yeah I have never hedged before so what I have done is I have a buy at 5041 and a t/p set at 51 and a s/l set at 4975 with a short at 5050 with a t/p of 4975, no s/l
I also have another short set at 51 so if it hits 51 i nett 59 pips and will just have to wait out the short which will come eventually.
if e/u drops then both orders will just cancel out lose 75 pips and gain 75 pips. Never used hedge before. I hope e/u breaks 51 because I know my shorts will get hit in due time. If not I know it will get to 5050 again if e/u takes off