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The Paradox System

  • #11,721
  • Oct 29, 2017 12:34pm Oct 29, 2017 12:34pm
Quoting TraderMarcos
ive been a member in ff since 2015 but my previous account has been denied membership. from the start of this thread I never asked anyone a question, specially those basic questions that its already here. Most newly comers are so lazy to read and study. And most of you want to be spoon feed. If you would only read and study the answers are already there, that just means some are really lazy and will not make it. There is no question that has never been answered in this thread, why do I Know that? Ive read and study this thread too many times from...
I am on page 187 still reading and had gone back couple of times to re-read, I have every intention to finish this thread but with understanding.
  • #11,722
  • Oct 29, 2017 8:42pm Oct 29, 2017 8:42pm
NEWS:
US core expenditures 0830

Sunday Trading Plan


Daily:

ROMAR - Support
EMA – resistance
Parabolic - resistance

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

Notes: SAR/DB attached at top at 134.483 with both divergences attaching. SAR attached to bottom at 131.74. Four horsemen in downtrend.

H4:

ROMAR – resistance
EMA - resistance
Parabolic – resistance

Checklist:
Last DB Attachment – Bottom at 131.74
Last SAR Attachment – Bottom at 131.74
Fibonacci – green

Notes: Notes: SAR/DB attached at bottom at 131.74 along with lightskyblue swing line. Four horsemen in downtrend


H2:
ROMAR - resistance
EMA - resistance
Parabolic – resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment – bottom at 131.74
Last SAR Attachment – bottom at 131.74
Fibonacci – green

Notes: Four horsemen in downtrend with white crossing purple. Market currently above smooth with EMA as resistance.

H1:

ROMAR - resistance
EMA - resistance
Parabolic – resistance

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

Notes: Purple in a slider with smooth and white. Purple heading towards EMA. Romer currently 100 pips away at resistance.

Final Notes:
Market in consolidation so can trade both ways. Daily in consolidation with romer as support and EMA as resistance. On daily, DB attached at top with recent SAR attaching at bottom. Next DB attachment will be at bottom heading towards 100.0 fibo, but not sure when that will occur. H2 had four horsemen in downtrend in prior candle, however white just crossed purple for the up. As we are in consolidation, for a reversal to occur purple will have to cross smooth and EMA for the up. Market is currently above purple in between smooth and EMA.

Entry:
I don’t see a trade currently. I would prefer a short in the direction of the H2 romer trend and parabolic. However white just crossed purple on H2 for the up. Even if there was a sudden spike to H2 PSAR resistance, it might be too risky to enter short given white crossing purple. There would have to be a spike to romer for me to consider entering the short currently. However if market continues sideways and opens lower than purple, white and smooth (after white crosses purple for the down), I will enter short on a retrace to EMA. For a long, purple will need to continue its uptrend crossing smooth and EMA, with the market opening above EMA flipping the parabolic. This will probably not happen soon. Will see which direction the breakout occurs prior to entering.
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  • #11,723
  • Oct 29, 2017 9:48pm Oct 29, 2017 9:48pm
Quoting zwellym
{quote} I am on page 187 still reading and had gone back couple of times to re-read, I have every intention to finish this thread but with understanding.
if you read the whole thread，than you will find out there is only one broker that right for the paradox，keep study
  • #11,724
  • Oct 29, 2017 10:13pm Oct 29, 2017 10:13pm
Quoting zwellym
{quote} Sir I thought pepperstone was right broker because It opens 17:00(23:00 South African time) on Sunday and this is the very sametime I reboot MT4 everyday.
This is Pepperstone's operating hours:

Market Open = 00:01 MT4 Server Time (Monday)
Market Close = 23:55 MT4 Server Time (Friday)

Pepperstone's operating time is based on GMT+2

The correct Broker for operating hours:

Eastern Daylight Saving Time ( EDT ) = GMT-4 (USA)
Eastern Standard Time ( EST ) = GMT-5 (USA)

Market Open = 21:00 MT4 Server Time (Sunday) Daylight Saving Time
Market Close = 21:00 MT4 Server Time (Friday) Daylight Saving Time

Bottom line - you are with the wrong broker.

I hope this helps you.
The Dove - Forex Trainer
  • #11,725
  • Edited Oct 30, 2017 5:05am Oct 29, 2017 10:34pm | Edited Oct 30, 2017 5:05am
Good morning sir g
eur/jpy news medium impact 12.3 p m 1.30 p m 30/10/2017
daily
romar - support
ema - resistance
psar - resistance
check list
macd arrow -down
ema arrow - red down before macd arrow
db /sar -dr/sar both are atteched top with divergence sar atteched at bottom 131.740 just above romar
fibo - red fibo
b/b - extended
note - daily consolidation 4 horsmene down swing last db atteched at top 134.483 nnext db at bottom market at this time just gap to romar may be wait for db above romar or may be below romar
4 hr
romar - resistance
ema - resistance
psar - resistance
check list
last macd arrow - down
ema arrow - down
db/sar - both are atteched at bottom 131.740
fibo - green up
b/b - extended
note - 4 hr complete down trend db/sar atteched at bottom with sky blue divergence
2 hr
romar - resistance
ema - resistance
psar - rsistance eleminated
check list
last macd arrow - at 0 but at this time signal for up
ema arrow - red down
db sar - db/sar at bottom 131.740 with both divergence
fibo - green fibo for up
b/b - medium extended above band below 100 fibo
note - 2 hr market consolidation romar ema down trend but white crossed to purple market open above smooth db/sar atteched at bottom next sar atteched at top candle macd arrow up before ema arrow which is conflict to romar
1 hr
romar - resistance
ema - resistance
psar - resistance eliminated
check list
last macd - up
ema arrow -red arrow down
fibo - green for up
b/b -consricted both band
note -1 hr consolidation market romar ema down trend 4 horsmene smooth support psar resistance

final note - consolidation market daily romar support ema resistance last db top sar at bottom few pip above market it touch and db may be atteched at romar or below romar which is waiting 4 hr complete downtrend market 2 hr after white purple smooth become consolidation fibo green db/sar both atteched at bottom next sat at may be below ema without smooth crossed purple i will go here short i wait to sar or candle retrace at ema or psar sar atteched at psar ema slide under purple so i go here short
Attached Image (click to enlarge)
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  • #11,726
  • Oct 29, 2017 10:53pm Oct 29, 2017 10:53pm
For you traders wondering why the Spread is so high before the 17:00 Daily is because forex.com does not close before the exchange but keeps running 24 hours per day from opening 17:00 ET Sunday until closing 17:00 ET Friday.
The Dove - Forex Trainer
  • #11,727
  • Oct 30, 2017 2:55am Oct 30, 2017 2:55am

Trading Plan 29/10/2017 CET 23:00 Before Market Open

No red news.
Daily :
ROMAR : Support
EMA : Support
PSAR : Support (eliminated)
Notes : Purple crossed smooth down. Market out of balance 30 pips above ROMAR support. SAR at the bottom. DB on top. EMA/MACD alert in correct order for the down.

H4 :
ROMAR : Resistance
EMA : Resistance
PSAR : Resistance
Notes. 4 horsemen down. EMA crossed ROMAR for the down. Green Fibo. DB/SAR at the bottom with standard divergence.

H2 :
ROMAR : Resistance
EMA : Resistance
PSAR : Resistance
Notes : 4 horsemen down. Green fibo. Both hidden and standard divergence at the bottom. MACD rising.

H1 :
ROMAR : Resistance
EMA : Resistance
PSAR : Resistance
Notes : 4 horsemen down. Purple at white. Market above white at smooth resistance.

Final Notes :
Daily at ROMAR support and out of balance. Downtrend getting weaker on H2 with both divergence, DB/SAR at the bottom, GREEN FIBO and MACD rising. Will wait for the right opportunity to go long with the 4 horsemen on H2 and go back up with the daily ROMAR uptrend. The H2 SAR detaching from DB will show me the entry long.

08:00 CET Adjustments :
- H1 PSAR flipped up. H1 Purple still under EMA.
- H2 Purple crossed white and smooth up. MACD crossing up. SAR attached at the TOP below EMA resistance. PSAR eliminated.
- H4 purple at white. Market above smooth resistance.
- At opening Daily purple crossed EMA down. PSAR flipped down. Market 90 pips out of balance.

Entry : Long with SAR hit at 132.125.
Attached Image (click to enlarge)
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  • #11,728
  • Oct 30, 2017 2:59am Oct 30, 2017 2:59am
Quoting shinny
Have a wonderful and Blessed weekend everyone. For me I am celebrating my 40th Birthday this weekend, age is creeping up! Shaun
Hi Shaun,

Belated Happy Birthday! All the best for you.

Regards
  • #11,729
  • Oct 30, 2017 7:11am Oct 30, 2017 7:11am
Quoting SixSigma
NEWS: US core expenditures 0830 Sunday Trading Plan Daily: ROMAR - Support EMA – resistance Parabolic - resistance Checklist: Last MACD 0 Crossing - down Last EMA Alert Arrow - down Fibonacci – red Notes: SAR/DB attached at top at 134.483 with both divergences attaching. SAR attached to bottom at 131.74. Four horsemen in downtrend. H4: ROMAR – resistance EMA - resistance Parabolic – resistance Checklist: Last DB Attachment – Bottom at 131.74 Last SAR Attachment – Bottom at 131.74 Fibonacci – green Notes: Notes: SAR/DB attached at bottom at 131.74...
Update: went long at 132.22 with purple successively crossing white, smooth, and ema, with opening above ema. macd up, green fibo. DB attaching to top of previous candle. psar flipped, four horsemen up. H1 with four horsemen up. more than 40 pups to romer on both H1 and H2.
Attached Image (click to enlarge)
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  • #11,730
  • Oct 30, 2017 8:36am Oct 30, 2017 8:36am
Here we go again - I will be busy today so I will give my evaluation for:

Baverma
Sorel
SixSigma

What I do not understand is why you 3 traders decided to trade long against resistance??????????

Baverma - You had the big stopper which was the H4 EMA Resistance.
Sorel - you had the H4 EMA resistance and the SAR.
SixSigma - you had the H4 EMA resistance along with the SAR and the DB.

And for some reason you 3 are totally bias for the long. You guys need to get rid of your garbage and learn how to trade.
The Dove - Forex Trainer
  • #11,731
  • Oct 30, 2017 8:43am Oct 30, 2017 8:43am
Quoting Sorel
Trading Plan 29/10/2017 CET 23:00 Before Market Open No red news. Daily : ROMAR : Support EMA : Support PSAR : Support (eliminated) Notes : Purple crossed smooth down. Market out of balance 30 pips above ROMAR support. SAR at the bottom. DB on top. EMA/MACD alert in correct order for the down. H4 : ROMAR : Resistance EMA : Resistance PSAR : Resistance Notes. 4 horsemen down. EMA crossed ROMAR for the down. Green Fibo. DB/SAR at the bottom with standard divergence. H2 : ROMAR : Resistance EMA : Resistance PSAR : Resistance Notes : 4 horsemen down....

Self Evaluation : SL - 40 pips. I thought I was respecting the rules with my entry but in hindsight I realise I didn't pay enough attention to H4 EMA resistance. I also put too much focus on the daily being out of balance and should have waited for the daily to reach ROMAR support with the DB before entering long in confluence with H2.
  • #11,732
  • Oct 30, 2017 9:05am Oct 30, 2017 9:05am
Quoting Bsverma
Good morning sir g eur/jpy news medium impact 12.3 p m 1.30 p m 30/10/2017 daily romar - support ema - resistance psar - resistance check list macd arrow -down ema arrow - red down before macd arrow db /sar -dr/sar both are atteched top with divergence sar atteched at bottom 131.740 just above romar fibo - red fibo b/b - extended note - daily consolidation 4 horsmene down swing last db atteched at top 134.483 nnext db at bottom market at this time just gap to romar may be wait for db above romar or may be below romar 4 hr romar - resistance ema...
sir namskar g
self evaluation sorry sir i not buy here i am short and i got my +40
i am here short because of sar at psar and ema not crossed purple and 3 romar resistance trade in trend
  • #11,733
  • Oct 30, 2017 9:28am Oct 30, 2017 9:28am
Quoting Bsverma
{quote} sir namskar g self evaluation sorry sir i not buy here i am short and i got my +40 i am here short because of sar at psar and ema not crossed purple and 3 romar resistance trade in trend
You are right Baverma and my apology. I was in a hurry and miss read something on your plan and entry. After going back to your trading plan I now see you did an excellent job with your plan and entry off resistance. And again - sorry for not taking my time in seeing your entry correctly.
The Dove - Forex Trainer
  • #11,734
  • Oct 30, 2017 9:42am Oct 30, 2017 9:42am
Date: 30.10.17 15.00 CET

Daily:
ROMAR – Support
EMA – Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment – DB attached on top
Fibo up or down - Fibo is up
Notes: Price hit Romar.

4 HR:
ROMAR – Resistance
EMA – Resistance
PSAR - Resistance
Notes: Purple crossed white for up.

2 HR:
ROMAR – Resistance
EMA – Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - Down
Last DB Attachment - DB attached on bottom
Fibo up or down - Fibo is down
Notes: Double bottom - divergence.

1 HR:
ROMAR - Resistance
EMA – Support
PSAR - Support
Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - Down
Notes: Price touched lower BB.

Final Notes for all charts: Consolidation.D1 - Romar is Support, PSAR resistance, price hit Romar. H4 - Purple crossed white for up. H2 - DB attached on bottom (double bottom) with divergence. H1-Price touched lower BB.

Entry:
went long off DB – H2

Rules : D1 - Romar is Support, price hit Romar. H2 - DB attached on bottom with divergence, next on top.

Attached Image (click to enlarge)
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Hard work beats talent when talent fails to work hard. - KD
  • #11,735
  • Oct 30, 2017 11:51am Oct 30, 2017 11:51am
Quoting dove_alliance
{quote} You are right Baverma and my apology. I was in a hurry and miss read something on your plan and entry. After going back to your trading plan I now see you did an excellent job with your plan and entry off resistance. And again - sorry for not taking my time in seeing your entry correctly.
good evening sir
please sir you don't say sorry if you say sorry that i am feel guilty because you my forex trading guru and your comment also enhance me for good trading you want to us a best trader after your comment i learn my mistake ema 4hr resistance not mention in my plan for that i am sorry
  • #11,736
  • Oct 30, 2017 7:50pm Oct 30, 2017 7:50pm
Quoting Bsverma
{quote} good evening sir please sir you don't say sorry if you say sorry that i am feel guilty because you my forex trading guru and your comment also enhance me for good trading you want to us a best trader after your comment i learn my mistake ema 4hr resistance not mention in my plan for that i am sorry
I appreciate what you are saying but understand - I am nothing but only the messenger. I am not perfect and if I make a mistake I will say so. I'm also not a guru only a trader as yourself. The only difference is I know more than you do; not saying I am better than you - but more experience than you. You have no need to feel guilty about anything because I am not the pedestal - but God IS. If you are learning in what I teach then you are being blessed by God and it is He that you thank - and not me.
The Dove - Forex Trainer
  • #11,737
  • Oct 30, 2017 8:41pm Oct 30, 2017 8:41pm
Quoting SixSigma
{quote} Update: went long at 132.22 with purple successively crossing white, smooth, and ema, with opening above ema. macd up, green fibo. DB attaching to top of previous candle. psar flipped, four horsemen up. H1 with four horsemen up. more than 40 pups to romer on both H1 and H2. {image}
Here we go again - I will be busy today so I will give my evaluation for:

Baverma
Sorel
SixSigma

What I do not understand is why you 3 traders decided to trade long against resistance??????????

Baverma - You had the big stopper which was the H4 EMA Resistance.
Sorel - you had the H4 EMA resistance and the SAR.
SixSigma - you had the H4 EMA resistance along with the SAR and the DB.

And for some reason you 3 are totally bias for the long. You guys need to get rid of your garbage and learn how to trade.


Self-eval:
-40 pips.
Once again I disregarded what the H4 and the daily were saying. Both were in a fairly clear downtrend, and even though I thought it would eventually go down ("question is when..") I guess I thought it wasn't more likely to happen soon. Not sure how I was predicting that. It's garbage. I need to start taking everything into account. All charts. Remove the bias. Start with the overall trend (even if in consolidation) then be patient and find a good entry.
  • #11,738
  • Oct 30, 2017 8:51pm Oct 30, 2017 8:51pm
Quoting dove_alliance
{quote} I appreciate what you are saying but understand - I am nothing but only the messenger. I am not perfect and if I make a mistake I will say so. I'm also not a guru only a trader as yourself. The only difference is I know more than you do; not saying I am better than you - but more experience than you. You have no need to feel guilty about anything because I am not the pedestal - but God IS. If you are learning in what I teach then you are being blessed by God and it is He that you thank - and not me.
good morning sir
thankyou very much sir you right sir but in my thought god is great but without your help i can't do anything in forex trading god also send a special man messenger which he want to help to other
  • #11,739
  • Edited Oct 31, 2017 10:24am Oct 30, 2017 9:12pm | Edited Oct 31, 2017 10:24am
NEWS:
BOJ interest rate 2300
BOJ press conference 0230
EUR GDP and CPI 0600

Monday Trading Plan


Daily:

ROMAR - Support
EMA – resistance
Parabolic - resistance

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

Notes: SAR/DB attached at bottom at 131.442 with lightskyblue swing line attaching (no gold divergence yet). Market between 61.8 and 100.0 fibo. Four horsemen in steep downtrend with market testing Romer support.

