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Re: XARD - Simple Trend Following Trading System
Posted: Wed Mar 03, 2021 6:11 am
by Blin
AlexBello wrote: Wed Mar 03, 2021 5:06 am
Exit with small loss after sell trade on US30, M15. Losses are part of this game, no problem. Current week is still very profitable for me.
Trend box is all blue, so may be buy trade now is good idea, even if it is against the big dot...
I placed sl at the big red dot but as you can see it already rejected that level.
Re: XARD - Simple Trend Following Trading System
Posted: Wed Mar 03, 2021 6:32 am
by AlexBello
Blin wrote: Wed Mar 03, 2021 6:11 am
I placed sl at the big red dot but as you can see it already rejected that level.
I am testing different options for exit - I remember, that Xard has mentioned he exits the trade after price crosses trendline in opposite direction. It makes loss smaller, but losses occur more often.
Re: XARD - Simple Trend Following Trading System
Posted: Wed Mar 03, 2021 7:09 am
by fadhayemustafa
AlexBello wrote: Wed Mar 03, 2021 6:32 am
I am testing different options for exit - I remember, that Xard has mentioned he exits the trade after price crosses trendline in opposite direction. It makes loss smaller, but losses occur more often.
and if it doesn't cross the trend line and you let it run you will get bigger moves eventually, which will outweigh the smaller losses
Re: XARD - Simple Trend Following Trading System
Posted: Wed Mar 03, 2021 7:21 am
by Senior Rob
Shockr wrote: Mon Mar 01, 2021 9:28 am
Hey, Rob: I only use this for a Demo. I got the recommendation from another website. I downloaded the MT4 platform. After getting started with Xard's System, I noticed that some of the Indexes he had were working. It seems I had to change some names of the Indexes. Go to View>Symbol, it shows all symbols that are used by the broker. I have on my chart: US30, SPX500,NAS100,FTSE10,EUSTX50,HK50,JPN225,GER30, XAGUSD,XAUUSD. Hope that helps.
Thank you for your reply. As previously stated IG only offers forex trading for US Clients - see attached.
The search continues.
Re: XARD - Simple Trend Following Trading System
Posted: Wed Mar 03, 2021 11:37 am
by renaissance7
Thales wrote: Wed Mar 03, 2021 5:27 am
If you trade the 15M TF you have to look at the 1H TF Bias
The 1H bias is actually in buy mode, so you should have bought this morning at the crossover after the green dot, not sell mate
may i know how do you determine the 1h bias? vq indicator?
Re: XARD - Simple Trend Following Trading System
Posted: Wed Mar 03, 2021 12:17 pm
by warwar
Thales wrote: Wed Mar 03, 2021 5:27 am
If you trade the 15M TF you have to look at the 1H TF Bias
The 1H bias is actually in buy mode, so you should have bought this morning at the crossover after the green dot, not sell mate
Oh i see .. thanks for this.. Could expound it please? just to enlighten me?
Re: XARD - Simple Trend Following Trading System
Posted: Wed Mar 03, 2021 2:15 pm
by warwar
What is the best TP? how to know what should my TP?
Re: XARD - Simple Trend Following Trading System
Posted: Wed Mar 03, 2021 4:24 pm
by XXXX
warwar wrote: Wed Mar 03, 2021 2:15 pm
What is the best TP? how to know what should my TP?
bestt..PNG
How long is a piece of string? As Xard said somewhere need to get to know the instrument you are trading.
Re: XARD - Simple Trend Following Trading System
Posted: Wed Mar 03, 2021 6:42 pm
by Thales
warwar wrote:
Oh i see .. thanks for this.. Could expound it please? just to enlighten me?
renaissance7 wrote: Wed Mar 03, 2021 11:37 am
may i know how do you determine the 1h bias? vq indicator?
like that
Re: XARD - Simple Trend Following Trading System
Posted: Wed Mar 03, 2021 7:00 pm
by AlexBello
I think that was perfect buy setup on m15 HK 50, everything in accordance with the rules. If we talk about bias of 1H while trading 15m, then I prefer to look at Trend box indi. 1H and 30m dots in this indi should not be against us. Thales has some different opinion how to determine 1H bias, but I appreciate his advice.