Re: XARD - Simple Trend Following Trading System

17951
Dear All,

I'm still not confident when I take trades. I follow the 2nd dot and understand the market structure, but I still feel afraid and confused at times. If you could share something that might help boost my confidence, I'd really appreciate it

i hope i explain it correctly in the below screenshot.

Is it correct to trade based on the most recent signal? For example, if I get a bigSema arrow pointing down and then another one sema arrow pointing up, should I trade only in the direction of the last sema, which is up?

First, I was looking for a downtrend and counted the 2nd dot.

1- Arrow pointed up, but since the structure changed, I ignored it.

Next, I looked for an uptrend and counted the 2nd dot.

1- Pink dot appeared.
2- Blue dot appeared.

Then, I entered the trade.
These users thanked the author tmostafa007 for the post (total 3):
Curioso, vzulaks, Andreas2000
"The goal of a successful trader is to make the best trades. Money is secondary."


Re: XARD - Simple Trend Following Trading System

17953
tmostafa007 wrote: Fri Oct 11, 2024 7:09 am I think you got confused because the blue dot signaled an upward arrow, which is probably why you hesitated to enter the trade.
No actually i didn.t got confused. I was expecting that blue arrow to move further once the mkt goes down further. But it didnt, which caused me loss plus i usually keep buffer of 20-25 pips for my sl in running trade and here you can see my sl was away from breakeven when the price action reversed.
These users thanked the author Conio31 for the post (total 2):
tmostafa007, Curioso

Re: XARD - Simple Trend Following Trading System

17955
tmostafa007 wrote: Fri Oct 11, 2024 7:05 am Dear All,

I'm still not confident when I take trades. I follow the 2nd dot and understand the market structure, but I still feel afraid and confused at times. If you could share something that might help boost my confidence, I'd really appreciate it

i hope i explain it correctly in the below screenshot.

Is it correct to trade based on the most recent signal? For example, if I get a bigSema arrow pointing down and then another one sema arrow pointing up, should I trade only in the direction of the last sema, which is up?

First, I was looking for a downtrend and counted the 2nd dot.

1- Arrow pointed up, but since the structure changed, I ignored it.

Next, I looked for an uptrend and counted the 2nd dot.

1- Pink dot appeared.
2- Blue dot appeared.

Then, I entered the trade.
Generally speaking I feel like the lower the time frame, the less difference I see between the ArrowSema and the SquareArrow. The recent additions of the Hooligan 4H open line indicator shared by kysbog...post1295551044.html#p1295551044 ...and Xard's 4H candle background, reinforce/aid this idea by opening the "legitimacy" of sometimes trading against the Daily Open and/or SquareArrow. It falls in line with the more traditional view that at some point, that massively oversold price is likely to turn and "head for home". It's like I'm carrying around a hall pass to responsibly trade that great set up...except for that one thing. This can bring good value for those with limited chart time due to long working hours.
These users thanked the author DaveTrader for the post (total 3):
Curioso, Mundu19, tmostafa007


Re: XARD - Simple Trend Following Trading System

17956
Andreas2000 wrote: Thu Oct 10, 2024 10:19 pm I wish all traders every success and I admire those who have managed to be successful. Unfortunately, my trading account is at the end again..
Look at the support and advice given from the folks on this board! You guys are the best!

Have you tried focusing on only 1 or 2 bread and butter set ups? Someone mentioned Victortrend and his screen shots:
Try trading only this basic/classic Xard 2nd dot set up. Don't see it forming on your chart? Go see if you can find it on another.

Focus on a proven set up you know inside and out. This will put your mind at ease and allow you to focus like a laser on the objective. Some trades will fail, that is the arena we are in. But manage your account. You should never put yourself in a position to lose 23% of your account. Do your own soul searching and find the % you will risk on a daily basis. The advice you will find will probably range from 0.5% - 5%, you need to make that decision and stick to it. If the small lot size is not glamorous enough for you, then think back to the glamour of blown accounts.

You will succeed. Build, build, build
These users thanked the author DaveTrader for the post (total 9):
RodrigoRT7, Curioso, Skyold, budhi1976, BeatlemaniaSA, Mundu19, Andreas2000, victortrend, 88FX88

Re: XARD - Simple Trend Following Trading System

17957
Creating 5min & 1min charts and tweaking a bit to help with your decision making.
I need to change some colors but you get the idea.
Xard777
XARD: If Carlsberg made charts... Probably the best charts in the world

Re: XARD - Simple Trend Following Trading System

17958
tmostafa007 wrote: Thu Oct 10, 2024 10:38 pm my point here the 55EMA not cross the 200 Ema so you have to wait

of course there is an expert here can advise you like Curioso
for me you have to check old version like 65M, 005 , 004 to better understanding the concept

my recommendation you have to try in demo first
Hello, are these versions more aimed at beginners?
If so, why? I am a beginner and I am developing my skills with V17.
I hope I’m not doing things wrong. :clap:

Re: XARD - Simple Trend Following Trading System

17959
Hello, I hope you’re doing well and that you’re surpassing yourself each day. :star:

As for me, I spent the night revisiting some concepts and stayed up to observe the Asian session, which I find truly fascinating.
I realized that a key had been right in front of me this whole time: the fractality of the market, combined with the analysis of different time frames. I now use two windows with the same chart, and it has helped me a lot.

For example, on XAU, in the M5 time frame, you can see a clear entry if you repeat the pattern and only follow that time frame. But by zooming in on M1, you see several other potential entry points.

Another example is on JP225: in M1, I expected a reversal and entered a sell position (I lost a bit on that trade, but I understood my mistake). In reality, it was only a retracement on the M5, and I should have stayed in a buy position, like on XAU.

My question is simple and serves to confirm my reasoning: to anticipate a serious reversal, should I wait for confirmation on M5? Otherwise, it could just be a retracement if I only rely on M1, as in the case of JP225.

Obviously, for the more experienced among you, what I’ve shared might not bring anything new, but I’d really like to hear your thoughts and feedback. <3

I wish you all a wonderful journey on this long path.
Take care. <3
These users thanked the author Vakarox for the post:
Curioso

Re: XARD - Simple Trend Following Trading System

17960
Vakarox wrote: Fri Oct 11, 2024 3:55 pm Hello, I hope you’re doing well and that you’re surpassing yourself each day. :star:

As for me, I spent the night revisiting some concepts and stayed up to observe the Asian session, which I find truly fascinating.
I realized that a key had been right in front of me this whole time: the fractality of the market, combined with the analysis of different time frames. I now use two windows with the same chart, and it has helped me a lot.

For example, on XAU, in the M5 time frame, you can see a clear entry if you repeat the pattern and only follow that time frame. But by zooming in on M1, you see several other potential entry points.

Another example is on JP225: in M1, I expected a reversal and entered a sell position (I lost a bit on that trade, but I understood my mistake). In reality, it was only a retracement on the M5, and I should have stayed in a buy position, like on XAU.

My question is simple and serves to confirm my reasoning: to anticipate a serious reversal, should I wait for confirmation on M5? Otherwise, it could just be a retracement if I only rely on M1, as in the case of JP225.

Obviously, for the more experienced among you, what I’ve shared might not bring anything new, but I’d really like to hear your thoughts and feedback. <3

I wish you all a wonderful journey on this long path.
Take care. <3

This mini dot is point lowest candle m30
VzuLaks: People never plan for failure. They simply fail in planning for success!