There can be Two hedging
1 » without RiskReward Ratio
2 » with RiskReward Ratio (as we do)
1st Type of Hedging where you don’t follow
RiskReward Ratio(RRR) and hold Signal against Hedged Signal
Without Risk: Reward Ratio and Level Trading
—Let’s say,
»Entry SELL EURUSD at 1.1170 with 1.7lot, 1:200 Leverage on 17Dec@12:00 GMT00
»Entry SELL USDX at 96.6 with 220 lots, 1:200 leverage on 17Dec@14:00 GMT+2
—Profit/Loss in SELL EURUSD and SELL USDX from 17Dec to 20Dec
▪️SELL USDX
220lot@96.6-97.0=0.4 Points loss
Loss Booked = 0.4 x $2200=$880
▪️SELL EURUSD
1.7lot@1.1170-1.1080=90pips Profit
Profit Booked =90 x $17=$1530
Overall Profit=$1530-$880=$650
Hedging as per ForexTrade1 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 0.5points STOP LOSS in USDX
▪️We entered EURUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME
▪️We entered USDX at the same time
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >>CLICK ME
With Risk: Reward Ratio& Level Trading
EURUSD – $3740 with 4signals and 220pips gain-Verify
USDX – $880 with 1signals and 0.4points gain – Verify
»So, overall profit by trading with RRR=$880(USDX)+$3740 (EURUSD)=$4620
»While the profit by trading without Risk: Reward pattern and Level Trading=$650
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