here 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 1.1070 with 1.7lot, 1:200 Leverage on 23Dec@13:00 GMT00
»Entry SELL USDX at 97.4 with 220 lots, 1:200 leverage on 23Dec@15:00 GMT+2
—Profit/Loss in SELL EURUSD and SELL USDX from 23Dec to 27Dec
▪️SELL USDX
220lot@97.4-96.7=0.7 Points profit
Profit Booked = 0.7 x $2200=$1540
▪️SELL EURUSD
1.7lot@1.1070-1.1150=80pips loss
Loss Booked =80 x $17=$1360
Overall Profit=$1540-$1360=$180
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 >> no signal
▪️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 – $0 with 0signals and 0pips gain- no signal
USDX – $2200 with 2signals and 1points gain – Verify
»So, overall profit by trading with RRR=$2200(USDX)+$0 (EURUSD)=$2200
»While the profit by trading without Risk: Reward pattern and Level Trading=$180
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