—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 = $6800 PROFIT
6th May – 70 PIPS GAIN
7th May – 50 PIPS GAIN
8th Jun – 20 PIPS LOSS
9th Jun – 160 PIPS GAIN
10th Jun – 140 PIPS GAIN
SELL USDX = $3520 PROFIT
6th May – COST TO COST EXIT
7th May – 0.6 POINTS GAIN
8th Jun – 0.6 POINTS GAIN
9th Jun – 0.6 POINTS GAIN
10th Jun – 0.2 POINTS LOSS
Overall Profit=$6800 + $3520 = $10320
—We are using 20 pips STOP LOSS in EURUSD and 0.2 points STOP LOSS in USDX
We entered EURUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
At the same time, We entered USDX
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE » CLICK ME
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