6/10 trade.
Roughly 40% risk on SL hit.
Go small.
Manage closely.
We've entered knowing the factors above.
buy USDCHF -> sl: 0.96134 tp: 0.97596 (small lot)
-42pip SL (1.00 lot = -$438)
+103pip TP (1.00 lot = +$1,076)
**HOWEVER** **we** may have to drop SL lower, so act accordingly.
Roughly 40% risk on SL hit.
Go small.
Manage closely.
We've entered knowing the factors above.
buy USDCHF -> sl: 0.96134 tp: 0.97596 (small lot)
-42pip SL (1.00 lot = -$438)
+103pip TP (1.00 lot = +$1,076)
**HOWEVER** **we** may have to drop SL lower, so act accordingly.