Signal
When you get a signal from us, it will usually read like follows :
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BUY GBP/USD 1.4855 to 1.4870
TP1 - 1.4885
TP2 - 1.4900
TP3 - 1.4920
- 25x
Good day
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Important Notes :
1. Use only the leverage given (25x above) or anything lower but not higher
2. You can open 1, 2 or 3 trades.
3. Start with TP1 if you have multiple trades. If you have one trade, then use ONLY TP1
4. On your 2nd & 3rd trade, place TP2 & TP3 respectively.
Once it reaches TP1 then move SL to the price of TP1
Example :
We make 3 trades based on the above signal as follows:
Trade 1 = BUY GBP/USD 1.4860 TP = 1.4885
Trade 2 = BUY GBP/USD 1.4860 TP = 1.4900
Trade 3 = BUY GBP/USD 1.4860 TP = 1.4920
WHEN the rate reaches 1.4885 then :
Trade 1 - is closed automatically at +25 pips
Trade 2 - you need to change the SL and make it 1.4885 so your minimum Loss/Profit on that trade is +25 pips, but can be +40 pips on hitting TP2
Trade 3 - similarly SL will be changed to 1.4885, and should be increased to 1.4900 when it crosses that mark thus making you minimum of +25, but possibly +40 or even better +60
Thus in an ideal situation, for signals like these you will be able to make 25 + 40 + 60 = 125 pips.
However to be conservative, we only record profits as +60 pips
Hope this helps.
For any questions or problems please speak to your account manager
Thank you !