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

To create a 1 Hour XAU USD Intra-day Strategy that generates the trading signals on the Hourly Chart illustrated 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 and noted down rules that you as a swing trader follows to manage your trade positions on the H1 Charts. These rules must be written so that to guide you. 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 system then you do not have a Trade System. Systems must have guidelines 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 Guidelines 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 and Select Your Gold Chart Time-Frame - 1H Chart

Step 2:

Choose Gold Technical Indicators which identify 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 Signal
Both MAs Moving Averages pointing up
RSI above 50
Stochastic oscillator going up
Sell Signal
Both MAs Moving Averages pointing down
RSI below 50
Stochastic oscillator moving down
Exit Signal
Moving Averages indicators generates in the opposite market trend signal
RSI generates in the opposite trend signal

Step 5:

Calculating risks in each trade - Choose and Select 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 demo practice account

After using these trading step-by-step lesson you can create written 1H Gold Day Strategy Rules as is illustrated and 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 trading strategy 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 System - 1 H Candlestick Breakout Strategy

We have completed writing the trading rules, if you're 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 Intraday System - 1 Hour XAU/USD Chart Intraday System - 1 H Candle Breakout System - Day Trading 1 H Chart

Study More Topics & Lessons:

Trade Gold Trading

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

Examples of 1 Hour Gold Day Strategy below:

Buy Signal

Sell Signal

Exit Signal

Writing H1 Intra-day Strategy Rules