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Attachments: The Paradox System
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The Paradox System

  • #14,801
  • Dec 5, 2018 1:58pm Dec 5, 2018 1:58pm
Trading plan 05/12/2018
Economic news : No red news.

Daily
ROMAR - resistance
EMA - support
Parabolic - resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment - botttom at 127.607
Fibonacci - green
Notes: Both arrow are pointing down. Parabolic flipped for down and purple crossed smooth but ema is still support. BB downer band and fibo 23.6 are supports at 127.500. Last DB attached at 127.607. Market is in ranging mode with DB attachment.

H4
ROMAR - resistance
EMA - resistance
Parabolic - resistance

Checklist:
Last DB Attachment - bottom at 127.607
Fibonacci - green
Notes : 4horsemen is down. DB attached at the bottom with green fibo. Romar and 61.8 are resistances at 128.650.

H2
ROMAR - resistance
EMA - resistance
Parabolic - resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment - bottom at 127.607
Fibonacci - green
Notes: 4horsemen is down. DB attached at the botttom with both divergence. Next DB/SAR will be at the top. Fibo is up. Romar and 61.8 are resistances at 128.650.

H1
ROMAR - resistance
EMA - resistance
Parabolic - resistance (eliminated)

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - up
Notes: Purple crossed smooth and new candle opened over ema. Both arrows are pointing up.

FİNAL NOTES: Everthing is pointing down butwe are in ranging scenario on daily. Market created DB at the bottom with blue divergence on d1. As you can see that market moves between 129.286 and 127.607. Fibo is up on all chart. Romar is resistance on all chart but ema is still support on d1. On this scenario we should buy from bottom and sell from the top. Last DB attached at the bottom on h2 and h4 so next DB/SAR will be at the top. I could go long with new daily candle but i missed the entry so i will wait market hit supports on h2 chart.

Entry: Market hit fibo 23.6 support and i entered long

Attached Image (click to enlarge)
Click to Enlarge Name: h2 giriş.png Size: 69 KB


Self Evaluation: Tp hit. It was not good trade because i missed the best entry which was opening new daily candle at 127.809. However, i checked romar resistance which was at 128.650 and DB/SAR didn't attach at the top so i had pips to go long. Why i took a long? Because, market is in ranging mode on daily chart so i entered long from the bottom.
  • #14,802
  • Dec 5, 2018 7:32pm Dec 5, 2018 7:32pm
Quoting eyesonme
{quote} I decided to go long from this opened candle as EMA green arrow showed up with purple already crossed white so we also have PSAR eliminated. Finally there are enough 40 pips room to ROMAR for the long. {image}
Result: TP hit 40+

Market hit my TP point and pull back right there. H2 Romar resistance is too strong to be broken.

I don't consider it is a good trade. Took too long to TP and with many up and down until TP reached
  • #14,803
  • Dec 5, 2018 9:09pm Dec 5, 2018 9:09pm
Quoting dove_alliance
{quote} I forgot one other thing. I have mention it over and over again - the H1 IS NOT A TRADING CHART.
but i remember when i read the pass thread, there are 3 templates: 1hr, 2hr, and daily, for 3 timeframe sychorinize. See the 2hr trend, and trade from 1hr chart.

Below was the teaching:

The Paradox System has 3 charts; 1 hour, 2 hour, and the Daily. You do not need any chart below the 1 hour, or above the Daily. The 1 hour is your trading chart. The 2 hour is reference in changing of trends. The Daily is reference for long term trend and reference with support and resistance.

May there is improved version? So now we need to check 4 charts instead of 3, and we are trading which timeframe chart?

I have read from beginning at least 2 times, still try to consolidate all the knowledge, however the 2 hour timeframe template is headache for me, i still cant get it right. Hope someone can help me, many thanks!

