DislikedEURGBP Week 21 may 20 *** LIVE trading *** This is TMS MEME EvolutionIX. Here is my basket with first open position and two pending stop and limit orders. Note: I have my Stop Loss 3.0 ADR which is between the previous two weeks lows. I will trail this using the average entry price of the open basket of trades. The ADR-100 days is about between 58 and 65 pips depends on your broker, I use 0.25ADR for the distance between every order. (Trade Order Distance) The historical win rate is between 60 and 65%, average 63% for past 36 months. Will update...Ignored
thanks for your live trade example.
Q1: why you put your TP where you do?
I know the hard TP is 5.0 ADR(100), but it looks like you put 4.0 ADR.
Q2: Is the SL of stop order same as the first open position if the price go up?
Because you said you will trail this, so I think the SL of 2nd order maybe different from the 1st position.
best regards
Don't Rush Things, Be PATIENT and Wait For the Best Trade Setup