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The Paradox System

  • #2,841
  • Feb 24, 2016 7:17pm Feb 24, 2016 7:17pm
maybe to early short @ 123,814
  • #2,842
  • Feb 24, 2016 7:17pm Feb 24, 2016 7:17pm
Quoting snfx
sorry was looking to enter short... {image}
Thnk you snfx...so you have entered one bar earlier, I did want to enter there as well but I was waiting for EMA to cross the purple
  • #2,843
  • Feb 24, 2016 7:18pm Feb 24, 2016 7:18pm
Hi Dove, Can you please check the accuracy of my charts with thanks.
GJ
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1Hr.JPG Size: 187 KB
Click to Enlarge Name: 2Hr.JPG Size: 201 KB
Click to Enlarge Name: Daily.JPG Size: 167 KB
  • #2,844
  • Feb 24, 2016 7:18pm Feb 24, 2016 7:18pm
I must accept... this Market is very hard to me.... i cant see where can be my entries....
  • #2,845
  • Feb 24, 2016 7:29pm Feb 24, 2016 7:29pm
Quoting JeeJay
Hi Dove, Can you please check the accuracy of my charts with thanks. GJ {image} {image} {image}
You must have 40 Candles only.
  • #2,846
  • Feb 24, 2016 7:40pm Feb 24, 2016 7:40pm
Hi Contrax, This is my H2 highest zoom level picture. It has only 33 bars. How could I set it to 40 bars please?
GJ
Attached Image (click to enlarge)
Click to Enlarge Name: 2Hr Highest zoom level.JPG Size: 175 KB
  • #2,847
  • Feb 24, 2016 7:45pm Feb 24, 2016 7:45pm
Quoting Contrax
I must accept... this Market is very hard to me.... i cant see where can be my entries....
Well, what do we have.

D1 obviously still hard down trend. Market is at purple resistance.
H2 is a downtrend, but EMA is now support, along with 4 Horsemen. ROMAR is resistance, but is outside of the playing field (beyond the BB). Last 2HR open, white crossed smooth, just as purple crossed EMA.
H1 is a downtrend, but EMA is support, along with 4 Horsemen. ROMAR is resistance and the market is at it. H1 Fibo has now flipped to down.

So in this moment, what do we have? H1 is at Resistance, D1 is at Resistance, and H2 is in the middle of nowhere. I think a likely scenario is that the market will fall into H2 support, but that's not this moment.

Currently I am still sticking with my original plan of buying at Support on H2 or selling once H2 purple crosses white, so right now I'm doing nothing. I suppose I could have had in my plan to buy should H2 white cross smooth, but at the time, the market was so far from the EMA.

