Neroloft wrote: Wed Sep 18, 2024 9:04 pm If you guys cought this it's time to get out,
Price is in compression again @ key lvl. Now hunting for sell entry, let's see how price reacts @ 2580.xx area

Hey, how do you identify a key level? Is it an element of price action (S/R)? Does your experience allow you to detect it by looking at the chart?

Greg wrote: Wed Sep 18, 2024 9:15 pm Hey, how do you identify a key level? Is it an element of price action (S/R)? Does your experience allow you to detect it by looking at the chart?

It's called screentime bro, screentime.
I might have been trading long enough so I see this price behaviour

HIN later, this might be the catalist for gold to drop deeper back to 2500.xx lvl.
Let's see how market behave later
PS I'll pass this one, I don't trade news

There are several ways to determine when price might turn around:

• Oscillator such as RSI or Stochastic to check OverSold / OverBought
• Support resistance or Supply demand Indicator
• Multi timeframe analysis (Price action / Market Structure)
• Combination of all above

But then again, as Neroloft says, screentime I believe plays the most important element. You can watch a bunch of indicators but will always hesitate to take action without enough screentime.

Greg wrote: Wed Sep 18, 2024 9:15 pm Hey, how do you identify a key level? Is it an element of price action (S/R)? Does your experience allow you to detect it by looking at the chart?

budhi1976 wrote: Wed Sep 18, 2024 10:30 pm There are several ways to determine when price might turn around:

• Oscillator such as RSI or Stochastic to check OverSold / OverBought
• Support resistance or Supply demand Indicator
• Multi timeframe analysis (Price action / Market Structure)
• Combination of all above

But then again, as Neroloft says, screentime I believe plays the most important element. You can watch a bunch of indicators but will always hesitate to take action without enough screentime.

You are right indicators can help, but months or years spent in front of the chart ie experience will always give the best confirmation

Neroloft wrote: Wed Sep 18, 2024 9:04 pm If you guys cought this it's time to get out,
Price is in compression again @ key lvl. Now hunting for sell entry, let's see how price reacts @ 2580.xx area

just right where i expect price to react, 2580.xx level LOL

and there goes the mighty 2nd d0t

Dear Curioso,

I think it's time to create another video with more detailed explanations for trading on the 1-minute chart using the new XARD version 15 . If you're able to do that, please share it with us so we can learn more

I believe we need more clarification on the following points:


1. How to avoid false signals, especially when a big arrow or dot appears in the opposite direction, often leading to confusion and poor decisions.
2. How to accurately identify the correct entry point, along with the proper stop loss level.
3. The best time to exit a trade.
4. The most effective secondary indicator to increase confidence in trades.
5. How many pips to focus on. For instance, I’ve noticed you hold trades even when multiple dots appear, which could cause hesitation or a change of mind.

I know I’m still asking a lot of questions, but I’m struggling to fully understand. I’ve read many of the comments starting from page 1, but I’m still feeling confused.

thanks in advance

Today has not been a very good day for me. I have eaten a couple of SLs and I missed the long entry in gold this morning. But hey, as our colleague 88FX88 says, step by step, little by little.

tmostafa007 wrote: Thu Sep 19, 2024 12:11 am Dear Curioso,

I think it's time to create another video with more detailed explanations for trading on the 1-minute chart using the new XARD version 15 . If you're able to do that, please share it with us so we can learn more

I believe we need more clarification on the following points:

please allow me to share my thoughts base on my experience:

1. How to avoid false signals, especially when a big arrow or dot appears in the opposite direction, often leading to confusion and poor decisions.

- false signals are in inevitable as there's no perfect system out there even semafors we use repaints. but xards trend following is so far the best thing that happen to me in terms of fx trading, the mighty 2nd dot entry is the best

2. How to accurately identify the correct entry point, along with the proper stop loss level.

-again theres no 100% accuracy in entry, coz if there is we can be all millionairs, unless you have access on brokerss order flow maybe you can do the most precise entry to the dot. i try not to over complicate entries, 2nd dot coupled with a decent oscillator or two is enough to make a decision to take a trade.

3. The best time to exit a trade.

-the best exit is when the dot after your entry appears, but... it depends on your skillls and risk if your willing to add up entries or layers to max your profits
i am an experienced trader and somehow i had develop trading management which works for me. and im telling you its not the exit you should be concern of but the risk and trade management, along with your experience you will be able to develop what fits you. this is certain if you will continue to this difficult journey of trading

4. The most effective secondary indicator to increase confidence in trades.

-theres none. whats in the system is enough for you to make a successful trade. just choose any of the flavors xard has provided. while other versions are so appealing to the eye, i chose which one works for me and thats the XU-65 my only issue is my pc lags just that so i had no choice but to find alternatves to cope up with the xard trend following system

5. How many pips to focus on. For instance, I’ve noticed you hold trades even when multiple dots appear, which could cause hesitation or a change of mind.

-focus on the basics (once you see the next dot get out of the trade) and with enough screen time you can develop or will discover that you can extend your risk appetite

I know I’m still asking a lot of questions, but I’m struggling to fully understand. I’ve read many of the comments starting from page 1, but I’m still feeling confused.

-weve all been there in your shoes, your not alone

thanks in advance

-you're welcome

regards,
nero

Dear Neroloft,

I really like the simplicity and clarity of the chart—it’s great.

Dear Neroloft and Curioso,

I know both you and Curioso trade using the same concept, but my question is also for Curioso:

What pattern are you looking for?
Sometimes I see you take a trade right after the big arrow appears
Other times after two dots.
Sometimes after four small dots.
And other times after a big dot, then a blue dot, and then a pink dot.
Also some time you are using the triangle. and after you count 2 dots and take trade

"What is the ideal pattern I should follow to enable taking many trades per day?" I’m really confused.

I am under the impression that Curioso would like to show you there are many ways to trade using XARD system, you only have to choose one or 2 that suitable for you.
For example: I only trade big arrow + 2nd mini dots (triangle), with stop loss right at big arrow, This way I don't have to sit in front of my PC all day.

tmostafa007 wrote: Thu Sep 19, 2024 1:15 am Dear Neroloft,

I really like the simplicity and clarity of the chart—it’s great.

Dear Neroloft and Curioso,

I know both you and Curioso trade using the same concept, but my question is also for Curioso:

What pattern are you looking for?
Sometimes I see you take a trade right after the big arrow appears
Other times after two dots.
Sometimes after four small dots.
And other times after a big dot, then a blue dot, and then a pink dot.
Also some time you are using the triangle. and after you count 2 dots and take trade

"What is the ideal pattern I should follow to enable taking many trades per day?" I’m really confused.