HEDGING STRATEGY: GBPUSD/XAUUSD– MARCHwk1

Hedging as per ForexTrade1 with Risk: Reward Ratio(RRR) and Level Trading

—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 = $3450 PROFIT

28th Feb – 20 PIPS LOSS
1st March – 140 PIPS GAIN
2nd March – 20 PIPS LOSS
3rd March  – 130 PIPS GAIN
4th March – LEVEL NOT PERFORMED

BUY XAUUSD = $21750 PROFIT

28th Feb – 45 POINTS GAIN
1st March – 46 POINTS GAIN
2nd March – 5 POINTS LOSS
3rd March – 28 POINTS GAIN
4th March – 31 POINTS GAIN

Overall Profit=$3450+ $21750= $25200

—BUY XAUUSD when we SELL GBPUSD 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