There can be Two hedging
1 » without Risk: Reward 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
—Let’s say,
»Entry BUY XAUUSD at 1488 with 1.5lot, 1:200 Leverage on 15Sept@22:00 GMT00
»Entry SELL GBPUSD at 1.249 with 1.5 lot, 1:200 Leverage on 15Sept@22:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 15Sept to 18Sept
▪️BUY XAUUSD
1.5lot@1488-1512=23points profit
Profit Gained =23*$150(1.5Lots)=$3450
▪️SELL GBPUSD
1.5lot@1.2490-1.2480=10pips Profit
Profit Gained = 10*$15(1.5lot)=$150
Overall Profit=$3450+$150=$3500
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 – $7800 with 3signals and 52Points gain – Verify
GBPUSD – $4050 with 4signals and 270pips gain–Verify
»So, overall profit by trading with RRR=$7800(XAUUSD)+$4050(GBPUSD)=$11850
»While Profit by trading without RRR=$3500
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