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 hold Signal against Hedged Signal
—Let’s say,
»Entry BUY USDCAD at 1.3120 with 2lot, 1:200 Leverage on 10July@07: 30 AM GMT00
»Entry BUY AUDUSD at 0.6910 with 3 lot, 1:200 leverage on 10July@07:30 AM GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 10 July to 11 July
▪️BUY AUDUSD
3lot@0.6910-0.69900=80pips Gain
Profit Gained =80*$30(3Lot)=$2400
▪️BUY USDCAD
2lot@1.3120-1.3050=70pips Loss
Loss Gained =70*$16(2Lot)=$1120
Overall Profit=+$2400-$1120=$1280
Hedging as per ForexTarde1 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 to 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 – $1920 with 2signals and 120pips gain – Verify
AUDUSD – $3000 with 2signals and 100pips gain – Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$1920(USDCAD)+$3000(AUDUSD)=$4920
»While Profit by trading without Risk: Reward Ratio(RRR)=$1280
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