HEDGING STRATEGY: GBPUSD/XAUUSD– MAYwk1

—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 = $11100 PROFIT

2nd May – 120 PIPS GAIN
3rd May – 160 PIPS LOSS
4th May – 120 PIPS GAIN
5th May – 260 PIPS LOSS
6th May – 80 PIPS GAIN

BUY XAUUSD = $12600 PROFIT

2nd May – 10 POINTS LOSS
3rd May – 27 POINTS LOSS
4th May – 29 POINTS GAIN
5th May – 19 POINTS LOSS
6th May – 19 POINTS GAIN

Overall Profit=$11100 + $12600 = $23700

—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