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  • #1,601
  • Feb 4, 2016 6:15pm Feb 4, 2016 6:15pm
Quoting dove_alliance
{quote} What are you doing - scalping?
No, I opened based on:
1) 2H market retraced to PURPLE
2) 2H PSAR flipped negative
3) 2H now MACD went negative

It was wrong because of 2H SAR and Fib?
  • #1,602
  • Feb 4, 2016 6:16pm Feb 4, 2016 6:16pm
Quoting j0si
Mr. Dove, I have problem with my data and therefore also with my charts (hotforex broker), this is also the reason why I changed my broker for "forex.com" as you recommended. But then came another problem. My mt4 is totally lagging with "forex.com" broker. Maybe cuz of ms of server (for example hotforex - frankfurt/amsterdam servers 34-41 ms and forex.com - NY - 120-140). What to do with this? (I tried change number of candles in options, but it did not help, not at all). Thanks for your opinion.
If it is lagging is because of your computer -- it is using too much CPU.
The Dove - Forex Trainer
  • #1,603
  • Feb 4, 2016 6:19pm Feb 4, 2016 6:19pm
Quoting bigijs
{quote} No, I opened based on: 1) 2H market retraced to PURPLE 2) 2H PSAR flipped negative 3) 2H now MACD went negative It was wrong because of 2H SAR and Fib?
It was wrong because you did not reference the 1 hour before entry.
The Dove - Forex Trainer
  • #1,604
  • Feb 4, 2016 6:22pm Feb 4, 2016 6:22pm
Quoting dove_alliance
{quote} If it is lagging is because of your computer -- it is using too much CPU.
But with hotforex it was ok, no lagging .... just DB and Magenta were not correctly (thatīs the problem)
  • #1,605
  • Feb 4, 2016 6:23pm Feb 4, 2016 6:23pm
Quoting theone3000
{quote} I see Roma as support in H2 and Roma, Ema as support in D1 very close to you short entry. Why don't you wait to break these support ? I think it is difficult to get profit.\ P/s: I'm sorry, I use laptop so I cann't see 40 bar. I also like candle, it is easy for me to see. {image} {image}
My Daily looks differently
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.mDaily.png Size: 60 KB
  • #1,606
  • Feb 4, 2016 6:26pm Feb 4, 2016 6:26pm
Quoting dove_alliance
{quote} It was wrong because you did not reference the 1 hour before entry.
OK, lesson learned.
  • #1,607
  • Feb 4, 2016 6:28pm Feb 4, 2016 6:28pm
Quoting j0si
{quote} But with hotforex it was ok, no lagging .... just DB and Magenta were not correctly (thats the problem)
I do not have the answer because my MT4 live account is attached with FOREX.com and my MT4 does not lag what-so-ever. But I do know if your computer is using the CPU then your charts will lag. So I suggest in turning things off on your computer and use only your MT4 and see what happens.
The Dove - Forex Trainer
  • #1,608
  • Feb 4, 2016 6:32pm Feb 4, 2016 6:32pm
Quoting dove_alliance
{quote} I do not have the answer because my MT4 live account is attached with FOREX.com and my MT4 does not lag what-so-ever. But I do know if your computer is using the CPU then your charts will lag. So I suggest in turning things off on your computer and use only your MT4 and see what happens.
Ok, iīll try Thanks for advice.
  • #1,609
  • Feb 4, 2016 6:33pm Feb 4, 2016 6:33pm
Traders - do not ever disregard the 2 hour ROMAR for either support or resistance.
The Dove - Forex Trainer
  • #1,610
  • Feb 4, 2016 6:52pm Feb 4, 2016 6:52pm
Quoting bigijs
I took a short @ 130.88
I went long based on the 1h fib and the white cross purple macd touching 0
  • #1,611
  • Feb 4, 2016 7:03pm Feb 4, 2016 7:03pm
Quoting tonybrou
{quote} I went long based on the 1h fib and the white cross purple macd touching 0
I'm still holding my short.
When 2H Purple crosses WHITE then I'll close my short position.
  • #1,612
  • Feb 4, 2016 7:34pm Feb 4, 2016 7:34pm
Dove,

