—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 = $2100 PROFIT
1st May. – 40 PIPS GAIN
2nd May. – LEVEL NOT PERFORMED
3rd May. – 50 PIPS GAIN
4th May. – 60 PIPS GAIN
5th May. – 70 PIPS GAIN
BUY USDCAD = $1600 PROFIT
1st May. – LEVEL NOT PERFORMED
2nd May. – 110 PIPS GAIN
3rd May. – 50 PIPS GAIN
4th May. – 20 PIPS LOSS
5th May. – 40 PIPS LOSS
Overall Profit = $2100 + $1600 = $3700
—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