this one is currently at around +70 pips of profit. I suggest closing out here as I don't see price of oil getting much higher than where it is now. so lets collect our profit here and wait for some better entry.
Ah damn I was sleeping when this message came. It would be nice if signal copy can be implemented with an option to enable close orders when you recommend them to to avoid missing out when sleeping in a different time zone.
Its likely to fall down again so you probably will get the chance to close out with about 50-100 pips on this one. The NZD and AUD getting stronger after tarrifs being confirmed caught me off guard. I was actually banking on the event having a weakening effect but it seems like it has been priced in already. So now Im hoping things turn for the better with CPI reports today. Fingers crossed
But in general I pick stoploss and target levels very carefully, so I tent to stick with positions till the end. We dont widen stops at all and we dont close early (unless the price has moved passed the initial risk amount or hasnt moved against us at all) so for me its either getting stopped out or reaching the target.
Sam Shaer
Will you send a signal nzd if it goes in that direction ?
But in general I pick stoploss and target levels very carefully, so I tent to stick with positions till the end. We dont widen stops at all and we dont close early (unless the price has moved passed the initial risk amount or hasnt moved against us at all)
so for me its either getting stopped out or reaching the target.