80s 1 Hour Forex Swing Trading System

1 Hour Swing Trading System Rules: Gold Trading Rules of Swing Trading 1 Hour Gold Chart Timeframe - Swing Trading Using The 1 Hour Gold Chart

To create a 1 Hour Swing Trading System that generates the gold trading signals on the Hour Gold Chart shown below - Swing Trading 1 Hour XAUUSD Trading Chart - Swing Trading Using The 1 Hour Gold Chart. We shall use the 1 Hour Gold trading chart to write the rules of this trading system - 1 Hour Swing Trading System.

This 1 Hour Swing Trading System refers to a set of written gold rules that you as a gold swing trader follows to manage your trades on the 1 Hour Gold Charts. These gold trading system rules must be written down so as to guide you. This learn gold trading system tutorial will explain how to write the rules of your gold system.

The keyword is a SET OF Gold Trading RULES which you must follow when trading. If you don't follow the gold rules of your trading system then you don't have a Gold Trading System. Gold systems must have rules which are written down within your Gold trading plan.

Example of 1 Hour Swing Trading System below:

Writing Gold Rules of a 1 Hour Swing Trading System - Swing Trading 1 Hour XAUUSD Trading Chart - Swing Trading Using The 1 Hour Gold Chart

You can come up with the above 1 Hour Swing Trading System using the steps below:

Step 1:

Choose Your Gold Chart Time Frame - 1 Hour Gold Chart

Step 2:

Choose Gold Indicators that Identify a New Gold Trend - Moving Average Crossover Gold System.

Step 3:

Choose Gold Indicators that Confirm the Gold Trend - RSI Indicator, Stochastic Indicator

Step 4:

Define Entry and Exit Points

Buy Entry - Buy Signal

1. Both Moving Average indicators pointing up
2. RSI indicator above 50
3. Stochastic oscillator indicator moving up

Sell Entry - Sell Signal

1. Both Moving Average indicators pointing down
2. RSI indicator below 50
3. Stochastic oscillator indicator moving down

Exit Signal

1. Moving Average indicators gives opposite signal
2. RSI indicator gives opposite signal

Step 5:

Calculating risks in each trade - Select the number of Pips to set for the gold stop loss order for your open trades

Step 6:

Write Down the 1 Hour Swing Trading System Rules

Step 7:

Test the 1 Hour Swing Trading System on a gold demo practice trading account

After using these step by step guide you can come up with the written 1 Hour Swing Trading System Rules as shown below.

Writing 1 Hour Swing Trading System Gold Rules

Example of How to Write The Best 1 Hour Swing Trading System Rules

This 1 Hour Swing Trading System produces the gold trading signals as shown below. Using these gold trading system rules - traders can determine when to enter and exit trades.

1 Hour Swing Trading System - 1 Hour Gold Chart Trend Following System - 1 Hour Candle Breakout XAUUSD Trading System - Swing Trading Using The 1 Hour Gold Chart

We have completed writing the gold rules, if you are researching on how to create the best 1 Hour Gold system - this learn gold trading system guide - you can also include the 1 Hour Swing Trading System Rules in your Gold Trading Plan.

1 Hour Swing Trading System - 1 Hour Gold Chart Trend Following System - 1 Hour Candle Breakout XAUUSD Trading System - Swing Trading 1 Hour XAUUSD Trading Chart - Swing Trading Using The 1 Hour Gold Chart

80s 1 Hour Forex Swing Trading System

Source: https://www.tradeforextrading.com/gold/index.php/1-hour-swing-trading-system