Re: XARD - Simple Trend Following Trading System
Posted: Mon Aug 12, 2024 9:30 pm
Hello 251189,251189 wrote: Mon Aug 12, 2024 5:51 pm Dear Curioso,
I hope this message finds you well. It has taken me some time to gather the courage to reach out to you directly. Over the past few weeks, I have meticulously gone through a significant portion of this forum, including nearly 200-300 pages of your notes and those by XARD777. I also recently came across your well-compiled PDF, which I found extremely helpful. I am writing to seek your guidance on M1 price action, as this was not covered in the PDF. However, I noticed that you often trade on the M1 timeframe, and I have watched both of the videos attached to the PDF, which were also based on M1 charts.
I would be grateful if you could provide some clarity on the following questions regarding the M1 timeframe:
1. Is it essential to strictly follow the rule that the price should be above or below the daily open line? I understand that it could be advantageous, but is it an absolute requirement? I noticed in your "short" video that you were selling when the price was above the daily open line.
2. If I am "long," and the blue candle closes above the EMA 55, do I need to wait for the EMA 13 to cross the EMA 55 as well? Conversely, if the EMA 13 crosses the EMA 55, but the candle has not yet turned blue or crossed the EMA 55, is it still advisable to execute the order?
3. Based on your "long" and "short" videos, it seems that various confirmations are required for entry. In the "long" video, you entered after seeing BIGSemaUP + SemaArrowUp + EMA 13 X 55 + a blue candle close above. In the "short" video, you entered after BIGSemaDown + 2 Pink Colored Dots (36) + 2 mini Dots (9). Does the SemaArrow replace the combination of 2 colored dots and 2 mini dots in this context?
4. In your PDF, under option 1, you mentioned using ADR +15% for buy and -15% for sell. Is this a compulsory criterion, as I did not see it mentioned in your videos? I am curious whether it is essential.
5. The term "2nd Dot" has been emphasized in this discussion, but in your PDF, under options 2 and 4, the 4th MiniDot is highlighted as a good entry point. I am a bit confused—does "2nd Dot" refer to a colored dot and not a mini dot, or does it mean the second occurrence of the same green/red (9) mini dot, which would then be the 4th mini dot in this context?
6. In option 3, there is mention of an RSI indicator, but I could not find it in the XU 65m folder, as it was stated to be part of the XU-v65 setup. Could you please guide me to the correct one?
I sincerely appreciate the time and effort you and XARD777 have dedicated to helping the community over the years. I have been diligently studying various examples and have realized that there are many different versions of XARD's system. Yours is the one I feel most comfortable with and have been practicing with in demo accounts. I would be truly grateful if you could provide guidance by answering the questions above.
Thank you in advance for your assistance.
Best regards,
Darren Chong
First of all, thank you for joining to this wonderful community.
Super awesome, thank you for your words.
For me, the v65m system is the continuation of the legacy that was for me the turning point in a long struggle to understand how this strategy works, and which only changed with the introduction of the v65 to us.
It's a way of giving back and a sign of gratitude on my part and giving the opportunity to other members who are in a constant struggle to understand the logic and thus in a simple reading understand why and how to analyze the charts.
In post #1 you will find the reference for all my work, detailed rules according to my vision and idea, to analyze in M15 - M5 and M1, these are just analysis rules, there are many more, I have documented on paper many more, and even for more versions, but always keep the focus on that version that for me is super wow, and change my life.
The RSI you're referring to is in the original version 65 and you can find it in this post:
post1295520321.html#p1295520321
In present day, I'm only share my ideas based on v65m I'm not saying that all the other versions don't work, some have slightly different rules, others are the same, it just takes time and dedication and effort, a lot of effort and dedication to realize our perfect entry point.
While some members focus on the cross ema, I don't only that one, i´m feel the trend, I have my own way of analyzing the charts, I've tried to pass on my message and vision, and I hope that with this everyone will be profitable, consistent and above all happy in their lives because of the huge gesture of gratitude provided by xard777.
And never forget, the change of mindset to another level starts with you, the way you analyze the charts, you don't need to add anything or remove anything, just follow the trend, sounds difficult doesn't it?
But believe me, it's not, you just need calm, discipline and a lot of patience.