Gold Simple Strategy
This tradingtrade system template is fully explained within the trade plan on the Gold Plan Template Example on this learn gold trading website under - gold key concepts section located on the right navigation menu.
Chart Time Frame
1H xauusd trading chart
Indicators which identify a new trend
MA Crossover Gold Strategy
Indicators that confirm the market trend
RSI xauusd trading technical indicator
Stochastic trading technical indicator
Buy Trading Signal
1. Both MAs moving upwards
2. RSI above 50
3. Both stochastics heading up
Sell Trading Signal
1. Both Moving Averages moving downwards
2. RSI below 50
3. Both stochastics heading downward
Exit Signal
1. MAs Technical Indicator gives opposite signal
2. RSI indicator gives opposite trading signal
XAUUSD Risk Management
Stop loss - 20 pips
Take-Profit - 60 pips
Reward : Risk Ratio 2 :1
Day Strategies Course - Gold Daily Charts System - Simple Strategy - Strategies Revealed - Moving Average Gold Strategies - Gold Intraday Trading Methods
Learn More Courses and Tutorials:
- Reversal Patterns: Head & Shoulders Pattern in Gold Charts & Reverse Head & Shoulders Pattern in Gold Charts
- How Do You Sign in on MT5 Gold Real XAUUSD Account?
- How to Trade MetaTrader 4 Upwards Gold Trend-line on MT4 Gold Charts
- What is an Example of a XAUUSD Down Trend?
- How to Trade Inertia Trading Indicator Sell Forex Trade Signal
- How Do You Place a Pending Gold Order on MT5 Android Gold App?
- Gold Strategy is a Method That is Used to Trade XAU/USD
- Buying & Selling Gold
- How to Open Gold Practice Account in MT5 Trading Software
- How to Download Install & Login on MT4 for Windows PC for MacBook PC for Android App & iPhone Trading App