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The Paradox System

  • #11,401
  • Oct 12, 2017 5:03am Oct 12, 2017 5:03am
Quoting Sorel
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.
Mine is wrong too, so do not look at them.
Hard work beats talent when talent fails to work hard. - KD
  • #11,402
  • Oct 12, 2017 8:09am Oct 12, 2017 8:09am
Quoting Andiroo
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...
Trade closed -2 pips 15 mins before major news - nice to get back in the saddle though!

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #11,403
  • Oct 12, 2017 8:54am Oct 12, 2017 8:54am
Quoting Andiroo
{quote} Trade closed -2 pips 15 mins before major news - nice to get back in the saddle though! Cheers, Andy
quite a bumpy saddle though mate.

welcome back
Stop killing our Oceans, Stop using single use plastics.
  • #11,404
  • Oct 12, 2017 8:56am Oct 12, 2017 8:56am
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 0 crossing - Up Last EMA Alert Arrow - Up Last DB Attachment - DB attached on top Fibo up or down - Fibo is...
Evaluation : TP was hit. I entered short because of DB/SAR were attached together on top with divergence (H2) and Daily was out of balance.
Hard work beats talent when talent fails to work hard. - KD
  • #11,405
  • Oct 12, 2017 8:58am Oct 12, 2017 8:58am
Quoting jakdan
{quote} quite a bumpy saddle though mate. welcome back
Cheers Ant,

Was looking ok initially as attached chart, thought I'd caught in the moment well - thankful for news allowing me to pull out though!

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2 121017 1116hrs.png Size: 72 KB
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #11,406
  • Oct 12, 2017 9:01am Oct 12, 2017 9:01am
Quoting Andiroo
{quote} Trade closed -2 pips 15 mins before major news - nice to get back in the saddle though! Cheers, Andy
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.

And you did exactly opposite of what I had posted.
The Dove - Forex Trainer
  • #11,407
  • Oct 12, 2017 9:03am Oct 12, 2017 9:03am
Quoting pedro7676
{quote} Evaluation : TP was hit. I entered short because of DB/SAR were attached together on top with divergence (H2) and Daily was out of balance.
I got a question Pedro - according too your entry chart you are showing less 40 TP with your entry. Why is that?
The Dove - Forex Trainer
  • #11,408
  • Oct 12, 2017 9:11am Oct 12, 2017 9:11am
Quoting dove_alliance
{quote} 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. And you did exactly opposite of what I had posted.
Apologies Dana, missed all this weeks posts whilst finishing up my studying on the archive notes - won't happen again sir.

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #11,409
  • Oct 12, 2017 9:13am Oct 12, 2017 9:13am
Pedro and Sorel are the only two traders that had made the correct entry. But Sorel is the only one that had seen the whole Picture - this is his final notes:

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
The Dove - Forex Trainer
  • #11,410
  • Oct 12, 2017 9:13am Oct 12, 2017 9:13am
Quoting dove_alliance
{quote} I got a question Pedro - according too your entry chart you are showing less 40 TP with your entry. Why is that?
I have looked back to my history and it shows that trade was close at 133,022 what is exactly 397 pips. If I add to this number my spread on forex demo acc. it is 397+ 23 = 420 pips. If you ask me I did it intentionally I mean 397 nor 400 pips, no I did not. I just entered the trade and dragged TP and SL at 400 pips marked line.
Hard work beats talent when talent fails to work hard. - KD
  • #11,411
  • Oct 12, 2017 9:20am Oct 12, 2017 9:20am
Quoting pedro7676
{quote} I have looked back to my history and it shows that trade was close at 133,022 what is exactly 397 pips. If I add to this number my spread on forex demo acc. it is 397+ 23 = 420 pips. If you ask me I did it intentionally I mean 397 nor 400 pips, no I did not. I just entered the trade and dragged TP and SL at 400 pips marked line.
I'm not asking if you did it intentional but what I am asking is why the spread is not included. Learning how to trade properly the spread is also included when you pull the trigger. This way you will always be on target when you do pull the trigger. Your goal is 40 pips daily and nothing less.
The Dove - Forex Trainer
  • #11,412
  • Oct 12, 2017 9:38am Oct 12, 2017 9:38am
Quoting Andiroo
{quote} Apologies Dana, missed all this weeks posts whilst finishing up my studying on the archive notes - won't happen again sir. Cheers, Andy
A lot of traders exploit this bad habit of not reading everything from where they left off. And this is an example of why you should read everything before trading.
The Dove - Forex Trainer
  • #11,413
  • Oct 12, 2017 10:51am Oct 12, 2017 10:51am
Lets get everyone mind working. I have 3 charts below - the H2, the H4, and the Daily with DB and the SAR showing attachments. If you was creating a trading plan how would you create the plan for an entry with this scenario using the DB and the SAR on all 3 charts?

