Backtesting for 6 Dec (Tue): Gold
Technical Analysis
NO 1: BUY (103 PIPS)
Price went long for 103 pips respecting the H4 QMB (1767.42 - 1765.35)
Time: 03:30H (US Sesh)
NO 2: SELL (89 PIPS)
Price respect the H4 SBR + H1 BOS + M15 Precise Zone (1777.00 - 17754.63) and went short for 89 pips, it did not break any Support level, trend remain bullish
Time: 10:15H (Tokyo Sesh)
NO 3: BUY (135 PIPS)
Price the same H4 QMB (1767.42 - 1765.35) but much more precise at M15 breakout QMB (1767.63 - 1766.98) and went long for 135 pips. Price breaks 2 H1 Resistances, trend remains bullish.
Time: 14:00H (Tokyo Sesh)
NO 4: SELL (99 PIPS)
Price reversed at H1 QMS + M15 Precise QMS and went short for 99 pips. Price breaks 1 H1 Support and the trend has changed to bearish.
Time: 20:00H (US Sesh)
There is no high impact catalyist USD for the day. With using solely technical analysis, collected total pips for 6 Dec is 426 pips.
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