Good afternoon,
I think I am beginning to see things here.
I read pages 1 to 150 of this thread .
From what I understand, I just need to open two charts on my preference, which in my case ( the picture I uploaded),
there was a white green dot on 30 min chart which is a bullish bias, printed as cycle bottom ( Gold colour white dot) on 5 minute, i waited for DAX30 opening hours to trade, and it printed a second dot which is also a golden nugget setup. The indices seems to move more than currencies and that's why xard recommended to take profit at 38.2 ADR, take meat out from bone and call it a day.
This seems more like Elliot Wave theory. Waves within waves.
Have I missed out on anything still?
Also, xard's signature Use the Orange ZigZag line on the 15m chart as your Intra-Day Bias. WAIT! for the candle colour change for your first trade and use the Channel line as your 1st EXIT target, take additional trades off the 2nd dots (dots 2,4,6...) that appear and look for a higher Semafor as your 2nd EXIT Target.
does this mean he only monitor trades from the 15 minute chart now?
thank you.
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Re: XARD - Simple Trend Following Trading System
renaissance7, Mon Sep 06, 2021 4:13 pm