H2:
Attached Image (click to enlarge)
Click to Enlarge Name: H2 DB-SAR.png Size: 78 KB


H4:
Attached Image (click to enlarge)
Click to Enlarge Name: H4 DB-SAR.png Size: 65 KB


Daily:
Attached Image (click to enlarge)
Click to Enlarge Name: Daily DB-SAR.png Size: 70 KB
The Dove - Forex Trainer
  • #11,414
  • Oct 12, 2017 11:38am Oct 12, 2017 11:38am
Hello dove
I would like to give it a go!

The power is with DB as we are in Consolidation

H2 DB with SAR on top meaning (DB/Sar) will connect lower.. As it has now

H4 DB with SAR on top meaning (DB/SAR) will connect lower... As of now only sar is showing.. need to wait for DB

Daily DB with SAR on top meaning (DB/SAR) will connect lower... SAR connected lower and now showing a connecting higher on the yesterdays bar... next will be DB with SAR lower

As for entry would enter long from support with confluence.. Still learning

Cheers
Devon
  • #11,415
  • Oct 12, 2017 11:54am Oct 12, 2017 11:54am
Quoting dove_alliance
Lets get everyone mind working. I have 3 charts below - the H2, the H4, and the Daily with DB and the SAR showing attachments. If you was creating a trading plan how would you create the plan for an entry with this scenario using the DB and the SAR on all 3 charts? H2: {image} H4: {image} Daily: {image}
I would trade this scenario like this :
H2 – PSAR flipped down, arrows in right order, Romar trend up –I would wait for DB attachment on bottom (probably at ROMAR) and then enter long back to the uptrend
H4- wait for SAR attached at bottom (around 132.750-850) - Romar level on H2
D1 – entry would be off Purple (after it was out of balance) or after SAR attachment on bottom
Hard work beats talent when talent fails to work hard. - KD
  • #11,416
  • Oct 12, 2017 12:08pm Oct 12, 2017 12:08pm
How I see this, with Daily DB on top, and SAR on top as well but separate from the DB, this tells me that the next DB/SAR attachment is on the bottom, so I should be looking to go short.
Using this daily for reference, I see H4 SAR on bottom, so I would wait for H4 SAR to be attached on top, and, enter short using the H2 chart once DB attached on top, and a red candle closes after. My entry would be on the candle following the red closing candle.
  • #11,417
  • Oct 12, 2017 12:28pm Oct 12, 2017 12:28pm
You guys pretty much got the rules correct for EACH chart DB/SAR. Now - the question is placing each scenario together for the correct entry. You guys are guessing so put some study into this scenario and search for the right entry by studying each chart.
The Dove - Forex Trainer
  • #11,418
  • Oct 12, 2017 12:36pm Oct 12, 2017 12:36pm
Final Notes for all charts: Consolidation. H2 DB/SAR attached at the bottom so next attachment on top. H4 DB attach on top, H4 SAR at bottom, so the next H4 SAR should be on top and reattach with the DB at the bottom. Daily DB and SAR attched on top so the next DB/SAR is at the bottom. So H2 DB/SAR attachment must be on top for H4 SAR atttach on top, a long entry is refer.
Entry:
Long: Divergence attach with DB/SAR and a hit at ROMAR support is entry going long or open candle below H2 ROMAR support.
Short: Open candle after red candle with DB/SAR on top of H2.
Trust. Commitment. Love
  • #11,419
  • Oct 12, 2017 12:39pm Oct 12, 2017 12:39pm
This exercise will bring you into a mystery of how the DB/SAR work together for all entries. Once you have gained an understanding of the DB and the SAR you would then achieved seeing into the future of exactly what will happen. With these 3 charts I had posted is showing you the future.
The Dove - Forex Trainer
  • #11,420
  • Oct 12, 2017 12:42pm Oct 12, 2017 12:42pm
Quoting Lhd
Final Notes for all charts: Consolidation. H2 DB/SAR attached at the bottom so next attachment on top. H4 DB attach on top, H4 SAR at bottom, so the next H4 SAR should be on top and reattach with the DB at the bottom. Daily DB and SAR attched on top so the next DB/SAR is at the bottom. So H2 DB/SAR attachment must be on top for H4 SAR atttach on top, a long entry is refer. Entry: Long: Divergence attach with DB/SAR and a hit at ROMAR support is entry going long or open candle below H2 ROMAR support. Short: Open candle after red candle with DB/SAR...
There is only one correct entry on all trades.
The Dove - Forex Trainer
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