DislikedI really don't know what is the TP and SL for each trade?
TP, SL in 1M??
TP, SL in 5M??
If i use 20 pips SL and 15 pips TL, is it okay?
But it seems very poor money management that RRR is very bad....
anyway, thanks all here!!Ignored
Second, you can take profit at pivot points, fibs, pychs levels (you know this if you read THV Manual carefully).
I'm personally trading in M5 with M1 entry and take profit at PP, Fibs and when I feel happy with profit. Always set SL at 20 pips - and if I feel the trade is wrong, I will exit as soon as possible.
Happy weekend.