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 hold Signal against Hedged Signal
—Let’s say,
»Entry BUY XAUUSD at 1388 with 1.5lot, 1:200 Leverage on 08uly @11: 00 AM GMT00
»Entry SELL GBPUSD at 1.2440 with 1.5 lot, 1:200 leverage on 08uly @11:00AM GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 08 July to 11 July
▪️BUY XAUUSD
1.5lot@1388-1422=34points profit
Profit Gained =34*$150(1.5Lots)=$5100
▪️SELL GBPUSD
1.5lot@1.2440-1.2550=110pips Profit
Loss Gained = 110*$15(1.5lot)=$1650
Overall Profit=$5100-$1650=$3450
Hedging as per ForexTarde1 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 to 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
XAUUSD – $10800 with 4signals and 72Points gain – Verify
GBPUSD – $2700 with 3signals and 180pips gain – Verify
»So, overall profit by trading with RRR=$2700(GBPUSD)+$10800(XAUUSD)=$13500
»While Profit by trading without RRR=$3450
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