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The Paradox System

  • #10,661
  • Jul 24, 2017 10:51am Jul 24, 2017 10:51am
Quoting Pandakker
{quote} Entered short at the opening of the 0400 EST 2Hr bar. {image}
Hit S/L.

Entered too fast, not patient enough, affraid to miss the trade.
One bar earlier for my entry Divergence and hidden Div where attached tot the bottom. Also DB/SAR where attached. So I should have known market will go sideways and up to get back at resistance.

Lesson learned.
  • #10,662
  • Jul 24, 2017 12:38pm Jul 24, 2017 12:38pm
Here is how Daily DB and Sar look like in this computer.
Attached Image
There are no weapons that will form against my financial prosperity.
  • #10,663
  • Jul 24, 2017 12:38pm Jul 24, 2017 12:38pm
Quoting jakdan
{quote} Try further back it may be April or may as I went back quite away to find examples, sorry not at pc at the moment but it is there if you look, ant it is the 21st of the month
Thanks jak, appreciate it. Glad to know we try to help each other
I Will Never Give Up
  • #10,664
  • Jul 24, 2017 1:09pm Jul 24, 2017 1:09pm
Quoting birpinar
Here is how Daily DB and Sar look like in this computer. {image}
Thanks, I believe that matches mine as well as Nikitafen's who posted their Daily. Here is mine again zoomed.

Attached Image (click to enlarge)
Click to Enlarge Name: 7-24-daily.png Size: 12 KB
  • #10,665
  • Jul 24, 2017 2:49pm Jul 24, 2017 2:49pm
Quoting jmag
{quote} Thanks, I believe that matches mine as well as Nikitafen's who posted their Daily. Here is mine again zoomed. {image}
Post your 2 hour and it will not match. Like I said - you have the wrong SAR.
The Dove - Forex Trainer
  • #10,666
  • Jul 24, 2017 3:39pm Jul 24, 2017 3:39pm
Quoting dove_alliance
{quote} Post your 2 hour and it will not match. Like I said - you have the wrong SAR.
Here is my 2H.

Attached Image (click to enlarge)
Click to Enlarge Name: 7-24-2h.png Size: 167 KB
  • #10,667
  • Jul 24, 2017 3:48pm Jul 24, 2017 3:48pm
Quoting jmag
{quote} Here is my 2H. {image}
And here is my H2 - as I had said - you need to install the right SAR.
Attached Image (click to enlarge)
Click to Enlarge Name: SAR 07-24.png Size: 72 KB
The Dove - Forex Trainer
  • #10,668
  • Jul 24, 2017 3:55pm Jul 24, 2017 3:55pm
Traders - I would appreciate it you let me handle those who has chart problems.
The Dove - Forex Trainer
  • #10,669
  • Jul 24, 2017 4:00pm Jul 24, 2017 4:00pm
Quoting dove_alliance
{quote} And here is my H2 - as I had said - you need to install the right SAR. {image}
Got it Dana. Thank you.

Attached Image (click to enlarge)
Click to Enlarge Name: 7-24-2h.png Size: 165 KB
  • #10,670
  • Jul 24, 2017 5:05pm Jul 24, 2017 5:05pm
Quoting dove_alliance
{quote} You do not have the right SAR.
Thank you Dana!
I thought I had deleted all of the older SAR indis...I hadn't! Somehow they made a reappearance on my charts and had it not been for you drawing attention to it I wouldn't have caught it (at least until I noticed others posts). I'm confident that this "infection" had only been in place on my charts for a couple of days. I would recommend to everyone to double check your charts and all your indi files. Make sure the older one is completely gone!
  • #10,671
  • Jul 24, 2017 7:14pm Jul 24, 2017 7:14pm
Trading plan for July 24/17

Daily

Romar:Support
Ema:Support
Parabolic:Resistance
Ema Arrow: Up
Macd Arrow: Down
Fibo:Red
Db/Sar: Sar on top at 130.492. Db at the 0 fib.

