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 1.3090 with 2lot, 1:200 Leverage on 22Oct@23:00 GMT00
»Entry BUY AUDUSD at 0.6860 with 3 lot, 1:200 leverage on 22Oct@23:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 22Oct to 25Oct
▪️BUY AUDUSD
3lot@00.6860-0.6810=50pips Loss
Loss Gained 50*$30(3Lot)=$1500
▪️BUY USDCAD
2lot@1.3090-1.3070=20pips loss
Loss Gained =20*$16(2Lot)=$320
Overall Loss=-$1500-$320=$1820
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 – $2240 with 3signals and 140pips gain– Verify
AUDUSD – $1200 with 1signals and 40pips gain – Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$2240(USDCAD)+$1200(AUDUSD)=$3440
»While there was Loss by trading without Risk: Reward Ratio(RRR) and Level Trading=$1820
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