I always settle for take profit as 50 pips and stop loss at 25 pips. So far I am successful in making good trades.25 pips is a bit of very tight stop loss. Price mostly moves in long ranges than that, but you are lucky if you are getting good results from it. I always set the SL and TP nearest to the support or resistance level and ofter alter it as the price moves on. What are your orders?
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