There can be Two hedging
1 » without RiskReward Ratio
2 » with RiskReward Ratio (as we do)
1st Type of Hedging where you don’t follow
RiskReward Ratio(RRR) and Levels and hold Signal against Hedged Signal
—Let’s say,
»Entry BUY XAUUSD at 1715 with 1.5lot, 1:200 Leverage on 27April@06:00 GMT00
»Entry SELL GBPUSD at 1.2450 with 1.5 lot, 1:200 Leverage on 27April@06:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 27April to 01May
BUY XAUUSD
1.5lot@1715 – 1703 = 9 points loss
Loss booked = 9 x $150(1.5lots)=$1800
SELL GBPUSD
1.5lot@1.2450 – 1.2480 = 30pips loss
Loss booked = 30 x $15(1.5lot)=$450
Overall Loss=$450 + $1800=$2250
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
With Risk: Reward Ratio& Level Trading
XAUUSD – $13350 with 5signals and 89points gain – Verify
GBPUSD – $6900 with 5signals and 460pips gain – Verify
»So, overall profit by trading with RRR=$13350(XAUUSD)+$6900(GBPUSD)=$20250
»While there was a loss by trading without RRR and Level Trading = $11550
WHERE TO CONTACT US
Website:https://forextrade1.co/
Twitter : www.twitter.com/forextrade11
Telegram: telegram.me/ftrade1
Facebook: www.facebook.com/Forextrade01
Instagram: www.instagram.com/forextrade1
YouTube: www.youtube.com/ForexTrade1
Skype: forextrade01@outlook.com
Email ID: info@forextrade1.com