Notes: Ema slider uptrend with parabolic resistance eliminated and
horsemen lining up for long.

2 Hour

Romar:Resistance
Ema:Support
Parabolic:Support
Ema Arrow: Up
Macd Arrow: Up
Fibo:Red
Db/Sar: Db on the bottom at the bollinger band. Sar detached at 129.476

Notes: Market hit close to bottom of fibo at bollinger band with hidden divergence
and db/sar. Purple crossed white,smooth, and ema with macd
arrow up

1 Hour

Romar: Resistance
Ema: Support
Parabolic: Support
Ema Arrow: Up
Macd Arrow: Up
Fibo: Green
Db/Sar: Db/sar at the 0 fib with divergence.

Notes: Parabolic trend from the fibo flip with hidden divergence at
the bollinger band and the market turned up. Ema under
smooth for uptrend with the parabolic.

Final Notes: With the parabolic flip on H2 and purple cross Ema, market opened above
Ema and Romar to go long. We are in consolidation and in the bottom of fibo although it
did not flip it came very close to that low.

Rules: 1: Open above ema after the purple/white/smooth crossing in sequence
2: 1 and 2 hour in sync in consolidation trading from bottom up.

Entry: Went long at 129.461
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy h2.png Size: 80 KB
The quieter you become, the more that you can hear.
  • #10,672
  • Jul 25, 2017 1:09am Jul 25, 2017 1:09am
Date: 25/07/17 6.55 GMT EUR/JPY

Daily: Open below Purple
ROMAR - Support
EMA - Support
PSAR – Resistance E

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: UP
Last DB Attachment: 130.753 top
Fibo: Down

Notes: The Daily has the 4 horsemen running flat and tight right through the centre of the market. The DB attached at the high at the 0 red fibo with now magenta tag, No green divergence. MACD below 0. SAR attached on the top. Romar out of trading area. BB’s still closing up.

2 HR:
OPEN PRICE – 129.361 – 129.419
ROMAR - Resistance
EMA - Support
PSAR – Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: 128.860 bottom
Fibo: Down

Notes: The 2 hour has the four horsemen just heading North, no power as yet with the market in the centre. DB attached at the bottom close to 0 red fib with LSB and Gold Divergence. SAR attached at the top, EMA, MACD Arrows in order for the up!!. BB’s parallel both now inside Fibo.

1 HR:
ROMAR - Resistance
EMA – Support
PSAR – Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: N/A
Fibo: Up

Notes: The 1 hour has the four horsemen also flat and through the centre of the market. MACD just above 0. BB’s closing with lower now inside the fibo.

Final Notes for all three charts: the market is in Consolidation with the market in Downtown central and no mans land…... H2 arrows set up for the up no great power. Conflicting fibs? Waiting for breakout and the BB’s to show the way.


Entry:
Consolidation: No real Bias at the moment, so time for a little of what I have none of.
Long:
Short:


NEWS: US consumer news 3.00pm GMT

After trade notes:
Stop killing our Oceans, Stop using single use plastics.
  • #10,673
  • Jul 25, 2017 9:00am Jul 25, 2017 9:00am
Quoting SolitudeFx
Trading plan for July 24/17 Daily Romar:Support Ema:Support Parabolic:Resistance Ema Arrow: Up Macd Arrow: Down Fibo:Red Db/Sar: Sar on top at 130.492. Db at the 0 fib. Notes: Ema slider uptrend with parabolic resistance eliminated and horsemen lining up for long. 2 Hour Romar:Resistance Ema:Support Parabolic:Support Ema Arrow: Up Macd Arrow: Up Fibo:Red Db/Sar: Db on the bottom at the bollinger band. Sar detached at 129.476 Notes: Market hit close to bottom of fibo at bollinger band with hidden divergence and db/sar. Purple crossed white,smooth,...
Self Evaluation

I believe that I applied the correct rules to this scenario and by staying within those rules they kept me safe. I welcome any guidance and direction on this trade.

