jcorp01 wrote: ↑Fri Jan 03, 2020 6:57 amlsreis wrote: ↑Fri Jan 03, 2020 6:54 am
The red semaphore doesn't bother you here? I have been struggling to choose a good time to entry when a top/bottom semaphore has showed and usually opt to wait for a retrace in the opposite direction to complete before entering on price coming back in the right direction.
My question is how do you decide if the trend is on a local/absolute top or if it still has more to go?
Looks like Xard is showing the conclusion of the trade, and not the entry?
I'm still trying to find my groove with it and figuring out what timeframes to work from to get the most value day-to-day as an intraday trader and scalper.
But if you look at today's USDJPY, it looked like we were going UP, and we did for 10+ pips or so... however, we all saw a major dump to the downside.
Using Xard's set up on the 1 hr, I was able to avoid the Uptrend, and get in on the downtrend for 35+ pips.
Hello,Phantom5000 wrote: ↑Fri Jan 03, 2020 9:33 amHere is my 2 cents worth that may help make a few good trades as they do for me. These were my recent trade entries and exits. This is ONLY my way I trade Mr. Xard's Template and may not be suitable for others. I try to keep it simple & I hope it can help.
The way I trade Xard.jpg
thanks that you show us your way of trading Xard's method. I have one question though. Do you use a higher timeframe to confirm your trade or do you only trade in one timeframe only?
1) GBPNZD - LONG = +9 pips
2) USDJPY - SHORT = +5 pips
3) USDJPY - SHORT = +8 pips
4) GOLD - LONG = = +8 pips
= +30 pips
I also just stuck with the 30 minute timeframe, and flipping to the 5 to manage the trade.
All at the beginning of Tokyo. Will stop and resume again probably 2 hours after London open (it'll be 2AM my time).
PS. Still learning how to hold my trades for more... as you can see gold continues to go up and usdjpy continues to go down...
I like it... I jumped in as well... hard to stay out when the markets are moving and opportunity abounds...
First of all, i want to say many thanks to dear sir Xard for his new great job - Christmas setup.
But in my opinion, EA is necessary for its full use. Manually trading on fast time frames such as M5 or M15 is almost impossible due to the fact that being in front of the screen for days and nights is unreal. Namely, on these timeframes the setup is the most productive.
In this regard, the question ... Are there any coders, who are able to write EA based on Xard’s Christmas setup? And how does Sir Xard himself look at this? If some financial investments are needed to implement this idea, I think there will be those who wish, including myself, who are able to participate financially.
Is it possible to translate this idea into reality? And are there people who, like me, need such EA? What are your thoughts on this?