My New Year resolution is to provide you with the tools and resources you need to succeed in your trading endeavors. This includes my XU v48 Goldband & Universe setups, as well as a comprehensive, step-by-step intra-day trading plan to help you make informed decisions and increase your chances of generating profits. I want to empower you to make it on your own and achieve a balance of profits over losses.

The Xard #2023 Day Trading Plan aims to minimize the number of steps needed to execute trades using a combination of the zigzag pattern and moving average crossover. This strategy can help us identify intra-day turning points and confirm them before entering a trade. To manage risk, we will use stop-loss orders, whether physical or virtual, to limit potential losses in the event that the price moves against our trade (My attempt to create order out of chaos).

Here is a step-by-step guide on how this strategy might play out:
1. Check the Daily Calendar: Look for major news events that can impact markets and avoid being caught off guard by unexpected market news.
2. Identify a zigzag pattern: Look for a series of peaks and troughs in the price action of the security. This pattern may indicate that a turning point is approaching.
3. Wait for confirmation: Once the zigzag pattern has completed, wait for the 9-ema moving average to cross the 36-ema trend line. This moving average crossing can serve as confirmation that the turning point is occurring.
4. Enter a trade: If you see a clear confirmation of the turning point, consider entering a trade in the direction of the anticipated move.
5. Set a stop-loss order: To manage risk, set a stop-loss order at the previous level of the zigzag. This will limit your potential loss if the price moves against your trade.
6. Exit Strategy: To be announced.

Having a well-defined trading plan can help you to trade with confidence and allow you to make more informed decisions about when to enter and exit trades.

The XARD #2023 Trading Plan can be expanded to include the use of 2nd dots that appear in the direction of the anticipated move. However, for now, I want you to focus on understanding the basics and simplicity of executing the plan as it is. We can revisit and revise the plan on a weekly basis as you become more comfortable with the strategy. The goal is to provide you with a solid foundation and help you get your head around the essentials before adding more complexity.

For now, let's establish a common plan and strategy, and practice it throughout January so that we are all on the same page. This way, we can be confident and well-prepared to trade using what we have learned for during the busy months of February, March, and April. By working together and sharing our knowledge, we can improve our skills and increase our chances of success in the market.

I will include in the XU 48-setup and the trading plan: Checking the daily calendar for major news events that can help you stay up to date on economic data releases, central bank policy announcements, and other events that could potentially impact the markets. By being aware of these events, you can plan your trades accordingly and potentially avoid being caught off guard by unexpected market moves. It's also a good idea to set alerts or notifications for any important events that you want to stay informed about. This way, you can stay on top of the news and make informed decisions about your trades.
All the best
Xard777

Note: Before sharing the new setup (allow a day or two), I want to ensure that the Xard Index line displays correctly on everyone's chart. I may need to add different versions of US30 & WS30 that are used by different brokers in order to achieve this.
Now I know that the Xard Index line is not included in the Trading Plan just now but it is another tool to have in our trading box.
I want to make sure that everyone has access to the necessary information and resources to make informed trading decisions.