—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 = $3910 PROFIT
20th May – 50 PIPS GAIN
21st May – 60 PIPS GAIN
22nd Jun – 20 PIPS LOSS
23rd Jun – 100 PIPS GAIN
24th Jun – 40 PIPS GAIN
SELL USDX = $6160 PROFIT
20th May – COST TO COST EXIT
21st May – 0.5 POINTS LOSS
22nd Jun – 1.1 POINTS GAIN
23rd Jun – 0.7 POINTS GAIN
24th Jun – 0.5 POINTS GAIN
Overall Profit=$3910 + $6160 = $10070
—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