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
Without Risk: Reward Ratio& Level Trading
—Let’s say,
»Entry BUY XAUUSD at 1522 with 1.5lot, 1:200 Leverage on 24Sept@13:00 GMT00
»Entry SELL GBPUSD at 1.2500 with 1.5 lot, 1:200 Leverage on 24Sept@13:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 24Sept to 27Sept
▪️BUY XAUUSD
1.5lot@1522-1499=23points Loss
Loss Gained =23*$150(1.5Lots)=$3450
▪️SELL GBPUSD
1.5lot@1.2500-1.2270=230pips Profit
Profit Gained = 230*$15(1.5lot)=$3450
Overall No Profit/Loss=-$3450+$3450=$00
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 – $9600 with 5signals and 64Points gain – Verify
GBPUSD – $6900 with 5signals and 460pips gain–Verify
»So, overall profit by trading with RRR=$9600(XAUUSD)+$6900(GBPUSD)=$16500
»While there was no Profit/Loss by trading without RRR=$00
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