There can be Two hedging
1 » without Risk Reward Ratio
2 » with Risk Reward Ratio (as we do)
1st Type of Hedging where you don’t follow
Risk Reward Ratio(RRR) and Levels and hold Signal against Hedged Signal
Without Risk: Reward Ratio and Level Trading
—Let’s say,
»Entry BUY USDCAD at 1.2490 with 2lot, 1:200 Leverage on 22 Mar @ 08:00 GMT00
»Entry BUY AUDUSD at 0.7710 with 3 lot, 1:200 leverage on 22 Mar @ 08:00 GMT00
—Profit/Loss in BUY USDCAD and BUY AUDUSD from 22 Mar to 26 Mar
BUY AUDUSD
3lot@0.7710-0.7640=70 pips
Loss Booked =70*$30(3Lot)= -$2100
BUY USDCAD
2lot@1.2490 – 1.2600=110Pips
Profit Booked = 110*$16(2Lot)= $3520
Overall profit/Loss =$3520 – $2100 = $1420
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
BUY_AUDUSD $5400 with 3 Signals and 180pips gain –Verify
BUY_USDCAD $3200 with 3 Signals and 200pips gain –Verify
If you are trading without RRR and level trading, then your profit is less, which is $1420, and if you followed RRR and level trading, then profit is $1420
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