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 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
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