Appreciate master Dove Alliance effort to teach us, the Nov result is scary! How can it be no draw down and 100 % winning rate? There is Holy Grail exist ! lol
  • #14,804
  • Dec 5, 2018 10:13pm Dec 5, 2018 10:13pm
Quoting alicekang88
{quote} but i remember when i read the pass thread, there are 3 templates: 1hr, 2hr, and daily, for 3 timeframe sychorinize. See the 2hr trend, and trade from 1hr chart. Below was the teaching: The Paradox System has 3 charts; 1 hour, 2 hour, and the Daily. You do not need any chart below the 1 hour, or above the Daily. The 1 hour is your trading chart. The 2 hour is reference in changing of trends. The Daily is reference for long term trend and reference with support and resistance. May there is improved version? So now we need to check 4 charts...
You said you had spent the last 2 years in studying - If so then you had not spent your time studying beyond this statement above. The reason is because the H4 was included with the system and had eliminated the H1 as a trading chart. Good luck.
The Dove - Forex Trainer
  • #14,805
  • Dec 6, 2018 1:55am Dec 6, 2018 1:55am
EURJPY Date: 06/12/18

News:11:00 pm (gmt+8) ISM Non-Manufacturing PMI (USD)

Daily
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Check List:
Last MACD 0 Cross: Down
Last EMA arrow: Down

Notes: EMA crossed Purple and changed to resistance, PSAR flipped for the downtrend also. All 4HMs are down

4 HR:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Notes: Market in an upswing consolidation against ROMAR downtrend

2 HR:
OPEN PRICE: 128.390

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB/SAR Attachment: DB/SAR at the bottom at 127.694
Fibo up or down: fibo is up

Notes: With Purple crossed EMA and PSAR flipped, H2 are in heavily downtrend

1 HR:
ROMAR - Resistance
EMA Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrowown
Fibo up or down: Down

Notes: Purple crossed white to slow down the downward movement, market retraced back to H1 PSAR resistance

Final Notes: For all 4 charts, H1 in consolidation up, H2 down, H4 in consolidation and Daily down

Entry:I will look for a chance to enter short off resistance. The next SAR attached on H2 or H2 ROMAR would be a good resistance to enter back to the downtrend.
  • #14,806
  • Dec 6, 2018 2:11am Dec 6, 2018 2:11am
Eventhough i cant fix the time issue on H2, but with my understanding on ROMAR, Purple, White, Yellow, PSAR, Fibo, i think below are the good entry if based on H1 as trading chart.

H1 touch Fibo 61.8 of retrace, touch the PSAR, H1, H4, D1 are all downtrend, i decided to go short. SL 40p, TP 40p.
Place of SL is nicely above the Romar of H1.

Will see how it goes, welcome to correct me if i am wrong.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: H1 EJ.png Size: 212 KB
Click to Enlarge Name: H4 EJ.png Size: 191 KB
Click to Enlarge Name: D1 EJ.png Size: 212 KB
  • #14,807
  • Dec 6, 2018 3:22am Dec 6, 2018 3:22am
Trading plan 06/12/2018
Economic news : OPEC Meetings
Daily
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Last DB Attachment down at 127.607
Fibonacci red
H4
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Last DB Attachment down at 127.607
Last SAR Attachment top at 128.479
Fibonacci green
H2
ROMAR resistance
EMA - resistance
Parabolic- resistance
Checklist:
Last DB Attachment down at 128.479
Fibonacci green
H1
ROMAR - - resistance
EMA - - resistance
Parabolic - resistance
Fibo green Downtrand. Rules enter resistance input (merge EMA and smooth H2)
Attached Image (click to enlarge)
Click to Enlarge Name: Н2 06,12,18.JPG Size: 195 KB
Either I will find a way, or I will make one...
  • #14,808
  • Dec 6, 2018 3:26am Dec 6, 2018 3:26am
Sorry for the late publication. Summed up the computer
ТР +40 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 06,12,2018 ТР.JPG Size: 217 KB
Either I will find a way, or I will make one...
  • #14,809
  • Dec 6, 2018 8:00am Dec 6, 2018 8:00am
Quoting alicekang88
Eventhough i cant fix the time issue on H2, but with my understanding on ROMAR, Purple, White, Yellow, PSAR, Fibo, i think below are the good entry if based on H1 as trading chart. H1 touch Fibo 61.8 of retrace, touch the PSAR, H1, H4, D1 are all downtrend, i decided to go short. SL 40p, TP 40p. Place of SL is nicely above the Romar of H1. Will see how it goes, welcome to correct me if i am wrong. {image} {image} {image}
I will say thins one time and prayerfully you will understand.

