—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 = $4760 PROFIT
12th Dec. – 60 PIPS GAIN
13th Dec. – 40 PIPS GAIN
14th Dec. – 20 PIPS LOSS
15th Dec. – 130 PIPS GAIN
16th Dec. – 70 PIPS GAIN
SELL USDX = $7920 PROFIT
12th Dec. – Level Not Performed
13th Dec. – 1.6 POINTS GAIN
14th Dec. – 0.8 POINTS GAIN
15th Dec. – 0.8 POINTS GAIN
16th Dec. – 0.4 POINTS GAIN
Overall Profit = $4760 + $7920 = $12680
—We are using 20 pips STOP LOSS in EURUSD and 0.2 points STOP LOSS in USDX
We entered EURUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
At the same time, We entered USDX
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
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