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The Paradox System

  • #10,861
  • Aug 7, 2017 10:02am Aug 7, 2017 10:02am
[quote=Therapsid;10163860]
Quoting dove_alliance
My chart is exactly the same as Andiroo; he is on Demo and I am Live. Those who are wrong be sure your MT4 Build is at least 1090. If not then you have to redo the MT4.[/quote When I switched to my live account my chart corrected itself. A demo fluke apparently. Good to know live is ok.
It does not matter if you are live or demo with the Paradox.
The Dove - Forex Trainer
  • #10,862
  • Aug 7, 2017 10:07am Aug 7, 2017 10:07am
[quote=dove_alliance;10163868]
Quoting Therapsid
{quote} It does not matter if you are live or demo with the Paradox.
I have build 1090...?
  • #10,863
  • Aug 7, 2017 10:16am Aug 7, 2017 10:16am
[quote=Therapsid;10163885]
Quoting dove_alliance
{quote} I have build 1090...?
Let me explain something - you cannot have both demo and live on your computer unless they are both precisely the same. There are traders on this forum trading a demo and they do not have this problem; which means your demo is wrong.
The Dove - Forex Trainer
  • #10,864
  • Aug 7, 2017 10:23am Aug 7, 2017 10:23am
Quoting dove_alliance
{quote} The entry was correct - always be sure there is enough pips for the 61.8 and the 23.6. In other words do not worry about the spread as long as the pips are there.
Thank you sir, duly noted.

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,865
  • Aug 7, 2017 10:26am Aug 7, 2017 10:26am
[quote=dove_alliance;10163920]
Quoting Therapsid
{quote} Let me explain something - you cannot have both demo and live on your computer unless they are both precisely the same. There are traders on this forum trading a demo and they do not have this problem; which means your demo is wrong.
Yes, thank you. If I wasn't clear, I fully realize my demo is wrong! I'm not for a second contesting that.
  • #10,866
  • Aug 7, 2017 10:30am Aug 7, 2017 10:30am
[quote=Therapsid;10163943]
Quoting dove_alliance
{quote} Yes, thank you. If I wasn't clear, I fully realize my demo is wrong! I'm not for a second contesting that.
You had a question mark with the build which means you was contesting; and I explained it. I suggest in deleting your MT4 Demo and redo it completely before it affects your live account.
The Dove - Forex Trainer
  • #10,867
  • Aug 7, 2017 10:38am Aug 7, 2017 10:38am
[quote=dove_alliance;10163958]
Quoting Therapsid
{quote} You had a question mark with the build which means you was contesting; and I explained it. I suggest in deleting your MT4 Demo and redo it completely before it affects your live account.
Ok. I wasn't clear! I understand now and will do as you say. Thank you!
  • #10,868
  • Aug 7, 2017 11:17am Aug 7, 2017 11:17am
Quoting jakdan
Date: 07/08/17 6.55 GMT EUR/JPY Daily: Open below smooth ROMAR - Support EMA - Support PSAR Support Check List: Last MACD 0 crossing: Down 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 below smooth. Both DB/SAR and both divergence attached at the new high. MACD just below 0. Romar out of trading area. BBs closing in. 2 HR: OPEN PRICE 130.371 130.558 ROMAR - Resistance EMA Support PSAR Support Check List: Last MACD 0 crossing: Up Last EMA Alert Arrow: Up Last DB...
Trade Evaluation: probably -40 with three tiny little pips in it. going out and probably wont be back for the end.

Done a lot of study at the weekend and really thought i was good to go with clear blue sky above, one thing i did not look for was the 61.8 fib, from now on it will be in the lookout box.
Not sure how to decipher whether it will go right through it or stop it in its tracks yet, so a little more study and again another one for the grand kids.

Don't you just love this system.
unless Romar proves me wrong as its my last stand in defence.
Stop killing our Oceans, Stop using single use plastics.
  • #10,869
  • Aug 7, 2017 1:47pm Aug 7, 2017 1:47pm
Hi everyone , most of the trades taken the past weeks never had the pip count to 61.8 or 23.6 but they still took us into profit. I didn't know about this rule and will take it into account for the next set up
  • #10,870
  • Aug 7, 2017 1:47pm Aug 7, 2017 1:47pm
Quoting jakdan
{quote} Trade Evaluation: probably -40 with three tiny little pips in it. going out and probably wont be back for the end. Done a lot of study at the weekend and really thought i was good to go with clear blue sky above, one thing i did not look for was the 61.8 fib, from now on it will be in the lookout box. Not sure how to decipher whether it will go right through it or stop it in its tracks yet, so a little more study and again another one for the grand kids. Don't you just love this system. unless Romar proves me wrong as its my last stand in...
I wouldn't give up on it just yet...
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #10,871
  • Aug 7, 2017 4:17pm Aug 7, 2017 4:17pm
Quoting shinny
{quote} I wouldn't give up on it just yet...
keeping the faith Shaun

looks like ROMAR is better than Sunderlands defence.

