That's the hard part to figure out Rick. At the moment I'm just...

  1. 552 Posts.
    lightbulb Created with Sketch. 1
    That's the hard part to figure out Rick. At the moment I'm just using my pip counter as a guide to where I'm at. This is Ok when your trades are all in the same direction but when you start to hedge things get technical (especially if you have variable lot sizes too) I found an indicator that plots a line on the chart which you can move around. It tells you profit/loss at that particular price point for all your open and pending trades on the chart.
    That's how I managed to close the EURCAD hedge trade at breakeven. EURCAD daily range only at 27 pips so room to move yet!
    Cheers
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.