Forwarded from WolvesVIP
TUESDAY RECAP ๐
Yesterday was another perfect example of sticking to the same idea instead of chasing new trades
Monday night we originally identified the 4360โ4367 area as our buy zone. Buyers continued to defend that level, and once price reclaimed back above 4360 during the market reopen, there was no reason for me to completely change the plan
The structure was still bullish. The demand was still being respected. So we simply waited and attacked the same area again.
During NYSE we re-entered the zone ๐
โ
BUY LIMIT 4367/4363
4367 โ +40 pips TP1
4363 โ +80 pips secured on 50%
Runner eventually returned to BE
Then during Asia, price gave us another opportunity from basically the same demand area ๐
โ
BUY LIMIT 4369/4367
+240 pips โ +360 pips โ +400 pips (3R+) We kept a runner open overnight because bullish structure continued holdingโฆ
and we just closed that final position Wednesday morning at +700 PIPS
That's what I want you guys to learn from this.
We didn't need 10 different setups. We found an important area, watched buyers continuously defend it, waited for confirmation, and kept working the same idea while the market continued proving it valid
Plan the zone. Wait for confirmation. Execute. Manage risk. Let the market do the rest.
Yesterday was another perfect example of sticking to the same idea instead of chasing new trades
Monday night we originally identified the 4360โ4367 area as our buy zone. Buyers continued to defend that level, and once price reclaimed back above 4360 during the market reopen, there was no reason for me to completely change the plan
The structure was still bullish. The demand was still being respected. So we simply waited and attacked the same area again.
During NYSE we re-entered the zone ๐
4367 โ +40 pips TP1
4363 โ +80 pips secured on 50%
Runner eventually returned to BE
Then during Asia, price gave us another opportunity from basically the same demand area ๐
+240 pips โ +360 pips โ +400 pips (3R+) We kept a runner open overnight because bullish structure continued holdingโฆ
and we just closed that final position Wednesday morning at +700 PIPS
That's what I want you guys to learn from this.
We didn't need 10 different setups. We found an important area, watched buyers continuously defend it, waited for confirmation, and kept working the same idea while the market continued proving it valid
Plan the zone. Wait for confirmation. Execute. Manage risk. Let the market do the rest.
Please open Telegram to view this post
VIEW IN TELEGRAM
WOLVES TRADING
NOW LETโS TALK ABOUT WHATโS ACTUALLY KEEPING YOU FROM DOING THIS ๐๐ผ We talked about how a losing week should NEVER be powerful enough to destroy your account. But hereโs the problem... A lot of traders say โI have good risk managementโ when in reality, theyโreโฆ
NOW LETโS ACTUALLY FIX YOUR RISK MANAGEMENT ๐ฏ
We already talked about WHY protecting your capital matters. We talked about the mistakes that are probably destroying your risk without you even realizing it. Now I want to give you guys the actual process I want you to start following BEFORE every single trade
And it starts with ONE thing: STOP choosing your lot size first. Your lot size should be one of the LAST things you decide
Hereโs the correct order ๐๐ผ
1๏ธโฃ FIND YOUR INVALIDATION FIRST
Before you think about lot size... before you think about TP... before you think about how much money you can make... Ask yourself:
โAt what price is my trade idea actually WRONG?โ
THAT is where your SL belongs. If you're buying because a demand zone should hold, your stop should be beyond the point where that idea is invalidated. Not where losing $100 feels comfortable.
Not because โ20 pips is enough.โ The MARKET decides where your setup is invalid. Your RISK decides how big your position can be. Big difference
2๏ธโฃ NOW CALCULATE YOUR LOT SIZE
Once you know your entry and SL distance, NOW you calculate your position. Let's say you're risking 1% per trade. If your SL needs 20 pips โ your lot size adjusts. If another setup needs 50 pips โ your lot size gets SMALLER. Your stop changed... but your account risk stayed the SAME. This is why I keep telling you guys: A BIGGER SL DOESN'T AUTOMATICALLY MEAN MORE RISK. Your lot size is what controls that. Stop choosing random lot sizes because the trade โlooks good.โ
3๏ธโฃ SET YOUR DAILY MAX LOSS BEFORE YOU START
This one will save some of you from yourselves. Before NYSE even opens, you should already know:
โIf I lose X amount today, I'm DONE.โ Maybe your personal rule is -2%. Maybe it's based on two full-risk losses. Whatever your system is, decide it BEFORE you're emotional. Because after two losses your brain starts saying ๐
โOne more trade...โ
โI can make it back...โ
โThis setup looks too good...โ
And that's exactly how a normal losing day turns into a blown week. Your max loss removes the decision from emotional YOU. Hit your limit? Close the charts. Tomorrow is another day. ๐ค๐ผ
4๏ธโฃ KEEP YOUR RISK CONSISTENT
This might be the most important one. You can't risk 1% on the setups you're unsure about...
