Re: XARD - Simple Trend Following Trading System
Posted: Thu Jan 23, 2025 5:35 pm
Well I see 1 problem, blue arrow has already formed at the bottom and confirmed by 2nd blue dot, means price is going up looking for red arrow.
I went in before the blue dot appeared. Did I understand you correctly, after the blue dot appeared when the candle color changed, I had to get out??budhi1976 wrote: Thu Jan 23, 2025 5:35 pm Well I see 1 problem, blue arrow has already formed at the bottom and confirmed by 2nd blue dot, means price is going up looking for red arrow.
Ababai wrote: Thu Jan 23, 2025 5:47 pm I went in before the blue dot appeared. Did I understand you correctly, after the blue dot appeared when the candle color changed, I had to get out??
Dear Budhi Bro,budhi1976 wrote: Thu Jan 23, 2025 6:27 pm You were trading against the blue arrow's direction. When the price pulled back and formed a violet dot, you needed to be cautious. If a blue dot appears above the blue arrow, it’s a signal to exit the trade immediately.
Thanks once again for your guidance and support.If a blue dot appears above the blue arrow, it’s a signal to exit the trade immediately.
Because that blue dot was blue arrow's 2nd dot, signal to enter buy trade. Hence if you were in sell trade, it only logical to exit your position and cut your loss.If a blue dot appears above the blue arrow, it’s a signal to exit the trade immediately.
mazibee wrote: Thu Jan 23, 2025 6:40 pm Dear Budhi Bro,
Thank you for all your time and valuable contributions to the forum.
Could you kindly confirm whether the "DN SQUARE" displayed in the bottom left corner indicates that one should focus on SELL entries?
Additionally, I would greatly appreciate it if you could elaborate on the following concept:
Thanks once again for your guidance and support.
Ababai wrote: Thu Jan 23, 2025 6:45 pm How is this possible? v65 and v18m - does the square show different things?
Ababai wrote: Thu Jan 23, 2025 8:41 pm Thanks budhi1976.
Now I have taken 100 points on the fall of gold.
I came in a little early. but then I saw all the patterns.
I was supposed to come in 60 minutes later. After the pink big dot