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 to keep both positions open at the same time using Proper Risk Reward Pattern and LEVEL
SELL EURUSD = $1870 PROFIT
20th Dec – COST TO COST EXIT
21st Dec – 40 PIPS GAIN
22nd Dec – 20 PIPS LOSS
23rd Dec – 50 PIPS GAIN
24th Dec – 40 PIPS GAIN
SELL USDX = $1320 PROFIT
20th Dec – COST TO COST EXIT
21st Dec – COST TO COST EXIT
22nd Dec – 0.6 POINTS GAIN
23rd Dec – COST TO COST EXIT
24th Dec – Market Closed
Overall Profit=$1870 + $1320 = $3190
—SELL EURUSD when we SELL USDX USING 0.5points STOP LOSS in USDX
We entered EURUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
We entered USDX at, the same time
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME