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The Paradox System

  • #14,361
  • Edited 5:33am Sep 28, 2018 5:16am | Edited 5:33am
Hi Ronan,
Yep it would be appreciated if the more experienced folk added their input here, because what your analysis said sits well with my thoughts--My concern is I have never noticed any discussion on the larger moves such as the one you Identified--Hope that's correct.

I watch the Paradox swing Highs and Lows in all colors to help me see potential directions with intermediate turning points.

Couple that with DB and Magenta lines suggests to me that if we had a swing High ( H2)on Sep 25 @ 1400 hrs @133.10 (approx.) Dana says the next point will be a Low sometime in the future---and sure enough it happened @ 131.20 (approx) Sep 28th. @ 1000 hrs.

There are several signposts on the way down an I am not going into every swing check your own charts as I may have incorrect chart layouts.

Bollinger Band also figure in my analysis---Potential target areas????---

We have also been taught about Purple White n Smooth coupled with EMA positioning. Alerts etc etc

Rules is Rules mate as per Doves early teachings as I recall but then again I may have that wrong also

Checking the H4 n Dly charts with location of Paradox and it all looked positive for your trade---who knows as you said there is still a long way down to Romar on Dly.

These comments are from my understanding of what I think I know, from all the various posts here and Doves presentations.---and yet I cannot write up a trading plan as required by Dana, But my excuse is at my age i am allowed to guess at anything, but do not wish to mislead anyone.

Tread carefully or simply

CAVEAT EMPOR small DOVE'S lest the Eagle descend from above.---Don't take that seriously it's just a bit of online Ozzie Humour to finish the post:-)

Look forward to others comments on Ronins request for help.

Kind regards

ps Dana remove my post if it steps outside of your posting requirements
  • #14,362
  • Sep 28, 2018 6:03am Sep 28, 2018 6:03am
Quoting timetolearn
{quote} Entered short. {image}
Evaluations: Tp hit. It was not good trade. After i went short, market tried to go up but h4 ema stopped so it couldnt. I took my note so when i see 4horsemen and romar are tight, i will check h4 ema instead of pull the trigger.
  • #14,363
  • Sep 28, 2018 2:10pm Sep 28, 2018 2:10pm
Hello friends
I wanted to share my trades from this week. I wasn't going to as my entry's are not very good.
I will remove this post if you find it misleading or not a good example ect

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I was late by 14 pips on entry (As per plan). TP +74 pips

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Again late on entry by 20 pips (As per plan with adjustments). TP +40. A bad trade with 2h ROMAR where it was and DB on top

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Late by 10 pips. I hesitated at the open of 22:00 because the spread was still high. Closed this trade at +19 pips

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This was my best trade of the week with 40 pips to support. TP +40

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Too early if I had waited for the hit on EMA or the open of 08:00 with room to ROMAR (even tho it was still support) Closed Trade at Red news +32 pips

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On this trade my plan called for 50 pips to support for a safe trade of 40 pips. At entry I only had 45pips to support. I have to work on my timing and I should stick to the open of the Bar for entry. Shinny made a post saying 95% of his entry's are at the open for the bar. I should listen!
What I did next was pretty bad. I closed this trade at +17 As sar had appeared at 06:00

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Then I opened a long at the open of 08:00 For 20 pips tp. This was my worst trade of the week. Long into a full 2H downtrend. SL -43 pips

For this week +179pips Is good BUT looking back at it I only really had one good entry and most all my trades went -20 and more against me. If it wasn't for the 40pip SL in place protecting the trades things could be different.

I still have a ways to go as fear and greed have not been overcome

Have a good weekend everyone
Cheers
Devon
  • #14,364
  • Sep 30, 2018 5:03pm Sep 30, 2018 5:03pm
Trading plan 01/10/2018

Economic news : 17:00 (USD) ISM Manufacturing PMI (GMT+3)

Daily
ROMAR - support
EMA - support
Parabolic - support

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - down
Last DB Attachment - up at 133.120
Last SAR Attachment - bottom at 131.173
Fibonacci - red

Notes: Market hit fibo 23.6&parabolic support level and bounced up. Purple cross white for down but ema is still support.

H4
ROMAR - support
EMA - resistance
Parabolic - resistance

Notes : Last DB attachment hit BB downer and romar support at the bottom. Fibo changed colour from red to green. Ema is resistance but acting like support.

H2
ROMAR - resistance
EMA - support
Parabolic - support

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - up
Last DB Attachment - down at 131.173
Last SAR Attachment - up at 132.145
Fibonacci - green

Notes: Sydney opened at 132.000. Purple crossed ema for up but romar is still resistance. Ema and parabolic is holding market up.

H1
ROMAR - resistance
EMA - support
Parabolic - support

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - up

Notes: 4horsemen turned up but romar is still resistance.

