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    XAUUSD

    Uploaded by

    anto joseph
    GOLD trading examples

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    XAUUSD

    Uploaded by

    anto joseph
    27 views8 pages
    GOLD trading examples

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

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    GOLD trading examples

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    27 views8 pages

    XAUUSD

    Uploaded by

    anto joseph
    GOLD trading examples

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 8

    @RTM_Academy

    How to Trade with pure RTM!


    TrueZoneTrade

    https://www.forexfactory.com/mrphi

    To trade in the RTM style, you must first be able to locate the orders, and the only way to find them is through
    Tracking Order, where orders are reviewed within FLs. We perform this task from a high time frame and optimize
    all areas until the 1-minute time frame.Here we are looking for a suitable area to trade in the XAUUSD currency
    pair. Please pay attention to the following images:

    We continue to track orders on the chart and move forward. All the areas identified on the charts are
    FlagLimits.
    MPL

    The MPL or Target location in this FL is marked with a red line, and when the price reaches there, it
    means the target has been touched. It is very important to understand whether MPL in an FL has been
    touched or remains fresh, or whether that FL has been engulfed or not. This helps us to predict the next
    price behavior.

    1
    Eng

    ORFL

    In the above and the next image, it is evident that the price has reached the target in green FL (green FL is
    Right Place) and the blue area is ORFL, where the price reaches its own target in ORFL after engulfing FL
    number one(1).
    In the image below, order tracking has been done at the top of the chart, and we have also identified area X,
    which has lead the price to target at FL1, and we continue to tracking orders there to find the next area with an
    order that has not reacted to the price and has remained fresh.

    x
    A

    Region A is a very important FL that can lead to a precise entry point and a good trade by tracking orders within
    it. As shown in the image , the price has shown a good reaction to MPL inside green FL, but we missed this trade
    and couldn't enter the market, so we have to wait for the next opportunity.

    Eng
    B

    ORFL

    The price has engufed FL B and returned to ORFL. With the help of Tracking Order, we have found the precise
    area to enter the market and set our limit order to enter the market.(D zone)
    Z ORFL

    Due to the upcoming weekend holidays , I prefer to close my open trades before the market closes. My first and
    safest target is MPL within Z ORFL. However, we know that the primary target has not been touched yet and is
    at a higher scale, as indicated in the following images.
    F

    The final target has been identified with green lines and by tracking order reamin orders found inside big F zone.

    To execute further trades, we need to wait for the price action in this area so we can make a confident trade.

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