Yes, looking back I am confusing myself too. I added too many zeros. But yes it makes sense now, thanks.
DislikedOk, your numbers are confusing me, your talking about 50 pip moves but your numbers show a 500 pip move. The longs and shorts are independent for TP calculation. Here is how it would work.
Longs: open a position at 1.5000 with TP at 1.5050, TP is hit open a second position at 1.5050 with a TP at 1.5100, then at midnight you would add a position at 1.5070 which would give you an average position of 1.5060 with a TP for both positions at 1.5110
Shorts: open a position at 1.5000 with a TP of 1.4950, come back at midnight since the TP hasn't...Ignored