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  • #521
  • Edited 8:03am Jan 28, 2016 7:52am | Edited 8:03am
Good Morning Traders, I spotted an entry 10 minutes after the red USD news. Off of the H2 chart. Entry was long at confluence of 38.2 retracement and H2 EMA. Purple, white, and smooth were bunched up together, neither stacked up or down. Entry from 118.69. I am open to feedback.

I felt it was an aggressive entry, because to go +40 will require a break of yesterday's high. So, tucked TP just under yesterday high at +35 and took risk to -35, safely under MA20 and 61.8 retracement.

Thank you.
  • #522
  • Jan 28, 2016 8:03am Jan 28, 2016 8:03am
Quoting GDayMates
Good Morning Traders, I spotted an entry 10 minutes after the red USD news. Off of the H2 chart. Entry was long at confluence of 38.2 retracement and H2 EMA. Purple, white, and smooth were bunched up together, neither stacked up or down. Entry from 118.69. I am open to feedback. Thank you.
Me too
+ 20
  • #523
  • Jan 28, 2016 8:04am Jan 28, 2016 8:04am
Maybe there will be some pip more...
  • #524
  • Jan 28, 2016 8:50am Jan 28, 2016 8:50am
hai everyone and Mr Dove i want ask some suggestion about this position
do you think that it is good position?because as i see all the requirement is meet,, but it is not reached 40 pip
h1
Attached Image (click to enlarge)
Click to Enlarge Name: 26 jan.jpg Size: 130 KB

as my understanding Psar has flip, white cross purple and smooth market above EMA, EMA above ROMAR

H2
Attached Image (click to enlarge)
Click to Enlarge Name: 26 jN H2.jpg Size: 107 KB

in H2 PSAR had not flip, but white and smooth has cross purple, i think it is bad trade because EMA is above ROMAR

do we have to wait until it touched psar?? need your enlightment
  • #525
  • Jan 28, 2016 9:07am Jan 28, 2016 9:07am
Quoting slayervamp
hai everyone and Mr Dove i want ask some suggestion about this position do you think that it is good position?because as i see all the requirement is meet,, but it is not reached 40 pip h1 {image} as my understanding Psar has flip, white cross purple and smooth market above EMA, EMA above ROMAR H2 {image} in H2 PSAR had not flip, but white and smooth has cross purple, i think it is bad trade because EMA is above ROMAR do we have to wait until it touched psar?? need your enlightment
Hi

I can only speak from my experience so far but it looks like you are too far away from any support. The idea with this system is to buy from support and sell from resistence. If your psar had flipped on the price bar that closed above the ROMAR/EMA etc, then that in my opinion would be a good trade as you are buying from support (ema & ROMAR) and your a lot closer to the bottom of the turn.

In the chart you posted, you are basically buying a price bar that looks mid-air, its just hanging there!!! Probably still good for 20 pips though??

