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
—Let’s say,
»Entry BUY USDCAD at 1.4350 with 2lot, 1:200 Leverage on 22mar@22:00 GMT00
»Entry BUY AUDUSD at 0.5700 with 3 lot, 1:200 leverage on 22mar@22:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 22mar to 27mar
BUY AUDUSD
3lot@0.5700-0.6200=500pips Gain
Profit Booked = 500*$30(3Lot)=$15000
BUY USDCAD
2lot@1.4350-1.3920=430pips Loss
Loss Booked = 430*$16(2Lot)=$6880
Overall profit =$15000-$6880=$8120
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 – $15840 with 7signals and 990pips gain-Verify
AUDUSD – $28500 with 5signals and 950pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$15840(USDCAD)+$28500(AUDUSD)=$44340
»While the profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$8120
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