Re: XARD - Simple Trend Following Trading System

19121
I had some results on the US30 trade yesterday, I gradually understood the strict rules of the system.
And this is lucky that the pattern it happened seems to be exactly the pattern that Mr. Curiroso often does and waits patiently.
And I closed the profit at 15r although the arrow in the opposite direction has not appeared yet but at that time on M5 there was an overbought sign
Thank you for everything, I will not stop trying to improve everyday
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Re: XARD - Simple Trend Following Trading System

19124
Of course you'll wait. Zoom out and you'll see that the trend is strong bullish at the moment.
tmostafa007 wrote: Fri Jan 24, 2025 6:44 pm Dear Curioso,

In this situation, all elements of the XARD system almost are aligning except for the daily open and ADR. Do you think it's correct to take a sell, or should I wait?"
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Re: XARD - Simple Trend Following Trading System

19125
I notice some members aren’t paying much attention to the y38%, y50%, and y62% levels. In my opinion, these levels are really important. As you can see in your example, the reaction at y62% shows a bounce to the upside. These levels are quite powerful and act like support and resistance. They can even help set your bias for the day once a rebound is confirmed.
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Re: XARD - Simple Trend Following Trading System

19128
I understand because I’ve experienced the same thing—despite being in a clear bullish trend, I’d unconsciously keep looking for sell trades and end up taking losses. It’s a psychological challenge, I suppose. That’s why I’ve been training myself to be disciplined by following this simple rule:
  • Focus ONLY on buy setups when ADR is at least 20% positive.
  • Focus ONLY on sell setups when ADR is at least 20% negative.
If the price moves against these rules, I remind myself that it’s just an anomaly and that tomorrow, the rules will likely hold true again. Training yourself to be disciplined is key to consistent trading success.
Ababai wrote: Fri Jan 24, 2025 10:16 pm Hello everyone. Tell me. Would it be right to enter the sale here? I need your comment.
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Re: XARD - Simple Trend Following Trading System

19129
budhi1976 wrote: Fri Jan 24, 2025 10:50 pm I understand because I’ve experienced the same thing—despite being in a clear bullish trend, I’d unconsciously keep looking for sell trades and end up taking losses. It’s a psychological challenge, I suppose. That’s why I’ve been training myself to be disciplined by following this simple rule:
  • Focus ONLY on buy setups when ADR is at least 20% positive.
  • Focus ONLY on sell setups when ADR is at least 20% negative.
If the price moves against these rules, I remind myself that it’s just an anomaly and that tomorrow, the rules will likely hold true again. Training yourself to be disciplined is key to consistent trading success.
Thank you budhi1976, for your comment. Yes, that's exactly how I sit and think. Here it is a U-turn, everything seems to be working out. But I'm confused by wap, day open, ADR. and HTF. As a result, if I had entered, there would have been a stop loss. Thanks again
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Re: XARD - Simple Trend Following Trading System

19130
Ababai wrote: Fri Jan 24, 2025 10:16 pm Hello everyone. Tell me. Would it be right to enter the sale here? I need your comment.
Budhi1976’s advice is spot-on and perfect for beginners. With more experience, you can try these kinds of setups. Here’s a good example: we had the same situation on XAUUSD and GBPUSD. I ended up going long on XAUUSD but went short on GBPUSD. My choice was based on how important the ZigZag (the second, i’m using the one from version v65m. ) is you absolutely have to consider it. Does it make a lower low? A higher high? Are those highs or lows confirmed by the next point being lower or higher than the previous one?

In the example on XAUUSD, we first see that the price is ranging, so you really need to be careful with your entries in this type of situation. Then, we want to wait for the ZigZag to show us the direction. In this case, we clearly see the breakout to the upside, which must be confirmed by a higher low (either second dots or mini). On GBPUSD, we see the opposite: a second dot is broken by the ZigZag, showing the price’s intention to go down. Again, we wait for confirmation with a lower high. Understanding market structure is really important, no matter the strategy. I recommend watching some videos on this topic or reading the PDF available in Xard’s versions. (Don’t mind my Windows Paint skills! :sweat: )

Keep in mind that it’s always best to follow the higher timeframe trend, but I think these examples can still help you in other situations.
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