I'm half risk in this trade.
My Stop Loss is at 112 pips
My first 50% take profit is at 75 pips
After the first take profit, I'm going to move my stop loss to 0 pips.
I'll scale the trade out by putting a trailing stop of -112pips after
the price reached 105,693 or is 150 pips from the current price
That's the trade.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
My Stop Loss is at 112 pips
My first 50% take profit is at 75 pips
After the first take profit, I'm going to move my stop loss to 0 pips.
I'll scale the trade out by putting a trailing stop of -112pips after
the price reached 105,693 or is 150 pips from the current price
That's the trade.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.