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The Paradox System

  • #11,621
  • Oct 25, 2017 7:15pm Oct 25, 2017 7:15pm
Quoting dove_alliance
This post is for all you traders that went long. To begin with I would had never taken the trade that everyone else did; and here are the reason: 1. At the time of everyone's entry White had crossed Purple. 2. At entry the market was below Smooth and Purple. 3. DB on top SAR on the bottom With these three factors you are in consolidation, and with DB on top and White crossing Purple, you have a greater scenario of going short. Everyone that pulled the trigger going long did so with a greater risk of losing your trade. The short never produced because...

Thank you Dove for this post
Your understanding of the market and the paradox is impressive to say the least!
  • #11,622
  • Oct 25, 2017 8:02pm Oct 25, 2017 8:02pm
Traders - when the EUR comes in you have some major problems in deciding how (or if) you will trade. Be sure to check your New Releases before you decide what you want to do.

Beginning at 03:00 AM through 08:30 AM you will encounter some major decisions. This is one of the reason I do not trade the London or the USD sessions. So far I have been very blessed with the Asia Session. I'm just warning those who do not check economic releases.
The Dove - Forex Trainer
  • #11,623
  • Oct 25, 2017 8:28pm Oct 25, 2017 8:28pm
If everyone take note we are pretty much going through the same scenario about this time yesterday.
The Dove - Forex Trainer
  • #11,624
  • Oct 25, 2017 9:04pm Oct 25, 2017 9:04pm
Rules for consolidation:
a: The 2 hour is your trading/trend chart.
b: Use the Daily Chart S/R as reference for consolidation.
c: You can trade either short or long in consolidation.

Entry;
short at 0200 bar.. purple x smooth 2h... purple x ema 1h
Attached Image (click to enlarge)
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  • #11,625
  • Oct 25, 2017 9:16pm Oct 25, 2017 9:16pm
Date: EURJPY 0900 Sydney Time
CHECK NEWS RELEASE BEFORE TRADING Yes
- if No...... STOP .....do not proceed with Plan
Daily: Open bar at Purple Support
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing Up
Last EMA Alert Arrow Up
Last DB Attachment Top 134.483
Fibo up or down Down
Notes: Full Up Trend. 4 Horses are all up. Double Divergence with Magenta box. 0 Fibo hit.
4 HR:
ROMAR: Support
EMA: Support
PSAR: Support
Notes:
2 HR: Up Trend with Purple touching White - has not crossed.
OPEN PRICE - 134.312
6hrs later open bar price-
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing Up
Last EMA Alert Arrow Up
Last DB Attachment Top 134.483
Fibo up or down Down
Notes: Consolidated with Purple crossing White. DB/SAR is up top. MACD is very small. Double Divergence with Magenta box.
1 HR:
ROMAR - Support
EMA - Support
PSAR - Resistance
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow Up
Last DB Attachment N/A on 1hr charts
Fibo up or down Down
Notes: Consolidated. EMA as Support slider. PSAR Resistance. EMA & PSAR are converging.
Market News. 2245Hrs EUR & 2330hrs EUR & USD
Have i double checked all of the above Yes or No. If No stop & go do it.
Yes -
Final Notes: The Daily as at the 0 Fibo and full up trend.
H4 has Purple touching White for the crossing.
H2 has Double Divergence and Purple touching White.
H1 is Consolidated with EMA & PSAR opposites.
Adjustments: EMA Alert at 1126hrs for a short on H2
H2 BB’s are looking more like a Ranging ROMAR Up Trend with the DB/SAR up top. This could just be me being analytical again - so am ignoring the thought now & continue with the plan as before.
Projected Entry: Short when H1 & H2 sync
Short when H2 open below Smooth with Purple cross White & Smooth
Rules for entry Consolidation = H1 & H2 must be in sync
White & Smooth must cross Purple before a trade can be taken against ROMAR trend.
When trading against ROMAR - pip count is ok - today is 55 which is also at the 61.8 Fibo.

Entry: Entered Short on open H2 bar White & Smooth has crossed Purple & open below EMA. MACD is down and EMA Arrow has arrived Red - am not sure if the latter is locked in yet until the next bar. H1 has Purple at the crossing of EMA & open below EMA = in sync with the H2.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-10-26 at 12.15.12 pm.png Size: 91 KB
If you make up your own rules then the story is sad.....
  • #11,626
  • Oct 25, 2017 9:16pm Oct 25, 2017 9:16pm
Hi Dove I still believe I have something wrong with my charts
I don't have a SAR past July 6 2017
And I scroll back as far as I can (april) and this screenshot 2
Should i try and re-install all indicators separately?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Screenshot2.png Size: 81 KB
  • #11,627
  • Oct 25, 2017 9:26pm Oct 25, 2017 9:26pm
Let me give you Traders what helps me to be a successful trader. The rule is 40/40 which means 40 plus your spread for a TP target. The target is either resistance for the long (high) or support for the short (low). I never look both ways but only the direction the Paradox is telling me. When I pull the trigger there has to be 50 pips to my target. This will eliminate the risk of coming short of my 40 TP. In other words - if I go short there is no support accept the low and if I go long there is no resistance accept the high. This means I have a clean shot of a 40 TP. In consolidation you eliminate the Parabolic as a stopper. Once the Parabolic flips you have a clean shot of 40 TP.

Example: In this scenario we are in now; you have the Parabolic holding support. If a bar opens below the Parabolic then you are below EMA and the Parabolic which places the LR in position to take out the Parabolic. For those who haven't study the LR is hidden and is used in flipping the Parabolic. If that does not happen then I wait on the flip and I am in the ride for 40. If neither happens then you are in an EMA slider for the up.

Before you pulled the trigger wait on the Parabolic or the slider. Never anticipate but wait on the "Moment". Patience is the greatest reward you can receive.
The Dove - Forex Trainer
  • #11,628
  • Oct 25, 2017 9:36pm Oct 25, 2017 9:36pm
Quoting The-Force
Hi Dove I still believe I have something wrong with my charts I don't have a SAR past July 6 2017 And I scroll back as far as I can (april) and this screenshot 2 Should i try and re-install all indicators separately? {image} {image}
OK - your system got corrupted. You have to redo the MT4 and clean it up by deleting everything with the MT4 and reinstalling. Be sure you save everything before deleting and you have your login and password saved with forex.com. Once you have a clean MT4 then reinstall the Paradox system. Apparently you have your old MT4 installed and the new version got corrupted by the old one. That is only a guess.
The Dove - Forex Trainer
  • #11,629
  • Oct 25, 2017 9:48pm Oct 25, 2017 9:48pm
Quoting dove_alliance
Let me give you Traders what helps me to be a successful trader. The rule is 40/40 which means 40 plus your spread for a TP target. The target is either resistance for the long (high) or support for the short (low). I never look both ways but only the direction the Paradox is telling me. When I pull the trigger there has to be 50 pips to my target. This will eliminate the risk of coming short of my 40 TP. In other words - if I go short there is no support accept the low and if I go long there is no resistance accept the high. This means I have a...
So everyone understands - the scenario I had just given you with the Parabolic is with the H2 chart only.
The Dove - Forex Trainer
  • #11,630
  • Oct 25, 2017 10:12pm Oct 25, 2017 10:12pm
Quoting dove_alliance
Let me give you Traders what helps me to be a successful trader. The rule is 40/40 which means 40 plus your spread for a TP target. The target is either resistance for the long (high) or support for the short (low). I never look both ways but only the direction the Paradox is telling me. When I pull the trigger there has to be 50 pips to my target. This will eliminate the risk of coming short of my 40 TP. In other words - if I go short there is no support accept the low and if I go long there is no resistance accept the high. This means I have a...
I saw that Dove. Considered the Parabolic. Balanced what i thought i knew & then made a choice.
I understand your instruction. Is clearer in my heart. Thank you.
If you make up your own rules then the story is sad.....
  • #11,631
  • Oct 25, 2017 10:27pm Oct 25, 2017 10:27pm
[quote=dove_alliance;10427694]Let me give you Traders what helps me to be a successful trader. The rule is 40/40 which means 40 plus your spread for a TP target. The target is either resistance for the long (high) or support for the short (low). I never look both ways but only the direction the Paradox is telling me. When I pull the trigger there has to be 50 pips to my target. This will eliminate the risk of coming short of my 40 TP. In other words - if I go short there is no support accept the low and if I go long there is no resistance accept the high. This means I have a clean shot of a 40 TP. In consolidation you eliminate the Parabolic as a stopper. Once the Parabolic flips you have a clean shot of 40 TP. Example: In this scenario we are in now; you have the Parabolic holding support. If a bar opens below the Parabolic then you are below EMA and the Parabolic which places the LR in position to take out the Parabolic. For those who haven't study the LR is hidden and is used in flipping the Parabolic. If that does not happen then I wait on the flip and I am in the ride for 40. If neither happens then you are in an EMA slider for the up. Before you pulled the trigger wait on the Parabolic or the slider. Never anticipate but wait on the "Moment". Patience is the greatest reward you can receive.[/quo

thanks sir
more understanding for how enamy we trouble if not seen in betwean how much enemy present there if way is clear than not any stop we our target point
  • #11,632
  • Oct 25, 2017 10:35pm Oct 25, 2017 10:35pm
Hey everyone. Last week I was not able to trade- will be able to post regularly again for at least the next month.

NEWS:
ECB interest rate decision 0745
ECB monitary policy statement 0830
Initial jobless claims 0830
FOMC kashkari 1030

Wednesday Trading Plan


Daily:

ROMAR - Support
EMA – support
Parabolic - support

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - up
Fibonacci – red

Notes: SAR/DB attached at top at 134.483 with both divergences attaching. At top of trading zone

H4:

ROMAR – support
EMA - support
Parabolic – support

Checklist:
Last DB Attachment – top at 134.483
Last SAR Attachment – Top at 134.483
Fibonacci – Red

Notes: Notes: SAR/DB attached at top at 134.483 with both divergences attaching. At top of trading zone


H2:
ROMAR - Support
EMA - support
Parabolic – support (eliminated by white crossing purple)

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - up
Last DB Attachment – top at 134.483
Last SAR Attachment – up at 134.483
Fibonacci – Red

Notes: Last EMA arrow is green, however: White cross purple with opening below smooth. MACD down. Top of trading zone. DB/SAR attached at top with both divergences. Red fibo.

H1:

ROMAR - support
EMA - support
Parabolic – resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Fibonacci – Red

Notes: DB/SAR attached at top at 134.483 with divergence. Most recent SAR detatched from DB, and attached at bottom at 133.992 possibly indicating direction of trend.

Notes:
Market in consolidation so can trade both ways d/t parabolic resistance on H1. All charts display DB/SAR attaching with divergences at the top, indicating next DB likely to next attach at bottom. H1 had SAR detach from DB and attach at bottom, indicating new direction of trend. On H2 trading chart, white cross purple with opening below smooth at 00:00 open candle. MACD down. Top of trading zone. Red fibo. 40 pips to romer/61.8 fibo at 133.61 from opening.

Entry:
Entered short at 134.23 at open candle at 00:00 with purple cross white, open under smooth. Will exit at 07:30 prior to high impact news if the TP or SL has not been hit.

Edit: Just saw Dove’s post about how we should wait until the opening below parabolic to place LR in position to flip the parabolic. We are in risk for EMA being in a slider for the up if we do not wait. I unfortunately triggered this trade before seeing this post- I will learn for next time.

Attached Image (click to enlarge)
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  • #11,633
  • Oct 25, 2017 11:34pm Oct 25, 2017 11:34pm
Quoting The-Force
Hi Dove I still believe I have something wrong with my charts I don't have a SAR past July 6 2017 And I scroll back as far as I can (april) and this screenshot 2 Should i try and re-install all indicators separately? {image} {image}
Force, this may be the reason?? i received this from an old broker.....

Dear Anthony,



Microsoft released a major update of their operating system Windows 10 Fall Creators Update on October 17 2017.



This update affects configurations and encryption keys similar to the installation of a new Windows operating system. In order to protect your user information, the MetaTrader platform binds all data to the operating system and hardware of the computer on which it is installed. This protection method ensures that even if the platform files are stolen, thieves will not be able to connect to the server using previously saved accounts.


Unfortunately, after the installation of Windows 10 Fall Creators Update, all passwords of trading accounts stored on your computer will become invalid. At LCG, we highly recommend that you prepare for the new Windows release and save your passwords in a safe place for easy access to the platform after the update.


Due to the change of encryption keys, one activation of applications purchased from the MetaTrader Market will be lost, because all products are bound to the operating system. We will automatically provide an additional activation for all products purchased from the Market regardless of the operating system, similar to providing additional activations after the previous release of Windows 10 Creators Update. So MetaTrader Market users will not lose product activations after the installation of Windows 10 Fall Creators Update.


The update will also affect the activation of demo products and these will need to be downloaded.
Stop killing our Oceans, Stop using single use plastics.
  • #11,634
  • Oct 26, 2017 8:53am Oct 26, 2017 8:53am
GOOD AFTERNOON SIR G
EUR/JAY OPEN CANDLE 3.30 P M IST RED NEWS AT 5.15 P M
ROMAR - SUPPORT
EMA - SUPPORT
PSAR - SUPPORT
CHECK LIST
LAST 0 MACD - UP
EMA ARROW - GREEN UP
DB /SAR - BOTH ARE ATTECHED TOP AT 134.483 WITH BOTH DIVERGANCE RED FIBO
FIBO - RED
B/B - BAND EXTENDED

NOTE - DAILY COMPLETE UPTREND MARKET WITH DB/SAR ATTECHED TOP WITH BOTH DIVERGANCE RED FIBO MARKET TOUCH TO RESISTANCE RED FIBO DB/SAR LAVEL BUT NOT GONE ABOVE 0 FIBO

4 HR
ROMAR - SUPPORT
EMA - SUPPORT
PSAR - SUPPORT
CHECK LIST
MACD - UP
EMA ARROW - GREEN UP
DB/SAR - BOTH ARE ATTECHED TOP AT 134.483 WITH BOTH DIVERGANCE WITH RED FIBO
FIBO - RED FIBO
B/B - BAND MEDIUM EXTENDED LOWER BAND ABOVE 100 RED FIBO
NOTE - 4 HR MARKET UPTREND BUT WHITE SLIDE OVER PURPLE WHICH NEXT CANDLE CROSSING MARKET MARKET TOUCH TO TOP 0 FIBO BUT NOT GONE TO 0 FIBO UP MARKET RETRUN AT BELOW SMOOTH
2 HR
ROMAR - SUPPORT
EMA - SUPPORT
PSAR - SUPPORT BUT ELEMINATED PSAR SLIDE AT EMA
CHECK LIST
LAST 0 MACD - DOWN
EMA ARROW - GREEN ARROW UP BUT RED ARROW ON OFF
DB /SAR - BOTH ARE ATTECHED TOP AT 134.483 BOTH DIVERGANCE WITH RED FIBO AND SAR ATTECHED AT LOW MARKET TOUCH TO 0 FIBO BUT NOT GONE AWAY FROM 0 FIBO AND - REATRUN BACK AT BELOW SMOOTH JUST ABOVE EMA WHICH IS SLIDE UNDER PURPLE WITH PSAR
FIBO - RED FIBO
B/B - BAND ARE FLATE LOWER BAND ABOVE 100 RED FIBO

NOTE - 2 HR CONSOLIDATION MARKET ROMAR UPTRED BUT SMOOTH RESISTANCE EMA PSAR SLIDE UNDER PURPLE LAST 4 HOUR BUT MARKET TOUCH TO RESISTANCE OF 0 FIBO NOT GONE AWAY FROM THE 0 FIBO WHICH HOLD RESISTANCE ALSO TOP DB SAR WITH DIVARGANCE
1 HR
ROMAR -SUPPORT BUT OUT OF AREA UNDER LOWER BAND
EMA - SUPPORT
PSAR - SUPPORT
CHECK LIST
LAST 0 MACD - DOWN
EMA ARROW - RED ARROW
FIBO - RED FIBO
B/B - FLATE BAND BOTH BAND COSTRICTED
NOTE - 1 HR MARKET CONSOLIDATION BECAUSE BOTH BAND ARE CONSTRICTED ROMAR OUT OF AREA MARKET TOUCH TO UPPER BAND AND REACHED AT BELOW EMA

