Re: XARD - Simple Trend Following Trading System
Posted: Fri Nov 08, 2024 1:17 pm
Dragcaja wrote: Fri Nov 08, 2024 8:46 am What a beautiful template. Can you share it? Thanks in advace
Dragcaja wrote: Fri Nov 08, 2024 8:46 am What a beautiful template. Can you share it? Thanks in advace
Thanks for sharing
Stylish really!Cagliostro wrote: Sat Nov 09, 2024 12:07 am Something I rarely see shared by traders is multiple entries. It gets with experience and confidence. Don't be scared to trust the system and your decisions. Here we have clear downtrend in higher TF (5 and 15), DXY index was bouncing up and a lovely Xard setup with multiple bearish level supporting the trade idea (PS: Murrey lines also super extended at +2/8 when the star appeared. It resulted in a nice and safe sell scalp on GU. It will likely go lower to 1.291 but have to go to lunch so get the money and run![]()
Have a lovely weekend folks.
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Firstly, I want to express my gratitude to this amazing community and especially to Xard for generously sharing this powerful trading system. I’m also extremely thankful to Curioso for his guidance and support in helping members clarify concepts.Curioso wrote: Fri Nov 08, 2024 10:11 am Hello mazibee,
I don't really understand that post you are referring, but give it a brief explanation and it might make sense to you.
The zigzags are just as important as other elements of each version of "XARD - Simple Trend Following Trading System", so if you have a colored ball when you find a second one with that pattern, that's what you're looking for. Because if they exist in this or other versions, it's for a reason, so much so that there are several numbers for them because it's to help us simplify reading the charts.
Make sense?
Hello mazibee,mazibee wrote: Sat Nov 09, 2024 8:07 am Firstly, I want to express my gratitude to this amazing community and especially to Xard for generously sharing this powerful trading system. I’m also extremely thankful to Curioso for his guidance and support in helping members clarify concepts.
I've been reading through previous posts to grasp the system, but I find myself increasingly confused. I would be very grateful if someone could explain what signals I should focus on to determine the trade bias on the M15 chart.
To clarify my questions, I've recorded a video on XAUUSD where I marked vertical lines to illustrate how the Semafors appear on higher time frames. In the video, I start with the D1 and move down to M15, where I intend to place my trades.
My Main Query:
What should be the specific trigger for an entry on M15, considering the trends and signals from the D1, H4, and H1 time frames?
Observations
D1
The largest Square Semafor is attached to the Orange ZZ line.
Down Square and Down Arrow are red.
Candles are grey, positioned between the moving averages.
A green dot (Semafor 9) has formed, with one additional candle after it.
Signal in the upper right corner: WAIT.
H4
The largest Square Semafor is attached to the Orange ZZ line, with Down Square and Down Arrow in red.
The Blue Dot (Semafor 36) is attached to the white ZZ line.
Candles are orange and below the daily open line.
Signal: SELL.
H1
Orange and White ZZ lines are attached to the Blue Arrow (Semafor 144).
Down Square is red; Up Arrow is green.
Candles are orange, and price is below the daily open.
Signal: SELL.
M15
Both Orange and White ZZ lines are attached to the Blue Square Arrow (Semafor 576).
Semafors 36 appear in pink, blue, and pink along the White ZigZag line.
Down Square and Up Arrow are green.
Signal: WAIT.
Candles are orange, below the moving average and daily open.
References on "Trading Away from the ZZ/Semafor" Concept
These are few posts that refering Trading away from the ZZ / Semafor
https://forex-station.com/post129543865 ... 1295438654
XARD: Yes, use the Orange ZigZag line on the 15m chart as your intra day bias. WAIT! for the candle colour change on your first trade and take additional trades off the 2nd dots (2,4,6...) that appear off the bias 15m ZZ line.
https://forex-station.com/post129544318 ... 1295443182
XXXX mentions
Trading away from the ZZ line is correct according to Xard's rules.
Please if you can explain me what it means by Trading away from the Orange ZZ, Perimeter dots
I have posted few old posts by xard an XXXX
https://forex-station.com/post129544715 ... 1295447151
XXXX Mentions
Yes, you are correct the bias is down on M15 and below, the H1 and H4 have not shown a second dot as yet. So time to sit on your hands and wait for the H1. The yellow lines indicate resistance levels off the previous highs which may or may not be a level for a new high.
The Orange ZZ line connects the Orange Perimeter Dots, as per my post above trade away from the Orange ZZ/Perimter Dots when you have a confirmed trend change.
I’d be really appreciative if someone could clarify what "trading away from the Orange ZZ/Perimeter Dots" truly means in terms of entry criteria. I hope to start gaining pips soon, knowing it’ll take time to fully understand this system.
Sorry once again for my lengthy post.
Thanks to everyone, and I wish you all a profitable trading week!