Trading Rules

• 1. Identify Market Trend: Determine the overall market trend (bullish or bearish) on the H4 timeframe (higher timeframe bias).
• 2. Trade Execution on M15: Execute buy/sell trades on the M15 timeframe using the BD indicator.
• 3. Trade with Trend:
  • Only take buy trades on M15 when the H4 trend is bullish.
  • Ignore short (sell) setups in a bullish market.
• 4. Support & Resistance Awareness: Identify key support and resistance levels before entering a trade.
• 5. Avoid Trading at Key Levels: Do not buy near resistance or sell near support.
• 6. Exit Trades on Trend Reversal: Close all open trades if the trend direction changes on M15.
• 7. Exit Trades Before Leaving Terminal: Close all trades before stepping away from the trading terminal.
• 8. Avoid Trading Before News Events: Do not enter trades before high-impact news releases.
• 9. Gold-Specific Rule: Close all gold (XAUUSD) positions before major news events.