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
Without Risk: Reward Ratio and Level Trading
—Let’s say,
»Entry BUY XAUUSD at 1578 with 1.5lot, 1:200 Leverage on 17Feb@08:00 GMT00
»Entry SELL GBPUSD at 1.3050 with 1.5 lot, 1:200 Leverage on 17Feb@08:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 17Feb to 21Feb
▪️BUY XAUUSD
1.5lot@1578-1636=58points Profit
Profit booked = 58 x $150(1.5lots)=$8700
▪️SELL GBPUSD
1.5lot@1.3050-1.2880=170pips profit
Profit booked = 170 x $15(1.5lot)=$2550
Overall Profit=$8700+$2550=$11250
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 – $14250 with 5signals and 95points gain – Verify
GBPUSD – $5700 with 5signals and 380pips gain – Verify
»So, overall profit by trading with RRR=$14250(XAUUSD)+$5700(GBPUSD)=$19950
»While the profit by trading without RRR and Level Trading = $11250
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