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
Risk Reward Ratio(RRR) and Levels and hold Signal against Hedged Signal
—Let’s say,
»Entry BUY XAUUSD at 1857 with 1.5lot, 1:200 Leverage on 01 Feb 05:00GMT00
»Entry SELL GBPUSD at 1.3760 with 1.5 lot, 1:200 Leverage on 01 Feb
@05:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 01 Feb to 05 Feb
BUY XAUUSD
1.5lot@1857 -1814=43points
Loss booked = 43 x $150(1.5lots)=-$6450
SELL GBPUSD
1.5lot@1.3760 – 1.3730=30 pips
Profit booked = 30 x $15(1.5lot)= $450
Overall Profit=$450 – $6450= – $6000
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
XAUUSD – $14250 with 7signals and 95points gain –Verify
GBPUSD – $5400 with 5Signals and 360pips gain –Verify
While there was a loss by trading without RRR and Level Trading = -$6000
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