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

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Paddygir wrote: Fri Oct 16, 2020 8:21 pm Hello everyone, I am new to this channel.
It's true that with many of us we can correct ourselves and avoid the current market traps.
Congratulations to all
I'm still training. Here the signal on TF M-5 arrived.
I will watch. Can make a purchase agreement.
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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.
These users thanked the author josi for the post:
RomanUkraine

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

80
josi wrote: Fri Oct 16, 2020 8:56 pm
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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