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
Without Risk: Reward ratio & Level Trading
—Let’s say,
»Entry BUY USDCAD at 1.4010 with 2lot, 1:200 Leverage on 30mar@06:00 GMT00
»Entry BUY AUDUSD at 0.6120 with 3 lot, 1:200 leverage on 30mar@06:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 30mar to 2 April
BUY AUDUSD
3lot@0.6120-0.6000=120pips Loss
Loss Booked = 120*$30(3Lot)=$3600
BUY USDCAD
2lot@1.4010-1.4300=290pips gain
Profit Booked = 290*$16(2Lot)=$4640
Overall profit =$4640-$3600=-$1040
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
With Risk: Reward Ratio& Level Trading
USDCAD – $14080 with 4signals and 880pips gain-Verify
AUDUSD – $12600 with 4signals and 420pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$14080(USDCAD)+$12600(AUDUSD)=$26680
»While the profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$1040
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