There can be Two hedging
1 » without RiskReward Ratio
2 » with RiskReward Ratio (as we do)
Hedging as per ForexTrade1 as per Risk: Reward Ratio(RRR) and Level Trading
—Let’s say,
»Entry BUY XAUUSD at 1460 with 1.5lot, 1:200 Leverage on 06August@09:00 GMT00
»Entry SELL GBPUSD at 1.2210 with 1.5 lot, 1:200 leverage on 06August@09:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 06 August to 08 August
▪️BUY XAUUSD
1.5lot@1460-1500=40points profit
Profit Gained =40*$150(1.5Lots)=$6000
▪️SELL GBPUSD
1.5lot@1.2210-1.2090=120pips Profit
Profit Gained = 120*$15(1.5lot)=$1800
Overall Profit=$6000+$1800=$7800
Hedging as per ForexTrade1 as per 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 GBPUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME
▪️At the same time, we entered XAUUSD
Check our ALL Entry – EXIT – SL/TP details in below link
Verify HERE >> CLICK ME
With Risk: Reward Ratio
XAUUSD – $17100 with 5signals and 114Points gain – Verify
GBPUSD – $4200 with 4signals and 280pips gain–Verify
»So, overall profit by trading with RRR=$4200(GBPUSD)+$17100(XAUUSD)=$21300
»While Profit by trading without RRR=$7800
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