Quote:
Originally Posted by toddanderson
Thank you for this tip,
I will give this a try
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You're welcome.
There are a lot of things actually to master this Hedge. You need to have enough pips to let the price move in the correct direction. For EUR/USD 100 pips, for GBPJPY 166 pips. You need to place trade in line with fundamental. There is a support/ressistance to decide to buy or sell.
You can place buy stop / sell stop as a hedge, not necessary an EA.
By having this hedge, you are buying time, to fix it later somewhere sometime when the trend is clear.
Once you master this, you can have consistant profit, without any fear of losses.