Dear Xard, what does the black channel mean and how to use it correctly in trade?

XARD: The black channel is like a main turning point with the orange channel being an interim turning point. Basically, expect larger moves off the black channel.

Hi Everyone,

I know I go on about the 1 min 2nd White Dot but after a while of following it you can see where it would be on the 5 min chart.

You first see the BIAS off the last Semafor, then you WAIT and watch for where the 2nd White Dot would appear and at that point you draw an imaginary line in the sand where price should no longer cross.
You look at the 30 min higher time frame and look again at your 5 min, as price starts to move you make the decision at where you will get in and where you will get out should god forbid it does not go your way.

But lo and behold cycles have to complete, we can't stop the rhythm in mid flow, nature wont allow it, and nine times out of ten we take way too little profit as we watch in awe as price continues to still move way beyond where we got out to eventually make a new Green/Red Semafor and the cycle repeats all over again.

All the best
Xard777

Lets take a quick look at the 30 min DOW chart...

Here we can clearly see our Green BIAS Semafor followed by two white dots.
The 2nd White Dot is where we draw our line in the sand with the view of PRICE going UP towards the next Red BIAS Semafor (which is +400 Pip$ away).

If we look closer into that area where the 2nd Dot is we can see that the 15 min 2nd White Dot, the 5 min 2nd White Dot and the 1 min 2nd White Dot are ALL lining up and pointing UP towards the next Red BIAS.

Now ask yourself, when the chart is constantly moving up and down all day long, where would be the best place to get in on the action. How many of us can say PRICE should stop here and go no further, in fact it should turn and head off in the opposite direction in a BIG way.
If you can see it and trade off it - you can stay ahead of the curve.
Xard777

Here is the DOW taking off inside the Orange box (within the first two hours of the Opening Bell).
We already know direction off the BIAS Semafor.
We can clearly see the 2nd White DOT off the 5 min chart.
And PRICE crossed DOWN at the Trend line for +150 Pip$

FOLKS - It's not Rocket Science, trading should be fun and full of Pip$
I can lead you to the watering hole but for the love of trying I just can't make you pull the trigger :-)
That's something that you are going to have to do for yourself.
Best of luck
Xard777

xard777 wrote: Sat Feb 01, 2020 2:19 am Here is the DOW taking off inside the Orange box (within the first two hours of the Opening Bell).
We already know direction off the BIAS Semafor.
We can clearly see the 2nd White DOT off the 5 min chart.
And PRICE crossed DOWN at the Trend line for +150 Pip$

FOLKS - It's not Rocket Science, trading should be fun and full of Pip$
I can lead you to the watering hole but for the love of trying I just can't make you pull the trigger :-)
That's something that you are going to have to do for yourself.
Best of luck
Xard777

Kill me if I understand. But I’ m trying

Just now. Salute Xard thanks for your contribution at this community.

Cladi39 wrote: Sat Feb 01, 2020 2:41 am Just now. Salute Xard thanks for your contribution at this community.

For me its a 3rd dot what you sign as second dot.

So please say am I correct or not?

1: open the currency what I want to trade.
2: Open it on a higher timeframe to see what is the direction of the trend
3 When the 2nd dot appears jump in the trade

XARD: That's the 2nd White DOT after the BIAS Green/Red Semafor

Correct?

If yes just we need to clearize which is the second dot?
Please check the pic is it right?

Oh Look! We came out too early at +150 Pip$ as it has now moved for + 250 Pip$ :-(
No, WAIT! it's now gone for +500 Pip$ :-((
Like I said before, we usually take our profit too soon and simply sit back and watch in awe as PRICE continues on moving way beyond our expectations towards the new Green/Red Semafor.
Xard777

normannasty wrote:

For me its a 3rd dot what you sign as second dot.

So please say am I correct or not?

1: open the currency what I want to trade.
2: Open it on a higher timeframe to see what is the direction of the trend
3 When the 2nd dot appears jump in the trade

XARD: That's the 2nd White DOT after the Green/Red Semafor

Correct?

If yes just we need to clearize which is the second dot?
Please check the pic is it right?

The way I understand it, your 2nd dot is at the very first 2nd dot you indicated on your chart. The issue, however is that for the DE30 you don't expect any substantial move until the Frankfurt /London open. So you may want to start selling at that time

Kudos to Xard for this incredible system and selfless effort to this FAM.

When I refer to 2nd DOT I mean the 2nd White DOT after the Green/Red Semafor (period).
Xard777