I currently have two trades open AUDUSD / USDCAD I manually closed XAUUSD as the TP was at 2110 historically gold never reached that price and the pair spent more time in DD than profit.
With regards to AUDUSD / USDCAD The EA set the take profit at 95 pips and 100 pips. Over the last few days, I’ve seen the pairs be in profit and also in drawdown, the price is always to fare from the TP. Shouldn’t the TP be closer to the price? Should we just let the EA decide on the TP or do we have to work out our own TP / SL and not just rely on the EA?
Has anybody else experienced this, or am I just missing something?
Thanks