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 1574 with 1.5lot, 1:200 Leverage on 31MAR@20:00 GMT00
»Entry SELL GBPUSD at 1.2430 with 1.5 lot, 1:200 Leverage on 31MAR@20:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 31mar to 3 April
BUY XAUUSD
1.5lot@1574-1621= 47 points gain
Profit booked = 47 x $150(1.5lots)=$7050
SELL GBPUSD
1.5lot@1.2430-1.2200= 230pips profit
Profit booked = 230 x $15(1.5lot)=$3450
Overall Profit=$7050+$3450=$10500
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 – $11700 with 3signals and 78points gain – Verify
GBPUSD – $4350 with 3signals and 290pips gain – Verify
»So, overall profit by trading with RRR=$11700(XAUUSD)+$4350(GBPUSD)=$16050
»While the profit by trading without RRR and Level Trading = $10500
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