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
Risk Reward Ratio(RRR) and Levels and hold Signal against Hedged Signal
—Let’s say,
»Entry BUY XAUUSD at 1929 with 1.5lot, 1:200 Leverage on 06 SEPT 22:00GMT00
»Entry SELL GBPUSD at 1.3260 with 1.5 lot, 1:200 Leverage on 06 SEPT @22:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 06Sept to 11 Sept
BUY XAUUSD
1.5lot@1929-1955=26points
Profit booked = 26 x $150(1.5lots)=$3900
SELL GBPUSD
1.5lot@1.3260 – 1.2770=490pips
Profit booked = 490 x $15(1.5lot)=$7350
Overall Profit=$3900 + $7350= $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
XAUUSD – $18300 with 6signals and 122points gain –Verify
GBPUSD – $12450 with 6signals and 830pips gain –Verify
»So, overall profit by trading with RRR=$18300(XAUUSD)+$12450(GBPUSD)=$30750
While there was a loss by trading without RRR and Level Trading = $11250
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