Trade Gold Trading

1 Hour XAUUSD Day Strategy Rules: Gold Trading Rules of Day Trading 1 H XAUUSD Chart Time-Frame

To create a 1 Hour XAUUSD Intra-day Strategy that generates the trading signals on the Hourly Chart shown below - Day Trading 1 Hour Chart - Intra-day Trading Using the H1 XAUUSD Chart. We shall use 1 H chart to write the guidelines of this system - 1 Hour Intraday Strategy.

This H1 Day Strategy refers to a set of written trading rules that you as a swing trader follows to manage your trade positions on the H1 Charts. These system rules must be written down so that to guideyou. This learn system course will explain how to writedown the trading rules of your trading system.

The keyword is a SET OF RULES which you must follow when trading. If you do not follow the trading rules of your trading system then you do not have a Trade System. Systems must have guide-lines which are written down within your plan.

Examples of 1 Hour Gold Day Strategy below:

H1 Chart Timeframe Trade - 1H Day Strategy - Day Trading Timeframe Gold Trading

Writing Down Rules of a 1H Day System - Intra-day Trade Using the H1 XAUUSD Gold Chart

You can create the above H1 Gold Day Strategy using the steps illustrated and shown below:

Step 1:

Choose Your Gold Chart Time-Frame - 1H Chart

Step 2:

Choose Gold Technical Indicators which spot a New Market Trend - MA Cross-Over Strategy.

Step 3:

Choose Gold Indicators which Confirm the Trend - RSI Indicator, Stochastic Indicator

Step 4:

Define Entry & Exit Points

Buy Trade Signal

  1. Both MAs Moving Averages pointing up
  2. RSI indicator above 50
  3. Stochastic oscillator heading up

Sell Signal

  1. Both MAs Moving Averages pointing down
  2. RSI indicator below 50
  3. Stochastic oscillator trading moving down

Exit Trade Signal

  1. Moving Averages indicators generates in the in the opposite trend market trend market trend market trend market trend market trend market trend signal
  2. RSI indicator generates in the in the opposite trend market trend market trend market trend market trend market trend market trend signal
Step 5:

Calculating risks in each trade - Choose the No. of Pips to set for the stop loss order for your open trade positions

Step 6:

Write Down the H1 Gold Intra-day Strategy Rules

Step 7:

Test the 1 Hour Day System on a practice practice account

After using these trading step-by-step lesson you can create written 1H Gold Day Strategy Rules as shown below.

Writing H1 Intra-day Strategy Rules

1 Hour Day Candle Breakout Trading Strategy - 1H Chart Day Trade Analysis

Example of How to Write the Best 1 Hour XAUUSD Gold Intra-day Strategy Rules

This 1H Day Strategy produces the trading signals as illustrated and shown below. Using these system rules - traders can assess when to enter and exit trades.

1H Candle Breakout System - 1 Hour Chart Day Strategy

1 Hour Day System - 1 Hour XAUUSD Chart Day Trade System - 1 H Candlestick Breakout Strategy

We have completed writing the trading rules, if you are researching on how to create the best 1H system - this learn system course is a good tutorial - you can also include the 1 Hour XAUUSD Day Strategy Rules on your Gold Plan.

1 Hour Day System - 1 Hour XAUUSD Chart Day Trade System - 1 H Candle Breakout System - Day Trading 1 H Chart

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