Trades Idea for Wednesday 17 April 2024
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 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
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
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.