Before you do any trading your charts MUST BE CORRECT and none of them are correct. You are not set up correctly with the right broker, the right resolution, you do not change anything on the charts and you do not trade without a trading plan. The only thing you will do now is set up your charts which is the H1, the H2, the H4, and the Daily CORRECTLY with the right broker. You cannot trade these charts as they are now.

Everything you will need to set up correctly is on this thread. You will spend all of your time reading and learning from this moment on until you have everything correct. If you post another trade without a trading plan I will ignore you.
The Dove - Forex Trainer
  • #14,810
  • Edited 10:20pm Dec 6, 2018 10:18am | Edited 10:20pm
Quoting eyesonme
EURJPY Date: 06/12/18 News:11:00 pm (gmt+8) ISM Non-Manufacturing PMI (USD) Daily ROMAR: Resistance EMA: Resistance PSAR: Resistance Check List: Last MACD 0 Cross: Down Last EMA arrow: Down Notes: EMA crossed Purple and changed to resistance, PSAR flipped for the downtrend also. All 4HMs are down 4 HR: ROMAR: Resistance EMA: Resistance PSAR: Resistance Notes: Market in an upswing consolidation against ROMAR downtrend 2 HR: OPEN PRICE: 128.390 ROMAR: Resistance EMA: Resistance PSAR: Resistance Check List: Last MACD 0 crossing: Down Last EMA Alert...
I decided to go short at this candle since Sar showed up attached to H2 PSAR with confluence of H4 EMA resistance
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2.png Size: 65 KB
  • #14,811
  • Dec 6, 2018 8:01pm Dec 6, 2018 8:01pm
Quoting eyesonme
{quote} I decided to go long at this candle since Sar showed up attached to H2 PSAR with confluence of H4 EMA resistance {image}
Result: Tp hit in just 2 hours - 40+

I did exactly as the plan today and market gave up the pips easily in less than 2hours.

Thank you Dove for this wonderful system and wonderful style of teaching. I feel like Im getting back to College for another degree, the one that will change my life completely.
  • #14,812
  • Dec 6, 2018 8:10pm Dec 6, 2018 8:10pm
Quoting alicekang88
Eventhough i cant fix the time issue on H2, but with my understanding on ROMAR, Purple, White, Yellow, PSAR, Fibo, i think below are the good entry if based on H1 as trading chart. H1 touch Fibo 61.8 of retrace, touch the PSAR, H1, H4, D1 are all downtrend, i decided to go short. SL 40p, TP 40p. Place of SL is nicely above the Romar of H1. Will see how it goes, welcome to correct me if i am wrong. {image} {image} {image}

https://www.forexfactory.com/showthr...1#post11092821
  • #14,813
  • Dec 6, 2018 9:10pm Dec 6, 2018 9:10pm
Quoting dove_alliance
{quote} I will say thins one time and prayerfully you will understand. Before you do any trading your charts MUST BE CORRECT and none of them are correct. You are not set up correctly with the right broker, the right resolution, you do not change anything on the charts and you do not trade without a trading plan. The only thing you will do now is set up your charts which is the H1, the H2, the H4, and the Daily CORRECTLY with the right broker. You cannot trade these charts as they are now. Everything you will need to set up correctly is on this...
Thanks i appreciate your reply and not ignore me.
I will make sure they are right, as i hope to get more of master attention, to improve.
  • #14,814
  • Dec 6, 2018 9:11pm Dec 6, 2018 9:11pm
Quoting doddy
{quote} https://www.forexfactory.com/showthr...1#post11092821
Thanks for your kindness, now i can get a new broker to get it right !
  • #14,815
  • Edited 10:03pm Dec 6, 2018 9:14pm | Edited 10:03pm
1) Understood we need to look at 4 timeframe now, however which template i should put into H4?

