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The Paradox System

  • #10,781
  • Edited 10:10pm Aug 2, 2017 9:54pm | Edited 10:10pm
Quoting chonchy
{quote} ...Sir. what is your take on the e/u? or if you don't trade that pair anymore is ok, hugs and God bless anyways...
Hello Carlos and blessings:

I haven't traded the E/U since I made my prediction when I told everyone to change their biasness for the short when the E/U was at the 1.39xxx back in April of 2014. I told everyone the E/U would hit 1.05xxx and no one believe me. It took about a year but I also said it would go into a ranging mode for a couple of years - in which it did - and then head north for the 1.19xxx before ranging again; and I believe that is where the E/U is at now. If you wait for the set up on the ranging then you could be there between the marks for awhile.

Take care and God bless you and your family.
The Dove - Forex Trainer
  • #10,782
  • Aug 2, 2017 10:43pm Aug 2, 2017 10:43pm
Quoting dove_alliance
{quote} Hello Carlos and blessings: I haven't traded the E/U since I made my prediction when I told everyone to change their biasness for the short when the E/U was at the 1.39xxx back in April of 2014. I told everyone the E/U would hit 1.05xxx and no one believe me. It took about a year but I also said it would go into a ranging mode for a couple of years - in which it did - and then head north for the 1.19xxx before ranging again; and I believe that is where the E/U is at now. If you wait for the set up on the ranging then you could be there between...
....Thanks a lot Sir. great help, I appreciated, family good, yisel is going to make me a grandpa again, making old by force, hope your health is great, your trading can be better, God bless Sir. and remember if you ever on this side of the woods, make some noise here at my door....
The Chonchy
  • #10,783
  • Aug 2, 2017 10:52pm Aug 2, 2017 10:52pm
Hi Dove

Trading plan
Daily candle opened at 131.16 (which is above Ranging mode high)
Romar: S
EMA: S
PSAR: S

2Hr
Romar:S
EMA:S
PSAR:S (eliminated as support since Purple/White crossing for swing down)
Notes: Smooth,white sliddder over purple

1Hr
Romar:S
EMA:S (EMA about to cross purple if it does becomes Resistance)
PSAR:R
Notes: Smooth, white, purple are resistance since have crossed purple

Entry: will wait for clear swing down on 2Hr to make entry OR swing up in trend direction.
  • #10,784
  • Aug 3, 2017 4:09am Aug 3, 2017 4:09am
Session New York: EUR - JPY 030817
0500hrs EST

Daily
ROMAR: Support (out of Trading Zone)
EMA: Support
Parabolic: Support
Notes: Four Horsemen up. DB/SAR attached just below 0.00 FIBO. FIBO Red. Still in breakout up trend from 010817

H2
ROMAR: Support
EMA: Support
Parabolic: Resistance Eliminated
Notes: Purple/White cross now in slider, Parabolic has not flipped, market now retracing north off Parabolic. SAR attached below, MACD Down Fibo Red

H1
ROMAR: Resistance (out of trading Zone)
EMA: Resistance
Parabolic: Resistance
Notes: Four Horsemen down, under EMA, currently in a slider White Purple now crossed to go up. Trend EMA arrow UP. MACD Down. Fibo Red.

Final Notes: as identified we are in a breakout scenario, but Daily & H1 ROMAR's out of trading Zone so could be back into new Ranging Scenario..... market down to H2 Parabolic, bounce to go back up into trend.

Rules in Ranging/Trending with SAR attachment below, look for entry off Support back up in Range or into trend - All ROMAR's UP.

Adjustments:

Entry: Long on Market retracing from H2 Parabolic hit

Result:

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2.png Size: 120 KB


Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,785
  • Aug 3, 2017 7:03am Aug 3, 2017 7:03am
Date: 03/08/17 6.55 GMT EUR/JPY

Daily: Open Above horsemen/purple
ROMAR - Support
EMA - Support
PSAR – Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: 131.389 top
Fibo: Down

Notes: The Daily has the 4 horsemen heading north with an open above purple. Both DB/SAR and both divergence attached at the new high. MACD just above 0. Romar out of trading area. BB’s opening up for continuation of the uptrend? Market slightly out of balance.

