Forex strategy : Hedging Range Trades

The most effective way to capitalize on currencies pairs that are trapped in tight ranges is through the use of hedging. Entry Zone: Go both long and short at the market if the price is at any level within the 1.6350-1.6600 range Protective Stop: Long stop below 1.6175 and short stop above 1.6685 Profit Target: Long Target at 1.6600 and Short Target at 1.6350 Profit Potential: 250 pips (excluding transaction costs and slippage) The hedging feature is currently available on all accounts using