1 Hour Swing Trading System Rules: Gold Trading Rules of Swing Trading 1 H chart Timeframe

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

This 1 Hour Swing Trading System refers to a set of written xauusd trading rules that you as a gold swing trader follows to manage your xauusd trades on the 1 H 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 xauusd trading 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 gold 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 H chart - Swing Trading Using the 1 H chart

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

Choose Your Gold Chart Time Frame - 1 H Gold Chart

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

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

Define Entry and Exit Points

Buy Gold Signal

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

Sell XAUUSD Signal

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

Exit Gold Trading Signal

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

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

Write Down the 1 Hour Swing Trading System Rules

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

After using these xauusd trading 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 signals as shown below. Using these xauusd trading system rules - xauusd traders can determine when to enter and exit xauusd trades.

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