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Re: Trading XARD system (Christmas Setup)

Skyold, Sun Apr 05, 2020 2:12 am

ImpLaNT wrote: Fri Apr 03, 2020 12:35 pm Today the market gave me the opportunity to enter into DJI buy position from the daily pivot point, which almost completely (a divergence of 7 pips) coincided with the entry point that was at night. I hope for a further upward price movement, although I am considering a double top option ... I think that, as usual, everything will be decided at the nonfarm release.


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Hello ImpLaNT,
A red extreme spike is shown on the chart. Shouldn't you then wait for the second point to open a SELL postion?
I would like to understand better why you entered into a BUY postion and viewed the Extrem Spike as a ZZ line.
Thanks in advance and best regards
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