DislikedWhen I enter a trade a short for example I look at the next pivot down if thats within 5% ie closer in pips than my SL then I set my TP to 5% and close out at 1:1 RR
If I go short and my next pivot down is greater than 5% then I close when I hit the pivot
I round the figure for posting to the nearest % no point putting TP hit 7.78 %
So I post 7%
My Max TP is 15 % ie the next pivot down is a long way off due to large moves yesterday..25 30% tp's are unrealistic so I set them to max 15% which is the text book ideal RR of 3:1
I never move my SL...Ignored
Sorry for my poor english... I'm from Germany...
Upps... I think you answered that question a few posts ago... "we need 3 semafors for a trendchange"... thx and sorry!