Today is the last trading day of the week. I did not post anything yesterday, since the open orders in my account did not see any change.
But today I am posting, because just few moments ago my account witnessed an activity that was worth posting.
The Eur/Usd pair reached a new high. It crossed the 1.3000 mark.
Therefore, I moved the stop loss on my first entry order to 1.2849. This will make my stop loss to a mere 50 pips.
Now, the stop loss for both of my entry orders is 50 pips each; hence the cumulative loss in a worst case scenario would amount to 100 pips. Though, the take profit amounting to both the orders will be 600 pips.
regards
Aditi
But today I am posting, because just few moments ago my account witnessed an activity that was worth posting.
The Eur/Usd pair reached a new high. It crossed the 1.3000 mark.
Therefore, I moved the stop loss on my first entry order to 1.2849. This will make my stop loss to a mere 50 pips.
Now, the stop loss for both of my entry orders is 50 pips each; hence the cumulative loss in a worst case scenario would amount to 100 pips. Though, the take profit amounting to both the orders will be 600 pips.
regards
Aditi
