5 February 2013. BUY order triggered at 1.0443.
5 February 2013. BUY order closed at 1.0408 as Stop loss.
5 February 2013. SELL order triggered at 1.0408. Position overturn.
AUDUSD last day candle closed in the shadow of the previous day candle.
Put six pending orders. Three BUY orders and three SELL orders.
BUY orders
Entry price: 1.0443
1st order
Take profit: after 5 completed trading days
Stop loss: 1.0408
If Stop loss order fires then automatically put the same Sell order with the same Take profit
2nd part
Take profit: 5 days trailing stop
Stop loss: 1.0408
No need to put the same Sell order
3rd part
Take profit: 1.0556 (423.6 Fibo level)
Stop loss: 1.0408
If Stop loss order fires then automatically put the same Sell order with Take profit at 1.0295 (another 423.6 Fibo level)
SELL order
Entry price: 1.0408
1st part
Take profit: after 5 completed trading days
Stop loss: 1.0443
If Stop loss order fires then automatically put the same Buy order with the same Take profit
2nd part
Take profit: 5 days trailing stop
Stop loss: 1.0443
No need to put the same Buy order
3rd part
Take profit: 1.0295 (423.6 Fibo level)
Stop loss: 1.0443
If Stop loss order fires then automatically put the same Buy order with Take profit at 1.0556 (another 423.6 Fibo level)
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