—NOW as per ForexTrade1 Hedging Strategy with RRR
where you would see the difference how we trade to keep both positions open at the same time using Proper Risk Reward Pattern and LEVEL
SELL EURUSD = $4080 PROFIT
15th Aug. – 110 PIPS GAIN
16th Aug. – 40 PIPS GAIN
17th Aug. – 50 PIPS GAIN
18th Aug. – 80 PIPS GAIN
19th Aug. – 40 PIPS LOSS
SELL USDX = $6600 PROFIT
15th Aug. – 0.2 POINTS LOSS
16th Aug. – 1.2 POINTS GAIN
17th Aug. – 0.8 POINTS GAIN
18th Aug. – LEVEL NOT PERFORMED
19th Aug. – 1.2 POINTS GAIN
Overall Profit=$4080 + $6600 = $10680
—We are using 20 pips STOP LOSS in EURUSD and 0.2 points STOP LOSS in USDX
We entered EURUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
At the same time, We entered USDX
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME