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- downunderfx replied May 18, 2020
For what it's worth, if you count the daily bars on Pepperstone they run to only 5 per week. CityIndex is the only other broker I've come across that has 6 daily bars for the week. The CityIndex server is set 1 hour behind GMT at the moment. Cheers ...
The Paradox System
- downunderfx replied May 6, 2020
Good to see the familiar face of a master. Hope you are well also. Thank you for the words of wisdom.
The Paradox System
- downunderfx replied Mar 4, 2020
I'll give it a go. The market is fluid. When white crosses purple on any chart it is the first sign that the momentum for the direction the market is travelling in is slowing. It's a flag or a warning sign. If a market stops trending it is by ...
The Paradox System
- downunderfx replied Sep 5, 2019
I think Richard D Wyckoff may have written something similar about Volume in the stock market in the early 1900's. Makes sense.
The Paradox System
- downunderfx replied Sep 4, 2019
Not trading (no plan) but here's my 're-think' in the moment. On the H4, the market got above ROMAR and 61.3 Resistance and the Std Divergence has been attached for 4 bars. The market is at the upper BB. The market must retrace to bring out Hidden ...
The Paradox System
- downunderfx replied Sep 3, 2019
I appreciate your help, thank you. Sorry I mentioned the H1 - I was trying to reference it rather than trading off it. Can I just check the interpretation of my current observations? I realize this screen grab is part way into the bar and no trading ...
The Paradox System
- downunderfx replied Sep 2, 2019
Thanks Dove, no more posts for a while, more study and I'll see how I go
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- downunderfx replied Sep 2, 2019
SL hit Assessment: Dove has said it all. Not interpreting Support and Resistance properly. Brain fade.
The Paradox System
- downunderfx replied Sep 1, 2019
H1 Smooth crossed Purple and MACD turned up. H2 (trading chart) SAR attached at 23.6 Fib., White at Purple for crossing and open candle above Smooth. ROMAR above TP on H2 (and H1). Entered Long image
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- downunderfx replied Sep 1, 2019
NEWS No High Impact news today DAILY CHART - DATE: Mon 1st Sept 2019 ROMAR: Resistance EMA: Resistance Parabolic: Resistance Check List: Last MACD 0 Crossing Up Last EMA Alert Arrow Down Last DB Attachment Low – 116.375 Fibo up or down Up NOTES: ...
The Paradox System
- downunderfx replied Aug 30, 2019
Thank you Dove, your additional insights are invaluable.
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- downunderfx replied Aug 30, 2019
TP hit. Assessment: I think the entry was OK (Market consolidation, H2 DB/SAR attachment with Std and Hidden Divergence. Waited until White crossed Purple (H1 leading) and open below Smooth. I'm concerned that the level of risk may not have been ...
The Paradox System
- downunderfx replied Aug 29, 2019
NEWS High Impact News in 13 hrs DAILY CHART - DATE: Fri 30th Aug 2019 ROMAR: Resistance EMA: Resistance Parabolic: Resistance Check List: Last MACD 0 Crossing Up Last EMA Alert Arrow Down Last DB Attachment Low – 116.551 Fibo up or down Up NOTES: ...
The Paradox System
- downunderfx replied Aug 29, 2019
Once again, thank you Dove. I saw the Parabolic hits but I didn't "SEE" the parabolic hits. So I didn't trade yesterday. I'm not light enough on my feet to trade 'In the Moment' just yet. Your subsequent explanation was a real help and once I've ...
The Paradox System
- downunderfx replied Aug 28, 2019
NEWS High Impact News in 13 hrs DAILY CHART - DATE: Thurs 29th Aug 2019 ROMAR: Resistance EMA: Resistance Parabolic: Resistance Check List: Last MACD 0 Crossing Up Last EMA Alert Arrow Down Last DB Attachment Low – 116.551 Fibo up or down Up NOTES: ...
The Paradox System
- downunderfx replied Aug 28, 2019
Thank you Dove. I take it the market is ranging, in which case the Fib support and Resistances become part of it as well as ROMAR, EMA and Parabolic (not forgetting Divergences). I've attached my H2 chart. image
The Paradox System