It's the mean 9, I just changed the offset to 36
Re: XARD - Simple Trend Following Trading System
13812Also see
Murrey math only over bough over sold levels also same page
0 + 0 = 0
Infinite / Infinite = 1
1 way to Heaven & it matters
Infinite / Infinite = 1
1 way to Heaven & it matters
Re: XARD - Simple Trend Following Trading System
13813Waited all day for this move only for it to happen when I was sleeping during the Tokyo session.
Re: XARD - Simple Trend Following Trading System
13814Using both 1hr and 15min TFs greatly helps with directional trading.
Also, keep in mind price off the daily open line.
Xard777
Also, keep in mind price off the daily open line.
Xard777
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XARD: If Carlsberg made charts... Probably the best charts in the world
Re: XARD - Simple Trend Following Trading System
13815Xard, your Index Entry has been a very good and major addition to my trading system as of recent.
I will like to know the foundational concept with which it is drawn ..
Thanks and well done to everyone on this platform. You guys are the best.
I will like to know the foundational concept with which it is drawn ..
Thanks and well done to everyone on this platform. You guys are the best.
xard777 wrote: Sun Jun 25, 2023 11:45 pm Using both 1hr and 15min TFs greatly helps with directional trading.
Also, keep in mind price off the daily open line.
Xard777
Re: XARD - Simple Trend Following Trading System
13816I am a bit confused on how exactly the "off the daily open line" should be interpreted:
Taking as an example your XAUUSD M15, after the 04:45 low:
Taking as an example your XAUUSD M15, after the 04:45 low:
- Wait for crossing the daily open, finding resistance, getting a second dot below at 08:45 and crossing above for long? (The "off" part means to get a bounce round the open line?)
- Or is it just that the price crossed the daily open from below? (The "off" part means to just cross the open line?)
xard777 wrote: Sun Jun 25, 2023 11:45 pm Using both 1hr and 15min TFs greatly helps with directional trading.
Also, keep in mind price off the daily open line.
Xard777
Re: XARD - Simple Trend Following Trading System
13817Try to think of the daily open cross, as the expansion of the daily candle, if gold was moving up, below the daily line has created the "wick" of the daily candle, and now it is working on expanding the body of the daily candle.chris006 wrote: Mon Jun 26, 2023 2:27 am I am a bit confused on how exactly the "off the daily open line" should be interpreted:
Taking as an example your XAUUSD M15, after the 04:45 low:
- Wait for crossing the daily open, finding resistance, getting a second dot below at 08:45 and crossing above for long? (The "off" part means to get a bounce round the open line?)
- Or is it just that the price crossed the daily open from below? (The "off" part means to just cross the open line?)
it's a way to interpret the daily bias
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Re: XARD - Simple Trend Following Trading System
13818 So you offer another interpretation, that of the daily candle being expanded into new territory, the Bid Ratio to be at 100% and price to continue in that direction.
What do other people think regarding the "off" part?
What do other people think regarding the "off" part?
Gethsemane wrote: Mon Jun 26, 2023 2:45 am Try to think of the daily open cross, as the expansion of the daily candle, if gold was moving up, below the daily line has created the "wick" of the daily candle, and now it is working on expanding the body of the daily candle.
it's a way to interpret the daily bias
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Re: XARD - Simple Trend Following Trading System
13819Good start for the week. Easy 50pips on London open. Hopefully we get another entry during NY session. XU-39 still my best template. Best price action dots/arrows for M15.
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Re: XARD - Simple Trend Following Trading System
13820I slept in today, so I missed the nice down move. However, I have been able to take two up moves on the 5min while making breakfast (as you do:-)
Xard777
Xard777
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XARD: If Carlsberg made charts... Probably the best charts in the world