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 22 Mar 2024 Trade Idea 1 SELL LIMIT Order: $2171.63 Stop Loss: $2186.38 Take Profit 1: $2157.13 Take Profit 2: $2149.24
Trade Idea 2 SELL LIMIT Order: $2175.05 Stop Loss: $2186.38 Take Profit 1: $2157.13 Take Profit 2: $2149.24
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%
March Trade Results
P&L for the month: -0.15R 01 Mar: +1.35R 06 Mar: +1.35R 08 Mar: +1.35R 11 Mar: -1R 12 Mar no.1: -1R 12 Mar no.2: -1R 13 Mar no.1: -1R 13 Mar no.2: +0.5R 14 Mar no.1: -1R 14 Mar no.2: -1R 15 Mar no.1: -1R 15 Mar no.2: +1.65R 18 Mar no.1: +0.5 19 Mar no.1: -1R 19 Mar no.2: +0.5R 20 Mar no.1: -1R 20 Mar no.2: +1.65R 21 Mar no.2: Running
The year 2024 Trade Results January: +2.6R February: +3.35R
Trade closed: stop reached
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Unfortunately we hit stop loss. Let's try again tomorrow.