Our 3 take profits are 3 possible targets. Not every time the price will reach the maximum target, it is necessary to defend the accumulated profit by stop loss. It depends on the price movements. Maximizing profit depends on your experience with the Forex market. We provide you with the direction of the price and possible targets. The implementation of the order depends on you.
You just stick only to target 1, meaning the TP should be only target 1 with normal SL as into the signal. In this way it will be a small profit but no more tracking the charts
Open one trade. When trade goes into our direction and it is near of TP11 move SL to the entry and TP on TP2. When market keep going into our direction and it is near of TP2 move SL on TP1 and TP to TP2. When market it is near of TP3 keep the TP on TP3 and move SL to TP2
Open 3 trades all having same SL. 1st trade must no risk more than 1.2% of capital having TP on target1. 2nd trade must no risk more than 0.6% having TP on target2. 3rd trade must no risk more than 0.2% having TP on target3. 1.2 + 0.6 + 0.2 = 2% maximum risk of capital.
Open one trade with SL as into the signal and TP on target1. Open a pending order at target1 with SL of entry of 1st trade and TP on target2. Open a second pending at target2 order with SL on target1 and TP on target3. The SL of the first trade must not have more than 2% of capital.
Open one trade. When market is near of TP1, close partial of trade 75% and move SL on entry. When market is near of TP2, move SL on TP1 and close partial 15%. When market is near of TP3, move SL on TP2 and TP on TP3