4 Take Profit. We will use 0.20 Total lot size We will divide it in 4 Orders.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot: Stop loss Same >> Take profit will set to First target. 2nd Trade 0.05 Lot: Stop loss Same >> Take profit will set to Second target. 3rd Trade 0.05 Lot: Stop loss Same >> Take profit will set to the Third target. 4th Trade 0.05 Lot: Stop loss Same >> Take profit will set to the fourth target.
Let Say Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry. If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target. If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Note: This is only for Educational Purpose this is not Investment advice.
@Glendoonie, i think the first numbers are prices to set your "TP" and the last one must be in PIPS for the "SL"
because even with a typo its not close to a Eur/usd price.
Glendoonie
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@ph3n1x4c3, Well done, I did not see that. My only target is 1.10774 just being super cautious.
Glendoonie
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So well thought out and presented. Thanks for taking the time with this trading idea of yours :-)
I understand with way of presenting.
Thank you.