—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 = $2550 PROFIT
13th Feb. – 20 PIPS LOSS
14th Feb. – 20 PIPS LOSS
15th Feb. – 70 PIPS GAIN
16th Feb. – 70 PIPS GAIN
17th Feb. – 50 PIPS GAIN
SELL USDX = $3520 PROFIT
13th Feb. – 0.6 POINTS GAIN
14th Feb. – 0.6 POINTS GAIN
15th Feb. – 0.2 POINTS LOSS
16th Feb. – 0.2 POINTS LOSS
17th Feb. – 0.8 POINTS GAIN
Overall Profit = $2550 + $3520 = $6070
—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
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