good night all
Stop killing our Oceans, Stop using single use plastics.
  • #10,872
  • Aug 7, 2017 4:32pm Aug 7, 2017 4:32pm
Quoting jakdan
{quote} keeping the faith Shaun looks like ROMAR is better than Sunderlands defence. good night all
Wet bread is better than Sunderland's defence Ant!

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,873
  • Aug 7, 2017 10:02pm Aug 7, 2017 10:02pm
Quoting Tony3233
Hi everyone , most of the trades taken the past weeks never had the pip count to 61.8 or 23.6 but they still took us into profit. I didn't know about this rule and will take it into account for the next set up
That means you did not read the thread because it has been mention many times in regards with those two levels with the Fibo.
The Dove - Forex Trainer
  • #10,874
  • Aug 7, 2017 10:06pm Aug 7, 2017 10:06pm
Quoting dove_alliance
{quote} That means you did not read the thread because it has been mention many times in regards with those two levels with the Fibo.
Thank you for your reply Dove, I'm studying everything over..
  • #10,875
  • Aug 8, 2017 2:46am Aug 8, 2017 2:46am
Session New York: EUR - JPY 080817
0300hrs EST

Daily
ROMAR: Support (out of Trading Zone)
EMA: Support
Parabolic: Support
Notes: Four Horsemen up, Purple/White slider. DB/SAR attached on 0.00 FIBO. FIBO Red. Opened at White/Purple, Market at Smooth

H4
ROMAR: Support
EMA: Support
Parabolic: Resistance Eliminated
Notes: Four Horsemen UP. DB/SAR attached below with divergence just under H4 ROMAR, Fibo Red. Purple/White cross. SAR attached above waiting for a high for DB attachment.

H2
ROMAR: Support
EMA: Resistance
Parabolic: Resistance
Notes: Four Horsemen in EMA Slider. DB/SAR attached below with divergence on 0.0 Fibo, Fibo Green. Market has again broken ROMAR (just) but EMA has not. SAR attached above waiting for a high for DB attachment, however EMA Arrow/MACD Arrow down, with Parabolic flip flashing every now and then, BBs getting narrowerH2 ROMAR staying strong.

H1
ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Notes: Four Horsemen down, EMA crossed ROMAR, Parabolics flipped for the down, Fibo Red.

Final Notes: as identified we are in Consolidation and tight Ranging, Market sideways above H2 ROMAR. Daily/H4/H2 are still in uptrend, with Daily EMA, H4 ROMAR and H2 ROMAR as Support POWER. H1/H2 & H4 DB/SAR are all three attached at the bottom.

Rules: H2 H4 SARs are attached at the top, we are awaiting DB attachment Market needs to go higher than 130.860 for the DB to attach, so we are awaiting a breakout north from H2 Support. Target is BB within Fibo Pip range 45.

News: No Major News

Adjustments:

Entry: Long Market at H2 ROMAR Support

Result:

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2 080817 0316hrs.png Size: 93 KB
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,876
  • Aug 8, 2017 9:37am Aug 8, 2017 9:37am
Quoting Andiroo
Session New York: EUR - JPY 080817 0300hrs EST Daily ROMAR: Support (out of Trading Zone) EMA: Support Parabolic: Support Notes: Four Horsemen up, Purple/White slider. DB/SAR attached on 0.00 FIBO. FIBO Red. Opened at White/Purple, Market at Smooth H4 ROMAR: Support EMA: Support Parabolic: Resistance Eliminated Notes: Four Horsemen UP. DB/SAR attached below with divergence just under H4 ROMAR, Fibo Red. Purple/White cross. SAR attached above waiting for a high for DB attachment. H2 ROMAR: Support EMA: Resistance Parabolic: Resistance Notes: Four...
I'm going to give you my evaluation at this time because of the Daily doing exactly what it said it would do; which was the SAR attaching on the bottom. Your biggest mistake was with the H2 Red arrow and the MACD zero showing the crossing with your entry going short and you went long. You now have both the DB/SAR on the bottom with the H2 breaking the low with the Daily SAR. It is a different story when you let your ego over ride the big picture. The breakout was going south on the Daily.

