If you filled out your trading plan correctly at the daily market open last night you should be able to put "ROMAR Consolidation" in your final notes along with the rest of your summary gathered from each time frame notes in your plan.
If you filled out your trading plan correctly at the daily market open last night you should be able to put "ROMAR Consolidation" in your final notes along with the rest of your summary gathered from each time frame notes in your plan.
Ignored
I didn't have a plan for today as I knew I wasn't going to trade. However, I don't understand what you are trying to suggest to me. I guess by "Romar consolidation" you mean Romars 3TF are not in sync. I know this means we are in consolidation and can trade both ways (long/short). But I can't connect it with what it said lightning..I'll think about it. Thank you very much for these inspirations
{quote} I didn't have a plan for today as I knew I wasn't going to trade. However, I don't understand what you are trying to suggest to me. I guess by "Romar consolidation" you mean Romars 3TF are not in sync. I know this means we are in consolidation and can trade both ways (long/short). But I can't connect it with what it said lightning..I'll think about it. Thank you very much for these inspirations
Ignored
Your response here tells me you're on the right track towards figuring out what L1ghtning is trying to get you to see that is coming.....
{quote} Your response here tells me you're on the right track towards figuring out what L1ghtning is trying to get you to see that is coming.....
Ignored
I think I know what's coming. With Romar Ema cross on 2h we will have Romars 3TF in sync. But what I didn't understand are lightning's answers to my questions about this morning's situation (asian session) But I don't want to take advantage of your patience. I will try to figure it out by myself. Thank you
{quote} I think I know what's coming. With Romar Ema cross on 2h we will have Romars 3TF in sync. But what I didn't understand are lightning's answers to my questions about this morning's situation (asian session) But I don't want to take advantage of your patience. I will try to figure it out by myself. Thank you
Ignored
I said in post 267
"How does the market break Romar resistance? The trend. H1 and H2 4HM together."
Look at your charts right now and forget the bars/ candles and just look at the 4HM then you will see it
{quote} I said in post 267 "How does the market break Romar resistance? The trend. H1 and H2 4HM together." Look at your charts right now and forget the bars/ candles and just look at the 4HM then you will see it
Whats resistance right now on H2 and will adjust in 18 minutes? What has H2 got to get passed for this swing to continue. {image}
Ignored
I was re-reading this and looking at the chart. I missed that there in front of us we had the fib 61.8 resistance and that in 18 minutes that level would have moved lower, leaving the market free to continue to rise.
How do you know where support and resistance lives in the Paradox? I think Dana mentioned it about 5,000 times. You study, you watch the market, you take screenshots, you study some more. How do you think Dana posted all those entries and examples on H2 and then you have the same setup on a different day on H2 and it didn't do the same thing as Dana's example? Like Hoss mentioned earlier with AUDUSD, once you know where support and resistance is, you can trade the Paradox. Look at this mess they have created with the NFP {image}
Ignored
Thanks L1ghtning for your input. Just wanted to show the guys with lots of screen time, you can spot strong S/R. I chose AU because there was resistance across multiple charts. Even with non-farm, there was about a 99% chance this was not making a run north.
Life is too short to have anything but delusional notions about yourself.
I took this last night and was debating whether or not to post it. This is how I trade. H2 is the trading chart and then I stand back and look at the bigger picture. What is the bigger picture telling you in this moment on the Daily: {image} For a minute, lets just focus on H2 solely. The market is at support with DB, SAR, standard and hidden divergence attached at the fibo 0. Lets park how we know the market is at support for a moment though. During the USD high impact release yesterday we saw the pullback off H2 Romar resistance and down to the...
Ignored
Yeah that’s where I wanted to enter as well but would not be able to close the trade due to going to bed before the release.
I would have entered at 148.68 as I had the PSAR/SAR entry on my plan but unfortunately missed it due to being away from home.
Nice to see some things coming together although a lot still doesn’t make sense. The SAR/DB specifically can still be confusing.
When you have the SAR opposite of DB the next connection will be with the DB in trend. What gets me is DB/SAR together. If they connect at the end of a tend at the 0 there should be a reversal correct? (Although it can still push lower low).
{quote} I said in post 267 "How does the market break Romar resistance? The trend. H1 and H2 4HM together." Look at your charts right now and forget the bars/ candles and just look at the 4HM then you will see it
Ignored
Dana had a post early on in the thread where he said H1 ROMAR will be first with purple/EMA. Followed by H2. Which if the 4H are strong enough will break through as well. If H1 stops it’s game over.
Similar scenario from yesterday. Once H1 ROMAR became support, purple was at H2 ROMAR, and it was full blown up you had a great entry during the London session. As you mention the US news was only a few hours away though.
{quote} Dana had a post early on in the thread where he said H1 ROMAR will be first with purple/EMA. Followed by H2. Which if the 4H are strong enough will break through as well. If H1 stops it’s game over. Similar scenario from yesterday. Once H1 ROMAR became support, purple was at H2 ROMAR, and it was full blown up you had a great entry during the London session. As you mention the US news was only a few hours away though.
Ignored
A bit confused by this. I guess you're not talking about EJ in regards to yesterday's scenario. Could you specify which pair you are referring to so that the learner doesn't get confused?
Listen to what L1ghtning is saying, guys. He trades just like I do. It's worth your time even if it takes 6 months.
Ignored
I want to reiterate how grateful I am to lightning and the other guys who are helping us here. They do it completely selflessly and that to me says a lot about what kind of people they are. At the risk of seeming a "kiss ass", I will never miss an opportunity to thank them. I don't know if I will ever be successful with this system and trading but my thanks are regardless of that
{quote} I want to reiterate how grateful I am to lightning and the other guys who are helping us here. They do it completely selflessly and that to me says a lot about what kind of people they are. At the risk of seeming a "kiss ass", I will never miss an opportunity to thank them. I don't know if I will ever be successful with this system and trading but my thanks are regardless of that
Ignored
Stick with it. There are many nuances with it. Nothing repeats exactly, but situations rhyme. Dana speaks of the variables, that is what he is eluding to.
Life is too short to have anything but delusional notions about yourself.
{quote} A bit confused by this. I guess you're not talking about EJ in regards to yesterday's scenario. Could you specify which pair you are referring to so that the learner doesn't get confused?
Ignored
I am talking about the EJ. The 1HR was in a slider with purple/ROMAR before it broke through as you can see in the image. With the 4H in a strong up trend on the 2hr as well there was a few entries. Personally, the entry at the 2 hr EMA with purple at the crossing was the one I would have taken as per my trading plan.However as L1ghtning mentioned, there was a release coming up so no go.
Also, the daily had the open candle above PSAR and EMA was still support. Something important to note as well that made the long the trade with how the other charts lined up.
{quote} I have to go to review because now romar is also support. If I remember correctly this happens when Romar cross Purple. May I ask why Romar wasn't a concern in the Asian session and you could get an entry there? maybe because you also had the strength of 4h? Thank you
Ignored
I also re-read my response to Lightning and wanted to correct it as I didn't understand what he was telling me. I do it so as not to leave confusion to those who will read the old posts.
Obviously he was referring to EMA and not to Romar. Ema was resistance because Romar was still above it. And Ema was also support because she was above purple. This is something Dana explained
{quote} I am talking about the EJ. The 1HR was in a slider with purple/ROMAR before it broke through as you can see in the image. With the 4H in a strong up trend on the 2hr as well there was a few entries. Personally, the entry at the 2 hr EMA with purple at the crossing was the one I would have taken as per my trading plan.However as L1ghtning mentioned, there was a release coming up so no go. Also, the daily had the open candle above PSAR and EMA was still support. Something important to note as well that made the long the trade with how the...
Ignored
LOL.
I understand now my confusion as to what is due. What is "yesterday" to you is "today" to me. Different time zones
{quote} Stick with it. There are many nuances with it. Nothing repeats exactly, but situations rhyme. Dana speaks of the variables, that is what he is eluding to.
Ignored
Yeah there's so many variables that the entries seem limitless. The big thing i'm realizing is that it really is all about "the big picture". There's not a single ONE thing that makes a trade good or bad. The daily for instance has been a big part of my plan for 2 days in a row now.
The paradox System 2023 (for beginners)
