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Re: XARD - Simple Trend Following Trading System

16022 by Curioso
DaveTrader wrote: Wed Jul 03, 2024 6:29 am It will get more nuanced as you progress but yes, that’s more less it. Learning and applying proper risk management is another part of it. For anyone out there, no matter your opinion on prop firms, studying the methods traders use to oblige a firm’s risk management is a good and plentiful online resource.

Some successful traders cough…Curioso…cough use a bit higher % risk than some😉
Thanks for your words, it means a lot.

Re: XARD - Simple Trend Following Trading System

16023 by heyuen7
Curioso wrote: Wed Jul 03, 2024 6:44 am Hello heyuen7,

The best tip I can give you is to search this thread, perhaps your answer has already been given. If not, there are some very talented members of this thread who can help you clarify your questions.

There are certain myths that have been developed, but with discipline, focus and determination you will soon achieve your goals and I talk about that in post #1.
Thank you curioso… I think your trade post has already given the answer… xard system is not look for reversal but rather trade with the current trend and yes the 2nd dot/triangles and ema confirmations I have truly understood it… thank you guys I really appreciate it😁
These users thanked the author heyuen7 for the post (total 3):
Curioso, DaveTrader, Neroloft

Re: XARD - Simple Trend Following Trading System

16024 by Curioso
heyuen7 wrote: Wed Jul 03, 2024 7:47 am Thank you curioso… I think your trade post has already given the answer… xard system is not look for reversal but rather trade with the current trend and yes the 2nd dot/triangles and ema confirmations I have truly understood it… thank you guys I really appreciate it😁
Of course, i understand.

Remember, i don´t know your knowledge in xard, but if you are in the begin, not open nothing, observe only the beauty of chart power by xard, take your notes, for example, if you have affraid or doubts in some positions post here and is a pleasure togheter explain you what is the different between of that.

Thank you heyuen7 and DaveTrader, you give to me an idea, not today, because are busy days in only 5 pairs, but maybe if i have time this weekend i made an gift to you and for all the community enjoy that one to help.

ADDED NOTE: Only XU-v65m-Setup because is the latest version we have avaliable, and is the version i use.

Re: XARD - Simple Trend Following Trading System

16029 by Neroloft
DaveTrader wrote: Wed Jul 03, 2024 5:08 am Yes, the semafors in all versions repaint. That’s why we trade after the trend is more confirmed by the 2nd dot, MA cross and various other indicators and sub windows you see folks using. The exceptions to this would be the Index Entry and Caglioso’s stepMA entries, discussed here and in Caglioso’s thread…new traders beware, they can be more risky.

The main thing to remember is that Xard’s system is a trend following system. The idea is to take trades after the trend has established itself. As Xard said many times, “just take some meat off the bone”. There are PLENTY of pips to be had just riding the trend. You are NOT looking to get in at the first reversal and catch a rocket ship ride to the top or bottom.

You will miss some big moves and that’s ok. You must get away from the temptation to get in on every move, every time. Do not try to simply trade after every square arrow, that will ruin you. We have all seen the square arrow get bumped up or down for days on end. But we still make pips because the square was never “confirmed” with MA cross and a 2 large dot pattern, confirming the previous trend is still active.
cant agree much :thumbup: :thumbup: :thumbup:

i really cant help but smile when i hear/read complaints on indicators or systems like this. :)
(im tellin you guys you're in a right place/thread) if you all recall, ive posted that there are multiple entries to be done in xard strategy and you can use those to confirm trend momentum trades, but heres a tip:

solution to a fake setup.

(remember: a strategy or indicator is only as good as its user, and price is so dynamic it can prove a good setup wrong)

this is because you guys missed a component or two. ;) (assuming you already grasp the core concept of xard entry)
-you need to consider a trendline on the TF you are trading from :Shocked: (yes you need this to filter fake arrow dots) ;)
-then thats the time you wait for the price action to smash that trend line to create a 2nd dot for surefire sniper entry :)
-hope this helps :problem: :thumbup:
These users thanked the author Neroloft for the post (total 7):
Andreas2000, heyuen7, moey_dw, DaveTrader, knglerxst, 88FX88, Ricstar_8
"That which is, already has been; that which is to be, already has been;"

Re: XARD - Simple Trend Following Trading System

16030 by heyuen7
rajivdave222 wrote: Wed Jul 03, 2024 12:45 pm Dear I would be grateful to you if you tell or post the white arrow here,thank you in advance

The white arrow?? So far I think the white arrow recalculates well It doesn’t just immediately repaints but only after a certain amount of period.. I’m not sure if I used the outdated version or not but I do recall it happened when I did a trade on GU… any how I don’t really trade based on the white arrow.. just the dot and ema is enough 😅
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moey_dw, DaveTrader
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