Gold buy now
@ 3444.80 - 3440.80
SL : 3436.80
TP1 : 3446.80
TP2 : 3448.80
@ 3444.80 - 3440.80
SL : 3436.80
TP1 : 3446.80
TP2 : 3448.80
Too sweet! Gold Hit TP 1 running almost 23 pips
Time to secure your profits guys! 🤑
Time to secure your profits guys! 🤑
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Forwarded from VIP FOREX SIGNALS (99% ACCURACY)
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MARTINGALE LAYER
Hi Team many members asking of martingale layer and what it means
Hi Team many members asking of martingale layer and what it means
Forwarded from VIP FOREX SIGNALS (99% ACCURACY)
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.
Forwarded from VIP FOREX SIGNALS (99% ACCURACY)
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UNDERSTANDING BREAKEVEN (BE) IN TRADING 🎯
Breakeven (BE) is a critical concept in trading that refers to adjusting your stop-loss (SL) order to your entry price, ensuring that if the trade moves against you, you won't incur a loss. However, there are nuances to BE that traders should be aware of to maximize its effectiveness.
BE: Breakeven involves moving your SL to your entry price once the trade has moved in your favor. This locks in profits and reduces the risk of losing capital if the market reverses suddenly.
BE-: This variation of BE is used when short-selling. It means setting your SL slightly above your entry price to protect your position from minor fluctuations without prematurely exiting the trade.
BE+: Conversely, BE+ is employed when going long. It entails setting your SL slightly below your entry price to account for price retracements while allowing the trade room to breathe and potentially capture larger gains.
The value of using BE and its variations lies in risk management.
By implementing these techniques, traders can protect profits, reduce exposure to market volatility, and enhance overall trade management. Remember, successful trading is not just about making profits but also about safeguarding capital and minimizing losses.
Keep learning, stay disciplined, and trade smart! 💪💡
Breakeven (BE) is a critical concept in trading that refers to adjusting your stop-loss (SL) order to your entry price, ensuring that if the trade moves against you, you won't incur a loss. However, there are nuances to BE that traders should be aware of to maximize its effectiveness.
BE: Breakeven involves moving your SL to your entry price once the trade has moved in your favor. This locks in profits and reduces the risk of losing capital if the market reverses suddenly.
BE-: This variation of BE is used when short-selling. It means setting your SL slightly above your entry price to protect your position from minor fluctuations without prematurely exiting the trade.
BE+: Conversely, BE+ is employed when going long. It entails setting your SL slightly below your entry price to account for price retracements while allowing the trade room to breathe and potentially capture larger gains.
The value of using BE and its variations lies in risk management.
By implementing these techniques, traders can protect profits, reduce exposure to market volatility, and enhance overall trade management. Remember, successful trading is not just about making profits but also about safeguarding capital and minimizing losses.
Keep learning, stay disciplined, and trade smart! 💪💡
Gold buy now 3330 - 3327
SL: 3324
TP: 3332
TP: 3334
TP: 3336
TP: open
SL: 3324
TP: 3332
TP: 3334
TP: 3336
TP: open
UPS or DOWNS, 100% REAL 🙏🏽
I‘m calling it a day, markets arent with me today and i‘m not with the markets today neither😔
I‘m calling it a day, markets arent with me today and i‘m not with the markets today neither😔
XAUUSD BUY NOW @ 3330-3327
SL : 3324
TP : 3338
Kindly manage your money management properly
SL : 3324
TP : 3338
Kindly manage your money management properly