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Re: XARD - Simple Trend Following Trading System

Vakarox, Fri Oct 11, 2024 3:55 pm

Hello, I hope you’re doing well and that you’re surpassing yourself each day. :star:

As for me, I spent the night revisiting some concepts and stayed up to observe the Asian session, which I find truly fascinating.
I realized that a key had been right in front of me this whole time: the fractality of the market, combined with the analysis of different time frames. I now use two windows with the same chart, and it has helped me a lot.

For example, on XAU, in the M5 time frame, you can see a clear entry if you repeat the pattern and only follow that time frame. But by zooming in on M1, you see several other potential entry points.

Another example is on JP225: in M1, I expected a reversal and entered a sell position (I lost a bit on that trade, but I understood my mistake). In reality, it was only a retracement on the M5, and I should have stayed in a buy position, like on XAU.

My question is simple and serves to confirm my reasoning: to anticipate a serious reversal, should I wait for confirmation on M5? Otherwise, it could just be a retracement if I only rely on M1, as in the case of JP225.

Obviously, for the more experienced among you, what I’ve shared might not bring anything new, but I’d really like to hear your thoughts and feedback. <3

I wish you all a wonderful journey on this long path.
Take care. <3
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