Hi guys, I just want to confirm something but my brain has failed me.
I want to make or lose 20 pips for a trade which is going to be equivalent to a 2% risk or gain. Is this correct
Buy at X,
tp at x +20 + spread
SL at x -20
Sell at X
tp at x -20
SL at X +20 + spread.
Thanks very much
max
I want to make or lose 20 pips for a trade which is going to be equivalent to a 2% risk or gain. Is this correct
Buy at X,
tp at x +20 + spread
SL at x -20
Sell at X
tp at x -20
SL at X +20 + spread.
Thanks very much
max
Gravity goes both ways in forex...