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 1765 with 1.5lot, 1:200 Leverage on 30 Nov 12:00GMT00
»Entry SELL GBPUSD at 1.3360 with 1.5 lot, 1:200 Leverage on 30 Nov
@12:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 30 Nov to 04 Dec
BUY XAUUSD
1.5lot@1765-1844=79points
Loss booked = 79 x $150(1.5lots)=$11850
SELL GBPUSD
1.5lot@1.3360 – 1.3420=60 pips
Profit booked = 60 x $15(1.5lot)=$900
Overall Profit=$11850 – $900= $10950
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 – $18450 with 6signals and 123points gain –Verify
GBPUSD – $7350 with 6signals and 490pips gain –Verify
While there was a loss by trading without RRR and Level Trading = $10950
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