—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 = $7800 PROFIT
20th May – COST TO CSOT EXIT
21st May – 60 PIPS GAIN
22nd Jun – 70 PIPS GAIN
23rd Jun – 60 PIPS GAIN
24th Jun – 70 PIPS GAIN
BUY USDCAD = $1600 LOSS
20th Jun– COST TO CSOT EXIT
21st Jun – 60 PIPS GAIN
22nd Jun – 20 PIPS LOSS
23rd Jun – 80 PIPS GAIN
24th Jun – 20 PIPS LOSS
Overall Profit = $7800 + $1600= $9400
—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