Why am I doing this?
1. I think this will help me become a more disciplined trader, because working for myself is one thing, and showing the results of my work to other people requires a more responsible and thorough attitude to work.
2. I think my diary will be useful to other traders trying to follow the Xard system and asking too many repeated questions in his thread.
3. I want to show doubting people that this system is really profitable, and in my opinion it is one of the best systems available to the masses of traders for FREE!
Why did I take the Christmas setup as the basis? Because in my opinion this is the most high-quality and balanced set of indicators of all created by Xard to date. I constantly monitor his latest updates, but unfortunately the latest releases (Grail series) suffer from the excessive simplicity of the setups and rules and, as a result, the multiple false entrances to the position. But I really hope that by the time of the final release, the date of which is appointed by Xard on 05/18/2020, the maestro will take into account all the shortcomings of the current setups and the final release will not be worse (but I would like it to be better) of his Christmas present
What exactly did I bring to his system? The most significant changes are the addition of two indicators in a separate lower window and the change in the rules for entering and exiting positions. Speaking of rules ... I will not write a certain set of rules separately, it will be really difficult both for the description and for your understanding. Instead, I will describe in detail my thoughts on why I am opening or not opening a position at the moment. I think that after several such descriptions, a certain set of rules on how to enter the market will begin to independently form in your head.
Now a little about what to trade ... Following the recommendations of maestro Xard, I use his system to trade instruments with high volatility and sharp directional trends. This is the Dow Jones index and China 50 index, although the system can also be used to trade other indices, as well as gold, oil and some crosses, such as GBPJPY, GBPAUD, GBPNZD and other crosses with big ADR volume and volatility. In trading, I use the M5 and M15 timeframes.
So, let's begin.....