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Re: XARD - Simple Trend Following Trading System

Skyold, Wed Aug 09, 2023 7:30 pm

xard777 wrote: Tue Aug 08, 2023 9:28 pm Keeping it Simple - Version 66 will be posted later this weekend with plenty of time to get used to it before the busy season.
That's right, September, October and November are the busy months where you make a killing.
It's going to be awesome.
Xard777

Fun Question...
Can anyone tell me what Direction we should have been trading the Dow Jones during the London Session this morning? Take your time!
Image
So now I have time that I can answer the question.

Of course, everyone is the best trader when the day is over and looks at the past.
1. first of all, the DJ has formed a double top on Friday and Monday at 35500.
2. on Monday 3 big dots are formed and I usually assume 5 points.
3. on Tuesday, despite the double top, I waited for a LONG trade. But this did not happen. After the first formed (1st ) blue dot it is upwards (pink dot) and there I waited for the blue candle. After that, the price fell below the blue dot.
4. that was the confirmation for the short trade on Tuesday (London session).
5. of course, it is my point of view and I assume that everyone has a different view of the chart.
Skyold
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