Forex Hedging Round Numbers with 1:~RR

Hello,

I have looked at hedging before but it looked like a waste of time.

So Im giving it another shot just because I am bored.

But with a new twist

So let me know what you guys think.

First, dont try this with sideways markets.

For example I tested a month of this with Eurusd from september of 2018 to end of september. I gained 1000 pips net. Using my full leverage so I doubled my account. Of course not real account or demo, I just did a visual backtest.
But if you look at Eurusd now the results wont be the same, you wont lose but not enough pips.

So just zoom out and look at the charts. From the outset its ez to see that EurCad and GbpNzd are trending nice.

If you are afraid of Gbp pairs just look at Eurcad for now.


Here is the deal:

Time frame: actually dosent matter because we will be entering and exiting using round numbers, but trades take 2 to 3 days sometimes so use Daily tf.

Entry: Use round numbers. .00 only

Exit: 50 pips stop loss, at 100 pips breakeven + 5 pips, at 150 pips 40 pips, at 200 take profit.

So we take 2 trades at a round number with same parameters.

I am posting a chart with an example.

I am too lazy right now to write anything else

So let me know if you have any quetions.

tnx

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