here can be Two hedging
1 » without Risk Reward Ratio
2 » with Risk Reward Ratio (as we do)
1st Type of Hedging where you don’t follow
Risk Reward Ratio(RRR) and Levels and hold Signal against Hedged Signal
Without Risk: Reward Ratio and Level Trading
—Let’s say,
»Entry BUY XAUUSD at 1722 with 1.5lot, 1:200 Leverage on 15th Mar 08:00 GMT00
»Entry SELL GBPUSD at 1.3950 with 1.5 lot, 1:200 Leverage on 25th Mar 23:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 15th Mar to 19th Mar
BUY XAUUSD
1.5lot@1722 – 1740=18 points
Profit booked = 18 x $150(1.5lots)=$2700
SELL GBPUSD
1.5lot@1.3950 – 1.3840 = 110 pips
Profit booked = 110 x $15(1.5lot)= $1650
Overall Profit=$2700 + $1650 = $4350
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
BUY_XAUUSD $15150 with 8signals and 101points gain –Verify
SELL_GBPUSD $6300 with 4Signals and 420pips gain –Verify
If you are trading without RRR and level trading, then your profit is less, which is $4350, and if you followed RRR and level trading, then profit is $4350
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