Hey @Rawlie, Spread +1 may not get the job done… Price action from most MM’s is malevolent…
I rest my case… So you will find that it will still trigger the SL and still not close out your TP… especially if price spikes (small) through that zone… You may need a few more pips… but hey, give it a try.
Attempting to profit from a position that goes from A to B and trying to repeat it successfully over and over again against this market is definite signs of insanity…
@rrram2 or @Dennis3450 threads may open you up to some strategies that can be applied to FX.
I understand your rational behind the strategy you are trying to achive… so I have highlighted a thread that may be of interest to you…