Re: XARD - Simple Trend Following Trading System
6382Do u still have the same indicator that's in this picture I've shared? I'm trying to better understand the bid ratio along with the ADR numbers and such... How to better understand why I'm chosing such trades and why I'm seeing what I'm seeing in that panelxard777 wrote: Tue Mar 09, 2021 5:55 pm A few trades this morning (total +386 Pip$)
My 1st trade, I was simply taking Price UP to make the 2nd Triangle
My 2nd trade, Was off the 2nd Triangle but cut short as it looked like Price was going back UP (probably to make another 2nd Triangle on a higher TF.
Went for a power nap.
My 3rd trade, Was off the 2nd Triangle (15m) this one should be going down all day but I made my Pip$ (no need to be greedy) and decided to book them.
I can always go back in on this last trade later on in the day.
I have included the 15m chart to show the Higher 2nd Triangle formation (on trade 2 everyone is ready to bet the farm and this happens :-)
Xard777
Re: XARD - Simple Trend Following Trading System
6383The system won't always get it right. Nothing is certain in the financial market. You have to know how to deal with the losses, or you'll be doomed to failure. It is not enough to have a good trade system without good management.
No greed. No fear. Just math.
Re: XARD - Simple Trend Following Trading System
6384I haven't had time to post before, but this was my entry. TF M5 confirming sale, entry in M1, target 38.25% ADR
No greed. No fear. Just math.
Re: XARD - Simple Trend Following Trading System
6385busy day today but never too late for one trade. this is the 2nd dot trade for the white arrow.
- These users thanked the author fadhayemustafa for the post:
- tonnogueira
Re: XARD - Simple Trend Following Trading System
6386And where is the 2º Dot?fadhayemustafa wrote: Thu Mar 11, 2021 8:05 am busy day today but never too late for one trade. this is the 2nd dot trade for the white arrow.
Re: XARD - Simple Trend Following Trading System
6388
HK50 our every day...
No greed. No fear. Just math.
No greed. No fear. Just math.
Re: XARD - Simple Trend Following Trading System
6389tonnogueira wrote: Thu Mar 11, 2021 12:47 pm HK50 our every day...
HK50 11.03.2021.png
No greed. No fear. Just math.
** What's the best time to trade HK50? Thanks.
Re: XARD - Simple Trend Following Trading System
6390
Thank you as always help us newbies to learn...fadhayemustafa wrote: Thu Mar 11, 2021 8:05 am busy day today but never too late for one trade. this is the 2nd dot trade for the white arrow.
I have a few questions
1) Where is the 2nd sell dot?
2) You have taken a sell ABOVE the daily open? (shouldn't it be up trades only??)
3) In the info box not all the moving averages show sell? ( only three out of 4)
4) Did the higher time frame have a strong sell? ( if so which higher TF?)
Thank you for your time.
I am guessing this is considred higher risk trade? though lucky this time , it carries higher risk? I am hoping others more experienced chimes in to help us newbies learn. Thanking all for their time.
Curious how EASY Insight connects with ChatGPT o