Re: XARD - Simple Trend Following Trading System

14305
ODJ wrote: Thu Sep 28, 2023 8:06 pm Thanks!
From your entry point, why did you decide to buy?
The market dropped more than 100 points.
Definitely you would have been stopped out.

According to the chart posted, it was a SELL...as at the time of entry.
According to Xard system, when a large green arrow appears in bottom, and i see second point (Before its changed where i indicated on the graphic), after blue candle came in , i buy .


Re: XARD - Simple Trend Following Trading System

14309
You need to draw a channel of the 20 EMA High and Low as seen on this chart.
Markets ALWAYS retests the 20 EMA
Most of my entries are between the channel.
As soon as the bar turned RED, I was in to the downside.
Same thing is happening here again.
The price bar is RED.

But please be very careful on this one.
The market is trading inside the retracement\reversal zone.
I guess it might break through to the upside when the US stock market opens and the Labour news is released.
Attachments


Who is online

Users browsing this forum: AdeelFx0, Applebot [Crawler], Proximic [Bot], RACER-X, Sogou [Bot], Telegram [Bot] and 16 guests