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 1.3250 with 2lot, 1:200 Leverage on 19August@10:00 GMT00
»Entry BUY AUDUSD at 0.6770 with 3 lot, 1:200 leverage on 19August@10:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 19 August to 20 August
▪️BUY AUDUSD
3lot@00.6770-0.6790=20pips Profit
Profit Gained =20*$30(3Lot)=$600
▪️BUY USDCAD
2lot@1.3250-1.3350=100pips Profit
Profit Gained =100*$16(2Lot)=$1600
Overall Profit=$600+$1600=$2200
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
USDCAD – $2240 with 2signals and 140pips gain– Verify
AUDUSD – $2400 with 2signals and 800pips gain – Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$2240(USDCAD)+$2400(AUDUSD)=$4640
»While the profit by trading without Risk: Reward Ratio(RRR)=$2200
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