Wolf Trading Strategy XAUUSD Only

Quoting dummytt

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{quote} Asia opens at 01:00 in my broker time. It corresponds to 22:00 for UTC+0. My current time is 13:54 (UTC+3). I am usually at sleep at Asia session and hence my plan is to make automatic opening of both buy and sell hedge position at a spesific time. Thats why I am asking the exact time.

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Quoting BellPepper

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{quote} So you don't necessarily wait for the NY to open?

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Quoting pipin tio

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is there any documented trading strategy for this system? Like how the opened position or floating (profit and loss) are held to certain point. The Regional Market based is sometimes worked but this system is based on the fluctuation of the timing and action price with no trigger and clear continuation (limit to up or down, which is important for cut loss or taking profit).

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Quoting bdsilvano

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See this move???? I think thats the LOW of the Day. {image}

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Quoting bdsilvano

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See this move???? I think thats the LOW of the Day. {image}

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Quoting bdsilvano

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{quote} usually 1 HR before NY open, it gives where is the direction, smart money knows this. they place order 1 hr before the session to open. sometimes the Signal appear 1 hr Before or 1 Hr after NY Opens. as for me, ive seen london is already fighting for the flooring, so I know they are accumulating to counter on the otherside of the move.

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Quoting bdsilvano

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{quote} remember this time people,,, this is the time to remove your positive, and goes onto your drawdown. every night its like this.

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Quoting bdsilvano

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{quote} remember this time people,,, this is the time to remove your positive, and goes onto your drawdown. every night its like this.

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Quoting metawolf

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{quote} Remove all positive?? If you are gonna remove 2 positve positions should you add two extra positions to help combat said drawdown?

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Quoting bdsilvano

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{quote} its your call, or you can wait for your drawdown, to be green or at least BE, no need to readd. i think thats more safer. sometimes I am doing this as well.

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Quoting bdsilvano

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See this move???? I think thats the LOW of the Day. {image}

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Quoting BearWithMe

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I got a buy position at 4518 (sell at 4518 collected the green)and put two buy position at 4423 is this the right way?

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Quoting bdsilvano

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{quote} 1 BUY is enough, we are thinking drawdown too, if we are wrong. as of now, I am still good to go, I am watching low from asia and london, NY cannot pass more than that low. otherise i rehedge.

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Quoting metawolf

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{quote} My logic is it might be safer, as the only thing separating you and BE is time. Adding more positions might speed up the process OR price COULD reverse on you allowing for even greater draw down, but you could also take more green adding the extra postions to combat draw down. Again patience is our best friend here. I guess thats why im paper trading to dial in the system fully.

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Quoting BearWithMe

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I got a buy position at 4518 (sell at 4518 collected the green)and put two buy position at 4423 is this the right way?

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Quoting bdsilvano

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{quote} 1 BUY is enough, we are thinking drawdown too, if we are wrong. as of now, I am still good to go, I am watching low from asia and london, NY cannot pass more than that low. otherise i rehedge.

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