This week I was trading Gold and few trades I took with Silver. Below you can see examples of the orders I placed ( pending orders Buy Stop - 244 points from the green level and Sell Stop - 244 points from the red level) and where I took the trades. My usual setups:
Initial Lot Size: 0.2 (closing 0.10 lots at 244 points)
TakeProfit: 244 points (aiming to close half position at 244 points)
StopLoss: 900 points, moving to break-even + 111 points at 244 points (trailing by 222 points in 111 point steps after 244 points).
I also use recovery system to cover the losses, but all the trades below closed with profits this week.
I provide Free signals at t.me/JannaFX and you can follow or just watch my progress. If you are interested in the EA I use to place the orders with and run my trades, please, subscribe here - JannaFX is creating Educational Forex Trading Videos, Market Analysis | Patreon
Happy Trading!
Initial Lot Size: 0.2 (closing 0.10 lots at 244 points)
TakeProfit: 244 points (aiming to close half position at 244 points)
StopLoss: 900 points, moving to break-even + 111 points at 244 points (trailing by 222 points in 111 point steps after 244 points).
I also use recovery system to cover the losses, but all the trades below closed with profits this week.
I provide Free signals at t.me/JannaFX and you can follow or just watch my progress. If you are interested in the EA I use to place the orders with and run my trades, please, subscribe here - JannaFX is creating Educational Forex Trading Videos, Market Analysis | Patreon
Happy Trading!