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The Paradox System

  • #11,381
  • Oct 11, 2017 10:54am Oct 11, 2017 10:54am
Quoting dove_alliance
{quote} The consolidation is on the Daily Chart which means is a 24 hour bar; and because the H2 EMA is in a slider for the uptrend, lacking the Smooth resistance, is telling you going short on the Daily bar (after the fact) of the retrace is risky. This means you have to wait on the next Daily bar, or the H2 gets below Smooth, for any entry going short at this time. As it stands in the moment - the Daily Parabolic is Resistance and the H2 ROMAR is Support. Once the Daily takes control of either resistance or support you then have a major risk trading...
Yes, thank you, it makes a lot of sense, just need to work with myself regarding patience and learning to see the whole picture.
peace
linadze
  • #11,382
  • Oct 11, 2017 11:41am Oct 11, 2017 11:41am
Quoting pedro7676
Date: 11.10.17 2.30 CEST Daily: ROMAR - Support EMA – Resistance PSAR - Resistance Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Up Last DB Attachment - DB attached on top Fibo up or down - Fibo is up from the bottom Notes: Purple crossed White, SAR attached on bottom . 4 HR: ROMAR – Suport/Resistance EMA – Support PSAR - Support Notes: The 4 horsemen are in an uptrend, Romar at EMA. 2 HR: ROMAR - Support EMA – Support PSAR - Support Check List: Last MACD 0 crossing - Up Last EMA Alert Arrow - Up Last DB Attachment - DB attached...
Evaluation : TP was hit. For me, this week is difficult find out if the market is still ranging or if it is turned into the trend. I know that in range I have to trade with romar trend to never get caught in losing trade. The end of range is when price moves outside defined supp. or resist. - breakout. But when I entered long, it looked like the market was back in uptrend – romar was support and 4 horsmen in uptrend on both H1 and H2. On H4 Romar crossed EMA for uptrend. On Daily - Romar uptrend, PSAR downtrend but Purple crossed White for up so PSAR should be eliminated. On H2 DB created HH and there was slider Smooth/Purple for up. So I thought we are back in uptrend. After couple of hours when market turned down and hit Romar I saw that it was still ranging from Romar to PSAR, as Dana said. From that moment I realized that I was in wrong trade, and I should had entered short off DB – from top to bottom. Then market turned up again, made breakout to the north and hit my TP.
It happened to me few times this week that I thought market turned back in to the trend but it was still ranging. So, I have to read the market better and focus on the big picture.
Hard work beats talent when talent fails to work hard. - KD
  • #11,383
  • Oct 11, 2017 12:07pm Oct 11, 2017 12:07pm
Most problems I am seeing with entries is not recognizing the Daily chart support and resistance. I see you had placed these support and resistance on your trading plans but you are not recognizing them on your final notes; and planning your entry with the Daily. Right now the Daily is off balance with the lower charts. You have ROMAR up and the 4 Horsemen down with EMA. I also notice you guys are not using the DB and SAR for your entries. In trend they both ride the trend but in consolidation they both become a heavy weapon for entries.

SCENARIO 1:
What I am seeing is trading the 4 Horsemen in consolidation, and that is a mistake. In consolidation the 4 Horsemen swings and does not trend, and that is when the SAR comes into play for all of your entries while in consolidation. There will be times you might get in early with the SAR but once it is locked in then your 40 TP will be hit. If you trade from center with the H2 SAR in confluence 20-30 pips of your entry then count on a loser. You must be on top of the SAR before the market moves 10+ pips before pulling the trigger while in consolidation.

