—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 = $3600 PROFIT
15th Aug. – LEVEL NOT PERFORMED
16th Aug. – 40 PIPS GAIN
17th Aug. – 30 PIPS GAIN
18th Aug. – 70 PIPS GAIN
19th Aug. – 20 PIPS LOSS
BUY USDCAD = $5920 PROFIT
15th Aug. – 140 PIPS GAIN
16th Aug. – 20 PIPS LOSS
17th Aug. – 110 PIPS GAIN
18th Aug. – 90 PIPS GAIN
19th Aug. – 50 PIPS GAIN
Overall Profit = $3600 + $5920 = $9520
—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