There can be Two hedging
1 » without RiskReward Ratio
2 » with RiskReward Ratio (as we do)
Hedging as per ForexTarde1 with Risk: Reward Ratio(RRR) and Level Trading
—Lets say,
»Entry SELL EURUSD at 1.1290 with 1.7lot, 1:200 Leverage on 21June@06:00 GMT00
»Entry SELL USDX at 96.0 with 220 lots, 1:200 leverage on 21June@08:00 GMT+2
—Profit/Loss in SELL EURUSD and SELL USDX from 21June to 28June
▪️SELL USDX
220lot@96.0-95.6=0.4Points Gain
Profit Gained = 0.4*$2200=$800
▪️SELL EURUSD
1.7lot@1.1290-1.1370=80pips Loss
Loss Gained =80*$17=$1360
Overall Loss=$800-$1360=$560
Hedging as per ForexTarde1 with Risk: Reward Ratio(RRR) and Level Trading
—NOW as per ForexTrade1 Hedging Strategy with RRR
where you would see the difference how we trade to keep both positions open at the same time using Proper Risk Reward Pattern and LEVEL
—SELL EURUSD when we SELL USDX USING 20pips STOP LOSS in EURUSD
▪️We entered EURUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME`
▪️At the same time, we also entered USDX
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME
With Risk: Reward Ratio
EURUSD – $2040 with 2signals and 150pips gain – Verify
USDX – $2860 with 2signals and 1.3Points gain – Verify