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 hold Signal against Hedged Signal
Without Risk: Reward Ratio and Level Trading
—Let’s say,
»Entry BUY XAUUSD at 1478 with 1.5lot, 1:200 Leverage on 23Dec@00:00 GMT00
»Entry SELL GBPUSD at 1.3010 with 1.5 lot, 1:200 Leverage on 23Dec@00:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 23Dec to 27Dec
▪️BUY XAUUSD
1.5lot@1478-1511=33points profit
Profit Gained =33 x $150(1.5lots)=$4950
▪️SELL GBPUSD
1.5lot@1.3010-1.2960=50pips profit
Profit booked =50 x $15(1.5lot)=$750
Overall Profit=$4950+$750=$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
With Risk: Reward Ratio& Level Trading
XAUUSD – $8400 with 5signals and 56points gain – Verify
GBPUSD – $2700 with 2signals and 180pips gain – Verify
»So, overall profit by trading with RRR=$8400(XAUUSD)+$2700(GBPUSD)=$11100
»While the profit by trading without RRR and Level Trading = $5700
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