FoundryStrat - Ideas

This is a rules based strategy that we picked up from our friends at Trading College. We've taken one of their indicators and created an execution strategy that's really simple and based on 2 time frames - 4 Hour and Weekly. It's simply about buying green candles and selling red candles. The 4 Hour is when you enter with the Weekly being your confirmation. We also like the weekly to be trending up or down. If it's too sideways, you are going to get chopped up. On the right ha

This is a breakout play. Gold has been ripping higher over the last 12 months, and prior to that. Serabi Gold, a UK Listed junior gold minor has been benefiting from it's operational leverage tapping into gold's rising price. The strong uptrend started around Jan 2024, and it's moved from 40p to nearly 250p. But there's still opportunity. The chart taps into a 'step stair' style formation. Periods of consolidation followed by a pop up to the next level/step. Whilst the trend