— NOW as per ForexTrade1 Hedging Strategy with RRR
where you would see the difference how we trade keep both positions open at the same time using Proper Risk Reward Pattern and LEVEL
SELL GBPUSD = $8400 PROFIT
4th Jul – 70 PIPS GAIN
5th Jul – 220 PIPS GAIN
6th Jul – 110 PIPS GAIN
7th Jul – 70 PIPS GAIN
8th Jul – 170 PIPS GAIN
BUY XAUUSD = $600 LOSS
4t Jul – COST TO COST EXIT
5th Jul – 10 POINTS LOSS
6th Jul – 10 POINTS LOSS
7th Jul – COST TO COST EXIT
8th Jul – 16 POINTS GAIN
Overall Profit=$8400 – $600 = $7800
—We are using 20 pips STOP LOSS in GBPUSD and 5points STOP LOSS in XAUUSD
We entered GBPUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
At the same time, we Entered XAUUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
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