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 1.3722 with 2lot, 1:200 Leverage on 31May@22:00 GMT00
»Entry BUY AUDUSD at 0.6719 with 3 lot, 1:200 leverage on 31May@22:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 31 May to 05 June
BUY AUDUSD
3lot@0.6719-0.6960=241 pips profit
Profit Booked = 241*$30(3Lot)=$7230
BUY USDCAD
2lot@1.3722-1.3438=234pips profit
Loss Booked = 151*$16(2Lot)=$3744
Overall profit =$7230 – $3744 = $3486
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 – $5920 with 7signals and 370pips gain-Verify
AUDUSD – $17100 with 5signals and 570pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$5920(USDCAD)+$17100(AUDUSD)=$23020
»While the profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$3486
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