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- GDayMates replied Jan 28, 2016
Sir, I must be missing your point. I assume by trend chart you mean H2. I am not seeing parabolic flip until EMA/Purple cross.
The Paradox System
- GDayMates replied Jan 28, 2016
To me Sir, it looks like nothing happens with Parabolic on White/Purple crossing. I do not see the flip until EMA/Purple crossing.
The Paradox System
- GDayMates replied Jan 28, 2016
Good Morning Traders, I spotted an entry 10 minutes after the red USD news. Off of the H2 chart. Entry was long at confluence of 38.2 retracement and H2 EMA. Purple, white, and smooth were bunched up together, neither stacked up or down. Entry from ...
The Paradox System
- GDayMates replied Jan 27, 2016
Remember H2 is the primary trend. A flip on the H1 does not necessarily rule out a long entry. H1 still has EMA above ROMAR. H2 & H1 still in synch. I am not the teacher. Just sharing my understanding and open to corrections of interpretation. Best ...
The Paradox System
- GDayMates replied Jan 27, 2016
Yes Sir! That is the same entry, just below the .618 retracement. Do your rules dictate waiting until the next one hour bar to close? Or can"in the moment" include intra-bar entry?
The Paradox System
- GDayMates replied Jan 27, 2016
I missed the entry 45 min ago, but I see what I think was a valid entry at the open of the current 1 hour bar. H2 is in uptrend with all indicators stacked sequentially. H1 bounced off the area between the .618 retracement and ROMAR. Long entry ...
The Paradox System
- GDayMates replied Jan 26, 2016
I had the same entry as above. Took it at the open of the next bar.
The Paradox System
- GDayMates replied Jan 26, 2016
Mr. Dove, Currently, we are in consolidation, as all three charts are not in alignment. As such, we are trading off of support and resistance. This being the case, would a bounce off the upper 2 hour Bolinger Band be a valid trade? It would be a ...
The Paradox System
- GDayMates replied Jan 26, 2016
jOsi & Forex Lion, The way I see it, once you understand the system, the most you could have to checkthe charts is at the close of each hourly bar for less than one minute. Even then you will get a feel for if it will be several hours for the ...
The Paradox System
- GDayMates replied Jan 20, 2016
One point to consider is cost per trade in comission & spread. Tighter stops will impact the W/L ratio, and increase trading costs.
Very small stops (from 3 pips), ridiculously high RR (to 1:30)