My opinion anyway, hope that helps.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #526
  • Jan 28, 2016 9:09am Jan 28, 2016 9:09am
Quoting slayervamp
hai everyone and Mr Dove i want ask some suggestion about this position do you think that it is good position?because as i see all the requirement is meet,, but it is not reached 40 pip h1 {image} as my understanding Psar has flip, white cross purple and smooth market above EMA, EMA above ROMAR H2 {image} in H2 PSAR had not flip, but white and smooth has cross purple, i think it is bad trade because EMA is above ROMAR do we have to wait until it touched psar?? need your enlightment
On yesterday postings - what did I say about that very same trade?
The Dove - Forex Trainer
  • #527
  • Jan 28, 2016 9:27am Jan 28, 2016 9:27am
For some reason it seems everyone missed what happens with the parabolic on the 2 hour chart with the White/Purple crossing.
The Dove - Forex Trainer
  • #528
  • Jan 28, 2016 9:42am Jan 28, 2016 9:42am
To me Sir, it looks like nothing happens with Parabolic on White/Purple crossing. I do not see the flip until EMA/Purple crossing.
  • #529
  • Jan 28, 2016 9:46am Jan 28, 2016 9:46am
Quoting GDayMates
To me Sir, it looks like nothing happens with Parabolic on White/Purple crossing. I do not see the flip until EMA/Purple crossing.
I was referring to your trend chart.
The Dove - Forex Trainer
  • #530
  • Jan 28, 2016 9:51am Jan 28, 2016 9:51am
Sir, I must be missing your point. I assume by trend chart you mean H2. I am not seeing parabolic flip until EMA/Purple cross.
  • #531
  • Jan 28, 2016 9:53am Jan 28, 2016 9:53am
Quoting GDayMates
Good Morning Traders, I spotted an entry 10 minutes after the red USD news. Off of the H2 chart. Entry was long at confluence of 38.2 retracement and H2 EMA. Purple, white, and smooth were bunched up together, neither stacked up or down. Entry from 118.69. I am open to feedback. I felt it was an aggressive entry, because to go +40 will require a break of yesterday's high. So, tucked TP just under yesterday high at +35 and took risk to -35, safely under MA20 and 61.8 retracement. Thank you.
It's nice knowing I can spot entries and have others verify.
  • #532
  • Jan 28, 2016 9:53am Jan 28, 2016 9:53am
Quoting dove_alliance
{quote} I was referring to your trend chart.
Dove, I too did not see a parabolic flip on the purple/white on H2 chart, only when purple crosses EMA do I see parabolic flips.
  • #533
  • Jan 28, 2016 9:57am Jan 28, 2016 9:57am
Quoting slayervamp
hai everyone and Mr Dove i want ask some suggestion about this position do you think that it is good position?because as i see all the requirement is meet,, but it is not reached 40 pip h1 {image} as my understanding Psar has flip, white cross purple and smooth market above EMA, EMA above ROMAR H2 {image} in H2 PSAR had not flip, but white and smooth has cross purple, i think it is bad trade because EMA is above ROMAR do we have to wait until it touched psar?? need your enlightment
In this scenario - with the 2 hour is the same I had posted yesterday. And I will explain again. To begin with the trade is a counter-trade because the entry is against both Parabolic AND ROMAR support. Which means if you have a least a 20 pip spread between the first support, which is the parabolic, and your entry then the chances - with a risk - you might get the 20. counter-trading is risky no-matter how you look at it. On the trend chart - H2 - the parabolic is eliminated with the White/Purple crossing in either direction.
The Dove - Forex Trainer
  • #534
  • Jan 28, 2016 9:58am Jan 28, 2016 9:58am
Quoting GDayMates
Sir, I must be missing your point. I assume by trend chart you mean H2. I am not seeing parabolic flip until EMA/Purple cross.
Post me a picture so I can see what you are saying.
The Dove - Forex Trainer
  • #535
  • Jan 28, 2016 9:58am Jan 28, 2016 9:58am
Entry on the 2HR parabolic support at the moment.
  • #536
  • Jan 28, 2016 10:01am Jan 28, 2016 10:01am
First of all what does eliminated mean:

It is no longer support or resistance. I didn't say it would disappear.
The Dove - Forex Trainer
  • #537
  • Jan 28, 2016 10:02am Jan 28, 2016 10:02am
Quoting Bsverma
sir good evening sir can help me for download for paradox system i am so intresting for this .but i problem here not found it in my chart.sir please help me i explaine here what i do . sir 1st i open mt4 file then i got open data folder.after open data folder then i got template. i open template and copy all and sir here i face problem as you instruction paste it[sir where i paste all these in tamplate or any other place. next my step sir open MQL4 but here i also same problem that is previous [copy all but where i paste it] please sir request to...
first i go to kedarnath, say prayers

then i open my computer , and open the folder / directory in which mt4 is installed

then i open the indicators folder under mql4 folder and copy all indicators there

then i go to templkates folder and copy template there

then i close all folders

then i go to kedarnath to say thanks

then i open mt4

then i open eurusd chart

then i right click on chart

then i a menu opens

then i click on templates in that menu and select the template

when i see everything working i close mt4

then i go to kedarnath to say thanks

then i come back and open mt4 and start using it

every month i go to kedarnath to say thanks

........


......


......
  • #538
  • Jan 28, 2016 10:03am Jan 28, 2016 10:03am
Quoting L1ndgren
Entry on the 2HR parabolic support at the moment.
You are saying you are in a buy?
The Dove - Forex Trainer
  • #539
  • Jan 28, 2016 10:04am Jan 28, 2016 10:04am
Quoting dove_alliance
{quote} Post me a picture so I can see what you are saying.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH2.png Size: 86 KB
  • #540
  • Jan 28, 2016 10:05am Jan 28, 2016 10:05am
Quoting dove_alliance
{quote} You are saying you are in a buy?
I would probably only buy if 1HR was also in sync with 4 horsemen
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