Xard system is good to see the big picture of the market and trend but you need knowledge and practice to take trades in right point.

Hello @funchi
regarding the fnc signals i think i understood how it really works.. the below pic is the explaination do correct me if im wrong.. i apologise for being dumb about the fnc signals.

Guys what is the best leverage for 200$ account ?

tmostafa007 wrote: Fri Aug 09, 2024 5:41 am Guys what is the best leverage for 200$ account ?

Hello tmostafa007,

the accounts shouldn't be based on the balance you have available, but on the region you're in because the leverage applied, and other factors, but in this section, you can find an answer to your need:

broker-talk-f578273.html

GM, Curioso

**Is the Following Trade Valid?**

I'm asking because I lost control today. I took several trades without fully understanding the market direction. As you can see, XAU is ranging, which led to my losses.

on the other hand, I would like to inform you that

1. I am now working with ICMarkets. I've closed my old account, opened a new one, and can withdraw funds normally. Thank you.
2. Last week, I grew my demo account from $1,000 to $2,400.
3. Last night, I decided to start trading live.

**Personal Note:**
I didn't follow my strategy or apply proper risk management, which led to a loss of $33. This may have happened because I got overly excited and lost control while taking a live trade. Moving forward, I will be more patient, focus on following the rules, and avoid breaking them again.

ALSO, I believe this is crucial for all beginners using this strategy. I made the mistake of constantly seeking out different channels, like TradingView, to get other people's opinions and ideas. This only made me more confused. i think because i am trading on live account

My advice to anyone new and in a similar situation is to ignore all other channels or tools you’ve used before. Focus solely on this strategy, and trust the decisions you make.

tmostafa007 wrote: Fri Aug 09, 2024 7:31 pm GM, Curioso

**Is the Following Trade Valid?**

The trade was valid except ADR seems to be <= 15 % when you took the trade.
Unfortunately the market does what it does and it snapped back.

I wouldn't focus so much on the daily open. I think Xard even removed it in his new update that is coming soon.

The best trades I ever had were buy trades far below the daily open (Sema UP, 2nd dot, candle color change) or far above the daily open (Sema DOWN, 2nd dot, candle color change).

The new update that we saw from Xard's screenshots seems to filter out the noise pretty well.

I believe there would have been blue lines in your picture that could have prevented you from going short.

I am very excited for xu-68

Samoth wrote: Fri Aug 09, 2024 8:16 pm The trade was valid except ADR seems to be <= 15 % when you took the trade.
Unfortunately the market does what it does and it snapped back.

I wouldn't focus so much on the daily open. I think Xard even removed it in his new update that is coming soon.

The best trades I ever had were buy trades far below the daily open (Sema UP, 2nd dot, candle color change) or far above the daily open (Sema DOWN, 2nd dot, candle color change).

The new update that we saw from Xard's screenshots seems to filter out the noise pretty well.

I believe there would have been blue lines in your picture that could have prevented you from going short.

I am very excited for xu-68

Hi Samoth, please how do use the ADR percentage to filter entries?

maroka wrote: Fri Aug 09, 2024 8:52 pm Hi Samoth, please how do use the ADR percentage to filter entries?

Only open trades if ADR is higher than 15 %

I agree with the 15% rule, but be cautious when the price is between 70% and 100% of the ADR. From my observations on gold, the price almost always reaches 65% to 70% of the ADR before reversing. It occasionally exceeds 70%, but it rarely goes beyond 100%—perhaps once a week on average, sometimes twice. Please correct me if I’m wrong (CMIIW).

Samoth wrote: Fri Aug 09, 2024 9:15 pm Only open trades if ADR is higher than 15 %

budhi1976 wrote: Fri Aug 09, 2024 10:44 pm I agree with the 15% rule, but be cautious when the price is between 70% and 100% of the ADR. From my observations on gold, the price almost always reaches 65% to 70% of the ADR before reversing. It occasionally exceeds 70%, but it rarely goes beyond 100%—perhaps once a week on average, sometimes twice. Please correct me if I’m wrong (CMIIW).

This is a very good point. I never trade if the instrument is overextended, took my rule to keep a max of 50% ADR for normal trades and 75% for scalps. Naturally this does not mean I exit trades that are already active when ADR is high.