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 1851 with 1.5lot, 1:200 Leverage on 28 SEPT 10:00GMT00
»Entry SELL GBPUSD at 1.2910 with 1.5 lot, 1:200 Leverage on 28 SEPT @10:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 28Sept to 02 Oct
BUY XAUUSD
1.5lot@1851-1916=65points
Profit booked = 65 x $150(1.5lots)=-$9750
SELL GBPUSD
1.5lot@1.2910 – 1.2860=50pips
Profit booked = 50 x $15(1.5lot)=$750
Overall Profit=$750 + $9750= $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
XAUUSD – $189000 with 6signals and 126points gain –Verify
GBPUSD – $8100 with 6signals and 540pips gain –Verify
While there was a loss by trading without RRR and Level Trading = $10500
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