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The Paradox System

  • #11,941
  • Nov 9, 2017 8:17pm Nov 9, 2017 8:17pm
Quoting Paradox7
{quote} I know it isn't my business and I don't mean to intrude but to clarify SixSigma went long and not short from the Parabolic, think there is some misunderstanding here
I know exactly what trade he took.
The Dove - Forex Trainer
  • #11,942
  • Edited 8:36pm Nov 9, 2017 8:19pm | Edited 8:36pm
Quoting dove_alliance
{quote} What I am trying to tell you is the market had already gone short 40+ pips from the top and you full the trigger going short AFTER the 40+. Now - where was support when you pulled the trigger going SHORT. Do you really believe the market will go another 40 from your entry before the SAR stops you in consolidation. I don' think so. All you had to do was wait on the SAR and go long. You was already too deep in the hole to go short. That is what you had missed.
I understand what you're saying. I went long though. Please check my chart. I pulled the trigger and went long at the PSAR as there was 40+ pips up to romer resistance.

However, I should have waited until the SAR attached at the bottom to go long. When the candle opened at the PSAR (where I went long), the SAR had not yet attached. I thought it was a point of support, however I should have waited for the SAR to attach. If I would have waited, the second open candle would have opened at the 23.6, where a long would have reached TP without much if any drawdown. And this was also after the news I believe, so I wouldn't have had to close it prematurely.
  • #11,943
  • Nov 9, 2017 8:32pm Nov 9, 2017 8:32pm
Quoting SixSigma
{quote} I understand what you're saying. I went long though. Please check my chart. I pulled the trigger and went long at the PSAR as there was 40+ pips up to romer resistance. However, I should have waited until the SAR attached at the bottom to go long. When the candle opened at the PSAR (where I went long), the SAR had not yet attached. I thought it was a point of support, however I should have waited for the SAR to attach.
I know you did and I also know you closed your trade. And if you didn't close your trade the possibility is showing you would had been short of profit because your entry was way too early in not seeing the SAR for connection on the bottom. Closing your trade we will never know. All I'm doing is pointing out you should had waited on the SAR because the market could had gone a lot deeper then what it did. Now - you see the big picture.
The Dove - Forex Trainer
  • #11,944
  • Nov 9, 2017 8:40pm Nov 9, 2017 8:40pm
Quoting SixSigma
{quote} I understand what you're saying. I went long though. Please check my chart. I pulled the trigger and went long at the PSAR as there was 40+ pips up to romer resistance. However, I should have waited until the SAR attached at the bottom to go long. When the candle opened at the PSAR (where I went long), the SAR had not yet attached. I thought it was a point of support, however I should have waited for the SAR to attach. If I would have waited, the second open candle would have opened at the 23.6, where a long would have reached TP without...
After looking at your entry again - you was roughly 30 in the hole before it pulled you back out with the SAR.
The Dove - Forex Trainer
  • #11,945
  • Nov 9, 2017 9:45pm Nov 9, 2017 9:45pm
Quoting dove_alliance
{quote} After looking at your entry again - you was roughly 30 in the hole before it pulled you back out with the SAR.
Yes sir. I understand. Thank you so much for your feedback. The SAR did pull me out of the drawdown.
  • #11,946
  • Nov 9, 2017 10:37pm Nov 9, 2017 10:37pm
I recently started following this thread, and am studying the materials provided from the beginning. I'm also watching the current part of the thread and have seen a H4 chart being used. Is that template available somewhere in this thread?
  • #11,947
  • Nov 9, 2017 10:57pm Nov 9, 2017 10:57pm
Quoting sum_1
I recently started following this thread, and am studying the materials provided from the beginning. I'm also watching the current part of the thread and have seen a H4 chart being used. Is that template available somewhere in this thread?
Go to the paper-clip on the top thread bar and you will see the Paradox_H4 zip and download it.
The Dove - Forex Trainer
  • #11,948
  • Edited 2:47am Nov 10, 2017 1:04am | Edited 2:47am
Good morning everyone, had to wake up earlier to make my daily plan as i have a busy day today at my normal life job. Sorry for bad charts as they are made from laptop. The main pc i have in my work place, if possibilities for entering market arrive i will enter from my main pc.

