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 1.2650 with 2lot, 1:200 Leverage on 8th Mar @ 13:00 GMT00
»Entry BUY AUDUSD at 0.7640 with 3lot, 1:200 leverage on 8th Mar @ 13:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 8th Mar to 12th Mar
BUY AUDUSD
3lot@0.7640-0.7800=160 pips
Profit Booked =160*$30(3Lot)=$4800
BUY USDCAD
2lot@1.2650 – 1.2530=120Pips
Profit Booked = 120*$16(2Lot)= $1920
Overall profit/Loss =$4800 + $1920 = $6720
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 – $3040 with 3Signals and 190pips gain –Verify
AUDUSD – $13200 with 5signals and 440pips gain –Verify
If you are trading without RRR and level trading, then your profit is less, which is $6720, and if you followed RRR and level trading, then profit is $16240
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