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The Paradox System

  • #11,881
  • Nov 8, 2017 5:54am Nov 8, 2017 5:54am
Quoting shinny
Hello Traders Here is my +40 for today. {image} A very straightforward trade back into the Daily PSAR trend. There isn't much to really say about it other than its a bread and butter Consolidation trade back into the greater Daily direction. Hope that helps. Shaun
One question Shaun. Was the SAR attached to your entry bar at the time of your entry? (then move sideways). Meaning did SAR contribute to in the moment confluence. Tks much.
  • #11,882
  • Nov 8, 2017 6:46am Nov 8, 2017 6:46am
Quoting pedro7676
Date: 8.11.17 7.30 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 bottom Fibo up or down - Fibo is down Notes: DB attached on bottom. 4 HR: ROMAR – Resistance EMA – Resistance PSAR - Resistance Notes : SAR reattached DB on bottom. 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:...
Evaluation : SL was hit. I traded against Romar H2, H4 trend.
Hard work beats talent when talent fails to work hard. - KD
  • #11,883
  • Nov 8, 2017 8:01am Nov 8, 2017 8:01am
Quoting pedro7676
{quote} Evaluation : SL was hit. I traded against Romar H2, H4 trend.
Pedro - You are not seeing the big picture nor are you applying the rules. On your entry you had (and still have) the EMA/Parabolic in the downtrend with ROMAR. In other words both the H2 and H4 are totally in the downtrend. If you had waited on the hit of the H2 Parabolic and the H4 EMA with patience you would had been in the right trade. There is nothing on your trading plan showing the trend and the projected entry for the short. If you are not seeing it or applying the rules you will continue having problems.
The Dove - Forex Trainer
  • #11,884
  • Nov 8, 2017 8:33am Nov 8, 2017 8:33am
Quoting dove_alliance
{quote} Pedro - You are not seeing the big picture nor are you applying the rules. On your entry you had (and still have) the EMA/Parabolic in the downtrend with ROMAR. In other words both the H2 and H4 are totally in the downtrend. If you had waited on the hit of the H2 Parabolic and the H4 EMA with patience you would had been in the right trade. There is nothing on your trading plan showing the trend and the projected entry for the short. If you are not seeing it or applying the rules you will continue having problems.
Here is your Trading Plan Pedro:

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

4 HR:
ROMAR – Resistance
EMA – Resistance
PSAR - Resistance
Notes : SAR reattached DB on bottom.

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: SAR reattached DB on bottom, Purple crossed smooth for up.

You are showing on all three charts EMA and the Parabolic in the downtrend - with ROMAR on the H2 and H4 also for the downtrend. And because Smooth crosses Purple on the H2 was your reason for going LONG with EMA in a slider and the Parabolic holding the short. So Pedro - what is that telling you?
The Dove - Forex Trainer
  • #11,885
  • Nov 8, 2017 9:03am Nov 8, 2017 9:03am
Quoting dove_alliance
{quote} Pedro - You are not seeing the big picture nor are you applying the rules. On your entry you had (and still have) the EMA/Parabolic in the downtrend with ROMAR. In other words both the H2 and H4 are totally in the downtrend. If you had waited on the hit of the H2 Parabolic and the H4 EMA with patience you would had been in the right trade. There is nothing on your trading plan showing the trend and the projected entry for the short. If you are not seeing it or applying the rules you will continue having problems.
Dana, i doubt if i am the only one that didnt take this trade because of the big Bogey man not quite 40 pips away on the daily.
it was quite plain to see H2 horsemen in slider and the SAR/PSAR attachment for the down MACD getting weaker. H4 horsemen still in correct order for down. However we had both divergence on H2 a mere 25 pips away (that i can understand going lower and probably would have took the trade, if it wasnt for Daily romar approx. 37 pips away)
Is there any way that we can tell if Daily Romar will be surpassed just by looking at the Horsemen on the H2 H4 and sometimes the H1 and am i missing something?

Or do we just pull the trigger and stop complaining...... I could kick myself........

Was the SAR on the Daily a factor in the big picture that it would make DB???? Very curious student....
Stop killing our Oceans, Stop using single use plastics.
  • #11,886
  • Nov 8, 2017 9:48am Nov 8, 2017 9:48am
Quoting jakdan
{quote} Dana, i doubt if i am the only one that didnt take this trade because of the big Bogey man not quite 40 pips away on the daily. it was quite plain to see H2 horsemen in slider and the SAR/PSAR attachment for the down MACD getting weaker. H4 horsemen still in correct order for down. However we had both divergence on H2 a mere 25 pips away (that i can understand going lower and probably would have took the trade, if it wasnt for Daily romar approx. 37 pips away) Is there any way that we can tell if Daily Romar will be surpassed just by looking...
You have the power of the H1, H2, and the H4 ROMAR's in the downtrend with the Daily ROMAR as support. But you also have the Daily EMA/Parabolic having the power for the downtrend with the green zero Fibo just below ROMAR also as support. The H2 is your trading chart and ALL entries with this scenario is off resistance which means the H2 Parabolic and the H4 EMA.

The issue is on the Daily getting pass ROMAR with Purple setting up a position for the ROMAR crossing. And this is the reason for the heavy consolidation of trend moving from low to high and high to low. If the market can stay below Purple then eventually it will move for the Daily ROMAR changing trends. Being on the Daily will take time with more consolidations. But as always - anything can happen. We just have to stay focus on the moment for any and all changes. I believe by the end of the week I will know exactly what will happen with all crossings of Purple. So far the EMA slider is speaking volume.

I hope this helps you.
The Dove - Forex Trainer
  • #11,887
  • Nov 8, 2017 10:10am Nov 8, 2017 10:10am
EUR/JPY 08 November 2017 17:08 Madrid time

NEWS,NEWS,NEWS!!!! 16:30 Madrid time,after may proceed trading

DAILY CHART:
ROMAR:Support
EMA:Resistance
Parabolic:Resistance
Fib:Green UP
Macd:Below Zero
EMA ArrowOWN
Macd ArrowDOWN
SAR:On bottom pushing UP
connected with DB
DB:On bottom pushing UP now bottom, next top
Bollinger:Hit Last hit was down
Divergence:Light Blue with Gold

Daily consolidation DOWNTREND, EMA slider (above WHITE PURPLE AND SMOOTH)
NOTES:
Market just reached lower low, balancing around ROMAR support. ROMAR SUPPORT was breached few times to push 0 fibo down. Earlier retraced from SAR/PSAR hit in confluence with 23.6.

4 HOUR CHART:
ROMAR:Resistance
EMA:Resistance
Parabolic:Resistance
Fib:green UP, just flipped
Macd:
EMA Arrow:
Macd Arrow
SAR:On bottom pushing UP
DB:On bottom pushing UP
Bollinger:Not Hit
Divergence: Light blue

NOTES:
STRONGEST resistances SMOOTH and EMA
STRONG DOWNTREND

2 HOUR CHART:
ROMAR:Resistance
EMA:Resistance
Parabolic:Resistance
Fib:Green UP
Macd:Below Zero
EMA ArrowOWN
Macd ArrowDOWN
SAR:On bottom pushing UP
DB:On bottom pushing UP
Bollinger:Hit
Divergence:Light Blue with Gold
GOLD attached 3rd time

NOTES:
After last SAR/PSAR hit market pushed 0 fibo,breached lower BB, now retracing up and trying to push Purple, 4 horsemen holding strong resistance

1 HOUR CHART:
ROMAR:Resistance
EMA:Resistance
Parabolic:Resistance
Fib:Green UP
Macd:Below Zero
EMA ArrowOWN
Macd ArrowDOWN
SAR:
DB:
Bollinger:Hit
Divergence:
NOTES: after last fibo pushdown is retracing up

Final Notes/Action
Downtrend on all charts, the risk of turning up exists due to ROMAR daily, 3 GOLD divergences attached on 2hour, but as DAILY candle is for 24 hours and ROMAR was already breached will go short on H2 SAR/PSAR hit . There are 50+pips till 0 fibo support from PSAR resistance

