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 1.0920 with 1.7lot, 1:200 Leverage on 03Sept@10:00 GMT00
»Entry SELL USDX at 99.3 with 220 lots, 1:200 leverage on 03Sept@13:00 GMT00
—Profit/Loss in SELL EURUSD and SELL USDX from 03Sept to 05Sept
▪️SELL USDX
220lot@99.3-98.0=1.3 Points Profit
Profit Gained = 1.3*$2200=$2860
▪️SELL EURUSD
1.7lot@1.0920-1.1080=160pips Loss
Loss Gained =160*$17=$2720
Overall Profit=$2860-$2720=$140
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 – $1700 with 2signals and 100pips gain-Verify
USDX – $3740 with 3signals and 1.7Points gain – Verify
»So, overall profit by trading with RRR=$3740(USDX)+$1700(EURUSD)=$5440
»While there was loss by trading without Risk: Reward pattern and Level Trading=$140
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