SCENARIO 2:
But here is what everyone is missing and that is the DB. You never, ever trade opposite of the DB with the SAR. If the DB is on the bottom and SAR is on top then you wait on the SAR to reattached on the bottom for entry and true vice-versa. If both the the DB/SAR are attached together on top then you wait for a red bar before entry; and vice-versa with a green bar going long. THIS SCENARIO IS TRUE FOR BOTH CONSOLIDATIONS AND TRENDS.
The Dove - Forex Trainer
  • #11,384
  • Oct 11, 2017 12:14pm Oct 11, 2017 12:14pm
Quoting pedro7676
{quote} Evaluation : TP was hit. For me, this week is difficult find out if the market is still ranging or if it is turned into the trend. I know that in range I have to trade with romar trend to never get caught in losing trade. The end of range is when price moves outside defined supp. or resist. - breakout. But when I entered long, it looked like the market was back in uptrend – romar was support and 4 horsmen in uptrend on both H1 and H2. On H4 Romar crossed EMA for uptrend. On Daily - Romar uptrend, PSAR downtrend but Purple crossed White for...
80% of the market is consolidation. 10% is economic news and 10% is trend. You are in trend when the H2 and Daily are in sync for the trend with ROMAR, EMA, and the 4 Horsemen. If any of the 3 are not in sync with H2 and the Daily then you are in consolidation. Now you know when you are in trend.
The Dove - Forex Trainer
  • #11,385
  • Oct 11, 2017 1:25pm Oct 11, 2017 1:25pm
trade evaluation: just came home to find - 40. took we were still in consolidation and expected DB with a short off purple . never mind something im missing another for the book, still lots to learn.
Attached Image (click to enlarge)
Click to Enlarge Name: short off purple against Romar.PNG Size: 75 KB
Stop killing our Oceans, Stop using single use plastics.
  • #11,386
  • Oct 11, 2017 2:40pm Oct 11, 2017 2:40pm
Quoting jakdan
trade evaluation: just came home to find - 40. took we were still in consolidation and expected DB with a short off purple . never mind something im missing another for the book, still lots to learn. {image}
Well Jakdan - The Daily chart had total control of todays movement. If the Daily scenario was on the H2 or H4 then we would had a different story. But when you're trading a 24 hour bar too much is at risk. The problem was with the H2 Smooth did not hold resistance and the entry was at risk with the Daily bar.
The Dove - Forex Trainer
  • #11,387
  • Edited 5:45pm Oct 11, 2017 4:38pm | Edited 5:45pm
Quoting dove_alliance
{quote} Oli - You got your TP but let me show you the reason for not taking this entry: Your entry was with White crossing Purple in which eliminates the power of the H2 Parabolic. This means the Parabolic was at risk of flipping with the opening below Smooth and EMA. Because of this scenario is with the Daily chart it made another attempt at the Daily Parabolic resistance. If the H2 Smooth held as resistance then you would had still been in this trade. The risk of going long off ROMAR with the possibility of the H2 Parabolic flip was more then...
Thank you Dove for showing the risk involved. I had just completed my evaluation before seeing your post and am now in a quandary. Shall post it anyway and reference it with post 11385 with the learning just received & understood? ? ?

Evaluation: Trend Up continued as stated on the Paradox. H4 was in strong 4 Horses direction up so with the H2 showing a cross of Purple and White at the top of the Zero Fibo on entry but with 40+ to the top of the Fibo at entry only minorly concerned & seen as minimal risk involved. TP40 reached within 4 hours. An effective trade conducted within the rules.
Evaluation continued: Dove states in post 11385 that when trading the 4 Horsemen observed on the H4 during Consolidation such as in the way i did is a significant error. The recognition of the Purple crossing White on the H2 which I had noticed & had caused some hesitation prior to pulling the trigger needs to be taken with more weight of its' significance when drawing up & executing my plan, especially with the top of the Red Fibo with the DB/SAR is also reason for being prepared to wait and just be patient for an entry with much less risk. My trade was not within the rules and is actually quite easily recognisable as such with the Purple Crossing White and the DB/SAR up top & the Daily chart as Dove has explained. Another demonstration of more ass than class ... yet ... my understanding in learning has increased much more today. Protect thy wad. Reduce thy Risk. Honour what I am being taught.

Thank you Dove - I'll show more patience.
If you make up your own rules then the story is sad.....
  • #11,388
  • Oct 12, 2017 1:03am Oct 12, 2017 1:03am

Trading Plan : 12/10/2017 CET 08:00


Daily : Consolidation
ROMAR : Support
EMA : Support
PSAR : Support (not locked in)

Notes : ROMAR outside Trading area. Green EMA alert. SAR attached on top. Purple at EMA. PSAR flipping. Market 70-80 pips out of balance

H4 : Uptrend.
ROMAR : Support
EMA : Support
PSAR : Support
Notes : 4 horsemen up. FIBO flip RED. DB/SAR on top.

