Re: Live Trades & Ideas: XARD - Simple Trend Following Trading System

#77
RomanUkraine wrote:
Fri Oct 16, 2020 8:15 pm
Updated
1. EURUSD is in a downtrend on H1
2. nevertheless the 2nd dot up has appeared on H1
3. there is strong res at 1.17188 (MM)
4. price has just bounced off (downwards) from the upward extreme of VWAP on M15
I don't know what 12.00 o'clock means (time zone!) - but just now EURUSD - for me - is not a buy on M15 (it was one on M15 4 hours ago).

Especially if price is in a range (see H1) you can have contradicting signals on different time frames.
Xard's system is a trend following system - if price is in a range different trading methods must be applied.

Also 4 hours ago: GBPAUSD was a simple and straighforward continuation buy.

Re: Live Trades & Ideas: XARD - Simple Trend Following Trading System

#80
josi wrote:
Fri Oct 16, 2020 8:56 pm
RomanUkraine wrote:
Fri Oct 16, 2020 8:15 pm
Updated
1. EURUSD is in a downtrend on H1
2. nevertheless the 2nd dot up has appeared on H1
3. there is strong res at 1.17188 (MM)
4. price has just bounced off (downwards) from the upward extreme of VWAP on M15
I don't know what 12.00 o'clock means in your time zone - but just now EURUSD - for me - is not a buy on M15.

Especially if price is in a range (see H1) you can have contradicting signals on different time frames.
Xard's system is a trend following system - if price is in a range different trading methods must be applied.
Time Kyiv-Moscow.
For different approaches - I agree. Therefore, he gave a column of resistance and support levels.
He gave an "example of a view" for TF M-15.


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