Eur/JPY 10/nov/2017 7:18 am local / 02:18 am EST
NEWS,NEWS,NEWS!!!! no red news for today

DAILY CHART:
ROMAR:Support
EMA:Resistance
Parabolic:Resistance
Fib:Green UP
Macd:Below Zero
EMA Arrow DOWN
Macd ArrowDOWN
SAR:On bottom pushing UP
DB:On bottom pushing UP
Bollinger:Not Hit
Divergence:Light Blue with Gold
35 pips below ROMAR

market in the middle, Daily consolidation, EMA above purple in slider

NOTES:
PURPLE pushing down the market to ROMAR support, last two day candles on the same level . PURPLE is the main resistance, FIBO 0 on the main support. ROMAR in the middle, it is difficult to push 40 pip trade in between. Possibilities for trade: market goes up for SAR/PSAR or down to FIBO support(this one like less...) maybe to push 40 pips between Daily and H2 Romar?? the same trick as yesterday but other way

4 HOUR CHART:
ROMAR:Resistance
EMA:Support
Parabolic:Support
Fib:Green UP
Macd:Above Zero
EMA Arrow:UP
Macd ArrowUP
SAR:On top pushing DOWN
DB:On bottom pushing UP
Bollinger:Not Hit
Divergence:

NOTES:
boilinger bands flat but market in the center, EMA below Purple in slider,PSAR quite far
UPTREND

2 HOUR CHART:
ROMAR:Resistance
EMA:Support
Parabolic:Support
Fib:Green UP
Macd:Above Zero
EMA Arrow:UP
Macd ArrowUP
SAR:On top pushing DOWN
DB:On bottom pushing UP
Bollinger:Not Hit
Divergence:Not Present
NOTES:
Consolidated UPTREND with ROMAR as main resistance, holding its line without any problem, 4 horsmen opening widely but closing to ROMAR,waiting for slider.
Possible trade - quick spike below PSAR with SAR attachment giving 40+ pips to H2 ROMAR with H4 SAR/PSAR confluence

1 HOUR CHART:
ROMAR:Support
EMA:Support
Parabolic:Support
Fib:Green UP
Macd:Above Zero
EMA Arrow:UP
Macd ArrowUP
SAR:
DB:
Bollinger:Not Hit
Divergence:
H1 NOTES:
Full UPTREND, cannot pass ROMAR H2

Final Notes/Action
Small charts in uptrend, Daily holding downtrend,market in the middle. Market is trying to decide if it would like to stay below or above Daily ROMAR. Currently above.
Possible trades:
market goes down to daily ROMAR with H2 & H4 PSAR/SAR, after 2 hour candle open around daily ROMAR will enter long, will check other confluences and pip count in the moment
market goes up defeating ROMAR H2 and maybe?? will touch Daily PSAR for SAR attachment for short??
will wait and see what market will throw to us

Reminder: Patience

Peace everyone
linadze
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURJPYproDaily.png Size: 53 KB
  • #11,949
  • Nov 10, 2017 3:12am Nov 10, 2017 3:12am
Quoting dove_alliance
{quote} Go to the paper-clip on the top thread bar and you will see the Paradox_H4 zip and download it.
Thank you Dove!
  • #11,950
  • Edited 7:15am Nov 10, 2017 4:20am | Edited 7:15am
Quoting linadze
Good morning everyone, had to wake up earlier to make my daily plan as i have a busy day today at my normal life job. Sorry for bad charts as they are made from laptop. The main pc i have in my work place, if possibilities for entering market arrive i will enter from my main pc. Eur/JPY 10/nov/2017 7:18 am local / 02:18 am EST NEWS,NEWS,NEWS!!!! no red news for today DAILY CHART: ROMAR:Support EMA:Resistance Parabolic:Resistance Fib:Green UP Macd:Below Zero EMA Arrow DOWN Macd ArrowDOWN SAR:On bottom pushing UP DB:On bottom pushing UP Bollinger:Not...
ADJUSTMENT: H2 breached, full uptrend on small charts, Purple Daily trying to hold resistance. Strong resistance confluence at H2 fibo 100, H4 ROMAR, Daily EMA. Will wait if market reach them.possibility long if h2 ema cross Romar
  • #11,951
  • Nov 10, 2017 4:27am Nov 10, 2017 4:27am
Quoting SixSigma
Thursday Trading Plan NEWS: Michigan consumer sentiment index 1000 Daily: ROMAR - Support EMA – resistance Parabolic - resistance Checklist: Last MACD 0 Crossing - down Last EMA Alert Arrow - down Fibonacci – green Notes: SAR/DB is attached to bottom at 131.386 with skyblue swing and gold divergence. We are currently slightly under the 23.6 fibo. Four horsemen going down. H4: ROMAR – resistance EMA - support Parabolic – support Checklist: Last DB Attachment – Bottom at 131.386 Last SAR Attachment – Top at 132.250 Fibonacci – green Notes: SAR/DB...
Entry: went short at 132.187 with the opening of the new H2 bar after SAR attached to top of previous candle. Romer is resistance on H2 and H4. SL is above the H2 upper bollinger band, and above H4 romer and H4 upper bollinger band. However, on H4 EMA crossed purple becoming support; my TP is past H4 support near the 23.6 H4 fibo. TP is above daily romer support. Major news is coming in approximately 4.5 hours. Will close out the trade 5 minutes before news release if the SL or TP is not hit first.

Attached Image (click to enlarge)
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  • #11,952
  • Nov 10, 2017 5:02am Nov 10, 2017 5:02am
Quoting SixSigma
{quote} Entry: went short at 132.187 with the opening of the new H2 bar after SAR attached to top of previous candle. Romer is resistance on H2 and H4. SL is above the H2 upper bollinger band, and above H4 romer and H4 upper bollinger band. However, on H4 EMA crossed purple becoming support; my TP is past H4 support near the 23.6 H4 fibo. TP is above daily romer support. Major news is coming in approximately 4.5 hours. Will close out the trade 5 minutes before news release if the SL or TP is not hit first. {image}
Hi SixSigma, what source of major news do you use? I only see bank Holidays and 1 orange new in few hours (FOREX FACTORY Calendar)
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  • #11,953
  • Nov 10, 2017 5:43am Nov 10, 2017 5:43am
GOOD AFTERNOON SIR G

EUR /JPY - 10/11 2017 - NO MAJOR NEWS before 8.30 pm which 4 hr latter

DAILY

ROMAR - support
EMA -resistance
PSAR - resistance

check list

Macd - down
ema arrow - red down
db/sar - db/sar both atteched at bottom with both divergence
fibo -green market below 23.6 green fibo
b/b -band extended
NOTE -- daily consolidation market romar support 4 horsemen down swing market between romar support smooth resistance which - hold the market for down

4 HR
ROMAR - resistance
EMA - support
PSAR - support

check list

macd - up
ema arrow - green arrow up after retrece of red arrow
db/sar - db/sar both atteched at bottom but sar atteched at top candle
fibo - green up
b/b - flat band upper band just above romar lower band above 0 green fibo

NOTE - 4 hr consolidation market romar resistance ema psar support db/sar both atteched at bottom but sar attechment top candle -which hold the market

2 HR
ROMAR - resistance
EMA - support
PSAR - support

check list
macd - up
ema arrow - green up
db/sar - both are atteched at top candle just at romar 131.250 resistance with green divergence
fibo - green fibo market between 61.8 and 100 green fibo
b/b - mediun extended lower band above 0 green fibo

NOTE - 2 HR consolidation market romar resistance with sar with green divergence purple slide below romar 2 hr ranging market with sar

1 HR

ROMAR - support
EMA - support
PSAR - support

check list
macd -up
ema arrow - green up
fibo -green
b/b - flat

NOTE -1 hr market complete up trend with green fibo

FINAL NOTE consolidation market daily romar support 1 hr support 2 hr 4hr romar resistance which romar consolidation market daily ema resistance 1 hr 2hr 4hr support ema consolidation daily psar resistance other three chart support consolidation daily sommth resistance 4 hr 2 hr romar resistance which make more power for resistance 2 hr romar with sar with green divergence with daily may be this confluence factor for short so i will go here short
Attached Image (click to enlarge)
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  • #11,954
  • Nov 10, 2017 6:43am Nov 10, 2017 6:43am
time: 07.00 est
Daily
ROMAR - Support
EMA – resistance
Parabolic - resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Fibonacci – green
Last DB and SAR Attachment – down at 131.386

