—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 = $1760 PROFIT
24th Apr. – LEVEL NOT PERFORMED
25th Apr. – 20 PIPS LOSS
26th Apr. – LEVEL NOT PERFORMED
27th Apr. – 40 PIPS GAIN
28th Apr. – 50 PIPS GAIN
BUY USDCAD = $2100 PROFIT
24th Apr. – LEVEL NOT PERFORMED
25th Apr. – LEVEL NOT PERFORMED
26th Apr. – 50 PIPS GAIN
27th Apr. – LEVEL NOT PERFORMED
28th Apr. – 60 PIPS GAIN
Overall Profit = $1760 + $2100 = $3860
—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