I have been using different time frame when deciding a trade entry. My problem is setting the appropriate T/P per pips. I usually set my T/P at 10 - 15 pips based on 15 minutes. Sometimes I reach this goal, sometimes I don't. Sometimes it will reach 5 pips then back to negative.
Please I was just wondering if anyone can give the best T/P per pips based on the following time frame. In other word, how many pips should I set my T/p based on the following timeframes:
5 Minutes
15 minutes
30 Minutes
1 hour
4 hours
1 day
Thank you.
Please I was just wondering if anyone can give the best T/P per pips based on the following time frame. In other word, how many pips should I set my T/p based on the following timeframes:
5 Minutes
15 minutes
30 Minutes
1 hour
4 hours
1 day
Thank you.