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 1.0660 with 1.7lot, 1:200 Leverage on 23MAR@11:00 GMT00
»Entry SELL USDX at 103.6 with 220 lots, 1:200 leverage on 23MAR @14:00 GMT+3
—Profit/Loss in SELL EURUSD and SELL USDX from 23MAR TO 27MAR
SELL USDX
220lot@103.6-98.4=5.2 Points Gain
Profit Booked = 5.2 x $2200=$11440
SELL EURUSD
1.7lot@1.0660-1.1100=440pips Loss
Loss Booked = 440 x $17=$7480
Overall profit=$11440-$7480=$3960
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
With Risk: Reward Ratio& Level Trading
EURUSD – $4760 with 4signals and 280pips gain- Verify
USDX – $17600 with 5signals and 8points gain – Verify
»So, overall profit by trading with RRR=$17600(USDX)+$4760 (EURUSD)=$22360
»While the profit by trading without Risk: Reward pattern and Level Trading=$3960
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