Forex Station | Advanced Technical Analysis Forum (2024)

  1. Home
  2. Board index
  3. Trading Journals
  • 1
  • 2
  • 3
  • 4
  • 5
  • 36

Page 1 of 36

359 posts

  • Print view

Forex Station | Advanced Technical Analysis Forum (1)

1by LadyAmira

Hi folks, I have opened now a new thread where everybody can share his live trades and trading ideas of XARD Simple Trend Following System, so everybody can make comparisons or get trading ideas about e.g. Forex pairs which you don't trade. I think that it is a good addition and not to overfill Xards' thread. Have fun and post your stuff! Forex Station | Advanced Technical Analysis Forum (2)

These users thanked the author LadyAmira for the post (total 6):
Jimmy, Tabary, Eddie_83, Musashi, Jedidiah, Logan.Dale
  • Quote
  • Fri Oct 09, 2020 10:53 pm

2by RomanUkraine

LadyAmira wrote: Fri Oct 09, 2020 10:53 pmHi folks, I have opened now a new thread where everybody can share his live trades and trading ideas of Xards' system, so everybody can make comparisons or get trading ideas about e.g. Forex pairs which you don't trade. I think that it is a good addition and not to overfill Xards' thread. Have fun and post your stuff! Forex Station | Advanced Technical Analysis Forum (4)

And where is the open position for sеll?
Judging by the screen, you had to open a position for sеll

  • Quote
  • Fri Oct 09, 2020 11:15 pm

3by LadyAmira

RomanUkraine wrote: Fri Oct 09, 2020 11:15 pm

And where is the open position for sall?
Judging by the screen, you had to open a position for sall

It is just a pic from Xard to get an idea about the thread if someone is new. Forex Station | Advanced Technical Analysis Forum (5)

  • Quote
  • Fri Oct 09, 2020 11:19 pm

4by Blin

Hi everyone
is this a valid sell second dot at 3463?

  • Quote
  • Fri Oct 09, 2020 11:46 pm

5by josi

Blin wrote: Fri Oct 09, 2020 11:46 pmHi everyone
is this a valid sell second dot at 3463?

If you regard this as a beginning downtrend (because of the red arrow) - then it is a valid second dot
If you regard this as an uptrend (because of the background colour and the higher lows) - then it is not a valid second dot.
Fact is: on your screenshot price is in a range - that means that price is not trending at the moment.
As Xard's system is a "trend following system" this is not really a valid trade.

  • Quote
  • Sat Oct 10, 2020 12:01 am

6by Jimmy

Blin wrote: Fri Oct 09, 2020 11:46 pmHi everyone
is this a valid sell second dot at 3463?

Link removed. Members are asked to attach all screenshots and files directly to their posts. If you're unsure how to, please see: How to attach images and indicators.

These users thanked the author Jimmy for the post:
josi

Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) Forex Station | Advanced Technical Analysis Forum (6)
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions

  • Quote
  • Sat Oct 10, 2020 12:47 am

7by Cladi39

I went for a run with my dog and I missed this trade.

These users thanked the author Cladi39 for the post:
LadyAmira
  • Quote
  • Sat Oct 10, 2020 4:28 am

8by RomanUkraine

The first deal. Sell. I'm taking a chance. Did not miss the resistance 8/8 up. Don't repeat after me.

Перевів у без збиток. Якщо ціна розвернеться то закриюсь в 0,0 (без прибутку)
Translated into no loss. If the price turns then I will close in 0,0 (without profit)

  • Quote
  • Mon Oct 12, 2020 6:29 pm

9by josi

RomanUkraine wrote: Mon Oct 12, 2020 6:29 pmThe first deal. Sell. I'm taking a chance. Did not miss the resistance 8/8 up. Don't repeat after me.

Regardless of whether this trade may work or not:
it is not a valid trade within the XARD system
you may take any trade you like, of course, but you shouldn't use it as an EXAMPLE of a trade for the XARD system, otherwise this thread is of no use to people who want to LEARN how to trade the Xard system.

  • Quote
  • Mon Oct 12, 2020 6:41 pm

10by RomanUkraine

josi wrote: Mon Oct 12, 2020 6:41 pm
Regardless of whether this trade may work or not:
it is not a valid trade within the XARD system
you may take any trade you like, of course, but you shouldn't use it as an EXAMPLE of a trade for the XARD system, otherwise this thread is of no use to people who want to LEARN how to trade the Xard system.

You can trade on the XARD system in two ways:
1 - on the reverse (change) of the trend
2 - according to the trend (easier).
Everyone expects examples of trading "on trend" from point "2"?
And why not show "Easter eggs" by matching resistance levels.
Read the first 80 pages of the XARD system - Simple Trend Following Trading System
And in general - there are many XARD systems.

Чуть не вистачило.

