There can be Two hedging
1 » without Risk: Reward 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 1487 with 1.5lot, 1:200 Leverage on 10Sept@67:00 GMT00
»Entry SELL GBPUSD at 1.238 with 1.5 lot, 1:200 Leverage on 10Sept@06:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 10Sept to 12Sept
▪️BUY XAUUSD
1.5lot@1487-1524=37points profit
Profit Gained =37*$150(1.5Lots)=$5550
▪️SELL GBPUSD
1.5lot@1.2380-1.2280=100pips Loss
Loss Gained = 100*$15(1.5lot)=$1500
Overall Profit=$5550-$1500=$7050
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 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 – $9750 with 3signals and 65Points gain – Verify
GBPUSD – $3600 with 4signals and 240pips gain–Verify
»So, overall profit by trading with RRR=$9750(XAUUSD)+$3600(GBPUSD)=$13350
»While Profit by trading without RRR=$7050
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