So would you consider it a full uptrend or consolidation? H2 EMA is still below ROMAR, but 4 horsemen in trend...

The Paradox System

Alright, good. The Paradox is telling me that a trend is not yet clear, EURJPY is consolidating. No trade as of the current H2 candle, but we are near the top, so I am looking to trade down in the moment, if a setup presents itself.

The Paradox System

My chart may be wrong?

The Paradox System

But not quite a full uptrend because H2 EMA is still below ROMAR, correct? I think consolidation until ROMAR crosses EMA for the full uptrend on all 3 time frames. (or is purple above ROMAR and EMA enough to constitute a full uptrend?

The Paradox System

I'm only several weeks into this thread, reading from the start but I also try to participate in real time market movement at the latest posts. You would have to wait for the more experienced traders to be completely sure, but...on the H1 you had ...

The Paradox System

I'm thinking because White had already crossed Purple to begin consolidating price, so the down movement already ended (H2). Daily candle had bounced up off 23.6 by then.

The Paradox System

It does a lot, thank you. I haven't come across a BB hit that I saw happening live, so I decided to just follow the stated rules. What I should have done is looked at the bigger picture as I usually try to do. Daily consolidation on top of uptrend ...

The Paradox System

This trade, a buy from the candle close where the arrow is pointing did not work out. In the rules it said price should retrace to the EMA during consolidation, or to Purple/White/Smooth during downtrend. It did not retrace to any of those. Can ...

The Paradox System

I have this showing. 39 full bars and half of the 40th one showing. We're on EURJPY now.

The Paradox System

Phew, okay. I was worried because I spent so much time making sure my charts were correct! That is good to know.

The Paradox System

...which is what I see happening now. EURJPY H2 chart. Lower Bollinger Band hit, however, I need to revisit my notes as to where price will retrace now. edit: Found it. In consolidation, which is what EURJPY is in currently, take profit is at the ...

The Paradox System

Bollinger Bands are only used on the H2 chart, as I understand.

The Paradox System

Thank you Shaun, these are incredibly helpful. I think I speak for everyone here when I say that your contributions are priceless.

The Paradox System

to me, the red line is indeed the uncompleted SAR, or at least a showing of current price in relation to previous attachment.

The Paradox System

It seems that on the daily candle, which closed, we have SAR connect to the top of the candle while DB is down. For position traders, one could short from here, back down for a trade that aligns with the trend - either now, or when parabolic flips.

The Paradox System

Yeah, I'm with you regarding the bid/ask spread. Too high to enter on 1st candle. But by the second, the market already moved in our direction and we ended up entering mid swing so the SL got hit.

The Paradox System

Trading Plan Sunday Open Daily: ROMAR - Support EMA - Support PSAR - Support Notes: Price in consolidation on top of uptrend. Bollinger Bands moving inwards becoming narrower. Fibonacci flip for down move. MACD crossed down below 0 last week. Purple ...

The Paradox System

Yes, it's zoomed in completely - I made sure of that prior to adjusting chart shift. Everything seems on point in terms of the chart preferences.

The Paradox System

I got correct candle amount across the 3 time frames. Grids removed. The previous screenshot was 1600 x 900 ( as Dana said they should be), so I probably shouldn't be changing it right? Also, once I set the chart shift with the triangle, it ...

The Paradox System

Thank you. I just noticed that in the "DB SAR FIBO" tutorial, Dana mentioned that it was a minimum of a 1600 x 900 resolution. So i thought I was safe with whatever I had, I think it was around 3000 x 1600 or something. Currently updating so I have ...

The Paradox System