Re: XARD - Simple Trend Following Trading System

19103
You were trading against the blue arrow's direction. When the price pulled back and formed a violet dot, you needed to be cautious. If a blue dot appears above the blue arrow, it’s a signal to exit the trade immediately.
Ababai wrote: Thu Jan 23, 2025 5:47 pm I went in before the blue dot appeared. Did I understand you correctly, after the blue dot appeared when the candle color changed, I had to get out??
These users thanked the author budhi1976 for the post (total 2):
Ababai, Curioso

Re: XARD - Simple Trend Following Trading System

19104
budhi1976 wrote: Thu Jan 23, 2025 6:27 pm You were trading against the blue arrow's direction. When the price pulled back and formed a violet dot, you needed to be cautious. If a blue dot appears above the blue arrow, it’s a signal to exit the trade immediately.
Dear Budhi Bro,
Thank you for all your time and valuable contributions to the forum.

Could you kindly confirm whether the "DN SQUARE" displayed in the bottom left corner indicates that one should focus on SELL entries?

Additionally, I would greatly appreciate it if you could elaborate on the following concept:
If a blue dot appears above the blue arrow, it’s a signal to exit the trade immediately.
Thanks once again for your guidance and support.
These users thanked the author mazibee for the post:
Ababai


Re: XARD - Simple Trend Following Trading System

19106
Be aware that "DN SQUARE" appeared later after the blue dot, and it only becomes valid after you see 2nd violet dot.
If a blue dot appears above the blue arrow, it’s a signal to exit the trade immediately.
Because that blue dot was blue arrow's 2nd dot, signal to enter buy trade. Hence if you were in sell trade, it only logical to exit your position and cut your loss.
mazibee wrote: Thu Jan 23, 2025 6:40 pm Dear Budhi Bro,
Thank you for all your time and valuable contributions to the forum.

Could you kindly confirm whether the "DN SQUARE" displayed in the bottom left corner indicates that one should focus on SELL entries?

Additionally, I would greatly appreciate it if you could elaborate on the following concept:


Thanks once again for your guidance and support.
These users thanked the author budhi1976 for the post (total 2):
mazibee, Ababai

Re: XARD - Simple Trend Following Trading System

19109
Brilliant! As long as you recognize the patterns, follow the rules, and pair them with solid money management, you’re on the right path to becoming consistently profitable.
Ababai wrote: Thu Jan 23, 2025 8:41 pm Thanks budhi1976.
Now I have taken 100 points on the fall of gold.
I came in a little early. but then I saw all the patterns.
I was supposed to come in 60 minutes later. After the pink big dot
These users thanked the author budhi1976 for the post (total 2):
Curioso, lukgoku