FİNAL NOTES: Purple crossed smooth for down and macd is already down but ema is holding market up on daily. SAR attached at parabolic resistance on h4 chart. When sydney opened just under romar resistance, parabolic locked for up, so i will be long

Entry: looking for long from support
  • #14,365
  • Sep 30, 2018 5:07pm Sep 30, 2018 5:07pm
Quoting timetolearn
Trading plan 01/10/2018 Economic news : 17:00 (USD) ISM Manufacturing PMI (GMT+3) Daily ROMAR - support EMA - support Parabolic - support Checklist: Last MACD 0 Crossing - up Last EMA Alert Arrow - down Last DB Attachment - up at 133.120 Last SAR Attachment - bottom at 131.173 Fibonacci - red Notes: Market hit fibo 23.6&parabolic support level and bounced up. Purple cross white for down but ema is still support. H4 ROMAR - support EMA - resistance Parabolic - resistance Notes : Last DB attachment hit BB downer and romar support at the bottom. Fibo...
Entered long from purple support on h2.
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  • #14,366
  • Sep 30, 2018 9:08pm Sep 30, 2018 9:08pm
Date: 1 October 2018 7.00am GMT+7
News Releases:
9.00 pm USD Red News

Daily:
ROMAR Support
EMA Support
PSAR Support

Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Up
Last DB Attachment - Top 133.120
Last SAR Attachment - Bottom 131.173
Fibo - Down

Notes: Consolidation. EMA uptrend, Parabolic uptrend, Romar uptrend. EMA arrow up, MACD Down. DB attached to the top of the candle with normal divergence attached at 0 fibo. White and smooth crossed purple.


2 HR:
ROMAR Resistance
EMA Support
PSAR Support

Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - Up
Last DB Attachment - Bottom 131.173
Last SAR Attachment - Top 132.145
Fibo - Up

Notes: Consolidation. Parabolic uptrend with Romar holding Resistance. EMA is at purple. 4 Horsemen is in uptrend. Last DB was at Bottom with Lightblue and Gold Divergences. The SAR detached from DB. BB coming in tight and running inside Fibo. Fibo is Up.


1 HR:
ROMAR Resistance
EMA Support
PSAR Resistance

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

Notes: Parabolic uptrend, Romar downtrend. White cross purple.


Final Notes: Daily up, H2 down, H1 down. Market in consolidation. H2 in ranging mode and Upper BB running inside Fibo. The last attachment of DB was bottom and the next attachment will be on Top. I will look for LONG entry off Support in H2.


11.00am
Entry: LONG

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  • #14,367
  • Edited 11:50pm Sep 30, 2018 11:29pm | Edited 11:50pm
Quoting killerxover
Date: 1 October 2018 7.00am GMT+7 News Releases: 9.00 pm USD Red News Daily: ROMAR Support EMA Support PSAR Support Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Up Last DB Attachment - Top 133.120 Last SAR Attachment - Bottom 131.173 Fibo - Down Notes: Consolidation. EMA uptrend, Parabolic uptrend, Romar uptrend. EMA arrow up, MACD Down. DB attached to the top of the candle with normal divergence attached at 0 fibo. White and smooth crossed purple. 2 HR: ROMAR Resistance EMA Support PSAR Support Check List: Last MACD 0 crossing...
Sorry if I am wrong as I only started reading this topic two days ago, my comment is about what you mentioned regarding divergence, on the daily chart you said normal divergence, and on the 2H chart you also mentioned light blue divergence, my understanding is the Magenta and the light blue dashed lines are connecting the tops and bottoms of the swing and the green and the gold dashdotted lines are the only Paradox divergence,

The other comment is about the last EMA alert on the daily chart you mentioned up, but my understating it is down but it disappeared as the market retracted on Friday but the signal still valid.

please correct me if I am wrong, I still have 700 pages to read.
  • #14,368
  • Oct 1, 2018 4:45am Oct 1, 2018 4:45am
Quoting Sam79
{quote} Sorry if I am wrong as I only started reading this topic two days ago, my comment is about what you mentioned regarding divergence, on the daily chart you said normal divergence, and on the 2H chart you also mentioned light blue divergence, my understanding is the Magenta and the light blue dashed lines are connecting the tops and bottoms of the swing and the green and the gold dashdotted lines are the only Paradox divergence, The other comment is about the last EMA alert on the daily chart you mentioned up, but my understating it is down...
I don't know whether you have reached page 203 or not, but I think on that page, Dove explained more about divergence.

Regarding EMA arrow, as I understand it, if the arrow doesn't set in stone, then the previous arrow applied which was an Up arrow for EMA.

