Re: XARD - Simple Trend Following Trading System

#6253
AlexBello wrote:
Wed Mar 03, 2021 5:06 am
Exit with small loss after sell trade on US30, M15. Losses are part of this game, no problem. Current week is still very profitable for me.

If you trade the 15M TF you have to look at the 1H TF Bias

The 1H bias is actually in buy mode, so you should have bought this morning at the crossover after the green dot, not sell mate ;)

Re: XARD - Simple Trend Following Trading System

#6254
AlexBello wrote:
Wed Mar 03, 2021 5:06 am
Exit with small loss after sell trade on US30, M15. Losses are part of this game, no problem. Current week is still very profitable for me.
Trend box is all blue, so may be buy trade now is good idea, even if it is against the big dot...
I placed sl at the big red dot but as you can see it already rejected that level.

Re: XARD - Simple Trend Following Trading System

#6255
Blin wrote:
Wed Mar 03, 2021 6:11 am
AlexBello wrote:
Wed Mar 03, 2021 5:06 am
Exit with small loss after sell trade on US30, M15. Losses are part of this game, no problem. Current week is still very profitable for me.
Trend box is all blue, so may be buy trade now is good idea, even if it is against the big dot...
I placed sl at the big red dot but as you can see it already rejected that level.
I am testing different options for exit - I remember, that Xard has mentioned he exits the trade after price crosses trendline in opposite direction. It makes loss smaller, but losses occur more often.


Re: XARD - Simple Trend Following Trading System

#6256
AlexBello wrote:
Wed Mar 03, 2021 6:32 am
Blin wrote:
Wed Mar 03, 2021 6:11 am


I placed sl at the big red dot but as you can see it already rejected that level.
I am testing different options for exit - I remember, that Xard has mentioned he exits the trade after price crosses trendline in opposite direction. It makes loss smaller, but losses occur more often.
and if it doesn't cross the trend line and you let it run you will get bigger moves eventually, which will outweigh the smaller losses

Re: XARD - Simple Trend Following Trading System

#6257
Shockr wrote:
Mon Mar 01, 2021 9:28 am
Senior Rob wrote:
Mon Mar 01, 2021 3:36 am


Hi, please advise how this is possible as their website for US Citizens only allows Forex trading - they do allow Indices trading for non US Citizens but you are my neighbor here in SoCal so please advise how you did it. Thank you.
Hey, Rob: I only use this for a Demo. I got the recommendation from another website. I downloaded the MT4 platform. After getting started with Xard's System, I noticed that some of the Indexes he had were working. It seems I had to change some names of the Indexes. Go to View>Symbol, it shows all symbols that are used by the broker. I have on my chart: US30, SPX500,NAS100,FTSE10,EUSTX50,HK50,JPN225,GER30, XAGUSD,XAUUSD. Hope that helps.
Thank you for your reply. As previously stated IG only offers forex trading for US Clients - see attached.

The search continues.
a.PNG
Cheers,

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

Rob

Re: XARD - Simple Trend Following Trading System

#6258
Thales wrote:
Wed Mar 03, 2021 5:27 am
AlexBello wrote:
Wed Mar 03, 2021 5:06 am
Exit with small loss after sell trade on US30, M15. Losses are part of this game, no problem. Current week is still very profitable for me.

If you trade the 15M TF you have to look at the 1H TF Bias

The 1H bias is actually in buy mode, so you should have bought this morning at the crossover after the green dot, not sell mate ;)
may i know how do you determine the 1h bias? vq indicator?

Re: XARD - Simple Trend Following Trading System

#6259
Thales wrote:
Wed Mar 03, 2021 5:27 am
AlexBello wrote:
Wed Mar 03, 2021 5:06 am
Exit with small loss after sell trade on US30, M15. Losses are part of this game, no problem. Current week is still very profitable for me.

If you trade the 15M TF you have to look at the 1H TF Bias

The 1H bias is actually in buy mode, so you should have bought this morning at the crossover after the green dot, not sell mate ;)
Oh i see .. thanks for this.. Could expound it please? just to enlighten me?


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