Re: XARD - Simple Trend Following Trading System

#8382
xard777 wrote:
Fri Aug 27, 2021 11:54 pm
Here is a screenshot from the latest setup (will post 1st week in September 2021)
Xard777
Thanks Xard , you are the real deal !
I suck at this .... Entered on the WS30 , again freaked out at the pullback to the trendline and closed trade :stressed:
After all this time , I still can't control my emotions !?

XARD: try 1hr TF as well as say 5min for your analysis, it may give you a clearer picture.
OOps! My bad, should read Both D1 & H4 Arrows are UP

Thanks Xard for your support !
Feel like an idiot ... must get my act together and stop complicating things . It's all on the Chart !
XARD: Just watch Price crossing the Trend line... Is it crossing to stop and Pullback?? or is it crossing to start a new Cycle??
:thumbup:
1hr + 5m  WS30.png

Re: XARD - Simple Trend Following Trading System

#8384
flandria wrote:
Sat Aug 28, 2021 12:56 am
Thanks Xard , you are the real deal !
I suck at this .... Entered on the WS30 , again freaked out at the pullback to the trendline and closed trade :stressed:
After all this time , I still can't control my emotions !?

XARD: try 1hr TF as well as say 5min for your analysis, it may give you a clearer picture.
OOps! My bad, should read Both D1 & H4 Arrows are UP

Thanks Xard for your support !
Feel like an idiot ... must get my act together and stop complicating things . It's all on the Chart !
XARD: Just watch Price crossing the Trend line... Is it crossing to stop and Pullback?? or is it crossing to start a new Cycle??
:thumbup:
Image
Xard , forgot to ask but just noticed that it is the Daily Pivot and pivots on your Chart !?
XARD: Yes, it's Wyatt's Pivots indy which I got from sudhindragk to try out... they look quite good. I just dropped the channel background so we good see the pivot lines (basically, in a nutshell you are looking for a bounce or breakthrough). I will include it in the coming update with a template option.

Great ! thanks :thumbup:
I see ..... Price bounces between the Central Pivot Range !


Re: XARD - Simple Trend Following Trading System

#8386
flandria wrote:
Sat Aug 28, 2021 2:37 am
Xard , forgot to ask but just noticed that it is the Daily Pivot and pivots on your Chart !?
XARD: Yes, it's Wyatt's Pivots indy which I got from sudhindragk to try out... they look quite good. I just dropped the channel background so we good see the pivot lines (basically, in a nutshell you are looking for a bounce or breakthrough). I will include it in the coming update with a template option.

Great ! thanks :thumbup:
I see ..... Price bounces between the Central Pivot Range !
CPR gives lot of useful information. Most of you will be knowing this. This is for the people who dont know :
1) Compare Today's CPR width with yesterday's width. If it is wider than yesterday's its going to be range day.
If its narrower its going to be trend day. You can easily back test this by setting the number of days to 20 ,40 etc.
2) CPR will also give you the bias. If it breaks then the bias changes.
Read the book i have recommended. Club it with Xard's system.

Besides this i use one other stuff which will be useful for trading indices. I will first discuss with XARD over this weekend.

Regards
Sk

Re: XARD - Simple Trend Following Trading System

#8387
sudhindragk wrote:
Sat Aug 28, 2021 4:25 am
CPR gives lot of useful information. Most of you will be knowing this. This is for the people who dont know :
1) Compare Today's CPR width with yesterday's width. If it is wider than yesterday's its going to be range day.
If its narrower its going to be trend day. You can easily back test this by setting the number of days to 20 ,40 etc.
2) CPR will also give you the bias. If it breaks then the bias changes.
Read the book i have recommended. Club it with Xard's system.

Besides this i use one other stuff which will be useful for trading indices. I will first discuss with XARD over this weekend.

Regards
Sk
Thanks ,
yes when I saw the Pivots it reminded me of the Fischer book you recommended earlier this week .
I started reading it yesterday , about the opening-range.

Re: XARD - Simple Trend Following Trading System

#8388
sudhindragk wrote:
Sat Aug 28, 2021 4:25 am
CPR gives lot of useful information. Most of you will be knowing this. This is for the people who dont know :
1) Compare Today's CPR width with yesterday's width. If it is wider than yesterday's its going to be range day.
If its narrower its going to be trend day. You can easily back test this by setting the number of days to 20 ,40 etc.
2) CPR will also give you the bias. If it breaks then the bias changes.
Read the book i have recommended. Club it with Xard's system.

Besides this i use one other stuff which will be useful for trading indices. I will first discuss with XARD over this weekend.

Regards
Sk
whats CPR?


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