—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 = $4080 PROFIT
20th Mar. – 20 PIPS LOSS
21st Mar. – 20 PIPS LOSS
22nd Mar. – 40 PIPS LOSS
23rd Mar. – 110 PIPS GAIN
24th Mar. – 130 PIPS GAIN
SELL USDX = $5940 PROFIT
20th Mar. – 0.7 POINTS GAIN
21st Mar. – 0.5 POINTS GAIN
22nd Mar. – 1.3 POINTS GAIN
23rd Mar. – 0.4 POINTS GAIN
24th Mar. – 0.2 POINTS LOSS
Overall Profit = $4080 + $5940 = $10020
—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