—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 = $5610 PROFIT
8th May. – 50 PIPS GAIN
9th May. – 60 PIPS GAIN
10th May. – 50 PIPS GAIN
11th May. – 80 PIPS GAIN
12th May. – 90 PIPS GAIN
SELL USDX = $440 PROFIT
8th May. – LEVEL NOT PERFORMED
9th May. – LEVEL NOT PERFORMED
10th May. – 0.6 POINTS GAIN
11th May. – 0.2 POINTS LOSS
12th May. – 0.2 POINTS LOSS
Overall Profit = $5610 + $440 = $6050
—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