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The Paradox System

  • #10,321
  • Jul 5, 2017 2:47pm Jul 5, 2017 2:47pm
Quoting Retrogue
{quote} Hi mate, Thought I would jump in and offer some advice, it has helped me, so hopefully it maybe of some benefit to you. I started looking at the Paradox a different way (the correct way) a while back and have been building a different structure in my learning material. Literally top level folders with each scenario, then beneath those folders material on the rules and powers that are used in those scenarios, along with many examples. This helps a lot, as when you create your plan and see the picture/ scenario in play, you reference which...
Excellent advice. Thank you.
The Dove - Forex Trainer
  • #10,322
  • Jul 5, 2017 3:02pm Jul 5, 2017 3:02pm
Quoting Retrogue
{quote} Hi mate, Thought I would jump in and offer some advice, it has helped me, so hopefully it maybe of some benefit to you. I started looking at the Paradox a different way (the correct way) a while back and have been building a different structure in my learning material. Literally top level folders with each scenario, then beneath those folders material on the rules and powers that are used in those scenarios, along with many examples. This helps a lot, as when you create your plan and see the picture/ scenario in play, you reference which...
You're a gent Tom thanks again.
going back to page one and going to start again, thought I was getting there then bang all gone.
Ive
got that many notes in no particular order I'm starting to loose my way. See you all in two weeks.
5% club coming up. Thanks again
Stop killing our Oceans, Stop using single use plastics.
  • #10,323
  • Jul 5, 2017 3:08pm Jul 5, 2017 3:08pm
Please forgive if I have misunderstood the principles here sir;

Would I be right in saying that the double top (triple top now) scenario has taken the market so far above ROMAR, and out of the BB's, that now the rule to apply is if the 3 charts are out of sync ie. Consolidation/Ranging Mode until such time as the ranging allows Romar back into the BB's, or the BB's open up?

Q. why the H2 chart has no SAR's just DB's, or is this a consequence of the scenario we are in please?

Q. it appears the 4 Horsemen/Parabolics are less effective in this scenario, is this true please?

Thank you in advance.

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,324
  • Jul 5, 2017 4:14pm Jul 5, 2017 4:14pm
Quoting Andiroo
Please forgive if I have misunderstood the principles here sir; Would I be right in saying that the double top (triple top now) scenario has taken the market so far above ROMAR, and out of the BB's, that now the rule to apply is if the 3 charts are out of sync ie. Consolidation/Ranging Mode until such time as the ranging allows Romar back into the BB's, or the BB's open up? Q. why the H2 chart has no SAR's just DB's, or is this a consequence of the scenario we are in please? Q. it appears the 4 Horsemen/Parabolics are less effective in this scenario,...
Andy - this is a 6 month process of learning. Giving answers is a fly-by-night situation and the answers would only be part of any scenario. This means if you do not spend the time in studying the answers for each scenario; then it does not root into memory but only become a lost segment of what you are looking for. Every scenario is different and each scenario has its own rules. So here is my answers:

There is no triple top for one thing. Go back and read what I said the reason why we are in consolidation and you will get your answer.

Question 1: Apparently you had not read everything. Your question is on the thread.
Question 2: How many times have I mention the Power of the Parabolic? The answer is on the thread.

Every question you have is on the thread and all you need to do is study until it is sunk in, and then note all your concerns to lean on.
The Dove - Forex Trainer
  • #10,325
  • Jul 5, 2017 4:21pm Jul 5, 2017 4:21pm
Thanks for the reply Dana, I'll read the last few pages carefully again.

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,326
  • Jul 5, 2017 5:18pm Jul 5, 2017 5:18pm
Date: 05/07/2017 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 at 129.075 with magenta divergence
FIBO down


Notes: the 4 horsemen are strong for the uptrend. Open candle at smooth. DB/SAR attached on top of the FIBO with magenta divergence. Market found resistance in white earlier during the day. It tested a new high today (129.075).


