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The Paradox System

  • #13,181
  • Feb 9, 2018 7:38am Feb 9, 2018 7:38am
Quoting galactico
{quote} Very important thanks jakdan!! So I have the PSAR flip one candle before and no green LL Fibo box. is this because laptop?
i believe so......?


mine is also off a laptop, however i check it every morning from my main work station to make sure all is correct as it does sometimes show a different bar count etc.

Cheers Ant
Stop killing our Oceans, Stop using single use plastics.
  • #13,182
  • Feb 9, 2018 7:46am Feb 9, 2018 7:46am
Ok. Eventually I took +40. My Trading Plan has already been posted. Here is entry.

Entry: Short, 10 Minutes before new Bar at London Open, (@ Daily 23.6 Fibo, H4 EMA Resistance). 40 SL 40 TP
Self-Evaluation: Followed Trade Plan and played out as expected, but next time more patience is called for, as SAR attached 5minutes after entry.
-Mark
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-02-09_0253entryII.png Size: 99 KB
  • #13,183
  • Feb 9, 2018 8:31am Feb 9, 2018 8:31am
You traders that went long did so breaking three major rules. The first one was pulling the trigger on top of resistance; and the second was not following the rule with the SAR. The 3rd rule was making excuses instead of searching for your mistake in why it was a bad trade. The trade should had been off support instead of resistance or waited on the SAR. Keep breaking the rules and the Paradox will keep taking you down. If you don't know the rules then it is time to study and learn each and every rule of trading.
The Dove - Forex Trainer
  • #13,184
  • Feb 9, 2018 8:35am Feb 9, 2018 8:35am
I suggest strongly for those who are having problems in studying Mark, Ant, and Andy's trading plans and entries. All three followed the rules and got their trades without any problems.
The Dove - Forex Trainer
  • #13,185
  • Feb 9, 2018 9:12am Feb 9, 2018 9:12am
Here is my Final notes on my trading plan:

Final Notes for all charts: The 3 lower charts are showing a full blown downtrend. But also – all three charts are showing a stopper at the 132.925 along with the Daily showing a double bottom. The 132.925 is holding support at the zero of the Fibo on the 3 lower charts. There are two prospective entries: One with the opening on the new daily for the Fibo flip going long – and two – wait on the SAR for an entry going short.

Notes for readjustments:

Entry: New Daily opening at 1900 had also flipped the Fibo for the up. With a strong Fibo support and a Double Bottom entered long at 133.207 looking at the H4 Purple as resistance for 40.

********************************************
The rule that applies for this trade is one I do not teach – it is called Market Correctness. The reason I do not teach it is because most traders do not recognize the power of the Fibo; or does not even know to use it properly. It has a lot to do with the market increments according to the bar spread on the charts; which is 40 with 39 showing, and using the right Fibo.

On a standard day of trading the increments on a 2 hour bar is roughly 30 pips. On a market that is being corrected can be as much as 100+ pips on a 2 hour bar. On a market that is correcting itself is when your 4 charts are being corrected in using the Fibo's. Once the correction has been complete is when your 4 Fibo charts are sync as they are now. And this correction had ended on the 1900 opening Daily bar turning Green which places all 4 Fibo charts Green for the UP.

As you notice there were two options for an entry after the correction. The reason is because the increments will also begin to widen from being so tight; and the charts will rally back in being standard which calls for a major consolidation.

So everyone knows – the correction began with last Friday's High and the Daily Fibo Red.
The Dove - Forex Trainer
  • #13,186
  • Feb 9, 2018 10:02am Feb 9, 2018 10:02am
Quoting dove_alliance
You traders that went long did so breaking three major rules. The first one was pulling the trigger on top of resistance; and the second was not following the rule with the SAR. The 3rd rule was making excuses instead of searching for your mistake in why it was a bad trade. The trade should had been off support instead of resistance or waited on the SAR. Keep breaking the rules and the Paradox will keep taking you down. If you don't know the rules then it is time to study and learn each and every rule of trading.
Thanks Dove the advice. You learn from your mistakes.........but must not repeat them. Good weekend everybody
It takes time
  • #13,187
  • Feb 9, 2018 10:19am Feb 9, 2018 10:19am
Quoting galactico
{quote} Thanks Dove the advice. You learn from your mistakes.........but must not repeat them. Good weekend everybody
You too -- have a great and blessed weekend. And over the weekend find sometime in contemplating the minimum of 6 months in learning how to trade the Paradox; and what it will take in leaning during those 6 months. Mistakes will be made over and over again until you finally find your edge. And that will take time with lots, and lots of studying.
The Dove - Forex Trainer
  • #13,188
  • Feb 11, 2018 6:42pm Feb 11, 2018 6:42pm
My Trading Plan: EURJPY

Date (Local): 12/02/2018
Time: Tokyo Open

Red News: No red news.