H2 : Uptrend
ROMAR : Support
EMA : Support
PSAR : Support
Notes : Purple / White crossing. Opening below smooth. Fibo RED. Both Divergence attached with DB and SAR coming from a different point. MACD up but declining.

H1 : Uptrend
ROMAR : Support
EMA : Support
PSAR : Support
Notes : Purple crossed white and smooth down. Red FIBO.

Final Notes : Daily still in consolidation since the PSAR flip is not locked in. I thought the daily would turn down yesterday with the SAR at PSAR but it didn’t so I could not find a trade. Today With the SAR still on Top and the Market out of balance I am looking to short the retracement to Daily purple in confluence with H2 CHART.

Entry : Short with H2 purple/white crossing and opening below smooth.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2.png Size: 66 KB
  • #11,389
  • Oct 12, 2017 1:22am Oct 12, 2017 1:22am
Date: 12.10.17 6.00 CEST

Daily:
ROMAR – Suport
EMA – Support
PSAR - Support
Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Up
Last DB Attachment - DB attached on top
Fibo up or down - Fibo is up from the bottom
Notes: The 4 horsemen are in an uptrend, Imbalanced.

4 HR:
ROMAR – Suport
EMA – Support
PSAR - Support
Notes: The 4 horsemen are in an uptrend.

2 HR:
ROMAR - Support
EMA – Support
PSAR - Support
Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - Up
Last DB Attachment - DB attached on top
Fibo up or down - Fibo is up
Notes: Purple crossed white for down, candle closed below smooth.

1 HR:
ROMAR - Support
EMA – Support
PSAR - Support
Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Down
Notes: Smooth crossed Purple for down.

Final Notes for all charts: D1,H4,H2,H1 - Romar is Support, H4 -The 4 horsemen are in an uptrend. H2- DB attached on top, Purple crossed white for down, candle closed below smooth. H1-Smooth crossed Purple for down. D1- Uptrend, SAR attached on top, Imbalanced.

Entry:
went short off smooth - H2
Rules : H2 – DB on top, divergence, Purple crossed white for down. H1 - Smooth crossed Purple for down. Daily – SAR attached on top, Imbalanced.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 241 KB
Hard work beats talent when talent fails to work hard. - KD
  • #11,390
  • Oct 12, 2017 1:28am Oct 12, 2017 1:28am
Quoting pedro7676
Date: 12.10.17 6.00 CEST Daily: ROMAR – Suport EMA – Support PSAR - Support Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Up Last DB Attachment - DB attached on top Fibo up or down - Fibo is up from the bottom Notes: The 4 horsemen are in an uptrend, Imbalanced. 4 HR: ROMAR – Suport EMA – Support PSAR - Support Notes: The 4 horsemen are in an uptrend. 2 HR: ROMAR - Support EMA – Support PSAR - Support Check List: Last MACD ..
Hi Pedro, isn't the daily PSAR a resistance? at least in my chart it still did not flip.
linadze
  • #11,391
  • Oct 12, 2017 1:36am Oct 12, 2017 1:36am
Quoting linadze
{quote} Hi Pedro, isn't the daily PSAR a resistance? at least in my chart it still did not flip. linadze
I have had PSAR for up (flipped) from the time when Daily candle was opened.
Hard work beats talent when talent fails to work hard. - KD
  • #11,392
  • Oct 12, 2017 1:38am Oct 12, 2017 1:38am
Quoting linadze
{quote} Hi Pedro, isn't the daily PSAR a resistance? at least in my chart it still did not flip. linadze
Hi Linadze,

Mine is currently Support as well. Suggest you post your Daily chart and let's have a look see & see if we can see what's what.