Then suddenly risk 5% because: "THIS ONE LOOKS PERFECT.โ There is NO perfect setup.
Your best-looking trade can lose and your average-looking trade can win.
Consistency isn't only taking the same setup. Consistency is also giving your trades controlled, repeatable risk
So your process should look like this:
SETUP โ INVALIDATION โ RISK % โ LOT SIZE โ EXECUTION
Not:
โI like this trade โ big lot โ pray.โ
The goal isn't to eliminate losses. The goal is to make your losses so CONTROLLED that no single trade, no single day and no single bad week can take you out of the game. Protect the account first. The opportunity to make money comes AFTER
We already talked about WHY protecting your capital matters. We talked about the mistakes that are probably destroying your risk without you even realizing it. Now I want to give you guys the actual process I want you to start following BEFORE every single trade
And it starts with ONE thing: STOP choosing your lot size first. Your lot size should be one of the LAST things you decide
Hereโs the correct order ๐๐ผ
1๏ธโฃ FIND YOUR INVALIDATION FIRST
Before you think about lot size... before you think about TP... before you think about how much money you can make... Ask yourself:
โAt what price is my trade idea actually WRONG?โ
THAT is where your SL belongs. If you're buying because a demand zone should hold, your stop should be beyond the point where that idea is invalidated. Not where losing $100 feels comfortable.
Not because โ20 pips is enough.โ The MARKET decides where your setup is invalid. Your RISK decides how big your position can be. Big difference
2๏ธโฃ NOW CALCULATE YOUR LOT SIZE
Once you know your entry and SL distance, NOW you calculate your position. Let's say you're risking 1% per trade. If your SL needs 20 pips โ your lot size adjusts. If another setup needs 50 pips โ your lot size gets SMALLER. Your stop changed... but your account risk stayed the SAME. This is why I keep telling you guys: A BIGGER SL DOESN'T AUTOMATICALLY MEAN MORE RISK. Your lot size is what controls that. Stop choosing random lot sizes because the trade โlooks good.โ
3๏ธโฃ SET YOUR DAILY MAX LOSS BEFORE YOU START
This one will save some of you from yourselves. Before NYSE even opens, you should already know:
โIf I lose X amount today, I'm DONE.โ Maybe your personal rule is -2%. Maybe it's based on two full-risk losses. Whatever your system is, decide it BEFORE you're emotional. Because after two losses your brain starts saying ๐
โOne more trade...โ
โI can make it back...โ
โThis setup looks too good...โ
And that's exactly how a normal losing day turns into a blown week. Your max loss removes the decision from emotional YOU. Hit your limit? Close the charts. Tomorrow is another day. ๐ค๐ผ
4๏ธโฃ KEEP YOUR RISK CONSISTENT
This might be the most important one. You can't risk 1% on the setups you're unsure about...
Then suddenly risk 5% because: "THIS ONE LOOKS PERFECT.โ There is NO perfect setup.
Your best-looking trade can lose and your average-looking trade can win.
Consistency isn't only taking the same setup. Consistency is also giving your trades controlled, repeatable risk
So your process should look like this:
SETUP โ INVALIDATION โ RISK % โ LOT SIZE โ EXECUTION
Not:
โI like this trade โ big lot โ pray.โ
The goal isn't to eliminate losses. The goal is to make your losses so CONTROLLED that no single trade, no single day and no single bad week can take you out of the game. Protect the account first. The opportunity to make money comes AFTER
WOLVES TRADING
Last week we fixed how you enter. This week we fix whether you survive long enough for that entry to matter Here's the truth: the traders blowing accounts this month aren't losing because their analysis is wrong. They're losing because one oversized positionโฆ
๐ FREE GIFT THIS WEEK
I'm giving you guys my PDF:
โYour Stop Loss Isn't There to Be Avoided โ It's There to Save Your Career.โ
I want you to actually READ it and apply it to your trading. Because your SL isn't the enemy.
