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 29July@13:00 GMT00
»Entry SELL GBPUSD at 1.2270 with 1.5 lot, 1:200 leverage on 29July@13:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 29 July to 01 August
▪️BUY XAUUSD
1.5lot@1414-1450=36points profit
Profit Gained =36*$150(1.5Lots)=$5400
▪️SELL GBPUSD
1.5lot@1.2270-1.2110=160pips Profit
Profit Gained = 160*$15(1.5lot)=$2400
Overall Profit=$5400+$2400=$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 – $21000 with 8signals and 140Points gain – Verify
GBPUSD – $10800 with 8signals and 210pips gain–Verify
»So, overall profit by trading with RRR=$10800(GBPUSD)+$21000(XAUUSD)=$31800
»While Profit by trading without RRR=$7800
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