Trades Idea for Wednesday 23 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 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
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
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.