A successful and successful gold trader is sure to have the right trading strategy. So if you decide to plunge into the world of gold trading, it is certain you have a trading to maximize your profits and also reduce the potential loss that can happen. Here we include how you can maximize trading strategy that you can take advantage of whether you are a beginner trader or already professional.
GOLD SIMPLE AND SIMPLE GOLD TRADING ENGINEERING
In this technique using some indicators that are needed as a foundation of a trader determines when to enter the market and also exit the market.
EMA (Exponential Moving Average)
This indicator is useful in improving the movement of SMA (Simple Moving Average) which has a much slower movement. EMA is widely used in trading because its abilities and reactions are much faster than high school
RSI (Relative Strength Index)
This indicator is the development of an oscillator used to measure the average rise and fall in prices that can indicate oversold conditions and also over-buying. The probability of how much of a trend change can also be read from this indicator.
Stochastic Oscillator
This indicator is actually a very simple indicator, where this indicator is able to measure how much the oscillator momentum. From this indicator can be read when the price is in oversold and overbought conditions.
Combinations: 5 EMA + 10 EMA + Stochastic Oscillator + RSI
When to buy?
The EMA line 5 intersects with the EMA line 10
Stochastic was up but still <80
RSI> 50
When to sell?
The EMA 5 line is below the EMA 10 line
Stochastic down but still> 20
Check RSI whether oversold or overbought
PULLBACK GOLDEN GOLD TRADING
This is the best option for gold traders, because using this strategy is very possible to open and close your trading position on the same day. In addition, by using this strategy you get the entry and exit signals at once, you can also get information about the condition of the main trend.
EMA (Exponential Moving Average)
This indicator is useful in improving the movement of SMA (Simple Moving Average) which has a much slower movement. EMA is widely used in trading because its abilities and reactions are much faster than high school
Heikin Ashi
This indicator is very useful in determining the short term trend, very easy to read because there is no noise.
Combination: EMA 10 + EMA 30 + Heikin Ashi Candlestick Chart with time frame of 1 hour or 30 minutes.
When to buy?
EMA 10 rises above the EMA line 30
There is a significant gap between the 2 EMA periods
When to sell?
EMA 10 drops below EMA 30
There is a significant gap between the 2 EMA periods
EMA STRATEGY
EMA is an excellent indicator for gold trading, when combined with other appropriate indicators such as RSI and uses a large time frame
Combination: 5 EMA + 12 EMA + RSI + candlestick chart with 1 day time frame
When to buy:
EMA 5 rises above EMA 12
RSI <50
When to sell:
EMA drops below EMA 12
RSI> 50
CROSSOVER EMA
Still using EMA, but this strategy itself uses fast moving EMA to determine when to buy and sell.
Combination: EMA 10 + EMA 25 + EMA 50 + Chart Candlestick time frame 1 hour.
When to buy:
EMA 10 rises above EMA 25 and EMA 50
When to sell:
EMA 10 drops below EMA 25 and 50
CROSSOVER SMA (SIMPLE MOVING AVERAGE)
If you used EMA as the main strategy, now this is the most basic and simple trading strategy. Because basically SMA is the basic and basic of EMA. The advantage is that this strategy is easy to understand.
Combinations: 7 SMA + 14 SMA + 21 SMA, Candlestick Chart with all time frame.
GOLD SIMPLE AND SIMPLE GOLD TRADING ENGINEERING
In this technique using some indicators that are needed as a foundation of a trader determines when to enter the market and also exit the market.
EMA (Exponential Moving Average)
This indicator is useful in improving the movement of SMA (Simple Moving Average) which has a much slower movement. EMA is widely used in trading because its abilities and reactions are much faster than high school
RSI (Relative Strength Index)
This indicator is the development of an oscillator used to measure the average rise and fall in prices that can indicate oversold conditions and also over-buying. The probability of how much of a trend change can also be read from this indicator.
Stochastic Oscillator
This indicator is actually a very simple indicator, where this indicator is able to measure how much the oscillator momentum. From this indicator can be read when the price is in oversold and overbought conditions.
Combinations: 5 EMA + 10 EMA + Stochastic Oscillator + RSI
When to buy?
The EMA line 5 intersects with the EMA line 10
Stochastic was up but still <80
RSI> 50
When to sell?
The EMA 5 line is below the EMA 10 line
Stochastic down but still> 20
Check RSI whether oversold or overbought
PULLBACK GOLDEN GOLD TRADING
This is the best option for gold traders, because using this strategy is very possible to open and close your trading position on the same day. In addition, by using this strategy you get the entry and exit signals at once, you can also get information about the condition of the main trend.
EMA (Exponential Moving Average)
This indicator is useful in improving the movement of SMA (Simple Moving Average) which has a much slower movement. EMA is widely used in trading because its abilities and reactions are much faster than high school
Heikin Ashi
This indicator is very useful in determining the short term trend, very easy to read because there is no noise.
Combination: EMA 10 + EMA 30 + Heikin Ashi Candlestick Chart with time frame of 1 hour or 30 minutes.
When to buy?
EMA 10 rises above the EMA line 30
There is a significant gap between the 2 EMA periods
When to sell?
EMA 10 drops below EMA 30
There is a significant gap between the 2 EMA periods
EMA STRATEGY
EMA is an excellent indicator for gold trading, when combined with other appropriate indicators such as RSI and uses a large time frame
Combination: 5 EMA + 12 EMA + RSI + candlestick chart with 1 day time frame
When to buy:
EMA 5 rises above EMA 12
RSI <50
When to sell:
EMA drops below EMA 12
RSI> 50
CROSSOVER EMA
Still using EMA, but this strategy itself uses fast moving EMA to determine when to buy and sell.
Combination: EMA 10 + EMA 25 + EMA 50 + Chart Candlestick time frame 1 hour.
When to buy:
EMA 10 rises above EMA 25 and EMA 50
When to sell:
EMA 10 drops below EMA 25 and 50
CROSSOVER SMA (SIMPLE MOVING AVERAGE)
If you used EMA as the main strategy, now this is the most basic and simple trading strategy. Because basically SMA is the basic and basic of EMA. The advantage is that this strategy is easy to understand.
Combinations: 7 SMA + 14 SMA + 21 SMA, Candlestick Chart with all time frame.
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