My understanding with this XU system is - Great Grand Father to Great Grand Father is your trading BIAS .. In between you can choose which 2nd DOT you want to trade, if we start you have higher chance of staying in trade & profitable if you use Grand Father, Father, small dot is more like to be broken - Follow down or up from great grand father, wait for babies to appear, take trade in/out - once father appear .. there will be pull back .. once 2nd father appear price more like to go with true trend again, once grand father appear again expect pulll back. I tried to explain how I understand or look on chart..StuartWong wrote: Tue Oct 25, 2022 10:55 pm Dear Rogery,
Thank you for your 2cents which gives me clarity in the midst of my confusion.
Refer to the 1st chart:
(1) Great Grand Father at the Top & Father + 2nd red dot + RSIOMA mid line cross + crossing of the trend line = take sell trades of the 2nd red dot in the current TF, this is the bias until a Grand Father at the bottom. Exit with the HTF Green Dot in White Semafor.
Optional
(2) HTF Green Dot in White Semafor is considered as temporary market change, it is either a pull back / continuation of cycle. One can go to LTF, take a buy trade of the 2nd dot in the LTF.
Nevertheless, it makes good sense to follow the trend bias: Up trend, focus on taking buy trades. Down trend, focus on taking sell trades. This is to avoid confusion where one may forget the trend bias.
Refer to the current chart:
(1) Green Dot, White Semafor inside Pink Semafor + 2nd dot + RSIOMA mid line cross + crossing of the Trend line = take buy trades of the 2nd green dot in the current TF until a Great Grand Father i.e. Gold Square with Red Dot + 2nd red dot, it is time looking to take sell trades of the 2nd red dot.
Are the above statements correct?
One more question:
I can choose to stay with one single time frame or dual time frame, for instance M30/M5 to take trades based on the above statements?
With heartfelt thanks.
Stuart
Here is my entry and exit for London open and thought process. EXIT can be after candle change or dot appear or MA cross depend on you and what you looking to achieve or risk on.
just updated post with other chart and possible reentry for me.
