—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 = $1870 PROFIT
16th May – COST TO COST EXIT
17th May – 20 PIPS LOSS
18th May – 80 PIPS GAIN
19th May – 20 PIPS LOSS
20th May – 70 PIPS GAIN
SELL USDX = $7040 PROFIT
16th May – 0.6 POINTS GAIN
17th May – 1.0 POINTS GAIN
18th May – 0.4 POINTS GAIN
19th May – 1.2 POINTS GAIN
20th May – COST TO COST EXIT
Overall Profit=$1870 + $7040 = $8910
—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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