AUD/USD short on daily chart
SL = 0.77473
ENTRY = 0.76215
TP1 = 0.74390
Two positions with the same stop loss and x1.618 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)
SL = 0.77473
ENTRY = 0.76215
TP1 = 0.74390
Two positions with the same stop loss and x1.618 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 closed: stop reached
