—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
SELL GBPUSD = $2850 PROFIT
11th April – 40 PIPS GAIN
12th April – 50 PIPS GAIN
13th April – 20 PIPS LOSS
14th April – 120 PIPS GAIN
15th April – COST TO COST EXIT
BUY XAUUSD = $17850 PROFIT
11th April – 45 POINTS GAIN
12th April – 30 POINTS GAIN
13th April – 17 POINTS GAIN
14th April – 27 POINTS GAIN
15th April – MARKET CLOSED
Overall Profit=$2850 + $17850 = $20,700
—We are using 20 pips STOP LOSS in GBPUSD and 5points STOP LOSS in XAUUSD
We entered GBPUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
At the same time, we Entered XAUUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
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