H4:

ROMAR – resistance
EMA - resistance
Parabolic – resistance

Checklist:
Last DB Attachment – Bottom at 131.442
Last SAR Attachment – Bottom at 131.442
Fibonacci – green

Notes: SAR/DB attached at bottom at 131.442 along with lightskyblue swing and gold divergence. Smooth and white in slider with purple. EMA at 23.6 fibo approximately 60 pips away as resistance.


H2:
ROMAR - resistance
EMA - resistance
Parabolic – resistance

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - down
Last DB Attachment – bottom at 131.442
Last SAR Attachment – bottom at 131.442
Fibonacci – green

Notes: Four horsemen in downtrend with white, smooth, and EMA in slider with purple. Market currently below purple resistance. Constricted trading zone. Ema resistance approximately 20 pips away, parabolic ~33. DB/SAR attached at bottom at 131.442 with lightskyblue swing.

H1:

ROMAR - resistance
EMA - resistance
Parabolic – resistance

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

Notes: Purple at white for cross downwards. EMA and parabolic at purple resistance.

Final Notes:
Daily in consolidated downtrend with DB/SAR attaching at bottom of previous candle. Market between 61.8 and 100.0 fibo hovering just above romer support. Four horsemen in downtrend. H4 with four horsemen in downtrend, romer resistance. H2 with four horsemen in downtrend- white/smooth/EMA in slider above purple. BB flat with EMA and parabolic 25-30 pips away as resistance. H1 with four horsemen in downtrend.

Entry:
Will look for a short off of H2 EMA or PSAR. There is high impact news in one hour- hopefully volatility will allow a retrace to EMA or PSAR resistance. If so, I will enter short.
Attached Image (click to enlarge)
Click to Enlarge Name: 10-30.JPG Size: 212 KB


Edit: entered short at 131.86 off hit from H2 psar.
Attached Image (click to enlarge)
Click to Enlarge Name: 10-31 entry.JPG Size: 237 KB


Self-assessment: went out +8 pips 5 minutes prior to 0600 EUR news. I was woken up by the hit on the PSAR and entered, then realized I only had about 15 minutes before red news.
I thought the quick spike to H2 PSAR would be a good entry given EMA/romer resistance in H2/H4, and that even though romer is close support on the daily, there might be room to 0.0 fibo. Looking back I'm lucky that I got out of this trade when I did. It was a different situation than the day prior when there was more room to daily romer support, and a lack of DB/SAR connection at the bottom on H2, H4, and daily.
  • #11,740
  • Oct 30, 2017 10:49pm Oct 30, 2017 10:49pm
Good morning sir g
eur/jpy 31/12/2017 red news 12.30 pm
daily
romar - support
ema - resistance
psar -resistance
check list
macd - down
ema arrow - red down
db/sar - both db/sar atteched at bottom 131.442 fibo geen
b/b -extended
fibo - green

note - daily consolidaion market 4 horsmen down swing db/sar attechedat bottom with green fibo market below romar here may be wait gold divergance may untill it go down gold divergence lower low
4 hr
romar - resistance
ema -resistance
psar - resistance
checklist
macd - down
ema arrow - down red
db/sar -both db/sar atteched at bottom 131.442 with both divergence
fibo - green
b/b - extended
note - 4 hr down trend market smooth slide over purple ema psar resistance db/sar bottom with both divergence
2 hr
romar - resistance
ema - resistance
psar - resistance
checklist
last macd - up
ema arrow - red down
db/sar -both are atteched at bottom 131.442 with sky blue divergence
b/b - both band constricted
fibo -green fibo up
note - 2 hr down trend market db /sar atteched at bottom whith sky blue divergence market up and down last candle touch to smooth not go up to smooth
1 hr
romar - resistance
ema - resistance
psar - reistance
check list
macd -up
ema arrow - red down
b/b - medium constricted
note - 1hr downtrend market fibo green market touch to psar but go up
final note
- consolidation market daily romar support psar ema resistance db/sar atteched at bottom sky blue divergence atteched at bottom may be waiting to gold divergence than go to lower low 4 hr market complete down trend with green fibo both divergence atteched at bottom smooth slide over purple 2 hr complete down trend market both divergence atteched at bottom with blue sky divergence i will go here short if market if retrace up to ema or psar because 4 hr 2 hr and daily 4 horsmene don so market down trend should be trade whith trend i will wait retrace candle
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