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 1.384 with 2lot, 1:200 Leverage on 16mar@8:00 GMT00
»Entry BUY AUDUSD at 0.615 with 3 lot, 1:200 leverage on 16mar@15:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 16mar to 19mar
BUY AUDUSD
3lot@0.6150-0.5960=190pips Loss
Loss Booked = 190*$30(3Lot)=$5700
BUY USDCAD
2lot@1.3840-1.4520=680pips Profit
Profit Booked =680*$16(2Lot)=$10880
Overall profit =$10880-$5700=$5180
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 – $32480 with 8signals and 2030pips gain-Verify
AUDUSD – $29400 with 7signals and 980pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$32480(USDCAD)+$29400(AUDUSD)=$61880
»While there was profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$5180
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