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

Check List:
Last MACD 0 crossing down
Last EMA Alert Arrow down
Last DB Attachment down at 128.142 with light sky blue divergence
FIBO down

Notes: BB are flat lining, compressing together and inside this FIBO. The 4 horsemen are currently starting a downswing towards ROMAR. ROMAR is still out of trading area. The 2 HR is currently in a ranging situation. DB/SAR attached on bottom and since we are in consolidation next attachment should be on top. Open candle at purple.

1 HR:
ROMAR - support
EMA - resistance
PSAR – resistance
Notes: white at smooth, EMA heading towards purple. ROMAR is going through the center, which puts the 2 HR in consolidation (post 21).

Final notes: the market is currently in a consolidation phase. Given that the 2 HR BB are inside the FIBO, flat lining and compressing together puts it in ranging mode, also the 1 HR ROMAR going through the center. The market is now consolidating sideways and waiting for ROMAR which is still out of the trading area, we could expect this to go for a while. I should trade from top to bottom and bottom to top. DB/SAR attached on bottom and in consolidation means that next attachment should be on top. Pip count to upper band (42), pip count to lower band (39). Don’t trade from center, I need to wait for the market to get near top or bottom to pull the trigger.
Consistency is a state of mind
  • #10,327
  • Jul 5, 2017 7:43pm Jul 5, 2017 7:43pm
Good evening or morning traders wherever you are

Here is my trading plan for July 5/17

Daily
Romar:Support
Ema:Support
Parabolic:Support
Ema Arrow: Up
Macd Arrow:Up
Fibo:Red
Db/Sar:both on top

Notes: Daily is going sideways high 129.075 and low at 128.02. Approx 100 pips. We are near the bottom.
Purple will cross white with new daily candle.

2 Hour

Romar:Support
Ema:Resistance
Parabolic: Resistance
Ema Arrow: Down
Macd Arrow:down
Fibo:Red
Db/Sar: both on bottom at 128.142

Notes: Horsemen lined up for down. Ema crossing smooth. Db and sar connected at the bottom.

1 Hour

Romar:Support
Ema:Resistance
Parabolic:Resistance
Ema Arrow: Down
Macd Arrow: Down
Fibo:Green
Db/Sar: Db on bottom.

Notes: Ema slider.Parabolic holding resistance.

Final Notes: H1 and H2 have got in sync for a new down trend. Yes we are in
ranging scenario at the bottom but it looks to be a new trend starting with the two hour chart horsemen and
after the double top.

Rules: 1. 1 and 2 hour chart have gotten in sync
2. Short off resistance(ema/smooth crossing) with the parabolic flip
3. Pip count 40 to lower bollinger band and a bit more to Romar
4. Purple cross smooth on next bar after white crossing
5. Ema purple crossing at the smooth white crossing eliminating a slider

Entry: Went short at 128.453
Attached Image (click to enlarge)
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The quieter you become, the more that you can hear.
  • #10,328
  • Edited 9:32pm Jul 5, 2017 9:10pm | Edited 9:32pm
Quoting Adaptation
Date: 05/07/2017 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 at 129.075 with magenta divergence FIBO down Notes: the 4 horsemen are strong for the uptrend. Open candle at smooth. DB/SAR attached on top of the FIBO with magenta divergence. Market found resistance in white earlier during the day. It tested a new high today (129.075). 2 HR: ROMAR - support EMA - resistance PSAR - resistance Check List: Last MACD 0 crossing down Last EMA Alert Arrow down...
Entry: entered long at the opening of the 21:00 EST candle.

