here 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 1816 with 1.5lot, 1:200 Leverage on 15 Feb 14:00GMT00
»Entry SELL GBPUSD at 1.3910 with 1.5 lot, 1:200 Leverage on 15 Feb
@14:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 14 Feb to 16 Feb
BUY XAUUSD
1.5lot@1816 -1788=28 points
Loss booked = 28 x $150(1.5lots)=-$4200
SELL GBPUSD
1.5lot@1.3910 – 1.4010=100 pips
Loss booked = 100 x $15(1.5lot)= -$1500
Overall Profit=-$4200 – $1500= -$5700
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 – $13200 with 5signals and 88points gain –Verify
GBPUSD – $3750 with 4Signals and 250pips gain –Verify
While there was a loss by trading without RRR and Level Trading = -$5700
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