jasonx wrote: Sun Jun 07, 2020 8:17 pm hi guys and gals! i'm a realistic person and there really is no magic or holy grail with forex trading. we congratulate the traders who understand Xard777's Trend Following System. i've also tried using the system after reading and trying-to-understand the posts in this thread but i failed (see the 4 consecutive losses below)
you might ask "Are you the same person who requested for quick guide about the Xard777's Trend Following System a few weeks ago?" yes and please respect, i know that i am not the only one who's struggling to understand the system. so again, can anyone share their notes or guide on how to use this system (the indicators; recommended currency pairs; can it be used for other time frames; setting stop loss, target profit, entry; among others)?
You just don't know where to exit.
For sure, it's an uptrend all day.
You bought @ 1.07999 which is near Fibo 150%. You should exit @ Fibo 161.8%
Another way to trade is:
Long @ Fibo 100%. Exit Fibo 123.6%.
Long @ Fibo 123.6%. Exit Fibo 138.2%.
Long @ Fibo 138.2%. Exit Fibo 150%.
Long @ Fibo 150%. Exit Fibo 161.8%.
