—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 = $850 PROFIT
27th Feb. – 20 PIPS LOSS
28th Feb. – 20 PIPS LOSS
1st Mar. – 20 PIPS LOSS
2nd Mar. – 70 PIPS GAIN
3rd Mar. – 40 PIPS GAIN
SELL USDX = $5720 PROFIT
27th Feb. – 0.9 POINTS LOSS
28th Feb. – 0.5 POINTS GAIN
1st Mar. – 0.7 POINTS GAIN
2nd Mar. – LEVEL NOT PERFORMED
3rd Mar. – 0.5 POINTS GAIN
Overall Profit = $850 + $5720 = $6570
—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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