WOLVES TRADING
Want to know why traders fail ?
This is exactly why trader fails !!!
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Forwarded from WolvesVIP
Late in the session but got a setup !!
Patience patience all morning choppy PA
Patience patience all morning choppy PA
Forwarded from WolvesVIP
XAUUSD
hereโs what Iโm looking at on Gold right now
Price is currently trading inside a range, moving between clear resistance above and support below. Of that, the best approach is not trading the middle, but waiting for price to reach the extreme zones
First level Iโm watching is 5162 for sells. This area is a solid strong HTF resistance zone where price has previously rejected. It also sits near the top of the current range, which makes it a premium area to look for shorts. If price pushes into this level, thereโs a good chance the market will sweep liquidity above the highs, tap this resistance, and then rotate back down into the range + daily has rejected multiple time and closed under
The second level Iโm watching is 5102 for buys. This level is a strong support / demand zone and sits near the bottom of the range. Price has reacted from this area early + last week, showing buyers stepping in. Today gold reacted from this zone leaving solid imbalace where price can react from and make another push up If we could see a liquidity sweep below the lows, followed by a bounce back up toward the middle or top of the range
hereโs what Iโm looking at on Gold right now
Price is currently trading inside a range, moving between clear resistance above and support below. Of that, the best approach is not trading the middle, but waiting for price to reach the extreme zones
First level Iโm watching is 5162 for sells. This area is a solid strong HTF resistance zone where price has previously rejected. It also sits near the top of the current range, which makes it a premium area to look for shorts. If price pushes into this level, thereโs a good chance the market will sweep liquidity above the highs, tap this resistance, and then rotate back down into the range + daily has rejected multiple time and closed under
The second level Iโm watching is 5102 for buys. This level is a strong support / demand zone and sits near the bottom of the range. Price has reacted from this area early + last week, showing buyers stepping in. Today gold reacted from this zone leaving solid imbalace where price can react from and make another push up If we could see a liquidity sweep below the lows, followed by a bounce back up toward the middle or top of the range
Forwarded from WolvesVIP
Gold ๐
Pair: XAUUSD๐
Side: Short / Sell Limit
Entry: 5165 5172
TP: Open
SL: 5190
Note: past profits do not predict future profits
Risk 0.5-1-2%
TP1 5155 100pipsโ
TP2 5145 200pipsโ
TP3 5135 300pipsโ
Use Proper Risk Management
Pair: XAUUSD
Side: Short / Sell Limit
Entry: 5165 5172
TP: Open
SL: 5190
Note: past profits do not predict future profits
Risk 0.5-1-2%
TP1 5155 100pips
TP2 5145 200pips
TP3 5135 300pips
Use Proper Risk Management
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Forwarded from WolvesVIP
Gold ๐
Pair: XAUUSD๐
Side: Long / Buy Limit
Entry: 5105 5095
TP: Open
SL: 5085
Note: past profits do not predict future profits
Risk 0.5-1-2%
TP1 5115 100pipsโ
TP2 5125 200pipsโ
TP3 5135 300pipsโ
Use Proper Risk Management
Pair: XAUUSD
Side: Long / Buy Limit
Entry: 5105 5095
TP: Open
SL: 5085
Note: past profits do not predict future profits
Risk 0.5-1-2%
TP1 5115 100pips
TP2 5125 200pips
TP3 5135 300pips
Use Proper Risk Management
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