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 SELL EURUSD at 1.0850 with 1.7lot, 1:200 Leverage on 17Feb@09:00 GMT00
»Entry SELL USDX at 97.8 with 220 lots, 1:200 leverage on 17Feb @11:00 GMT+2
—Profit/Loss in SELL EURUSD and SELL USDX from 17FEB to 21FEB
▪️SELL USDX
220lot@98.9-99.2=0.3 Points loss
Loss Booked = 0.3 x $2200=$660
▪️SELL EURUSD
1.7lot@1.0850-1.0800=50pips profit
Profit Booked =50 x $17=$850
Overall Profit=$850-$660=$190
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
With Risk: Reward Ratio& Level Trading
EURUSD – $3400 with 4signals and 200pips gain- Verify
USDX – $660 with 3signals and 0.3points gain – Verify
»So, overall profit by trading with RRR=$660(USDX)+$3400 (EURUSD)=$4060
»While the profit by trading without Risk: Reward pattern and Level Trading=$190
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