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GOLD Trades Idea for Wednesday 15 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 15 May 2024 BUY LIMIT Order: $2344.37 Stop Loss: $2334.64 Take Profit 1: $2353.85 Take Profit 2: $2366.45 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 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 14 May 2024 We managed to trigger our limit order during high-impact market data. Let's hold until either take profit 1 or stop loss. P&L for the month: +2.6R 01 May: +0.5R 02 May: +0.5R 03 May: +0.5R 06 May: +1.6R 09 May: +0.5R 13 May: -1R 14 May: Pending The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R April: -7.75R
OANDA:XAUUSDLong
by Barry_Games_Trading
GOLD Trades Idea for Tuesday 14 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 14 May 2024 SELL LIMIT Order: $2352.16 Stop Loss: $2364.80 Take Profit 1: $2339.77 Take Profit 2: $2323.28 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 below 21 EMA, hence our bias is to sell. We will place 1x sell LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 13 May 2024 Our first loss for the week, but this is completely normal and is part and parcel of the trading world. As long as we adhere to good risk management practices by risking a small amount and ensuring that our wins outweigh our losses, we can be profitable in the long run. Let's regroup and approach tomorrow's trading with renewed focus and determination! May 2024 Trade Results P&L for the month: +2.6R 01 May: +0.5R 02 May: +0.5R 03 May: +0.5R 06 May: +1.6R 09 May: +0.5R 13 May: -1R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R April: -7.75R
OANDA:XAUUSDShort
by Barry_Games_Trading
GOLD Trades Idea for Monday 13 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 13 May 2024 BUY LIMIT Order: $2358.02 Stop Loss: $2345.07 Take Profit 1: $2370.72 Take Profit 2: $2387.60 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 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 10 May 2024 Gold continued to push higher and did not trigger our limit order. Let's try again tomorrow! May 2024 Trade Results P&L for the month: +3.6R 01 May: +0.5R 02 May: +0.5R 03 May: +0.5R 06 May: +1.6R 09 May: +0.5R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R April: -7.75R
OANDA:XAUUSDLong
by Barry_Games_Trading
GOLD Trades Idea for Friday 10 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 10 May 2024 BUY LIMIT Order: $2322.16 Stop Loss: $2306.41 Take Profit 1: $2337.67 Take Profit 2: $2358.29 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 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 06 May 2024 This trade finally hit our second take profit level after holding it for a few days! Finally a decent good profit after so many days of breakeven! Hope you can follow my trades too! Trade Review For 09 May 2023 Fortunately, our trade managed to hit take profit 1 before reversing back to the upside! Took profit and shifted stop loss to break even to secure my profit! May 2024 Trade Results P&L for the month: +3.6R 01 May: +0.5R 02 May: +0.5R 03 May: +0.5R 06 May: +1.6R 09 May: +0.5R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R April: -7.75R
OANDA:XAUUSDLong
by Barry_Games_Trading
GOLD Trades Idea for Thursday 09 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 09 May 2024 SELL LIMIT Order: $2314.74 Stop Loss: $2321.78 Take Profit 1: $2307.94 Take Profit 2: $2298.91 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 below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 06 May 2024 We are still running this trade. This trade is testing our patience, let's continue to hold, I will provide constant updates until either take profit or stop loss has been reached! Trade Review For 08 May 2023 Once more, our directional bias proved correct. However, the price didn't retrace sufficiently to trigger our limit order. If it had, we could have profited handsomely and hit both our take profit levels precisely as planned! May 2024 Trade Results P&L for the month: +2R 01 May: +0.5R 02 May: +0.5R 03 May: +0.5R 06 May: +0.5R, Running The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R April: -7.75R
OANDA:XAUUSDShort
by Barry_Games_Trading
GOLD Trades Idea for Wednesday 08 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 08 May 2024 SELL LIMIT Order: $2322.36 Stop Loss: $2330.23 Take Profit 1: $2314.75 Take Profit 2: $2304.62 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 below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 06 May 2024 We are still running this trade, this price almost hit our take profit 2. Nonetheless, we must stick to our strategy and hold this trade until either stop loss or take profit 2 has been hit. Trade Review For 07 May 2024 Although our direction bias was correct, our limit order did not get trigger in. Let's try again! May 2024 Trade Results P&L for the month: +2R 01 May: +0.5R 02 May: +0.5R 03 May: +0.5R 06 May: +0.5R, Running The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R April: -7.75R
