The paradox System 2023 (for beginners)

Quoting Danielesse87

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It looks like we will have a slider. white cross purple and smooth cross purple on the next bar but market don't open below EMA and now smooth is at white for cross but EMA is far from purple. In studying slider notes there are these two rules. Dana in some posts says that if smooth crosses purple in the same or next bar, in 90% of cases the market will open below EMA and that is an entry for reversal. However there is a second rule for the slider: if Smooth crosses the white and EMA is not at purple for the cross on the same bar then we have a...

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Quoting Danielesse87

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finally got the settings right for the Simulator and will be able to go back in the old posts of the original thread to see exactly what the traders are talking about. I think this will help me a lot as it was one of my biggest difficulties if not the main one! Thanks to Baje for his help!

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Quoting SeriTrade

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{quote} I just came back. Looking at the chart, i am lost.

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Quoting Lusky

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{quote} he found the rules to match the situation, go dig these out yourself and study the examples, this is basically the end all be all for your 40/40 trades, the market is going to do one or the other and the rules and visuals are there for you.

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Quoting SeriTrade

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{quote} Thank you for the direction. Will dig those examples and study. This type of situation kills me in the past many many times. Edit: My problem is I do not know what to look for. I need to study.

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Quoting SeriTrade

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{quote} Got it. Will study more and hopefully it will become second nature.

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Quoting SeriTrade

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{quote} Here is one of the rule from Dana. Lets say you have EMA holding support for the uptrend. And you have Purple, White, and Smooth holding Resistance and they are only a few pips spread between support and resistance. What would you do? The answer is waiting on the breakout.

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Quoting Lusky

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Attached is my trading plan for EJ market open Friday. Lusky {image}

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Quoting Lusky

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{quote} ok, since you found this just make sure you understand what his definition of "breakout" is in some of these spots, he has examples in there and breakouts can be two opposite scenarios using the same "breakout" wording if that makes sense....

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Quoting Danielesse87

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{quote} The consolidation phase is a showdown between bears and bulls. The breakout to the downside would have been an EMA/purple cross with confirmation of the PSAR flip. Confirmation of breakout to the north was 1- open above purple with white at purple and 2- smooth/purple cross as further confirmation. I just reviewed this scenario in the simulator and Dana talks about it in the very first posts on the original thread. Don't anticipate

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Quoting SeriTrade

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{image} Edit: in the mean time study from page 1 again. Cheers.

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Quoting Tshering.bt

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EURJPY, 15June 2023 Daily ROMAR: Support EMA: Support PSAR: Support Notes: 4Horsemen uptrend, Both Divergences with DB/SAR attached at the top, EMA & MACD alerts up Fibo Red for down. Daily is consolidated uptrend H4 Same scenario as the Daily. ROMAR,EMA, PSAR all holding support with 4 Horsemen in uptrend and DB/SAR and divergences at top. BB opening wide for HH. Red Fibo H2 Same scenario as Daily & H4. ROMAR,EMA,PSAR holding support. 4 horsemen up, DB/SAR and divergences attached at top and Red Fibo H1 Same as the other charts. Notes: All charts...

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Quoting Lusky

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{quote} The Daily is NOT out of balance

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Quoting Tshering.bt

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{quote} Daily was 70 pips away from purple and thought was out of balance. maybe my understanding was wrong. Still learning

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Quoting Danielesse87

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{quote} I also remember reading that the balance depends on the distance from the purple. but I also remember talking about 3 candles before going back to purple with a retracement or going sideways. 4 candles for the downtrend.

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Quoting Lusky

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{quote} here is another hint, same theme L1ightning and I been suggesting here since this thread opened. Why not create a Doc called Balance and put all the Balance Rules in there and per specific time frame and whatever else he teaches for balance and have the rules right instead of depending on you memory. Your memory here is wrong / incomplete. Doesn't Dana teach "the rules are set in stone"? So, why try and use a version of them that is close when you can use the exact....

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