2 HR:
OPEN PRICE – 131.191 – 131.186
ROMAR - Support
EMA – Support
PSAR – Support E

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Up (not set)
Last DB Attachment: 131.389 top
Fibo: Down

Notes: The 2 hour has the four horsemen just turning over at the high looking like slider. DB attached at the new high with magenta divergence, SAR now attached on the bottom next on top or DB, MACD -. BB’s closing in.

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

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

Notes: The 1 hour has the four horsemen trending through the centre. BB’s parallel lower inside the fib and above Romar.

Final Notes for all three charts: the market is in full Romar uptrend. New high created. H1 and H2 bbs closing in.


Entry:
Consolidation:
Long: looking for long off support, could be a while yet!
Short:

NEWS: GB rates from 12.00 and probably a poor speech on the economy!!
US news from 1.00 and 3.00 GMT

Rules: Full blown Romar Uptrend wait Patiently wait for long!
H2 slider,
SAR not quite correct with MACD
Db attached, confluence off h4 PASR, H1 H2 ROMAR 38 fibs.
Attached Image (click to enlarge)
Click to Enlarge Name: H2 DB long.PNG Size: 75 KB
Stop killing our Oceans, Stop using single use plastics.
  • #10,786
  • Aug 3, 2017 9:47am Aug 3, 2017 9:47am
Quoting Andiroo
Session New York: EUR - JPY 030817 0500hrs EST Daily ROMAR: Support (out of Trading Zone) EMA: Support Parabolic: Support Notes: Four Horsemen up. DB/SAR attached just below 0.00 FIBO. FIBO Red. Still in breakout up trend from 010817 H2 ROMAR: Support EMA: Support Parabolic: Resistance Eliminated Notes: Purple/White cross now in slider, Parabolic has not flipped, market now retracing north off Parabolic. SAR attached below, MACD Down Fibo Red H1 ROMAR: Resistance (out of trading Zone) EMA: Resistance Parabolic: Resistance Notes: Four Horsemen down,...
Result: -40

Self Evaluation: Read it totally wrong, appears that rather being in trend scenario awaiting the pullback to support on the SAR attachment, we are now in Consolidation and possibly Ranging again with a DB/SAR...If I had acknowledged it was Consolidation then it would have been a good trade south for second opening under the EMA...

I had a preconception before entering the trade ie it would go Long, rather than looking in the moment at what was actually happening.

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,787
  • Edited 10:06am Aug 3, 2017 9:49am | Edited 10:06am
Quoting Andiroo
Session New York: EUR - JPY 030817 0500hrs EST Daily ROMAR: Support (out of Trading Zone) EMA: Support Parabolic: Support Notes: Four Horsemen up. DB/SAR attached just below 0.00 FIBO. FIBO Red. Still in breakout up trend from 010817 H2 ROMAR: Support EMA: Support Parabolic: Resistance Eliminated Notes: Purple/White cross now in slider, Parabolic has not flipped, market now retracing north off Parabolic. SAR attached below, MACD Down Fibo Red H1 ROMAR: Resistance (out of trading Zone) EMA: Resistance Parabolic: Resistance Notes: Four Horsemen down,...
I will be busy for the next couple of days so I will evaluate your's and Jakdan's trades.

To begin with we are no longer in ranging mode because of the breakout. The last double top did become support. Secondly - you are bias because you did not recognize the Daily being out of balance with Purple. Purple was support with the last double top as support.

The only way the new top can become a double top is for the market to hit the new top once again; in which it did not. If you had pulled the trigger going short for the balance you would had made your trade.

