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The Paradox System

  • #15,341
  • Feb 11, 2019 9:24pm Feb 11, 2019 9:24pm
Quoting SuchParadox
EURJPY Date:12/02/19 News: USD News 5:45 PM GMT. Daily: ROMAR: Resistance EMA: Resistance PSAR: Resistance Checklist: Last MACD 0 crossing: down Lat EMA alert arrow: down Last DB attachment:bottom 124.163, 3 candles before. Fibo: green and up from the 0.0 Notes:4hm turning down, with db holding support with both divergence. And Ema holding resistance. BB’s flatlining. 4HR: ROMAR: Resistance EMA: Resistance/ Support PSAR: Support Checklist: Last MACD 0 crossing: up Last DB attachment: top, 124.867 Fibo: green and up Notes: h4 in a consolidating downtrend...
Adjustments: With a slider back into the uptrend and an open above purple on daily and h4 ema now support, I will now look to enter a long from support, heading towards daily psar resistance. Provided h2 psar flips back as support and enough momentum to break through Romar with bb's opening up.
  • #15,342
  • Feb 11, 2019 10:45pm Feb 11, 2019 10:45pm
Trading Plan EurJpy 12 Jan 2019
ECONOMIC NEWS - High Impact – None today

DAILY - Reference for support and resistance only
ROMAR, EMA, PSAR - Resistance
LAST DB/SAR - Both bottom attachment and divergence at 124.163 between 100 and 61.8 on Fibs
LAST EMA ARROW - Down
LAST MAC D - Down
FIBO - Green
BOLLINGER BANDS - Flat
NOTES
Romar EMA Psar show down trend, 4 horsemen heading downwards, DB/SAR bottom attachment showing both divergences just above 61.8, BB flat so in consolidation, green fib , market moving up for possible buy to the 100.0 depending on resistance

4HR - Reference for support and resistance only
ROMAR - Resistance
EMA, , PSAR - Support
LAST DB/SAR - DB SAR Top Attachment 124.867 on 38.2 fib line
LAST EMA ARROW - Up
LAST MAC D - Up
FIBO - Green
BOLLINGER BANDS - Squeezing in to flat
NOTES 4 horsemen heading up, DB/SAR top attachment. Purple crossed above EMA

2HR – Trading Chart
ROMAR , - Resistance
EMA PSAR - Support
LAST DB/SAR - DB Top Attachment 124.867 between 61.8 & 100.0 fib line
SAR bottom attachment 124.403 close to 23.6
LAST EMA ARROW - Up
LAST MAC D - Up
FIBO - Green
BOLLINGER BANDS - opening up
NOTES
Trend is down, but we are in consolidation, 4 Horsemen beginning to turn up between 38.2 & 50.0 fib, waiting on Psar to flip

1HR – for confluence not to trade off
ROMAR, EMA, PSAR - Support
LAST EMA ARROW - Up
LAST MAC D - Up
FIBO - Red heading back up towards 0.0
BOLLINGER BANDS - Opening up
NOTES
4 Horsemen up crossed EMA Heading up to 0.0. purple looking to cross Romar




SUMMARY NOTES
Trend is down but all 4 charts are not in sync but in consolidation. 1hr has red fib, others are all green, price isat 61.8 to middle so cant trade. Purple has crossing White and Smooth & EMA, waiting on Psar to flip on 2hr chart for buy based on Daily DB/SAR up to the 100.0

ENTRY - IS ON NEW H2 BAR once summary signals have occurred

RISK - Resistance holds and mkt moves down to those two Green bars from the daily Spike that must also disappear for the Daily to reach a normal state.

RULES
· "Be Vigilant of all charts. See everything in the moment as a whole unit'
· Are all 4 charts IN SYNC?
· Is 1hr in sync with 2hr? If so you have a trend, if not you are in consolidation.
· when both the DB and SAR is running together as one unit then the market is ranging. The ranging will end when the SAR breaks loose.
· Daily will give reference of support & resistance within the Daily The Daily ROMAR is the key when the market will turn direction. Once it crosses Purple the game is over and time to be looking at the opposite direction for long term. ROMAR is also both Support and Resistance on all three charts.
· EMA is your trend indicator with Purple for the swings. EMA below Purple the trend is up in the swings. EMA above Purple the trend is down in the swings.
· Signal for a parabolic flip is when the Parabolic is at EMA for the Purple crossing.
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  • #15,343
  • Feb 12, 2019 12:14am Feb 12, 2019 12:14am
Entry Buy, PSAR flipped, 4 horsemen up EMA Support, Psar Support 2hr,
Risk just getting thru Romar at 61.8 - may be too early but learning as I go.
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  • #15,344
  • Edited 8:59am Feb 12, 2019 12:50am | Edited 8:59am
Good morning, Anna! I wanted to draw your attention to the schedule. You have 41 candles. Must be 40
Either I will find a way, or I will make one...
  • #15,345
  • Feb 12, 2019 1:22am Feb 12, 2019 1:22am
Trading plan 12/02/2019
Economic news : Fed Chair Powell Speaks
Daily
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Last DB Attachment – down at 124.163 (with 1 Divergence)
Fibonacci – green. Riders pointing down. BB flat, romar drops out of the shopping area. Range
H4 ROMAR –resistance EMA - support Parabolic – support
Last DB Attachment –up at 124.867 (with 1 Divergence)
Fibonacci – green. Riders pointing up
H2
ROMAR – resistance
EMA – support
Parabolic- support
Checklist: Last DB Attachment –up at 124.867 (with 2 Divergence)
Last SAR Attachment – down at 124.403
Fibonacci –green. Riders pointing up H1 ROMAR - support
EMA - - support
Parabolic- support
Fibo –red. Riders pointing up Consolidation.
Trend Romar / EMA to search for sales. Trend EMA / purple for shopping.
{C}1. {C}Purchases. To enter the purchase, you need 40 points to the H2 romance (there is none) or the intersection of the violet and the romar (for the romar to become a support, and better the intersection of the EMA and the romar). There is still resistance H4 romar.
{C}2. {C}Sales There is a merger of resistance to enter sales (ЕМА daytime and H4 romar). To enter you need to eliminate the parabolic (the intersection of white and purple). DB we have at the top, then the following attachment is below.
Sales are more real to me. London opens with orange news, adjustments to the trading plan are possible. At the time of the opening session there is no entry.
Either I will find a way, or I will make one...
  • #15,346
  • Feb 12, 2019 2:22am Feb 12, 2019 2:22am
Quoting Lakers
{quote} Adjustment H1 Fibs flipped to red. H2 H4 new last DB attachment with only standard Divergence connection is on the Romar resistance. Entry, Short H2 White/Smooth Purple cross for the down and EMA down arrow showing up confluence with H4 new open candle opening below EMA under the "23.6" green Fibs resistance. And H2 H4 next DB attachment is to the bottom. Risk The risk is H2 EMA being a slider for the up and H2 Parabolic holding support. {image}
Result
-40pips,
I think the reason why I lost is because of H4. I entered when H4 EMA Purple was crossing for the up and the H4 Parabolic just flipped for the up, so I needed to wait and see if H4 EMA slide or turn.
  • #15,347
  • Feb 12, 2019 2:38am Feb 12, 2019 2:38am
Quoting SuchParadox
{quote} Adjustments: With a slider back into the uptrend and an open above purple on daily and h4 ema now support, I will now look to enter a long from support, heading towards daily psar resistance. Provided h2 psar flips back as support and enough momentum to break through Romar with bb's opening up.
Entry: Entered for 40/40 as close to support as possible, with confluence h2 sar, h4 ema, h1 50 fib. With my target just above the current high and Below psar resistance on daily.

Risks:

  1. daily in a consolidated downtrend.
  2. Entered in the middle of an open candle
  3. Target just above the 100 fibo on h2
  4. Bigger spread due to sharp decline in price
  5. both divergence attached at the top of h2 candle.

