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The Paradox System

  • #1,361
  • Feb 3, 2016 9:45am Feb 3, 2016 9:45am
As I have said - this is a very highly volatile pair. If you do not trade by the rules you will get burnt. The Daily ROMAR is resistance. The 1 hour ROMAR is resistance. And the 2 hour ROMAR is support but in the downtrend. White crossing Purple on the 2 hour will stop the downtrend for consolidating; but if Smooth does not cross then the trend is still down. Those are the rules. In consolidation the objective is taking a hit off resistance back into the trend - such as EMA as one trader had done to ROMAR. If you make up your own rules then the story is sad.
The Dove - Forex Trainer
  • #1,362
  • Feb 3, 2016 9:55am Feb 3, 2016 9:55am
Quoting bigijs
{quote} Because market is in consolidation. When one of the three charts (1H,2H,Daily) says diferently, then the market is in consolidation. Now the market tries to get back into its Daily trend. When 2H will turn its trend and all charts represent the same trend then we will take ONLY trades in the direction of trend. Right now, as the market is in consolidation, we can take positions in both directions.
So if we are in consolidation and we can trade either way how do you know that you wont get caught on the wrong side for that trade if the indicators are not aligned on 1h and 2h?
  • #1,363
  • Feb 3, 2016 9:55am Feb 3, 2016 9:55am
I made a post last night in regards with the Fibo of when it will flip. I stated it all depends on the 2 hour trend. It could flip at the 61.8 if the 2 hour White crosses to stop the trend for consolidation; or it will continue from bar to bar in creating a new lower/low. And as you can see it created a new lower/low and it is not finished yet. Smooth/EMA are still in the downtrend.
The Dove - Forex Trainer
  • #1,364
  • Feb 3, 2016 10:00am Feb 3, 2016 10:00am
Thank you Dove. I took a short when the SAR reached to top of the candle on the H1 chart, trading in the direction of the H2 fibo. Still waiting to see what happens with H2 fibo flip.
  • #1,365
  • Feb 3, 2016 10:06am Feb 3, 2016 10:06am
The fibo DID flip upwards (turned green) on the 2 hour to go up in conjunction with new swing low (lime price box)
  • #1,366
  • Feb 3, 2016 10:07am Feb 3, 2016 10:07am
Quoting rcbarlow
Thank you Dove. I took a short when the SAR reached to top of the candle on the H1 chart, trading in the direction of the H2 fibo. Still waiting to see what happens with H2 fibo flip.
Well - at least now can read the hour SAR/DB.
The Dove - Forex Trainer
  • #1,367
  • Feb 3, 2016 10:09am Feb 3, 2016 10:09am
Quoting dove_alliance
I made a post last night in regards with the Fibo of when it will flip. I stated it all depends on the 2 hour trend. It could flip at the 61.8 if the 2 hour White crosses to stop the trend for consolidation; or it will continue from bar to bar in creating a new lower/low. And as you can see it created a new lower/low and it is not finished yet. Smooth/EMA are still in the downtrend.
Romar on 2h has confused me today as for the most part all the indicators on h2 have been showing a down trend however romar has been in up trend then on 1h and daily romar has been in down trend.
  • #1,368
  • Feb 3, 2016 10:29am Feb 3, 2016 10:29am
Quoting rcbarlow
Thank you Dove. I took a short when the SAR reached to top of the candle on the H1 chart, trading in the direction of the H2 fibo. Still waiting to see what happens with H2 fibo flip.
++++++++++++++++++++++++++++++++

Also sold in same area.
• D1 hit White with Romar about 25 pips above for more resistance.
• H2 hit EMA with PSAR about 25 pips above, also giving me more resistance.
• H1 hit PSAR

Although I only netted 17 pips, I'm good with that. My concern with cutting trade short was proximity of H2 Smooth standing in the way of a "Smooth" trip down.

Guess if Dove can penetrate my skull, there's hope for all...
  • #1,369
  • Feb 3, 2016 10:30am Feb 3, 2016 10:30am
I have been trying to figure out why so many problems with traders MT4. After thinking about it; if you do not have your toolbars showing I want you to go to "View" - "Toolbars" and then click on "Charts".

You have an automatic scroll button and to the right another button which is shifting your chart from the right. BOTH of those buttons must be turned on. If not; then do so and see what happens from there.
The Dove - Forex Trainer
  • #1,370
  • Feb 3, 2016 10:34am Feb 3, 2016 10:34am
I think some people also have Market Watch, Navigator, and Data window open on the left side of charts. These must be closed to see full chart as you intended. Otherwise, red and green fibo is not showing correctly.
  • #1,371
  • Feb 3, 2016 10:40am Feb 3, 2016 10:40am
Quoting rcbarlow
I think some people also have Market Watch, Navigator, and Data window open on the left side of charts. These must be closed to see full chart as you intended. Otherwise, red and green fibo is not showing correctly.
FFS this fixed my fibo. It was showing green with the lime price box attached at 0 so i bought. Thanks
  • #1,372
  • Feb 3, 2016 10:45am Feb 3, 2016 10:45am
I have green Fibo only on H1 charts. H2 Fibo is still Red.
  • #1,373
  • Feb 3, 2016 10:49am Feb 3, 2016 10:49am
Quoting explaintomep
{quote} FFS this fixed my fibo. It was showing green with the lime price box attached at 0 so i bought. Thanks

why does stretching the horizontal on the date time axis change the fib from green to red?
  • #1,374
  • Feb 3, 2016 10:51am Feb 3, 2016 10:51am
Must be some quirk in MT4.
  • #1,375
  • Feb 3, 2016 10:55am Feb 3, 2016 10:55am
Claimed 40 pips entering a short on the 2-hour chart when the price hit the EMA, White was touching purple but smooth was sliding above suggesting down trend will continue. ROMAR and EMA also suggested downtrend.

On the one hour chart SAR had made a new swing high too, ROMAR was acting as resistance and smooth was sliding.

Good Trade?

Edit: adding 1 hour chart screen shot
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  • #1,376
  • Feb 3, 2016 10:56am Feb 3, 2016 10:56am
Quoting tonybrou
{quote} why does stretching the horizontal on the date time axis change the fib from green to red?
++++++++++++++++++++++++++++++++

Best guess: As you expose more bars, you also can see more HH & LL's
  • #1,377
  • Feb 3, 2016 11:01am Feb 3, 2016 11:01am
Quoting diamonddbw
{quote} ++++++++++++++++++++++++++++++++ Best guess: As you expose more bars, you also can see more HH & LL's
Yep has to do with screen size if I use the zoom out I get more bars and colour change to red
  • #1,378
  • Feb 3, 2016 11:02am Feb 3, 2016 11:02am
I have found that if you have your chart at full screen and click on the + sign until it grays out, you are good.
  • #1,379
  • Feb 3, 2016 11:14am Feb 3, 2016 11:14am
Quoting rcbarlow
I have green Fibo only on H1 charts. H2 Fibo is still Red.
The 2 hour is also Green
The Dove - Forex Trainer
  • #1,380
  • Feb 3, 2016 11:15am Feb 3, 2016 11:15am
Quoting rcbarlow
I think some people also have Market Watch, Navigator, and Data window open on the left side of charts. These must be closed to see full chart as you intended. Otherwise, red and green fibo is not showing correctly.
There is also a chart shift at the top of the chart. Depending on where that is set it will change the fibo from up to down, etc. Only one bar on the chart can make difference on which way the fibo is pointing.


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