Disliked2. also what is the leverage 1:50 ; 1:100, volume 0.50 ; 1; 10... etc. you use? I assume with 120 TP yours volume should be more that 1 or 2. in some posts from master @vvFish I saw that he has gigantic volumes, mostly 50 in each open order. much appreciate your help.Ignored
Unless you're trading a million dollars on an institutional account I don't see how you could possibly trade this much and at the price you want as the liquidity drops in the direction of the spike, but to answer your question, I personally look at the pre-range side in pips, latest high-impact news on the pair, and ATM I trade an average 1 lot per trade on news with a 5000$ account, risking about 150$ per trade and trailing my stops. Trading 1 lot on the AUDUSD last night with a leverage of 500:1 (which is mine) you could have made up to 800$, so the reward/risk is more than 5:1
Cheers
Edo
You'll always miss 100% of the shots you don't take.