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The Paradox System

  • #12,381
  • Nov 28, 2017 8:48pm Nov 28, 2017 8:48pm
Quoting dove_alliance
Back on the 24th I had made a post to do with ROMAR and this is part of the post; "Lets take the Daily scenario you are in now with ROMAR as support. ROMAR has crossed Purple and once this happens then all resistance with the 4 horsemen with EMA are eliminated accept for the Parabolic until the White crossing. The reason is because ROMAR is the focus for either sliding under EMA or crossing EMA for a change of trend. And this is determine in how the market will react with ROMAR. If the market stays below ROMAR then ROMAR will cross EMA. If the market...
What is the difference between Parabolic power and Parabolic trend? When shall we ignore the parabolic as support and resistance?
  • #12,382
  • Nov 28, 2017 8:53pm Nov 28, 2017 8:53pm
Quoting whaleknight
{quote} What is the difference between Parabolic power and Parabolic trend? When shall we ignore the parabolic as support and resistance?
I have explained it many times on the thread
The Dove - Forex Trainer
  • #12,383
  • Nov 28, 2017 9:37pm Nov 28, 2017 9:37pm
Quoting HappyFaces
Date:29 November 2017 00:00 Broker TIME ALL DAY EUR RED NEWS Daily ROMAR:Support EMA:Support PSAR:Support Check List Last MACD 0 Crossing:Up Last EMA Alert Arrowown Last DB/SAR AttachmentB/SAR Bottom at 131.155 Fibo Up or Down:Fibo is Green Up Notes: D1 Chart is in this current candle 4 Horsemen for the Up with Parabolic uptrend. Price go down and bounce off between Green Fibo 38.2 and 23.6 ************************ 4 Hour Chart ROMAR:Resistance EMA:Resistance PSAR:Resistance Check List Last DB/SAR AttachmentB Bottom and SAR TOP...
While I'm thinking about it HappyFaces, take a very close look on your Notes for each chart and tell me what you are seeing?

Notes: D1 is uptrend, EMA has cross purple, market open above smooth
Notes: H4 Downtrend, with white cross purple
Notes: H2 is downtrend, with Green fibo and 4 horsemen downtrend

What I see on the three charts when you pulled the trigger is between a rock and a hard place in which I call a rabbit's cage.
The Dove - Forex Trainer
  • #12,384
  • Nov 28, 2017 11:03pm Nov 28, 2017 11:03pm
Dove quoted:
"The steps are creating a trading plan every single trading day. You execute your trading plan and matters not if you was right or wrong with your trading plan. What does matter is if you had learned something with your visual. You make one trade a day and that is it. This will give you time to study your previous trade. You develop your visual on every trade. You condition yourself in seeing the visual and not thinking about anything else. You will also condition yourself with the rules in the visuals. In other words - you do nothing but only study the visuals. Seeing is believing and in time you will be condition in seeing without thinking. Your subconscious mind will begin a development of a 180 degree turn from thinking to the visual. This is what you want. It is then your trading habits will develop a radical change from losing to winning."

Thanks Dove
I Will Never Give Up
  • #12,385
  • Nov 29, 2017 12:03am Nov 29, 2017 12:03am
Quoting dove_alliance
{quote} While I'm thinking about it HappyFaces, take a very close look on your Notes for each chart and tell me what you are seeing? Notes: D1 is uptrend, EMA has cross purple, market open above smooth Notes: H4 Downtrend, with white cross purple Notes: H2 is downtrend, with Green fibo and 4 horsemen downtrend What I see on the three charts when you pulled the trigger is between a rock and a hard place in which I call a rabbit's cage.

Yes dove_alliance, few minutes later after i post my trade, i just see that ROMAR Daily is going to stop me going down because the D1 is in Full Uptrend with 4 Horsmen for the Up, Parabolic already trending up and ROMAR is in a Green Fibo Level.

In H2 in that moment was Red Fibo and thinking that the price can go to reach the 100 fibo level and then Flip to Green.

But already take my notes... I shouldnt be in a trade right now because For the UP, H4 H2 can stop me... and in other hand ROMAR in Daily can stop me.

