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 BUY USDCAD at 1.2830 with 2lot, 1:200 Leverage on 28 Dec @15:00 GMT00
»Entry BUY AUDUSD at 0.7550 with 3 lot, 1:200 leverage on 28 Dec @15:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 28 Dec to 31 Dec
BUY AUDUSD
3lot@0.7550-0.7740=190 pips
Profit Booked =190*$30(3Lot)=$5700
BUY USDCAD
2lot@1.2830 – 1.2750=80Pips
Loss Booked = 80*$16(2Lot)= $1280
Overall profit =-$1280 – $5700 = $4420
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 keep both positions open at the same time using Proper Risk Reward Pattern and LEVEL
—BUY USDCAD when we BUY AUDUSD USING 20 pips STOP LOSS in each
We entered USDCAD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >>CLICK ME
At, the same time, we Entered AUDUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME
USDCAD – $2720 with 3signals and 170pips gain-Verify
AUDUSD – $5400 with 4signals and 180pips gain-Verify
»So, overall profit by trading with Risk: Reward Ratio(RRR) & Level Trading=$2720(USDCAD)+$5400(AUDUSD)=$8120
»While the profit by trading without Risk: Reward Ratio(RRR) and Level Trading=$4420
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