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Mechanicaltradingsystem

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 Friday 22 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 22 April 2024 Trade Idea 1 SELL LIMIT Order: $2400.73 Stop Loss: $2418.17 Take Profit 1: $2383.53 Take Profit 2: $2360.67 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 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% Urgent Message I deeply apologise for the losing streak, I wrote a short article about what happened and a future action plan for the Signal Newsletter moving forward. I have decided to revert to the original mechanical trading strategy. The current strategy's lower win rate has led to multiple losing streaks. To minimize further losses, I will provide only one trade signal daily. The core strategy remains unchanged, but I will eliminate trade No. 1 entirely. I apologize for any inconvenience. Let's stay focused and work diligently towards our common goal. 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 Thursday 18 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 18 April 2024 Trade Idea 1 SELL LIMIT Order: $2375.19 Stop Loss: $2395.89 Take Profit 1: $2354.73 Take Profit 2: $2343.60 Trade Idea 2 SELL LIMIT Order: $2380.01 Stop Loss: $2395.89 Take Profit 1: $2354.73 Take Profit 2: $2343.60 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 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 17 April 2024 Both our trades ended in a loss again... I apologise for the disappointing trade result. This marks the 5th losing day, I will 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: Running 17 April no.1: -1R 17 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 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 Tuesday 16 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 16 April 2024 Trade Idea 1 BUY LIMIT Order: $2355.95 Stop Loss: $2324.01 Take Profit 1: $2387.65 Take Profit 2: $2404.89 Trade Idea 2 BUY LIMIT Order: $2348.47 Stop Loss: $2324.01 Take Profit 1: $2387.65 Take Profit 2: $2404.89 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 12 April 2024 Unfortunately, both trades hit the stop loss before reversing up to both take profits... This marks the fourth losing day in a row. I apologize for the poor results, but I'm curious to see how far this losing streak can go. As my mentor once told me, you won't win every time, and you won't lose every time. Let's stick to the strategy, and we will become profitable! Trade Review For 15 April 2024 The price triggered our first limit order last night, let's continue to hold until either stops loss or take profit gets triggered in. 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 Monday 15 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 15 April 2024 Trade Idea 1 SELL LIMIT Order: $2382.74 Stop Loss: $2431.84 Take Profit 1: $2333.88 Take Profit 2: $2307.30 Trade Idea 2 SELL LIMIT Order: $2394.26 Stop Loss: $2431.84 Take Profit 1: $2333.88 Take Profit 2: $2307.30 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 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 12 April 2024 Our limit orders were triggered in the middle of the night, our trades are still open and running. We'll maintain our positions until either the stop loss or take profit 1 is reached. However, we need to exercise extreme caution due to the escalating tensions in Israel, which will directly impact gold and potentially lead to increased volatility. April 2024 Trade Results P&L for the month: -4.25R 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: Running 12 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 Friday 12 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 12 April 2024 Trade Idea 1 BUY LIMIT Order: $2351.75 Stop Loss: $2325.49 Take Profit 1: $2377.76 Take Profit 2: $2391.90 Trade Idea 2 BUY LIMIT Order: $2345.61 Stop Loss: $2325.49 Take Profit 1: $2377.76 Take Profit 2: $2391.90 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 11 April 2024 Unfortunately, we've hit a losing streak. Our trades began profitably with minimal drawdown, but the price reversed after the high-impact data from the US. Despite this setback, I'm not discouraged. We won't lose everything. Let's regroup and try again tomorrow. April 2024 Trade Results P&L for the month: -4.25R 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 The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDLong
by Barry_Games_Trading
Trades Idea for Thursday 11 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 11 April 2024 Trade Idea 1 SELL LIMIT Order: $2339.77 Stop Loss: $2360.40 Take Profit 1: $2319.40 Take Profit 2: $2308.31 Trade Idea 2 SELL LIMIT Order: $2344.58 Stop Loss: $2360.40 Take Profit 1: $2319.40 Take Profit 2: $2308.31 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 10 April 2024 Unfortunately, the U.S. CPI data caused both of our trades to crash. Let's regroup and try again tomorrow! Remember, persistence is key, and in the long run, we will come out ahead! April 2024 Trade Results P&L for the month: -2.25R 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 The year 2024 Trade Results January: +2.6R February: +3.35R March: -2.90R
OANDA:XAUUSDShort
by Barry_Games_Trading
Trades Idea for Wednesday 10 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 10 April 2024 Trade Idea 1 BUY LIMIT Order: $2351.33 Stop Loss: $2337.02 Take Profit 1: $2365.40 Take Profit 2: $2373.05 Trade Idea 2 BUY LIMIT Order: $2348.01 Stop Loss: $2337.02 Take Profit 1: $2365.40 Take Profit 2: $2373.05 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 09 April 2024 Same as yesterday, none of my limit orders got triggered in, let's try again tomorrow! April 2024 Trade Results P&L for the month: -0.25R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 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 09 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 09 April 2024 Trade Idea 1 BUY LIMIT Order: $2328.57 Stop Loss: $2302.73 Take Profit 1: $2354.16 Take Profit 2: $2368.08 Trade Idea 2 BUY LIMIT Order: $2322.53 Stop Loss: $2302.73 Take Profit 1: $2354.16 Take Profit 2: $2368.08 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 08 April 2024 Although my direction bias was correct, the price did not retrace enough to touch my limit order so no trade at all. We could have pocketed +1.25R! Nonetheless, let's follow our mechanical strategy and try again tomorrow. April 2024 Trade Results P&L for the month: -0.25R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 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 Monday 08 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 08 April 2024 Trade Idea 1 BUY LIMIT Order: $2299.15 Stop Loss: $2267.53 Take Profit 1: $2330.53 Take Profit 2: $2347.59 Trade Idea 2 BUY LIMIT Order: $2291.75 Stop Loss: $2267.53 Take Profit 1: $2330.53 Take Profit 2: $2347.59 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 05 April 2024 We experienced our first loss for April due to an unexpected turn of events that caused the price of Gold to rise, despite unfavorable US Data. Although we could have made a profit at take profit 1, the price did not drop further, coming close to reaching our target levels. Nevertheless, we remain optimistic and look forward to the next trade! April 2024 Trade Results P&L for the month: -0.25R 02 April no.1: +1.25R 04 April no.1: +0.5R 05 April no.1: -1R 05 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 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
Trades Idea for Thursday 02 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 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
OANDA:XAUUSDLong
by Barry_Games_Trading