Disliked{quote} We are not in consolidation - we are in an uptrend Ranging mode. That is what the Paradox is saying. Study and you may get it.Ignored
I'm a little lost when i comes to determining a ranging market. In post 1676 identifying a ranging market is having the market in between both EMA and Romar with a 50 or less pip spread. Currently on the daily that isn't the case because the market is above EMA and Romar so i believe ive misinterpreted the rules for identifying a ranging market.
and with identifying consolidation on market open the basic rules are,
Rules for determining consolidation:
a: All 3 charts determines consolidation. If one of the 3 charts is not in sync you are in consolidation.
b: If ROMAR, EMA are opposite of one another on any chart you are in consolidation.
c: White crossing Purple on any chart places the whole system in consolidation and setting up for a reversal, a swing for a new cycle, ranging, or sideways consolidation.
d: If the Parabolic's on any chart is opposite of the other charts you are in consolidation.
with the market open today having Romar above Ema on the H2 and with the H1 and Daily Ema above Romar make it a consolidation under option B? or am i majorly miss understanding something? in saying that at this current time all 3 are now the same invalidating consolidation rules
I'm wondering about how do you identify if it is ranging because i think I have missed something all together.
Causa sui