OANDA:XAUUSDShort
by Barry_Games_Trading
4
GOLD Trades Idea for Tuesday 07 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 07 May 2024 BUY LIMIT Order: $2307.27 Stop Loss: $2291.60 Take Profit 1: $2322.70 Take Profit 2: $2343.21 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 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 03 May 2024 Our Friday trade hit our stop loss at breakeven. We still profited a good 0.5R! Trade Review For 06 May 2024 Our limit order was triggered early, allowing us to enter before the price surged upward. Fortunately, this trade experienced almost no drawdown and quickly hit our take profit 1. I'm now in a risk-free position, so let's maintain our position until take profit 2! This is the ideal trade scenario for me: hitting full take profit with minimal drawdown. Let's hold and see how it unfolds! May 2024 Trade Results P&L for the month: +2R 01 May: +0.5R 02 May: +0.5R 03 May: +0.5R 06 May: +0.5R, Running The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R April: -7.75R
OANDA:XAUUSDLong
by Barry_Games_Trading
GOLD Trades Idea for Monday 06 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 06 May 2024 BUY LIMIT Order: $2293.91 Stop Loss: $2277.09 Take Profit 1: $2310.47 Take Profit 2: $2332.50 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 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 01 May 2024 Our 01 May trade managed to hit take profit 1 but hit our stop loss at break even, still a good win overall! Trade Review For 02 May 2024 Our Thursday trade also ends at take profit 1, before reversing almost immediately. Fortunately, I setup a price alert on the Tradingview app to alert me to take profit and shift stop loss to breakeven. If not this trade could have been in a loss. Trade Review For 02 May 2024 Friday was an important day because of FOMC US data. We trigger in our trade and hit take profit 1 all within an hour. This trade is currently running risk free now! Let's hope this trade can hit final take profit! May 2024 Trade Results P&L for the month: +1.5R 01 May: +0.5R 02 May: +0.5R 03 May: +0.5R + Running 06 May: Pending The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R April: -7.75R
OANDA:XAUUSDLong
by Barry_Games_Trading
2
GOLD Trades Idea for Friday 03 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 03 May 2024 SELL LIMIT Order: $2310.86 Stop Loss: $2326.77 Take Profit 1: $2295.21 Take Profit 2: $2274.40 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 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 01 May 2024 Our 01 May trade managed to hit take profit 1! I shifted stop loss to break even and I'm running risk-free trade! Trade Review For 02 May 2024 We trigger our second trade while taking profit for the previous trade but it has yet to hit either take profit 1 or stop loss. Let's continue to hold! May 2024 Trade Results P&L for the month: +0.5R 01 May: +0.5R 02 May: Running The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R April: -7.75R
OANDA:XAUUSDShort
by Barry_Games_Trading
GOLD Trades Idea for Thursday 02 May 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 02 May 2024 BUY LIMIT Order: $2299.54 Stop Loss: $2281.43 Take Profit 1: $2317.40 Take Profit 2: $2341.15 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 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 01 May 2024 Our limit order was triggered last night based on the US market data. We'll maintain this trade until either the stop loss or the first profit level has been reached! May 2024 Trade Results P&L for the month: 0R 01 May: Pending The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R April: -7.75R
OANDA:XAUUSDLong
by Barry_Games_Trading
Trades Idea for Wednesday 01 May 2024Happy Holiday in Singapore 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) Ideas For 01 May 2024 SELL LIMIT Order: $2316.86 Stop Loss: $2336.66 Take Profit 1: $2297.30 Take Profit 2: $2271.30 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 below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 30 April 2023 Our limit order almost triggered in, we could have won a full trade with +1.6x! Nonetheless, at least our direction bias was correct. Let's try again tomorrow! May 2024 Trade Results P&L for the month: 0R 01 May: Pending The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDShort
by Barry_Games_Trading
