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LOL .. dont know why no body pointed out and almost forgot to mention between individual lots ..
EURUSD profit +930 in $
USDCHF with 2 lots loss = -2006 in $
net loss currently = -1076 in $
this should save the upcomming ranting perhaps
alright i have updated the running P/L
Update
and this is with the graphical point view ..
from the trade point of virew i am thinking to close 1 lot of USDCHF and cover up the loss when the price fluctuates between eurusd/usdchf recover some losses from there slowly untill new hedge.
update after closing 1 hedge order
i have closed one USDCHF and this how it looks like my whole idea is now to recover from the loss which gives slow and can give from 100-300 $ when both currencies fluctuate with each other so will be opening and reopening lots again and agian ..
profit booked and will repeat
well the profit is booked now from last hegde will repeat this process to recover from loss
long usdchf
long usdchf
1.2053 already long
will headge it @ 1.2015
this is going to be 100% headge if hit
long usdchf
1.2053 already long
will headge it @ 1.2015
this is going to be 100% headge if hitmy headge order is triggered and now no profit/ loss can be made .. i will wait.
Graphically Speaking
This is how it all looks like
we have a 38 pips Limbo Period where no profits or loss can be taken .. on the chart we also have our Gain Barriers for long and short once chf breaks below or above any of these gain barriers which is a minimum i will then look to cash out one side... till then i have to wait ,
another hedge
i closed the sell position for usdchf for some loss -9 pips i will take this hedge with eurousd
long 1 lot eurusd with price of 1.3786
long usdchf @ 1.2053 & 1.2026
long eurusd @ 1.3786
i closed the sell position for usdchf for some loss -9 pips i will take this hedge with eurousd
long 1 lot eurusd with price of 1.3786
long usdchf @ 1.2053 & 1.2026
long eurusd @ 1.37861 lot target for usdchf @ 1.2141 - 1.2130
add another lot usdchf @ 1.2022
added another lot eurusd @ 1.3789 now the lot ratio is 2:3