There can be Two hedging
1 » without RiskReward Ratio
2 » with RiskReward Ratio (as we do)
Hedging as per ForexTrade1 as per Risk: Reward Ratio(RRR) and Level Trading
—Let’s say,
»Entry BUY XAUUSD at 1519 with 1.5lot, 1:200 Leverage on 02Sept@07:00 GMT00
»Entry SELL GBPUSD at 1.212 with 1.5 lot, 1:200 Leverage on 02Sept@07:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 02Sept to 05Sept
▪️BUY XAUUSD
1.5lot@1519-1548=29points profit
Profit Gained =29*$150(1.5Lots)=$4350
▪️SELL GBPUSD
1.5lot@1.2120-1.2220=100pips Loss
Loss Gained = 100*$15(1.5lot)=$1500
Overall Profit=$4350-$1500=$2850
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 to 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 – $12150 with 4signals and 81Points gain – Verify
GBPUSD – $5400 with 4signals and 360pips gain–Verify
»So, overall profit by trading with RRR=$12150(XAUUSD)+$5400(GBPUSD)=$17550
»While Profit by trading without RRR and Level Trading=$2850
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