Order Block Trading Strategy | Backtesting GOLD | XAUUSD | Week 4

Backtesting Order Blocks on the XAUUSD / GOLD for the timeframe of January 18th 2021 to Jan 25th 2021, using the 4H and 15M timeframes.

I reveal the full Order Block Strategy for the medium timeframe.

A really simple strategy with brilliant results and a bit of a headache in the middle!

XAUUSD (Gold) is a pair that I love to trade and I simply use this Order Block Strategy along with risk-level entries, so you're seeing it as I would do it.

TIMESTAMPS:
02:35 Trade No. 1
04:44 Premium vs Discount in Forex
13:05 Standard reversal pattern for LTF entries
19:52 Trade No. 2
23:37 Forex Continuation Pattern MISSED trade
33:13 Trade No. 3 Inside Bar Order Block
36:05 When confused always bring it back to basics
39:28 Trade No. 4 & 5
42:32 Missed Trade
44:02 Missed Trade AGAIN!
45:24 Trade No. 6

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DISCLAIMER
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched, and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex Market, you should carefully consider your investment objectives, level of experience, and appetite for risk. Most importantly, do not invest money you cannot afford to lose.

#Backtesting #orderblocks #XAUUSD