2) The DB is stands for ... ? I can guess the meaning is like the swing high?

3) So H2 is the trading chart?

Pls help to check if my chart is correct as below:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EJ H1.png Size: 160 KB
Click to Enlarge Name: EJ H2.png Size: 149 KB
Click to Enlarge Name: EJ Daily.png Size: 141 KB
  • #14,816
  • Dec 7, 2018 12:12am Dec 7, 2018 12:12am
Quoting alicekang88
1) Understood we need to look at 4 timeframe now, however which template i should put into H4? 2) The DB is stands for ... ? I can guess the meaning is like the swing high? 3) So H2 is the trading chart? Pls help to check if my chart is correct as below: {image} {image} {image}
It would help you a lot if you started studying the system from page 1.
Don't be afraid; just believe.
  • #14,817
  • Dec 7, 2018 12:22am Dec 7, 2018 12:22am
Quoting alicekang88
1) Understood we need to look at 4 timeframe now, however which template i should put into H4? 2) The DB is stands for ... ? I can guess the meaning is like the swing high? 3) So H2 is the trading chart? Pls help to check if my chart is correct as below: {image} {image} {image}
Looking at your H2 and Daily charts, it appears you yourself must have changed the display to candlestick rather than bar. Any reason why - for one thing, that is not as per the templates provided by Dove ... !
Enter Signature
  • #14,818
  • Dec 7, 2018 2:04am Dec 7, 2018 2:04am
Quoting alicekang88
1) Understood we need to look at 4 timeframe now, however which template i should put into H4? 2) The DB is stands for ... ? I can guess the meaning is like the swing high? 3) So H2 is the trading chart? Pls help to check if my chart is correct as below: {image} {image} {image}
https://www.forexfactory.com/showthr...82#post9709882

Learn from his hardwork.
  • #14,819
  • Dec 7, 2018 2:22am Dec 7, 2018 2:22am
EURJPY Date: 07/12/18

News:09:30 pm (gmt+8) Unemployment Rate & Non-farm (USD)

Daily
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Check List:
Last MACD 0 Cross: Down
Last EMA arrow: Down

Notes: All 4 HMs are down with market going downward

4 HR:

ROMAR: Resistance
EMA: Resistance
PSAR: Support

Notes: PSAR just flipped to support. SAR showed up near ROMAR resistance and retraced down

2 HR:
OPEN PRICE: 128.260

ROMAR: Resistance
EMA: Support
PSAR: Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB/SAR Attachment: DB/SAR at the top at 128.414
Fibo up or down: fibo is up

Notes: DB/SAR attached to fibo 61.8 and right above ROMAR resistance, market retraced down right after that and opened at smooth. Purple at white for crossing

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

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

Notes: Market opened at EMA with a red EMA arrow showed up. Purple at white for crossing

Final Notes: Market continue the ranging up and down with ROMAR trend is still down on H2. Daily also in downtrend with all 4HMs down.

Entry:Market in ranging mode so we trade from top to bottom and vise versa. I decided to go short right at EU market open candle with DB/SAR attached at H2 61.8 fibo and market opened at smooth. In confluence, we have daily purple and H4 ROMAR as our next resistances and Daily still in downtrend. Finally, we have a red EMA arrow showed up in H1.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2.png Size: 66 KB
  • #14,820
  • Dec 7, 2018 4:33am Dec 7, 2018 4:33am
Quoting alicekang88
1) Understood we need to look at 4 timeframe now, however which template i should put into H4? 2) The DB is stands for ... ? I can guess the meaning is like the swing high? 3) So H2 is the trading chart? Pls help to check if my chart is correct as below: {image} {image} {image}
Alice, there is no better way to learn this system than just exactly how Dove suggests, like WE ALL HAVE TO DO. All your questions will be answered in the 741 pages, its amazing but you have to study it properly. Dont change your candles or anything on the templates or it will stuff it up.

Blessings and enjoy the 6 mth journey as we all are.

Anne
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