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 1414 with 1.5lot, 1:200 Leverage on 23 July @05:00 GMT00
»Entry SELL GBPUSD at 1.2440 with 1.5 lot, 1:200 leverage on 23 July @05:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 23 July to 25 July
▪️BUY XAUUSD
1.5lot@1414-1433=19points profit
Profit Gained =19*$150(1.5Lots)=$2850
▪️SELL GBPUSD
1.5lot@1.2440-1.2480=40pips Loss
Loss Gained = 40*$15(1.5lot)=$600
Overall Profit=$2850-$600=$2250
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 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 – $6750 with 3signals and 45Points gain – Verify
GBPUSD – $3450 with 3 signals and 230pips gain–Verify
»So, overall profit by trading with RRR=$3450(GBPUSD)+$6750(XAUUSD)=$10200
»While Profit by trading without RRR=$2250
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