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 1.3350 with 2lot, 1:200 Leverage on08JUNE @19:00 GMT00
»Entry BUY AUDUSD at 0.7010 with 3 lot, 1:200 leverage on 08June@19:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 08 June to 12 June
BUY AUDUSD
3lot@0.7010-0.6830=180 pips loss
Loss Booked = 180*$30(3Lot)=$5400
BUY USDCAD
2lot@1.3350-1.3660=310pips profit
Profit Booked = 310*$16(2Lot)=$4960
Overall profit =-$5400 + $4960 = -$440
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 – $9120 with 4signals and 570pips gain-Verify
AUDUSD – $11700 with 4signals and 390pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$9120(USDCAD)+$11700(AUDUSD)=$20820
»While the profit by trading without Risk: Reward Ratio(RRR) and Level Trading=-$440
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