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 1.2210 with 1.7lot, 1:200 Leverage on 28 Dec @10:00 GMT00
»Entry SELL USDX at 90.4 with 220 lots, 1:200 leverage on 28 Dec @12:00 GMT+2
—Profit/Loss in SELL EURUSD and SELL USDX from 28 Dec TO 31 Dec
SELL USDX
220lot@90.4 – 89.8 = 0.6 Points
Profit Booked = 0.6 points x $2200= $1320
SELL EURUSD
1.7lot@1.2210 – 1.2220=10pips
Loss Booked = 10 PIPS x $17=-$170
Overall profit = $1320 – $170= $1150
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 – $4590 with 5signals and 270pips gain-Verify
USDX – $2640 with 3signals and 1.2points gain – Verify
»So, overall profit by trading with
RRR=$2640(USDX) + $4590(EURUSD)=$7230
While there was a loss by trading without RRR and Level Trading = $1150
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