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Re: XARD - Simple Trend Following Trading System

xard777, Wed Sep 04, 2019 12:12 pm

Again, today HK50 target of 120 pips hit on +300 pips move in first hour of trading.
No need to be greedy and of course you are done for the day.

Q) How did I know it was going up and not going down?
A) The trading strategy used is a bias off the 1hr red cycle dots, you can see that the cycle is UP so all trading is UP moves only. Yesterday was an UP move off the red dots and today was an up move off the red dots.
You can see that last Friday (three trading days prior) that the red dots cycle was DOWN so all trades would be DOWN trades and you would have had some nice DOWN trades on the15 min chart.

This is Directional Trading 101
Charts used are from latest update on post #605 viewtopic.php?p=1295394788#p1295394788
All the best
Xard777
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