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 1483 with 1.5lot, 1:200 Leverage on 29Oct@13:00 GMT00
»Entry SELL GBPUSD at 1.2870 with 1.5 lot, 1:200 Leverage on 29Oct@13:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 29Oct to 31Oct
▪️BUY XAUUSD
1.5lot@1483-1514=31points profit
Profit Gained =31*$150(1.5Lots)=$4650
▪️SELL GBPUSD
1.5lot@1.2870-1.2920=20pips Loss
Loss Gained = 50*$15(1.5lot)=$750
Overall Profit=$4650-$750=$3900
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 – $9000 with 5signals and 60Points gain – Verify
GBPUSD – $5100 with 5signals and 340pips gain–Verify
»So, overall profit by trading with RRR=$9000(XAUUSD)+$5100(GBPUSD)=$14100
»While Profit by trading without RRR=$3750
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