—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 = $6630 PROFIT
2nd May – 70 PIPS GAIN
3rd May – 100 PIPS LOSS
4th May – 60 PIPS GAIN
5th May – 120 PIPS LOSS
6th May – 40 PIPS GAIN
SELL USDX = $5060 PROFIT
2nd May – COST TO COST EXIT
3rd May – 0.7 POINTS GAIN
4th May – 1.1 POINTS GAIN
5th May – 0.4 POINTS LOSS
6th May – 0.9 POINTS GAIN
Overall Profit=$6630 + $5060= $11690
—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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