Backtesting for 24 Jan (Tue): Gold

Technical Analysis:

NO 1: BUY (105 PIPS)
Entry: H1 RBS + M15 QMB (1931.19 - 1932.51)
Type: Continuation BUY
Exit: H4 QMS +DAILY QMS (1942.24)
Pips: 105 PIPS
Time: 12H - 16H
Duration: 4 hours
Sesh: Tokyo - London

NO 2: SELL (76 PIPS)
Entry: H4 QMS + DAILY QMS (1942.24)
Type: Reversal Sell
Exit: M15 RBS area (Demand area)
Pips: 76 PIPS
Time: 16H - 18:15H
Duration: 2:15 hours
Sesh: London

NO 3: SELL (221 PIPS)
Entry: H1 SR + M15 QMS
Type: Continuation Sell
Exit: H4 SS + H1 QMB
Pips: 221 PIPS
Time: 20:15H - 23H
Duration: 2:45 hours
Sesh: US

22:45H
High Volatility News

USD FLASH SERVICE PMI
- Good for currency / Gold weaken against USD ~ Gold traded to the downside

NO 4: BUY (195 PIPS)
Entry: H4 SS + H1 QMB
Type: Reversal Buy
Exit: M15 SR
Pips: 195 PIPS
Time: 23H - 23:45H
Duration: 45 mins
Sesh: US

23:00H
High Volatility News

USD Richmond Manufacturing Index
- Bad for currency / Gold strengthens against USD ~ Gold traded to the upside

NO 5: BUY (80 PIPS)
Entry: M15 BOS + BPE
Type: Continuation Buy
Exit: M15 QMS + H1 SR
Pips: 80 PIPS
Time: 00:45H - 03:45H
Duration: 3 hours
Sesh: US

Technical Analysis: 677 pips in total
Fundamental Analysis: 2 high impact news

1 Tokyo setup
2 London setups
3 US setups

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