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The Paradox System

  • #12,621
  • Dec 27, 2017 6:21am Dec 27, 2017 6:21am
Quoting sanna
{quote} Thank you Dana Am having serious issues with mt4 chart, i can't seem to update it to version 1709 mine is 1090, anyone who knows what i may be doing wrong? kind regards

S
https://charts.mql5.com/17/109/eurjp...-markets-4.png
  • #12,622
  • Dec 27, 2017 9:23am Dec 27, 2017 9:23am
Quoting kouchou
{quote} self review: +40 pips I wait to the purple cross EMA with parabolic flip , and also retrace to support area, But I think it's a little bit risk, I should wait the next open bar to make sure it's safe. {image}
Your charts are wrong. The spread is wrong. You did not apply the right SAR, and wrong broker. You need to go back to page one and set up your charts correctly
The Dove - Forex Trainer
  • #12,623
  • Dec 27, 2017 10:17am Dec 27, 2017 10:17am
Quoting sanna
{quote} Thank you Dana Am having serious issues with mt4 chart, i can't seem to update it to version 1709 mine is 1090, anyone who knows what i may be doing wrong? kind regars S
Hi,

Dana talks about windows version 1709.
You probably talk about MT4 version 1090. The latest version of MT4 is 1090.

Regarding your charts, it looks like you are missing the indicators, but hard to say without more information.
Maybe try to reinstall everything?
  • #12,624
  • Dec 27, 2017 11:01am Dec 27, 2017 11:01am
Quoting Pandakker
{quote} Hi, Dana talks about windows version 1709. You probably talk about MT4 version 1090. The latest version of MT4 is 1090. Regarding your charts, it looks like you are missing the indicators, but hard to say without more information. Maybe try to reinstall everything?
My guess would be he had not follow the instructions correctly. He has been a member since 2008 so he should know how to do it. Windows is not the problem.
The Dove - Forex Trainer
  • #12,625
  • Dec 27, 2017 11:12am Dec 27, 2017 11:12am
Quoting sanna
{quote} Thank you Dana Am having serious issues with mt4 chart, i can't seem to update it to version 1709 mine is 1090, anyone who knows what i may be doing wrong? kind regars S
Go to the paper clip on the top bar - click it and on the third entry is the Pardox_H4.zip template from the top; download it and install in your template folder. Bring up a new chart and timeframe it H4 and install the template.
The Dove - Forex Trainer
  • #12,626
  • Dec 27, 2017 11:46am Dec 27, 2017 11:46am
Quoting dove_alliance
{quote} Your charts are wrong. The spread is wrong. You did not apply the right SAR, and wrong broker. You need to go back to page one and set up your charts correctly
Thank u Dove,

I've resetup the mt4(version 950 ) and reintall the SAR , change broker to Forex.com. I wish everything is correct now. Now the H2 chart as below
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2.png Size: 70 KB
  • #12,627
  • Dec 27, 2017 12:08pm Dec 27, 2017 12:08pm
Quoting kouchou
{quote} Thank u Dove, I've resetup the mt4(version 950 ) and reintall the SAR , change broker to Forex.com. I wish everything is correct now. Now the H2 chart as below {image}
The version is MT4 Build 1090 - check your version again.
The Dove - Forex Trainer
  • #12,628
  • Dec 27, 2017 12:19pm Dec 27, 2017 12:19pm
Quoting dove_alliance
{quote} The version is MT4 Build 1090 - check your version again.
Thank u Dove,

this version 1090 as below, is that correct ?
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2a.png Size: 73 KB
  • #12,629
  • Dec 27, 2017 12:28pm Dec 27, 2017 12:28pm
Quoting kouchou
{quote} self review: +40 pips I wait to the purple cross EMA with parabolic flip , and also retrace to support area, But I think it's a little bit risk, I should wait the next open bar to make sure it's safe. {image}
OK - now that you have your system right let's go through your plan and entry. First - you do not trade live until you are 80% with the 40/40 rule on all your trades. Your trading plan was excellent. On entry you post your H2 chart with the ENTRY showing. Do not anticipate but learn to trade in the moment with an entry on a new bar. With your entry you include the rule(s) for your entry. If you trade the trend you will never lose. After the trade is completed you then do a self-evaluation on your trade for both winners and losers.

