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1 Hour Swing Trading System Rules: Gold Trading Rules of Swing Trading 1 Hour chart Time Frame

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

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

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

Examples of 1 Hour Swing Trading System below:

1 H Candle Breakout Gold System - Swing Trading 1 H XAUUSD Chart - Draw Candle Trading Charts on Platform

Writing Gold Rules of a 1 Hour Swing System - Swing Trading 1 Hour chart - Swing Trading Using 1 H chart

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

Step 1:

Choose Your Gold Chart Timeframe - 1 H Gold Chart

Step 2:

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

Step 3:

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

Step 4:

Define Entry & Exit Points

Buy Gold Signal

  1. Both Moving Average technical indicators pointing up
  2. RSI gold indicator above 50
  3. Stochastic oscillator technical indicator heading upwards

Sell XAUUSD Signal

  1. Both Moving Average technical indicators pointing down
  2. RSI xauusd technical indicator below 50
  3. Stochastic oscillator technical indicator heading downwards

Exit Gold Trading Signal

  1. Moving Average technical indicators gives opposite signal
  2. RSI xauusd technical indicator gives opposite signal
Step 5:

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

Step 6:

Write Down the 1 H Swing Trading System Rules

Step 7:

Test the 1 H Swing System on a xauusd trading practice trading account

After using these xauusd trading step by step course you can come up with the written 1 Hour Swing System Rules as illustrated below.

Writing 1 H Swing System Gold Rules

1 H Gold Chart Trend Following System - How Do You Interpret and Draw Trading Trendlines on Trading Charts?

Examples of How to Write the Best 1 Hour Swing Trading System Rules

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

1 Hour Swing Strategy

1 Hour Swing System - 1 Hour chart Trend Following System - H1 Candle Breakout Gold Trading System

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 System - 1 Hour chart Trend Following System - 1 Hour Candle Breakout Gold Trading System