To break down your trading plan for a short position in XAU/USD (Gold/US Dollar):

1. **Entry Price (Short Position)**: 2463.03
2. **Stop Loss**: 2465.89
3. **Take Profit**: 2434.29
4. **Risk-Reward Ratio (RRR)**: 1:10
5. **Risk Per Trade**: 1% of equity

Let's go through each component:

### 1. Entry Price
You are planning to enter a short position at 2463.03. This means you expect the price of gold (XAU) to decrease relative to the US dollar (USD).

### 2. Stop Loss
Your stop loss is set at 2465.89, which limits potential losses if the market moves against your position. The stop loss distance is calculated as:

Stop Loss Distance = 2465.89 - 2463.03 = 2.86 pips (or points)

### 3. Take Profit
Your take profit level is set at 2334.29. This is the price at which you would exit the trade for a profit. The take profit distance is:

Take Profit Distance = 2463.03 - 24334.29 = 28.74 pips (or points)

### 4. Risk-Reward Ratio (RRR)
The Risk-Reward Ratio is 1:10. This means you are risking 1 unit of currency to potentially make 10 units. The RRR is calculated by comparing the take profit distance to the stop loss distance:

RRR = (Take Profit Distance) / (Stop Loss Distance)
RRR = 28.74 / 2.86 ≈ 10

However, the given RRR in the details is 1:10. This discrepancy suggests either the take profit level or the risk per trade calculation needs review.

### 5. Risk Per Trade
You are risking 1% of your equity on this trade. To determine the position size, you would need to know the total equity in your account. The position size can be calculated using the formula:

Position Size = (Equity * Risk per Trade) / Stop Loss Distance

This will ensure that if the trade hits the stop loss, the loss will not exceed 1% of your total equity.

### Position Size Example Calculation
For instance, if your total equity is $10,000:

1% of equity = $100
Position Size = $100 / 2.86 ≈ 34.97 units (lot size depends on the broker's definition of a lot for XAU/USD)

Make sure to adjust your position size based on your broker's specifications and the actual equity you have.

### Summary
This setup outlines a potential high-risk, high-reward scenario. It's crucial to verify all details, particularly the alignment between your calculated RRR and the actual one given, and ensure that the stop loss and take profit levels align with your trading plan and risk tolerance.
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