Action to Take: Go Long, enter buy at 110418 stop Take Profit Level: TP1 110746, TP2 111173 Stop Loss Level: 110224 Additional Factors: Timeframe: ~ 24 hours Total Risk of Account Equity: 2% or less
Comment
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Profit Target 1 met. Raise stop loss to 110720 on remaining position
Trade closed: target reached
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After raising our stop to lock in profits our stop was hit, so we are out with approximate gains of 33 pips and 31 pips respectively.