Thanks, sovo!
Attached is the 4hr chart with my USD/CHF trade.
I actually entered 1 lot @ 1.1018, then another lot @ 1.1026 so it averaged to --> 1.1022 for the basis.
To make things simple and easier to read, I've just used the averaged Basis (1.1022) to show my entry positions on the chart.
Here's the stats:
Entry: 1 lot @ 1.1018 + 1 lot @ 1.1026 = Basis 1.1022 (ORANGE arrow)
SL: 1.1094 (RED dashed line, 72 pips)
TP: 1st lot @ 1.0971 (GREEN line & arrow) = +49 pips
TP: 2nd lot @ 1.0949 (YELLOW line & arrow) = +77 pips
.
Attached is the 4hr chart with my USD/CHF trade.
I actually entered 1 lot @ 1.1018, then another lot @ 1.1026 so it averaged to --> 1.1022 for the basis.
To make things simple and easier to read, I've just used the averaged Basis (1.1022) to show my entry positions on the chart.
Here's the stats:
Entry: 1 lot @ 1.1018 + 1 lot @ 1.1026 = Basis 1.1022 (ORANGE arrow)
SL: 1.1094 (RED dashed line, 72 pips)
TP: 1st lot @ 1.0971 (GREEN line & arrow) = +49 pips
TP: 2nd lot @ 1.0949 (YELLOW line & arrow) = +77 pips
.