DISCLAIMER
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.
Gold/USD (XAUUSD) Signal For 02 April 2024
Trade Idea 1
BUY LIMIT Order: $2247.16
Stop Loss: $2228.29
Take Profit 1: $2265.78
Take Profit 2: $2275.90
Trade Idea 2
BUY LIMIT Order: $2242.76
Stop Loss: $2228.29
Take Profit 1: $2265.78
Take Profit 2: $2275.90
Risk per trade: 0.5%.
MT4/5 trade expiration: Today
100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.
Reason
The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 2x BUY LIMIT orders at 50% and 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%
Trade Review For 01 April 2024
None of my limit orders got triggered, let's try again tomorrow!
April 2024 Trade Results
P&L for the month: 0R
02 April: Pending
The year 2024 Trade Results
January: +2.6R
February: +3.35R
March: -2.90R
This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose.
Gold/USD (XAUUSD) Signal For 02 April 2024
Trade Idea 1
BUY LIMIT Order: $2247.16
Stop Loss: $2228.29
Take Profit 1: $2265.78
Take Profit 2: $2275.90
Trade Idea 2
BUY LIMIT Order: $2242.76
Stop Loss: $2228.29
Take Profit 1: $2265.78
Take Profit 2: $2275.90
Risk per trade: 0.5%.
MT4/5 trade expiration: Today
100% mechanical strategy, zero analysis, zero guesswork. Rise and repeat day in and day out.
Reason
The first-hour candlestick closes above 21 EMA, hence our bias is to BUY. We will place 2x BUY LIMIT orders at 50% and 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20%
Trade Review For 01 April 2024
None of my limit orders got triggered, let's try again tomorrow!
April 2024 Trade Results
P&L for the month: 0R
02 April: Pending
The year 2024 Trade Results
January: +2.6R
February: +3.35R
March: -2.90R
Trade closed: target reached
Trade no.1 hit both take profit levels with almost zero drawdown, resulting in a profit of about +1.25R. This outcome is exactly what I aim for when trading my strategy. Overall, I'm pleased with the results.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.