—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 = $2720 PROFIT
15th May. – LEVEL NOT PERFORMED
16th May. – 50 PIPS GAIN
17th May. – 50 PIPS GAIN
18th May. – 80 PIPS GAIN
19th May. – 20 PIPS LOSS
SELL USDX = $1760 PROFIT
15th May. – LEVEL NOT PERFORMED
16th May. – 0.4 POINTS GAIN
17th May. – LEVEL NOT PERFORMED
18th May. – 0.2 POINTS LOSS
19th May. – 0.6 POINTS GAIN
Overall Profit = $2720 + $1760 = $4480
—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