Trades Idea for Tuesday 30 April 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 30 April 2024 SELL LIMIT Order: $2336.52 Stop Loss: $2347.08 Take Profit 1: $2326.21 Take Profit 2: $2312.50 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 below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 29 April 2023 We have another partial win! but it hit my stop loss at breakeven before going back down again. Let's hope to get a full win next time! April 2024 Trade Results P&L for the month: -7.75R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 April no.2: -1R 10 April no.1: -1R 10 April no.2: -1R 11 April no.1: -1R 11 April no.2: -1R 12 April no.1: -1R 12 April no.2: -1R 15 April no.2: 1.5R 17 April no.1: -1R 17 April no.2: -1R 18 April no.1: -1R 18 April no.2: -1R 25 April: +0.5R 29 April: +0.5R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDShort
by Barry_Games_Trading
Trades Idea for Monday 29 April 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 29 April 2024 SELL LIMIT Order: $2342.60 Stop Loss: $2352.89 Take Profit 1: $2332.57 Take Profit 2: $2319.22 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 below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 26 April 2023 Although our direction bias was correct, the price went further up and did not trigger in our limit order. Let's try again tomorrow! April 2024 Trade Results P&L for the month: -8.25R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 April no.2: -1R 10 April no.1: -1R 10 April no.2: -1R 11 April no.1: -1R 11 April no.2: -1R 12 April no.1: -1R 12 April no.2: -1R 15 April no.2: 1.5R 17 April no.1: -1R 17 April no.2: -1R 18 April no.1: -1R 18 April no.2: -1R 25 April: +0.5R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDShort
by Barry_Games_Trading
Trades Idea for Friday 26 April 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 26 April 2024 BUY LIMIT Order: $2320.27 Stop Loss: $2304.78 Take Profit 1: $2335.51 Take Profit 2: $2355.78 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 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 25 April 2023 Thanks to the US market data, we successfully hit our first take profit target! However, the price retraced to our breakeven point, leading us to close the trade with a modest profit of 0.5R. This trade represents a positive step towards recovering from previous losses. April 2024 Trade Results P&L for the month: -8.25R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 April no.2: -1R 10 April no.1: -1R 10 April no.2: -1R 11 April no.1: -1R 11 April no.2: -1R 12 April no.1: -1R 12 April no.2: -1R 15 April no.2: 1.5R 17 April no.1: -1R 17 April no.2: -1R 18 April no.1: -1R 18 April no.2: -1R 25 April: +0.5R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDLong
by Barry_Games_Trading
Trades Idea for Thursday 25 April 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 25 April 2024 SELL LIMIT Order: $2327.62 Stop Loss: $2337.64 Take Profit 1: $2317.85 Take Profit 2: $2304.86 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 below 21 EMA, hence our bias is to SELL. We will place 1x SELL LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 24 April The price did not retrace far enough to our limit order. Let's try again tomorrow. April 2024 Trade Results P&L for the month: -8.75R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 April no.2: -1R 10 April no.1: -1R 10 April no.2: -1R 11 April no.1: -1R 11 April no.2: -1R 12 April no.1: -1R 12 April no.2: -1R 15 April no.2: 1.5R 17 April no.1: -1R 17 April no.2: -1R 18 April no.1: -1R 18 April no.2: -1R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDShort
by Barry_Games_Trading
Trades Idea for Wednesday 23 April 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 24 April 2024 BUY LIMIT Order: $2307.91 Stop Loss: $2291.22 Take Profit 1: $2324.35 Take Profit 2: $2346.22 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 1x BUY LIMIT orders at 38.20%, both stop loss at 0%, take profit 1 at 100% and take profit 2 at 127.20% Trade Review For 23 April The price went further down before retracing back to the opening price. Therefore, our limit order did not get triggered. Let's try again tomorrow. April 2024 Trade Results P&L for the month: -10.25R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 April no.2: -1R 10 April no.1: -1R 10 April no.2: -1R 11 April no.1: -1R 11 April no.2: -1R 12 April no.1: -1R 12 April no.2: -1R 15 April no.2: Running 17 April no.1: -1R 17 April no.2: -1R 18 April no.1: -1R 18 April no.2: -1R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDLong
by Barry_Games_Trading
