Trade Gold Trading

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

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

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

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

Examples of 1 Hour Gold Day Trading Strategy below:

H Chart Timeframe Trading - 1 Hour Day Strategy - Day XAUUSD Time Frame Trading

Writing Down Rules of a 1H Day System - Day Trading 1 H Chart - Intra-day Trading Using the 1 Hour XAUUSD Chart

You can create the above 1 Hour Gold Day Trading Strategy using the steps below:

Step 1:

Choose Your XAUUSD Chart Time-Frame - 1 Hour Chart

Step 2:

Choose XAUUSD Technical Indicators which spot a New Market Trend - MA Cross Over System.

Step 3:

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

Step 4:

Define Entry & Exit Points

Buy Trade Signal

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

Sell Trading Signal

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

Exit Signal

  1. Moving Averages indicators generates opposite signal
  2. RSI indicator generates opposite signal
Step 5:

Calculating risks in each trade - Choose the number of Pips to set for the stop loss order for your open trade positions

Step 6:

Write Down the 1 Hour Gold Intra-day Trading Strategy Rules

Step 7:

Test the 1 H Day System on a practice practice account

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

Writing H1 Intra-day Trading Strategy Rules

1 H Day System - 1 H Candle Breakout Strategy - 1 Hour Chart Day Trading System - Candlestick Chart Analysis

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

This 1 Hour Day Trading Strategy produces the signals as illustrated below. Using these system rules - traders can determine when to enter & exit trade transactions.

1 Hour Candle Breakout System - 1 H Chart Day Trading Strategy - Drawing Candle Charts in XAUUSD Software

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

We have completed writing the 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 Trading Strategy Rules in your Gold Plan.

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

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