—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 = $6460 PROFIT
13th May – 90 PIPS GAIN
14th May – 90 PIPS GAIN
15th Jun – 150 PIPS GAIN
16th Jun – 40 PIPS LOSS
17th Jun – 90 PIPS GAIN
SELL USDX = $5940 PROFIT
13th May – 0.2 POINTS LOSS
14th May – 0.4 POINTS LOSS
15th Jun – 0.9 POINTS GAIN
16th Jun – 2.0 POINTS GAIN
17th Jun – 0.4 POINTS GAIN
Overall Profit=$6460 + $5940 = $12400
—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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