Result: +40 pips
The quieter you become, the more that you can hear.
  • #10,674
  • Jul 25, 2017 9:14am Jul 25, 2017 9:14am
Quoting SolitudeFx
{quote} Self Evaluation I believe that I applied the correct rules to this scenario and by staying within those rules they kept me safe. I welcome any guidance and direction on this trade. Result: +40 pips
When you pulled the trigger you had both H1 and H2 ROMAR's in a slider over EMA for the short. With ROMAR as resistance on both charts had eliminated any trade going north in the moment. I have stated many times do not underestimate the power of ROMAR going through center; if you do ROMAR can burn you.

On your trading plan you had ROMAR as resistance on both charts but yet you totally ignored this element as a trader. And again you disregarded the bigger picture and did not trade in the moment but only being bias on a trade you wanted; and did not listen to what the Paradox was saying. The rule you should had written is: 'Romar resistance in a slider over EMA and no trade going long at this time.'

There was no trade in the moment going either way until that slider was cleaned up with opening below Smooth for the short; or ROMAR crossing EMA for the long. Fortunately the trade went with you with ROMAR crossing EMA on a medium impact economic release. If not for this release you would had lost your trade. By being patient you could had entered long on the next bar with ROMAR crossing EMA for a positive trade without risk.

The four rules you had broken was trading against the power of ROMAR; 2 - lacking patience; 3 not trading in the moment by looking at the whole picture; and 4 Assuming or Anticipating.

Any one (or all four) of these trading rules are killers for any trader.
The Dove - Forex Trainer
  • #10,675
  • Jul 25, 2017 9:50am Jul 25, 2017 9:50am
Quoting dove_alliance
{quote} When you pulled the trigger you had both H1 and H2 ROMAR's in a slider over EMA for the short. With ROMAR as resistance on both charts had eliminated any trade going north in the moment. I have stated many times do not underestimate the power of ROMAR going through center; if you do ROMAR can burn you. On your trading plan you had ROMAR as resistance on both charts but yet you totally ignored this element as a trader. And again you disregarded the bigger picture and did not trade in the moment but only being bias on a trade you wanted; and...
Thank you Dove. Will apply these rules in the future.
The quieter you become, the more that you can hear.
  • #10,676
  • Jul 25, 2017 11:15am Jul 25, 2017 11:15am
Quoting jakdan
Date: 25/07/17 6.55 GMT EUR/JPY Daily: Open below Purple ROMAR - Support EMA - Support PSAR Resistance E Check List: Last MACD 0 crossing: Down Last EMA Alert Arrow: UP Last DB Attachment: 130.753 top Fibo: Down Notes: The Daily has the 4 horsemen running flat and tight right through the centre of the market. The DB attached at the high at the 0 red fibo with now magenta tag, No green divergence. MACD below 0. SAR attached on the top. Romar out of trading area. BBs still closing up. 2 HR: OPEN PRICE 129.361 129.419 ROMAR - Resistance EMA - Support...
well guys been extremely busy today so it looks like i missed the ride. i missed the 9.00 gmt open candle so was waiting on a return to purple which didnt happen! couldn't get enough time away to watch.
Just got home for the evening and found the hit on purple with the horsemen still heading North, this maybe a bit ambitious but i believe we could still get our 40, only time will tell.....
Attached Image (click to enlarge)
Click to Enlarge Name: long off purple.PNG Size: 151 KB
Stop killing our Oceans, Stop using single use plastics.
  • #10,677
  • Jul 25, 2017 5:16pm Jul 25, 2017 5:16pm
Trading plan for July 25/17

Daily

Romar:Support
Ema:Support
Parabolic:Support
Ema Arrow: Up
Macd Arrow: Down
Fibo:Red
Db/Sar: Sar on top at 130.573. Db on top at 130.753

Notes: Parabolic flip. Horsmen lined up for North. Hidden divergence with
Sar attached close to top of the fibo.

4 hour
Romar: Support
Ema: Support
Parabolic: Support
Notes: Db and Sar at the top of the red fibo with magenta price tag and hidden divergence as
resistance. Horsemen all support.

