We Called TOS = Trading Open Session
Only applies to your registered broker with us, cannot be in other brokers not registered with us (need some adjustments)
Only for XAUUSD Trade
In the past more than 1 year, our trading team has tried trading XAUUSD by using the TRADING OPEN SESSION (TOS) method :
1. What is TOS XAUUSD
TOS is trading only during the open session of every day, only once a day. Open BUY and SELL.
6 o'clock (morning)
2. Background of TOS
XAUUSD during the open market and closed market has a volatile reach of more than 100 pip (attached data). We can take advantage of this
3. Target Consistency Profit
Target profit 5-20 pip each day (125-400 pips per month)
4. How to use TOS XAUUSD
1. Trading during the open market at 6 am (GMT+7)
2. OP BUY and or SELL (direct execution immediately), can be one position (OP Buy only, or SELL only) Or recommended open OP BUY AND SELL positions simultaneously
3. Directly set TP
(put 5 pip max 10 pip)
Example >>
OP buy 2032.15
Set TP 2032.65 (5 pip) or 2033.15 (10 pip)
4. LOT SIZE
Equity each $1000 >>> Use Lot Maximum 0.1 (high risk) or Lot 0.05 (highly recommended)
5. If in 1 day there is a position that does not close, then the next day only OP 1 position instead,
For example today OP buy and sell, if what closes that day is buy only, leaving a sell position that is still open, then the next day only open a buy position. And so on until all positions close
6. STOP LOSS
No Stop LOSS Set up
5. Needs to be considered TOS
1. In 1 month, there are sometimes 2-3 volatile days that do not reach 10 pips,
2. As long as you follow the recommended lot max is still safe
DYOR, this is only the experience of the trading team, please do your own research.