—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 = $1530 PROFIT
29th May. – 40 PIPS GAIN
30th May. – LEVEL NOT PERFORMED
31st May. – LEVEL NOT PERFORMED
1st Jun. – 20 PIPS LOSS
2nd Jun. – 70 PIPS GAIN
SELL USDX = $4840 PROFIT
29th May. – LEVEL NOT PERFORMED
30th May. – 0.6 POINTS GAIN
31st May. – 0.6 POINTS GAIN
1st Jun. – 1.0 POINTS GAIN
2nd Jun. – LEVEL NOT PERFORMED
Overall Profit = $1530 + $4840 = $6370
—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