here 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 1807 with 1.5lot, 1:200 Leverage on 08 Feb 08:00GMT00
»Entry SELL GBPUSD at 1.3740 with 1.5 lot, 1:200 Leverage on 08 Feb
@08:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 08 Feb to 12 Feb
BUY XAUUSD
1.5lot@1807 -1830=23points
Profit booked = 23 x $150(1.5lots)=$3450
SELL GBPUSD
1.5lot@1.3740 – 1.3810=70 pips
Loss booked = 70 x $15(1.5lot)= $1050
Overall Profit=$3450 – $1050= $2400
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 – $12750 with 4signals and 85points gain –Verify
GBPUSD – $2700 with 3Signals and 180pips gain –Verify
While there was a loss by trading without RRR and Level Trading = $2400
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