—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
BUY AUDUSD = $6000 PROFIT
10th Apr. – LEVEL NOT PERFORMED
11th Apr. – LEVEL NOT PERFORMED
12th Apr. – 70 PIPS GAIN
13th Apr. – 80 PIPS GAIN
14th Apr. – 50 PIPS GAIN
BUY USDCAD = $3200 PROFIT
10th Apr. – 70 PIPS GAIN
11th Apr. – LEVEL NOT PERFORMED
12th Apr. – 50 PIPS GAIN
13th Apr. – 20PIPS LOSS
14th Apr. – 100 PIPS GAIN
Overall Profit = $6000 + $3200 = $9200
—We are using 20 pips STOP LOSS in Both Signals (AUDUSD & USDCAD).
We entered AUDUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
At the same time, we Entered USDCAD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME