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 1508 with 1.5lot, 1:200 Leverage on 04Nov@08:00 GMT00
»Entry SELL GBPUSD at 1.2940 with 1.5 lot, 1:200 Leverage on 04Nov@08:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 04Nov to 07Nov
▪️BUY XAUUSD
1.5lot@1508-1486=22points loss
Loss Gained =22*$150(1.5Lots)=$3300
▪️SELL GBPUSD
1.5lot@1.2940-1.2790=150pips profit
Profit Gained = 150*$15(1.5lot)=$2250
Overall Loss=-$3300+$2250=$1050
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 – $7200 with 6signals and 48points gain– Verify
GBPUSD – $4200 with 4signals and 280pips gain – Verify
»So, overall profit by trading with RRR=$7200(XAUUSD)+$4200(GBPUSD)=$11400
»While Profit by trading without RRR=$3750
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