Thank you Dana. Lesson learned.

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I saw that the db low of 123.09 was still thistle color, and means it can still run lower. I took my trade short trade because of all 3 charts in downtrend, but I did not consider the fibo being up in both 2 hr and daily, and down in 1 hr. I made ...

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I believe the light blue line is being hidden by the green contour line. I think I erred in not considering the fibo flip to up on the 2 hr. Am I correct Dana?

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In my opinion, this is just a normal retrace, swingup on 1 hr. We are in a full blown downtrend on all 3 charts.

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I went short per my trading plan at 123.48

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Trading plan Eur/Jpy 3/02/16 17:00 est Daily chart: EMA is below ROMAR - DOWNTREND ROMAR Resistance PARABOLIC Resistance EMA Resistance NOTES: Market closed very near low of the day. Purple is now at white for possible slider or cross & in the ...

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I am out with my 40 pips short.

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For new traders. Initial Non farm payroll change in 45 mins. Anyone out there with open position should close them before, or you may really regret it.

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Most likely because you did not close your mt4 and open it again between 17:00 and !8:00 est. This must be done daily at that time to keep your data correct.

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Hi Dana, On that same subject, I was under the impression we could reboot anytime during the 1st hour, from 17:00 to before 18:00. Is that incorrect? Thank you sir.

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This is the best spirited, most positive, most awesome, and most profitable forum I have ever seen 2006. I knew something special was happening on THE PARADOX SYSTEM thread from the first post!

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yes! I fat mouse in the claws taste much better than the rabbit in the bush. You can even become very wealthy at just 20 pips a day compounded. My mouse is delicious.

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out now at 122.20 enjoying my 24 pip fat mouse!

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spreads widen at beginning of news and off hours of market but other than that they are very low spread and instant execution. I have been with them since 2005

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oanda

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On Sunday open it's 15 pips until just before 7pm

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6-8 pips instead of 2 right now

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I saw the opportunity at the open of market at 5pm but my broker has high spreads during slow periods from about 4:55 pm until about 6:15 pm every day. Unfortunately there seems to have been many in the moment trades right at 5pm or shortly there ...

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Thanks for that info Dana. Looks like I better watch my short trade like a hawk and settle for maybe a 20 pip mouse, instead of being greedy and going for a 40 pip fat juicy rabbit

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I'm short now at 122.44 with 1 hr retrace to white. Hope I'm not too late.

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