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 1.1710 with 1.7lot, 1:200 Leverage on 19Oct @05:00 GMT00
»Entry SELL USDX at 93.6 with 220 lots, 1:200 leverage on 19Oct @08:00 GMT+3
—Profit/Loss in SELL EURUSD and SELL USDX from 19 OCT TO 23 OCT
SELL USDX
220lot@93.6 – 92.7=0.9 Points
Profit Booked = 0.9 points x $2200=$1980
SELL EURUSD
1.7lot@1.1710- 1.1830=120pips
Loss Booked = 120 PIPS x $17=-$2040
Overall profit = $1980 – $2040= -$60
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 – $1700 with 2signals and 100pips gain-Verify
USDX – $5060 with 4signals and 2.3points gain – Verify
»So, overall profit by trading with
RRR=$5060(USDX) + $1700(EURUSD)=$6760
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