Hello,
I'm placing 2 buy stop orders:
For H4
Buy stop @ 1821
TP @ 1838
SL @ 1800
For 1D
Buy stop @ 1824
TP @ 1868
SL @ 1790
I use the smallest lot size for both trades, @ 0.01 lot, since these are for long term and will go into deep drawdown with news occurs on its way to TP.
Anyone who has larger fund may go with one trade only and larger lot size and close partial of the trade later on.
Of course, adjust your stop loss accordingly as it move up to minimize risk and/ or secure your profit.
These are my real trades and certainly all trades contain risk, please consider carefully before make your own decision.
Good luck.
I'm placing 2 buy stop orders:
For H4
Buy stop @ 1821
TP @ 1838
SL @ 1800
For 1D
Buy stop @ 1824
TP @ 1868
SL @ 1790
I use the smallest lot size for both trades, @ 0.01 lot, since these are for long term and will go into deep drawdown with news occurs on its way to TP.
Anyone who has larger fund may go with one trade only and larger lot size and close partial of the trade later on.
Of course, adjust your stop loss accordingly as it move up to minimize risk and/ or secure your profit.
These are my real trades and certainly all trades contain risk, please consider carefully before make your own decision.
Good luck.