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 BUY XAUUSD at 1880 with 1.5lot, 1:200 Leverage on 21 DEC 23:00GMT00
»Entry SELL GBPUSD at 1.3440 with 1.5 lot, 1:200 Leverage on 21 DEC
@23:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 21 Dec to 24 Dec
BUY XAUUSD
1.5lot@1880 -1880=00points
Profit booked = 00 x $150(1.5lots)=$00
SELL GBPUSD
1.5lot@1.3440 – 1.3530=90 pips
Loss booked = 90 x $15(1.5lot)= $1350
Overall Profit=$00 – $1350=- $1350
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 – $9450 with 4signals and 63points gain –Verify
GBPUSD – $6450 with 3signals and 430pips gain –Verify
While there was a loss by trading without RRR and Level Trading = –$1350
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