EDIT: let me rephrase this: Purple was support and the last double top had become support.
The Dove - Forex Trainer
  • #10,788
  • Edited 10:08am Aug 3, 2017 9:58am | Edited 10:08am
Quoting jakdan
Date: 03/08/17 6.55 GMT EUR/JPY Daily: Open Above horsemen/purple ROMAR - Support EMA - Support PSAR Support Check List: Last MACD 0 crossing: Up Last EMA Alert Arrow: Up Last DB Attachment: 131.389 top Fibo: Down Notes: The Daily has the 4 horsemen heading north with an open above purple. Both DB/SAR and both divergence attached at the new high. MACD just above 0. Romar out of trading area. BBs opening up for continuation of the uptrend? Market slightly out of balance. 2 HR: OPEN PRICE 131.191 131.186 ROMAR - Support EMA Support PSAR Support E...
Again - you pull the trigger late for the same reason in not recognizing the imbalance of the Daily. If you had pulled the trigger at the White/Smooth crossing of Purple you would had been safe for the Balance. Write in your journal in how the double top will become support on a breakout and vice-versa on a double bottom. As of now you will have a long wait for the next Daily in seeing how this will follow through as the Daily is still up; and the balance had been completed.

Edit: let me rephrase this: Write in your journal in how the double top will become Support on a breakout and vice-versa on a double bottom.
The Dove - Forex Trainer
  • #10,789
  • Aug 3, 2017 10:12am Aug 3, 2017 10:12am
Quoting dove_alliance
{quote} I will be busy for the next couple of days so I will evaluate your's and Jakdan's trades. To begin with we are no longer in ranging mode because of the breakout. The last double top did become support. Secondly - you are bias because you did not recognize the Daily being out of balance with Purple. Purple was support with the last double top as support. The only way the new top can become a double top is for the market to hit the new top once again; in which it did not. If you had pulled the trigger going short for the balance you would...
Thank you sir, did have me wondering there!

I need to reference my studying more to the Daily scenario and balance, I do feel lacking in that respect.


Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,790
  • Aug 3, 2017 10:36am Aug 3, 2017 10:36am
Quoting Andiroo
{quote} Thank you sir, did have me wondering there! I need to reference my studying more to the Daily scenario and balance, I do feel lacking in that respect. Cheers, Andy
Andy

Funnily enough, it is one of the most simple and easy aspects of the Paradox. You can visually see the market out of balance, and in your Daily and Final Notes you should make a point of writing it down, because that simple thing will tell you how you need to be trading, which in this case was short, until at least the market is back in balance.

Like I said above, such a simple concept but very, very, important. But also one of the easiest to understand.

Hope that helps mate.

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #10,791
  • Aug 3, 2017 10:39am Aug 3, 2017 10:39am
Quoting shinny
{quote} Andy Funnily enough, it is one of the most simple and easy aspects of the Paradox. You can visually see the market out of balance, and in your Daily and Final Notes you should make a point of writing it down, because that simple thing will tell you how you need to be trading, which in this case was short, until at least the market is back in balance. Like I said above, such a simple concept but very, very, important. But also one of the easiest to understand. Hope that helps mate. Shaun
It does Shaun, thanks mate - sometimes the simpler things.....



Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,792
  • Aug 3, 2017 11:14am Aug 3, 2017 11:14am
Hello Traders

Just following up from what Dana said earlier, here is my trade from today on EJ:

As Dana explained the market was out of balance so I was looking for the short, given the opportunity. If I wasn't around for the short, I would wait for a possible long from Daily Purple, with 4hr/2hr Support.

I took the trade on the open bar on my chart screenshot.

Given what Dana has already said, I think its pretty self explanatory!

Attached Image (click to enlarge)
Click to Enlarge Name: ej 030817.jpg Size: 394 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ej 030817 print.jpg Size: 8 KB


Hope that helps.

