RicoFX-XARD Trading RulesBlin wrote: Fri Sep 11, 2020 8:25 pm
Hello sir
What was your entry and what confiramtion were you waiting to get in?
1). I checked the control center for strong and weak pairs. (trade the weak against the strong/strong against the weak).
2). I checked the Daily Fractals (the Red and Green Fractal dotted lines). I do not trade against them.
3). I checked all the three off chart indicators if they're all agreed, and the macd_heatmap at the lower right corner of the chart if most timeframes agreed.
4). I check the trend and the signal lines. And the support and Resistant dashed lines. check XARD Rules.
5). When all these are in line with the control center strong and weak pairs, then wait for a pullback with semafor and break of the BUY/PIVOT or SELL/PIVOT (for entry opportunity)
or a pullback with swingdot and break of the BUY/PIVOT or SELL/PIVOT (for aggressive entry opportunity). please take note of SupRes Dashed lines.
6). SL: last swing high or low.
TP: ADR High or ADR low. These are based on my opinion.
I check NEXdash at the top right corner at times, if ADR(5) is higher than the ADR(30) then there's high probability that the price is going to move stronger and more than the previous day.
Please check XARD rules before using this system.
PIP$!
It's late to open a position already, in my opinion,
I've posted it earlier this morning.