Hedging to eliminaet risk
Hedging has become a widely used risk management technique in the forex market. Since forex is a highly competitive market place each trader here has to utilize proper risk management techniques like stop loss, trail stop, take profit or hedging. In case of hedging, trader takes simultaneous buying and selling position on a currency pair so that he can ultimately eliminate all the risk due to price changes. My broker AAFX allows me a proper hedging so that I can free from unwanted risk.