—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
BUY AUDUSD = $1500 PROFIT
18th April – COST TO COST EXIT
19th April – 40 PIPS GAIN
20th April – 50 PIPS GAIN
21st April – 20 PIPS LOSS
22nd April – 20 PIPS LOSS
BUY USDCAD = $4640 PROFIT
18th April – COST TO COST EXIT
19th April – 80 PIPS GAIN
20th April – 20 PIPS LOSS
21st April – 130 PIPS GAIN
22nd April – 100 PIPS GAIN
Overall Profit=$1500 + $4960= $6,460
—We are using 20 pips STOP LOSS in Both Signals (AUDUSD & USDCAD).
We entered AUDUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
At the same time, we Entered USDCAD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
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