There can be Two hedging
1 » without RiskReward Ratio
2 » with RiskReward Ratio (as we do)
Without Risk: Reward Ratio and Level Trading
—Let’s say,
»Entry BUY XAUUSD at 1457 with 1.5lot, 1:200 Leverage on 18Nov@10:00 GMT00
»Entry SELL GBPUSD at 1.2990 with 1.5 lot, 1:200 Leverage on 18Nov@10:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 18Nov to 22Nov
▪️BUY XAUUSD
1.5lot@1457-1473=16points profit
Profit Gained =16*$150(1.5Lots)=$2400
▪️SELL GBPUSD
1.5lot@1.2990-1.2870=120pips profit
Profit Gained = 120*$15(1.5lot)=$1800
Overall Profit=$2400+$1800=$4200
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 – $9750 with 6signals and 65points gain– Verify
GBPUSD – $5100 with 5signals and 340pips gain – Verify
»So, overall profit by trading with RRR=$9750(XAUUSD)+$5100(GBPUSD)=$14850
»While the profit by trading without RRR and Level Trading = $4200
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