Other than you you are off on a good start.
The Dove - Forex Trainer
  • #12,630
  • Dec 27, 2017 12:32pm Dec 27, 2017 12:32pm
Quoting kouchou
{quote} Thank u Dove, this version 1090 as below, is that correct ? {image}
One bar too many. 40 spread with 39 showing. This is on all charts as to keep your Fibos honest. Other than that - everything else is correct.
The Dove - Forex Trainer
  • #12,631
  • Dec 27, 2017 12:40pm Dec 27, 2017 12:40pm
This is what your H4 should look like with the spread.

Whoops --- H2 not H4
Attached Image (click to enlarge)
Click to Enlarge Name: H2 _12-27-17.png Size: 75 KB
The Dove - Forex Trainer
  • #12,632
  • Dec 27, 2017 12:56pm Dec 27, 2017 12:56pm
Quoting dove_alliance
{quote} OK - now that you have your system right let's go through your plan and entry. First - you do not trade live until you are 80% with the 40/40 rule on all your trades. Your trading plan was excellent. On entry you post your H2 chart with the ENTRY showing. Do not anticipate but learn to trade in the moment with an entry on a new bar. With your entry you include the rule(s) for your entry. If you trade the trend you will never lose. After the trade is completed you then do a self-evaluation on your trade for both winners and losers. Other...

Thank u Dove.

I'll. keep studying. And follow the rules
  • #12,633
  • Edited 11:57pm Dec 27, 2017 11:23pm | Edited 11:57pm
TRADING PLAN
Date: 12/28/2017

News:

Daily:
ROMAR - S
EMA - S
PSAR - S

Check List:
Balance :
Last MACD 0 crossing : up
Last EMA Alert Arrow : up
Last DB Attachment: top at 134.958
Fibo up or down: down near 0

Notes: Daily still uptrend with 4 horsemen up. open market below Purple and White, purple near white , DB at top with divergence.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproDaily-1228.png Size: 69 KB

4 HR:
ROMAR - S
EMA - S
PSAR - S

Last DB/SAR Attachment: top at 134.958
Fibo up or down: down

Notes:
H4 is uprend with 4 horsemen up. now the market retrace to purple, romar back inside of BB.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH4-1228.png Size: 61 KB

2 HR:
ROMAR - S
EMA - S
PSAR - S

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: DB top at 134.958, SAR down at 134.544 above the parabolic in the open market..
Fibo up or down: down below 23.6.

Notes:
purple cross white, it's first stage of consolidation.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2-1228.png Size: 71 KB


1 HR:
ROMAR - S
EMA - S
PSAR - R

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Fibo up or down: down below 23.6

Notes:
EMA is near with purple, white, smooth, parabolic, and EMA is slide with purple before 4 bars. It needs some time to confirm slide or reverse.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH1-1228.png Size: 60 KB


Final Notes :
trend : Consolidation

Daily and H4 is up trend. In H2 chart, purple cross white, if EMA is cross purple, it come to consolidation, there should be oppportunity to short entry, but consider H4, the 4 horsemen up, it's high risk to short for 40 pips, for short, I have to make sure the parabolic flip and it has more 40pips to be safe . but if EMA slide with purple, It would back to uptrend, and also H1 is uptrend, then I'll go long.


Projected Entry :
Short ： EMA cross purple, and parabolic flips. entry at resistent.
long : EMA slide with purple, back to uptrend. entry at support .

rule :

  1. short entry, must have more than 40 pips. that's trade from top to bottom.
  2. patient to confirm EMA slide or reverse
  3. 40/40 loss or profit
  4. do not entry from the middle in consolidation

  • #12,634
  • Dec 28, 2017 11:00pm Dec 28, 2017 11:00pm
Quoting kouchou
TRADING PLAN Date: 12/28/2017 News: Daily: ROMAR - S EMA - S PSAR - S Check List: Balance : Last MACD 0 crossing : up Last EMA Alert Arrow : up Last DB Attachment: top at 134.958 Fibo up or down: down near 0 Notes: Daily still uptrend with 4 horsemen up. open market below Purple and White, purple near white , DB at top with divergence. {image} 4 HR: ROMAR - S EMA - S PSAR - S Last DB/SAR Attachment: top at 134.958 Fibo up or down: down Notes: H4 is uprend with 4 horsemen up. now the market retrace to purple, romar back inside of BB. {image} 2 HR:...
self review : not entry

I miss some point.
1. The daily open bar below the white, it would be possible turn to ranging mode. In consolidation , the DB/SAR is better indicatior. The best entry is when SAR attach at fibo 61.8, and that moment In H1 is ROMAR support .