I might be wrong too, so maybe someone qualified could confirm this.
  • #14,369
  • Oct 1, 2018 7:14am Oct 1, 2018 7:14am
Quoting killerxover
Date: 1 October 2018 7.00am GMT+7 News Releases: 9.00 pm USD Red News Daily: ROMAR Support EMA Support PSAR Support Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Up Last DB Attachment - Top 133.120 Last SAR Attachment - Bottom 131.173 Fibo - Down Notes: Consolidation. EMA uptrend, Parabolic uptrend, Romar uptrend. EMA arrow up, MACD Down. DB attached to the top of the candle with normal divergence attached at 0 fibo. White and smooth crossed purple. 2 HR: ROMAR Resistance EMA Support PSAR Support Check List: Last MACD 0 crossing...
Result:
+6 pips. Trade was closed because of USD News Release.

Evaluation:
My entry was too early. I should have waited market to touch EMA for lower entry off Support. I also disregarded 38.2 Fibo that actually a good Support. This trade was 3 pips away from my TP. I still believe that market will go north with the power of Parabolic and EMA.
  • #14,370
  • Oct 1, 2018 11:03am Oct 1, 2018 11:03am
I smell greed and lack of faith. This type of trader that will not make it.


Quoting LuckyMind
Hello! I want to ask about Risk/Reward for this strategy. There was statement in first page: {quote} So if we have 40 SL and 40 TP - it means our R/R = 1. If we have 1 trade per day - we have 5 trades at weak (and it's only if we get signal for every day). Let's imagine it's 4 profit trades and 1 loss (and it would be a really amazing result), so we got +3 risks. 80/3 =~26. So our risk about 26% per trade? Want to ask traders, that have mastered this strategy - how many trade per month do you have in avarage, and also how many profitable of them?...
To reach that level of determination is a matter of the will.
  • #14,371
  • Oct 1, 2018 4:49pm Oct 1, 2018 4:49pm
Quoting timetolearn
{quote} Entered long from purple support on h2. {image}
Evaluation : Tp hit!

It was good trade because 4horsemen turned up on h4 and purple crossed ema for up on h2 so i went long. However, purple crossed smooth for down and macd was down on daily chart so it was a little bit risky trade. Anyway sydney opened at 132.032 and my entry was at 132.021. if it couldnt hit tp, i would close my trade 5 mins before red news. As a result, today i understood that we have to focus big picture.
  • #14,372
  • Oct 1, 2018 7:19pm Oct 1, 2018 7:19pm
Trading plan 02/10/2018

Economic news : 19.45 (USD) Fed Chair Powell Speaks (GMT+3)

Daily
ROMAR - support
EMA - support
Parabolic - support

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - down
Last DB Attachment - up at 133.120
Last SAR Attachment - bottom at 131.173
Fibonacci - red

Notes: New candle opened over ema support and purple cross smooth for down. Macd was already down.

H4
ROMAR - support
EMA - support
Parabolic - eliminated

Notes : 4horsemen is turning down purple crossed white so parabolic is eliminated but romar is still support.

H2
ROMAR - resistance
EMA - resistance
Parabolic - resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment - up at 131.728
Fibonacci - green

Notes: 4horsemen is down. Market is struggling fibo 38.2 level. Ema and parabolic is holding market down.

H1
ROMAR - resistance
EMA - resistance
Parabolic - resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down

Notes: 4horsemen turned down.

FİNAL NOTES: Purple crossed white so parabolic is eliminated and 4horsemen is turning down on daily. Market tested romar support 4 times and SAR attached romar support on h4. 4horsemen turned down and Fibo counterline is support on h2 but last candle broke it so i will be short.

Entry:looking for short from resistance.
  • #14,373
  • Oct 1, 2018 7:34pm Oct 1, 2018 7:34pm
Quoting timetolearn
Trading plan 02/10/2018 Economic news : 19.45 (USD) Fed Chair Powell Speaks (GMT+3) Daily ROMAR - support EMA - support Parabolic - support Checklist: Last MACD 0 Crossing - up Last EMA Alert Arrow - down Last DB Attachment - up at 133.120 Last SAR Attachment - bottom at 131.173 Fibonacci - red Notes: New candle opened over ema support and purple cross smooth for down. Macd was already down. H4 ROMAR - support EMA - support Parabolic - eliminated Notes : 4horsemen is turning down purple crossed white so parabolic is eliminated but romar is still...
Entered short from purple resistance.
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  • #14,374
  • Oct 1, 2018 11:16pm Oct 1, 2018 11:16pm
Quoting timetolearn
{quote} Entered short from purple resistance. {image}
Evaluation: Tp hit!

