—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 = $3400 PROFIT
3rd Apr. – 20 PIPS LOSS
4th Apr. – 50 PIPS GAIN
5th Apr. – 80 PIPS GAIN
6th Apr. – 40 PIPS GAIN
7th Apr. – 50 PIPS GAIN
SELL USDX = $5280 PROFIT
3rd Apr. – 0.9 POINTS GAIN
4th Apr. – 0.7 POINTS GAIN
5th Apr. – LEVEL NOT PERFORMED
6th Apr. – 0.4 POINTS GAIN
7th Apr. – 0.4 POINTS GAIN
Overall Profit = $3400 + $5280 = $8680
—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