Price is below the Daily and 60 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position. PB Entry = 2.0129 Stop =2.0154 Risk = 25 pips* Profit target = 1.9963 ( The daily projected low ) Reward = 191 Pips RRR = 7.64-1 BO Entry = 2.0073 Stop = 2.0098 Risk = 25 pips Profit target = 1.9963 ( The daily projected low ) Reward = 110 PIps RRR = 4.4 - 1 I would appreciate if you leave a comment or like as a thank you Allen * I am using a slightly larger stop ** I apologize if I am a little slow responding to comments as I am conducting a training room.
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This Trade has been triggered and is now Active
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This trade is now + 20 Pips. I am going to move my stop to flat. Once it is + 25, I will take 1/2 of my position off.
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Trade closed flat. No harm no foul. Never die with a trade
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Above is how we document trades. We also use a spreedsheet