—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 = $340 PROFIT
27th Mar. – LEVEL NOT PERFORMED
28th Mar. – LEVEL NOT PERFORMED
29th Mar. – 20 PIPS LOSS
30th Mar. – 20 PIPS LOSS
31st Mar. – 60 PIPS GAIN
SELL USDX = $4180 PROFIT
27th Mar. – 0.5 POINTS GAIN
28th Mar. – 0.4 POINTS GAIN
29th Mar. – 0.4 POINTS GAIN
30th Mar. – 0.6 POINTS GAIN
31st Mar. – LEVEL NOT PERFORMED
Overall Profit = $340 + $4180 = $4520
—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