Overall conclusion
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  • #11,888
  • Nov 8, 2017 10:24am Nov 8, 2017 10:24am
The biggest problem we have right now is with the Economic Release. There was a time you was lucky getting one release a day. Now - you get multiple release daily. They keep adding new releases week after week where both London and USD is so flooded with releases it is hard to trade during those sessions. I have noticed lately they are changing low impact releases to high impact release. It is a big game they are playing and far as I can see it is working.
The Dove - Forex Trainer
  • #11,889
  • Nov 8, 2017 10:35am Nov 8, 2017 10:35am
Quoting dove_alliance
{quote} Here is your Trading Plan Pedro: ROMAR – Support EMA – Resistance PSAR - Resistance Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Down Last DB Attachment – DB attached on bottom Fibo up or down - Fibo is down Notes: DB attached on bottom. 4 HR: ROMAR – Resistance EMA – Resistance PSAR - Resistance Notes : SAR reattached DB on bottom. 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...
Dove - yes, I see that on H4, H2 was Romar downtrend but at the time I entered long : I was looking at Daily - DB was on bottom and Romar was uptrend and market stayed above Romar. So I was thinking - Daily Romar uptrend, Purple slide above Romar for up, next - Purple crossed smooth for up. H2 - Purple crossed smooth for up too, same as Daily and canlde was closed above smooth. We were in consolidation and on H2 - DB was attached on bottom same as H4 and Daily - that is why I went long. If we were in Romar downtrend - on Daily too, I would go short. But because situation on Daily I decided to go long thinking that market turns back to the uptrend on H2, H4. My SL was under Daily Romar so I felt it is safer to go long.
Hard work beats talent when talent fails to work hard. - KD
  • #11,890
  • Nov 8, 2017 12:49pm Nov 8, 2017 12:49pm
Quoting pedro7676
{quote} Dove - yes, I see that on H4, H2 was Romar downtrend but at the time I entered long : I was looking at Daily - DB was on bottom and Romar was uptrend and market stayed above Romar. So I was thinking - Daily Romar uptrend, Purple slide above Romar for up, next - Purple crossed smooth for up. H2 - Purple crossed smooth for up too, same as Daily and canlde was closed above smooth. We were in consolidation and on H2 - DB was attached on bottom same as H4 and Daily - that is why I went long. If we were in Romar downtrend - on Daily too, I would...
That is analyzing Pedro - You also had the 23.6 on the Daily as resistance. You cannot apply rules on one scenario with another. You have to learn in applying rules with the trend and rules with consolidation. You use the H4 and Daily as reference for support and resistance with the H2 trading chart. And when you pulled the trigger going long the H2 was showing you a downtrend with resistance. So - why analyze when the Paradox had done it for you. The rule is: When the DB is in trend with the Parabolic it will move bar to bar with the trend; and the SAR will break loose for the Parabolic for an entry back into the trend. The rule also states until the Parabolic flips the trend will not change. With that - there is nothing to analyze.
The Dove - Forex Trainer
  • #11,891
  • Nov 8, 2017 2:07pm Nov 8, 2017 2:07pm
Trading Plan 08/11/2017 18:00 CET

Daily :
ROMAR : Support
EMA : Resistance
PSAR : Resistance
Notes : 4 Horsemen in a EMA slider down. Purple at smooth/white. DB/SAR reattached at the bottom below ROMAR support with both divergence. Green FIBO. MACD down

H4 :
ROMAR : Resistance
EMA : Resistance
PSAR : Resistance
Notes : 4 horsemen in downtrend. Green FIBO. DB/SAR reattached at the bottom.

H2 :
ROMAR : Resistance
EMA : Resistance
PSAR : Resistance
Notes : 4 horsemen in downtrend. DB/SAR reattached at the bottom with both divergence. Hit on lower BB. Green FIBO. Macd Down but weak.

H1 :
ROMAR : Resistance
EMA : Resistance
PSAR : Resistance
Notes : purple crossed white up. Current bar opened above smooth.

Final Notes :
DB/SAR reattached at the bottom on all 3 charts. Green fibo on all 3 charts. Market at daily ROMAR support. Hit off H2 flat lower BB.
Because of this confluence of support I will enter long when H2 PSAR flip.

Entry : EMA arrow + MACD alert in correct order for the up with green FIBO and DB/SAR confluence at the bottom.
H1 PSAR flipped for the up. Open Bar above H2 PSAR and EMA with purple and white crossing.

Went long at 131.930
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  • #11,892
  • Nov 8, 2017 2:44pm Nov 8, 2017 2:44pm
Went short on sar 40/40
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  • #11,893
  • Edited 3:50pm Nov 8, 2017 2:48pm | Edited 3:50pm
Trading Plan 2017-11-8

Daily-
ROMAR: S
EMA: R
Psar: Eliminated
Notes: Consolidation, DB with SAR at the bottom of green fib. Edit: (Daily fib 23.6 only+26)

4H-
ROMAR: R
EMA: R
Psar: R (At the time of entry....)
Notes: Downtrend, DB with SAR at bottom of green fib

2H-
ROMAR: R
EMA: S
Psar: Eliminated
Notes: Consolidation, DB with SAR at bottom of green fib. EMA arrow up then MACD arrow up open above EMA

1H
ROMAR: R
EMA: S
PSAR: Eliminated

Entry:
Long At open of 1800 bar
Attached Image(s) (click to enlarge)
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  • #11,894
  • Nov 8, 2017 5:03pm Nov 8, 2017 5:03pm
Quoting dove_alliance
Now that we are in the divergence there is a two part processing of the divergence for highs and lows. First Part is with creating either a new high and/or a new low with the Magenta dash-dot line for the high with a price tag of the Magenta; and a Lime Green dash-dot line for the low with a price tag of the Lime Green. This is known as trading outside the box with the Magenta for the high and the Lime Green for the low. Second Part is a new high and/or a new low within the Fibo and does not create a new high and/or a new low with the Magenta or...
Hello Dove and others users of the thread!

I am currently quite furious with myself due to several attempts of failing to understand the Paradox Divergence.
I would just like to ask a question that may hopefully help me in my future attempts to learn the divergence.

In the post I quoted Dove writes the following:

Quote
First Part is with creating either a new high and/or a new low with the Magenta dash-dot line for the high with a price tag of the Magenta; and a Lime Green dash-dot line for the low with a price tag of the Lime Green. This is known as trading outside the box with the Magenta for the high and the Lime Green for the low.

I cannot get my head around why Dove says that it creates a new low with Lime Green dash-dot line. Should it not be LightSkyBlue instead?
How is it possible that the market can create a new low with the Lime Green dash-dot line attaching? I only see it attaching to top of candles.

In this post as well, I see no mention about LightSkyBlue. Instead Dove writes - "[...] Lime Green for the low of the Fibo with the price tag".

I am sorry if the question is stupid, I may be over complicating things.
  • #11,895
  • Nov 8, 2017 5:31pm Nov 8, 2017 5:31pm
Date: EURJPY 0800 Sydney Time
CHECK NEWS RELEASE BEFORE TRADING Yes
- if No...... STOP .....do not proceed with Plan
Daily: Open bar
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow Down
Last DB Attachment 131.386
Fibo up or down Up
Notes: Consolidated Down Trend. Market hit ROMAR. DB at bottom with Double divergence. EMA is Resistance 80 pip from ROMAR.
4 HR:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
Notes: ROMAR is Daily EMA Resistance. 4 horses are down. Market at EMA.
2 HR:
OPEN PRICE - 131.990
6hrs later open bar price-
ROMAR - Resistance
EMA - Resistance
PSAR - Support - not locked in
Check List:
Last MACD 0 crossing Up
Last EMA Alert Arrow Up
Last DB Attachment 131.386 Bottom
Fibo up or down Up
Notes: Consolidation. ROMAR is resistance & BBs are inside the box with the upper one against ROMAR.
1 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing Up
Last EMA Alert Arrow Up
Last DB Attachment N/A on 1hr charts
Fibo up or down Up
Notes: Consolidation. ROMAR holding Resistance.
Market News. USA 1130hrs EST
Have i double checked all of the above Yes or No. If No stop & go do it.
Yes -
Final Notes: Daily Consolidated Down Trend with EMA & Parabolic.
H4 Full Down Trend
H2 Consolidation. Parabolic flip yet to be confirmed. ROMAR holding Resistance.
H1 Consolidated & not in sync with H2.
Projected Entry: Wait for Daily Open bar and re-assess otherwise entry is -
Short off H2 hit on ROMAR or perhaps H4 hit on Parabolic with a SAR or maybe without SAR - depending on the moment.
This will give room 50+ to Daily Support.
Rules for entry Consolidation.
1 Do not chase the market nor trade when in the middle
2 Trade strictly from S/R & vice/versa
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-11-09 at 9.17.29 am H4 EURJPY.png Size: 82 KB
Click to Enlarge Name: Screen Shot 2017-11-09 at 9.17.41 am H2 EURJPY.png Size: 95 KB
If you make up your own rules then the story is sad.....
  • #11,896
  • Nov 8, 2017 5:59pm Nov 8, 2017 5:59pm
I am new to the Paradox system and have downloaded the files Mr Dove requires plus the instructions. Part of the system appears to work, so may I ask if anyone is running Win 10 on 64 Bit architecture and no issues with installing Paradox.

MT4 is Version-4 Build 1090 as at May 19 2017. also Many thanks for anyone who replies, what an incredible Alliance of Paradox members Mr Dove has.

Perhaps the issue is I live in Australia and we are upside down to the rest of you guys-so at my age ( older then Mr Doves tender 71 yrs ) my grey matter needs a little extra support from the team :-)

In the meantime I will continue reading from page 1, as the information is very detailed and comprehensive, so many thanks Mr Dove and the team of contributors here.

Kind regards
  • #11,897
  • Edited 7:22pm Nov 8, 2017 7:11pm | Edited 7:22pm
Welcome btrfx1

I may be able to assist. Grey matter is just a colour - not a disability :-)
If you remove your PM block, we can perhaps take this off thread so that we may keep the thread focus intact & move you to a level of understanding that can keep you moving forward.

Oli
If you make up your own rules then the story is sad.....
  • #11,898
  • Edited 8:59pm Nov 8, 2017 7:51pm | Edited 8:59pm
Hi Oli,
Thank you for the reply, is the PM block in Forex Factory settings or do I use another medium such as Skype.
If it suits I can phone you to get it all setup, not sure how we do that privately though without it becoming public info :-)
  • #11,899
  • Nov 8, 2017 8:48pm Nov 8, 2017 8:48pm
Attached Image (click to enlarge)
Click to Enlarge Name: How to change your PM settings.png Size: 613 KB
If you make up your own rules then the story is sad.....
  • #11,900
  • Edited Nov 9, 2017 12:08am Nov 8, 2017 10:13pm | Edited Nov 9, 2017 12:08am
Wednesday Trading Plan

NEWS:
US initial jobless claims 0830

Daily:

ROMAR - Support
EMA – resistance
Parabolic - resistance

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

Notes: SAR/DB attached to bottom at 131.386 with skyblue swing and gold divergence. After hitting the 0.0 fibo, market retraced seemingly heading towards daily EMA, and eventually 100.0 fibo.

H4:

ROMAR – resistance (at 61.8 fibo)
EMA - resistance
Parabolic – support

Checklist:
Last DB Attachment – Bottom at 131.386
Last SAR Attachment – Top at 132.250
Fibonacci – green

Notes: SAR/DB attached at bottom 3 candles ago at 131.386 along with lightskyblue swing. Sar attached at top of current candle at 132.25. Purple crossed white and smooth for up favoring an end to the previous consolidated downtrend. H4 romer resistance at the same level as the daily EMA resistance at 132.49.


H2:
ROMAR - resistance
EMA - support
Parabolic – support

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - up
Last DB Attachment – top at 132.25
Last SAR Attachment – top at 132.25
Fibonacci – green

Notes: DB/SAR attached at top of current candle with the magenta swing line. This is also at the level of romar resistance, which market tested and did not pass. 4 horsemen in uptrend with purple crossing white, smooth, and EMA. The crossing of EMA with purple in particular has ended the consolidated downtrend that we were previously in. Parabolic switched to support. EMA arrow up, MACD arrow up, green fibo. However, romer resistance is close (~10 pips) which limits long opportunities at current market level. Bollinger bands constricted and fairly flat.

H1:

ROMAR - resistance
EMA - support
Parabolic – support

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

Notes: Four horsemen in uptrend with purple crossing romer. EMA appears set to cross romer next. H1 PSAR is approximately at the level of the H2 EMA at 131.89

Final Notes:
Market appears to be in the beginning of a consolidated uptrend with the flipping of the H2 parabolic, and with H2 purple crossing EMA. H1 four horsemen in uptrend. H4 with purple crossing white and smooth for up. Market started uptrend after hitting 0.0 fibo with DB/SAR and skyblue swing at bottom on all four charts. DB attached at top on H1 and H2 (and SAR on H4). Main resistance at H2 romer. Secondary resistance confluence appears at H4 romer+ daily EMA resistance at 132.49. Support confluence appears at H1 PSAR + H2 EMA at 131.89. However, trading is constricted with H2 romer resistance at 132.250.

Entry:
Market in a consolidated uptrend too close to H2 romer resistance to go long. Will wait for a retrace to H2 EMA/H1 PSAR before going long. Depending on the moment, this should give about 40 pips to H2 romer resistance. Second resistance confluence at H4 romer/daily EMA. Given how constricted the H2 BB are, this could take a while. Might try to wait after US jobs report to catch the retrace.

Entry edit: entered long at 131.81 with the new candle. This is at the H2 parabolic, right above the daily romer support. There's slightly more than 40 pips to H2 romer. Hopefully enough time before high impact news. I must say though, I'm really kicking myself that I didn't go short at the previous candle, with DB attaching to the top on H2 (at H2 romer resistance no less), and SAR at the top on H4.

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