5 February 2013. BUY order triggered at 1.4339.
GBPCHF 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: 1.4339
1st order
Take profit: after 5 completed trading days
Stop loss: 1.4249
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: 1.4249
No need to put the same Sell order
3rd part
Take profit: 1.4623 (423.6 Fibo level)
Stop loss: 1.4249
If Stop loss order fires then automatically put the same Sell order with Take profit at 1.3965 (another 423.6 Fibo level)
SELL order
Entry price: 1.4249
1st part
Take profit: after 5 completed trading days
Stop loss: 1.4339
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: 1.4339
No need to put the same Buy order
3rd part
Take profit: 1.3965 (423.6 Fibo level)
Stop loss: 1.4339
If Stop loss order fires then automatically put the same Buy order with Take profit at 1.4623 (another 423.6 Fibo level)
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