—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 = $9450 PROFIT
9th May – 140 PIPS GAIN
10rd May – 70 PIPS LOSS
11th May – 260 PIPS GAIN
12th May – 80 PIPS LOSS
13th May – 80 PIPS GAIN
BUY XAUUSD = $600 PROFIT
9th May – 11 POINTS GAIN
10th May – 10 POINTS LOSS
11th May – 23 POINTS GAIN
12th May – 10 POINTS LOSS
13th May – 10 POINTS LOSS
Overall Profit=$9450 + $600 = $10050
—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