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 1888 with 1.5lot, 1:200 Leverage on 28 DEC 05:00GMT00
»Entry SELL GBPUSD at 1.3570 with 1.5 lot, 1:200 Leverage on 28 DEC
@05:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 28 Dec to 31 Dec
BUY XAUUSD
1.5lot@1888 -1900=12points
Profit booked = 12 x $150(1.5lots)=$1800
SELL GBPUSD
1.5lot@1.3570 – 1.3630=60 pips
Loss booked = 60 x $15(1.5lot)= $900
Overall Profit=$1800 – $900= $900
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 – $11100 with 4signals and 74points gain –Verify
GBPUSD – $600 with 6signals and 400pips gain –Verify
While there was a loss by trading without RRR and Level Trading = $900
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