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #10,793
  • Aug 3, 2017 11:53am Aug 3, 2017 11:53am
Quoting dove_alliance
{quote} Again - you pull the trigger late for the same reason in not recognizing the imbalance of the Daily. If you had pulled the trigger at the White/Smooth crossing of Purple you would had been safe for the Balance. Write in your journal in how the double top will become support on a breakout and vice-versa on a double bottom. As of now you will have a long wait for the next Daily in seeing how this will follow through as the Daily is still up; and the balance had been completed. Edit: let me rephrase this: Write in your journal in how the double...
Dana/Shaun

Thanks for the feedback its much appreciated.
Believe it or not i saw the trade on the way down but it was at my favourite 0700 bar and i wanted to be more patient (trying to prove something) and catch the "trade" back up.......... with a single track mind..
more fool me,
Stop killing our Oceans, Stop using single use plastics.
  • #10,794
  • Edited 1:23pm Aug 3, 2017 12:50pm | Edited 1:23pm
I also did a sell entry at 130.960, on the 2H open bar that opened below EMA and between the EMA and the (eliminated) Parabolic. Too bad my TP was 130.560, which was 1 pip too far because of the 2 pip spread, and the trade is still running :-P ... I know I should have closed the sell trade when the DB hit at the support level, but was away.

By the way I was reading this post number 8558 by Dove that says:

"If ROMAR is support and the DB/SAR are resistance then ROMAR is your target."

And that quoted example case was in the scenario of a 2H chart and a downtrend.
  • #10,795
  • Aug 3, 2017 1:24pm Aug 3, 2017 1:24pm
Quoting ilpoj
I also did a sell entry at 130.960, on the 2H open bar that opened below EMA and between the EMA and the (eliminated) Parabolic. Too bad my TP was 130.560, which was 1 pip too far because of the 2 pip spread, and the trade is still running :-P By the way I was reading this post number 8558 by Dove that says: "If ROMAR is support and the DB/SAR are resistance then ROMAR is your target." And that quoted example case was in the scenario of a 2H chart and a downtrend.
Hi

Here is the 2hr chart again:

Attached Image (click to enlarge)
Click to Enlarge Name: ej 030817 example failed high.jpg Size: 394 KB


The blue rectangle box shows the failed high after the break out. As soon as Smooth/Purple/White cross you can get in very safely, and because of the speed at which they crossed you can be sure that EMA/Purple will cross, and quite often you will have your +40 on the same bar the PSAR flips (as happened in this case).

Your getting in safely near the top and not having to wait for either a SAR on top at the PSAR or just a bar to close near the PSAR to get in.

I can pretty much tell you what is going to happen from here. If I get chance, I will trade it and show - not promising though as I have done my +40 for the day so I'n not going to be hanging about, but if I am around I will do it.

Hope that helps.

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #10,796
  • Aug 3, 2017 1:24pm Aug 3, 2017 1:24pm
Quoting jakdan
{quote} Dana/Shaun Thanks for the feedback its much appreciated. Believe it or not i saw the trade on the way down but it was at my favourite 0700 bar and i wanted to be more patient (trying to prove something) and catch the "trade" back up.......... with a single track mind.. more fool me,
In the moment, always remember that.

Cheers

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #10,797
  • Aug 3, 2017 2:18pm Aug 3, 2017 2:18pm
My Lord had told me once: "Always stay strong in what is predictable. If you do, then your knowledge, wisdom, and your emotions will also be predictable".

Anything that you can see or know before it happens is predictable.

Whatever is predictable in life will also control everything else about yourself. You are then in control of all encounters of life because you are predictable and nothing can stand in your way; nor change anything about you. If you are unpredictable then anything in life can change your esteem and also your faith.

It is the same with trading. Why do you think we are trading the E/J? The reason is because the E/J is the only pair in the market that is Predictable.

The E/J is the sister of the G/U. The difference between the two is the E/J is the stronghold of Prediction and the G/U is not. In fact the E/J is the total stronghold of all pairs when it comes to predicting the future. That is one reason the rules are set in stone because the Paradox will do exactly what it says it will do. Once a scenario is in action; and you follow the rules for that scenario, then your entry is guarantee. And what makes the E/J so great is every scenario repeats itself but often in a different variable. In other words if you see one scenario being created then you know it will complete itself exactly the same as it did the last time in whatever variable it is in. That is why it is very important to know each and every scenario and the rules for each scenario. Once you know them by heart then you will know what is happening before it even happens.

