Re: XARD - Simple Trend Following Trading System

1782
normannasty wrote: Fri Mar 13, 2020 1:32 am I want to go buy here. Am I correct? The 4 hr timeframe also shows uptrend.
Lower low confirmed by 2nd dot. there was alittle pullback. I dont care the red dot with the arrow because its reapint if the price go higher? After how many candles its not repaint?
xard could someone tell me what are the dots (blue red etc ) do they repaint?
also whats the significance of ALL the different colours etc?
lastly xard youre the rock star of forex station rock on mate!!!!!

Re: XARD - Simple Trend Following Trading System

1783
aviator4200 wrote: Sat Mar 14, 2020 10:10 am

Hello jcorp01,

Thank you for posting this indicator. This will really help. I have attached your chart with arrows.

What kind of indicator is that?

Can you please kindly attach that here.

Thank you!
that indicator show suports and resistances, repaint soo you most learn to use it, take it like a reference.
These users thanked the author Cladi39 for the post (total 2):
aviator4200, StuartWong

Re: XARD - Simple Trend Following Trading System

1784
jcorp01 wrote: Sat Mar 14, 2020 9:09 am The ADX SAR indicator that Xard provided previously helped save me from making more losing trades than I needed to. It allowed me to get into trades earlier and bank my profits and get out fast... in this volatile messy movement market, I'm seeing that scalping works best FOR ME...

I was up for all of Tokyo, London and New York today... never done that before and needless to say, I need to sleep.

All in, I did 18 scalp trades.

4 Losses

= 77% win rate

In a crazy market like this, I'm super happy with ending in positive pips.

Just keep testing if you're struggling. I came across Xard's systems last September... looked simple (it is), but kept moving on to other systems, but found myself coming back over and over again until I decided to stick with it, make tweaks of my own and find my groove.

Do the same... it'll pay off for you eventually if you keep going and learning from your mistakes.

I've attached the ADX SAR that Xard provided previously.

Keep in mind, I've only tested it with 1 min. scalp trades. Do your own testing.
Hello jcorp01,

Words of wisdom in this post!
looked simple (it is)

decided to stick with it, make tweaks of my own and find my groove.


As a veteran trader, trading for a living, I have done all the above and more. The best advice I can give anyone is find what works for you - don't try to copy how someone else trades - no-one can trade like you, me or Xard, we are all individuals with unique trading styles and personalities.

The latest Xard template with the directional arrows and dots is really "Trading For Dummies" but still requires good Money Management and trading psychology practices.

""The new template is all colour coded, BUY on a Blue Candle, SELL on a Pink Candle. ""

As I posted earlier, I already have a successful system BUT it is STRESSFUL. At this time in my life, I need to take the stress out so I am finding what I need from Xard's stuff to do just that so I take out what doesn't help me and add in what does.

I am a Price Action trader and, try as I can, cannot follow indicators (you can't take the spots off a leopard) but Xard's cycle work - dots and semafors is something else which fits my trading style - it really is good, nay, it is bloody good!

I, too, scalp M1 using M5 when price is in a range or consolidating and swing trade when price trends. Xard's stuff helps me with swing trading but screws me up on scalping. In scalping mode, I trade the extremes (highs and lows) so the candle and background colours are always against the way I trade and mess with my trading brain.

I have 2 templates now both tweaked for my trading style and personality - one for scalping and one for swing trading.

This is what I use for scalping:
I need to see price action so I need actual candles; the MAs and ribbon are similar to what I use. The cycle and semafor arrows and dots are what help reduce the trading stress for me so they are now front and centre in my scalping mode. The cycle channel is helpful when it is in confluence with supply and demand zones.

My Swing template is as above but with the background colours added back in
When price closes above the trend line and the candle colour matches the background colour, I am trying to switch to the latest Xard template so that price fluctuations against the swing do not play with my mind.

I was up for all of Tokyo, London and New York today... never done that before and needless to say, I need to sleep.

Please be careful doing this! A Brit lady trader in West Coast Canada on my thread used to do this and made herself really ill so much so that she was hospitalised. She was a very good trader and specialised in Crude and eventually moved back with her Mum in England so she could trade London. Make sure you are not Living To Trade - we only Trade To Live. Staring at the one eyed monster for hours on end will do you in. Just trade long enough to make your daily bread. I just trade the NY open to NY lunch and the rest of the day is free.

To summarise, newbie traders, as long as they have a basic understanding of trading, can take Xard's latest template and just trade as in Post 1792. Those with year's of experience can either do the same or tweak it to suit THEIR trading style and personality. The most important thing to remember is that being consistently profitable or not has nothing to do with your system, it is all about trading psychology and how YOU apply and trade YOUR system. Again, YOU cannot trade like me, Xard or all the other consistently profitable traders - YOU have to find what works for YOU.

