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 hold Signal against Hedged Signal
Without Risk: Reward Ratio and Level Trading
—Let’s say,
»Entry BUY XAUUSD at 1570 with 1.5lot, 1:200 Leverage on 07Jan@08:00 GMT00
»Entry SELL GBPUSD at 1.3210 with 1.5 lot, 1:200 Leverage on 07Jan@08:00 GMT00
—Profit/Loss in BUY XAUUSD and SELL GBPUSD from 07Jan to 10Jan
▪️BUY XAUUSD
1.5lot@1570-1560=10points loss
Loss booked = 10 x $150(1.5lots)=$1500
▪️SELL GBPUSD
1.5lot@1.3210-1.3040=170pips profit
Profit booked = 170 x $15(1.5lot)=$2550
Overall Profit=$2550-$1500=$1050
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 – $28500 with 13signals and 190points gain – Verify
GBPUSD – $7350 with 6signals and 490pips gain – Verify
»So, overall profit by trading with RRR=$28500(XAUUSD)+$7350(GBPUSD)=$35850
»While the profit by trading without RRR and Level Trading = $1050
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