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 1.3580 with 2lot, 1:200 Leverage on 19JULY @21:00 GMT00
»Entry BUY AUDUSD at 0.6980 with 3 lot, 1:200 leverage on 19JULY @21:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 19 July to 23 July
BUY AUDUSD
3lot@0.6980-0.7160=180 pips Profit
Profit Booked = 180*$30(3Lot)=$5400
BUY USDCAD
2lot@1.3580 – 1.3390=190pips
Loss Booked = 190*$16(2Lot)=$3040
Overall profit =$1800 – $160 = $1640
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 – $1120 with 1signals and 70pips gain-Verify
AUDUSD – $9300 with 4signals and 310pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$1120(USDCAD)+$9300(AUDUSD)=$10420
»While the profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$1640
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