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 1.3340 with 2lot, 1:200 Leverage on 09Oct@23:00 GMT00
»Entry BUY AUDUSD at 0.6710 with 3 lot, 1:200 leverage on 09Oct@23:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 09Oct to 10Oct
▪️BUY AUDUSD
3lot@00.6710-0.6780=70pips Profit
Profit Gained 70*$30(3Lot)=$2100
▪️BUY USDCAD
2lot@1.3340-1.3280=60pips loss
Loss Gained =60*$16(2Lot)=$960
Overall Profit=$2100-$960=$1140
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 – $1440 with 2signals and 90pips gain– Verify
AUDUSD – $1800 with 1signals and 60pips gain – Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$1440(USDCAD)+$1800(AUDUSD)=$3240
»While there was Loss by trading without Risk: Reward Ratio(RRR) and Level Trading=$1140
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