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 1.1940 with 1.7lot, 1:200 Leverage on 01Sept@13:00 GMT00
»Entry SELL USDX at 92.1 with 220 lots, 1:200 leverage on 01Sept @16:00 GMT+3
—Profit/Loss in SELL EURUSD and SELL USDX from 01 SEPT TO 4 SEPT
SELL USDX
220lot@92.1 – 93.0=0.9 Points
Loss Booked = 0.9points x $2200=$1980
SELL EURUSD
1.7lot@1.1940- 1.1840=100pips
Profit Booked = 100 PIPS x $17=$1700
Overall profit = -$1980 + $1700 = -$280
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 – $4930 with 3signals and 290pips gain-Verify
USDX – $2200 with 2signals and 1points gain – Verify
»So, overall profit by trading with RRR=$2200(USDX)+$4930(EURUSD)=$7130
»While the profit by trading without Risk: Reward pattern and Level Trading=-$280
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