Wolf Trading Strategy XAUUSD Only | Page 184 | Metals Mine

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Wolf Trading Strategy XAUUSD Only

  • #3,661
  • Jun 18, 7:32am (2 hr 16 min ago) Jun 18, 7:32am (2 hr 16 min ago)
Quoting Wolfgang7
How do you consider the zone is taken out Mystic? When you rehadged. By the candle going in wrong direction or by the support being breached with the whole candle or something else?
Sorry misunderstood your question..

yes with the close of the next candle.. if it closes on the wrong side i rehedge, if it closes only by a little on the wrong side I leave it and watch the candle after how it behaves.
Trade what you see, not what you think
  • #3,662
  • Jun 18, 7:57am (1 hr 51 min ago) Jun 18, 7:57am (1 hr 51 min ago)
Quoting MysticJ
{quote} Sorry misunderstood your question.. yes with the close of the next candle.. if it closes on the wrong side i rehedge, if it closes only by a little on the wrong side I leave it and watch the candle after how it behaves.
thanks
  • #3,663
  • Jun 18, 8:12am (1 hr 35 min ago) Jun 18, 8:12am (1 hr 35 min ago)
Quoting MysticJ
{quote} Sorry misunderstood your question.. yes with the close of the next candle.. if it closes on the wrong side i rehedge, if it closes only by a little on the wrong side I leave it and watch the candle after how it behaves.
What time frame do you use for this? 5M?
  • #3,664
  • Last Post: Jun 18, 8:15am (1 hr 33 min ago) Jun 18, 8:15am (1 hr 33 min ago)
1m and 5m... I look how the candle grows and shrinks to determine selling/buying pressure
Trade what you see, not what you think
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