I was going to post this but i was waiting to write it in my evaluation and i just leave and comeback to my computer and see your post.

Im correct about my "pre-evaluation"?


And thinking about the All Day Red News, that is my decision... I can say that i dont know... i want the safest decision, can i ask you what is your decision? (If in there was a setup for a good trade)
  • #12,386
  • Edited 2:35am Nov 29, 2017 2:18am | Edited 2:35am
Consolidation is the easiest and not the trend and so I take advantage of consolidations. I learned a lot of garbage from the past. I really thank God and making Dove his messenger. Through paradox I learned to become a professional trader and trade consolidations. Through all those trials and tribulations and having it all to being broke again in trading. Until finally when I humbled myself, paradox was a gift and my fortune from the heaven's above. There will never be any system like this in the history of Fx. Only the paradox will beat the market and can rob the banks legally. I will forever be grateful to the one trader who lead me to Dove and he is also a filipino like me and the one of the elite who Dove trained to be a great trader (wayback Dana use skype to teach his students). Unfortunately, I never heard from this guy for a very long time I asked people around about him and where he was the last thing I know is he has a heart problem. I might probably will never see him again here in this world but maybe in the next. Thank you dove for your generosity and kindness. I lean not on my own understanding, my life is in the hands of the maker of heaven and so Im thankful to Jesus for my fortune which is the paradox.
To reach that level of determination is a matter of the will.
  • #12,387
  • Nov 29, 2017 7:34am Nov 29, 2017 7:34am
Quoting OliveBranch
And again Date: EURJPY 0800 Sydney Time ......Entry: Short at new Daily open bar. {image}
Evaluation:
Stayed focused upon & within the Parabolic Trend of the 3 lower timeframes. The Daily was not confirmed Parabolic Up. Saw that there was a good chance of a SAR to attach to the H2 Parabolic Down Trend in my plan. Which would have brought TP more in line or higher than the DB/SAR/Diverg Support, however - When the H4 had a confirmed Parabolic Down with an H2 open at Smooth whilst H2 ROMAR was Support & Resistance I figured this was an entry with the Down Parabolics and an adjustment for entry was made.

Observed prior to entry it would be midway (ie: in the centre of the H1 White x Purple & where the approx H2 Parabolic was located) between H1 S/R levels.
A choice needed to be made & i deferred to what the H2 chart was showing me regarding open at Smooth Resistance at ROMAR S/R with the H4, H2, H1 Parabolics Down. Observed the Lower BB to be a probable Target - & in this regard, i see the Fibo has since flipped up/green on my H2 when bars close to reaching the Lower BB.

Had to leave the trading station during Red News announcement. Decision required to be made to
a) close trade many many hours earlier than Red News - or
b) let it ride to 40/40 rule.
Choose to let the trade run its’ course.

TP40 taken from the market with a touch more risk than was necessary.
Entry was premature - early to dinner.
Best entry - should have waited for the SAR at the Parabolic for the Short as per the original plan before the adjustment was made.

Dove says to minimise risk to 95% risk free. This trade was at increased risk of >5% risk due to the Daily ROMAR Support & TP being miles under DB/SAR+Diverg. I’m not sure what the risk percentage would be considered to be, but suffice to say that it was at increased risk & therefore is not ideal for entry.
Have recently revisited the distinctions between Parabolic Trend & which Trend has the power - Parabolic or ROMAR in certain scenario - and an attempt was made to make use of this aspect of learning and may have got the distinctions the wrong way around in my understanding. More study required.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-11-28 at 2017-11-29 10.29.43 pm H2 Final.png Size: 88 KB
If you make up your own rules then the story is sad.....
  • #12,388
  • Nov 29, 2017 8:05am Nov 29, 2017 8:05am
Quoting HappyFaces
{quote} Yes dove_alliance, few minutes later after i post my trade, i just see that ROMAR Daily is going to stop me going down because the D1 is in Full Uptrend with 4 Horsmen for the Up, Parabolic already trending up and ROMAR is in a Green Fibo Level. In H2 in that moment was Red Fibo and thinking that the price can go to reach the 100 fibo level and then Flip to Green. But already take my notes... I shouldnt be in a trade right now because For the UP, H4 H2 can stop me... and in other hand ROMAR in Daily can stop me. I was going to post this...
Learn2Fly had posted a posting I had made to do with visuals. I had read your trading plan and then looked at your entry with my charts and right away I had seen your mistake. All because of my visuals with ROMAR on each chart. The Daily had the power for the up BUT - the economic high impact release had pretty much put you on a non-trading day. Maybe after a year of trading a live account your intuition will graduate into learning how to trade those release. Until then you stay out of those releases.

