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
Without Risk: Reward Ratio and Level Trading
—Let’s say,
»Entry BUY USDCAD at 1.332 with 2lot, 1:200 Leverage on 2mar@08:00 GMT00
»Entry BUY AUDUSD at 0.653 with 3 lot, 1:200 leverage on 2mar@08:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 02mar to 06mar
BUY AUDUSD
3lot@0.6530-0.6650=120pips profit
profit Booked = 120*$30(3Lot)=$3600
BUY USDCAD
2lot@1.3320-1.3430=110pips Profit
Profit Booked = 110*$16(2Lot)=$1760
Overall profit =$3600+$1760=$5360
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
With Risk: Reward Ratio& Level Trading
USDCAD – $7680 with 7signals and 480pips gain-Verify
AUDUSD – $12600 with 5signals and 420pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$7680(USDCAD)+$12600(AUDUSD)=$20280
»While there was profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$5360
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