Introduction To Gold Trading
This is one basic gold advice.
Understand price movements. The other basic gold advice is learn about gold market moves.
Basic Gold Tutorials- About Gold Tutorials
Get a gold charting platform which allows you to see the prevailing price as it happens & make trading analysis. The most popular software is MetaTrader 4 Platform. It's easy to use, chart are well presented and the software has multiple trading analysis tools for a trader to choose from. The platform/software shows gold charts on the computer screen: the charts explain the current buy & sell prices. The software helps you keep track of your funds & how the instrument which you bought or sold is doing.
Basic Trading Guides - Software
The screen shot below shows the user work space of the MT4 Software.
Basic Gold Tutorials About MT4 Software
Learn a basic gold trading system which gives you an indication of when to enter and when to exit trades. Following the markets price action is a popular analysis method that experienced traders have been using for over a hundred years before trading charts. Candle-stick setups, indicators & systems also can be used. All these techniques are discussed in detail on tradegoldtrading.com.
Basic XAUUSD Guides - Trading Systems
- Systems
- Create a Trading Strategy
- Writing XAUUSD Strategy Rules
- Generating Signals
- Tips for Systems
- Writing a Trading Journal
- Writing a Gold Trading Plan
- Stochastic Trading Strategy
- MA Cross Over system
A good Basic Gold Trading System uses the Technical Indicators below:
Please Study Them Prior to Developing Your Trading Strategy
Example of a Trading Strategy
Basic Trading Strategy
Start with a demo gold account before trading with real money. First begin learning about Basic Gold Trading byopening a practice trade account & practice trading with this practice demo account, until you get to learn & understand how the market works & when you are confident & consistently making good profit on your gold practice account then you can open a live account.
Basic XAUUSD Guide Tutorials - Trading Account Tutorials
When you open a real account, trade with your gold plan & learn how to manage the emotions in gold trading by learning about market Psychology.
Basic Trading Guides - XAUUSD Market Psychology Topics
- Psychology of Traders
- Psychology and Emotions in Gold Trading
- Trading Market Psychology Guidelines
- Trading Market Psychology Guide-lines 2
Learn More Tutorials and Lessons:
- What is XAU USD Pullback Meaning?
- Gold Draw Downwards Gold Channel in MT4 Platform
- Free Gold Margin Calculator & Used Gold Margin Calculator
- How Do You Trade Fib Expansion Levels in Gold Charts?
- What is MetaTrader 5 Gold Chart?
- How to Trade Falling Wedge Chart Pattern
- How to Open Gold Chart
- Periodicity Toolbar Menu for MT4 Gold Charts
- How to Start Practice Gold with Gold Practice Account
- Informative MT4 Gold Course Tutorial for Gold Beginners
