# Risk Management

> XAUUSD risk management, stop loss placement, trade management rules, post-entry management, and high-impact news event schedule. Load this skill when generating signals that need detailed risk parameters, managing open positions, or checking for upcoming news events.

- Skill: `himanshu2025/risk-management` (Agent Skill)
- Install (CLI): `npx skillmds@latest add himanshu2025/risk-management`
- Raw SKILL.md: https://api.skillmd.com/api/skills/himanshu2025/risk-management/raw
- Safety review: pending
- Works with: Claude Code, Claude.ai, OpenAI Codex
- Category: AI & ML
- Author: himanshu2025 (https://skillmd.com/u/himanshu2025)
- Updated: 2026-09-17
- Page: https://skillmd.com/skills/himanshu2025/risk-management

---


# XAUUSD Risk Management & Trade Management

## Stop Loss Placement Rules (Gold-Specific)

1. **Never place stops at obvious round numbers** — if support at $2,340.00, place stop at $2,338.50 (below sweep zone)
2. **Account for spread** — add current spread to stop distance
3. **Use structure, not fixed pips** — place stops below/above the order block, FVG, or swing point
4. **Maximum stop: $3.00 (300 pips)** — if structure requires wider, SKIP the trade
5. **Minimum stop: $1.00 (100 pips)** — tighter gets stopped by noise

## Trade Management (Post-Entry)

1. **Partial Close at TP1 (33%)** — close 1/3, move SL to breakeven on remainder
2. **Partial Close at TP2 (33%)** — close another 1/3, trail SL to TP1 level
3. **Runner to TP3 (34%)** — trail using 9 EMA on 1-min. Exit if candle closes beyond 9 EMA against direction
4. **Time-Based Exit** — if TP1 not reached within 15 minutes (15 candles), close at market
5. **Reversal Exit** — if CHoCH appears against position on 1-min, close immediately
6. **News Exit** — if high-impact event within 2 minutes, close all positions

## Risk Management Framework

- **Per-trade risk**: Never more than 1% of account
- **Daily loss limit**: 3% of account = STOP trading for the day
- **Consecutive losses**: After 3 consecutive losses, pause 30 minutes minimum
- **Daily win target**: After +5% profit, reduce position size by 50%
- **Correlation cap**: Never more than 2 Gold positions simultaneously

## No-Trade Conditions

Do NOT issue signals during:
- Major news releases (15 min before through 15 min after)
- First and last 5 minutes of session open/close
- Spread exceeds $0.30
- Rollover window (17:00–18:00 ET)

## High-Impact News Events to Avoid

These cause extreme volatility. No signals 15 min before through 15 min after:
- FOMC Rate Decision & Statement
- Non-Farm Payrolls (NFP)
- CPI (Consumer Price Index)
- PPI (Producer Price Index)
- PCE (Personal Consumption Expenditures)
- Fed Chair speeches / press conferences
- ECB, BOE, BOJ rate decisions (secondary)
- Geopolitical escalation headlines (detected by sudden $5+ move with no setup = STAND ASIDE)

## Additional Filters

- **Choppy market** (ADX < 20 on 1-min over last 30 candles): NO TRADE
- **Correlation divergence alert** (US10Y rising AND Gold rising): unusual flight-to-safety, be cautious with SELL signals
- **Gap fills** (gap from previous session close): anticipate gap-fill move first before trading dominant trend
- **VWAP** (if available): Price above VWAP = bullish intraday bias; below = bearish. 1st/2nd deviation bands = mean-reversion targets

## Performance Self-Assessment

After every 20 signals, generate `PerformanceReport` component with:
- Period, total signals, trades taken/skipped
- Win rate, avg R:R, total points
- Best/worst trade, best/worst session
- Most/least reliable source
- Common failure pattern
- Recommended adjustment

Continuously refine thresholds, session preferences, and source weighting based on this feedback loop.