OK - I got to go.
The Dove - Forex Trainer
  • #10,877
  • Aug 8, 2017 9:39am Aug 8, 2017 9:39am
Quoting Andiroo
Session New York: EUR - JPY 080817 0300hrs EST Daily ROMAR: Support (out of Trading Zone) EMA: Support Parabolic: Support Notes: Four Horsemen up, Purple/White slider. DB/SAR attached on 0.00 FIBO. FIBO Red. Opened at White/Purple, Market at Smooth H4 ROMAR: Support EMA: Support Parabolic: Resistance Eliminated Notes: Four Horsemen UP. DB/SAR attached below with divergence just under H4 ROMAR, Fibo Red. Purple/White cross. SAR attached above waiting for a high for DB attachment. H2 ROMAR: Support EMA: Resistance Parabolic: Resistance Notes: Four...
Result: -40 SL

Self Evaluation: Bad Trade - I was very biased for the DB attachment higher than the 130.860, thought the H2 EMA slider would be in my favour, had too much faith in H2 ROMAR and did not see this coming. Maybe should have been more patient and awaited breakout to not trade from the middle.


Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,878
  • Aug 8, 2017 9:49am Aug 8, 2017 9:49am
Quoting dove_alliance
{quote} I'm going to give you my evaluation at this time because of the Daily doing exactly what it said it would do; which was the SAR attaching on the bottom. Your biggest mistake was with the H2 Red arrow and the MACD zero showing the crossing with your entry going short and you went long. You now have both the DB/SAR on the bottom with the H2 breaking the low with the Daily SAR. It is a different story when you let your ego over ride the big picture. The breakout was going south on the Daily. OK - I got to go.
Apologies our posts crossed there Dana - thank you for your evaluation.

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,879
  • Aug 8, 2017 1:55pm Aug 8, 2017 1:55pm
Quoting Andiroo
{quote} Apologies our posts crossed there Dana - thank you for your evaluation. Cheers, Andy
OK Andiroo - let me finish up your evaluation:

"H1/H2 & H4 DB/SAR are all three attached at the bottom."

This statement above came off of your trading plan. My question is: How did you figure the SAR on all three chats was on the bottom when both the H2 and H4 SAR were on top?

This statement is telling me you are not paying attention to what is really happening in the market and on the charts. You had confluence on the H1 and H2 when your pulled the trigger going the wrong way. The H1 and H2 had had the RED EMA arrow and also the MACD Zero crossing for the short. And nowhere on your trading plan are you recognizing this very fact.

You cannot beat the market - the market will beat you silly if you break the rules. Both the DB/SAR were on top with the Daily - it was just a matter of time before the market heads for the Daily Parabolic with the SAR. A very simple evaluation knowing it will happen. ROMAR was going through downtown central on the H2 and the market kept bouncing off ROMAR with the SAR holding resistance. It was just waiting for the right set up and it did on both the H1 and H2 for the short. What I am saying is you fail to recognize the Daily had reached its top as resistance with the Daily EMA as support; and the breakout was going south for the Parabolic.

You did get one thing right and that was the market going sideways. And the reason going sideways was waiting on the H2 for the right setup. And once the H2 MACD zero crossing happened it dropped like a bomb. Which means; the visual was there in seeing the setup.

Bottom line - never pull the trigger until you are absolutely sure the set up for your trade is correct.
The Dove - Forex Trainer
  • #10,880
  • Aug 8, 2017 2:26pm Aug 8, 2017 2:26pm
Quoting dove_alliance
{quote} OK Andiroo - let me finish up your evaluation: "H1/H2 & H4 DB/SAR are all three attached at the bottom." This statement above came off of your trading plan. My question is: How did you figure the SAR on all three chats was on the bottom when both the H2 and H4 SAR were on top? This statement is telling me you are not paying attention to what is really happening in the market and on the charts. You had confluence on the H1 and H2 when your pulled the trigger going the wrong way. The H1 and H2 had had the RED EMA arrow and also the MACD Zero...
Thanks Dana, appreciate your time on this.

My interpretation was the DB/SAR connections were combined at the bottom, with only SAR on top 'awaiting the DB' to then go higher - obviously my interpretation is somewhat wrong, so I will need to research this is greater depth.

I did recognise the RED EMA and MACD Zero arrows on my H2 plan, however I was incorrectly biased with a view that we were a higher DB and that clouded everything for me.

Being biased clouded my focus to the wrong area - lessons learned I hope.


Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
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