OK - I got to go and be back later this evening.
The Dove - Forex Trainer
  • #12,389
  • Nov 29, 2017 8:42am Nov 29, 2017 8:42am
Quoting HappyFaces
Date:29 November 2017 00:00 Broker TIME ALL DAY EUR RED NEWS Daily ROMAR:Support EMA:Support PSAR:Support Check List Last MACD 0 Crossing:Up Last EMA Alert Arrowown Last DB/SAR AttachmentB/SAR Bottom at 131.155 Fibo Up or Down:Fibo is Green Up Notes: D1 Chart is in this current candle 4 Horsemen for the Up with Parabolic uptrend. Price go down and bounce off between Green Fibo 38.2 and 23.6 ************************ 4 Hour Chart ROMAR:Resistance EMA:Resistance PSAR:Resistance Check List Last DB/SAR AttachmentB Bottom and SAR TOP...
-11pips i shouldnt be trading because the NEWS and the Support-Resistances power.
  • #12,390
  • Nov 29, 2017 10:40am Nov 29, 2017 10:40am
Quoting shinny
What other rules can anyone mention?
Hi Shaun, on this trade I would say;

1. Outer BB hit will return to EMA
2. ROMAR crossing rule - if crossed it will return and cross the other way
3. Market hit 100.0 red fibo at the bottom and then fibo flipped to green 0.0 for the Up
4. Gold Divergence attached with DBSAR at bottom whilst being anti-ROMAR, sure sign of reversal

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #12,391
  • Nov 29, 2017 11:07am Nov 29, 2017 11:07am
Quoting Andiroo
{quote} Hi Shaun, on this trade I would say; 1. Outer BB hit will return to EMA 2. ROMAR crossing rule - if crossed it will return and cross the other way 3. Market hit 100.0 red fibo at the bottom and then fibo flipped to green 0.0 for the Up 4. Gold Divergence attached with DBSAR at bottom whilst being anti-ROMAR, sure sign of reversal Cheers, Andy
Andy

Exactly.

Cheers
Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,392
  • Nov 29, 2017 6:07pm Nov 29, 2017 6:07pm
Date:30 November 2017 00:00 Broker Time5:00am EUR RED NEWS 8:30am USD RED NEWS

Daily
ROMAR:Support
EMA:Support
PSAR:Support

Check List
Last MACD 0 Crossing:Up
Last EMA Alert Arrowown
Last DB/SAR AttachmentB/SAR Bottom at 131.155
Fibo Up or Down:Fibo is Green Up

Notes:
D1 is in Full Uptrend

****************************

4 Hour Chart
ROMAR:Support
EMA:Support
PSAR:Support

Check List
Last DB/SAR AttachmentB Bottom and SAR TOP last candle
Fibo Up or Down:Fibo is Red Down

Notes:
H4 is in Full Uptrend in current open candle.

********************************

2 Hour Chart
ROMAR:Support
EMA:Support
PSAR:Support

Check List
Last MACD 0 Crossing:Up
Last EMA Alert Arrow:Up
Last DB/SAR AttachmentB SAR at Top last candle
Fibo Up or Down:Fibo is Green

Notes:
H2 is in Full Uptrend

**************************

1 Hour Chart
ROMAR:Support
EMA:Support
PSAR:Support

Check List:
Last MACD 0 CrossingUp
Last EMA Alert Arrow:Up

Notes:
H1 is in Full Uptrend

***************************

Final Notes for all 4 Charts:
We are in Full Uptrend in all the Charts.
Im going to buy in Support H2 when price go to EMA - SAR - Parabolic
Right now Price is at Purple in D1 and H2, I don’t know if this is a Long Set up, but im going to wait for the EMA - SAR - Parabolic.
If the price in H4 were at Purple too, I buy… but have 18 pips of space. So im going to wait for my confirmation in support.

