Hi Nick,nick1975jan wrote: Tue May 20, 2025 11:17 pm hi bud, sorry still learning but can you tell me how you noticed the bullish signal pop up on your chart? thanks
XARD777's system is a trend-following strategy. You should be able to see price in a trend on your screen - then take a small bite.
The best advice I received in this thread early on was stick to one instrument. I trade the AUS200 - I stuck to this for a few years - have lots of notes and charts. I think I have a pretty good understanding of most scenarios. I know I can make a lot more $pips if I sit in front of the screen longer, but I am recovering from surgery and have limited time to trade.
Some days on the AUS200 like Monday and Wednesday are ranging days - so I started to look at JPN225 and HK50. I settled on HK50 and again have been trading to for a while now. I don't trade anything else..... So I have build up a feel for Price movement with these two instruments.
To be more specific - I hope the upward trend jumps out at you looking at the chart (1.) - if not get better at looking at charts and seeing the trend. [for best results a higher time frame trend is a must]. The Semaphore Vwap (XU AVWAP) is a great indicator (2.). XARD has used the triangle indicators to good effect in the past and lots of the community swear by them (3.). The Oracle is a great wee number to add (4.) - thank you very much Cagliostro! Lastly, the candles and the moving averages are an integral part of this strategy, especially for a final confirmation for entry.
There are other things that jump out as well like a Break-of-structure from the previous high (last pink dot), the panel on the right-top of the chart, and the reaction to yesterdays 50%. I also forget that one of the most obvious things with Indices is whether price is above or below the open line!
I hope this helps somewhat in your journey.