Here is a daily chart for GBPUSD .. Long position from entry 1 with a tight SL .. if you get stopped out you can re-enter again at entry 2, you get stopped out again you can make final entry at entry 3.. all with a tight SL .. Note that its a long term trade and not for scalping...
Comment:
Trade still active..
Comment:
TP1 reached ... trade still active...
Comment:
Move SL to Breakeven ...TP1 reached , TP2 in sight...
Comment:
move SL to 1.31605 for guaranteed TP2 cos a reversal might be in place soon ..
Comment:
TP2 reached...
Trade closed manually:
i already closed my position.. good profit ..