AUDCAD Grid Hedging 40 Pips (Type A)

57
0.02 lot size.

I am applying Grid Hedging (Type A) trading management to AUDCAD.

I will enter buy and sell trades. Close trade when the trade is in 40 pips profit and open another 2 buy and sell trades.

When buy trades more than sell trades, if last buy trade is 40 pips profit, I will close all trades.
When sell trades more than buy trades, if last sell trade is 40 pips profit, I will close all trades.
I will close all trades when total profit/loss of opened and closed trades has hit $48.
Trade closed: target reached
Trades closed in profit. Total 4 trades executed, 2 buy and 2 sell.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.