HEDGING STRATEGY: GBPUSD/XAUUSD– DecWk4

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 keep both positions open at the same time using Proper Risk Reward Pattern and LEVEL

SELL GBPUSD = $1650 PROFIT

20th Dec – 60 PIPS GAIN
21st Dec – COST TO COST EXIT
22nd Dec – 20 PIPS LOSS
23rd Dec  – 30 PIPS GAIN
24th Dec – 40 PIPS GAIN

BUY XAUUSD = $4500 PROFIT

20th Dec – COST TO COST EXIT
21st Dec – COST TO COST EXIT
22nd Dec  – 19 POINTS GAIN
23rd Dec – 11 POINTS GAIN
24th Dec – Market Closed

Overall Profit=$1650 + $4500 = $6150

—BUY XAUUSD when we SELL GBPUSD 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