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 1897 with 1.5lot, 1:200 Leverage on 26 Oct 09:00GMT00
»Entry SELL GBPUSD at 1.3050 with 1.5 lot, 1:200 Leverage on 26 oct
@09:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 26 Oct to 30 Oct
BUY XAUUSD
1.5lot@1897-1885=12points
Loss booked = 12 x $150(1.5lots)=$1800
SELL GBPUSD
1.5lot@1.3020 – 1.3060=40 pips
Profit booked = 130 x $15(1.5lot)=$1950
Overall Profit=$1950 – $1800= $150
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 – $12600 with 5signals and 84points gain –Verify
GBPUSD – $7650 with 5signals and 510pips gain –Verify
While there was a loss by trading without RRR and Level Trading = $150
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