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 1743 with 1.5lot, 1:200 Leverage on 22June @07:00GMT00
»Entry SELL GBPUSD at 1.2425 with 1.5 lot, 1:200 Leverage on 22June @22:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 22June to 26June
BUY XAUUSD
1.5lot@1743 – 1768=25 points
Profit booked = 25 x $150(1.5lots)=$3750
SELL GBPUSD
1.5lot@1.2425 – 1.2320= 105pips GAIN
PROFIT booked = 105 x $15(1.5lot)=$1575
Overall Profit=$3750 + $1575= $5325
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 – $13950 with 5signals and 93points gain –Verify
GBPUSD – $4800 with 3signals and 325pips gain – Verify
»So, overall profit by trading with RRR=$13950(XAUUSD)+$4800(GBPUSD)=$18750
While there was a loss by trading without RRR and Level Trading = $5325
WHERE TO CONTACT US
Website:https://forextrade1.co/
Twitter : www.twitter.com/forextrade11
Telegram: telegram.me/ftrade1
Facebook: www.facebook.com/Forextrade01
Instagram: www.instagram.com/forextrade1
YouTube: www.youtube.com/ForexTrade1
Skype: forextrade01@outlook.com
Email ID: info@forextrade1.com