QuoteDislikedHi guys, I entered USDCHF, late last night at an confluence of a PB and dayli pivot.
So, the trade is going good at this time is 150 pips profits, my questions is:
What should I do now?
I put and Take profit order at 1.1131, but What should I do now to protect all that profits that I got now?
I really appreciate Any help since exit is my major problem using PA.
thank you....
Sweet trade you got there trujillo, congrats on that first off all
Now abt the management it really has a lot to do with how you want to do it but if this trade was mine here is how I would have managed it:
My SL would be around the region where you have yours.
Abt the TP I have mentioned these levels on the chart.
although i would like price to hit 1.12 (tp1 ) today only i would be more than willing to book something less than this if before Friday close i don't reach my first target. the reason is with the Xmas next week volatility is xpected to be low, and you don't want to be messing around much without anything green in the bag
In dangerous times like these you need to play it safe if atall you're playing it
Regards,
Ghous.
I believe . . .