— 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 = $6750 PROFIT
27th Jun – 20 PIPS LOSS
28th Jun – 120 PIPS GAIN
29th Jun – 110 PIPS GAIN
30th Jun – 70 PIPS GAIN
1st Jul – 170 PIPS GAIN
BUY XAUUSD = $8850 PROFIT
27th Jun – COST TO COST EXIT
28th Jun – COST TO COST EXIT
29th Jun – 21 POINTS GAIN
30th Jun – 18 POINTS GAIN
1st Jul – 20 POINTS GAIN
Overall Profit=$6750 + $8850= $15600
—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