Daily:

ROMAR: Support
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 Cross: Down
Last EMA arrow: Down
Last DB attachment: Bottom at 131.976
Last SAR attachment: With and under DB
Fibo: Up/Green

Notes: Daily is now balanced with Purple with open on Purple. Last Friday created a LL with DB and Gold divergence. Market opened on 23.6 fibo.


H4:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last DB attachment: Bottom at 131.976
Last SAR attachment: Together with DB
Fibo: Up/Green

Notes: H4 in a full downtrend with market opened above Smooth on 23.6 fibo.


H2:

Day Open Price: 133.248
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 Cross: Up on current candle
Last EMA arrow: Down
Last DB attachment: Bottom at 131.976
Last SAR attachment: Together with DB
Fibo: Up/Green

Notes: H2 is in full downtrend. Market opened on EMA.


H1:

ROMAR: Resistance
EMA: Resistance
PSAR: Support (not fixed)

Checklist:

Last MACD 0 Cross: Up
Last EMA arrow: Up
Fibo: Up/Green

Notes: Market opened above EMA. White and Smooth crossed Purple for up. EMA about to cross Purple for up. Parabolic flipped on current candle but not fixed.


Final Notes: Daily is now balanced with the touch on Purple. Also Market opened on 23.6 fibo on Daily and H4. H2 opened on EMA but H1 is in upswing.

Entry for Long: ---

Entry for Short: Will be looking for short from resistance after H1 finishes it’s up swing.
  • #13,189
  • Feb 11, 2018 10:34pm Feb 11, 2018 10:34pm
Quoting Ronin303
My Trading Plan: EURJPY Date (Local): 12/02/2018 Time: Tokyo Open Red News: No red news. Daily: ROMAR: Support EMA: Resistance PSAR: Resistance Checklist: Last MACD 0 Cross: Down Last EMA arrow: Down Last DB attachment: Bottom at 131.976 Last SAR attachment: With and under DB Fibo: Up/Green Notes: Daily is now balanced with Purple with open on Purple. Last Friday created a LL with DB and Gold divergence. Market opened on 23.6 fibo. H4: ROMAR: Resistance EMA: Resistance PSAR: Resistance Checklist: Last DB attachment: Bottom at 131.976 Last SAR attachment:...
Entry: Entry made for short at 133.580 for 40/40 on open candle after SAR attachment on H2.

Attached Image (click to enlarge)
Click to Enlarge Name: Entry EJ H2 2018-02-12-0600.png Size: 83 KB
  • #13,190
  • Feb 12, 2018 2:05am Feb 12, 2018 2:05am
Good Morning Everyone. Here is my first trade for the week. Very straightforward.
Warm Regards, Mark

DATE: 2-11-18 PAIR: EJ
DAILY:
ROMAR: Support
EMA: Resistance
PSAR: Resistance
4Horsemen: Sharp Down
Balance: FOUR bars out
Last MACD 0 Crossing: Dn
Last EMA Alert Arrow: Dn
Last DB Attachment: Bottom (outside of BB) with both Divergence lines, Up
Fibonacci: Up
Notes: Consolidated Downtrend: Purple will be at or cross ROMAR at Open & when this happens Full Downtrend will only be waiting on the EMA cross

H4:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
Last DB Attachment: Bottom, at BB with both Divergence lines
Fibonacci: Up
Notes: Downtrend: Mkt at Purple & 23.6 Resistance, DB Support & green box

H2:
ROMAR: Support Resistance
EMA: Support Resistance
PSAR: Support Resistance Eliminated
4Horsemen: Sharp Down
Balance: Yes
Last MACD 0 Crossing: Dn
Last EMA Alert Arrow: Dn
Last DB Attachment:
Fibonacci: Bottom @ BB with both Divergence Lns & green box
Notes: Downtrend: DB Support, PSAR Resistance

H1:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
4Horsemen: Purple crossed White, Up, moving toward Purple
Notes: Downtrend

Final Notes: For all intents and purposes a Full blown downtrend (waiting only on Daily Purple/EMA crosses) because daily is four bars out of balance I would expect a pullback or sideways to balance with as SAR hit on PSAR for Short entry into downtrend.

News: No news, JPY Bank Holiday

Notes for Readjustment: Daily balanced with new bar, H2& H4 SAR attached


Entry: Short @ 133.588, 11PM EST 40SL/40TP

Outcome: +40, Textbook, picture-perfect trade, Note: H4 SAR hit 2-3 hours before H2, entry was made at the opening of new bar with H2 SAR attached in direction of trend.

Self-Evaluation: Again, textbook. Pullback to Resistance = Entry, One Europe Opened it shot all the way down in a single bar
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-02-11_2320ENTRY.png Size: 101 KB
  • #13,191
  • Feb 12, 2018 2:12am Feb 12, 2018 2:12am
  •  toil
  • | Joined Oct 2017 | Status: BUSY LIFE TAKES ME AWAY FROM MY CHA | 65 Posts
Dear , this is my first trading plan post as per the advice of master DOVE after the fact.

Trading Plan: EURJPY
Date (Local): 12.02.18
Time: 06:20 after Tokyo Open

Red News: NO RED NEWS.
Daily Open: 133.248
Previous day HIGH: 134.17
Previous day LOW: 131.97
Total pips for previous day: about 217 pips

Daily:
ROMAR: Support
EMA: Resistance
PSAR: Resistance

Checklist:
Last MACD 0 Cross: Down
Last EMA arrow: Down about 6 candle ago
Last DB attachment: at Bottom with both divergence & lime green price tag on previous candle.
Last SAR attachment: on top with DB & with both divergence about 7 candle ago
Fibo: Green for up.
Notes: Market open just below daily purple & on 23.6 fibo. Smooth is about to cross ROMAR. 4HM are set for full down trend with ROMAR holding Support, next support is about 120 pips below.


H4:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:
Last MACD 0 Cross: --
Last EMA arrow:--
Last DB attachment: On Bottom with SAR & both divergence & lime green price tag at 00 fibo just above BB.
Last SAR attachment: On bottom.
Fibo: Green for UP
Notes: Romar & 4HM are totally down trend with DB/SAR attached on bottom at 00 fibo ( about 120 pips below) with fibo GREEN for up the market. Both BB’s are converging.

H2:

Day Open Price: 133.248
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
Checklist:
Last MACD 0 Cross: Down on 4 candle & also blinking on current candle for up
Last EMA arrow: Up previous candle.
Last DB attachment: on bottom with both divergence & lime green price tag at 00 fibo just above BB.
Last SAR attachment: At bottom with DB.
Fibo: Green for up
Notes: Market open just below the EMA. Romar with 4HM are in down trend. DB/SAR attachments are at bottom with both divergence & lime price tag as well as green fibo showing market up. Both BB’s are converging.

H1:

ROMAR: Resistance
EMA: Support / Resistance
PSAR: flipped for support

Checklist:
Last MACD 0 Cross: up
Last EMA arrow: Green for up about 7 candles ago.
Last DB attachment: On bottom at 00 fibo .
Fibo: Green for up.
Notes: Market open above EMA with 4HM are going to set for uptrend (and/or will be sliding under romar), with ROMAR holding Resistance.



Final Notes for all charts: Market is in Consolidation with daily romar. Daily 4HM set for downtrend with romar holding support. H4,H2 romar & 4 HM are totally down trend with H1 romar is down with 4HM are sitting for up (and/or will be sliding under romar). In all charts DB/SAR attachment & fibo showing for market up
Notes for Adjustments:
Entry for Long:

Entry for Short: Will go short from off resistance at H2 parabola with SAR attachment.
Entry: Short on open candle at 10:00 with H1 romar & H4 parabola, H2, H4 SAR & also daily white as resistance. Pulled the trigger with the against of ALL FIBO & DB for UP. H1, H2 & H4 charts BB are converging for a break out. H2 & H4 purple crossed white & about to cross SMOOTH for change of the trend and/or slide under EMA for the continuation of trend.
Result: Got +40 pips from the market.
Self Evaluation: Though H2, H4 smooth crossed purple was the indication to go long but the trend was down & according to our master lesson "Never Go against the trend".
Expecting evaluation from master DOVE.
Sorry for the fibo may be little bit change because i am not at my trading station.
Thanks
Toil
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYproH2 entry.png Size: 75 KB
Click to Enlarge Name: EURJPYproH2 result.png Size: 74 KB
  • #13,192
  • Feb 12, 2018 2:54am Feb 12, 2018 2:54am
Quoting Ronin303
{quote} Entry: Entry made for short at 133.580 for 40/40 on open candle after SAR attachment on H2. {image}
Result: TP hit (+40). Well, I see Mark and toil have already taken it. I think it was a good one.

Attached Image (click to enlarge)
Click to Enlarge Name: Result EJ H2 2018-02-12-0600.png Size: 81 KB
  • #13,193
  • Feb 12, 2018 7:12am Feb 12, 2018 7:12am
TRADING PLAN
Date: 2/12/2018

News: none

Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing : Down
Last EMA Alert Arrow : Down
Last DB/SAR Attachment: DB attached on bottom with both divergence
Fibo : Up

Notes: Market reached the balance by touching the purple, 4horsemen is downtrend, ROMAR holding as Support

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Last DB/SAR Attachment: SAR on top
Fibo : Up

Notes: H4 is downtrend with fibo up and SAR attached on top on EMA Resistance, White has crossed Purple

2 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Down
Last DB/SAR Attachment: SAR on top
Fibo : Up

Notes: PSAR has flipped to Up, EMA crossed Purple, 4horsemen up with ROMAR Resistance

1 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

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

Notes: EMA has crossed Purple to become in trend with ROMAR

Final Notes :
I'm late for the short from the SAR+PSAR, now i'm waiting for the market to turn again to downtrend, with H1 has turned, H4 still downtrend, and D1 4horsemen still in strong downtrend

Projected Entry:
Short when EMA has crossed purple down
I Will Never Give Up
  • #13,194
  • Feb 12, 2018 10:21am Feb 12, 2018 10:21am
Quoting learn2fly
TRADING PLAN Date: 2/12/2018 News: none Daily: ROMAR - Support EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing : Down Last EMA Alert Arrow : Down Last DB/SAR Attachment: DB attached on bottom with both divergence Fibo : Up Notes: Market reached the balance by touching the purple, 4horsemen is downtrend, ROMAR holding as Support 4 HR: ROMAR - Resistance EMA - Resistance PSAR - Resistance Last DB/SAR Attachment: SAR on top Fibo : Up Notes: H4 is downtrend with fibo up and SAR attached on top on EMA Resistance, White has crossed...
Entry:
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 02-12-18 at 11.17 PM.PNG Size: 66 KB

Note: H2 EMA has crossed purple according to my trading plan, Purple also has crossed Smooth
the fibo and spread is not correct because the screenshot taken from my laptop. When i come back home i will post the right one
I Will Never Give Up
  • #13,195
  • Feb 12, 2018 7:09pm Feb 12, 2018 7:09pm
My Trading Plan: EURJPY

Date (Local): 13/02/2018
Time: Tokyo Open

Red News: No red news.

Daily:

ROMAR: Support
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 Cross: Down
Last EMA arrow: Down
Last DB attachment: Bottom at 131.976
Last SAR attachment: With and under DB
Fibo: Up/Green

Notes: 4 horsemen are down. ROMAR is about to cross EMA for down. Market opened in between White and Smooth. DB connected on bottom last week and fibo is green.


H4:

ROMAR: Resistance
EMA: Resistance
PSAR: Support

Checklist:

Last DB attachment: Bottom at 131.976
Last SAR attachment: Top at 133.776
Fibo: Up/Green

Notes: SAR connected on top on last candle but parabolic was not there. Parabolic was flipped on last candle. 4 horsemen is up and EMA is about to cross Purple for up. It is probable that SAR will become DB to connect on top. Market opened above EMA.


H2:

Day Open Price: 133.510
ROMAR: Resistance
EMA: Support
PSAR: Support

Checklist:

Last MACD 0 Cross: Up
Last EMA arrow: Up
Last DB attachment: Top at 133.776 on last candle
Last SAR attachment: With and under DB
Fibo: Up/Green

Notes: 4 horsemen are up with DB and EMA against ROMAR resistance. Market opened on 61.8 fibo. There is about 70 pips in between ROMAR and Purple.


H1:

ROMAR: Resistance
EMA: Support
PSAR: Support

Checklist:

Last MACD 0 Cross: Up
Last EMA arrow: Up
Fibo: Up/Green

Notes: 4 horsemen are up against ROMAR. Market opened above ROMAR. Fibo 100.0 is on upper BB and within striking distance.


