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The Paradox System

  • #10,101
  • Jun 28, 2017 10:13am Jun 28, 2017 10:13am
Quoting onejester
Here's the link for everyone who pm'd me for my trading plan template. You will need to copy and paste it into your own google sheet. Then you will need to add data validation to the sheet you pasted. https://docs.google.com/spreadsheets...I6E/edit#gid=0 In the the column next to romar, ema and so on you will have to select one cell then... Go to top menu, select data - data validation. A box will pop up and in the criteria row, you'll want the box on the right. Select it and select all of the...
Traders,

I would strongly recommend sticking with the plan outline provided, and writing down what is happening on the charts. It will help you to better see what the Paradox is showing you. Shut cuts in you plans will work against you, and you will not see the big picture!

Best Regards,

Chad
  • #10,102
  • Jun 28, 2017 10:13am Jun 28, 2017 10:13am
Hi everyone, haven't posted a plan for a while as I thought I needed more studying...... just looking at long term with DB/SAR and would appreciate some guidance. When Dove says we can trade DB from top to bottom ( and vice versa ) of fib in consolidation, does he mean true consolidation ( Romar/Ema out of sync..... daily ema up and 1h/2h down for example ? ) or does he mean consolidation as in different charts parabolics opposite, purple crossing white on any chart, conflicting fib colours on different charts etc? can't find definitive answer after hours of looking and watching simulator of recent charts...... some more screen shots would be brilliant if at all possible I'm tearing my hair out trying to understsand as with my work, long term trading is my best option. Hope someone can help. thanks
  • #10,103
  • Jun 28, 2017 10:32am Jun 28, 2017 10:32am
Quoting Hendo
{quote} Traders, I would strongly recommend sticking with the plan outline provided, and writing down what is happening on the charts. It will help you to better see what the Paradox is showing you. Shut cuts in you plans will work against you, and you will not see the big picture! Best Regards, Chad
I'll be in trouble when the headmaster arrives. I can feel my ears getting warm...

Seriously though, I can't see where I intentionally made a short cut (if indeed you are implying I did, no offence BTW). I analysed each chart to the limit of what I've learned up to now, I think I quantified what I saw and the decisions I would have made in my analysis. I know it was a red news, but if anything I illustrated why you shouldn't trade on a news day. I'm sure I missed some things, but it wasn't through lack of effort.

Anyway, I know you have it figured out and you were once where I am today. I shall learn from it whatever the outcome.
'in less than half an hour he made over 100 ticks'
  • #10,104
  • Jun 28, 2017 10:48am Jun 28, 2017 10:48am
Quoting onejester
{quote} I'll be in trouble when the headmaster arrives. I can feel my ears getting warm... Seriously though, I can't see where I intentionally made a short cut (if indeed you are implying I did, no offence BTW). I analysed each chart to the limit of what I've learned up to now, I think I quantified what I saw and the decisions I would have made in my analysis. I know it was a red news, but if anything I illustrated why you shouldn't trade on a news day. I'm sure I missed some things, but it wasn't through lack of effort. Anyway, I know you have...
What Hendo was saying is this: If you want to create your own template for your own personal use then that is up to you. But you will post the template that was given to you. And do not post anything again that is against the rules of trading. Hendo is one of the 5% because he learned to trade accordingly with the rules of trading. In other words; He never breaks the rules and that is why he is a great trader.
The Dove - Forex Trainer
  • #10,105
  • Jun 28, 2017 10:50am Jun 28, 2017 10:50am
Quoting onejester
{quote} I'll be in trouble when the headmaster arrives. I can feel my ears getting warm... Seriously though, I can't see where I intentionally made a short cut (if indeed you are implying I did, no offence BTW). I analysed each chart to the limit of what I've learned up to now, I think I quantified what I saw and the decisions I would have made in my analysis. I know it was a red news, but if anything I illustrated why you shouldn't trade on a news day. I'm sure I missed some things, but it wasn't through lack of effort. Anyway, I know you have...
onejester,

You plan is lacking some very important information. What are the Horsemen doing? Are they up, down? Are they in consolidation? Has Purple crossed White eliminating the PSAR? Has EMA crossed Purple for a new swing?

When you write it out, then read it back to yourself, you begin to paint a picture in your mind as to what is happening on the chart. This will allow to form your Final Notes: to bring it all together and conclude with a plan for entry.

When you understand how how the indicators work, along with the rules of the Paradox will answer most of your own questions. After a complete posted plan with a screen shot of your H2 entry, you will get feed back and learn quite a lot in the process.

This is for your benefit as well as everyone on this thread still trying to learn!

