—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 = $1360 PROFIT
6th Mar. – 20 PIPS LOSS
7th Mar. – 140 PIPS GAIN
8th Mar. – LEVEL NOT PERFORMED
9th Mar. – LEVEL NOT PERFORMED
10th Mar. – 40 PIPS LOSS
SELL USDX = $5280 PROFIT
6th Mar. – 0.5 POINTS GAIN
7th Mar. – 0.4 POINTS LOSS
8th Mar. – 0.5 POINTS GAIN
9th Mar. – 0.5 POINTS GAIN
10th Mar. – 1.3 POINTS GAIN
Overall Profit = $1360 + $5280 = $6640
—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