Obviously, I'm still learning, just trying to think out loud here.
  • #2,848
  • Feb 24, 2016 7:48pm Feb 24, 2016 7:48pm
Market retrace to H1 ROMAR and Purple, done with my trade today, my entry and closed seem similar with SNFX's. Thanks Dana! and thanks all to you guys who are willing to share with us!
Attached Image (click to enlarge)
Click to Enlarge Name: 40 pips.png Size: 8 KB
  • #2,849
  • Feb 24, 2016 7:48pm Feb 24, 2016 7:48pm
Quoting snfx
maybe to early short @ 123,814
Do not post another multiple trade. This is not about greed but learning in how to trade. Learn to walk away from a profit until the next day or your greed will catch up with you and take you down.
The Dove - Forex Trainer
  • #2,850
  • Feb 24, 2016 7:52pm Feb 24, 2016 7:52pm
Quoting JeeJay
Hi Dove, Can you please check the accuracy of my charts with thanks. GJ {image} {image} {image}
You begin from page 1 and learn in how to set up and how to trade. Your 1 hour is wrong.
The Dove - Forex Trainer
  • #2,851
  • Feb 24, 2016 7:57pm Feb 24, 2016 7:57pm
Quoting JMaurice
{quote} Well, what do we have. D1 obviously still hard down trend. Market is at purple resistance. H2 is a downtrend, but EMA is now support, along with 4 Horsemen. ROMAR is resistance, but is outside of the playing field (beyond the BB). Last 2HR open, white crossed smooth, just as purple crossed EMA. H1 is a downtrend, but EMA is support, along with 4 Horsemen. ROMAR is resistance and the market is at it. H1 Fibo has now flipped to down. So in this moment, what do we have? H1 is at Resistance, D1 is at Resistance, and H2 is in the middle of nowhere....
Yes, i really dont see where to Buy.... im waiting for sell the pair again. I need to workout my Patience... The Good Thing today of this market, was very good for learn.
  • #2,852
  • Feb 24, 2016 7:58pm Feb 24, 2016 7:58pm
When smarter and more experience than me give me advice I am not stupid not to listen, close my short and cancel limit order.
  • #2,853
  • Feb 24, 2016 8:01pm Feb 24, 2016 8:01pm
Hi Dove, I exactly followed up your instructions when uploaded the charts. I have no idea what went wrong with the 1H chart while the 2H and the Daily are correct. Can you please let me know the error in 1H chart?
GJ
  • #2,854
  • Edited 8:15pm Feb 24, 2016 8:03pm | Edited 8:15pm
Quoting Contrax
{quote} Yes, i really dont see where to Buy.... im waiting for sell the pair again. I need to workout my Patience... The Good Thing today of this market, was very good for learn.
I need to work on patience too. Badly. But right now I don't see anything to trade at the open of this H2 bar, so either I'm missing something, or there is nothing to do. In either case, there's no reason for me to take a trade!

I have a question regarding the chart below: What is different from the bar open after the first Orange arrow and the bar open after the second Orange arrow. Both were at the EMA, parabolics were the same, purple had crossed white, but white was below smooth. One was the start of the day, the other at the end. Other than that I'm not seeing the difference (and perhaps there isn't, one is just a short for a win and the other a short for a loss). Thank you for any input.
Attached Image (click to enlarge)
Click to Enlarge Name: Question.png Size: 87 KB
  • #2,855
  • Feb 24, 2016 8:11pm Feb 24, 2016 8:11pm
Quoting JeeJay
Hi Dove, I exactly followed up your instructions when uploaded the charts. I have no idea what went wrong with the 1H chart while the 2H and the Daily are correct. Can you please let me know the error in 1H chart? GJ
Well JeeJay - how much have you read so far?
The Dove - Forex Trainer
  • #2,856
  • Feb 24, 2016 8:13pm Feb 24, 2016 8:13pm
Hi Dana,

I have closed my trade today, but for someone who just check their chart right now (for example), they will see all the setup has been established right now for going long, my question is : is it correct to go long at this time when market open above H1 Romar (which is resistance), and now Purple cross ROMAR?
Thanks a lot
  • #2,857
  • Feb 24, 2016 8:15pm Feb 24, 2016 8:15pm
Quoting dove_alliance
{quote} Well JeeJay - how much have you read so far?
I read upto 18 pages so far.
  • #2,858
  • Feb 24, 2016 8:16pm Feb 24, 2016 8:16pm
Quoting mav3n
Hi Dana, I have closed my trade today, but for someone who just check their chart right now (for example), they will see all the setup has been established right now for going long, my question is : is it correct to go long at this time when market open above H1 Romar (which is resistance), and now Purple cross ROMAR? Thanks a lot
You already got your 40 for the day - is that correct.
The Dove - Forex Trainer
  • #2,859
  • Feb 24, 2016 8:16pm Feb 24, 2016 8:16pm
Quoting JeeJay
Hi Dove, I exactly followed up your instructions when uploaded the charts. I have no idea what went wrong with the 1H chart while the 2H and the Daily are correct. Can you please let me know the error in 1H chart? GJ
Hi Jeejay, please check your template setup again! because it will be impossible for H2 to be correct without H1 being correct. It is because H2 data is derived from H1 data, so H1 must be correct at the first time.
  • #2,860
  • Feb 24, 2016 8:17pm Feb 24, 2016 8:17pm
Quoting dove_alliance
{quote} You already got your 40 for the day - is that correct.
I understand! thank you Master!
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