—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 = $3900 PROFIT
27th Mar. – LEVEL NOT PERFORMED
28th Mar. – 40 PIPS GAIN
29th Mar. – 40 PIPS GAIN
30th Mar. – LEVEL NOT PERFORMED
31st Mar. – 50 PIPS GAIN
BUY USDCAD = $800 PROFIT
27th Mar. – 20 PIPS LOSS
28th Mar. – 70 PIPS GAIN
29th Mar. – LEVEL NOT PERFORMED
30th Mar. – LEVEL NOT PERFORMED
31st Mar. – LEVEL NOT PERFORMED
Overall Profit = $3900 + $800 = $4700
—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