USDOLLAR DJINDEX FXCM long on daily chart
TP1 = 11968
ENTRY = 11785
SL = 11622
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)
TP1 = 11968
ENTRY = 11785
SL = 11622
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: target reached
