Re: XARD - Simple Trend Following Trading System

#8271
edandy wrote:
Fri Aug 13, 2021 8:34 pm
Wonderful! It took me like two days to understand WHERE SECOND DOT is and I can say I have an idea of what this great system is about. Unfortunately, I came late and I have lost a lot in the forex business. I intend to get better.

Thanks top MR. XARD and every other person that has contributed to this great work.
However, I AM STILL CONFUSED AS TO TAKE PROFIT. PLS GUYS I HAVE OVERSEARCHED THE FORUM FOR ANSWERS.
If I take a position for instance at the second dot on a 15 MIN TF, Am I to exit trade at the first appearance of a changed candle? or at the first appearance of an opposite dot?
or like I saw in one of Mr. Xard post at the 38%? if yes, How do Iget the 38%? what software is doing the percentage calculation as I cant find this on the latest template or is that 38% the FIBONACHI level?

Kindly help Sirs and Mas
Xard has this at the bottom of each of his posts.

"Use the Orange ZigZag line on the 15m chart as your Intra-Day Bias. WAIT! for the candle colour change for your first trade and use the Channel line as your 1st EXIT target, take additional trades off the 2nd dots (dots 2,4,6...) that appear and look for a higher Semafor as your 2nd EXIT Target."
"If you only knew the magnificence of the 3, 6 and 9, then you would have the key to the universe" Nikola Tesla


Re: XARD - Simple Trend Following Trading System

#8272
FourXXXX wrote:
Fri Aug 13, 2021 9:12 pm
Xard has this at the bottom of each of his posts.

"Use the Orange ZigZag line on the 15m chart as your Intra-Day Bias. WAIT! for the candle colour change for your first trade and use the Channel line as your 1st EXIT target, take additional trades off the 2nd dots (dots 2,4,6...) that appear and look for a higher Semafor as your 2nd EXIT Target."
Never been able to figure this exit out, possibly cos I'm a bit dense.

Re: XARD - Simple Trend Following Trading System

#8273
Pauliz wrote:
Fri Aug 13, 2021 9:26 pm
Never been able to figure this exit out, possibly cos I'm a bit dense.
Percentages are on the right they are part of the latest Template as posted by Xard. However, if you are using a low-resolution monitor you may not see them, left click and hold the little white triangle on the top of the chart near the right side and slide it to the left until you see the percentages.
Chn.png
"If you only knew the magnificence of the 3, 6 and 9, then you would have the key to the universe" Nikola Tesla

Re: XARD - Simple Trend Following Trading System

#8274
FourXXXX wrote:
Fri Aug 13, 2021 10:00 pm
Percentages are on the right they are part of the latest Template as posted by Xard. However, if you are using a low-resolution monitor you may not see them, left click and hold the little white triangle on the top of the chart near the right side and slide it to the left until you see the percentages.
Image
Thanks, I use the percentages frequently as a guide, though I've never made a connection between the channel lines and the percentages....

Re: XARD - Simple Trend Following Trading System

#8275
Pauliz wrote:
Fri Aug 13, 2021 10:27 pm
Thanks, I use the percentages frequently as a guide, though I've never made a connection between the channel lines and the percentages....
The percentages reference was answering edandy's question about how to see them.

I use them also, here is trade I took earlier and set the take profit at 38% while I was having dinner. Worked out well.
GER30.png
"If you only knew the magnificence of the 3, 6 and 9, then you would have the key to the universe" Nikola Tesla


Re: XARD - Simple Trend Following Trading System

#8277
Just an appreciation post..

I want to say a big thank you to Xard for all his efforts over the past years. I joined this forum last year shortly after I started learning forex. And I started following this thread and it has in many ways transform my trading and how I perceive the market in general (couple with other personal studies). I traded on demo account with this system from April 1 to July ending and made 50% of the account (50k), while only trading 0.5% of the account per trades. I recently passed the5ers stage 1 while trading with this system. With proper risk/money management, one can say this system come very close to being called the holy grail...

'There are several Xard versions, you just need to test all and find which one fits your personality. Plus you can mix it up, add a few tweak of your own.' For example, my best version is v4 but with a touch of v2,v6,v7.

Thanks again, Xard.

Re: XARD - Simple Trend Following Trading System

#8279
Capture.JPG
I think this was raised by Cladi ...I will raise it again. I have named the swing points or turning points in numbers from 1 to 5.

No.1 : Change in cycle only sell trades need to be taken.

But what do you do in cycles between 2 and 3 : Ignore the buy trades...which are counter trend?

Also between cycles 4 and 5 ? Should we again ignore the buy trades? And wait for sell only trades as main cycle is SELL AT Number 1?

I think this must be discussed.

Regards
SK

Re: XARD - Simple Trend Following Trading System

#8280
This is the way I see it:
A. Next to 1 to the right there is a red 2nd dot. If you would take that at the break below the averages, that would be a counter trend move at that moment so normally you wouldn't take it. So, between 1 and 2 no trade.
B. There is golden nugget (green) just above the open at around noon at 9th of August, that would be traded long.
C. No3 is a 2nd dot down, so at the break of the averages I would take a short position.
D. No trade long between 4+ 5.
E. Probably the break below the averages just before 5, would be a losing short trade as at that moment No5 would be at the red dot to the left.

To be sure, one would have to go through the simulator for this as the picture you would see at different points in time would surely not be the same as what you are seeing now (repainting).
sudhindragk wrote:
Sun Aug 15, 2021 11:00 pm
Image


I think this was raised by Cladi ...I will raise it again. I have named the swing points or turning points in numbers from 1 to 5.

No.1 : Change in cycle only sell trades need to be taken.

But what do you do in cycles between 2 and 3 : Ignore the buy trades...which are counter trend?

Also between cycles 4 and 5 ? Should we again ignore the buy trades? And wait for sell only trades as main cycle is SELL AT Number 1?

I think this must be discussed.

Regards
SK


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