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 1873 with 1.5lot, 1:200 Leverage on 02 Nov 01:00GMT00
»Entry SELL GBPUSD at 1.2930 with 1.5 lot, 1:200 Leverage on 02 Nov
@01:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 02 Nov to 6 Nov
BUY XAUUSD
1.5lot@1873-1960=87points
Profit booked = 87 x $150(1.5lots)=$13050
SELL GBPUSD
1.5lot@1.2930 – 1.3090=160 pips
Loss booked = 160 x $15(1.5lot)=$2400
Overall Profit=$13050 – $2400= $10650
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 – $22200 with 6signals and 148points gain –Verify
GBPUSD – $5400 with 5signals and 360pips gain –Verify
While there was a loss by trading without RRR and Level Trading = $10650
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