Dear Curioso,
I entered this trade on my live account. It might seem like an early entry, but I felt it was the right moment. Let’s see how the price moves—hopefully, it hits my TP. I’ve set my target at 6,500 pips, though I’m not sure if it’s realistic. I’ve placed the SL below the upward arrow to give the trade some breathing room and plan to move the SL once the price shows a decent profit. What do you think, bro?
Let me explain my reasoning for entering this trade—for both myself and all members. First, there’s a big semaphore arrow up aligning with another semaphore arrow up, signaling strong upward momentum. Additionally, the price is trading above the daily open, and the ADR is above 15%, adding further confirmation. Another key factor is the small triangle that formed and was confirmed. Finally, when the second triangle appeared and the 2nd blue dot showed up, I might add another small lot of 0.01. If conditions remain favorable.
personal note: If this trade loses, I will re-enter once all the conditions are met again.
Lot size Risk % is: 5%
Attachments forums
Re: XARD - Simple Trend Following Trading System
tmostafa007, Tue Jan 14, 2025 6:15 pm