No you do not always have to wait. I read that if the Purple crosses the Blue line, the PSAR is ignored.
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DislikedNo you do not always have to wait. I read that if the Purple crosses the Blue line, the PSAR is ignored.Ignored
DislikedWould have to see the chart and trade, but sometimes trades just go against us for no reason. We can't help that so we have the 40 pip stop in place. I'm still learning myself.Ignored
Disliked{quote} They don't go against you for "no reason"...make yourself a favor and read all Dana's posts carefully. Cheers. Prox.Ignored
Disliked{quote} Thats what I was thinking too..but thanks barlow regardless..I think the problem was I went against the 2HR trendIgnored
Dislikedexample for Purple on chart mesured by crosshair and data window "paradox Purple" value Notice first picture is ok, second picture (3 candle after), allmost 10 pip diference in data window/crosshair reading? Allso notice that ROMAR readings in data window are about 10/11 pips away from what it look on charts (somwhere 118.110 versus data 117.9533 and 117.9437) {image} {image}Ignored
DislikedThank You xmass7, Now is clear. However on my chart is somewhat diferent but at least now know where to look. Thaks again. Paradox_Purple DataWindow: Value2==>EMA Line Data Value5==>Purple Line Data Paradox_ROMAR DataWindow: Paradox_ROMAR==>White Line Data Value3==>Smooth Line Data Value2==>ROMAR Line DataIgnored
Quoting dove_alliance;8721419 ...... [COLOR=BlueDisliked1 HOUR CHART: ROMAR: Support EMA: Support Parabolic: Resistance [/color]Notes: The 1 hour had finished the upswing with Smooth in the daily downtrend. The signal for the zero crossing had shown with the previous candle. The Parabolic is already in the downtrend as resistance. Both ROMAR and EMA are at the crossing of the Purple that is already strong for the downtrend. Entry: The 2 hour is showing the Parabolic as support but also eliminated with the White/Purple crossing. It will take the hidden LR to flip the parabolic and with the down being strong I will take entry with the next 2 hour open candle and/or, the retrace toward the parabolic. ++++++++++++++++++++++++ And on the next candle is where I made my entry for 40 pips. Now my question is: Would I have seen that entry without my trading plan? The answer is no because I would not had seen it without my trading plan. I would have still been looking for an entry.Ignored