—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 = $5400 PROFIT
22nd Aug. – 50 PIPS GAIN
23rd Aug. – 110 PIPS GAIN
24th Aug. – 40 PIPS GAIN
25th Aug. – LEVEL NOT PERFORMED
26th Aug. – 20 PIPS LOSS
BUY USDCAD = $5600 PROFIT
22nd Aug. – 90 PIPS GAIN
23rd Aug. – 20 PIPS LOSS
24th Aug. – 70 PIPS GAIN
25th Aug. – 70 PIPS GAIN
26th Aug. – 140 PIPS GAIN
Overall Profit = $5400 + $5600 = $11000
—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