—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 = $6000 PROFIT
24th Oct. – 60 PIPS GAIN
25th Oct. – 20 PIPS LOSS
26th Oct. – 20 PIPS LOSS
27th Oct. – 120 PIPS GAIN
28th Oct. – 60 PIPS GAIN
SELL USDX = $5500 PROFIT
24th Oct. – 0.8 POINTS GAIN
25th Oct. – 1.4 POINTS GAIN
26th Oct. – LEVEL NOT PERFORMED
27th Oct. – 0.2 POINTS LOSS
28th Oct. – 0.5 POINTS GAIN
Overall Profit = $6000 + $5500 = $11500
—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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