—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 = $3000 PROFIT
19th Dec. – Level Not Performed
20th Dec. – Level Not Performed
21st Dec. – 70 PIPS GAIN
22nd Dec. – 20 PIPS LOSS
23rd Dec. – 50 PIPS GAIN
BUY USDCAD = $3680 PROFIT
19th Dec. – 70 PIPS GAIN
20th Dec. – 20 PIPS LOSS
21st Dec. – Level Not Performed
22nd Dec. – 110 PIPS GAIN
23rd Dec. – 70 PIPS GAIN
Overall Profit = $3000 + $3680 = $6680
—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