HEDGING STRATEGY: EURUSD/USDX– JUNEwk2

—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 = $6800 PROFIT

6th May – 70 PIPS GAIN
7th May – 50 PIPS GAIN
8th Jun – 20 PIPS LOSS
9th Jun – 160 PIPS GAIN
10th Jun – 140 PIPS GAIN

SELL USDX = $3520 PROFIT

6th May – COST TO COST EXIT
7th May – 0.6 POINTS GAIN
8th Jun – 0.6 POINTS GAIN
9th Jun – 0.6 POINTS GAIN
10th Jun – 0.2 POINTS LOSS

Overall Profit=$6800 + $3520 = $10320

—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