Trading Gold

The gold market offers some great profit opportunities. This edge trades the gold market using very simple logic.

Edge Details

Market:

Gold

Security:

YG

Access Level:

Gold

Profit Factor: 2.24

Avg. Trade: $446

Win Percent: 53%

Trades: 97

A Closer Look

Gold Trading

Gold Trading

In the gold market, there are some very simple edges that have worked well over time. This edge is such a logic!

The edge is composed of:

  1. A range filter
  2. A price action filter
  3. Two types of different exits

1. A Range Filter

You can use range filters in a variety of different ways! This approach is a little different than what you use to see.

2. A Price Action Filter

A simple price action filter becomes the entry signals. The logic is symmetrical for long and short entries.

3. Two Types of Exits

The edge utilizes two types of exits. The first one is a price pattern, and the second one is a simple time exit.

Logic