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The Paradox System

  • #12,921
  • Jan 22, 2018 5:37pm Jan 22, 2018 5:37pm
Quoting Cocklegend
{quote} Enter long with H2 PSAR flip and green arrow macd in sequence {image}
Self evaluation: +40 pips. Easy bread and butter trade like the other traders said.
  • #12,922
  • Jan 22, 2018 7:12pm Jan 22, 2018 7:12pm
  •  toil
  • | Joined Oct 2017 | Status: BUSY LIFE TAKES ME AWAY FROM MY CHA | 65 Posts
Quoting dove_alliance
{quote} With your issues on the charts is saying you haven't been studying in order to get the charts right. With work and your social life I would say you need to study the rules of trading The rules must be applied with the Trading Plans. Creating a trading plan without the rules will get you know where and you be wasing your time. So - go a head and create a plan according to the rules and we will go from there.
thanks master DOVE, i will follow your instruction, trading plan will be with the rules.
thanks
Toil.
  • #12,923
  • Jan 23, 2018 1:07am Jan 23, 2018 1:07am
Quoting Retrogue
{quote} Hi Andy, Yes exactly, as Dove said from the beginning, start with 1 or 2 entries and learn them off by heart and then start learning more. In time you can see the reversal setups happening many candles before it actually does and you know the rules if it changes. Same with more recognisable entries such as SAR hits in trend. Anyway, ban on entries until after the JPY news which means at least 5 am in the UK. I'll be trading London tomorrow. Early night for once
I took the same trade as you guys.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,924
  • Jan 23, 2018 3:35am Jan 23, 2018 3:35am
Wow that 8am candle was nuts

Full plan and entry will be posted once Im on break at work
Never Give Up
  • #12,925
  • Jan 23, 2018 4:32am Jan 23, 2018 4:32am
Quoting Retrogue
Wow that 8am candle was nuts Full plan and entry will be posted once Im on break at work
Certainly was Tom, I wussed out of that one - not like me!


Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #12,926
  • Jan 23, 2018 5:01am Jan 23, 2018 5:01am
Date: 22 Jan 2018 21:15 pm GMT

News Releases: JPY Tentative usually between 23:00 – 23:59 EST so 4am – 5am GMT. I will be looking to trade the London session tomorrow checking before the 8am candle.

Daily:
ROMAR – Support
EMA – Support
PSAR – Support

Check List:
Last MACD 0 crossing - up
Last EMA Alert Arrow - up
Last DB Attachment - down
Fibo down

Notes: Daily is in full blown uptrend. We have the DB down and the SAR up. Smooth/ EMA crossing for full blown trend. MACD up, fibo down.

2 HR:
ROMAR – Support
EMA – Support
PSAR – Support

Check List:
Last MACD 0 crossing - up
Last EMA Alert Arrow - up
Last DB Attachment - up
Fibo up

Notes: H2 is in a full blown uptrend – Romar, EMA and Parabolic . We have the DB attached running with the trend. Fibo up with MACD up. Horsemen are stacked up.

1 HR:
ROMAR – Support
EMA – Support
PSAR – Support

Notes: H1 full blown uptrend. We are starting to see sideways movement as the market dies down ahead of JPY tentative news release.
Final Notes: All charts are full blown uptrend. Support is everywhere on my plan. No entry will be taken by me until the London session following an entry ban until at least 5am GMT tomorrow. I expect to make adjustments in the morning.


Notes for readjustments:
Daily hit 23.6 support, still uptrend with purple at white. H2 uptrend with db following the trend from earlier SAR hit. 20 pips to top of fibo. macd lowering. white and purple crossed for next scenario, parabolic up with ema up. H1 reversal with romar up, parabolic resistance and ema resistace. Into consolidation because of H1. Depending on where H2 closes on this candle we could qualify for an automatic turn if purple and smooth stack correctly.. Check on distance to Romar. The uptrend will not end officially until parabolic flips. Consolidation so can go long and can go short. Not enough room to top of fibo to support a long entry at this time.