The trader who refuses to respect it is. ๐ฏ
I'm giving you guys my PDF:
โYour Stop Loss Isn't There to Be Avoided โ It's There to Save Your Career.โ
I want you to actually READ it and apply it to your trading. Because your SL isn't the enemy.
The trader who refuses to respect it is. ๐ฏ
WOLVES TRADING
๐ FREE GIFT THIS WEEK I'm giving you guys my PDF: โYour Stop Loss Isn't There to Be Avoided โ It's There to Save Your Career.โ I want you to actually READ it and apply it to your trading. Because your SL isn't the enemy. The trader who refuses to respectโฆ
Protect The Account First.pdf
201.8 KB
Read and Apply ! Enjoy ๐ค
XAUUSD UPDATE
I've been sitting on the sidelines and patiently waiting for a proper setup to form. No reason to force an entry while Gold is sitting between levels
Right now I have 2 scenarios I'm watching:
BUY IDEA #1 โ 4425 BREAKOUT
I want to see price break and give us a strong candle close above 4425. If buyers can reclaim and hold above that level, I'll start looking for a clean structure/retest to potentially continue buys toward the highs
BUY IDEA #2 โ 4370s PULLBACK
If price fails to break 4425 and decides to pull back deeper, I already have another buy zone waiting around the 4370s. This area lines up with previous structure + a bullish value area
For now, no trade = no problem
Either buyers give me the confirmation I need above 4425, or Gold pulls back into the 4370s and gives me a better-priced opportunity. I'm active and watching PA, if something changes ill update as well
I've been sitting on the sidelines and patiently waiting for a proper setup to form. No reason to force an entry while Gold is sitting between levels
Right now I have 2 scenarios I'm watching:
BUY IDEA #1 โ 4425 BREAKOUT
I want to see price break and give us a strong candle close above 4425. If buyers can reclaim and hold above that level, I'll start looking for a clean structure/retest to potentially continue buys toward the highs
BUY IDEA #2 โ 4370s PULLBACK
If price fails to break 4425 and decides to pull back deeper, I already have another buy zone waiting around the 4370s. This area lines up with previous structure + a bullish value area
For now, no trade = no problem
Either buyers give me the confirmation I need above 4425, or Gold pulls back into the 4370s and gives me a better-priced opportunity. I'm active and watching PA, if something changes ill update as well
WOLVES TRADING
XAUUSD UPDATE I've been sitting on the sidelines and patiently waiting for a proper setup to form. No reason to force an entry while Gold is sitting between levels Right now I have 2 scenarios I'm watching: BUY IDEA #1 โ 4425 BREAKOUT I want to see price breakโฆ
Hereโs an update guys
Weโre seeing bearish PA as price rejected 4430s 4435s highs and closed below zone we also got bearish PA below 4420 4410 which is good ! Iโm going to attempt a sell here ! Sending limit
Weโre seeing bearish PA as price rejected 4430s 4435s highs and closed below zone we also got bearish PA below 4420 4410 which is good ! Iโm going to attempt a sell here ! Sending limit
WOLVES TRADING
Hereโs an update guys Weโre seeing bearish PA as price rejected 4430s 4435s highs and closed below zone we also got bearish PA below 4420 4410 which is good ! Iโm going to attempt a sell here ! Sending limit
Gold ๐
Pair: XAUUSD๐
Side: Short / Sell Limit
Entry: 4416 4418
TP: Open
SL: 4428
Note: past profits do not predict future profits
Risk 0.5-1-2%
TP1 4413 30pipsโ
TP2 4406 100pipsโ
TP3 4396 200pipsโ
Use Proper Risk Management
Pair: XAUUSD
Side: Short / Sell Limit
Entry: 4416 4418
TP: Open
SL: 4428
Note: past profits do not predict future profits
Risk 0.5-1-2%
TP1 4413 30pips
TP2 4406 100pips
TP3 4396 200pips
Use Proper Risk Management
Please open Telegram to view this post
VIEW IN TELEGRAM
WOLVES TRADING
Gold ๐ Pair: XAUUSD ๐ Side: Short / Sell Limit Entry: 4416 4418 TP: Open SL: 4428 Note: past profits do not predict future profits Risk 0.5-1-2% TP1 4413 30pips โ
TP2 4406 100pips โ
TP3 4396 200pips โ
Use Proper Risk Management
Now If we donโt get trigger to this limit then I'll need bearish PA and structure below 4400
Im not going to force no trade around this area
Im not going to force no trade around this area
WOLVES TRADING
XAUUSD UPDATE I've been sitting on the sidelines and patiently waiting for a proper setup to form. No reason to force an entry while Gold is sitting between levels Right now I have 2 scenarios I'm watching: BUY IDEA #1 โ 4425 BREAKOUT I want to see price breakโฆ
Remember for buys we need to be above 4420s ! But since price rejected and closed under ! We will take sell first !
