TP: 2214.979
SL: 2400.746
In this trading strategy, we present a compelling opportunity for a short position on the XAUUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:6.
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. A rising EMA200 indicates a bullish bias in the overall trend, providing confirmation for potential long positions.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. A bullish crossover (when the MACD line crosses above the signal line) or divergence from the price action signals potential upward momentum, aligning with our long position strategy.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend. When the Supertrend line changes its color from red to green, it signals a shift from bearish to bullish sentiment, presenting a potential entry signal for long positions.
SL: 2400.746
In this trading strategy, we present a compelling opportunity for a short position on the XAUUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:6.
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. A rising EMA200 indicates a bullish bias in the overall trend, providing confirmation for potential long positions.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. A bullish crossover (when the MACD line crosses above the signal line) or divergence from the price action signals potential upward momentum, aligning with our long position strategy.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend. When the Supertrend line changes its color from red to green, it signals a shift from bearish to bullish sentiment, presenting a potential entry signal for long positions.
评论:
SL Moved to entry point
交易开始:
still active
交易开始:
still active. since the SL has been moved, it's now a risk-free trade. XAUUSD is in a temporary sideways trend. hopefully there will be a significant movement by today or early next week
评论:
moving downward. still trying to break the support
评论:
halfway to TP. nice downtrend. I expect the trade will be closed within this week
评论:
what a news. it's still going downward. still need more time to go to TP tho
评论:
last candle was really a fake out from the news!
交易手动结束:
Break even or mini profit. onto the next trade guys!