Oli
If you make up your own rules then the story is sad.....
  • #11,393
  • Oct 12, 2017 1:40am Oct 12, 2017 1:40am
Quoting pedro7676
{quote} I have had PSAR for up (flipped) from the time when Daily candle was opened.
Daily
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 240 KB
Hard work beats talent when talent fails to work hard. - KD
  • #11,394
  • Oct 12, 2017 1:56am Oct 12, 2017 1:56am
Quoting pedro7676
{quote} Daily {image}
Ok guys, thanks, now all clear, must change fx server... could you send me in PM which one do you use? thx
linadze
  • #11,395
  • Oct 12, 2017 2:00am Oct 12, 2017 2:00am
Quoting linadze
{quote} Ok guys, thanks, now all clear, must change fx server... could you send me in PM which one do you use? thx linadze
Forex.com
Hard work beats talent when talent fails to work hard. - KD
  • #11,396
  • Edited 3:01am Oct 12, 2017 2:35am | Edited 3:01am
Quoting linadze
{quote} Ok guys, thanks, now all clear, must change fx server... could you send me in PM which one do you use? thx linadze
Linadze, All is good.
Please remember everyone that all the small stuff matters.
Stuff up the small stuff and you don't get a proper attempt at the stuff that some of us make look hard when it's actually not. The setting up of the Paradox is simple stuff. The brokers we are to use are posted throughout the thread many many times, nothing else will be settled for. Do not try to use anything else.
The helping hand up is given as a welcome to you Linadze.
Let's move on.

Oli
If you make up your own rules then the story is sad.....
  • #11,397
  • Oct 12, 2017 3:06am Oct 12, 2017 3:06am
Quoting OliveBranch
{quote} Linadze, All is good. Please remember everyone that all the small stuff matters. Stuff up the small stuff and you don't get a proper attempt at the stuff that some of us make look hard when it's actually not. The setting up of the Paradox is simple stuff. The brokers we are to use are posted throughout the thread many many times, nothing else will be settled for. Do try to use anything else. The helping hand up is given as a welcome to you Linadze. Let's move on. Oli
Oli, Pedro thx.

BTW i am still in the first half of posts and using what was mentioned. let's move on
Peace

linadze
  • #11,398
  • Oct 12, 2017 3:13am Oct 12, 2017 3:13am
Quoting linadze
{quote} Oli, Pedro thx. BTW i am still in the first half of posts and using what was mentioned. let's move on Peace linadze
Not a problem Linadze.
May i suggest you read the entire thread and when you're done with that and do as instructed throughout the thread as you learn is if you're sitting in a class right there and then, ask your questions after the reading in full. We're all wising you well.
If you make up your own rules then the story is sad.....
  • #11,399
  • Oct 12, 2017 3:29am Oct 12, 2017 3:29am
Hi,

Looking at Pedro's chart I realise that my MA lines are wrong. My PC shut down during the night and I had to turn it back on which may have affected the data. I apologise for this.
  • #11,400
  • Oct 12, 2017 4:34am Oct 12, 2017 4:34am
Hello again my friends, long time off practising and studying, hope you are all keeping well;

Session London: EUR - JPY 121017
0930hrs GMT

Daily
ROMAR: Support (out of Trading Zone)
EMA: Support
Parabolic: Support
Notes: Four Horsemen up. Parabolic flipped for up on new daily, Purple crossing EMA for the up. SAR attached at 133.486, market hit 23.6 fibo

H4
ROMAR: Support
EMA: Support
Parabolic: Support
Notes: Market down rejected at Smooth

H2
ROMAR: Support
EMA: Support
Parabolic: Resistance Eliminated
Notes: Purple crossed White for the down, now at crossing of Smooth. MACD and EMA arrows DOWN however H2 Parabolic is retaining support for the uptrend, market down movement rejected on two consecutive candles at the H2 Parabolic. SAR is attached at 133.066 for the UP.

H1
After months of studying H1 has been causing me problems. I no longer refer to it for trades, just entries, and practising for last few months my understanding of the Paradox appears better without.

Final Notes: as identified we are in a breakout scenario, market down to H2 Parabolic, bounce to go back up into trend.

Rules – Now in Trending, all charts are aligned for the UP, with H2 SAR attachment below, look for entry off Support. Confluence for the UP is strong with Daily 23.6, H4 Smooth, H2 Parabolic supports.

Entry: Long on Market retracing from H2 Parabolic hit

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2 121017 0931hrs.png Size: 71 KB
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