I hope this helps those struggling with trading
These users thanked the author Senior Rob for the post (total 3):
RplusT, Skyold, StuartWong
Cheers,

""There is nothing to fear but fear itself"" - Franklin D. Roosevelt

Rob


Re: XARD - Simple Trend Following Trading System

1787
Senior Rob wrote: Sun Mar 15, 2020 3:56 am
Hello jcorp01,

Words of wisdom in this post!
looked simple (it is)

decided to stick with it, make tweaks of my own and find my groove.


As a veteran trader, trading for a living, I have done all the above and more. The best advice I can give anyone is find what works for you - don't try to copy how someone else trades - no-one can trade like you, me or Xard, we are all individuals with unique trading styles and personalities.

The latest Xard template with the directional arrows and dots is really "Trading For Dummies" but still requires good Money Management and trading psychology practices.

""The new template is all colour coded, BUY on a Blue Candle, SELL on a Pink Candle. ""

As I posted earlier, I already have a successful system BUT it is STRESSFUL. At this time in my life, I need to take the stress out so I am finding what I need from Xard's stuff to do just that so I take out what doesn't help me and add in what does.

I am a Price Action trader and, try as I can, cannot follow indicators (you can't take the spots off a leopard) but Xard's cycle work - dots and semafors is something else which fits my trading style - it really is good, nay, it is bloody good!

I, too, scalp M1 using M5 when price is in a range or consolidating and swing trade when price trends. Xard's stuff helps me with swing trading but screws me up on scalping. In scalping mode, I trade the extremes (highs and lows) so the candle and background colours are always against the way I trade and mess with my trading brain.

I have 2 templates now both tweaked for my trading style and personality - one for scalping and one for swing trading.

This is what I use for scalping:

a.PNG

I need to see price action so I need actual candles; the MAs and ribbon are similar to what I use. The cycle and semafor arrows and dots are what help reduce the trading stress for me so they are now front and centre in my scalping mode. The cycle channel is helpful when it is in confluence with supply and demand zones.

My Swing template is as above but with the background colours added back in

b.PNG

When price closes above the trend line and the candle colour matches the background colour, I am trying to switch to the latest Xard template so that price fluctuations against the swing do not play with my mind.

I was up for all of Tokyo, London and New York today... never done that before and needless to say, I need to sleep.

Please be careful doing this! A Brit lady trader in West Coast Canada on my thread used to do this and made herself really ill so much so that she was hospitalised. She was a very good trader and specialised in Crude and eventually moved back with her Mum in England so she could trade London. Make sure you are not Living To Trade - we only Trade To Live. Staring at the one eyed monster for hours on end will do you in. Just trade long enough to make your daily bread. I just trade the NY open to NY lunch and the rest of the day is free.

To summarise, newbie traders, as long as they have a basic understanding of trading, can take Xard's latest template and just trade as in Post 1792. Those with year's of experience can either do the same or tweak it to suit THEIR trading style and personality. The most important thing to remember is that being consistently profitable or not has nothing to do with your system, it is all about trading psychology and how YOU apply and trade YOUR system. Again, YOU cannot trade like me, Xard or all the other consistently profitable traders - YOU have to find what works for YOU.

I hope this helps those struggling with trading

Great post!

Yes, everyone must figure out their own style of trading. Xard's system is very versatile in that regards... just pull up the templates and watch the charts.

I definitely don't stay up for all 3 sessions everyday... wouldn't be able to handle that. I'm finding that for me, Thursday night here in the USA until Friday end of New York or a bit before... is suiting me ok. Definitely tough on the eyes but 1 day out of the week I can keep up with. It also then gives me the weekend to catch up on sleep, revive and refresh myself for Sunday Tokyo open. Currently, I'm loving 6 days a week of trading... I'm sure that will change as time goes on and I reach more of my goals.
These users thanked the author jcorp01 for the post:
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Re: XARD - Simple Trend Following Trading System

1790
jcorp01 wrote: Sat Mar 14, 2020 9:09 am The ADX SAR indicator that Xard provided previously helped save me from making more losing trades than I needed to. It allowed me to get into trades earlier and bank my profits and get out fast... in this volatile messy movement market, I'm seeing that scalping works best FOR ME...

I was up for all of Tokyo, London and New York today... never done that before and needless to say, I need to sleep.

All in, I did 18 scalp trades.

4 Losses

= 77% win rate

In a crazy market like this, I'm super happy with ending in positive pips.

Just keep testing if you're struggling. I came across Xard's systems last September... looked simple (it is), but kept moving on to other systems, but found myself coming back over and over again until I decided to stick with it, make tweaks of my own and find my groove.

Do the same... it'll pay off for you eventually if you keep going and learning from your mistakes.

I've attached the ADX SAR that Xard provided previously.

Keep in mind, I've only tested it with 1 min. scalp trades. Do your own testing.
Dear,
U have done good trading.. U have some unique style of using XARD system.. Can u please explain me how u r doing these trades? Entry and exit point please.. Till now I couldn't earn in forex market.. Please help me to earn.. Please dear


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