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 1.0810 with 1.7lot, 1:200 Leverage on 06April@08:00 GMT00
»Entry SELL USDX at 100.9 with 220 lots, 1:200 leverage on 06April @11:00 GMT+3
—Profit/Loss in SELL EURUSD and SELL USDX from 06 April TO 09 April
SELL USDX
220lot@100.9-99.2=1.7 Points gain
Profit Booked = 1.7 x $2200=$3740
SELL EURUSD
1.7lot@1.0810-1.0950=140pips loss
Loss Booked = 140 x $17=$2380
Overall profit=$3740-$2380=$1360
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 – $3740 with 4signals and 220pips gain- Verify
USDX – $7040 with 4signals and 3.2points gain – Verify
»So, overall profit by trading with RRR=$7040(USDX)+$3740 (EURUSD)=$10780
»While the profit by trading without Risk: Reward pattern and Level Trading=$1360
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