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 SELL EURUSD at 1.1930 with 1.7lot, 1:200 Leverage on 8th Mar @02:00 GMT00
»Entry SELL USDX at 92.1 with 220 lots, 1:200 Leverage on 8th Mar @04:00 GMT+2
—Profit/Loss in SELL EURUSD and SELL USDX from 8th Mar to 12th Mar
SELL USDX
220lot@ 92.1-91.7 =0.4 Points
Loss Booked = 0.4 points x $2200= $880
SELL EURUSD
1.7lot@1.1930 – 1.1930 =00pips
Profit Booked = 00 PIPS x $17=$00
Overall profit /Loss = $880 + $00= $880
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
SELL_EURUSD $3570 WITH 4 SIGNAL AND 210PIPS GAIN –Verify
SELL_USDX $4620 WITH 4 SIGNALS AND 2.1POINTS GAIN – Verify
If you are trading without RRR and level trading, then your profit is less, which is $880, and if you followed RRR and level trading, then profit is $8190
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