The best way in learning is educate yourself about the scenarios in back testing. Take one scenario and learn the rules. Then back test 6-8 weeks and hunt down the scenario and study each one of the scenario as you are going through the weeks. Once you have that scenario down then move on to the next scenario and do the same. But the question is: how many of you have the desire and the heart of spending your free time during week-ends in learning and knowing thyself in this way?

And that is why you should Always stay strong in what is predictable. Believing, having faith, and learning is the path to victory. Like I have said you have to be the Matrix in order to gain knowledge, wisdom, control of your emotions, to understand the Matrix.

Shaun's quote on his postings says it all: "Nobody can be told what The Matrix is. You'll have to see it yourself". In order to see it yourself you have to be the Matrix in knowing thyself.
The Dove - Forex Trainer
  • #10,798
  • Edited 3:41pm Aug 3, 2017 3:20pm | Edited 3:41pm
Quoting shinny
{quote} Hi Here is the 2hr chart again: {image} The blue rectangle box shows the failed high after the break out. As soon as Smooth/Purple/White cross you can get in very safely, and because of the speed at which they crossed you can be sure that EMA/Purple will cross, and quite often you will have your +40 on the same bar the PSAR flips (as happened in this case). Your getting in safely near the top and not having to wait for either a SAR on top at the PSAR or just a bar to close near the PSAR to get in. I can pretty much tell you what is going...
Thanks for Your clarification Shinny! I'm trying to learn bit by bit, like many others...
And thanks for Dove for post no. 10799. I got some insight from it I believe...
  • #10,799
  • Edited 6:55pm Aug 3, 2017 5:49pm | Edited 6:55pm
Quoting matrix2017
Trading plan : EJ 3 Aug, 9:35 am GMT+7 {image} <Daily> ROMAR : Support EMA: Support PSAR: Support SAR: on the top DB: on the top of same candle of SAR Fibo: Red MACD: under Note: There was a new high by yesterday's candle, Opened price from the top and tend to 4 horsemen which is line up for uptrend, ROMAR is still outside BB. <2H> ROMAR: Support EMA: Support PSAR: Support SAR: at the bottom nearly reach Parabolic DB: at the top Fibo: Red MACD: under (just break zero down) Note: Both EMA arrow and MACD cross arrow show the movement to down side....
Result: No trade ( not entry )

Self Evaluation: I had seen the compression of indicators (Purple, White, Smooth), Firstly I expected the slide scenario over the EMA, But I miss to think the other way is also possible. And I just put my thought to follow plan only. I got my memory after it passed : When the indicators compressed together and the EMA below Purple, let look at Smooth cross White, if it do so the Purple will move down to cross EMA and become Reverse. I didn't realize this scenario at that time.
I will review the scenario and always put in my mind to trade in the moment.

Thank you & Rgds.
  • #10,800
  • Aug 3, 2017 7:42pm Aug 3, 2017 7:42pm
Trading plan : EJ
4 Aug, 7:32 am GMT+7

Attached Image (click to enlarge)
Click to Enlarge Name: 4Aug.JPG Size: 244 KB


<Daily>
ROMAR : Support
EMA: Support
PSAR: Support
SAR: on the top
DB: on the top of same candle of SAR
Fibo: Red
MACD: under
Note: Opened today is under Purple under the line up of 4 Horsemen for up.

<2H>
ROMAR: Support
EMA: Resistance
PSAR: Resistance
SAR: at the Bottom 130.447
DB: at the Bottom with SAR
Fibo: Red
MACD: under
Note: 4 Horsemen in line down to ROMAR, the Purple is nearly reach ROMAR

<1H>
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
Fibo: Green
MACD: Under
Note: Purple come to near White, EMA crossed ROMAR for down trend

News: USD, Non-Farm and other major news 19:30

Final note: The Swing down of 2H is still visual. With the Opend price of Daily, and together with 4H (purple crossed its EMA), it seems the downtrend will continue. My thought is to go down untill 4H ROMAR. So wait for the set up of Reverse clear at 2H chart.

Entry Long: When the Purple cross White up and the opened price is above EMA.
Entry Short: in option and confirm 4Horsemen perform with EMA in 2H chart.

Rgds.
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