Xauusd strategy reddit
Xauusd strategy reddit. Protect capital. 1. 60 and then goes long to fill the Imbalance to 2355. The XAUUSD is a popular currency pair in the forex market that represents the value of gold in terms of the US dollar. Sniper entries are most effective way for minimal drawdown. Articles, links, etc are all… A place to discuss forex strategy, ideas, analysis, and concepts. Below, we outline seven powerful strategies that blend technical analysis, price action, and risk management to help you succeed in gold swing trading strategy. Fed comments will also play a big role in where gold goes next. That doesn't tell us anything. I'm still analyzing how I can utilize SL for this strategy. com's Reddit Forex Trading Community! Here you can converse about trading ideas… Stay updated with the latest match list, live scores, and insights into the team's strategy under the guidance of coach Kumar Sangakkara. Nov 11, 2023 · XAUUSD Forex Strategies: How to Make Profitable Trades. Implementing the right XAUUSD swing trading strategy can be the key to capturing profitable opportunities in the gold market. RoboForex broker MT4 platform. As a trader, understanding the strategies that can help you make profitable trades in this pair is crucial. I really recommend only trading XAUUSD and spending all your trading time on one chart if you want to be successful with XAUUSD. The US PCE index release this week could shake things up, especially if the data surprises. com's Reddit Forex Trading Community! Here you can converse about trading ideas… Posted by u/Much_Speed6969 - No votes and 3 comments Welcome to FXGears. Good risk reward ratio 5:1 , 10:1 , 20:2. com, a trading forum run by professional traders. Indicators (all can be found on TradingView/MT4/MT5 for free) Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. Jan 29, 2024 · The “best” approach is highly individual, depending on your trading style, risk tolerance, and personal preferences. Looking for what you believe is a good setup, enter, and exit within 30 seconds, is NOT how you share your strategy. May 28, 2024 · XAU/USD is likely to stay volatile in the coming weeks as traders look for more clues on interest rates. No crypto!! We would like to show you a description here but the site won’t allow us. It’s a pair that tends to liquidate you more than give you 1 entry and run, and I’m speaking from experience. Most times I tried trading gold, I would end up losing 2-4 trades before I got the 1 runner so because of this I just stay away and trade other pairs that fits my style based on my testing Scalpin strategy Reddit example XAU/USD 30 minute chart with valid buy and sell signals from the system. So even if you lose some of your trades you will scale that hoe back up anyways iykwim It’s just constructive criticism they are instilling on you don’t get hurt by what they are saying just try to see what they are trying to say, which is almost every market is manipulated and if XAU/USD is the most manipulated then it is what it is at the end of the day it doesn’t matter why it’s the most manipulated, you either adjust your entries or you stop trading that pair it’s Posted by u/Much_Speed6969 - No votes and 3 comments Welcome to FXGears. 333K subscribers in the Forex community. I only trade XAUUSD. I feel like I have a good grip on its movement. After finding an effective strategy (ellliot wave theory, ict, etc), the cheapest way for most new traders to learn and gain experience is to pay an affordable monthly sub fee to a prop firm so you have skin in the game and not risk your only capital. In this article, we will explore four popular trading strategies for XAUUSD: Trend Trading. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. Posted by u/ufchris17 - 1 vote and no comments I wanted to share my strategy Well, to be fair, you probably deserve any negative comments considering you didn't share your strategy. So here's a slapstick trend-following strategy built to do exactly that. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. Trade this strategy on the daily chart of XAU/USD, XAG/USD, XPT/USD, and XPD/USD. Yes it does. 6 days ago · XAUUSD Swing Trading. It seems to me that in one month's time in 2020, the sell position was going south (as in loss lingo) and so the broker did a buy position and now the two positions are just in a tug of war and currently in no-man's land in between, all while being leveraged, of course. I developed this strategy on XAUUSD - 1m mainly for scalping, refined and reviewed it every weekend. Im very bearish on gold right now because i think Gold fills the Imbalance to 2303. Celebrate every six and wicket with fellow fans, discussing players' performances, auction strategies for 2024, and the iconic legacy of Shane Warne. You just have to be patient. Welcome to FXGears. 30 H1 / H… Jan 22, 2024 · Best Overall XAUUSD Trading Strategy. Scalp Day Trading. The image above is an example of the application of this trading system on a spot gold price chart with a 30-minute time frame. A place to discuss forex strategy, ideas, analysis, and concepts. If your strategy is consistent 70% 80% profitable,on those 20%-30% you don’t risk more then 10-20 pips max. No crypto!! 29K subscribers in the Forexstrategy community. Whether they are real and or sustainable through different markets is a different story. Scalp trading stands out to us as the best XAUUSD trading strategy for these reasons: Highest potential yield based on compounding gains; Ideal for both advanced traders and beginners (who are committed to learning) Ideal for structure of your day and trading during specific hours I am just a forex baby watching someone else's forex account to learn and the gold positions just suck. No crypto!!. Articles, links, etc are all welcome. Swing Trading. Implemented it on higher TF and it He can find a bunch of 75% 1:2 strategies on YouTube. In this 'automated version' I think it's profitable because there's no emotions/psychology involved at all. Of course I use SL/TP on manual trading. Breakout and Retest Trading. afle hsvujaej tvnusgkp mtyk bthrmf uhe fgfis otwqkg wewzfb gjuvxgr