Final Notes: Lower TFs are turning for up. SAR on H4 connected with parabolic flipped to become DB. On H2 SAR already become DB. EMA crossed Purple for up on H2 and about cross on H4. Market is on support area on lower TFs and there is enough room to resistance.

Entry for Long: Will go long at open candle on H2 Purple or EMA.

Entry for Short: ---
  • #13,196
  • Feb 12, 2018 7:49pm Feb 12, 2018 7:49pm
Quoting learn2fly
{quote} Entry: {image} Note: H2 EMA has crossed purple according to my trading plan, Purple also has crossed Smooth the fibo and spread is not correct because the screenshot taken from my laptop. When i come back home i will post the right one
Result:-40pips
Self evaluation: i believe i had been anticipating and i should wait for H2 psar flipping for the short
I Will Never Give Up
  • #13,197
  • Feb 12, 2018 8:09pm Feb 12, 2018 8:09pm
TRADING PLAN
Date: 2/13/2018

News: none

Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing : Down
Last EMA Alert Arrow : Down
Last DB/SAR Attachment: DB attached on bottom with both divergence
Fibo : Up

Notes: Market open above white resistance, ROMAR still holding as support

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Support
Last DB/SAR Attachment: SAR on top
Fibo : Up

Notes: H4 is turning to up with PSAR flipped

2 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB/SAR Attachment: DB on top
Fibo : Up

Notes: 4horsemen up with ROMAR resistance, DB attached on top with divergence

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

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

Notes: H1 is consolidation with market between 4horsemen Support and ROMAR Resistance

Final Notes :
Market begin turing up with H4 has just flipped the PSAR, H2 and H1 in the position for Up with 4horsemen in sync, the only Resistance that hold the market right now is H1 ROMAR. I will wait for H2 retracement to PSAR for long or when H1 ROMAR has crossed EMA

Projected Entry:
Long at H2 Support
I Will Never Give Up
  • #13,198
  • Feb 12, 2018 8:09pm Feb 12, 2018 8:09pm
Quoting Ronin303
My Trading Plan: EURJPY Date (Local): 13/02/2018 Time: Tokyo Open Red News: No red news. Daily: ROMAR: Support EMA: Resistance PSAR: Resistance Checklist: Last MACD 0 Cross: Down Last EMA arrow: Down Last DB attachment: Bottom at 131.976 Last SAR attachment: With and under DB Fibo: Up/Green Notes: 4 horsemen are down. ROMAR is about to cross EMA for down. Market opened in between White and Smooth. DB connected on bottom last week and fibo is green. H4: ROMAR: Resistance EMA: Resistance PSAR: Support Checklist: Last DB attachment: Bottom at 131.976...
Entry: Long at 133.630 for 40/40. Entered long on open candle near H2 Purple. TP below H2 ROMAR and SL below H2 parabolic.

Attached Image (click to enlarge)
Click to Enlarge Name: Entry EJ H2 2018-02-13-0600.png Size: 83 KB
  • #13,199
  • Feb 12, 2018 9:43pm Feb 12, 2018 9:43pm
Let me clear this up with trades in a 24 hour period. That is 24 hours AFTER your last trade was completed (winner or loser). This means Ronin and Learn2fly your last trading plans are invalid. Learn to trade by the rules which includes the cool off period from one trade to another.
The Dove - Forex Trainer
  • #13,200
  • Feb 12, 2018 10:07pm Feb 12, 2018 10:07pm
Quoting learn2fly
TRADING PLAN Date: 2/13/2018 News: none Daily: ROMAR - Support EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing : Down Last EMA Alert Arrow : Down Last DB/SAR Attachment: DB attached on bottom with both divergence Fibo : Up Notes: Market open above white resistance, ROMAR still holding as support 4 HR: ROMAR - Resistance EMA - Resistance PSAR - Support Last DB/SAR Attachment: SAR on top Fibo : Up Notes: H4 is turning to up with PSAR flipped 2 HR: ROMAR - Resistance EMA - Support PSAR - Support Check List: Last MACD 0 crossing:...
Entry:
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 02-13-18 at 11.05 AM.PNG Size: 82 KB

Note:
H4 EMA has already crossed Purple for the Uptrend
H2 retrace to EMA Support
Enough pip to H2 ROMAR Resistance
I Will Never Give Up
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