Daily plan 2016.03.01 (at London opening) ROMAR on Daily down ROMAR on 2H down ROMAR on 1H down EMA on Daily down EMA on 2H down EMA on 1H support FIBO on Daily up FIBO on 2H up FiBO on 1H up Market is in consolidation 2H chart Candle opened at ...

The Paradox System

Thanks Although I missed the main entry at London opening for TP 40.

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Market hit my TP and I got +20 pips.

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I sold @ 123.21 with SL 40 and TP 20 Reason: 1) H1 hit SMOOTH 2) H2 hit FIBO contour line.

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We are trading EUR/JPY here, so please don't post other pair's charts. Thank you.

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Daily plan 2016.02.29 (at London opening) ROMAR on Daily down ROMAR on 2H down ROMAR on 1H down EMA on Daily down EMA on 2H down EMA on 1H down FIBO on Daily up FIBO on 2H down FiBO on 1H up Market is in downtrend. 2H chart Candle opened at 123.79 ...

The Paradox System

What is your view?

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Position went +20 pips so I moved SL to B/E. Now it's a free ride.

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I sold @ 124.55 with SL 40 and TP 40 Reason: 1) H2 market hit ROMAR 2) H2 PURPLE has crossed WHITE and is at SMOOTH 2) H1 market hit EMA (at that time EMA is resistance because of crossing PURPLE) 3) H1 ROMAR is further down at around 124.15 so it ...

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Daily plan 2016.02.26 (at London opening) ROMAR on Daily down ROMAR on 2H down ROMAR on 1H up EMA on Daily down EMA on 2H up EMA on 1H up FIBO on Daily up FIBO on 2H down FiBO on 1H down Market is in consolidation 2H chart Candle opened at 124.80 ...

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Ok, thanks for comments. When I opened position H2 PURPLE had been crossed WHITE only one thing - candle opened at EMA and that was a questionable factor. So this time I opened short exactly at the support and got SL -40 pips.

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I sold @ 123.48 with SL 40 and TP 40.

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Daily plan 2016.02.25 (at London opening) ROMAR on Daily down ROMAR on 2H down ROMAR on 1H down EMA on Daily down EMA on 2H up EMA on 1H up FIBO on Daily up FIBO on 2H up FiBO on 1H down Market is in consolidation 2H chart Candle opened at 123.64 ...

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I just needed 40 pips, so today I feel like I'm overworked

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I just closed my position and got +16. So today is 35+16=51 So, I'm done today.

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I opened second short position @ 122.95 with SL 40 and TP 20 Reason: 1) H1 market hit SMOOTH 2) H1 market hit FIBO 23.6 2) H2 market hit PURPLE So, that's a confluence. And all 4 horsemen is down on H1.

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Your quote - "What if everything is on the downtrend and there is almost no support?" Based on your provided info market isn't in a downtrend - your quote again - "EMA coming down and just "touch" ROMAR". Looks like a consolidation to me.

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I closed my short position and got +35 pips.

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I'm in short from 122.88 with SL 40 and TP 40 Reason for opening: 1) H2 candle opened below PURPLE So, I executed trade according to my Daily plan. Let's wait and see.

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Because I wrote Daily plan starting from London opening. That candle below PURPLE is before London opening.

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