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The Paradox System

  • #14,281
  • Sep 17, 2018 12:57am Sep 17, 2018 12:57am
Quoting Inphase
{quote} Hi SuchParadox, why has your chart only have 24 bars showing? The spread should be 39.
Sorry ,
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  • #14,282
  • Sep 17, 2018 5:42am Sep 17, 2018 5:42am
Quoting killerxover
This is my first trading plan posting here. Since I am reading until pages 360+, I will create a trading plan based on that time where 4H has not been included. So here is my plan, hope someone would help me to correct it if there are mistakes. Date: 17 September 2018 / 6.11 AM GMT +7 Session : Asian News: 16.00 medium and 17:00 low impact Daily: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD 0 crossing: Up Last EMA Alert Arrow: Up Last DB Attachment: Top 131.105 Last Sar Attachment: Top 131.105 Fibo up or down: Red Notes: Smooth...
Excellent trade , with an ideal entry, now make an evaluation.
  • #14,283
  • Sep 17, 2018 6:10am Sep 17, 2018 6:10am
Quoting SuchParadox
{quote} Excellent trade , with an ideal entry, now make an evaluation.
Thanks SuchParadox. Updated the evaluation.
I'm still learning and keep on reading pages to pages. One thing that I'm still unclear is about SAR that I posted previously. And just now, I noticed that SAR bump higher to next candle after a previous closed bar.

Hope that I will find the answer because I still think that SAR will not bump higher or lower on ended candle.
  • #14,284
  • Sep 17, 2018 6:28am Sep 17, 2018 6:28am
Quoting killerxover
{quote} Thanks SuchParadox. Updated the evaluation. I'm still learning and keep on reading pages to pages. One thing that I'm still unclear is about SAR that I posted previously. And just now, I noticed that SAR bump higher to next candle after a previous closed bar. Hope that I will find the answer because I still think that SAR will not bump higher or lower on ended candle.
In deep swings and changes of trends , the sar does bump to bring in the Db but in consolidation or complete uptrend/ downtrends, it is set in stone for a re-entry back into the trend. It just depends on the variables, learn the different variables then you don't have to keep worrying about the sar bumping. The sar is just one aspect of this system, you have to look at all the aspects and conditions to make a final decision, that's what the bigger picture is all about .
  • #14,285
  • Sep 17, 2018 6:32am Sep 17, 2018 6:32am
Quoting SuchParadox
EURJPY Date: 17/08/18 Yikes, I overslept! News: No Major impact news, with a JPY holiday. Daily: ROMAR – Support EMA - Support PSAR – Support Check List: Last MACD 0 crossing: up Last EMA Alert Arrow: up Last DB Attachment: 131.105 Magenta divergence/tag Fibo up or down: Notes: 4hm completely turned up with Romar uptrend, Market made a higher high last week Indicating a strong bullish sentiment with the Euro. Macd/psar are up. Fibo flipped down, but can’t be ruled out as a downtrend as the Db can still move higher, with no signs of consolidation...
Evaluation: Took 40 from the market. A straight forward trade, back into the main romar uptrend, My only fear was I missed the better entry due to over sleeping. However I had faith in what the paradox was telling me for the move back up. Killerxover had the ideal entry. And market did come back to retest h1 romar but thats all in hindsight. Anyway good trade by the rules.
  • #14,286
  • Sep 17, 2018 6:38am Sep 17, 2018 6:38am
Quoting killerxover
{quote} Thanks SuchParadox. Updated the evaluation. I'm still learning and keep on reading pages to pages. One thing that I'm still unclear is about SAR that I posted previously. And just now, I noticed that SAR bump higher to next candle after a previous closed bar. Hope that I will find the answer because I still think that SAR will not bump higher or lower on ended candle.
Plan, Entry and Result + Evaluation should be 3 separate post. Plan do not need any screen shot. Entry post should have H2 screen shot showing the entry and rules and adjustments should be mentioned if any. Result post should have results, broken rules and self evaluation and may have the H2 screen shot showing the trade.

As for the SAR... SAR will bump as you are seeing and it bumps according to the rule and when it meets its criteria it will be changed to DB. Just think about a simple thing... if the SAR acts like as you want to see it, should you enter an unlimited lot and make millions depending on only one indicator! What Dove said about SAR setting in stone includes other facts.
  • #14,287
  • Sep 17, 2018 7:01am Sep 17, 2018 7:01am
Quoting SuchParadox
{quote} In deep swings and changes of trends , the sar does bump to bring in the Db but in consolidation or complete uptrend/ downtrends, it is set in stone for a re-entry back into the trend. It just depends on the variables, learn the different variables then you don't have to keep worrying about the sar bumping. The sar is just one aspect of this system, you have to look at all the aspects and conditions to make a final decision, that's what the bigger picture is all about .
Yes, you are right that I should put other variables with the same weight as SAR for making decision. Thanks SuchParadox.
  • #14,288
  • Sep 17, 2018 7:12am Sep 17, 2018 7:12am
Quoting Ronin303
{quote} Plan, Entry and Result + Evaluation should be 3 separate post. Plan do not need any screen shot. Entry post should have H2 screen shot showing the entry and rules and adjustments should be mentioned if any. Result post should have results, broken rules and self evaluation and may have the H2 screen shot showing the trade. As for the SAR... SAR will bump as you are seeing and it bumps according to the rule and when it meets its criteria it will be changed to DB. Just think about a simple thing... if the SAR acts like as you want to see it,...
Thanks Ronin303 for your guide that posting plan, entry and result should be in 3 different posts. As I read until page 370+, I don't know that it should be in different post. Next time I will do like that way.

"Just think about a simple thing... if the SAR acts like as you want to see it, should you enter an unlimited lot and make millions depending on only one indicator! What Dove said about SAR setting in stone includes other facts."

Lol... If it is so simple, then every trader would be so rich. I guess that I should change my understanding about SAR.
  • #14,289
  • Sep 17, 2018 9:04pm Sep 17, 2018 9:04pm
Date: 18 September 2018 6.06 AM GMT+7

Market news: 14.15pm RED ECB President Draghi Speaks

Daily:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: Up 131.105
Last SAR Attachment: Up 131.105
Fibonacci: Red
Notes: 4 horsemen in Uptrend. Magenta Divergence attach at Top with DB/SAR. Daily in Uptrend.

2 HR:
OPEN PRICE – 130.679
ROMAR - Support
EMA - Support
PSAR - Eliminated - White cross Purple
Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: Bottom 130.315
Last SAR Attachment: Bottom 130.315
Fibonacci: red
Notes: a signal consolidation in H2 with White crossing Purple. SAR attached to bottom.


1 HR:
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Fibonacci: Red
Notes: 4Horseman is in downtrend and market touched ROMAR.

Final Notes: Market is in consolidated uptrend with White crossing purple in H2. In consolidation, Entry can be both ways, but risk factor for SELL is higher since only a signal of white crossing purple. So I will wait for better setup.
  • #14,290
  • Sep 18, 2018 2:55am Sep 18, 2018 2:55am
Quoting timetolearn
Trading plan 17/09/2018 Economic news : No red news Daily ROMAR - support EMA - support Parabolic - support Checklist: Last MACD 0 Crossing - up Last EMA Alert Arrow - up Last DB Attachment - up at 131.105 Fibonacci - red Notes: daily opened at purple support 4horsemen is support. H4 ROMAR - resistance EMA - support Parabolic - resistance Notes : fibo 23.6 and purple is resistance at 131.400 ema is acting as a resistance at 131.350 and romar support at 129.500. H2 ROMAR - resistance EMA - resistance Parabolic - resistance Checklist: Last MACD 0...
Evaluation: SL hit. My mistake was being short when romar is support on all charts. I realized that daily purple and h1 romar was strong support area and fibo 50 level on h2 chart. Besides, SAR attached at the bottom on h4 chart and both divergence attached with db at the bottom on h2 chart. So, i needed to wait for open candle over smooth or ema with purple crossing white to go long. Next time i will be careful.
  • #14,291
  • Sep 18, 2018 5:37am Sep 18, 2018 5:37am
Adjustment:
White, smooth & purple slide over EMA for continuance of uptrend. Last EMA arrow Green and MACD arrow Up.

