Manoj's Trading Diary

manojborle

Well-Known Member
#81
OK, what are the paremeters for POC and RSI

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RSI with default setting of 14 period.



I am changing lines back to 100 now.
 
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manojborle

Well-Known Member
#83
hi manoj.. when do consider dips below rsi as buy..
for e.g. yest rsi crossed 65 on tradingtf. so today a dip below 40 we look to buy.?

also on daily tf.. its approaching selling rsi .. how to use that info during trading in trading tf.
I am using RSI as a timing tool with decision coming from volume profiles
 

manojborle

Well-Known Member
#84
I made a mistake with 8207 level, it should have been 8188 and as such todays breakout of Supply line is valid now and target is 8556. However the breakout candle is almost a DOJI and if high of today's candle breaks then I will consider it valid breakout.
Todays candle failed to break above yesterdays high, So I am considering this as invalid breakout.
 

manojborle

Well-Known Member
#85
hi manoj.. when do consider dips below rsi as buy..
for e.g. yest rsi crossed 65 on tradingtf. so today a dip below 40 we look to buy.?

also on daily tf.. its approaching selling rsi .. how to use that info during trading in trading tf.






 
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