Trades Idea for Tuesday 23 April 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 23 April 2024 SELL LIMIT Order: $2366.32 Stop Loss: $2392.32 Take Profit 1: $2340.58 Take Profit 2: $2306.34 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 below 21 EMA, hence our bias is to SELL. We will place 1x SELL 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 22 April The price did not retrace at all and head straight down. Therefore, our limit order did not get triggered. Let's try again tomorrow. April 2024 Trade Results P&L for the month: -10.25R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 April no.2: -1R 10 April no.1: -1R 10 April no.2: -1R 11 April no.1: -1R 11 April no.2: -1R 12 April no.1: -1R 12 April no.2: -1R 15 April no.2: Running 17 April no.1: -1R 17 April no.2: -1R 18 April no.1: -1R 18 April no.2: -1R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDShort
by Barry_Games_Trading
Trades Idea for Friday 19 April 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 19 April 2024 Trade Idea 1 SELL LIMIT Order: $2376.98 Stop Loss: $2393.11 Take Profit 1: $2361.09 Take Profit 2: $2352.45 Trade Idea 2 SELL LIMIT Order: $2380.73 Stop Loss: $2393.11 Take Profit 1: $2361.09 Take Profit 2: $2352.45 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 below 21 EMA, hence our bias is to SELL. We will place 2x SELL 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 15 April 2024 Our trade is still running, let's continue to hold until either take profit or stop loss hit! Trade Review For 18 April 2024 Both our trades got triggered and the market's mixed data caused the price to fluctuate in both directions. Nonetheless, let's continue to hold till either stop loss or take profit 1! April 2024 Trade Results P&L for the month: -8.25R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 April no.2: -1R 10 April no.1: -1R 10 April no.2: -1R 11 April no.1: -1R 11 April no.2: -1R 12 April no.1: -1R 12 April no.2: -1R 15 April no.2: Running 17 April no.1: -1R 17 April no.2: -1R 18 April no.1: Running 18 April no.2: Running The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDShort
by Barry_Games_Trading
Trades Idea for Wednesday 17 April 2024DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 17 April 2024 Trade Idea 1 BUY LIMIT Order: $2380.72 Stop Loss: $2362.81 Take Profit 1: $2398.38 Take Profit 2: $2407.99 Trade Idea 2 BUY LIMIT Order: $2376.55 Stop Loss: $2362.81 Take Profit 1: $2398.38 Take Profit 2: $2407.99 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 15 April 2024 Our trade is still running, let's continue to hold until either take profit or stop loss hit! Trade Review For 16 April 2024 None of our limit orders got triggered. Let's try again tomorrow. April 2024 Trade Results P&L for the month: -6.25R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 April no.2: -1R 10 April no.1: -1R 10 April no.2: -1R 11 April no.1: -1R 11 April no.2: -1R 12 April no.1: -1R 12 April no.2: -1R 15 April no.2: Running The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDLong
by Barry_Games_Trading
Trades Idea for Friday 05 April 2024DISCLAIMER 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 05 April 2024 Trade Idea 1 SELL LIMIT Order: $2292.69 Stop Loss: $2305.90 Take Profit 1: $2279.73 Take Profit 2: $2272.67 Trade Idea 2 SELL LIMIT Order: $2295.75 Stop Loss: $2305.90 Take Profit 1: $2279.73 Take Profit 2: $2272.67 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 below 21 EMA, hence our bias is to SELL. We will place 2x SELL 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 04 April 2024 Our first limit order was triggered during a period of high-impact news releases. This trade managed to reach Take Profit 1 before hitting stop loss at breakeven. April 2024 Trade Results P&L for the month: +1.75R 02 April no.1: +1.25R 04 April no.1: +0.5R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDShort
by Barry_Games_Trading
Trades Idea for Thursday 04 April 2024DISCLAIMER 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 04 April 2024 Trade Idea 1 BUY LIMIT Order: $2283.39 Stop Loss: $2265.26 Take Profit 1: $2301.27 Take Profit 2: $2311.00 Trade Idea 2 BUY LIMIT Order: $2279.17 Stop Loss: $2265.26 Take Profit 1: $2301.27 Take Profit 2: $2311.00 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 03 April 2024 We almost triggered a limit order and could have profited at least +0.5R. Let's give it another shot tomorrow. April 2024 Trade Results P&L for the month: +1.25R 02 April no.1: +1.25R The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDLong
by Barry_Games_Trading
1:5!King W. Harbmayg’s Journal Entry #40 “Direction” via 1H A. Is price above the 800 EMA? —yes! “Structure” via 15M A. How did yesterday's market structure conclude? —retraced! B. Identify yesterday’s range, expressed in pips! ~50 pips! C. Did price dump down into a local coordinate just prior to session open? —no but it respected the low set before open. still decent chance for success. D. Did the market invert from selling to buying pressure? —yes! Conditions are met! Place the buy position when most optimal!
