Re: January 9, 2020 | +8.1 Pips

#5
andrew1 wrote:
Thu Jan 09, 2020 9:13 am
Andrew wrote:
Thu Jan 09, 2020 7:59 am

Close by accident the rest at @1.30954 :-)
lol. I got 13pips and got stopped by trailing TP. Still, it's a profit :)
Might rethink my trailing TP usage though as it's settles at another 10+ pips on...hmmm
A small profit is also profit :-)
I like to collect profits trade by trade without extreme hight profits or extreme losses. This makes steady profit growth and keeps the drawdown level really low.

Re: January 9, 2020 | +8.1 Pips

#6
With GU Ldn open session definitely lock in profits and split trade between 10-15 pips and manage 2nd leg, or decided to scalp the full amount for that range ... letting it
all run yes you can get more profits . but also bigger emotional sting on pull backs and SL ..

Personally i have 1st leg set +13 ( just for my own greed control) then i manage the trade normally to BE +1 @ +15-20 and look for +30 range for 2nd leg or manual close based on Price action . Like to trail my SL within 10 pips as a guide to lock in as it goes ...

I have found every Pair has different structure and characters and you need to focus on one pair to understand it ....
cron