Mid term Forex trades.
I'll be trading standard lots of major currency pairs. Though its slightly different, we'll count a pip as $10 for all pairs(though thats not the case. the pip value will be always different as the position size changes as the value of the account changes).this is only for easy understanding.
All the trades will be posted real time, meaning the trade will be posted as they entered in my terminal.All updates will be also posted in real time. I believe that my first entry is never the best entry. I'm not good at timing. The initial stops will be wider than normal. Once I am settled, I'll update it also. There wont be a profit target as I'm basically a trend follower. Once the market turns in our favor, we will follow the market with a trailing stop which is not an automatic one.
Okay..that's all for now. See y'all on Monday.
I'll be trading standard lots of major currency pairs. Though its slightly different, we'll count a pip as $10 for all pairs(though thats not the case. the pip value will be always different as the position size changes as the value of the account changes).this is only for easy understanding.
All the trades will be posted real time, meaning the trade will be posted as they entered in my terminal.All updates will be also posted in real time. I believe that my first entry is never the best entry. I'm not good at timing. The initial stops will be wider than normal. Once I am settled, I'll update it also. There wont be a profit target as I'm basically a trend follower. Once the market turns in our favor, we will follow the market with a trailing stop which is not an automatic one.
Okay..that's all for now. See y'all on Monday.
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