Rules:
1. The 2 HR is your trading chart (yes) (post 1680)
2. You can trade either short or long (yes) (post 1680) (rule for consolidation)
3. BB are resistance and support in consolidation (pip count to upper band 74 pips, lower band 18 pips) lower band serves me as support and there is enough room for the upper band. (post 1680)
4. In consolidation when the DB is showing with the price tag you pretty much have an entry. In consolidation you could get the next candle to bump Higher/High or Lower/Low depending on trend of the swing and move to the next candle. But - you have a 40 stop and that will hold until the reversal. (post 2475)
5. In consolidation you follow the DB from high to low and low to high (now is at low next will be high) (post 3093)
6. Gold divergence: when they are attached to the bottom of a candle the next candle is automatically retraced, either one or multiple candles (post 4043) and they attach with a previous candle BEFORE the retrace candle (post 4043). Next candles will go up.
7. Minimum of 20 pips to the parabolic for a safe trade (post 128) pip count to PSAR (38) safe entry.
8. Entries should be with an open candle (post 2658).
9. The 2 HR ROMAR is the major support and resistance for the whole system (post 1680) stop loss is below ROMAR so that gives me safety.
Attached Image (click to enlarge)
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Consistency is a state of mind
  • #10,329
  • Jul 5, 2017 11:10pm Jul 5, 2017 11:10pm
Quoting SolitudeFx
Good evening or morning traders wherever you are Here is my trading plan for July 5/17 Daily Romar:Support Ema:Support Parabolic:Support Ema Arrow: Up Macd Arrow:Up Fibo:Red Db/Sar:both on top Notes: Daily is going sideways high 129.075 and low at 128.02. Approx 100 pips. We are near the bottom. Purple will cross white with new daily candle. 2 Hour Romar:Support Ema:Resistance Parabolic: Resistance Ema Arrow: Down Macd Arrow:down Fibo:Red Db/Sar: both on bottom at 128.142 Notes: Horsemen lined up for down. Ema crossing smooth. Db and sar connected...
Well it looks like my trade has come to an end and time for self evaluation.

I believe this was a good trade. This time I put into action the sync of the H1 and H2 new trend starting and it delivered it's power very nicely. I did see that we were in a ranging mode with the h2 and we were at the bottom but I had a strong belief the new trend confluence would take over and there was sufficient room to support. New daily purple had also crossed white

I noticed that as my trade was developing that Romar was at the bollinger band crossing and Dove talked about market not going down until that happens. So I believed that I had my trade when I saw that unfolding and in the moment. I hope that I have applied the rules correctly and I welcome any critique and guidance. God bless.

Result: +40 pips

Regards,
John
The quieter you become, the more that you can hear.
  • #10,330
  • Jul 6, 2017 12:00am Jul 6, 2017 12:00am
Date: Thursday July 5th

Daily:
ROMAR - Support
EMA - Support
Psar - Support
Checklist:
Last MACD 0 Crossing - Up
Last EMA Alert Arrow - Up
Last DB Attachment - Top
Last SAR Attachment - Bottom
Fibonacci - Red
Notes: White Crossing Purple. SAR attached to the bottom of current candle. MACD
decreasing, yet still above 0. Fibo flip with divergence and DB/SAR attached at top.
H2:
ROMAR - Support
EMA - Resistance
Psar - Resistance
Checklist:
Last MACD 0 Crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment - Bottom
Fibonacci - Green
Notes:
ROMAR has just come into the trading area as the lower band went down.
Fibonacci flip upwards, to green, with divergence. Downtrend in consolidation
as ROMAR is below EMA but EMA is above purple. H2 is trend chart. ROMAR
has power for the upside.
H1:
ROMAR - Resistance
EMA - Resistance
Psar - Resistance
Checklist:
Last MACD 0 Crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment - null
Fibonacci - Green
Notes: Fibo flip upwards, green. ROMAR has crossed EMA and EMA has
crossed Purple for the downtrend on the H1 chart. The H1 chart is in
downtrend but is not consistent with H2.
---------------------------------------------------------------------------------------
Final Notes: We are in consolidation. White crossing Purple on the daily
is indication of consolidation before reversal. Double top on H2 indicated
by the Parabolics. However, in consolidation we can trade both ways. Now, we have H2
DB/SAR attached at the bottom with green price tag and Fibo Flip. We are
now at the bottom and can trade up. We are at the bottom of the Fibo on H2 and H1
and H1 Daily SAR has attached. ROMAR is just below previous close candle
on H2. In terms of divergence, there is a lower low that has formed at
the bottom of the Fibo, but the MACD has formed a higher low. 128.027 previously
and now 127.986.

