FUNTRADER-Vera
Short

XAUUSD:629 FIRST TRADE

FX:XAUUSD   Gold Spot / U.S. Dollar
212 7 3
ENTRY:1320(618)
SL:1322
TP:1310
Trade closed: stop reached: REENTERY AT1223
Comment: 1323
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A sell @ 1319.28 would be OK or bad?
Reply
DEPENG ON YOUR SL
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HanHarbin FUNTRADER-Vera
So 1317.51 and 1314.65 will be ur first and 2nd profit target respectively? How do you determine whether to exit then?
Reply
rsi and trendline.
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HanHarbin FUNTRADER-Vera
OK. Thx
Reply
HanHarbin FUNTRADER-Vera
Reasoning for adopting 7 periods for RSI? Is it more sensitive or what?
Reply
yup, and I trade with 15m RSI(20-90)
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