—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 = $3600 PROFIT
17th Apr. – LEVEL NOT PERFORMED
18th Apr. – LEVEL NOT PERFORMED
19th Apr. – 50 PIPS GAIN
20th Apr. – 70 PIPS GAIN
21st Apr. – LEVEL NOT PERFORMED
BUY USDCAD = $4000 PROFIT
17th Apr. – 70 PIPS GAIN
18th Apr. – LEVEL NOT PERFORMED
19th Apr. – 80 PIPS GAIN
20th Apr. – 40 PIPS GAIN
21st Apr. – 60 PIPS GAIN
Overall Profit = $3600 + $4000 = $7600
—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