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Recap April 2024

 

Summary of April 2024 Signals:

  1. Signal #27: 2-Apr-24

    • Trigger: Buy breakout at 2302
    • Entry Level: 2206 - 2302
    • Outcome: Achieved a profit of approximately 300 pips with a single entry, without the need for a recovery mode.

  2. Signal #27-2: 3-Apr-24

    • Trigger: Buy breakout at 2306
    • Entry Level: 2265 - 2306
    • Outcome: Achieved a profit of approximately 220 pips with a single entry, without the need for a recovery mode.

  3. Signal #28: 5-Apr-24

    • Trigger: Buy breakout at 2330
    • Entry Level: 2267 - 2330
    • Outcome: Achieved a profit of approximately 120 pips with a single entry, without the need for a recovery mode.

  4. Signal #29: 8-Apr-24

    • Trigger: Buy breakout at 2365
    • Entry Level: 2303 - 2365
    • Outcome: Achieved a profit of approximately 250 pips with a single entry, without the need for a recovery mode.

  5. Signal #30: 15-Apr-24

    • Trigger: Buy breakout at 2398
    • Entry Level: 2324 - 2398
    • Outcome: Initially triggered a buy breakout with 170 pips floating profit but decided to hold, resulting in a reversal and hitting the stop-loss at 2324. Entered recovery mode by selling at 2324 level with double the lot size and closed at 2300. Market volatility increased significantly with market makers influencing both sides.

  6. Signal #31: 16-Apr-24

    • Trigger: Sell breakout at 2364
    • Entry Level: 2364 - 2398
    • Outcome: Initially triggered a sell breakout but hit the stop-loss at 2398. Entered recovery mode by buying double the lot size and closed at 2400. At this moment, gold reached its all-time high at 2431.

  7. Signal #32: 23-Apr-24

    • Trigger: Buy breakout at 2338
    • Entry Level: 2292 - 2338
    • Outcome: Achieved a profit of approximately 140 pips with a single entry, without the need for a recovery mode.

  8. Signal #33: 26-Apr-24

    • Trigger: Sell breakout at 2318
    • Entry Level: 2318 - 2352
    • Outcome: Achieved a profit of approximately 330 pips with a single entry, without the need for a recovery mode.

Throughout April, traders encountered profitable results at the beginning of the month. However, after gold reached its all-time high at 2431, market makers intensified their movements, causing significant volatility. As a result, there was a small overall loss for the month. 

 TimeSync has been launched with TP in pips version, aiming to standardize minimum targets per entry. Consideration is being given to taking only the most significant signals instead of all detected signals, which may reduce the number of TimeLine entries per month from 4-6 to 2-3.

 


 

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