Entry:
Consolidation:
Long:
Short:
  • #12,393
  • Edited Nov 30, 2017 2:15am Nov 29, 2017 8:03pm | Edited Nov 30, 2017 2:15am
TRADING PLAN
Date: 29/11/2017

News : EUR 10.00 GMT

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing : Up
Last EMA Alert Arrow : Up
Last DB Attachment: DB attached at Bottom 131.159
Fibo up or down:Fibo is Green/Up

Notes: D1 is uptrend, market has retrace to purple and return to trend

4 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Last DB Attachment: DB attached at Top 131.713
Fibo up or down: Fibo is Red/Down

Notes: Uptrend with Fibo Red

2 HR:

ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: DB attached at Top 132.940 with Magenta divergence below FIbo 100
Fibo up or down: Up

Notes: H2 is Uptrend, with Green fibo and DB attached on top with magenta divergence

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Fibo up or down: Red

Notes: Uptrend with Red fibo at fibo 0

Final Notes : All charts 4 horsemen is uptrend, with H4 and H1 fibo red, H2 and D1 fibo green but below fibo 100, DB on H2 confirm the trend

Projected Entry : Wait for SAR detach from H2 DB and connect to Support
Consolidation:
Long: Entry when SAR attached to H2 support for return to DB trend
Short: After readjustment, short at Fibo 100, and D1 SAR, fibo 61.8
Notes for readjustments: D1 SAR attached on top 133.176 with fibo 61.8 (after my entry, DB appear above SAR with divergence) , H2 market reach fibo 100 and will flip to red

Entry :
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 11-30-17 at 02.04 PM.PNG Size: 77 KB
I Will Never Give Up
  • #12,394
  • Edited 12:49am Nov 30, 2017 12:34am | Edited 12:49am
Good morning Dana, Good morning traders
Here is my trading plan for today

Date: 30.11.2017 06:00 GMT+1

News: 11:00 GMT+1 Red news

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - Down
Last DB Attachment – at 131.386 SAR 131.155
Fibo Red

Notes: Daily opened above Purple, EMA crossed white at previos bar and heading to Smooth for the up crossing, Market is at 50.00 FIBO support, Consolidation market

4H
ROMAR - Support
EMA - Support
PSAR - Support
Check List
DB Attachement at 132.935
FIBO – Red
Notes: 4 horsemen up, Fibo Red, Magneta Divergance attached with DB/SAR above 23.6 FIBO, EMA crossing smooth for up.
2 HR:

ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - Up
Last DB Attachment – 132.941
Fibo - Green

Notes: 4 Horesmen up, FIBO Green, Market at 00. BB upper band open to north, 2h is uptrend

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - Up
Fibo - Red

Notes: 4 horsemen up, Fibo red, Market at 0.0 FIBO Resistance

Final Notes: On all charts ROMAR, EMA, PSAR are Support, 4 horsemen support, Daily and 2h FIBo are Support (Green), 2h BB wide open to north ,
Consolidation Market.
Entry: I will go Long after retracement to Support or when the SAR dettached from DB to bottom at 2H chart.

Long:
Short:

Adjustment on Plan:
Still learning the Paradox
  • #12,395
  • Nov 30, 2017 2:01am Nov 30, 2017 2:01am
PLAN 30/11/2017 9.30 am -LONDON

NEWS:
12:00pm EUR - CPI Flash Estimate y/y
3:30pm - USD Unemployment Claims


Daily
Romar: Support
EMA: Support
PSAR: Support,
DBSAR:down at 131.155
fibo: green
MACD: Up
EMA Arrow: Up
Notes: 4 horsemen UP -trend UP. Price is at 61.8 Fib

H4
Romar: Support
EMA: Support
PSAR: Support
fibo: red - Price passed Fibo 0.0 and retraced
Notes: 4 Horsemen UP . DB attached to correct candle top at 133.29 . UPTREND

H2
Romar: support
EMA: Support
PSAR: Support
DB :TOP of current candle
fibo: Green - price above 100.0
MACD: UP
EMA Arrow UP
Notes: 4 horsemen up. We are in an uptrend. far from support
H1
Romar: Supprt
EMA: Support
PSAR: Support
fibo: Red
MACD: Down
EMA Arrow:Up
Notes: 4 horsemen pointing UP

Final notes: Strong uptrend on all charts. Market is stalling at previous high (100.0 Fib)

Entry: Will go long when market will go back to a 2H support.
Attached Image (click to enlarge)
Click to Enlarge Name: 3011EURJPYproH2.png Size: 72 KB
  • #12,396
  • Nov 30, 2017 3:15am Nov 30, 2017 3:15am
Hi Pipon, have you checked your bar count?

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #12,397
  • Nov 30, 2017 4:05am Nov 30, 2017 4:05am
Quoting learn2fly
TRADING PLAN Date: 29/11/2017 News : EUR 10.00 GMT Daily: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD 0 crossing : Up Last EMA Alert Arrow : Up Last DB Attachment: DB attached at Bottom 131.159 Fibo up or down:Fibo is Green/Up Notes: D1 is uptrend, market has retrace to purple and return to trend 4 HR: ROMAR - Support EMA - Support PSAR - Support Last DB Attachment: DB attached at Top 131.713 Fibo up or down: Fibo is Red/Down Notes: Uptrend with Fibo Red 2 HR: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD...
Result : +40
Self evaluation : WOW its my first win trade, i hope i trade according to the rule, at first i want to long because H2 fibo 100 still not reached, but after H2 fibo 100 reached, and i see D1 SAR attached on fibo 61.8 then i go short.
after my entry, D1 SAR became DB at divergence attached on it. Should i short when D1 DB and divergence? or can i do like what my trade did?
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 11-30-17 at 05.02 PM.PNG Size: 73 KB
I Will Never Give Up
  • #12,398
  • Nov 30, 2017 4:16am Nov 30, 2017 4:16am
Hi Febri,

Was tracking this entry this morning....IMHO the next candle was the entry as the H2 fibo flipped red for the down, plus Daily DB attached....however it was only one H2 candle before red news, which as it happens only made +21 pips 5 mins before announcement. I would class this as a risky trade against the rules?

HTH

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #12,399
  • Nov 30, 2017 4:16am Nov 30, 2017 4:16am
Quoting maritu
Good morning Dana, Good morning traders Here is my trading plan for today Date: 30.11.2017 06:00 GMT+1 News: 11:00 GMT+1 Red news Daily: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD 0 crossing - Up Last EMA Alert Arrow - Down Last DB Attachment – at 131.386 SAR 131.155 Fibo Red Notes: Daily opened above Purple, EMA crossed white at previos bar and heading to Smooth for the up crossing, Market is at 50.00 FIBO support, Consolidation market 4H ROMAR - Support EMA - Support PSAR - Support Check List DB Attachement at 132.935 FIBO...
Took Long at price 132.738 after SAR detached from DB
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2 30.11.png Size: 97 KB
Still learning the Paradox
  • #12,400
  • Nov 30, 2017 4:18am Nov 30, 2017 4:18am
Quoting Andiroo
Hi Febri, Was tracking this entry this morning....IMHO the next candle was the entry as the H2 fibo flipped red for the down, plus Daily DB attached....however it was only one H2 candle before red news, which as it happens only made +21 pips 5 mins before announcement. I would class this as a risky trade against the rules? HTH Cheers, Andy
Yes andi, i've just realized my mistake
I forgot to close trade 5m before EUR news
And like you said, it is safer to entry when fibo flipp
Thanks for your input.
I Will Never Give Up
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