In an effort to make things as complicated as I can for myself...here's what I'm trying...
I implemented the trade both ways last evening. Placed pending orders every 50 pips. So I had two additional orders opened to the buy side during the night.
Now instead of closing the buys that hit +50, I decided to move them to BE and then trail them from that point so I wouldn't lose the profit but could maximize it if price continued to climb.
So two of those just closed at about 74 & 80 pips respectively. 154 pips instead of 100 pips. So that worked nice that time.
I still have one buy open for about 25 pips of floating profit. And of course I still have the two sell orders open which combined are about -160 pips.
It will be interesting to see how this nets out with price movement.
I implemented the trade both ways last evening. Placed pending orders every 50 pips. So I had two additional orders opened to the buy side during the night.
Now instead of closing the buys that hit +50, I decided to move them to BE and then trail them from that point so I wouldn't lose the profit but could maximize it if price continued to climb.
So two of those just closed at about 74 & 80 pips respectively. 154 pips instead of 100 pips. So that worked nice that time.
I still have one buy open for about 25 pips of floating profit. And of course I still have the two sell orders open which combined are about -160 pips.
It will be interesting to see how this nets out with price movement.