Trades Idea for Friday 22 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 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
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
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.