—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 = $4250 PROFIT
22nd May. – 40 PIPS GAIN
23rd May. – 50 PIPS GAIN
24th May. – 60 PIPS GAIN
25th May. – 40 PIPS GAIN
26th May. – 60 PIPS GAIN
SELL USDX = $880 PROFIT
22nd May. – LEVEL NOT PERFORMED
23rd May. – LEVEL NOT PERFORMED
24th May. – 0.4 POINTS GAIN
25th May. – LEVEL NOT PERFORMED
26th May. – LEVEL NOT PERFORMED
Overall Profit = $4250 + $880 = $5130
—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