Hi team a little knowledge to gain today.
Martingale Layer :
• Martingale layering is a form of layer with different lot sizes.
• Start by choosing your desired lot size. For example you have $200 equity in the account, the lot sizing should be 0.10 because it is between low risk & mid risk.
• When the signal comes out, fill out the 0.10 lot sizing by layering them. Our first entry is the smallest lot within the 0.10 which is 0.01 or 0.02
• When the price floats 10/15 pips from the entry price you add on more layers & increase the lot sizing gradually, for example 0.02, 0.03, 0.04 etc
• When the price floats another 30 pips from the entry price, add more position to complete the 0.10 lot size.
• So if hit SL, the loss is small compared to if we enter just 0.10 for the first entry at once.
• If we're profiting, our profit will be bigger compared to if we enter just 0.10 for the first entry because of the layering at better positions.
Martingale Layer :
• Martingale layering is a form of layer with different lot sizes.
• Start by choosing your desired lot size. For example you have $200 equity in the account, the lot sizing should be 0.10 because it is between low risk & mid risk.
• When the signal comes out, fill out the 0.10 lot sizing by layering them. Our first entry is the smallest lot within the 0.10 which is 0.01 or 0.02
• When the price floats 10/15 pips from the entry price you add on more layers & increase the lot sizing gradually, for example 0.02, 0.03, 0.04 etc
• When the price floats another 30 pips from the entry price, add more position to complete the 0.10 lot size.
• So if hit SL, the loss is small compared to if we enter just 0.10 for the first entry at once.
• If we're profiting, our profit will be bigger compared to if we enter just 0.10 for the first entry because of the layering at better positions.
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EURCHF BUY @ 0.9550
TP: 0.9570 (scalper)
TP: 0.9600 (intraday)
TP: 0.9650 (swing)
SL: 0.9485
▪️Use money management 2-3%
TP: 0.9570 (scalper)
TP: 0.9600 (intraday)
TP: 0.9650 (swing)
SL: 0.9485
▪️Use money management 2-3%