It was very good trade for me because market was stuck between romar and ema on h4. However daily opened just under purple resistance, ema support was tested many times and macd was down. 4horsemen was down on h1 and h2. That's why i went short and finally tp hit less than 4 hours.
  • #14,375
  • Oct 2, 2018 2:57pm Oct 2, 2018 2:57pm
Trading plan 03/10/2018

Economic news : 15:15 (USD)ADP Non-farm Employment Change (GMT+3)


Daily
ROMAR - support
EMA - support
Parabolic - eliminated

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment - bottom at 130.702
Fibonacci - red

Notes: Market went down 120 pips but parabolic didnt flip. We have 120 pips more till Romar support level. Purple crossed smooth for down and next daily candle purple will cross ema for down.

H4
ROMAR - support
EMA - resistance
Parabolic - resistance

Notes : 4horsemen turned down. Next candle ema will cross romar for down so romar will be resistance.

H2
ROMAR - resistance
EMA - resistance
Parabolic - resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment - down at 130.702
Fibonacci - green

Notes: 4horsemen is down. Ema is strong resistance so holding trend down. Market hit BB downer band and went back to the ema resistance and now is going back to fibo 0. Both divergence attached last DB at 130.702.

H1
ROMAR - resistance
EMA - resistance
Parabolic - eliminated

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down

Notes: 4horsemen is turning down.

FİNAL NOTES: We are in strong downtrend on h2 but romar is support on daily so we are in consolidation. I can take trade both ways however purple is first resistance on h4 chart. 4horsemen is really strong resistance on h2 chart and market can not stay over 4horsemen on h1 chart. Shortly i will be short because market has way more than 50 pips to go north.

Entry: looking for short…
  • #14,376
  • Oct 2, 2018 3:20pm Oct 2, 2018 3:20pm
Quoting timetolearn
Trading plan 03/10/2018 Economic news : 15:15 (USD)ADP Non-farm Employment Change (GMT+3) Daily ROMAR - support EMA - support Parabolic - eliminated Checklist: Last MACD 0 Crossing - down Last EMA Alert Arrow - down Last DB Attachment - bottom at 130.702 Fibonacci - red Notes: Market went down 120 pips but parabolic didnt flip. We have 120 pips more till Romar support level. Purple crossed smooth for down and next daily candle purple will cross ema for down. H4 ROMAR - support EMA - resistance Parabolic - resistance Notes : 4horsemen turned down....
Entered short from first resistance.
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  • #14,377
  • Oct 2, 2018 7:44pm Oct 2, 2018 7:44pm
Does anyone know why market suddenly went up drastically around 100 pips without any news release at that moment?
  • #14,378
  • Oct 2, 2018 8:01pm Oct 2, 2018 8:01pm
Quoting killerxover
Does anyone know why market suddenly went up drastically around 100 pips without any news release at that moment?
Looks like it was an unscheduled Italian budget release
IMHO
  • #14,379
  • Oct 2, 2018 8:09pm Oct 2, 2018 8:09pm
Date: 03/10/2018 Currency: Eur/Jpy

Market news: no red news

Daily:
ROMAR - support
EMA - support/resistance
PSAR - resistance (not confirmed)

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: bottom 130.702
Last SAR Attachment: bottom 130.702
Fibonacci: red

Notes: 4 horsemen turning down. Purple touch EMA and unconfirmed Psar Flip. MacD followed by EMA arrow and DB/SAR attached bottom with both divergences.

4 HR:
ROMAR - resistance
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: bottom 130.702
Last SAR Attachment: top unconfirmed 131.965
Fibonacci: green

Notes: 4 horsemen in downtrend. Sar at Psar will attach in an hour also confirming EMA crossing ROMAR and BB flattening. EMA Followed by MacD

2 HR:
OPEN PRICE - 131.210
ROMAR - resistance
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: top 131.965 unconfirmed for an hour
Last SAR Attachment: top 131.965 unconfirmed for an hour
Fibonacci: green

Notes: 4 horsemen turning for the up Unconfirmed Psar flip and purple about to touch EMA. DB/SAR about to attach up top with ROMAR resistance. EMA arrow followed by MacD

1 HR:
ROMAR - resistance
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Fibonacci: green fibo

Notes: 4 horsemen up. Price has broken ROMAR and should return back below. Green Fibo. MacD followed by EMA

Final Notes: Daily Ranging down. H4 in downtrend. H2 ranging up with ROMAR resistance. H1 Ranging up with Romar Resistance. I will be looking for a short from resistance.
Causa sui
  • #14,380
  • Oct 2, 2018 8:14pm Oct 2, 2018 8:14pm
Quoting The-Force
{quote} Looks like it was an unscheduled Italian budget release IMHO
We were in Daily ranging so we should of entered long anyway. Trading DB/SAR to DB/SAR. Thats if my understanding is correct.
Causa sui
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