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 1.2720 with 2lot, 1:200 Leverage on 17 Jan @23:00 GMT00
»Entry BUY AUDUSD at 0.7680 with 3 lot, 1:200 leverage on 17 Jan @23:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 17 Jan to 22 Jan
BUY AUDUSD
3lot@0.7680-0.7720=40 pips
Profit Booked =40*$30(3Lot)=$1200
BUY USDCAD
2lot@1.2720 – 1.2740=20Pips
Loss Booked = 20*$16(2Lot)= $320
Overall profit =$1200 – $320 = $880
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 – $3360 with 5signals and 210pips gain-Verify
AUDUSD – $1200 with 1signals and 40pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$3360(USDCAD)+$1200(AUDUSD)=$4560
»While the profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$880
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