Entry: Long from Fibo flip after Fibo flipped and the candle that flipped it
is closed on H2 and H1 charts with divergences attached.

entered at 128.09

rules(s): from where I bought, there are 40 pips to the parabolic.
in consolidation trade both ways.
Next DB attachment on top, setting direction for the trade.
40/40 rule, no Break Even.
We are at bottom, so trading up is the rule, not from middle.

Sorry for the late posting, I only stayed home until 17:00 to reboot then had to go out, just came back.
Attached Image (click to enlarge)
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  • #10,331
  • Jul 6, 2017 1:01am Jul 6, 2017 1:01am
Couldnt this be the ending of ranging with Daily open below smooth, H2 Romar back into trading area with horsemen seperated and H1 Romar becoming resistance?
  • #10,332
  • Jul 6, 2017 2:48am Jul 6, 2017 2:48am
Quoting Nikitafen
Date: Thursday July 5th Daily: ROMAR - Support EMA - Support Psar - Support Checklist: Last MACD 0 Crossing - Up Last EMA Alert Arrow - Up Last DB Attachment - Top Last SAR Attachment - Bottom Fibonacci - Red Notes: White Crossing Purple. SAR attached to the bottom of current candle. MACD decreasing, yet still above 0. Fibo flip with divergence and DB/SAR attached at top. H2: ROMAR - Support EMA - Resistance Psar - Resistance Checklist: Last MACD 0 Crossing - Down Last EMA Alert Arrow - Down Last DB Attachment - Bottom Fibonacci - Green Notes: ROMAR...
I typed out my plan, pulled the trigger going north then kept on reading back parts of the thread to study, in an hour figure its about time for bed. I check MT4 before sleep and boom, TP hit.

Evaluation: +40 trade

I got back home late and did not have a trading plan ready, but it was about in time for the candle that closes at midnight EST / the 3rd H2 candle closing which flipped Fibo to green. I interpreted what the paradox was saying to me, and tried to look at the big picture. Honestly, as soon as I saw the Fibo flip I was itching to go long immediately, but by the rules I decided it wise to understand what the Paradox was telling me and create a full trading plan. I forgot to mention that because H1 ROMAR was running through the market, it was extra confirmation that the H2 was in consolidation. I did not note that that even though the H2 4 horsemen were in what seemed a strong downtrend, we are in consolidation and DB, SAR, FIBO, and the Divergence are crucial. There was also a huge volatility spike which resulted in my TP being hit very quickly. On the upside, I utilized the Fibo flip, which is very powerful on the H2 chart in consolidation, and used the concept of divergence. Looking back on notes, I see it is called bullish divergence where the market creates a lower low but the MACD creates a higher low. I am still very much learning the Paradox and by no means 'there yet', so I ask for an evaluation of my plan, execution and self-evaluation.
  • #10,333
  • Jul 6, 2017 4:16am Jul 6, 2017 4:16am
Hello everyone, they were excellent trader I think.
When I saw this scenario with a market above parabolic, I did not stop to ask myself why I was not SAR. And remember that it is because the paradox is not identifying a Stop and reverse, and that there will be a lower low with DB with the power, some can correct me if this deduction is wrong please.
Attached Image (click to enlarge)
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  • #10,334
  • Jul 6, 2017 5:30am Jul 6, 2017 5:30am
Quoting manin011
Hello everyone, they were excellent trader I think. When I saw this scenario with a market above parabolic, I did not stop to ask myself why I was not SAR. And remember that it is because the paradox is not identifying a Stop and reverse, and that there will be a lower low with DB with the power, some can correct me if this deduction is wrong please. {image}
I think that question has become unnecessary.
  • #10,335
  • Jul 6, 2017 7:07am Jul 6, 2017 7:07am
Quoting Adaptation
{quote} Entry: entered long at the opening of the 21:00 EST candle. Rules: 1. The 2 HR is your trading chart (yes) (post 1680) 2. You can trade either short or long (yes) (post 1680) (rule for consolidation) 3. BB are resistance and support in consolidation (pip count to upper band 74 pips, lower band 18 pips) lower band serves me as support and there is enough room for the upper band. (post 1680) 4. In consolidation when the DB is showing with the price tag you pretty much have an entry. In consolidation you could get the next candle to bump Higher/High...
Self evaluation: + 40 pips. I think it was a good trade. I followed my plan and opened the position near the bottom of the range. There was confluence with the divergence and the DB. The stop - loss was safe beneath the BB and ROMAR as support.
Consistency is a state of mind
  • #10,336
  • Jul 6, 2017 8:32am Jul 6, 2017 8:32am
OK Gentlemen and Ladies:

With the uptrend we had the Parabolic keeping the uptrend intact with higher highs. The double top came into existence when the market had gone a few pips higher high and then with the Parabolic flip. The market then went into a swing. The low it created was the beginning of the ranging mode. Because of ROMAR having the power for the up it created a higher high for each mark of the High. And for each mark of both high and low the DB/SAR had also marked those positions.

ROMAR is now in the trading area and still has the power for the UP with DB/SAR on top for another low. This is where the Game begins. Today is Thursday and I would say by tomorrow we will have a breakout. I will not give you the breakout but for you to study into how the breakout works itself into this position. This way you will never forget..
Attached Image (click to enlarge)
Click to Enlarge Name: Ranging_07-06.png Size: 77 KB
The Dove - Forex Trainer
  • #10,337
  • Jul 6, 2017 8:48am Jul 6, 2017 8:48am
Quoting Adaptation
{quote} Self evaluation: + 40 pips. I think it was a good trade. I followed my plan and opened the position near the bottom of the range. There was confluence with the divergence and the DB. The stop - loss was safe beneath the BB and ROMAR as support.
OK - let me begin by saying the rules that you applied were from various scenarios. And that will not work. There is only two or three rules per scenario. As you can see with my chart above resistance was the low for entry and your entry was way too soon. But you had the right idea. So try to work a little harder on patience and the scenarios.
The Dove - Forex Trainer
  • #10,338
  • Jul 6, 2017 8:52am Jul 6, 2017 8:52am
Quoting Nikitafen
Date: Thursday July 5th Daily: ROMAR - Support EMA - Support Psar - Support Checklist: Last MACD 0 Crossing - Up Last EMA Alert Arrow - Up Last DB Attachment - Top Last SAR Attachment - Bottom Fibonacci - Red Notes: White Crossing Purple. SAR attached to the bottom of current candle. MACD decreasing, yet still above 0. Fibo flip with divergence and DB/SAR attached at top. H2: ROMAR - Support EMA - Resistance Psar - Resistance Checklist: Last MACD 0 Crossing - Down Last EMA Alert Arrow - Down Last DB Attachment - Bottom Fibonacci - Green Notes: ROMAR...
Very nice trade in catching the bottom with support of the low. Great assessment of the rules.
The Dove - Forex Trainer
  • #10,339
  • Jul 6, 2017 8:58am Jul 6, 2017 8:58am
Quoting SolitudeFx
Good evening or morning traders wherever you are Here is my trading plan for July 5/17 Daily Romar:Support Ema:Support Parabolic:Support Ema Arrow: Up Macd Arrow:Up Fibo:Red Db/Sar:both on top Notes: Daily is going sideways high 129.075 and low at 128.02. Approx 100 pips. We are near the bottom. Purple will cross white with new daily candle. 2 Hour Romar:Support Ema:Resistance Parabolic: Resistance Ema Arrow: Down Macd Arrow:down Fibo:Red Db/Sar: both on bottom at 128.142 Notes: Horsemen lined up for down. Ema crossing smooth. Db and sar connected...
A good trade but ROMAR is not used as support being out of the trading area. In this scenario was the BB because if was flat lined at the low. If you had waited a little longer for entry in thinking using ROMAR as support you would had lost that trade.
The Dove - Forex Trainer
  • #10,340
  • Jul 6, 2017 9:12am Jul 6, 2017 9:12am
Quoting dove_alliance
{quote} Very nice trade in catching the bottom with support of the low. Great assessment of the rules.
Thank you.
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