One other thing - be sure you are not in a trade over the week-end with these meetings. You just might find your trade gone and in the hole when the market opens on Sunday.
The Dove - Forex Trainer
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The paradox System 2023 (for beginners) 716 replies
Paradox System: post your entry here 12 replies
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Learning the Paradox System=Set up / Trade Plan / Results Only 1 reply
DislikedThanks Dove, that's good advice. Activity always weakens on Friday after 12 est, so may very well be not enough time to garner 40 pips before weekend close anyway. Lost 40 pips from jumping in short to early last night anyway. I really appreciate the sacrifice on your part, giving all the time and effort with us. I now know why I have never given up. Have a Blessed weekend Sir! Andy.Ignored
Disliked{quote} Have a great weekend Contrax! If you have any thoughts as you study this weekend, please post and I'll be checking from time to time as I study too! We'll all get better together my friend!Ignored
Disliked{quote} You too - and everyone else have a great and very blessed week-end.Ignored
DislikedI believe we have a trader on this thread is from the Island Fiji which was devastated with Cyclone Winston. I ask for prayers for those in that area. 40 were killed and over 900 evacuated.Ignored
DislikedI believe we have a trader on this thread is from the Island Fiji which was devastated with Cyclone Winston. I ask for prayers for those in that area. 40 were killed and over 900 evacuated.Ignored
Disliked....she told she forgot to place a stop......
....“How much of that money God had blessed you with did you give back to charity?”...... S
.....She lost it all only because of greed and breaking the rules of trading.......Ignored
DislikedThe DB/SAR is used on the 2 hour and Daily for long term trading and there are several ways in using these indicators. The Fibo is the basic in using DB/SAR for entries. The Fibo highs and lows (the0 point) is also your reference for the entries trading long term. In using these indicators for the 2 hour can run a trade for days into a week. Using the indicators on the Daily can run for weeks. In trading intraday you are looking at 200 pips a week with 40 a day. But using the DB on the 2 hour can accumulate those 200 pips weekly in one or two trades...Ignored
DislikedMy interpretation of Dove's description produces a guess as shown in this picture. If the SAR and DB go from top to bottom of candles then this shape will happen. Any comments anyone. {image}Ignored
Disliked{quote} Yes i think the same thing.... Or can make a new Higher High, and again atach the DB with SAR.Ignored
Dislikedg) Can some point me to where the Divergence is discussed in more detail in the thread? I don't recall every discussing it in more detail, but it seems rather important in terms of why the countertrend trade was taken in the second picture..Ignored
Disliked{quote} I think the SAR is set in stone after candle close. Only the DB can move.Ignored