8am H2 candle didn't qualify for automatic turn, however candle did open at purple below smooth with purple crossing. In consolidation smooth is a weapon for entries. Over 40 pips to Romar in the moment for a swing down.


40 Gap? yes

Entry:

Short: In the moment trade. 8am London open candle, under smooth open with purple/ smooth cross for a swing down. 40+ to Romar support

Evaluation: This one happened very quickly, didn't even get the charts correct, ignore the fibo the aspect ratio is all wrong and sizing of the window is wrong for candles on this laptop. At the entry point the smooth/ purple cross was more defined. Trading during work hours remotely can be difficult for correct screenshots. Not sure if there was unexpected news for this H2 candle haven't checked if anything happened yet.

On another note, anybody got any other suggestions apart from teamviewer for remotely accessing the charts? I use a phone to access my laptop for placing the actual trades or trading PC with correct screen res with the Paradox loaded up from work. I'm finding teamviewer is too slow and sometimes fails to connect leaving me stuck. Open to any suggestions
Attached Image (click to enlarge)
Click to Enlarge Name: 20180123_083559.png Size: 353 KB
Never Give Up
  • #12,927
  • Jan 23, 2018 5:03am Jan 23, 2018 5:03am
I'm not sure.
I think its risky trade during JPY tentative news
There are Monetary policy statement, BOJ conference, and Kuroda speech on unscheduled news
I Will Never Give Up
  • #12,928
  • Jan 23, 2018 5:12am Jan 23, 2018 5:12am
Quoting learn2fly
I'm not sure. I think its risky trade during JPY tentative news There are Monetary policy statement, BOJ conference, and Kuroda speech on unscheduled news
The tentaive reacted overnight with the sar hit and as dove says if this happenes the press conf will not react. Hence why I stayed out till London open No other red news i can see in the calendar. I just trade the paradox as I see it with rules and if there is unscheduled news then so be it. Thats the catch with trading in the eur session
Never Give Up
  • #12,929
  • Jan 23, 2018 5:48am Jan 23, 2018 5:48am
Quoting Retrogue
{quote} The tentaive reacted overnight with the sar hit and as dove says if this happenes the press conf will not react. Hence why I stayed out till London open No other red news i can see in the calendar. I just trade the paradox as I see it with rules and if there is unscheduled news then so be it. Thats the catch with trading in the eur session
Yes amazing
You have shown how by mastering paradox we will be on the right direction with the news. Just like what dove and shinny have ever demonstrated
Thanks for you trading plan Tom
I Will Never Give Up
  • #12,930
  • Jan 23, 2018 7:05am Jan 23, 2018 7:05am
Quoting Retrogue
Wow that 8am candle was nuts Full plan and entry will be posted once Im on break at work
Impressive Tom! Appreciated the very detailed Trading Plan--and masterfully executed trade. With Andy, I too wussed out, not having nearly enough experience to touch that one. I did watch it all in real time and took my fair share of notes. Interesting I thought that the market reacted little at Frankfurt open and it wasn't till London that it went crazy (although during Frankfurt the paradox set itself up for what followed, and yes, showed the way).
BTW: for you traders unfamiliar with BOJ tentative news releases post 5,286 is a good review of the subject.
  • #12,931
  • Jan 23, 2018 7:13am Jan 23, 2018 7:13am
Quoting Therapsid
{quote} Impressive Tom! Appreciated the very detailed Trading Plan--and masterfully executed trade. With Andy, I too wussed out, not having nearly enough experience to touch that one. I did watch it all in real time and took my fair share of notes. Interesting I thought that the market reacted little at Frankfurt open and it wasn't till London that it went crazy (although during Frankfurt the paradox set itself up for what followed, and yes, showed the way). BTW: for you traders unfamiliar with BOJ tentative news releases post 5,286 is a good review...
I only really like these entries with smooth right under or over with the white purple crossing or smooth purple. This looks messy but as I said in the moment. It happened and there was a 40 gap to romar. In consolidation just gotta jump at it
Never Give Up
  • #12,932
  • Jan 23, 2018 7:18am Jan 23, 2018 7:18am
Quoting Retrogue
Date: 22 Jan 2018 21:15 pm GMT News Releases: JPY Tentative usually between 23:00 – 23:59 EST so 4am – 5am GMT. I will be looking to trade the London session tomorrow checking before the 8am candle. Daily: ROMAR – Support EMA – Support PSAR – Support Check List: Last MACD 0 crossing - up Last EMA Alert Arrow - up Last DB Attachment - down Fibo down Notes: Daily is in full blown uptrend. We have the DB down and the SAR up. Smooth/ EMA crossing for full blown trend. MACD up, fibo down. 2 HR: ROMAR – Support EMA – Support PSAR – Support Check List:...
Mr Tom
Your plans/trades/explanations are really really helpful. Seeing how somebody with experience (and success i think) in this system trades "in the moment" is so beneficial. There are 2 years of incredible data in this thread but it is not the same to back test or look at trades from months ago as to compare what somebody like you is doing and thinking today and to be able to compare to my thoughts and actions.
I hope to reach this level and help people in the future
Thank you
Chris
It takes time
  • #12,933
  • Jan 23, 2018 8:19am Jan 23, 2018 8:19am
This move everyone is talking about your H1 and H4 reference chart was showing the entry with the target. H1 was already set up for the moment with the Parabolic and the H4 ROMAR as the target with the SAR on top. The H2 was set up from another hit to the top with the DB/SAR. So it was already set up for the down; with the Daily SAR also set up for the down. Bottom line - it was going down no-matter what.
The Dove - Forex Trainer
  • #12,934
  • Jan 23, 2018 8:21am Jan 23, 2018 8:21am
Traders - you are in a ranging mode since last week.
The Dove - Forex Trainer
  • #12,935
  • Jan 23, 2018 12:35pm Jan 23, 2018 12:35pm
Quoting dove_alliance
This move everyone is talking about your H1 and H4 reference chart was showing the entry with the target. H1 was already set up for the moment with the Parabolic and the H4 ROMAR as the target with the SAR on top. The H2 was set up from another hit to the top with the DB/SAR. So it was already set up for the down; with the Daily SAR also set up for the down. Bottom line - it was going down no-matter what.
Hi Dove

