XAUUSD - Simple Gold Trading Strategy - 13.12.2017

  • 13/12/2017
  • XAUUSD
  • Mid-Term

Mid Term Gold Trading Trading Review of XAUUSD currency pair - based on Masterforex-V New Technical analysis.

XAUUSD cryptocurrency review: On MN and w1 time-frame level this pair is in a flat phase. On d1 time-frame this pair is in a trend phase down with a pivot point protecting this trend. As long as this pivot point is not broken trend down will proceed. Gold trading is happening inside a trend phase down using trend following trading system.

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1. Strategy

Develop exact understanding of how Forex Market moves and identify the strategic direction.

2. Tactics

Create a Tactical plan for each trading session based on your strategy. Know what you are doing and when you are doing it.

3. Trading System

Trading system is just a set of mathematical rules and nothing more.