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Attachments: The Paradox System
Exit Attachments

The Paradox System

  • #14,901
  • Dec 19, 2018 9:54am Dec 19, 2018 9:54am
Trading plan 18/12/2018
Economic news : FOMC Economic Projection. FOMC Statement, Federal Funds Rate, FOMC Press Conference
Daily
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Last SAR Attachment – top at 127,635
Fibonacci – green. Riders are pointing down
H4
ROMAR - resistance
EMA -
Parabolic -
Last DB Attachment – top at 128.3
Fibonacci – green.
H2
ROMAR – resistance
EMA – support
Parabolic- support
Checklist:
Last DB and SAR Attachment – top at 128.3
Fibonacci – green. H1 ROMAR - resistance
EMA - - support
Parabolic- support
Fibo –red. Consolidation. Rules for determining consolidation: 1: If one of the trading charts are not in sync with one another you are in consolidation. 2: If the Daily ROMAR/EMA are not sync with 1 and 2 hour charts you are in consolidation.
Rules for consolidation: a: The 2 hour is your trading/trend chart. b: Use the Daily Chart S/R as reference for consolidation. c: You can trade either short or long in consolidation. d: Trade from resistance to support and vice-versa. Do not trade from center in consolidation. e: Both upper and lower bands are resistance and support in consolidation.

I will sell from resistance Romar H2 and BB H2
Attached Image (click to enlarge)
Click to Enlarge Name: Н2 19,12,18.JPG Size: 187 KB
Either I will find a way, or I will make one...
  • #14,902
  • Dec 19, 2018 10:57am Dec 19, 2018 10:57am
Quoting Lakers
Session: London EUR/JPY Red News: None Daily Romar: Resistance EMA: Resistance Parabolic: Resistance EMA last arrow: DOWN, MACD: DOWN H4 Romar: Resistance EMA: Resistance Parabolic: Resistance H2 Romar: Resistance EMA: Resistance Parabolic: Resistance EMA last arrow: DOWN, MACD: DOWN H1 Romar: Resistance EMA: Resistance Parabolic: Resistance Daily (big picture) final note After the hit on 61.8 with SAR the market made a down swing and causing the Parabolic to flip to down with EMA Purple crossing. Notice only the hidden Divergence is showing at...
Result
-40 pips

Evaluation
Terrible trade. Selling at the bottom when the Daily is showing a triple bottom. And my entry did not have resistance confluences for the short.
TP location was awful.
  • #14,903
  • Dec 19, 2018 1:16pm Dec 19, 2018 1:16pm
I'm closed before red news +3 pips
Either I will find a way, or I will make one...
  • #14,904
  • Dec 20, 2018 2:48am Dec 20, 2018 2:48am
Trading plan 20/12/2018
Economic news : no
Daily
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Last DВ and SAR Attachment – down at 127,459
Fibonacci – green. Riders are pointing down
H4
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Last DB Attachment – down at 127.459
Fibonacci – green. Riders are pointing down
H2
ROMAR – resistance
EMA –resistance
Parabolic- resistance
Checklist:
Last DB Attachment – down at 127.459
Fibonacci – green. Riders are pointing down H1 ROMAR - resistance
EMA - - resistance
Parabolic- resistance
Fibo – green. Riders are pointing down
We are have consolidated downtrends because fibo green
Rules for downtrends: a: ROMAR and EMA must be in sync on both 1 and 2 hour to trade short.
b: The 1 hour is your reference chart with the 2 hour trend chart. c: Trades are made from the resistance area to go short.

I sell from resistance EMA H2
Attached Image (click to enlarge)
Click to Enlarge Name: Н2 20,12,18.JPG Size: 201 KB
Either I will find a way, or I will make one...
  • #14,905
  • Dec 20, 2018 3:11am Dec 20, 2018 3:11am
My plan for today:

DAILY PLAN – 20/12/18:
NEWS: no Red News
DAILY CHART:
ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance

NOTES:
4 hoursemen are down
Macd is down
Green FIBO market between 23.6 and 0.0
4 HOUR CHART:

ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance

NOTES:
4 hoursemen are down with Parabolic Flip on this candle
Green FIBO market is at 23.6

2 HOUR CHART:

ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance

NOTES:
4 hoursemen are down
Green FIBO market between 38.2 and 23.6

1 HOUR CHART:

ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance

Notes:
4 hoursemen are down
Green FIBO market between 38.2 and 23.6

Conclusion:
We have regular divergence on the last DB with gold attached which means continuation on the 2h.
Since the 1h closed above smooth we are in consolidation with the 2h
Will wait for a sync of the 1h for a sell

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at 2018-12-20 10-05-04.png Size: 44 KB
  • #14,906
  • Edited 7:58am Dec 20, 2018 4:00am | Edited 7:58am
Quoting Sinai
My plan for today: DAILY PLAN – 20/12/18: NEWS: no Red News DAILY CHART: ROMAR: Resistance EMA: Resistance Parabolic: Resistance NOTES: 4 hoursemen are down Macd is down Green FIBO market between 23.6 and 0.0 4 HOUR CHART: ROMAR: Resistance EMA: Resistance Parabolic: Resistance NOTES: 4 hoursemen are down with Parabolic Flip on this candle Green FIBO market is at 23.6 2 HOUR CHART: ROMAR: Resistance EMA: Resistance Parabolic: Resistance NOTES: 4 hoursemen are down Green FIBO market between 38.2 and 23.6 1 HOUR CHART: ROMAR: Resistance EMA: Resistance Parabolic: Resistance Notes: 4 hoursemen are down Green FIBO market between 38.2 and 23.6 Conclusion: We have regular divergence on the last DB with gold attached which means continuation on the 2h. Since the 1h closed above smooth we are in consolidation with the 2h Will wait for a sync of the 1h for a sell {image}
Entered Sell seeing confluence with Resistance on 4h, Daily and 2h and regular divergence with DB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at 2018-12-20 10-56-43.png Size: 45 KB
  • #14,907
  • Dec 20, 2018 4:34am Dec 20, 2018 4:34am
SL -40 pips
I do not understand the reason for the sharp rise of the market.
Yesterday was a blow to BB but there was no return to parabolic. Today flew through parabolic and Romar...
Please give a comment on these two inputs...
Either I will find a way, or I will make one...
  • #14,908
  • Edited 6:25am Dec 20, 2018 5:27am | Edited 6:25am
Quoting Iris2018
SL -40 pips I do not understand the reason for the sharp rise of the market. Yesterday was a blow to BB but there was no return to parabolic. Today flew through parabolic and Romar... Please give a comment on these two inputs...
If you look at the DB you will see the BB ranging, all you had to do was wait to get as close to the BB for entry or at the very least wait for the close of the candle as Dove keeps instructing, you would not be burnt. the early hit below Romar was also because of confluence factors on all charts, the fibo, psar, h4 romar daily 4hm. It was a good trade if it was outside of news. as for your trade , once you identify the range all you had to do was wait for the db high.

Quoting dove_alliance
{quote} You are not separating Trend from Ranging. When you are in a ranging mode the 4 Horsemen are not going to help you. This is when the DB/SAR has the control. If you are focus on White/Purple during the Ranging Mode then you will lose your entry.
Quoting dove_alliance
{quote} 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.
#
  • #14,909
  • Dec 20, 2018 8:15am Dec 20, 2018 8:15am
Thank you for the explanation
Either I will find a way, or I will make one...
  • #14,910
  • Dec 20, 2018 8:15am Dec 20, 2018 8:15am
Quoting Sinai
{quote} Entered Sell seeing confluence with Resistance on 4h, Daily and 2h and regular divergence with DB {image}
Result
+40 pips

Evaluation
Reason for entering were valid multiple factors but the bigger picture as SuchParadox stated, BB ranging, was unknown to me.
With this info, i also see that the line on my plan "We have regular divergence on the last DB with gold attached which means continuation on the 2h." is bollocks.
  • #14,911
  • Edited 9:20am Dec 20, 2018 9:07am | Edited 9:20am
The problem with you traders is not seeing the big picture. Thursday of last week you had a high on the H4 and dropped 120+ pips going into Friday. Opening Sunday you had the market moved to ROMAR resistance - turned and drop lower low with 80 pips . Turned and move another 60+ pips to ROMAR and dropped lower low 70 pips and turned again to ROMAR for another 80 pips. And this morning only one trader got it right for entry off ROMAR and go his 40.

I understand the High Impact releases going down - but what about the up movements? No excuses for the longs. You had a ranging mode swinging lower/high to lower/low and vice-versa. And so - how many times have I said never trade from center?
The Dove - Forex Trainer
  • #14,912
  • Dec 20, 2018 9:10am Dec 20, 2018 9:10am
Quoting qFish
Hi Dove, Thank you for the share. I'll try to test this on GBPJPY. I hope you don't mind, I'm used to candlesticks. This is my first trade. {image} Trade details: Trend was down Market bounced from PSAR and crossed EMA. Made the trade based on what I saw at the moment. Set SL to 40 pips. Set TP to next support (only 30 pips). Took a break, came back and noticed price moved in my favor. Added more trades as price action went (I start off with 0.5% target tp. If trade goes well I'll add up to 4% target.). Strategy: Trading with the trend off of the...
Yes - I do mind. The pair is E/J we trade on this thread and you will set up the system as required. If you do not want to follow the rules then don't waist your time.
The Dove - Forex Trainer
  • #14,913
  • Dec 20, 2018 9:26am Dec 20, 2018 9:26am
Quoting dove_alliance
{quote} Yes - I do mind. The pair is E/J we trade on this thread and you will set up the system as required. If you do not want to follow the rules then don't waist your time.
My Apologies. Will remove.
insanity: Doing the same thing over... and expecting different results -AE
  • #14,914
  • Dec 20, 2018 6:05pm Dec 20, 2018 6:05pm
Quoting robnanne
Dove, May we ask do you trade through the december january time period. Thanks Anne
Sorry Dove, I didnt word this correctly, Christmas New Year, period is quiet, but guess you follow the paradox rules and trade when its the right timing? In the past other systems told us not to trade when the big boys were not trading.