Long
by Harbmayg
Mechanical Consistency Weekly Review 8; +8% Return.04 Sep to 08 Sep 2023 TL;DR Total Profit of approximately $800 (around +800%) for the 1st week of September 2023. Total 8 trades, 6 wins & 2 loss. 1-hour Timeframe, Oanda, XAUUSD(Gold), $10,000 Capital, $200/ 2% per trade. Mechanical Consistency Trading Strategy; Purely rule-based strategy, zero guesswork, zero analysis. Disclaimer: I am not a financial advisor. The content for this article is purely for educational/research purposes only and is merely based on my personal opinions. Please note: There will be affiliate links in this article. But it will only benefit both of us. If you do not wish to participate under my affiliate links, please feel free to Google them separately. Cheers! I'm truly thankful for yet another successful week employing my mechanical consistency strategy. My retracement trades are consistently delivering the expected results, while any losses I've incurred can be attributed solely to my mean reversion trades on Tuesday. Let's review every day. Monday (04 September 2023) 1x Win Trade Daily bias: Downtrend I was only able to trigger a retracement trade on Monday, but it turned out to be a highly profitable one. Despite the slowing down at night, I was fortunate that the price continued its downtrend the following day, reaching my desired profit level. Tuesday (05 September 2023) 2x Lose trades Daily bias: Downtrend The only losing days I've had this week were both due to my mean reversion trades. These trades carry significant risk since they go against the prevailing trend, relying on a rebound to reach my 21 SMA+EMA level. Unfortunately, the downward trend proved to be stronger, resulting in losses. Wednesday (06 September 2023) 1x Partial win & 1x full win trades Daily bias: Downtrend Contrastingly, I managed to secure a profit with my two mean reversion trades on Wednesday. Fortunately, the price did rebound successfully in both cases, albeit with the first trade yielding a partial profit and the second trade lasting until Friday morning. Nonetheless, I'm quite satisfied with the overall outcome. Thursday (07 September 2023) 0x trade Daily bias: Downtrend There were no trades on Thursday as my mechanical consistency strategy did not trigger any of my limit orders. It was yet another stress-free day for me. Friday (08 September 2023) 1x partial win 2x solid win trades Daily bias: Uptrend Friday turned out to be quite a rollercoaster day for me, with three consecutive trades triggering throughout the day. Fortunately, all of these trades ended in profit. The first mean reversion trade yielded a partial win, the second mean reversion trade was an immediate victory with zero drawdowns, and the third retracement trade delivered a profit by Monday morning. Endnote While I encountered some losses with my mean reversion trades due to their inherent risk of going against the trend, I also enjoyed significant profits from retracement and mean reversion trades that went as planned. Despite the fluctuations, my mechanical consistency strategy helped maintain a stress-free approach to trading, and I ended the week on a positive note, with successful trades on Friday. This experience reinforces the importance of a well-rounded trading strategy and the need to adapt to market conditions while remaining disciplined and focused on long-term goals. Learn My Strategy For Free As a full-time working individual, I do not have the time to constantly monitor the charts and look for the "perfect" trading opportunity. This is why I adopted the mechanical trading strategy to earn extra money. This approach eliminates the need for extensive technical or fundamental analysis and removes any guesswork. It is a 100% Mechanical rule-based strategy, ensuring disciplined and consistent decision-making. If you want to learn my strategy, please visit my blogging site, link in bio. Thank you!
OANDA:XAUUSDEducation
by Barry_Games_Trading