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 BUY USDCAD at 1.323 with 2lot, 1:200 Leverage on 3Feb@15:00 GMT00
»Entry BUY AUDUSD at 0.668 with 3 lot, 1:200 leverage on 3Feb@15:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 3feb to 8feb
▪️BUY AUDUSD
3lot@0.6680-0.6760=80pips profit
Profit Booked = 80*$30(3Lot)=$2400
▪️BUY USDCAD
2lot@1.3230-1.3300=70pips Profit
Profit Booked = 70*$16(2Lot)=$1120
Overall Profit =$1120+$2400=$3520
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 keep both positions open at the same time using Proper Risk Reward Pattern and LEVEL
—BUY USDCAD when we BUY AUDUSD USING 20 pips STOP LOSS in each
▪️We entered USDCAD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME
▪️At, the same time, we Entered AUDUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME
With Risk: Reward Ratio& Level Trading
USDCAD – $3360 with 3signals and 210pips gain-Verify
AUDUSD – $2400 with 1signals and 50pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$3840(USDCAD)+$3300(AUDUSD)=$7140
»While there was profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$3520
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