—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 = $2890 PROFIT
10th Apr. – 90 PIPS GAIN
11th Apr. – LEVEL NOT PERFORMED
12th Apr. – 20 PIPS LOSS
13th Apr. – LEVEL NOT PERFORMED
14th Apr. – 100 PIPS GAIN
SELL USDX = $3520 PROFIT
10th Apr. – 0.7 POINTS GAIN
11th Apr. – LEVEL NOT PERFORMED
12th Apr. – 0.7 POINTS GAIN
13th Apr. – 0.4 POINTS GAIN
14th Apr. -0.2 POINTS LOSS
Overall Profit = $2890 + $3520 = $6410
—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