I am applying Grid Hedging (Type A) trading management to EURJPY.
I will enter buy and sell trades. Close trade when the trade is in 60 pips profit and open another 2 buy and sell trades.
(Exit A) When buy trades more than sell trades, if last buy trade is 60 pips profit, I will close all trades. (Exit B) When sell trades more than buy trades, if last sell trade is 60 pips profit, I will close all trades. (Exit C) I will close all trades when total profit/loss of opened and closed trades has hit $72.