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 1.3380 with 2lot, 1:200 Leverage on 27JULY @02:00 GMT00
»Entry BUY AUDUSD at 0.7140 with 3 lot, 1:200 leverage on 27JULY @02:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 27 July to 31 July
BUY AUDUSD
3lot@0.7140-0.7230=90 pips Profit
Profit Booked = 90*$30(3Lot)=$2700
BUY USDCAD
2lot@1.3380 – 1.3430=50pips Gain
Profit Booked = 50*$16(2Lot)=$800
Overall profit =$2700 – $800 = $1900
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 – $4160 with 4signals and 70pips gain-Verify
AUDUSD – $6900 with 5signals and 230pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$4160(USDCAD)+$6900(AUDUSD)=$11060
»While the profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$1900
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