So far we have been doing grate, but its time to do even better.
When the market opens pls close and delete all current orders, yes all.
From now on, my signals will come with no “more than 3” TP's TP1 TP2 TP3. TP1 will (as always) be a 1:1 while others will spread out.
If you are trading my way, (I.e placing 3 orders instead of 1) you are advice to close one order at TP1 another at TP2 and 3rd at TP whatever. Note that as I close one order I move another to BE (pls see table below)
TP1 achieved = Close 1 order & move SL to BE on one of the remaining two order
TP2 achieved = Close order No2 & move SL to BE on the remaining one order, (or move SL to TP1)
A bullish pattern has formed on nzdusd, pls close this order when the market open's. Or you can wait for it to retrace down a little.
PS: I have removed nzdusd, audusd and nzdjpy pair from my platform, I will no longer trade them bcos looking back they have given me losses than any other pair, they simply don't obey patterns and market structure.
This is due to the irregularities I have experienced on the other broker, they inscrease the spread everytime, they manipulate the quote (over 50 pips difference) especially on the GBP's & Cad's, stops gets triggered, TP's get missed etc.
I have been trading the very same signals on my alpari account and got very different results compared to primexm. You can check it out your self.