Entry:
Long at 130.79 with 40/40

Attached Image (click to enlarge)
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  • #14,292
  • Sep 18, 2018 7:14am Sep 18, 2018 7:14am
Evaluation:
TP hit within 2 hours. I've waited for proper setup which was H2 White, Smooth & Purple slide over EMA for continuance of uptrend.
  • #14,293
  • Sep 18, 2018 12:55pm Sep 18, 2018 12:55pm
Quoting killerxover
Evaluation: TP hit within 2 hours. I've waited for proper setup which was H2 White, Smooth & Purple slide over EMA for continuance of uptrend.
Please quote your "Plan" post in your "Entry" post and quote your "Entry" post in your "Result" post. It would be easy to navigate to your plan and entry post.

Good trade by the way.
  • #14,294
  • Sep 18, 2018 1:04pm Sep 18, 2018 1:04pm
Quoting killerxover
Evaluation: TP hit within 2 hours. I've waited for proper setup which was H2 White, Smooth & Purple slide over EMA for continuance of uptrend.
I logged in to post my trade of today and saw your entry, pretty bang on similar to mine. Those are the best trades, in a single 2 hour candle in the direction of the Daily. In and out of the market with precision for +40. Nice trade
Never Give Up
  • #14,295
  • Sep 18, 2018 8:52pm Sep 18, 2018 8:52pm
Quoting Ronin303
{quote} Please quote your "Plan" post in your "Entry" post and quote your "Entry" post in your "Result" post. It would be easy to navigate to your plan and entry post. Good trade by the way.
Oopss... Sorry. Next time will quote my post.
  • #14,296
  • Sep 18, 2018 9:11pm Sep 18, 2018 9:11pm
Quoting Retrogue
{quote} I logged in to post my trade of today and saw your entry, pretty bang on similar to mine. Those are the best trades, in a single 2 hour candle in the direction of the Daily. In and out of the market with precision for +40. Nice trade
Thanks Retrogue. I pulled the trigger with confidence after the signal appear. The paradox system is very powerful, Thanks again to Dove.
  • #14,297
  • Sep 18, 2018 9:39pm Sep 18, 2018 9:39pm
Quoting killerxover
{quote} Thanks Retrogue. I pulled the trigger with confidence after the signal appear. The paradox system is very powerful, Thanks again to Dove.
There are no oops in being an Elite Trader. This means rules are to be applied accordingly as they have been written and posted throughout this thread. That means there will be no-more OOPS.
The Dove - Forex Trainer
  • #14,298
  • Sep 18, 2018 9:40pm Sep 18, 2018 9:40pm
Date: 19 September 2018 9.30 AM GMT+7

Market news:
6.50am JPY Trade Balance
Tentative JPY Monetary policy statement
Tentative JPY BOJ Policy rate
Tentative JPY BOJ Press conference
19.30 USD Building Permits, Housing Starts
20.00 EUR ECB President Draghi Speaks

Daily:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: Up 131.488
Last SAR Attachment: Up 131.488
Fibonacci: Red
Notes: 4 horsemen in Uptrend. Magenta Divergence attach at Top with DB/SAR.

2 HR:
OPEN PRICE – 131.121
ROMAR - Support
EMA - Support
PSAR - Eliminated (White cross Purple)
Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: Top 131.488
Last SAR Attachment: Bottom 130.904
Fibonacci: red
Notes: White and Smooth crossed Purple. EMA and MACD Are pointing Down. 4 Horsemen are consolidating.


1 HR:
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Fibonacci: Red
Notes: Purple, White and Smooth are very tight.

Final Notes: H2 is in consolidation for down swing waiting confirmation of EMA cross purple and PSAR flip. Today, there will be important News on JPY, so I will stay out from the market and will look forward on London Session.
  • #14,299
  • Sep 18, 2018 10:01pm Sep 18, 2018 10:01pm
Quoting dove_alliance
{quote} There are no oops in being an Elite Trader. This means rules are to be applied accordingly as they have been written and posted throughout this thread. That means there will be no-more OOPS.
Yes Sir! Sorry for the mistake and confusion to others. I will make it better for next post. I hope that one day I will become an elite trader just like you. Thanks for your generosity in sharing this system, I really appreciate it.

Anyway, I'm glad that you showed up and still visit this thread. I thought that I'm already late because it's almost 3 years since this thread was started.
Sorry for short notes in my trading plan, I'm not very well at writing descriptions in english because it's not my native language.
  • #14,300
  • Sep 19, 2018 2:29am Sep 19, 2018 2:29am
Hello all, I just want to understand what is the best time to trade Paradow, so you tell something about 9-10 pm to 4 am your trading time so for me is from NY open until LO open? Thank you
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