UK100 GBP Long Long

OANDA:UK100GBP60

UK 100OANDA

Description

⋅ Dec 4, 2022 1:01 PM

Entry at 7570

Stop Loss at 7490.

Targets - 7650, 7730, 7810

Remember, risk 1-2% of your account and VAMOS!!

Comments

giotaylor1000

⋅ Dec 5, 2022 6:27 AM

So your risk to reward is 1:1 which is a pointless trade and your entry is 7,570 when it’s naturally going to drop off the open before any retracement long. Risk to reward should be atleast 1:3. Good luck

Vapari_Inc

⋅ Dec 5, 2022 6:55 AM

@giotaylor1000

My target for the trade is 7810, and the R:R is 1:3

I will enter 3 trades, where each one I'll be risking 0.5% of the account, total risk is 1.5%!!

giotaylor1000

⋅ Dec 5, 2022 7:49 AM

@Blacksmith_Jr, if all 3 trades hit SL then your risk to reward is not 1:3 at all. Good luck anyway