Alg626
November 16, 2021, 12:01pm
1010
Yes, when I trade a major/ minor pair I trade with a 2.0 Lot size. Once my trade reaches TP1 I close 1.33 of that trades position, which leaves 0.67 to run til full profit or it retraces back down to BE.
TP2 really isn’t a take profit I actually just move my SL to TP1 once price reaches my TP2 mark.
Exotics are traded with a 1.0 Lot but the same principle and ratios are applied as well.
Alg626
November 16, 2021, 12:09pm
1011
Looks like there was a nice reversal last night in USDCAD.
USDCAD
1 Like
Alg626
November 16, 2021, 12:10pm
1012
Trades that I have an order placed, not active yet.
USDSEK
GBPUSD
GBPJPY
EURNZD
1 Like
Alg626
November 16, 2021, 12:15pm
1013
No order placed just some thoughts…
NZDCHF
CRS220
November 16, 2021, 12:20pm
1014
yeah i noticed that when i woke up brother. engulfing on 4hr. we’ll see if it can make its way up to 1.26
2 Likes
CRS220
November 16, 2021, 2:25pm
1016
more lows on EURUSD. Dollar has Res at 96 tho
Alg626
November 16, 2021, 2:30pm
1017
Yea, i have placed an order at 1.1329 for EURUSD.
MafiaFX
November 16, 2021, 2:41pm
1018
Does you TP1 and TP2 have same stop loss ?
Alg626
November 16, 2021, 2:54pm
1020
Yep. Could be inline for a buy but with the strength of the dollar today I’d wait to see if it closes lower and go for a sell.
Alg626
November 16, 2021, 2:55pm
1021
No, TP1 SL is BE and once price reaches TP2 then the stop is moved to TP1.
CRS220
November 16, 2021, 2:59pm
1022
def brother… u went long on USDSEK was it?
CRS220
November 16, 2021, 3:00pm
1023
yeah it was, thought so. nice trade man. EURCAD not doing much today
Alg626
November 16, 2021, 3:18pm
1024
That I did. Seems to be working out so far.
MafiaFX
November 16, 2021, 3:24pm
1025
Just took a BUY on GBPUSD hoping it respect my strategy and go my way… i share a pic of it
CRS220
November 16, 2021, 3:28pm
1026
got some support at 1.34 area. then 1.336
Alg626
November 16, 2021, 3:33pm
1027
My order for GBPUSD is a little higher. Sitting at 1.3473. Isn’t active yet.
MafiaFX
November 16, 2021, 3:34pm
1028
i have TP1 and TP2 on 1.00 size bt similar SL
1 Like
MafiaFX
November 16, 2021, 3:36pm
1029
trades were taken from 1hr timeframe