2. When EMA slide with purple, at taht moment, it's too late for me.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2-1228 review.png Size: 85 KB
  • #12,635
  • Dec 29, 2017 9:09am Dec 29, 2017 9:09am
Quoting kouchou
{quote} self review : not entry I miss some point. 1. The daily open bar below the white, it would be possible turn to ranging mode. In consolidation , the DB/SAR is better indicatior. The best entry is when SAR attach at fibo 61.8, and that moment In H1 is ROMAR support . 2. When EMA slide with purple, at taht moment, it's too late for me. {image}
Your biggest problem is looking both ways for an entry which is a total distraction. On your trading plan you want to see the trend and focus totally on the trend for an entry. In this scenario the trend is up and your focus should also be with the uptrend for an entry from support. Looking at the H4 and H1 you would had seen your entry going long for a higher/high off support in the uptrend cycle.

You also have to remember in consolidation and ranging it is then about support and resistance.
The Dove - Forex Trainer
  • #12,636
  • Dec 29, 2017 10:26am Dec 29, 2017 10:26am
Quoting dove_alliance
{quote} Your biggest problem is looking both ways for an entry which is a total distraction. On your trading plan you want to see the trend and focus totally on the trend for an entry. In this scenario the trend is up and your focus should also be with the uptrend for an entry from support. Looking at the H4 and H1 you would had seen your entry going long for a higher/high off support in the uptrend cycle. You also have to remember in consolidation and ranging it is then about support and resistance.
Thank u Dove

I'm very grateful to you for your advice, you really give me a lot.
I'll keep studying and focus.
  • #12,637
  • Dec 29, 2017 12:34pm Dec 29, 2017 12:34pm
for newcomers, please read through everything.
Rules are quite a few, jot down everything.

Even after 5mths i cannot remember every rules by head. i just write on Word & read everything every morning with coffee, before i look at charts.

For example:
Today 10:00 candle: Rule - Always catch EMA cross purple within ROMAR trend,
i already had a SAR trade running but too good an opporunity to be missed.
Eventhough it was at risk near top fibo & looking back i never see market pass 135. i still took the trade. only 2 candles to TP.

i hope longevity is given to Mr Dove. for the world needs more good men.

Merry Christmas & Happy New Year everyone.
God bless Mr Dove & also Shaun helping everyone here.
  • #12,638
  • Dec 29, 2017 5:28pm Dec 29, 2017 5:28pm
Quoting kouchou
{quote} Thank u Dove I'm very grateful to you for your advice, you really give me a lot. I'll keep studying and focus.
As Dana has alluded too, you have a lot of promise. Make it easy on yourself. Your plans are pretty good. Your attitude is pretty good. Just keep doing what your doing with small improvements and you will be one of the successful one's (as Dana puts it lol).

Cheers

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,639
  • Dec 29, 2017 5:29pm Dec 29, 2017 5:29pm
Quoting St.wolF
for newcomers, please read through everything. Rules are quite a few, jot down everything. Even after 5mths i cannot remember every rules by head. i just write on Word & read everything every morning with coffee, before i look at charts. For example: Today 10:00 candle: Rule - Always catch EMA cross purple within ROMAR trend, i already had a SAR trade running but too good an opporunity to be missed. Eventhough it was at risk near top fibo & looking back i never see market pass 135. i still took the trade. only 2 candles to TP. i hope longevity is...
All the best Anthony.

Cheers

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,640
  • Dec 29, 2017 10:34pm Dec 29, 2017 10:34pm
Thank u Dove, Shaun, St.wolF and everyone

I believe it will be success by following master's rule but only studying hard. Although I still have long way to study. All of u are so kind for help me, I'm so appreciate, thanks a lot.

For the new year coming.
God blessing Dana, Shaun and everyone have happiness and health life.

Kuochou
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