Good News. I found a work around by using their UK based website instead. If you open a uk account you are still able to create an mt4 demo and a live account with mt4. But due to the switch on their main website I wonder how long it will be before ...

The Paradox System

Hey Guys, My usual monthly demo account creation occurred today however This time I could not make a new mt4 demo with forex.com. They have switched over to mt5. I spoke with one of their operators : me:what happened to mt4 accounts? why can i only ...

The Paradox System

Thanks Dana I appreciate your input and I will consider the whole picture next time.

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EURJPY Date: 02-03/06/19 News: High Impact USD News 3pm GMT. Daily: Open below fridays close ROMAR: Resistance EMA: Resistance PSAR: Resistance Checklist: Notes: daily in a full blown downtrend, with 4hm turned back down. Macd down. EMA and macd ...

The Paradox System

Evaluation: sl hit. This was a bad trade for several reasons. I anticipated that the fibo would hold as strong support with the daily double bottom. I didn't wait for any confirmation on the lower charts that it would hold. And bottom line is, I ...

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EURJPY Date: 28-29/05/19 News: No Major News. Daily: Open Below Purple. ROMAR: Resistance EMA: Resistance PSAR: Resistance Notes: Romar downtrend and out of trading zone. Ema and psar trend down, with the shallow ema slider back down. SAR/DB ...

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We are still in a consolidated downtrend with a hit on the fibo resistance on h2/h4 and daily which is 10 pips from your entry long.

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Evaluation: Took 40 from the market. Tp was hit within one candle. This trade was actually quite risky because of the downtrend on all charts. What gave me confidence for the long was the slight imbalance with the 85 pip gap.

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Entry: Entered long near the close of the candle with spread reduced to catch the retrace to resistance which is around 50 pips from entry point.

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EURJPY Date: 05-06/05/19 (Sunday going on Monday) Ramadan Kareem to all Muslims News: No Major News with JPY bank Holiday. Daily: Open below 100 fib support. ROMAR: Resistance EMA: Resistance PSAR: Resistance Checklist: Last MACD 0 crossing: down, ...

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Just my 2 cents, another risk would be the db showing and not the sar, in a range between Romar with a HH and HL. In consolidation you can have 5 types. Sideways, cycles with the 4hm, swings in the trend, sliders and ranging. Ema and Romar are the ...

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Evaluation: Took 40 from the market. Entered the beginning of a swing down heading towards white/purple on daily. This was a good trade because I followed my plan and didn't deviate. If I entered later I would be caught in the middle with h4 psar ...

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Entry: Entered short for 40/40 on new h1 open candle in confluence with 4hm turned down, and purple/white holding resistance on h2 below Romar and in sync with daily downtrend.

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EURJPY Date: 30/04/19 News: USD News 3 pm gmt . Daily: check to see if open above 61.8 or not ROMAR: Resistance EMA: Resistance PSAR: Resistance Checklist: Last MACD 0 crossing: down Lat EMA alert arrow: down Last DB attachment: Bottom, 124.079 ...

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I didn't close it manually. It closed itself based on the pre defined pips I set last night because of resistance which I saw before pulling the trigger. With all due respect you worry about your trading and I'll worry about mine. Thank you

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Yes you are right, I got 39 pips instead of 40. However I willingly changed my tp because as Dana taught us you should always consider the risk before entering a trade and I knew the 61.8 would be a stopper for my trade. I'm not trying to impress ...

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Evaluation: Took 40 from the market. Market came within the pip of my tp, and I made sure that it was just at the 61.8 on Daily. So I got quite lucky as it could have missed by a few pips. But knowing support, resistance and trend was the key for ...

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EURJPY Date: 28-29/04/19 News: Daily: ROMAR: Resistance EMA: Resistance PSAR: Resistance Checklist: Last MACD 0 crossing: down, bigger bar. Lat EMA alert arrow: Down Last DB attachment: Bottom, 124.079 Fibo: Red and down Notes: Waiting for new ...

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You can also Use the h4 as a reference to swings with the db/sar in consolidation. As you saw h2 came from a period of low volatility. So the bigger picture in this scenario was daily/h4

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But I ment his explanation about consolidation. You see he went short when psar turned to support, because sar/dB was at the high, and it was the same scenario don't pay attention to the 4hm but the dB sar and fibo level. Daily was in consolidation, ...

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