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 SELL EURUSD at 1.1850 with 1.7lot, 1:200 Leverage on 07Sept@07:00 GMT00
»Entry SELL USDX at 93.0 with 220 lots, 1:200 leverage on 07Sept @10:00 GMT+3
—Profit/Loss in SELL EURUSD and SELL USDX from 07 SEPT TO 11 SEPT
SELL USDX
220lot@93.0 – 93.1=0.1 Points
Profit Booked = 0.1points x $2200=$220
SELL EURUSD
1.7lot@1.1850- 1.1850=0pips
Profit Booked = 0 PIPS x $17=$0
Overall profit = $220 + $00 = $220
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 to keep both positions open at the same time using Proper Risk Reward Pattern and LEVEL
—SELL EURUSD when we SELL USDX USING 0.5points STOP LOSS in USDX
We entered EURUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME
We entered USDX at the same time
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >>CLICK ME
EURUSD – $5100 with 5signals and 300pips gain-Verify
USDX – $2420 with 2signals and 1.1points gain – Verify
»So, overall profit by trading with RRR=$2420(USDX)+$5100(EURUSD)=$7520
»While the profit by trading without Risk: Reward pattern and Level Trading=$220
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