—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
21st Nov. – LEVEL NOT PERFORMED
22nd Nov. – LEVEL NOT PERFORMED
23rd Nov. – 20 PIPS LOSS
24th Nov. – 50 PIPS GAIN
25th Nov. – 80 PIPS GAIN
SELL USDX = $6160 PROFIT
21st Nov. – LEVEL NOT PERFORMED
22nd Nov. – 0.6 POINTS GAIN
23rd Nov. – 1.2 POINTS GAIN
24th Nov. – 0.5 POINTS GAIN
25th Nov. – 0.5 POINTS GAIN
Overall Profit = $1870 + $6160 = $8030
—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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