Signal Quiz Please Share us your knowledge on how you handling our signals 1.If a signal has 3 take profit targets. After signal reaching Target 1, what you do? Close all my trades. Close some of my trade position and change my stop loss to entry price. I don’t close any trade, I wait for the market to reach the final take profit target. 2.After signal reaching target 1, do you place a new trade for that signal? Yes, I will place new trade because I still have other take profit targets. No, I don’t place any new trade at target 1. I will wait for next signal. 3.After signal reaching final target, what you will do? I will place opposite trade order, I believe market will reverse after hitting final target. I close all my open trade position and I will wait for next signal. 4.Within how much time you will plan to exit the signal if it doesn’t reach the Take profit or Stop loss? How long can I hold your signal? 24 hours 2 days (As per AEDT time) I will wait until it reaches the default Stop loss or take profit price. 5.If the signal is moving up and down between the entry price range for 2 days (AEDT time), and it didn’t reach the take profit 1 or Stop loss, what you should do? If signal in profit, I will change my Stop loss price to entry price. If signal in loss, I will change my take profit price to entry price. If market at our signal entry price range, I will close my trade. Above all answers are correct. 6.How the 2 days expiry rule is calculated? 48 hours expiry from the signal provided time. 2 days is calculated depend on the signal day + next day as per AEDT time (Australian time). Example: If the buy EURUSD signal is given on Wednesday 8 p.m AEDT time, signal will get expired within next day Thursday 11.59 p.m. 7.I saw the signal late and the market has moved faster from the entry price, Do I need to enter into the signal outside of the entry price range? No, I will not trade that signal. I will enter if the market has gone faster from entry price around 10 to 20 pips, then I still can place a new trade for that signal and also use pending orders. But, if the market reaches target 1, then I don’t take any new trades on that signal. 8.If I have 1000 USD trading account, what lot size should I use for your signal? 0.50 lot per signal 0.05 lot per signal 0.20 lot per signal 9.How much % should I risk on each signal? 5% Less than 2% 10% How to follow this signal? Buy EURUSD at any price between 1.1140 and 1.1120 -------------- Target 1= 1.1190 ; Target 2= 1.1260; Target 3 = 1.1330; Stop loss = 1.1080 I will place 3 buy orders Set first buy order take profit at target 1 price, second buy order take profit at target 2 price third buy order take profit at target 3 price. Buy at any price between the signal entry price range. I will use pending orders for placing multiple trades inside the entry price range. Example: while I am receiving the signal, if the signal price is standing at 1.1140, I will place my first trade immediately at 1.1140 Second trade at 1.1130 (pending buy limit) Third trade at 1.1120 (pending buy limit) I can follow signal in both ways as mentioned in answer 1 and answer 2.
