Hedging as per ForexTrade1 with Risk: Reward Ratio(RRR) and Level Trading
—NOW as per ForexTrade1 Hedging Strategy with RRR
where you would see the difference how we trade to keep both positions open at the same time using Proper Risk Reward Pattern and LEVEL
SELL EURUSD = $160 PROFIT
20th Sept. – COST TO COST EXIT
21st Sept. – 40 PIPS GAIN
22nd Sept – 80 PIPS GAIN
23rd Sept. – COST TO COST EXIT
24th Sept – 40 PIPS GAIN
SELL USDX = $1980 PROFIT
20th Sept – COST TO COST EXIT
21st Sept – COST TO COST EXIT
22nd Sept – 0.4 POINT GAIN
23rd Sept. – 0.5 POINT GAIN
24th Sept – COST TO COST EXIT
Overall Profit=$2720 + $1980 = $4700
—SELL EURUSD when we SELL USDX USING 0.5points STOP LOSS in USDX
We entered EURUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
We entered USDX at the same time
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME