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The Paradox System

  • #11,961
  • Nov 10, 2017 8:41am Nov 10, 2017 8:41am
Quoting TyD
{quote} 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!
All you need to do is keep reading and the answer is on the thread.
The Dove - Forex Trainer
  • #11,962
  • Nov 10, 2017 8:42am Nov 10, 2017 8:42am
Quoting SixSigma
{quote} I use the economic calendar on Myfxbook.
We use the FF calender.
The Dove - Forex Trainer
  • #11,963
  • Nov 10, 2017 8:48am Nov 10, 2017 8:48am
Quoting dove_alliance
{quote} All you need to do is keep reading and the answer is on the thread.
Thank you for the response. I have read the thread several times and for some reason divergence is the one aspect I am still unsure of. I believe I am missing something major. I'll attempt again though, thank you again for the answer Dana! I very much appreciate you still being here after all this time!
  • #11,964
  • Nov 10, 2017 9:46am Nov 10, 2017 9:46am
Session London/New York: EUR-JPY 10/11/2017 - apologies for late Trading plan and post, got called into conf call!

Daily: above ROMAR below Daily Purple
ROMAR: Support
EMA: Resistance
Parabolic: Resistance

Notes: EMA crossed Purple, Purple now crossed White Down. DB down with Blue Divergence plus Hidden Gold attach at 0.0 FIBO. Trend EMA arrow DOWN. MACD down. FIBO up.

H4
ROMAR: Resistance
EMA: Support
Parabolic: Support
Notes: Horsemen UP. Purple crossed EMA UP. DB down wiith divergence, SAR attached above. FIBO UP. EMA slider for the UP.

H2
ROMAR: Resistance
EMA: Support
Parabolic: Support
Notes: Horsemen UP, Purple crossed EMA UP, been knocking on H2 ROMAR’s door for last 26hrs or so . Last DB attached DOWN with GOLD Divergence indicating end of trend down, next trend will be UP. Two SAR attachments since DB (indicating a breakout possible). Trend EMA arrow UP. MACD UP. FIBO UP . BB’s open for further up/down movement

H1
ROMAR: Support
EMA: Support
Parabolic: Support
Notes: H1 EMA has been above ROMAR for some time now with the Parabolics as Support. BB’s closing in to indicate a breakout.

Final Notes: Consolidation, with confluence of H1/H2/H4 Horsemen and EMA's, looking to push through H2 ROMAR for new uptrend. Last H2 DB had Gold Divergence attached with two SAR attachments since. Current H2 has SAR attached with GREEN Divergence indicating we are in an Uptrend that is coming to an end. The rules would seem to indicate that the current H2 retrace to EMA is a retrace for a further UP movement to then attach DB to SAR with a Higher Green Divergence.

Adjustments: None

Long/Short: Long at 132.073

Result:

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2 101117 1346hrs.png Size: 82 KB
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #11,965
  • Nov 10, 2017 10:52am Nov 10, 2017 10:52am
Quoting TyD
{quote} Thank you for the response. I have read the thread several times and for some reason divergence is the one aspect I am still unsure of. I believe I am missing something major. I'll attempt again though, thank you again for the answer Dana! I very much appreciate you still being here after all this time!
Go this post and maybe this will help you:
https://www.forexfactory.com/showthr...3#post10469463
The Dove - Forex Trainer
  • #11,966
  • Nov 10, 2017 11:00am Nov 10, 2017 11:00am
You traders that are trading (either short or long) are having a couple major problems. Today is Friday and end of week. There shouldn't be any kind of trading after the USD session opens on Friday's. The other problem is the H4 uptrend with ROMAR as stopper.

OK - everyone have a great and blessed weekend.
The Dove - Forex Trainer
  • #11,967
  • Nov 10, 2017 11:11am Nov 10, 2017 11:11am
Quoting dove_alliance
{quote} Go this post and maybe this will help you: https://www.forexfactory.com/showthr...3#post10469463
That will most definitely help me! Much appreciated!
  • #11,968
  • Nov 10, 2017 12:50pm Nov 10, 2017 12:50pm
Quoting dove_alliance
{quote} And what do you mean "full uptrend on small charts" in reference to plural????
I meant "small charts" as H1 H2 and H4 and main "big chart" as Daily. Sorry it was a busy day, could not follow the market. As i see now there were no possibilities for 40pip without resistance in the way anyway. Only possibility was go long from H2 EMA support early in the morning to TP at daily EMA (where market is now) but it was against my understanding of trading rules. Anyway for today is enough. Have a great weekend.

regards,
Linas
  • #11,969
  • Nov 10, 2017 1:03pm Nov 10, 2017 1:03pm
Quoting linadze
{quote} I meant "small charts" as H1 H2 and H4 and main "big chart" as Daily. Sorry it was a busy day, could not follow the market. As i see now there were no possibilities for 40pip without resistance in the way anyway. Only possibility was go long from H2 EMA support early in the morning to TP at daily EMA (where market is now) but it was against my understanding of trading rules. Anyway for today is enough. Have a great weekend. regards, Linas
The reason I asked is because the H2 and H4 are not in a full uptrend with ROMAR as resistance.
The Dove - Forex Trainer
  • #11,970
  • Nov 10, 2017 1:15pm Nov 10, 2017 1:15pm
Quoting dove_alliance
{quote} The reason I asked is because the H2 and H4 are not in a full uptrend with ROMAR as resistance.
Yes,i understand, at that moment was thinking about 4 horsmen in the right order for uptrend.
  • #11,971
  • Nov 10, 2017 1:26pm Nov 10, 2017 1:26pm
Sir, do not want to be rude, but may i ask you a question? What trading possibilities did you see for today's trading session in the beginning?
  • #11,972
  • Nov 10, 2017 1:37pm Nov 10, 2017 1:37pm
Quoting linadze
Sir, do not want to be rude, but may i ask you a question? What trading possibilities did you see for today's trading session in the beginning?
I trade during the Asia session and at opening at 17:00 yesterday there was no opportunity with the H2 ROMAR as resistance and the Parabolic as support leaving roughly 20 pips going either direction. A possibility of only 40 for the H4 ROMAR. Risk factor was greater then I wanted too attempt, so I did not trade.
The Dove - Forex Trainer
  • #11,973
  • Nov 10, 2017 1:42pm Nov 10, 2017 1:42pm
Quoting dove_alliance
{quote} I trade during the Asia session and at opening at 17:00 yesterday there was no opportunity with the H2 ROMAR as resistance and the Parabolic as support leaving roughly 20 pips going either direction. A possibility of only 40 for the H4 ROMAR. Risk factor was greater then I wanted too attempt, so I did not trade.
OK, thank you.
  • #11,974
  • Nov 10, 2017 1:57pm Nov 10, 2017 1:57pm
Quoting Andiroo
Session London/New York: EUR-JPY 10/11/2017 - apologies for late Trading plan and post, got called into conf call! Daily: above ROMAR below Daily Purple ROMAR: Support EMA: Resistance Parabolic: Resistance Notes: EMA crossed Purple, Purple now crossed White Down. DB down with Blue Divergence plus Hidden Gold attach at 0.0 FIBO. Trend EMA arrow DOWN. MACD down. FIBO up. H4 ROMAR: Resistance EMA: Support Parabolic: Support Notes: Horsemen UP. Purple crossed EMA UP. DB down wiith divergence, SAR attached above. FIBO UP. EMA slider for the UP. H2 ROMAR:...
Result: +40

Evaluation: Apologies Dana, I was not aware of the rule of not trading after Friday's USD open, having seen some trades on retraces from NFP on here before - I will mark this in my ledger as a further rule sir.

With the strength of the H1/H2/H4 Horsemen on the up, especially straining to get past H2 ROMAR, and the rules with Green divergence attachments and retraces for further attachments higher up, I was confident of the market breaking through H4 ROMAR - perhaps Dana, my confidence was misplaced here?

On my written notes trading plan, I forgot to add to the tippy tappy one above, I even questioned myself if the power of the green divergence would take the Daily through Smooth, past EMA, and to the Parabolic for a SAR attachment?

May I ask if my understanding is wrong here Dana please?


Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #11,975
  • Nov 10, 2017 2:15pm Nov 10, 2017 2:15pm
Quoting Andiroo
{quote} Result: +40 Evaluation: Apologies Dana, I was not aware of the rule of not trading after Friday's USD open, having seen some trades on retraces from NFP on here before - I will mark this in my ledger as a further rule sir. With the strength of the H1/H2/H4 Horsemen on the up, especially straining to get past H2 ROMAR, and the rules with Green divergence attachments and retraces for further attachments higher up, I was confident of the market breaking through H4 ROMAR - perhaps Dana, my confidence was misplaced here? On my written notes trading...
There is no rule for not trading on Friday's but a caution in not being in the market at end of the week. But your trade was at risk with TP above the H4 ROMAR. For some reason there was volatility with the USD on holiday and you just got lucky with this trade. The resistance on the H2, H4 and even the Daily with Purple should had kept you from the trigger going long; the Parabolic on both the H2, H4, with the Daily ROMAR should had kept you going short.
The Dove - Forex Trainer
  • #11,976
  • Nov 10, 2017 2:36pm Nov 10, 2017 2:36pm
Quoting dove_alliance
{quote} There is no rule for not trading on Friday's but a caution in not being in the market at end of the week. But your trade was at risk with TP above the H4 ROMAR. For some reason there was volatility with the USD on holiday and you just got lucky with this trade. The resistance on the H2, H4 and even the Daily with Purple should had kept you from the trigger going long; the Parabolic on both the H2, H4, with the Daily ROMAR should had kept you going short.
Thanks for the reply Dana, understood; If the H4 ROMAR was further away however, would the green divergence still take it through H2 ROMAR as it did in 'normal' circumstances, as it seems quite a powerful tool and doesn't seem to appear without a reason?

Really checking to see if my understanding of Green/Gold Divergence is correct in this instance please?

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #11,977
  • Nov 10, 2017 2:43pm Nov 10, 2017 2:43pm
Quoting Andiroo
{quote} Result: +40 Evaluation: Apologies Dana, I was not aware of the rule of not trading after Friday's USD open, having seen some trades on retraces from NFP on here before - I will mark this in my ledger as a further rule sir. With the strength of the H1/H2/H4 Horsemen on the up, especially straining to get past H2 ROMAR, and the rules with Green divergence attachments and retraces for further attachments higher up, I was confident of the market breaking through H4 ROMAR - perhaps Dana, my confidence was misplaced here? On my written notes trading...
and the rules with Green divergence attachments and retraces for further attachments higher up, I was confident of the market breaking through H4 ROMAR

The rule is correct. The DB was on the previous high and when the market got above the previous high the DB move over to the next high with the Green Divergence. Which meant the H4 ROMAR was the target and that should had ended the up movement. This is why I said you was lucky because of the volatility. If not for the volatility it would not had made it to your TP.
The Dove - Forex Trainer
  • #11,978
  • Nov 10, 2017 2:48pm Nov 10, 2017 2:48pm
Quoting timetolearn
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...
Self Evaluations:
Firstly sorry about my english. As i can see that option 2 happened. Price hit h4 romar resistance but it was too late to trade. That's why i didnt trade. Dove is absolutely right. Today there was no good opportunities to trade. Yesterday we have 2 opportunities; asia and new york sessions. I am still studying and trading on demo. I have never seen system like this. Thank you so much Dove for everything.
  • #11,979
  • Nov 10, 2017 2:50pm Nov 10, 2017 2:50pm
Quoting dove_alliance
{quote} and the rules with Green divergence attachments and retraces for further attachments higher up, I was confident of the market breaking through H4 ROMAR The rule is correct. The DB was on the previous high and when the market got above the previous high the DB move over to the next high with the Green Divergence. Which meant the H4 ROMAR was the target and that should had ended the up movement. This is why I said you was lucky because of the volatility. If not for the volatility it would not had made it to your TP.
Bottom line you broke a major rule with your TP. Never think; but ALWAYS follow the rules of trading.
The Dove - Forex Trainer
  • #11,980
  • Nov 10, 2017 2:50pm Nov 10, 2017 2:50pm
Quoting dove_alliance
{quote} and the rules with Green divergence attachments and retraces for further attachments higher up, I was confident of the market breaking through H4 ROMAR The rule is correct. The DB was on the previous high and when the market got above the previous high the DB move over to the next high with the Green Divergence. Which meant the H4 ROMAR was the target and that should had ended the up movement. This is why I said you was lucky because of the volatility. If not for the volatility it would not had made it to your TP.
Perfect, thank you sir, have a blessed weekend.

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
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