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Its very famous with MLMs, the profit target for a second order would be 40 pips; For short entries, with multiple entry points: Place 2 sell-stop orders at an entry point 2 pips below the low of the confirmation candle; As with long trades, for short entries forex traders should set the sell-stop orders to expire at the beginning of each new candle; Place the Forex trade Osnabruck orders 2 pips over the signal candlestick, which was the one that touched the 20-day EMA; The stop-loss orders can also be placed just behind a nearby swing point or support-resistance level; As with long entries, profit targets are set at an amount equal to the total risk of the trade expressed in pips.

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