Sell XAUUSD Signal Rules and Buy Signal Rules
XAUUSD System, what is xauusd system?
Sell XAUUSD Signal
So the above is a xauusd system, simple xauusd system that is a combination of two indicators.
- Moving Averages- 2 moving averages are used to form the Moving Average cross-over system. This cross over system generates signals when the 2 MAs cross over or under each other.
- RSI - RSI crossover over Center mark, 50 level mark, generates either a buy or sell trade signal.
- You'll also require to learn how to draw trend lines like the ones above so as to know when a trend is broken and when prices movement are about to change.
xauusd system
To generate a sell signal we use the following signals
Moving Average moving downward
RSI below the 50 center mark
For This system you would have placed the take profit at the support line where the price reached before pulling a retracement.
xauusd system
To generate a buy signal we use the following signals
Moving Average heading upward
RSI above the 50 center mark
Buy XAUUSD Signal
A system is a good method to generate signals and although the above example look simple trading the above signals in real time will take a lot of time before you can start to trade with the ease that profitable traders trade with. So take some time to practice the art of executing your trade signals that you generate from your xauusd system.
