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 1.4060 with 2lot, 1:200 Leverage on 18May@06:00 GMT00
»Entry BUY AUDUSD at 0.6440 with 3 lot, 1:200 leverage on 18May@17:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 18 May to 20 May
BUY AUDUSD
3lot@0.6440-0.6600=160pips profit
Profit Booked = 160*$30(3Lot)=$4800
BUY USDCAD
2lot@1.4060-1.3880=180pips profit
Loss Booked = 180*$16(2Lot)=$2880
Overall profit =$4800 – $2880= $1920
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
USDCAD – $0 with 0signals and 0pips gain-Verify
AUDUSD – $4900 with 2signals and 160pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$0(USDCAD)+$4900(AUDUSD)=$4900
»While the profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$1920
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