Long EUR/USD on daily chart
TP1 = 1.13621
Entry Order = 1.11956
Stop Loss = 1.10431
Two positions with the same stop loss and x1 target for the first position
The stop loss of the second position to breakeven when the first position hits the target1.
The second position has no target, only exit
Risk= 2% of account capital (1% each position)
TP1 = 1.13621
Entry Order = 1.11956
Stop Loss = 1.10431
Two positions with the same stop loss and x1 target for the first position
The stop loss of the second position to breakeven when the first position hits the target1.
The second position has no target, only exit
Risk= 2% of account capital (1% each position)
Trade active:
TP1 = 1.13621 reached
Trade closed: target reached