Golden Pips

Let’s talk about Break even (BE):-
BE measures to protect capital or existing Balance acct….

How to set BE…
BE is basically moving your SL from the initial given SL to your entry point, once the market has moved in your favor … if the market reverses it will hit the new set SL (which is now BE ) and close your trade with zero loss…..

How to set BE plus (BE+)
BE+ is basically the same as the BE except you set it at 10 Pips above your entry line . So if the price reverses it will close with profit instead of just break even (zero loss)

The chart below is a perfect example to illustrate BE