ok, hello again, today i struggled: UsdCad short, both 1hr 2hr stated strong sell at 07:37 est i entered short for 20 pip and i closed at 11:03 with just 4 pip. Along the way i had already noticed that h2 wasn't lined up properly, will try again tomorrow to find a better trade. Im allowing myself to trade with 3% risk to increase the tradesize a little bit, not sure if that is smart, until now 7 trades, 5 with profit exit on TP, 1 loser and 1 exit at market profit.
- #6,042
- Apr 25, 2016 12:25pm Apr 25, 2016 12:25pm
ok, hello again, today i struggled: UsdCad short, both 1hr 2hr stated strong sell at 07:37 est i entered short for 20 pip and i closed at 11:03 with just 4 pip. Along the way i had already noticed that h2 wasn't lined up properly, will try again tomorrow to find a better trade. Im allowing myself to trade with 3% risk to increase the tradesize a little bit, not sure if that is smart, until now 7 trades, 5 with profit exit on TP, 1 loser and 1 exit at market profit.
Hey there. If you want help you will need to switch for Eur/Jpy quote. It is a dovish market and the Paradox works best with them (manipulated markets). Don't get me wrong, the paradox works with any other quotes. But for the purpose of learning you need to use Eur/Jpy as stated by Dana.
Once you use Eur/Jpy it will be much easier for me to answer any questions as I got that quote running through my veins. lol
Stay safe brother. Take care
No tree, it is said, can grow to heaven unless its roots reach down to hell
- #6,043
- Apr 25, 2016 2:20pm Apr 25, 2016 2:20pm
{quote} Hey there. If you want help you will need to switch for Eur/Jpy quote. It is a dovish market and the Paradox works best with them (manipulated markets). Don't get me wrong, the paradox works with any other quotes. But for the purpose of learning you need to use Eur/Jpy as stated by Dana. Once you use Eur/Jpy it will be much easier for me to answer any questions as I got that quote running through my veins. lol
ok thanks, will do that tomorrow, i'll keep posting
Hi have been using this indicator for a couple months now and had some success on EURJPY but want to move onto another currency pair , what with the recent announcements of Britain moving away from euro was thinking about cable (USDGBP) but want to avoid that for same reason. Does anyone recommend a pair that they have had success with (although I am sure it would work great with anything. I'd just like to reiterate the thanks from many of forex factory members, you're a good man Dove
Hi have been using this indicator for a couple months now and had some success on EURJPY but want to move onto another currency pair , what with the recent announcements of Britain moving away from euro was thinking about cable (USDGBP) but want to avoid that for same reason. Does anyone recommend a pair that they have had success with (although I am sure it would work great with anything. I'd just like to reiterate the thanks from many of forex factory members, you're a good man Dove
Hello Preacha
You can trade any pair with the system! It is even stated on this Thread !
(Read it from A to Z if it's not done yet). Just make sure you don't trade subjectively (like : ''oh there's a bad news for the Yen I'll short it'').
You need to remain Objective and trade what the whole system is saying.
EUR/JPYworks great. You should stick to one pair! Be it the GBP/USD or if you feel crazy even, let's say, the RUB/SEK would work lol!
No tree, it is said, can grow to heaven unless its roots reach down to hell
