harveyspecter wrote: Tue Jan 25, 2022 5:34 am
I think you are mistaken on the trades Xard pointed out. He pointed out 2 short trades but they were against the direction of the orange ZZ line that Xard has said to never trade against. Just read his quote on the bottom of his posts "Use orange ZZ as bias." Since they repaint it looks like you would have taken the trades but in real time you shouldn't be taking these trades. I am not sure why there is so much "mystery" revolving around the rules and how to trade when according to Xard it is supposed to be very simple. Josi message to Xard was exactly what I am wondering also. No ones seems to have an answer
All the best!!
The big semafors (highest point/lowest point)
does not confirm a trend change, it just indicates that a
trend change might be coming, which is then confirmed by either the
crossing of the trend lines (trend reversal) or the
second dots(lower high / higher low).
So that is why when a new ZZ line is formed, we WAIT!!! for either the trend lines to cross or a second dot(s) to appear.
In the meantime while waiting, we can use other price action methods to determine if the trend is still continuing in it's current direction (divergences, rejections of the trendlines, etc)
Think of it this way.. don't use the semafors as 'signals' or 'arrows' to enter trades. When a semafor appears, it's just telling you that it's the current high/low at that point in time, which obviously it has no idea if the price will go higher or lower. From what I have learned, using the RSIMA cross / 50-level cross can give you extra confluences to entering a trade or not. Also, having some knowledge of price action will definitely help.
If you're having trouble, I'd suggest using the XU-v12 or previous versions first since it has both MAs and it's easier to see the whole thing. The v13 is still a blur to me, but I'm slowly getting the gist of it.
Experts in XARD's system please correct me if I'm wrong anywhere.
Hope this helps.