Re: XARD - Simple Trend Following Trading System

#4971
Blin wrote:
Sun Nov 22, 2020 2:33 am
can anyone please tell me why wouldnt you get in this trade at the circle i drew, we have a green 2nd dot for a buy blue candle?What was the problem?btw its a demo acc

XARD: Prior to taking trades on the 15m check the 1hr TF for Direction.
If you look you will see that it had made a Top turning point on 1hr making ALL future trades DOWN trades only (until another turning point appears on the 1hr).
See the Xmas Setup screenshot showing the 1hr Turning point on the 15m chart.
As you can see we have a green 1hr turning point and the photo you attached shows the 1hr turning point repainted right?
std-spx500-m15-hugo-s-way-3.png


Re: XARD - Simple Trend Following Trading System

#4972
Blin wrote:
Sun Nov 22, 2020 7:50 am
Blin wrote:
Sun Nov 22, 2020 2:33 am
can anyone please tell me why wouldnt you get in this trade at the circle i drew, we have a green 2nd dot for a buy blue candle?What was the problem?btw its a demo acc

XARD: Prior to taking trades on the 15m check the 1hr TF for Direction.
If you look you will see that it had made a Top turning point on 1hr making ALL future trades DOWN trades only (until another turning point appears on the 1hr).
See the Xmas Setup screenshot showing the 1hr Turning point on the 15m chart.
As you can see we have a green 1hr turning point and the photo you attached shows the 1hr turning point repainted right?
A lot of explanations with pictures in the topic, dont do questions if you dont read and study.
Me and a lot of users upload a lot of explanations with pictures, dont expect to any will give the exact point of entry beacouse each one have his own way of trade.

Anyway i dont understand where you take the trade, maybe if you do a mark and explanations why you take the trade.

Re: XARD - Simple Trend Following Trading System

#4973
RomanUkraine wrote:
Sun Nov 22, 2020 3:14 am
josi wrote:
Sun Nov 22, 2020 12:50 am

Actually, Roman from Ukraine, I mentioned who made this indicator in my post. It seems to me your English hasn't improved a bit as yet.
But maybe you only got a little too much "Solar Wind" in your eyes.
viewtopic.php?p=1295423536#p1295423536
Here is my level of "knowledge" of English.
Rusty translation
Entschuldigung noch ein
Hey, I see you have turned multilingual now........ :D :D :D Don't worry, it's a trading forum, not for Oxford English Lessons.....Keine Entschuldigung notwendig. It's google that's rusty. But I have seen worse.

Re: XARD - Simple Trend Following Trading System

#4974
braciola719 asked me how i made the setup i used this week...

I used the recent lite version xard posted and put XU MAv3 on top of it from the latest prior complete system he posted - thats it.

Ive been on the piss (beers and long island ice teas) since friday and am fairly incoherent - i cant find the Lite version xard posted? - i would have linked to it...
19112020 5.PNG


Re: XARD - Simple Trend Following Trading System

#4976
Blin wrote:
Sun Nov 22, 2020 7:50 am
Blin wrote:
Sun Nov 22, 2020 2:33 am
can anyone please tell me why wouldnt you get in this trade at the circle i drew, we have a green 2nd dot for a buy blue candle?What was the problem?btw its a demo acc

XARD: Prior to taking trades on the 15m check the 1hr TF for Direction.
If you look you will see that it had made a Top turning point on 1hr making ALL future trades DOWN trades only (until another turning point appears on the 1hr).
See the Xmas Setup screenshot showing the 1hr Turning point on the 15m chart.
As you can see we have a green 1hr turning point and the photo you attached shows the 1hr turning point repainted right?
I think you are quite right to think that your entry looked like a 2nd dot - and it was a 2nd dot: a failed one (no system can give you a 100%-win-rate)
More important - maybe - was the fact that price - on its way up - was rejected twice at H4 resistance and then was not able to produce another higher high. Instead it started to produce lower highs whenever it turned after its way up (if you look closely you will see that it produced 3 lower highs before it suddenly broke through all three MAs and spiked downwards.
If you look at EMA 9-36-144 you can see clearly that the distance between them gets smaller and into a sideways squeeze. And that's why you should have gotten out of the trade when the retest of the last high at around 3575 failed.
I know from experience that this is much easier to say (in hindsight) than to do while price is moving. But one only learns from mistakes (i. e. hindsight). If all goes according to plan you don't learn anything new at all.
You win some, you lose some - if you win, stay in as long as possible, if you lose, get out when it becomes clear that no new highs can be reached (in an uptrend - no lows in a downtrend).
(Your VWAP-curve - although this at the time was much more difficult to see - also flattens, the steep upward movement gives way to an almost horizontal line. But this was not decisive, just a hint that buyers had disappeared.)
When Xard says that - at the time - H1 was down: you could have seen this looking at Xard's ZZ2-line.

Re: XARD - Simple Trend Following Trading System

#4977
josi wrote:
Sun Nov 22, 2020 8:58 pm
Blin wrote:
Sun Nov 22, 2020 7:50 am

As you can see we have a green 1hr turning point and the photo you attached shows the 1hr turning point repainted right?
More important - maybe - was the fact that price - on its way up - was rejected twice at H4 resistance and then was not able to produce another higher high. Instead it started to produce lower highs whenever it turned after its way up (if you look closely you will see that it produced 3 lower highs before it suddenly broke through all three MAs and spiked downwards.
I add that, at least in my 15m chart, the price after the 3 lower highs made an up spike to 3578,05 where the xard system has indicated a second down point which has canceled every bullish guess and has inviting to find an entry short...

Re: XARD - Simple Trend Following Trading System

#4978
gostego wrote:
Sun Nov 22, 2020 10:09 pm
josi wrote:
Sun Nov 22, 2020 8:58 pm

More important - maybe - was the fact that price - on its way up - was rejected twice at H4 resistance and then was not able to produce another higher high. Instead it started to produce lower highs whenever it turned after its way up (if you look closely you will see that it produced 3 lower highs before it suddenly broke through all three MAs and spiked downwards.
I add that, at least in my 15m chart, the price after the 3 lower highs made an up spike to 3578,05 where the xard system has indicated a second down point which has canceled every bullish guess and has inviting to find an entry short...
Quite so - but that was not as yet so when Blin entered the trade.


  1. Similar Topics

    1. 229 Replies
      14467 Views
    2. Trading XARD system (Christmas Setup)

      323 Replies 40743 Views

      by ImpLaNT, Thu Mar 26, 2020 2:21 pm in Trading Journals

      323 Replies
      40743 Views

Return to “Trading Systems”