Then i also would like to try out the Bankai setup with 2 ways, but only at one pair. The rules would be to follow the trend as per previous day, which is as always.
Point of interest is that, that most time the instant price would not go to the point at first hand but rather on the later part of the day.
So if i would to use different approach, it would be like this then
Bankai v1 - instant as always according to the price point
Bankai v2 - limit order to where the Bankai v1 price point located at, and another 50 pips differences off the price point for a stop order. Target pips is 25 for the first point, while the second at 25 as well.
For example
EA today
- yesterday trend bearish
- bankai price point at 1.557xx
- opening price at 1.54849, thus instant buy towards 1.5570 with a total pips of 85.1 pips differences.
- sell limit order set at 1.5570 with a target profit of 25 pips @ 1.5555.
- another sell stop order with a differences of 100 pips at 1.5470 with a target profit of 25 pips @ 1.5455.
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