Re: Live Trades & Ideas: XARD - Simple Trend Following Trading System

81
josi wrote: Fri Oct 16, 2020 8:56 pm
1. EURUSD is in a downtrend on H1
2. nevertheless the 2nd dot up has appeared on H1
3. there is strong res at 1.17188 (MM)
4. price has just bounced off (downwards) from the upward extreme of VWAP on M15
I don't know what 12.00 o'clock means (time zone!) - but just now EURUSD - for me - is not a buy on M15 (it was one on M15 4 hours ago).

Especially if price is in a range (see H1) you can have contradicting signals on different time frames.
Xard's system is a trend following system - if price is in a range different trading methods must be applied.
3. there is strong res at 1.17188 (MM)
I have a 4-mark broker, so 1.1719 is level 4/8


Re: Live Trades & Ideas: XARD - Simple Trend Following Trading System

83
RomanUkraine wrote: Fri Oct 16, 2020 9:05 pm 3. there is strong res at 1.17188 (MM)
I have a 4-mark broker, so 1.1719 is level 4/8
1. not on all TFs
2. If you read more about MM you will find out that 4-8 is a strong support and resistance. Price often fails there - at least for a while...
If you look at the screenshot 1.17035 might have been a good level to enter (2nd move).
But I'm not saying that it won't break through - price just often stalls at resistance.
There you are - 10 pips! Lucky guy, you are, as always.

Re: Live Trades & Ideas: XARD - Simple Trend Following Trading System

84
josi wrote: Fri Oct 16, 2020 8:56 pm
1. EURUSD is in a downtrend on H1
2. nevertheless the 2nd dot up has appeared on H1
3. there is strong res at 1.17188 (MM)
4. price has just bounced off (downwards) from the upward extreme of VWAP on M15
I don't know what 12.00 o'clock means (time zone!) - but just now EURUSD - for me - is not a buy on M15 (it was one on M15 4 hours ago).

Especially if price is in a range (see H1) you can have contradicting signals on different time frames.
Xard's system is a trend following system - if price is in a range different trading methods must be applied.

Also 4 hours ago: GBPAUSD was a simple and straighforward continuation buy.
Josi
Brother, thank you for the post. I do not trade strategically, I still trade "scalper" for 15-20p, I'm not a "super-trader". I consider myself "at the level of a novice user". So please express your thoughts and teach each other. I read your posts in the "Christmas collection" branch. I am still adapting and learning. Today I "came in late" on the rollback, but I agreed +10 points I could earn by coming in on time. And so stop-loss -9 points.

I read about all the indicators (about the majority). See the first posts here in the topic. I've never used Murray's levels before because I didn't know what information they carried.
If I use an indicator, then I need to know what it "says", what it shows, how it behaves and how it can help me.
My first posts were without "fractal - resistance-support" levels, and now it's present. I pay attention to this now.


Re: Live Trades & Ideas: XARD - Simple Trend Following Trading System

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josi wrote: Fri Oct 16, 2020 9:52 pm
Everything is possible (although GBPUSD did much better than EURUSD).
H4 looks very promising on EURUSD.
But if it closes above MM-res there is still the downtrend it has to work its way out of (see screenshot).
Then again trading is taking calculated risks.
This is the MARKET
Almost 100 points (4 characters) in 15 minutes. New DAY

Re: Live Trades & Ideas: XARD - Simple Trend Following Trading System

89
В 15:00 Америка (Нью-Йорк). Ще 30хв. Чекаю нових сигналів бо пропустив старі.
Всім профіту сьогодні.
Новий День - Нові СИГНАЛИ.
"Ржавий переклад ГУГЛ".
At 15:00 America (New York). I wait another 30 minutes for new signals because I missed the old ones.
I wish everyone a profit today.
New day - New SIGNALS.
"Google Rusty Translator".


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