Thank you for the explanation, can I check on H4 as I think there may be a difference in regards to DB/ SAR

I have a screenshot of H4 from before the tentative news last night showing the DB on top not SAR

I've been through the setup again, reloaded the template to make sure there isn't any corruption, would you mind confirming if its's correct or not?
Attached Image (click to enlarge)
Click to Enlarge Name: H4 when plan made.JPG Size: 175 KB
Never Give Up
  • #12,936
  • Jan 23, 2018 12:42pm Jan 23, 2018 12:42pm
Quoting Retrogue
{quote} Hi Dove Thank you for the explanation, can I check on H4 as I think there may be a difference in regards to DB/ SAR I have a screenshot of H4 from before the tentative news last night showing the DB on top not SAR I've been through the setup again, reloaded the template to make sure there isn't any corruption, would you mind confirming if its's correct or not? {image}
My friend --- the DB and SAR are running together as one unit in the ranging mode.
The Dove - Forex Trainer
  • #12,937
  • Jan 23, 2018 12:46pm Jan 23, 2018 12:46pm
Quoting dove_alliance
{quote} My friend --- the DB and SAR are running together as one unit in the ranging mode.
Thank you Dove

I just wanted to check there wasn't an issue with the indicators, thank you for confirming
Never Give Up
  • #12,938
  • Jan 23, 2018 12:54pm Jan 23, 2018 12:54pm
Quoting Retrogue
{quote} Thank you Dove I just wanted to check there wasn't an issue with the indicators, thank you for confirming
I'm sure I have brought it up a couple of times - when both the DB and SAR is running together as one unite then the market is ranging. The ranging will end when the SAR breaks loose.
The Dove - Forex Trainer
  • #12,939
  • Jan 24, 2018 6:00am Jan 24, 2018 6:00am
Hello Everyone, This will be my last trade for awhile. Tomorrow I travel half way across the continent to begin the process of moving my mother into an assisted living apartment. I will miss being at my charts and engaged with all of you on our Paradox journey.
Regards, Mark

Took +40 from the market.

