—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
6th Feb. – 20 PIPS LOSS
7th Feb. – 100 PIPS GAIN
8th Feb. – LEVEL NOT PERFORMED
9th Feb. – 60 PIPS GAIN
10th Feb. – 40 PIPS GAIN
BUY USDCAD = $4800 PROFIT
6th Feb. – LEVEL NOT PERFORMED
7th Feb. – 150 PIPS GAIN
8th Feb. – 90 PIPS GAIN
9th Feb. – 80 PIPS GAIN
10th Feb. – 20 PIPS LOSS
Overall Profit = $5400 + $4800 = $10200
—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