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 hold Signal against Hedged Signal
—Let’s say,
»Entry SELL EURUSD at 1.1160 with 1.7lot, 1:200 Leverage on 30July@18:00 GMT00
»Entry SELL USDX at 97.8 with 220 lots, 1:200 leverage on 30July@20:00 GMT+2
—Profit/Loss in SELL EURUSD and SELL USDX from 30 July to 01 August
▪️SELL USDX
220lot@97.8-98.6=0.8 Points Loss
Loss Gained = 0.8*$2200=$1760
▪️SELL EURUSD
1.7lot@1.1160-1.1020=140pips Profit
Profit Gained =140*$17=$2380
Overall Profit=$2380-$1760=$620
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
EURUSD – $3570 with 3signals and 210pips gain-Verify
USDX – $2420 with 2signals and 1.1Points gain – Verify
»So, overall profit by trading with RRR=$2420(USDX)+$3570(EURUSD)=$5990
»While there was an overall profit by trading without RRR=$620
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