1 Hour Day Trading Strategy Rules: XAUUSD Rules of Day Trading 1 H Chart Timeframe

To create a 1 Hour Day Trading Strategy that generates the xauusd signals on the H XAUUSD Chart shown below - Day Trading 1 H Chart - Day Trading Using 1 H Chart. We shall use the 1 Hour xauusd chart to write the rules of this xauusd strategy - 1 Hour Day Trading Strategy.

This 1 Hour Day Strategy refers to a set of written gold rules that you as a xauusd swing trader follows to manage your trades on the 1 H XAUUSD Charts. These xauusd strategy rules must be written down so as to guide you. This learn xauusd strategy guide will explain how to write down the rules of your xauusd trading strategy.

The keyword is a SET OF RULES which you must follow when trading. If you don't follow the xauusd rules of your xauusd strategy then you don't have a XAUUSD Trading Strategy. XAUUSD Trading strategies must have rules which are written down within your xauusd trading plan.

Example of 1 H Day Trading Strategy below:

Writing Rules of a 1 H Day Strategy - Day Trading 1 H Chart - Day Trading Using the 1 H Chart

You can create the above 1 H Day Strategy using the steps below:

Choose Your XAUUSD Chart Time Frame - 1 H XAUUSD Chart

Choose XAUUSD Technical Indicators which Identify a New XAUUSD Trend - Moving Average Crossover Strategy.

Choose XAUUSD Indicators that Confirm the XAUUSD Trend - RSI Technical Indicator, Stochastic Indicator

Define Entry & Exit Points

Buy Gold Signal

1. Both Moving Averages pointing up
2. RSI above 50
3. Stochastic oscillator heading up

Sell Gold Signal

1. Both Moving Averages pointing down
2. RSI below 50
3. Stochastic oscillator heading down

Exit Trading Signal

1. Moving Averages technical indicators gives opposite trading signal
2. RSI indicator gives opposite trading signal

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

Write Down the 1 H Day Trading Strategy Rules

Test the 1 Hour Day Strategy on a practice xauusd trading practice account

After using these xauusd step by step guide you can create written 1 Hour Day Trading Strategy Rules as illustrated & shown below.

Writing 1 H Day Strategy XAUUSD Trading Rules

Examples of How to Write the Best 1 H Day Strategy Rules

This 1 Hour Day Trading Strategy produces the xauusd signals as shown below. Using these xauusd strategy rules - traders can determine when to enter and exit trades.

1 Hour Day Strategy - 1 H Chart Day Strategy - 1 H Candle Break out Strategy

We have completed writing the xauusd rules, if you are researching on how to create the best 1 H XAUUSD Trading strategy - this learn xauusd strategy tutorial is a good guide - you can also include the 1 Hour Day Trading Strategy Rules in your XAUUSD Trading Plan.

1 Hour Day Strategy - 1 H Chart Day Strategy - 1 H Candle Breakout Strategy