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 Levels and hold Signal against Hedged Signal
Without Risk: Reward Ratio and Level Trading
—Let’s say,
»Entry SELL EURUSD at 1.1060 with 1.7lot, 1:200 Leverage on 4Jan@7:00 GMT00
»Entry SELL USDX at 97.8 with 220 lots, 1:200 leverage on 4Jan@9:00 GMT+2
—Profit/Loss in SELL EURUSD and SELL USDX from 03FEB to 08FEB
▪️SELL USDX
220lot@97.8-98.3=0.5 Points loss
Loss Booked = 0.5 x $2200=$1100
▪️SELL EURUSD
1.7lot@1.1060-1.0950=110pips profit
Profit Booked =110 x $17=$1870
Overall Profit=$1870-$1100=$770
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 – $4250 with 6signals and 250pips gain- Verify
USDX – $440 with 1signals and 0.2points gain – Verify
»So, overall profit by trading with RRR=-$440(USDX)+$4250 (EURUSD)=$3810
»While the profit by trading without Risk: Reward pattern and Level Trading=$770
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