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 1.1820 with 1.7lot, 1:200 Leverage on 12Oct @08:00 GMT00
»Entry SELL USDX at 93.2 with 220 lots, 1:200 leverage on 12Oct @11:00 GMT+3
—Profit/Loss in SELL EURUSD and SELL USDX from 12 OCT TO 16 OCT
SELL USDX
220lot@93.2 – 93.7=0.5 Points
Loss Booked = 0.5 points x $2200=$1100
SELL EURUSD
1.7lot@1.1820- 1.1700=120pips
Profit Booked = 120 PIPS x $17=$2040
Overall profit = $2040 – $1100= $940
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 – $3910 with 4signals and 230pips gain-Verify
USDX – $1980 with 2signals and 0.9points gain – Verify
»So, overall profit by trading with
RRR=$1980(USDX) + $3910(EURUSD)=$5890
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