2 Hour

Romar:Support
Ema:Support
Parabolic:Support
Ema Arrow: Up
Macd Arrow: Up
Fibo:Red
Db/Sar: Connected at the zero fibo.

Notes: Recent bollinger band hit at top of the fibo with db and sar attached with magenta price tag.
Horsemen uptrend.

1 Hour
Romar: Support
Ema: Support
Parabolic: Support
Ema Arrow: Up
Macd Arrow: Up
Fibo: Red

Notes: Bollinger band hit at the top of the fibo.Purple sliding over smooth.

Final Notes: Full blown uptrend with all three charts in agreement. Recent bollinger band
hit could turn the market down. Will go long off h2 ema support with sar detached from db if purple
has not crossed smooth. Will consider short if the h2 parabolic flips and the rules are applied
for entry.

Rules: 1: Short: Parabolic locked in for short and retrace or open at resistance with the
purple/ema crossing and ema/macd arrow in proper sequence.
2: Long: Sar detached in trend at support to connect with db in completion of the trend.
3: Will apply patience by trading in the moment and not under assumption.

Entry: Will post if conditions for entry are met.
The quieter you become, the more that you can hear.
  • #10,678
  • Jul 26, 2017 12:30am Jul 26, 2017 12:30am
Quoting jakdan
{quote} well guys been extremely busy today so it looks like i missed the ride. i missed the 9.00 gmt open candle so was waiting on a return to purple which didnt happen! couldn't get enough time away to watch. Just got home for the evening and found the hit on purple with the horsemen still heading North, this maybe a bit ambitious but i believe we could still get our 40, only time will tell..... {image}
Trade evaluation: took 40 from the market. trade was a little late in the day for me but patience paid off. retrace back to purple support, BB's still open and the four horsemen still showing strength for the up.
PS also different time for me so cant watch = less stress.
Stop killing our Oceans, Stop using single use plastics.
  • #10,679
  • Edited 1:27am Jul 26, 2017 1:16am | Edited 1:27am
Date: 26/07/17 6.55 GMT EUR/JPY

Daily: Open above Horsemen
ROMAR - Support
EMA - Support
PSAR Support

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: UP
Last DB Attachment: 130.753 top
Fibo: Down

Notes: The Daily has the 4 horsemen flat to up, below market and slightly out of balance. Green divergence attached at the L/H with SAR. The DB attached at the high at the 0 red fibo with now magenta tag, No green divergence. MACD just below 0. Romar out of trading area. BBs just starting to open up.

2 HR:
OPEN PRICE 130.311 130.195
ROMAR - Support
EMA - Support
PSAR Support E

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: 130.573 top
Fibo: Down

Notes: The 2 hour has the four horsemen just turning over after trip North. BD attached at the high with Magenta divergence. SAR attached on the bottom almost EMA and the 23.6 fib. EMA, MACD Arrows in order for the up. BBs closing in and outside of the fibo.

1 HR:
ROMAR - Support
EMA Support
PSAR Support E

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: N/A
Fibo: Down

Notes: The 1 hour has the four horsemen also flat and just above the market. MACD just below 0. BBs closing with lower now inside the fibo.

Final Notes for all three charts: the market is in full Romar uptrend. Slightly out of balance with + 40 to purple support Need the SAR to go lower for long pip count.


Entry:
Consolidation:
Long: long in the moment with pip count and correct horsemen.
Short:

NEWS: crude oil 3.30 and FOMC at 7.00 GMT

EDIT: went long maybe just missed pip count!! quick jump and spreaddddddd

After trade notes:
Attached Image (click to enlarge)
Click to Enlarge Name: entry off sarema.PNG Size: 155 KB
Stop killing our Oceans, Stop using single use plastics.
  • #10,680
  • Jul 26, 2017 8:17am Jul 26, 2017 8:17am
Hello Traders

I'm back from vacation in Florida. Very volatile weather, lots of humidity and storms, but a great time had by all.

Nice to see another student graduate, I have been following the thread as a guest.

Regards

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
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