Now I'm waiting for the opening of New York.
And XARD levels.
Another 350 before leaving the drawdown

  • Quote
  • Mon Oct 12, 2020 6:49 pm
  • 1
  • 2
  • 3
  • 4
  • 5
  • 36

Page 1 of 36

359 posts

Post ReplyAttachments 288

Return to “Trading Journals”

Forex Station | Advanced Technical Analysis Forum (2024)

FAQs

What is the best technical indicator in forex? ›

Top 10 forex indicators for FX traders
  • Average true range (ATR)
  • Moving average convergence/divergence (MACD)
  • Fibonacci retracements.
  • Relative strength index (RSI)
  • Pivot point.
  • Stochastic.
  • Parabolic SAR.
  • Ichimoku Cloud.

What is the ICT power of 3 indicator? ›

Ict power of 3 is a strategy that reveal the market maker algorithm model for price delivery. Power of 3 simply means there are 3 things market makers algorithm do with price in ever trading days. Those 3 things are; Accumulation, Manipulation and Distribution.

How to make a forex trading strategy? ›

Use the guide below to plan and write out a 9-step forex trading plan.
  1. Evaluate yourself.
  2. Choose your trading style.
  3. Pay attention to trading times.
  4. Use stops and limits.
  5. Identify currency pairs to trade.
  6. Plan for rollover rates.
  7. Readjust your trading plan?
  8. Know the regulations where you trade.

Which technical indicator is the most accurate? ›

Which is one of the most accurate trading indicators? The most accurate for trading is the Relative Strength Index. It is considered one of the best momentum indicators for intraday trading. It helps investors identify the shares which are bought and sold in the market.

What is the most profitable indicator in forex trading? ›

Trading with Moving Averages

One of the best forex indicators for any strategy is moving average. Moving averages make it easier for traders to locate trading opportunities in the direction of the overall trend.

What is the fastest way to learn technical analysis? ›

The best way to learn technical analysis is to gain a solid understanding of the core principles and then apply that knowledge via backtesting or paper trading. Thanks to the technology available today, many brokers and websites offer electronic platforms that offer simulated trading that resemble live markets.

What time frame to use for technical analysis? ›

Dev offered guidance: "For day trading, where the goal is to open and close positions within a single trading session, you need shorter timeframes. Consider using 30-minute (30M) to 5-minute (5M) charts for intraday analysis. These shorter intervals provide the granularity required for making quick decisions.

Does technical analysis really work in forex? ›

Whether you're scalping forex or investing in stocks, you can make use of technical analysis to find and plan trades. It can also provide an excellent method of determining your entry and exit points for a position. As we've seen in earlier courses, a market rarely moves in a straight line.

What are the three ICT tools? ›

Information Communication Technology tools are digital infrastructures such as; computers, laptops, desktops, data projector, software programs, printers scanners and Interactive teaching box.

What are big 3 indicators? ›

Big 3 combines Taylor's checklists and favorite indicators to create the Big 3 signals. Big 3 stands for Trend, Structure, and Momentum. Criteria that when met can lead to powerful directional moves.

What is ICT Judas Swing? ›

ICT Judas Swing in Bearish Market is the strong and quick bullish move above the opening price of asset. Which leads traders to believe that it will continue moving up.

Is there a 100% winning strategy in forex? ›

The short answer will be no. There simply isn't a 100% winning strategy in forex. What works in a specific market at a specific moment may not be replicated or repeated to bring the same results. Trading forex is risky and complicated, and no strategy can guarantee consistent profits.

How to make 50 pips a day in forex? ›

Focus on the pending order and place a stop-loss. If it is a buy order, the stop-loss should be placed 5 to 10 pips below the 7 am candle's low. If it is a sell order, 5 to 10 pips above the 7 am candle's high. In both cases, your take-profit would be 50 pips above (buy order) or below (sell order) the order.

What is the best leading indicator forex? ›

Popular leading indicators are the Stochastic, the Relative Strength Index (RSI), Williams %R, and the Momentum indicator.

Which indicator has the highest win rate? ›

Our analysis showed that all three strategies had a high win rate when using the beep boop indicator. However, the Macd/Bollinger Band strategy had a higher win rate than both Moving Average and Triple RSI.

What is the best forex indicator combination? ›

Best forex indicator combination
  • Moving Average Crossover and Relative Strength Index (RSI) ...
  • Bollinger Bands and Stochastic Oscillator. ...
  • MACD and Parabolic SAR. ...
  • Fibonacci Retracement and Average True Range (ATR) ...
  • Ichimoku Cloud and Awesome Oscillator. ...
  • Pivot Points and Commodity Channel Index (CCI)
Mar 19, 2024

References

Top Articles
Latest Posts
Article information

Author: Dong Thiel

Last Updated:

Views: 6577

Rating: 4.9 / 5 (59 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Dong Thiel

Birthday: 2001-07-14

Address: 2865 Kasha Unions, West Corrinne, AK 05708-1071

Phone: +3512198379449

Job: Design Planner

Hobby: Graffiti, Foreign language learning, Gambling, Metalworking, Rowing, Sculling, Sewing

Introduction: My name is Dong Thiel, I am a brainy, happy, tasty, lively, splendid, talented, cooperative person who loves writing and wants to share my knowledge and understanding with you.