Wolf Trading Strategy XAUUSD Only

Quoting BellPepper

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{quote} What does rehedge in NY actually mean?

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Quoting shfacon

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Which of those 200 levels is the right one? Please come on please, let's not start with that pivot nightmare and digger style charts that confuse more than help. Price action right now is just horrendous and erratic so there's nothing much to see. Price sitting at support and could be anything honestly

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Quoting TranceGhost

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This is my optimal scenario Right now - price is a massive zone - red circle. I'm keeping hedge locked until I see a TL break - and a higher high and low printed. Then I unlock - add a single position and see how high it goes - Daily pivot is a good target - but since price is in a bear flag right now on the higher timeframe - it might also just zoom down to WS2 at 4200. But there could be a good chance it goes up to test the high and bearish trendline before it does so - but we will see. Sit on your fingers until then we have confirmation. {image}...

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Quoting bdsilvano

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{quote} i dont know how you see the price bro

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Quoting TranceGhost

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{quote} I zoom in Big screen and big eyes. You know why little red riding hood asked grandma why she had such big eyes. Aaaaauuuuuuuuu

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Quoting bdsilvano

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{quote} i told you if the plan of ours wont work, you must think another exit strategy, 1) rehedge 2) clear everything & get out. this is the 2 option we have. if the price goes low more than london and asia low, i will rehedge. always bear this in your mind, everytime we are one 1 side trading.

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Quoting fx4money

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{quote} may i know how many open positions you have at this moment? how many buys and how many sells? thanks

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Quoting TranceGhost

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{quote} I'm a bee - not a fly. And since you subscribe to gbhdr - I assume you know that it works if used correctly That guy literally trades 100 lots position on gold using those levels. They work for me - and I find comfort and confluence in them - but without price action they mean nothing. The zones Bdsilvano uses in the volume profile is literally the same zones. Top blue is daily pivot - button blue is daily support2 and the red line is daily support1 {image}

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Quoting shfacon

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{quote} Hey nothing personal at all. I don't judge wether pivots work or not, anything can work in discretioary trading. I just took the opportunity to point out to let others not discourage if they do not understand them or busy charts (I know silvano likes clean). Like a man said it's not about the pivots but ehat they align with. So that's what Am against, confusing others with busy charts and confusing explanations digger style when I just draw a rectangle to reach same conclusion.

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Quoting bdsilvano

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{quote} i only have 3 position no more sells

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Quoting bdsilvano

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{quote} i told you if the plan of ours wont work, you must think another exit strategy, 1) rehedge 2) clear everything & get out. this is the 2 option we have. if the price goes low more than london and asia low, i will rehedge. always bear this in your mind, everytime we are one 1 side trading.

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Quoting metawolf

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cleared my book from asia. took some decent profit. Would have been more comfortable if only closed for only one of my positive positions. Has to open a lot of position to combat the draw down. still took green so am happy. {image}

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Quoting Homams

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{quote} Hello, I just want to ask please. If NY goes down like Asia and London, rehedge here means you will add sell positions to reduce de DD ?

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Quoting Homams

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Still learning but since I use this strategy I got profit no loss till today. {image}

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