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Abdul_hussain
Jan 12, 2020 10:40 PM

GBPNZD Buy G-Fill Long

British Pound/New Zealand DollarFXCM

Description

40-70 PIP Catch Long

Move SL into 5 PIPs profit when in 20 PIPs profit.

Manage risk accordingly, Trade Safe
Comments
shajulislam2010
Mate it keeps going down
Abdul_hussain
@shajulislam2010 that’s why we placed a SL in profit incase we don’t see our analysis playing out. So it becomes a risk free trade
shajulislam2010
Can u pls tell me the entry and tp snd sl pls no more then 15 to 18 pips sl pls thank u
Abdul_hussain
@shajulislam2010, trade your managing should well be in profit now, I suppose the SL should be within the 1.962 region. TP is based on confidence intervals so TP 1 is more realistic however can expect price to reach TP 2 however TP1 is a more secure trade.

You can also take partial profits i.e. if entered 1 Lot size, Close 0.5 Lot at TP1 and leave other 0.5 Lot to TP2

Hope that helps..
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