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
Without Risk: Reward Ratio and Level Trading
—Let’s say,
»Entry BUY XAUUSD at 1487 with 1.5lot, 1:200 Leverage on 7Oct@17:00 GMT00
»Entry SELL GBPUSD at 1.2320 with 1.5 lot, 1:200 Leverage on 7Oct@017:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 07Oct to 10Oct
▪️BUY XAUUSD
1.5lot@1487-1509=22points profit
Profit Gained =22*$150(1.5Lots)=$3300
▪️SELL GBPUSD
1.5lot@1.2320-1.2220=100pips gain
Profit Gained = 100*$15(1.5lot)=$1500
Overall Profit=$3300+$1500=$4800
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
XAUUSD – $12750 with 6signals and 85Points gain – Verify
GBPUSD – $4650 with 4signals and 310pips gain–Verify
»So, overall profit by trading with RRR=$12750(XAUUSD)+$4650(GBPUSD)=$17400
While Profit by trading without RRR=$4800
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