FINAL NOTE -DAILY UP TREND MARKET RED FIBO AT 0 FIB WITH BOTH DB/SAR WITH BOTH DIVERGANCE MARKET TOUCH TO 0 FIBO NOT GONE AWAY 4 HR MARKET UP TREND BOTH DB/SAR ATTECHED AT TOP WITH BOTH DIVERGANCE AT 0 RED FIBO 2 MARKET CONSOLIDATION SMOOTH WHITE HAD CROSSED BECOME RESISTANCE EMA PSAR SLIDE UNDER PURPLE MARKET LONG TIME STAY WITH PSAR AND ABOVE EMA AND MARKET GO UP AT 0 FIBO RESISTANCE WHICH DB/SAR RESISTANCE WHICH HOD THE MARKET NOT GONE UP FROM O FIBO AND AGAIN GO DOWN AND OPEN CANDLE AT PSAR JUST ABOVE EMA 1 HR MARKET TOUCH TO UPPER BAND AND AGAIN DOWN SO I WILL GO HERE SHRT AT TIME 3.30 P M IST
Attached Image (click to enlarge)
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  • #11,635
  • Edited 9:58am Oct 26, 2017 9:01am | Edited 9:58am
Quoting bsverma
good afternoon sir g eur/jay open candle 3.30 p m ist red news at 5.15 p m romar - support ema - support psar - support check list last 0 macd - up ema arrow - green up db /sar - both are atteched top at 134.483 with both divergance red fibo fibo - red b/b - band extended note - daily complete uptrend market with db/sar atteched top with both divergance red fibo market touch to resistance red fibo db/sar lavel but not gone above 0 fibo 4 hr romar - support ema - support psar - support check list macd - up ema arrow - green up db/sar - both are atteched...
self evaluation - after dove sir instrected us for entery you should be after psar become resistance than no enamy there which stop your target than i wait candle for open below ema market gone up side but not gone to above to 0 fibo resistance and again open at just above ema at psar so i take here short and red news after 2 hour so i thought if i not reached at target than i remove it before 5 minute but target hit before news realese i got +40 profit may be i am right path here please sir comment me
  • #11,636
  • Oct 26, 2017 9:30am Oct 26, 2017 9:30am
Well Traders - I gave you the scenario last night and it played out exactly as I gave it. The 03:00 release took it up just under the high resistance of the Fibo for less then the TP. The 04:00 releases hit the High for a double top and drop it down below Purple with the Parabolic. Next release at 07:45 the Parabolic flip with more then 50 pips to support. As I have always said - it is all about support and resistance. If you stay focus from moment to moment you will see the right trade.

What I wanted to prove to you traders is how to use the release to your advantage. The Paradox will show you the way in using support and resistance with the releases. You just need to use patience and wait on the right bar for the entry. If you know it not you can set up alarms on your platform with the Highs and Lows of the H2 Fibo and the 23.6 - 61.8 of the Daily Fibo. The variables with the Paradox is limitless and all you need to do is take advantage of many as you can.

You traders that went short had the High to your advantage which had saved you and you got your TP.
The Dove - Forex Trainer
  • #11,637
  • Oct 26, 2017 9:35am Oct 26, 2017 9:35am
Quoting Bsverma
GOOD AFTERNOON SIR G EUR/JAY OPEN CANDLE 3.30 P M IST RED NEWS AT 5.15 P M ROMAR - SUPPORT EMA - SUPPORT PSAR - SUPPORT CHECK LIST LAST 0 MACD - UP EMA ARROW - GREEN UP DB /SAR - BOTH ARE ATTECHED TOP AT 134.483 WITH BOTH DIVERGANCE RED FIBO FIBO - RED B/B - BAND EXTENDED NOTE - DAILY COMPLETE UPTREND MARKET WITH DB/SAR ATTECHED TOP WITH BOTH DIVERGANCE RED FIBO MARKET TOUCH TO RESISTANCE RED FIBO DB/SAR LAVEL BUT NOT GONE ABOVE 0 FIBO 4 HR ROMAR - SUPPORT EMA - SUPPORT PSAR - SUPPORT CHECK LIST MACD - UP EMA ARROW - GREEN UP DB/SAR - BOTH ARE ATTECHED...
No comment - you posted your trading plan after the fact.
The Dove - Forex Trainer
  • #11,638
  • Oct 26, 2017 9:44am Oct 26, 2017 9:44am
The-Force - did you get your MT4 reinstalled?
The Dove - Forex Trainer
  • #11,639
  • Oct 26, 2017 9:45am Oct 26, 2017 9:45am
Quoting jakdan
{quote} Force, this may be the reason?? i received this from an old broker..... Dear Anthony, Microsoft released a major update of their operating system Windows 10 Fall Creators Update on October 17 2017. This update affects configurations and encryption keys similar to the installation of a new Windows operating system. In order to protect your user information, the MetaTrader platform binds all data to the operating system and hardware of the computer on which it is installed....

Hi Jakdan

Thank you for your insight. I see that this could make some problems but i haven't installed the new Windows 10 Fall Creators Update on my laptop so Im not sure if this is the case.. My charts have been like this for some time. As i can see it only affects the data past July soo ive been managing but i will do as Dove said re-install my mt4 and then go from there!

Cheers
Devon
  • #11,640
  • Oct 26, 2017 9:46am Oct 26, 2017 9:46am
Quoting dove_alliance
The-Force - did you get your MT4 reinstalled?
No not yet will do it shorty
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