Re: XARD - Simple Trend Following Trading System

13743
ffsss wrote: Fri May 26, 2023 3:14 am This should be a buy, correct?
Image
Potentially
Assuming that is your lower/trading time frame, you need confirmation on higher time frame and wait for ma cross. You could be looking at pullback wave #2 of an Elliott Wave pattern, with wave # 3 taking price lower…can’t tell but maybe the large down move itself is part of a larger Elliott Wave pattern.

But yes, that is the idea of trading the 2nd dot. This is a point where it would be critical to show some patience. Remember, you’re looking to follow the trend and catch some good moves in the trend. By doing that, you reduce the chances of being in a buy and then watching as that big semafor goes lower and lower. Catching the first reversal is not the intention of Xard’s system.
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Re: XARD - Simple Trend Following Trading System

13744
DaveTrader wrote: Fri May 26, 2023 4:40 pm Potentially
Assuming that is your lower/trading time frame, you need confirmation on higher time frame and wait for ma cross. You could be looking at pullback wave #2 of an Elliott Wave pattern, with wave # 3 taking price lower…can’t tell but maybe the large down move itself is part of a larger Elliott Wave pattern.

But yes, that is the idea of trading the 2nd dot. This is a point where it would be critical to show some patience. Remember, you’re looking to follow the trend and catch some good moves in the trend. By doing that, you reduce the chances of being in a buy and then watching as that big semafor goes lower and lower. Catching the first reversal is not the intention of Xard’s system.
friend, in this example, if the higher chart time is crossed downwards, we should disregard this purchase, correct?

as it would be crossed in the larger chart time downwards, would we have to think only of sales?

if it's not too much to ask, could you give 1 example with pictures, of how to follow a trend from higher to lower chart time?

thanks for the help
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Re: XARD - Simple Trend Following Trading System

13745
Getting pretty interested in sells at around the red vertical line on the H1 chart and looking to take sells on the M5 chart, after the matching red vertical line. The sells lose some steam at the green vertical line where, I believe, the blue arrow/square first appeared. Then the blue arrow went down from the next daily open to the 2nd blue vertical and it has trouble breaking the open. That's a pretty good time to take a break, seeing as the square to square idea has played out nicely already. The blue vertical line is where I'd get more interested in buys.


There are a lot of good sub window indicators that help with re entries and possible pullbacks.
These two are:
SSL (histo + mtf)

Volatility Quality Zeroline d4
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Re: XARD - Simple Trend Following Trading System

13746
Try different time frame combinations. Sometimes you’ll find a certain tf appears very chaotic and choppy. Then upon switching tf’s, you see a nice clear map.

The M15/M1 combo is worth testing and trying out some different add-ons in demo. In a scalp or pullback mentality, trade in the direction of all but the smallest semafors of the M15 chart, on your M1 chart. I usually switch the M1 SSL and Volatility Quality Zeroline to on chart arrows. I will look for occurrences of a M1 semafor, then shortly after both arrows over the same candle, in suite with the latest large M15 semafor.

On demo or little risk mini account, it’s a great way to get a feel for the limits of your indicators, the pitfalls of a sideways market and is good practice of your risk management skills.

Re: XARD - Simple Trend Following Trading System

13747
DaveTrader wrote: Sat May 27, 2023 12:46 pm
Image


Getting pretty interested in sells at around the red vertical line on the H1 chart and looking to take sells on the M5 chart, after the matching red vertical line. The sells lose some steam at the green vertical line where, I believe, the blue arrow/square first appeared. Then the blue arrow went down from the next daily open to the 2nd blue vertical and it has trouble breaking the open. That's a pretty good time to take a break, seeing as the square to square idea has played out nicely already. The blue vertical line is where I'd get more interested in buys.



Image


There are a lot of good sub window indicators that help with re entries and possible pullbacks.
These two are:
SSL (histo + mtf)

Volatility Quality Zeroline d4
Thank you very much DT. Knowing the right time to start looking for entry matters a lot here.
Please I have a question, if you don't mind. How do you handle the NY Open? Do you always wait for the market to calm down before looking for entries? NYO often behaves like a red news release.
Thanks DT . Greetings to XARD and all the helpers here.

Re: XARD - Simple Trend Following Trading System

13749
waal69 wrote: Sat May 27, 2023 8:28 pm Thank you very much DT. Knowing the right time to start looking for entry matters a lot here.
Please I have a question, if you don't mind. How do you handle the NY Open? Do you always wait for the market to calm down before looking for entries? NYO often behaves like a red news release.
Thanks DT . Greetings to XARD and all the helpers here.
Unfortunately, I am just about always at work during NY open. For that reason, if I do happen to be off, I avoid the opening because of the lack of experience trading it...working diligently to remedy that whole "situation"
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Re: XARD - Simple Trend Following Trading System

13750
Good Saturday to Everybody here.

It's chart Preparation day!

Tweek Tweek :roll:

Testing new VSA NSND
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