Re: XARD - Simple Trend Following Trading System

10426
FourXXXX wrote: Sun Feb 27, 2022 4:19 pm Something I like in V20 and V22 on M5 every time price leaves the Ribbon it reverses.
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Well I made already tons of simulations (my eyes are covered in blood LOL) and I would respectfully disagree, or at least I would say 8 out of 10 "breakouts" from the Ribbon are not able to be seen at that moment in time, as the Ribbon is constantly adjusting and repainting, so if we just scroll back we can see holy grail entry points yes, but in reality, it's hard to spot and decide if there was a valid "Ribbon-breakout" or not at the live moment.
Still, I like it so far, but my favorite is still V16. This was just a respectful and informative comment... but might get deleted...
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Re: XARD - Simple Trend Following Trading System

10428
mello182 wrote: Sat Feb 26, 2022 9:21 pm Hi msbh,

Can you please let me know if you trade Nasdaq100? Do you have any comments on Pros and Cons trading NASDAQ100 compared to other major US indices you trade?

Thanks in advance for your answer.
Hi mello,
I never traded Nasdaq100, so I don't have any experience with it.
If you like trading it, make sure you study it well and trade it to a plan.
Keep your eyes on London Open and more importantly on New York Open.
The Open line is very important. Price will trade away from it and sometimes
come back to it and continues the other way.
Xard kept it for a good reason (The Open Line) :idea: :idea: :idea:
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Re: XARD - Simple Trend Following Trading System

10430
msbh wrote: Wed Feb 23, 2022 9:50 pm Thank you for the valuable tips Xard :star: :star: :star:

I want to throw out a few points here to help traders -

1. The importance of waiting for London Open

I recall Sudhindragk saying in one of his posts "Business Starts after London Opens"
I wait 30 mins after the London Open before taking my first trade.

2. Close any Open trades before New York Opens

Many times I noticed the market reverses at New York Open eating up my gains
from the London Open trade. So I close out and wait for New York to open.

3. The importance of waiting for New York Open

I wait 30 mins sometimes 60 mins after New York Opens to see if the market will continue or reverse.
It has helped me understand where the underlying trend is at.

4. US500 and US2000 indexes

I love trading the US2000 index and enjoy its big moves but also I noticed the US500 index is also good.
Sometimes, the US500 index moves more than US2000. I made a screenshot of my trading platform to illustrate
the difference in pips between US500, US2000 and US30 index.
Image
Boss can share your indicators and tpl? Thank you
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