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 SELL EURUSD at 1.1810 with 1.7lot, 1:200 Leverage on 24AUG@15:00 GMT00
»Entry SELL USDX at 93.0 with 220 lots, 1:200 leverage on 24AUG @18:00 GMT+3
—Profit/Loss in SELL EURUSD and SELL USDX from 24 AUG TO 28 AUG
SELL USDX
220lot@93.3 – 92.2=1.1 Points Gain
Profit Booked = 1.1points x $2200=$1980
SELL EURUSD
1.7lot@1.1810- 1.1870=60pips
Loss Booked = 60 PIPS x $17=$1020
Overall profit = $1980 – $1020 = $960
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 to keep both positions open at the same time using Proper Risk Reward Pattern and LEVEL
—SELL EURUSD when we SELL USDX USING 0.5points STOP LOSS in USDX
We entered EURUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME
We entered USDX at the same time
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >>CLICK ME
EURUSD – $6800 with 6signals and 390pips gain-Verify
USDX – $5940 with 5signals and 2.7points gain – Verify
»So, overall profit by trading with RRR=$5940(USDX)+$6800(EURUSD)=$12740
»While the profit by trading without Risk: Reward pattern and Level Trading=$960
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