—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 = $3300 PROFIT
20th Mar. – 60 PIPS GAIN
21st Mar. – LEVEL NOT PERFORMED
22nd Mar. – 90 PIPS GAIN
23rd Mar. – 20 PIPS LOSS
24th Mar. – 20 PIPS LOSS
BUY USDCAD = $5760 PROFIT
20th Mar. – LEVEL NOT PERFORMED
21st Mar. – 100 PIPS GAIN
22nd Mar. – 70 PIPS GAIN
23rd Mar. – 100 PIPS GAIN
24th Mar. – 90 PIPS GAIN
Overall Profit = $3300 + $5760 = $9060
—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