If price reclaim above then we react and adapt !
Also we have a buy zone under ! Iโll update you guys
If price reclaim above then we react and adapt !
Also we have a buy zone under ! Iโll update you guys
WOLVES TRADING
Gold ๐ Pair: XAUUSD ๐ Side: Short / Sell Limit Entry: 4416 4418 TP: Open SL: 4428 Note: past profits do not predict future profits Risk 0.5-1-2% TP1 4413 30pips โ
TP2 4406 100pips โ
TP3 4396 200pips โ
Use Proper Risk Management
This is getting close ! I personally lowered my risk and will hold limit
WOLVES TRADING
Gold ๐ Pair: XAUUSD ๐ Side: Short / Sell Limit Entry: 4416 4418 TP: Open SL: 4428 Note: past profits do not predict future profits Risk 0.5-1-2% TP1 4413 30pips โ
TP2 4406 100pips โ
TP3 4396 200pips โ
Use Proper Risk Management
Both limit active ! I have 4416 set at tp1 and will hold 4418 if/when price reach tp1
You may also close 4416 here at BE to reduce risk if youโll like
You may also close 4416 here at BE to reduce risk if youโll like
WOLVES TRADING
Gold ๐ Pair: XAUUSD ๐ Side: Short / Sell Limit Entry: 4416 4418 TP: Open SL: 4428 Note: past profits do not predict future profits Risk 0.5-1-2% TP1 4413 30pips โ
TP2 4406 100pips โ
TP3 4396 200pips โ
Use Proper Risk Management
Running 80pips ๐ค ๐ค ๐ค secure 50-70% profits
Please open Telegram to view this post
VIEW IN TELEGRAM
WOLVES TRADING
Photo
Wow what a trade guys ! We almost hit tp3 too over this trade ran over 180pips ๐ค
Since market open this week, itโs been nothing but BANGERS !! Wednesday isnโt even over and I havenโt taken a single loss ๐ The entries. The patience. The execution. The management. I walk you candle by candle and wait for the exact areas before pulling the trigger !! Asia is here and letโs keep on working
Since market open this week, itโs been nothing but BANGERS !! Wednesday isnโt even over and I havenโt taken a single loss ๐ The entries. The patience. The execution. The management. I walk you candle by candle and wait for the exact areas before pulling the trigger !! Asia is here and letโs keep on working
Please open Telegram to view this post
VIEW IN TELEGRAM
WOLVES TRADING
Now If we donโt get trigger to this limit then I'll need bearish PA and structure below 4400 Im not going to force no trade around this area
Pre plan trade idea ๐
Remember to continue looking for sell, we will want to see a hourly close below 4400 and then a pullback around 4408 4410 to possibly take sell !
Last hour candle we slight close above 4400, not the best but let see how price reacts here 4408 4410
Remember to continue looking for sell, we will want to see a hourly close below 4400 and then a pullback around 4408 4410 to possibly take sell !
Last hour candle we slight close above 4400, not the best but let see how price reacts here 4408 4410