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 1.2680 with 2lot, 1:200 Leverage on 28 Feb @ 11:00 GMT00
»Entry BUY AUDUSD at 0.7720 with 3 lot, 1:200 leverage on 28 Feb @ 11:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 1 Mar. to 5 Mar.
BUY AUDUSD
3lot @0.7720 – 0.7670 = 50 pips
Loss Booked =50*$30(3Lot)=$1500
BUY USDCAD
2lot @1.2680 – 1.2740 = 60Pips
Profit Booked = 60*$16(2Lot)= $960
Overall profit/Loss =-$1600 – (-$960) = -$640
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
AUDUSD – $8400 with 5signals and 280pips gain –Verify
USDCAD – $4800 with 3Signals and 300pips gain –Verify
While there was a loss by trading without RRR and Level Trading = $3600
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