Hedging as per ForexTrade1 with Risk: Reward Ratio(RRR) and Level Trading
—NOW as per ForexTrade1 Hedging Strategy with RRR
where you would see the difference how we trade keep both positions open at the same time using Proper Risk Reward Pattern and LEVEL
SELL GBPUSD = $3300 PROFIT
20th Sept. – 60 PIPS GAIN
21st Sept. – 60 PIPS GAIN
22nd Sept. – 80 PIPS GAIN
23rd Sept. – 20 PIPS LOSS
24th Sept – 70 PIPS GAIN
BUY XAUUSD – $13050 PROFIT
20th Sept. – 19 POINTS GAIN
21st Sept. – 23 POINTS GAIN
22nd Sept. – 16 POINTS GAIN
23rd Sept. – 16 POINTS GAIN
24th Sept – 13 POINTS GAIN
Overall Profit=$3300 + $13050 = $16350
—BUY XAUUSD when we SELL GBPUSD USING 20 pips STOP LOSS in GBPUSD and 5points Stop Loss in XAUUSD
We entered GBPUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
At the same time,we Entered XAUUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME