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Re: XARD - Simple Trend Following Trading System

Musashi, Mon Mar 24, 2025 10:38 am

ozkan wrote: Fri Mar 21, 2025 9:24 pm I would appreciate if you could write the names of the numbered parts in the image I attached. Because I want to understand the method you explained here. I'm using a translation program.

Hi Familia,

AUS200 Open 11:50 - !2:15. Contra trend open. Dangerous, with lots of M15 and M5 Contra-indications.

However, I only trade the AUS200 and HK50. I understand the types of opens. It's Monday, so it could be a slow day.

In and out in 15-25 minutes. Today, one trade - M1 chart - Red Arrow -> Red Arrow VWAP -> 2nd dot (red small dot) - > Cross of Open line -> Entry

Exit at blue moving averages and Blue dot formation—That's it. Nothing is too hard; I just focus on what works for me and stick to as many rules as possible.

Pattern = Daily open gap up, price 'usually' retraces to cover some or all gap before bouncing up or some days continuation lower.

I know there may be better quality (A+) trades like last Thursday and Friday but I am working on the assumption that THIS is a BAD day.

I hope this helps - I know language is a huge obstacle to learning - Is the picture better this time?

I should also say, very tight stop management on days like today. If this had failed, the rule was to wait till much more congruence of signals or DONT TRADE.

Happy new trading week - best to all!
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