Do you take any precautions with your swing trades when the NFP comes around? Or does it generally drive your trades to profit?
  • #1,613
  • Feb 4, 2016 7:39pm Feb 4, 2016 7:39pm
Quoting rcbarlow
Dove, Do you take any precautions with your swing trades when the NFP comes around? Or does it generally drive your trades to profit?
I had to laugh over that one. "Drive me into profit". There is not enough money to get me into ANY high risk announcement. I hope that answers your question.
The Dove - Forex Trainer
  • #1,614
  • Feb 4, 2016 7:46pm Feb 4, 2016 7:46pm
Hello Master.. im still at airport.. my flight is delayed from 4pm then 6pm and now 10pm hahaja crazy.. but enough time for see ur posts.

So you always entry at H2 new candle. You only check 5minutes for 2H candle close and looking for setup.. 10 minutes after.. 5 minutes after a new 2H candle appears if there is nothing.. u just leave and comeback 5 minutes before 2H new candle right?

If you can write more knowedge im happy to read you before u leave. Thank you for ur time and patience Dana. Is a honor after all this time start talking with you again.
  • #1,615
  • Feb 4, 2016 7:49pm Feb 4, 2016 7:49pm
Hi Dove

There is some medium important data coming out on friday for Japan would you recommend closing positions?
  • #1,616
  • Feb 4, 2016 8:01pm Feb 4, 2016 8:01pm
Quoting Contrax
Hello Master.. im still at airport.. my flight is delayed from 4pm then 6pm and now 10pm hahaja crazy.. but enough time for see ur posts. So you always entry at H2 new candle. You only check 5minutes for 2H candle close and looking for setup.. 10 minutes after.. 5 minutes after a new 2H candle appears if there is nothing.. u just leave and comeback 5 minutes before 2H new candle right? If you can write more knowedge im happy to read you before u leave. Thank you for ur time and patience Dana. Is a honor after all this time start talking with you...
I trade the 2 hour bar. If I see the an entry on the 2 hour then I reference the 1 hour to see if the 1 hour is in consistent with the 2. If they are then I will take an entry off support going up on either chart or - down off resistance on either chart (depending on trend). BUT again; the entry has be within the last 10-15 minutes of ending the 2 hour candle. If too early could cost me the retrace (drawback) of the entry. In other words - The 2 or 1 could hit either support/resistance and keep going lower/low or higher/high with the entry and leave me in the hole instead of B/E. Most times I will wait for the next 2 hour open bar.
The Dove - Forex Trainer
  • #1,617
  • Feb 4, 2016 8:03pm Feb 4, 2016 8:03pm
Quoting tonybrou
Hi Dove There is some medium important data coming out on friday for Japan would you recommend closing positions?
The NFP effects all the major pairs. Like I have said - you close your trades at least 5 minutes before the announcement. Either in profit or in a lost.
The Dove - Forex Trainer
  • #1,618
  • Feb 4, 2016 8:04pm Feb 4, 2016 8:04pm
My broker is forex.com (Broker time is GMT+0)

My local time is GMT+7.

Who know how to set gmtServerOffset in Paradox Session Indicator. Please show me, I read Dove's instruction but I don't see

By the way, I think we will have a long entry as market break EMA, PSAR in H1 and H2, we have many strong support here.
  • #1,619
  • Feb 4, 2016 8:07pm Feb 4, 2016 8:07pm
OK traders - it is time to call it a night - everyone trade well; take care; and God bless us all.
The Dove - Forex Trainer
  • #1,620
  • Feb 4, 2016 8:07pm Feb 4, 2016 8:07pm
For 7 hours now, the market has been in congestion. I thought it would start it's upward move by now. Don't know what is keeping it from moving. Or wether it is worth keeping the long trade open overnight.
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Thunderli