—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 = $7200 PROFIT
29th May. – LEVEL NOT PERFORMED
30th May. – 50 PIPS GAIN
31st May. – 50 PIPS GAIN
1st Jun. – 100 PIPS GAIN
2nd Jun. – 40 PIPS GAIN
BUY USDCAD = $960 PROFIT
29th May. – LEVEL NOT PERFORMED
30th May. – 40 PIPS GAIN
31st May. – LEVEL NOT PERFORMED
1st Jun. – 20 PIPS LOSS
2nd Jun. – 40 PIPS GAIN
Overall Profit = $7200 + $960 = $8160
—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