Current price 1.3500
-------------- Buy------- TP----------- SL
1st Buy 1.3515---- 1.3525---- 1.3500
2nd Buy 1.3535---- 1.3545---- 1.3520
3rd Buy 1.3555---- 1.3565---- 1.3540
4th Buy 1.3575--- 1.3585---- 1.3560
5th Buy 1.3595---- 1.3605---- 1.3580
6th Buy 1.3615---- 1.3625---- 1.3600
7th Buy 1.3635---- 1.3645-----1.3620
8th Buy 1.3655---- 1.3665---- 1.3640
9th Buy 1.3675---- 1.3685---- 1.3660
10th Buy 1.3695---- 1.3705-----1.3680
-------------Sell-------- TP----------SL
1st Sell 1.3485---- 1.3475-----1.3500
2nd sell 1.3465---- 1.3455-----1.3480
3rd Sell 1.3445---- 1.3435-----1.3460
4th Sell 1.3425---- 1.3415---- 1.3440
5th Sell 1.3405---- 1.3395---- 1.3420
6th Sell 1.3385---- 1.3375---- 1.3400
7th Sell 1.3365---- 1.3355---- 1.3380
8th Sell 1.3345---- 1.3335---- 1.3360
9th Sell 1.3325---- 1.3315---- 1.3340
10th Sell 1.3305-----1.3295---- 1.3320
cpr wrote:It is really interesting.. Does not need to look at the trend or indicators. and also I guess - it does not need to be initiated from the start of the day. Any time can be choosen.
Lets say -
Current price is 1.3500Current price 1.3500
-------------- Buy------- TP----------- SL
1st Buy 1.3515---- 1.3525---- 1.3500
2nd Buy 1.3535---- 1.3545---- 1.3520
3rd Buy 1.3555---- 1.3565---- 1.3540
4th Buy 1.3575--- 1.3585---- 1.3560
5th Buy 1.3595---- 1.3605---- 1.3580
6th Buy 1.3615---- 1.3625---- 1.3600
7th Buy 1.3635---- 1.3645-----1.3620
8th Buy 1.3655---- 1.3665---- 1.3640
9th Buy 1.3675---- 1.3685---- 1.3660
10th Buy 1.3695---- 1.3705-----1.3680
-------------Sell-------- TP----------SL
1st Sell 1.3485---- 1.3475-----1.3500
2nd sell 1.3465---- 1.3455-----1.3480
3rd Sell 1.3445---- 1.3435-----1.3460
4th Sell 1.3425---- 1.3415---- 1.3440
5th Sell 1.3405---- 1.3395---- 1.3420
6th Sell 1.3385---- 1.3375---- 1.3400
7th Sell 1.3365---- 1.3355---- 1.3380
8th Sell 1.3345---- 1.3335---- 1.3360
9th Sell 1.3325---- 1.3315---- 1.3340
10th Sell 1.3305-----1.3295---- 1.3320
Is is what you are thinking about ? Above price does not incluse spread cost..
It is interesting but need to further evaluate risk..
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