Two MA Strategy (XAUUSD, H1)
A straightforward H1 trend‑following play for gold.
Use two moving averages to define bias and wait for pullbacks in that direction; no chasing — only structured continuation.
Tools
- EMA20 & EMA50 (or SMA20 & SMA50) — direction via slope and relative position.
- ATR(14, H1) — stop and position sizing.
- Optional RSI(14) for momentum check.
Market logic
After a bull/bear cross with clean slope separation, the first orderly pullbacks tend to continue. We take those, not late breakouts.
Setup checklist
- Cross & slope: fast MA above/below slow and both angled (not flat).
- Structure: price makes HL above fast MA in uptrends (or LH below in downtrends).
- Location: pullback into the zone between MAs or to prior swing.
Trigger
- Long: rejection/engulfing that closes back with trend from the MA zone or swing.
- Short: mirrored for downtrends.
Entry
- Market on close of the trigger bar or limit into a shallow retest of the zone.
Stop Loss
- Beyond the pullback extreme or ATR(14) × 1.2–1.6 (whichever is wider).
Take Profit / Management
- TP1: take 1/2 at 1.2R–1.5R.
- TP2: trail behind MA20 or last swing low/high; trim near key session/weekly levels.
Filters & risk
- Skip when MAs are flat/tangled or during range sessions.
- Stand aside near tier‑1 USD news.
- Risk ≤ 0.5% per position; one active trade per direction.