Regards,

Chad
  • #10,106
  • Jun 28, 2017 10:56am Jun 28, 2017 10:56am
Quoting kaizkung
{quote} it is went down because "ECB said to see market as misjudging Draghi speech on stimulus" 30 minutes ago.
Anything can happen in the market just like this morning with that 30 second 100 pip spike this morning against the trend; and return where it started.
The Dove - Forex Trainer
  • #10,107
  • Jun 28, 2017 10:57am Jun 28, 2017 10:57am
Quoting Hendo
{quote} onejester, You plan is lacking some very important information. What are the Horsemen doing? Are they up, down? Are they in consolidation? Has Purple crossed White eliminating the PSAR? Has EMA crossed Purple for a new swing? When you write it out, then read it back to yourself, you begin to paint a picture in your mind as to what is happening on the chart. This will allow to form your Final Notes: to bring it all together and conclude with a plan for entry. When you understand how how the indicators work, along with the rules of the Paradox...
Thank you Chad for the constructive criticism. I now have something to work on.
'in less than half an hour he made over 100 ticks'
  • #10,108
  • Jun 28, 2017 11:00am Jun 28, 2017 11:00am
Quoting dove_alliance
{quote} Anything can happen in the market just like this morning with that 30 second 100 pip spike this morning against the trend; and return where it started.
This is one reason why I trade during the Asia session - this kind of BS does not happen during the Asia session.
The Dove - Forex Trainer
  • #10,109
  • Jun 28, 2017 11:03am Jun 28, 2017 11:03am
Quoting dove_alliance
{quote} This is one reason why I trade during the Asia session - this kind of BS does not happen during the Asia session.
Hi Dove,

Was that the banks algo's/ bots trading 1-2 pips but in massive volumes that causes a spike like that today?
Never Give Up
  • #10,110
  • Jun 28, 2017 11:09am Jun 28, 2017 11:09am
Quoting Retrogue
{quote} Hi Dove, Was that the banks algo's/ bots trading 1-2 pips but in massive volumes that causes a spike like that today?
That was the banks and their entries are in the millions to create a 100 pip spike.
The Dove - Forex Trainer
  • #10,111
  • Jun 28, 2017 11:29am Jun 28, 2017 11:29am
So everyone knows what I knew what the Paradox was saying - I took a long entry on the retrace at the Parabolic. The reason is because the Parabolic along with EMA IS SUPPORT and retracing back into the trend.
The Dove - Forex Trainer
  • #10,112
  • Jun 28, 2017 11:31am Jun 28, 2017 11:31am
Quoting dove_alliance
{quote} What Hendo was saying is this: If you want to create your own template for your own personal use then that is up to you. But you will post the template that was given to you. And do not post anything again that is against the rules of trading. Hendo is one of the 5% because he learned to trade accordingly with the rules of trading. In other words; He never breaks the rules and that is why he is a great trader.
Noted. May I just ask if you had anything to add to Chad's post (most of which was in my head, I just mistakenly didn't commit it to the plan).

Additionally, and just so I'm clear, the rules broken were:
1.I submitted a plan on a red news day
2.I didn't articulate in my plan exactly what the horsemen were doing
3.I didn't submit the correct plan template

Finally, in terms of my analysis.

Please could you offer some feedback on my theoretical entries on the 2 hour as stated in my plan, specifically:
a)Resistance on 2 hour - 23.6 fib +horsemen
b)Ema remaining as support (if there was no cross of purple). I understand that purple crossing the ema would have changed ema to resistance.
'in less than half an hour he made over 100 ticks'
  • #10,113
  • Jun 28, 2017 12:01pm Jun 28, 2017 12:01pm
Quoting onejester
{quote} Noted. May I just ask if you had anything to add to Chad's post (most of which was in my head, I just mistakenly didn't commit it to the plan). Additionally, and just so I'm clear, the rules broken were: 1.I submitted a plan on a red news day 2.I didn't articulate in my plan exactly what the horsemen were doing 3.I didn't submit the correct plan template Finally, in terms of my analysis. Please could you offer some feedback on my theoretical entries on the 2 hour as stated in my plan, specifically: a)Resistance on 2 hour - 23.6 fib +horsemen...
Your plan was totally against the uptrend which means you have not study in how to trade; little alone the Paradox. Your theoretical has no concept which there is nothing there to talk about. Totally against the rules for a proper entry.
The Dove - Forex Trainer
  • #10,114
  • Jun 28, 2017 12:42pm Jun 28, 2017 12:42pm
Quoting dove_alliance
{quote} Your plan was totally against the uptrend which means you have not study in how to trade; little alone the Paradox. Your theoretical has no concept which there is nothing there to talk about. Totally against the rules for a proper entry.
I understand you are busy, and you have given enough here. But there were 2 parts to the plan, the second was back into the uptrend.

This was my first plan, and if I didn't have more about me I wouldn't feel encouraged to submit another one. Maybe that is your intention, it certainly feels that way.
'in less than half an hour he made over 100 ticks'
  • #10,115
  • Jun 28, 2017 5:36pm Jun 28, 2017 5:36pm
Hello,
Here is my trading plan for June 28/17

Daily

Romar:Support
Ema:Support
Parabolic:Support
Ema Arrow:Up
Macd Arrow:Up
Fibo:Red
Db/Sar:Running together at 127.850

Notes:Strong uptrend with the horsemen. Bollinger bands opened almost straight up.

