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
Risk Reward Ratio(RRR) and Levels and hold Signal against Hedged Signal
—Let’s say,
»Entry BUY USDCAD at 1.2600 with 2lot, 1:200 Leverage on 22 Feb @ 07:00 GMT00
»Entry BUY AUDUSD at 0.7850 with 3 lot, 1:200 leverage on 22 Feb @ 07:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 22 Feb to 26 Feb
BUY AUDUSD
3lot@0.7850-0.7710=140 pips
Loss Booked =140*$30(3Lot)=$4200
BUY USDCAD
2lot@1.2600 – 1.2750=150Pips
Profit Booked = 150*$16(2Lot)= $2400
Overall profit/Loss =$2400 – $4200 = -$1800
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
AUDUSD – $5400 PROFIT WITH 3 SIGNALS AND 180 PIPS GAIN – Verify
BUY_USDCAD $6400 PROFIT WITH 4 SIGNALS AND 400 PIPS GAIN – Verify
While there was a loss by trading without RRR and Level Trading = -$1800
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