Trades Idea for Friday 05 April 2024
Updated
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 05 April 2024
Trade Idea 1
SELL LIMIT Order: $2292.69
Stop Loss: $2305.90
Take Profit 1: $2279.73
Take Profit 2: $2272.67
Trade Idea 2
SELL LIMIT Order: $2295.75
Stop Loss: $2305.90
Take Profit 1: $2279.73
Take Profit 2: $2272.67
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 2x 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%
Trade Review For 04 April 2024
Our first limit order was triggered during a period of high-impact news releases. This trade managed to reach Take Profit 1 before hitting stop loss at breakeven.
April 2024 Trade Results
P&L for the month: +1.75R
02 April no.1: +1.25R
04 April no.1: +0.5R
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) Signal For 05 April 2024
Trade Idea 1
SELL LIMIT Order: $2292.69
Stop Loss: $2305.90
Take Profit 1: $2279.73
Take Profit 2: $2272.67
Trade Idea 2
SELL LIMIT Order: $2295.75
Stop Loss: $2305.90
Take Profit 1: $2279.73
Take Profit 2: $2272.67
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 2x 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%
Trade Review For 04 April 2024
Our first limit order was triggered during a period of high-impact news releases. This trade managed to reach Take Profit 1 before hitting stop loss at breakeven.
April 2024 Trade Results
P&L for the month: +1.75R
02 April no.1: +1.25R
04 April no.1: +0.5R
The year 2024 Trade Results
January: +2.6R
February: +3.35R
March: -2.90R
Trade closed: stop reached
Both trades end in loss...
Disclaimer
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