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
Risk Reward Ratio(RRR) and Levels and hold Signal against Hedged Signal
—Let’s say,
»Entry BUY XAUUSD at 1822 with 1.5lot, 1:200 Leverage on 07 DEC 08:00GMT00
»Entry SELL GBPUSD at 1.3380 with 1.5 lot, 1:200 Leverage on 07 DEC
@08:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 07 Dec to 21 Dec
BUY XAUUSD
1.5lot@1822 -1843=21points
Profit booked = 21x $150(1.5lots)=$3150
SELL GBPUSD
1.5lot@1.3380 – 1.3170=210 pips
Profit booked = 210 x $15(1.5lot)=$3150
Overall Profit=$3150 + $3150= $6300
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 XAUUSD when we SELL GBPUSD USING 20 pips STOP LOSS in GBPUSD and 5points Stop Loss in XAUUSD
We Entered XAUUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME
At the same time, we entered GBPUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >>CLICK ME
XAUUSD – $19500 with 7signals and 130points gain –Verify
GBPUSD – $13200 with 6signals and 880pips gain –Verify
While there was a loss by trading without RRR and Level Trading = $6300
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