H4:
ROMAR – resistance
EMA - support
Parabolic – support

Checklist:
Last SAR Attachment – top at 132.250
Last DB and SAR Attachment – down at 131.386
Fibonacci – green

H2:
ROMAR – resistance
EMA - support
Parabolic – support

Checklist:
Last SAR Attachment – top at 132.231
Fibonacci – green

H1:
ROMAR - support
EMA - support
Parabolic – support

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

NOTES: D1 ema resistance at 132.360 and romar is still support at 131.760. H4 romar and BB resistance at 132.360. H2 green line attached SAR at romar resistance(132.230). I have 2 options to sell
1- when market price hit H4 romar resistance
2- open candle under ema when crossing purple-white on H2 chart

Self Evaluations:
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  • #11,955
  • Nov 10, 2017 7:14am Nov 10, 2017 7:14am
Quoting wantpips
{quote} Thank you for the reply Olive. I didn't mean to make you feel embarrassed. Now I feel scared to post my first trading plan. Anyway, thank you again. I'll keep on studying.
Well Wanna,

You didn't embarrass me in the slightest.
I embarrassed myself by not applying the rules.
I teach by demonstrating basically; and with your Q I felt the need to be honest & disclose my dirty laundry that you may not have been aware of and which was more of a worry that your Q was asking info about - in the failing to execute the plan (it's not within the rules to fail to execute the plan - i was being a self diagnosed idiot ... yet again) - as well as sharing some of my learning philosophy that i borrow from others in order to try and get me past my longtime bad habits. This is all. Pretty much the only talent i posses is to persist with tenacity.
My Worrying; your worrying; anybody worrying is all a waste of energy & all that energy would be better put to use into more positive and better and constructive effort or endeavours.
The rest was just teasing you in a light hearted way as i see you have understood.
So... no need to be scared....Yet. Scout's Honour.
If you make up your own rules then the story is sad.....
  • #11,956
  • Nov 10, 2017 7:57am Nov 10, 2017 7:57am
Quoting SixSigma
{quote} Entry: went short at 132.187 with the opening of the new H2 bar after SAR attached to top of previous candle. Romer is resistance on H2 and H4. SL is above the H2 upper bollinger band, and above H4 romer and H4 upper bollinger band. However, on H4 EMA crossed purple becoming support; my TP is past H4 support near the 23.6 H4 fibo. TP is above daily romer support. Major news is coming in approximately 4.5 hours. Will close out the trade 5 minutes before news release if the SL or TP is not hit first. {image}
There are no major release today for the EUR, JPY, or the USD. So ride your trade to the end of day.
The Dove - Forex Trainer
  • #11,957
  • Nov 10, 2017 8:04am Nov 10, 2017 8:04am
Quoting linadze
{quote} ADJUSTMENT: H2 breached, full uptrend on small charts, Purple Daily trying to hold resistance. Strong resistance confluence at H2 fibo 100, H4 ROMAR, Daily EMA. Will wait if market reach them.possibility long if h2 ema cross Romar
And what do you mean "full uptrend on small charts" in reference to plural????
The Dove - Forex Trainer
  • #11,958
  • Nov 10, 2017 8:22am Nov 10, 2017 8:22am
Quoting TyD
{quote} 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} 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...
Excuse me for doing this, however, it is really important for me so I would like bring the first post of mine to light because I made the posting and it fell backwards in the thread quite quickly. I would really appreciate it if anyone, or specifically Dove, could bring me out of my confusion in order to learn the divergence.

Thank you!
  • #11,959
  • Nov 10, 2017 8:29am Nov 10, 2017 8:29am
Quoting linadze
{quote} Hi SixSigma, what source of major news do you use? I only see bank Holidays and 1 orange new in few hours (FOREX FACTORY Calendar) {image}
I use the economic calendar on Myfxbook.
  • #11,960
  • Nov 10, 2017 8:29am Nov 10, 2017 8:29am
Quoting dove_alliance
{quote} There are no major release today for the EUR, JPY, or the USD. So ride your trade to the end of day.
Ok will do!
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