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 1.3930 with 2lot, 1:200 Leverage on 12April@22:00 GMT00
»Entry BUY AUDUSD at 0.6320 with 3 lot, 1:200 leverage on 12April@22:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 12 April to 17 April
BUY AUDUSD
3lot@0.6320-0.6360=40pips gain
Profit Booked = 40*$30(3Lot)=$1200
BUY USDCAD
2lot@1.3930-1.4100=170pips profit
Profit Booked = 170*$16(2Lot)=$2720
Overall profit =$1200 + $2720= $3920
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 – $11200 with 7signals and 700pips gain-Verify
AUDUSD – $15900 with 8signals and 530pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$11200(USDCAD)+$15900(AUDUSD)=$27100
»While the profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$3920
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