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Correlation strategies

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I opened another set of trades using the same rules as before.
good strategy, using Sell stop or buy stop, in the sense of trading by setting a trap, how many TP and SL do you set?
#31 - January 28, 2020, 12:08:30 PM

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good strategy, using Sell stop or buy stop, in the sense of trading by setting a trap, how many TP and SL do you set?
50 sl 100 tp
#32 - January 28, 2020, 12:29:30 PM

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50 sl 100 tp
with Lot 0.05 with a capital of 500 $ does not drain margins? if I may know how much leverage are you using?
#33 - January 28, 2020, 12:31:24 PM

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with Lot 0.05 with a capital of 500 $ does not drain margins? if I may know how much leverage are you using?
1:500 on Paxforex
#34 - January 28, 2020, 12:33:09 PM

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I closed the previous set with 0 profit and placed a new set based on the daily candles.
#35 - January 29, 2020, 10:53:27 AM
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The GBPUSD trade was triggered but price reversed and hit the SL.
#36 - January 30, 2020, 12:58:43 PM
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Now I opened sell stop trades on GBPUSD, EURUSD, and EURGBP. I put the pending orders under the support levels on the daily timeframes. Since these pairs are correlated I'm hoping at least one of these will have a major move down and I can capture profit.
#37 - January 30, 2020, 01:21:07 PM
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The previous pending orders were never triggered so I deleted them. I opened a basket of correlated pairs. I'll close them out manually when profit is reached. Let's see how it does.
#38 - February 03, 2020, 09:39:08 AM
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« Last Edit: February 03, 2020, 09:48:03 AM by Resh1969 »

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I closed that set out for quick and easy profit.
#39 - February 03, 2020, 11:22:47 AM
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I opened another set with bigger lot sizes. Let's see how it goes.
#40 - February 03, 2020, 11:25:42 AM
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I closed the last set out in profit and opened a new set.
#41 - February 03, 2020, 01:05:13 PM
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« Last Edit: February 03, 2020, 01:07:33 PM by Resh1969 »

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I closed the last set out in profit and opened a new set.
#42 - February 03, 2020, 04:04:17 PM
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« Last Edit: February 03, 2020, 04:06:26 PM by Resh1969 »

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I closed the last set in profit and opened a new set.
#43 - February 03, 2020, 04:45:02 PM
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« Last Edit: February 03, 2020, 04:46:36 PM by Resh1969 »

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Today I closed two of the trades out in profit. I doubled up on the remaining trades.
#44 - February 05, 2020, 07:57:07 PM
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I closed the remaining trades I had open for a profit. I opened up a new set.
#45 - February 06, 2020, 10:41:28 AM
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« Last Edit: February 06, 2020, 10:44:12 AM by Resh1969 »

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