Gold with No Drama

Quoting bdsilvano

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{quote} no worries bro, whatever drawdown you see i have,,, I have bank it already and thats why money management is the key here.

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Quoting iamhewho

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got a sell stop, hoping for a break and retest (5minchart) {image}

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Quoting bdsilvano

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{quote} yea your right.. this is what im tryting to say only i never use 1 lot as I was thinking drawdown as well. 0.05 or 0.1 will do it give mne good profit everyday, also I never allow any carry on trade to next day. I close it always on Frankfurt or before london close. so I never try to carry. if the trend market comes, you will see also buy your drawdown, let say asian no retracement and london didint retrace, thats a clue for me that specific day market is in trend, soi I need to close all my drawdown, and make order to whatever the price...

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Quoting bdsilvano

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as you can see from my today, I have 4 left sell order taking hedging start from asia and london, now NY will open soon I know he will hit my transaction as many banks are doing hedging also they are trying to clear there book, so I need to go as well. {image}

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Quoting thebigshot

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{quote} Now if your technical analysis indicates that price will enter a trending mode as in this post {quote} You hodl onto that sell to 4160 maybe lower range of chanel. Your currenct open sell position @4210 Sell 0.5 Sell 0.5 @4187 Sell 0.5 @4181 Sell 0.5 Currenct price in chart @4199. First 2 in profit. 3rd and 4th sell in losses. If it continue trending to the upside, you simply take the loss (close all 4 positions) 1st and 2nd: b/e or mini profit 3rd and 4th: Guaranteed losses. Net balance of the day: ALL Greens - All REDs.

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Quoting thebigshot

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{quote} Now if your technical analysis indicates that price will enter a trending mode as in this post {quote} You hodl onto that sell to 4160 maybe lower range of chanel. Your currenct open sell position @4210 Sell 0.5 Sell 0.5 @4187 Sell 0.5 @4181 Sell 0.5 Currenct price in chart @4199. First 2 in profit. 3rd and 4th sell in losses. If it continue trending to the upside, you simply take the loss (close all 4 positions) 1st and 2nd: b/e or mini profit 3rd and 4th: Guaranteed losses. Net balance of the day: ALL Greens - All REDs.

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Quoting Aliens

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{quote} We are not going to sell forever, eventually the price will come back from somewhere and that will be our profit for the day. Understanding the market in this method is very important, and where the price will come back from and how far it will go

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Quoting bdsilvano

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{quote} price will reset i know at 4195. that is the POC of the week

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Quoting Erebus

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Seems the fundamentals are saying opposite the price action, any experts here? Just kidding, T721 is the only expert! Gold Price Forecast: XAU/USD drifts higher above $4,200 on Fed rate cut expectations Gold price edges higher to around $4,205 in Monday’s early Asian session. Traders are pricing in a nearly 90% probability of a Fed rate cut on Wednesday. The UoM Consumer Sentiment Index increased to 53.3 in December, stronger than expected. Source: https://www.fxstreet.com/news/gold-p...s-202512080043...

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Quoting bdsilvano

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{quote} dont forget I made green on whole day bro

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Quoting bdsilvano

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{quote} price will reset i know at 4195. that is the POC of the week

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Quoting Aliens

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{quote} We are not going to sell forever, eventually the price will come back from somewhere and that will be our profit for the day. Understanding the market in this method is very important, and where the price will come back from and how far it will go

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Quoting thebigshot

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{quote} I clearly mentioned if it continues trending upward. Also, a trading career is not consist of one day only, Its a whole process. Wins and Losses. My losses are probably bigger than the wins of majority here. I know this consciously, spiritually, emotionally, and physically. Forged through pains! P/S: I once saw a red badge trader here use the hedging method, i originally intended to incorporate it in my trading plan, but later when trending market hits, he simply hold againt the market. As mark Douglass put in his work "Trade in the...

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Quoting bdsilvano

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{quote} bro I was pasting my result almost everyday here, and Ive been doing this Years and it made me money good. thats is why i trust my system. is there any system out there, that even u sleep u know what you result will end? or you need to go out important and do trading again. thats the wolf system and only that system will make u money, no indicator no news no anything.even market crashes IM not afraid why. because it was design both. believe me,I want you to demo it. give a chance and youll see.

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Quoting bdsilvano

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{quote} bro I was pasting my result almost everyday here, and Ive been doing this Years and it made me money good. thats is why i trust my system. is there any system out there, that even u sleep u know what you result will end? or you need to go out important and do trading again. thats the wolf system and only that system will make u money, no indicator no news no anything.even market crashes IM not afraid why. because it was design both. believe me,I want you to demo it. give a chance and youll see.

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Quoting thebigshot

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{quote} That "Eventually" you can afford that with 0.X lot but starting with 5lot alone, you will no longer be able to afford the word "eventually"

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Quoting Aliens

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{quote} Everyone chooses the lot according to their capital. Yes, maybe 0.5 lots is too high for your capital and mine, but for this strategy, you should start with 0.01 lots for every $1,000

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