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Re: XARD - Simple Trend Following Trading System

knglerxst, Thu Sep 05, 2024 7:40 am

Phoenix36 wrote: Thu Sep 05, 2024 7:31 am Still learning, but took a few trades today. Got stopped out in the direction it was supposed to go anyways, but later realised I did not spot the AMD formation. But recovered the loss later in the day.

I did have a question on the Image below, since AM the BLUE UP Arrow has been visible and repainted and went down with the price. Its been a bit confusing for me, as I felt price was at a reversal point. But I saw it happen on all pairs today, so avoided it, but would be keen to understand why it happens.

Q3.png

All the semafors repaint. Until you see something like this, ignore the arrow and assume the downtrend is still in play.
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