DATE: 1-23-18 PAIR: EJ
DAILY:
ROMAR: Support
EMA: Support
PSAR: Eliminated
4Horsemen: White crossed Purple - Down
Balance: Yes
Last MACD 0 Crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: Bottom - Up with SAR on top - Down
Fibonacci: Down @ 23.6
Notes: Uptrend: Tension between DB and SAR keeping market moving sideways, EMA holding Support, SAR resistance

H4:
ROMAR: Support
EMA: Support & Resistance
PSAR: Resistance
Last DB Attachment: Bottom - Up
Fibonacci: Down
Notes: Consolidated Downtrend (Ranging): Romar holding Support, with PSAR flip it is now holding Resistance, White crossed Smooth at same time as Purple/EMA signaling a down move in keeping with PSAR trend, Purple has crossed EMA -Down

H2:
ROMAR: Support
EMA: Support & Resistance
PSAR: Resistance
4Horsemen: Purple crossed Whited - Up
Balance: 3 bars out
Last MACD 0 Crossing: Dn
Last EMA Alert Arrow: Up
Last DB Attachment: Bottom - Up
Fibonacci: Down @ 61.8
Notes: Consolidated Downtrend: Moving sideways between Romar Support and PSAR Resistance, Ranging with Romar running through center

H1:
ROMAR: Resistance
EMA: Support & Resistance
PSAR: Support
4Horsemen: Purple at Romar
Notes: Consolidate Uptrend: Ranging (Romar running through center)

Final Notes: Consolidated: Mkt presently center of Ranging, wait for movement to extremes and DB and/or SAR attachment, should SAR attach to H2 PSAR +40 to 100 fibo

News: Medium Eur @ 3-3:30—4. USD @ 10, High @ 10:30

Notes for Readjustment: Mkt continued moving sideways, H2 4 Horsemen bunching together below Romar/EMA/PSAR Resistance, SAR did not attach or hit PSAR but EMA at Romar for crossing down, H4 Purple also at Romar for crossing down

Entry: Short at Frankfurt Open (at H4 Purple & Daily EMA Resistance) 40 SL / 40 TP

Outcome: TP hit +40

Self-evaluation: The downward trend had been building and was significant. I had no fear of my SL being hit. My only concern was if the movement would break through the bottom of the fibo. However my TP was within the ranging levels on the H4, to say nothing of the Daily. So I trusted in what the Paradox was saying. Though I entered against the DB, with out a SAR to lead me down, I believe it was a good trade according to the rules.
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-01-24_0211entry.png Size: 85 KB
  • #12,940
  • Jan 24, 2018 8:26am Jan 24, 2018 8:26am
Quoting Therapsid
Hello Everyone, This will be my last trade for awhile. Tomorrow I travel half way across the continent to begin the process of moving my mother into an assisted living apartment. I will miss being at my charts and engaged with all of you on our Paradox journey. Regards, Mark Took +40 from the market. DATE: 1-23-18 PAIR: EJ DAILY: ROMAR: Support EMA: Support PSAR: Eliminated 4Horsemen: White crossed Purple - Down Balance: Yes Last MACD 0 Crossing: Up Last EMA Alert Arrow: Up Last DB Attachment: Bottom - Up with SAR on top - Down Fibonacci: Down @...
We will miss you Mark; that is for sure. I, for one, really appreciate your postings and pray for your safe journey. See you when you get back.
The Dove - Forex Trainer
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