There can be Two hedging
1 » without RiskReward Ratio
2 » with RiskReward Ratio (as we do)
Without Risk: Reward Ratio and Level Trading
—Let’s say,
»Entry BUY XAUUSD at 1454 with 1.5lot, 1:200 Leverage on 27Nov@23:00 GMT00
»Entry SELL GBPUSD at 1.2950 with 1.5 lot, 1:200 Leverage on 27Nov@23:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 27Nov to 29Nov
▪️BUY XAUUSD
1.5lot@1454-1457=3points profit
Profit Gained =3*$150(1.5Lots)=$450
▪️SELL GBPUSD
1.5lot@1.2950-1.2880=70pips profit
Profit Gained = 70*$15(1.5lot)=$1050
Overall Profit=$450+$1050=$1500
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 – $3450 with 6signals and 23points gain– Verify
GBPUSD – $2100 with 5signals and 140pips gain – Verify
»So, overall profit by trading with RRR=$3450(XAUUSD)+$2100(GBPUSD)=$5550
»While the profit by trading without RRR and Level Trading = $1500
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