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 1.1300 with 1.7lot, 1:200 Leverage on 08JUNE @12:00 GMT00
»Entry SELL USDX at 96.7 with 220 lots, 1:200 leverage on 08JUNE @15:00 GMT+3
—Profit/Loss in SELL EURUSD and SELL USDX from 08 JUNE TO 12 JUNE
SELL USDX
220lot@96.9-96.7=0.2 Points Profit
Profit Booked = 0.2points x $2200=$440
SELL EURUSD
1.7lot@1.1300 – 1.1230=70 pips
Profit Booked = 70 x $17=$1190
Overall profit = $440 + $1190 = $1630
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 – $7140 with 5signals and 420pips gain-Verify
USDX – $4620 with 3signals and 2.1points gain – Verify
»So, overall profit by trading with RRR=$4620(USDX)+$7140 (EURUSD)=$11760
»While the profit by trading without Risk: Reward pattern and Level Trading=$1630
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