Anne
  • #14,915
  • Dec 20, 2018 6:52pm Dec 20, 2018 6:52pm
Quoting robnanne
{quote} Sorry Dove, I didnt word this correctly, Christmas New Year, period is quiet, but guess you follow the paradox rules and trade when its the right timing? In the past other systems told us not to trade when the big boys were not trading. Anne
Sorry Anne in missing your post. But to answer your question: I trade every trading day of the year except when the market is closed on Christmas and New years. There is always a trade from either resistance or support.
The Dove - Forex Trainer
  • #14,916
  • Edited 9:26pm Dec 20, 2018 8:10pm | Edited 9:26pm
Hello, would someone please confirm if these charts are correct? much appreciated

Cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1h.jpg Size: 368 KB
Click to Enlarge Name: 2H.jpg Size: 371 KB
Click to Enlarge Name: 4H.jpg Size: 367 KB
Click to Enlarge Name: 1D.jpg Size: 402 KB
  • #14,917
  • Dec 20, 2018 9:02pm Dec 20, 2018 9:02pm
Quoting Redbaron81
Hello, would someone please confirm if these charts are correct? much appreciated Cheers {image} {image} {image}
OK Redbaron - Each chart with The Paradox must be perfect in order for the system to work correctly. To begin with you are lacking the H4 chart and continue reading you will find when the H4 was brought into the system. This also includes the right resolution for your monitor which is 1600x900. Your spreed is lacking one bar on each chart. The spread is 39 and not 38. And lastly you need to be with the right broker with a demo. That is also talked about once you continue reading. I suggest reading the first 250 pages to gain the knowledge and wisdom on how to trade The Paradox. This is a minimum of 6 months in a learning process. So you know - The Paradox is not for everyone.
The Dove - Forex Trainer
  • #14,918
  • Dec 20, 2018 9:04pm Dec 20, 2018 9:04pm
Quoting dove_alliance
{quote} Sorry Anne in missing your post. But to answer your question: I trade every trading day of the year except when the market is closed on Christmas and New years. There is always a trade from either resistance or support.
Thank you Dove,
I am studying hard, its been a great help while Gods healing goes on with Breast Cancer. Its a good discipline to learn rules, watch and be patient for the timing of the moves from resistance and support. Its not rocket science and it works. Thank you again, Anne
  • #14,919
  • Dec 20, 2018 9:30pm Dec 20, 2018 9:30pm
Quoting dove_alliance
{quote} OK Redbaron - Each chart with The Paradox must be perfect in order for the system to work correctly. To begin with you are lacking the H4 chart and continue reading you will find when the H4 was brought into the system. This also includes the right resolution for your monitor which is 1600x900. Your spreed is lacking one bar on each chart. The spread is 39 and not 38. And lastly you need to be with the right broker with a demo. That is also talked about once you continue reading. I suggest reading the first 250 pages to gain the knowledge...
Thank you Dove_alliance for getting back to me, its very nice of you. I will keep reading and learning, its important to me to have these charts right before i move forward. I have updated my last post if you could just check them again. I had zoom on at 125% and its a 2k monitor and I believe that's whats made the spread wrong.

Resolution is at 1600x900
Forex.com Server 106
Spread is 39 now
  • #14,920
  • Dec 20, 2018 9:44pm Dec 20, 2018 9:44pm
Quoting Redbaron81
{quote} Thank you Dove_alliance for getting back to me, its very nice of you. I will keep reading and learning, its important to me to have these charts right before i move forward. I have updated my last post if you could just check them again. I had zoom on at 125% and its a 2k monitor and I believe that's whats made the spread wrong. Resolution is at 1600x900 Forex.com Server 106 Spread is 39 now
Very good Redbaron -- everything is corrected and perfect. You are now ready for the challenge in creating trading plans. Thank you for the great effort.
The Dove - Forex Trainer
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