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
Without Risk: Reward Ratio and Level Trading
—Let’s say,
»Entry BUY XAUUSD at 1562 with 1.5lot, 1:200 Leverage on 11Feb@15:00 GMT00
»Entry SELL GBPUSD at 1.2970 with 1.5 lot, 1:200 Leverage on 11Feb@15:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 10Feb to 14Feb
▪️BUY XAUUSD
1.5lot@1562-1582=20points Profit
Profit booked = 20 x $150(1.5lots)=$3000
▪️SELL GBPUSD
1.5lot@1.3050-1.2970=60pips profit
Loss booked = 60 x $15(1.5lot)=$900
Overall Profit=$3000+$900=$2100
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
With Risk: Reward Ratio& Level Trading
XAUUSD – $8850 with 6signals and 59points gain – Verify
GBPUSD – $2850 with 4signals and 190pips gain – Verify
»So, overall profit by trading with RRR=$8850(XAUUSD)+$2850(GBPUSD)=$11700
»While the profit by trading without RRR and Level Trading = $2100
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