2 Hour
Romar:Support
Ema:Support
Parabolic:Support
Ema Arrow:Up
Macd Arrow: Down
Fibo:Red
Db/Sar: Connected at 127.850

Notes: Ema slider. Four horsemean lined up for North. Market went sideways
and hit purple support.

1 Hour
Romar:Support
Ema:Support
Parabolic:Support
Ema Arrow:Up
Macd Arrow: Down
Db/Sar:Connected at the 0 fibo. 127.850

Notes: Horsemen uptrend. Market went sideways to smooth support.

Final Notes: Market is in fullblown uptrend so I will not think of going
short right now. Looking for long entry off support.

Entry: Went long off h2 purple support at 127.828
Attached Image (click to enlarge)
Click to Enlarge Name: Eurjpy H2.jpg Size: 189 KB
The quieter you become, the more that you can hear.
  • #10,116
  • Jun 28, 2017 5:56pm Jun 28, 2017 5:56pm
My plan from today

Date: 28/06/2017 17:00 EST
Daily:
ROMAR - support
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing up
Last EMA Alert Arrow up
Last DB Attachment up
FIBO down


Notes: the 4 horsemen are in compliance for a strong uptrend. Market is approx. 220 pips away from purple, at the upper BB, and above the top of this FIBO. Magenta divergence attached on top.

2 HR:
ROMAR - support
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing down
Last EMA Alert Arrow up
Last DB Attachment up
FIBO down

Notes: market opened at purple. 4 horsemen are in an uptrend. DB/SAR attached on top at 127.850 with both divergences. Market at the top of the FIBO. Lower BB at ROMAR.

1 HR:
ROMAR - support
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing down
Last EMA Alert Arrow up
FIBO down

Notes: the 4 horsemen are in compliance for an uptrend. Open candle at smooth as support. White at the crossing with purple. Market is at the top of the FIBO.
Final notes: the market is in a strong uptrend. I will go long from support.
Entry: entered at the opening candle off support from purple.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB
Consistency is a state of mind
  • #10,117
  • Jun 28, 2017 9:44pm Jun 28, 2017 9:44pm
Today Trading Plan

D1
ROMAR Support
EMA Support
PSAR Support
DB attached on the top candle
Fibo Red
MACD Up
Note: D1 is uptrend, with 4 horseman pointing up, but it has touche upper BB, and the fibo is red

H2
ROMAR Support
EMA Support
PSAR Support
DB attached on the top candle
Fibo Red
MACD Down
Note : H2 is uptrend, but the fibo is red and MACD pointing down

H1
ROMAR Support
EMA SUpport
PSAR Support
FIbo Red
MACD Down
Last EMA Cross Up
Note : H1 is uptrend, but weak

Final Note: i think its too risky if i long here, because both H1 H2 macd is pointing down
maybe when the macd ponting up, and price retrace to support area then i will long there
and i will short when the purple crossed white and smooth on H2, but it will takes long time
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 170 KB
I Will Never Give Up
  • #10,118
  • Jun 29, 2017 6:41am Jun 29, 2017 6:41am
Self evaluation: trade went as planned, I took 40 pips from the market. I was hesitant at first because the market seemed to have overextended as it was a long distance away from purple in the daily chart but I still went with the power of the trend.
Consistency is a state of mind
  • #10,119
  • Jun 29, 2017 8:33am Jun 29, 2017 8:33am
Quoting Adaptation
Self evaluation: trade went as planned, I took 40 pips from the market. I was hesitant at first because the market seemed to have overextended as it was a long distance away from purple in the daily chart but I still went with the power of the trend.
A very good entry into trend off Purple. As a reminder: Balance can take as much as 1 - 3 bars and some times as much as 4 bars with a full trend on all three charts with the Daily; and more on the H2. The ONLY way this can turn is with the Parabolic flip and EMA at Purple for the crossing on the H2. Even a spike cannot turn this market in a trend as you had witness yesterday. But first - me must generate a consolidation before the turn. Until then - we stay in the uptrend. Just like the story I had told about a fully loaded Semi climbing a mountain; a very slow process.
The Dove - Forex Trainer
  • #10,120
  • Jun 29, 2017 9:19am Jun 29, 2017 9:19am
Quoting SolitudeFx
Hello, Here is my trading plan for June 28/17 Daily Romar:Support Ema:Support Parabolic:Support Ema Arrow:Up Macd Arrow:Up Fibo:Red Db/Sar:Running together at 127.850 Notes:Strong uptrend with the horsemen. Bollinger bands opened almost straight up. 2 Hour Romar:Support Ema:Support Parabolic:Support Ema Arrow:Up Macd Arrow: Down Fibo:Red Db/Sar: Connected at 127.850 Notes: Ema slider. Four horsemean lined up for North. Market went sideways and hit purple support. 1 Hour Romar:Support Ema:Support Parabolic:Support Ema Arrow:Up Macd Arrow: Down Db/Sar:Connected...
Self evaluation.
I took the long trade off purple support and gained 40 pips. I trusted the paradox to deliver with those h2 horsemen marching up and they did exactly that. I don't think there is much else to add.
The quieter you become, the more that you can hear.
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