Trade details
Instrument : EUR/USD
Type : Limit
Direction : Sell
Size : 15
Entry : 1.43770
Stop : 1.44480 (71 pips)
Limit : 1.42350 (142 pips)
Max loss : 1065 USD
Trade style : Multi Entry, Multi Exit (Hybrid of ranging and trending market)
Thoughts
This trade is interlinked to another trade . It was placed in advanced when I placed a market order earlier.. This is a stop order because I only want this trade to be executed if it only moves in my direction. A limit (142 pips) is set because judging from the charts, it might be a ranging or trending market so I want to protect my profit and also at the same time, letting it ride which is possible with my other trade.
The stop for this trade will be set to b/e if target is not hit within a day.
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