Attached Image (click to enlarge)
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  • #15,348
  • Feb 12, 2019 2:53am Feb 12, 2019 2:53am
Quoting Lakers
{quote} Result -40pips, I think the reason why I lost is because of H4. I entered when H4 EMA Purple was crossing for the up and the H4 Parabolic just flipped for the up, so I needed to wait and see if H4 EMA slide or turn.
No Lakers - the H4 was not the problem. It was all on the H2. To be honest, I could not believe you went short With the long looking right at you. Sometimes I wonder if you just flip a coin and head's is short and tail's is long. Or maybe you're just bias and loving those short.

Look at your chart below and what do you see? I see the SAR hitting the Parabolic and the Regular Divergence on top of where the SAR connects from. What is the rule for this scenario? And don't forget the DB was on the bottom and needed to connect to top. And don't forget you needed the Hidden Divergence to show its face.
Attached Image (click to enlarge)
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The Dove - Forex Trainer
  • #15,349
  • Feb 12, 2019 4:14am Feb 12, 2019 4:14am
Adjustments to the trading plan.
Н1: The bar opened from the romare, there is a down arrow. H2: DB connected to the SAR at the top and revealed a divergence. Н4: DB pierced the romar (the divergence is fully revealed). Daytime: again there was a rollback to the EMA.
According to the trading plan, I go to sales. Supports merge: Romar H4, daily EMA, 61.8 fibo H2 (the candle is open under it), red fibo H1 (the candlestick below the level 23.6 fibo).
My risks: 1. Parabolic H2. 2. Parabolic and EMA H4
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Either I will find a way, or I will make one...
  • #15,350
  • Feb 12, 2019 5:59am Feb 12, 2019 5:59am
Quoting dove_alliance
{quote} No Lakers - the H4 was not the problem. It was all on the H2. To be honest, I could not believe you went short With the long looking right at you. Sometimes I wonder if you just flip a coin and head's is short and tail's is long. Or maybe you're just bias and loving those short. Look at your chart below and what do you see? I see the SAR hitting the Parabolic and the Regular Divergence on top of where the SAR connects from. What is the rule for this scenario? And don't forget the DB was on the bottom and needed to connect to top. And don't...
I don't, maybe I should start.. I can't get a decent trade.

What is the rule for this scenario? For this scenario, when only the standard Divergence is showing and after that a retrace happens from 61.8 to the opposite side then the market can always come back to bring out the hidden Divergence or not.
  • #15,351
  • Feb 12, 2019 10:24am Feb 12, 2019 10:24am
Quoting The-Force
{quote} I just missed my entry by a few pips as I was away from my computer. I heard the alert and entered short at H2 smooth and H4 23.3 The risk H2 PSAR hit with SAR. H2 PSAR not locked in yet H4 PSAR and EMA flip And H2 MACD still up.. this is my main concern with this trade {image}
SL hit. Broke the rule with H2 SAR. I see the long could have been taken at Sydney open, im guessing this is were you entered. I need to keep it simple with the rules and never anticipate anything. I can only say, that I hope I can retain these valuable lessons.
  • #15,352
  • Feb 12, 2019 10:31am Feb 12, 2019 10:31am
Quoting SuchParadox
{quote} Entry: Entered for 40/40 as close to support as possible, with confluence h2 sar, h4 ema, h1 50 fib. With my target just above the current high and Below psar resistance on daily. Risks: daily in a consolidated downtrend. Entered in the middle of an open candle Target just above the 100 fibo on h2 Bigger spread due to sharp decline in price both divergence attached at the top of h2 candle. {image}
Evaluation: Took 40 from the market. This was a good trade, trading the trend of the moment. We had a hit on h2 psar support before a move back up. Romar was still resistance, But was tested twice before and a slider occurred back into the uptrend which gave me the confidence it had momentum.
Tp hit before news which is a good thing. I did enter on a volatile candle and had I waited even 2 more minutes I would have had the perfect entry at psar, so I still need to be more patient.

Dana I can't thank you enough, for providing us with the tools to be successful traders. May God Always bless you in everything.
  • #15,353
  • Feb 12, 2019 11:35am Feb 12, 2019 11:35am
Result: -40 pips
Evaluation: bad deal. Trade against supports. I couldn’t go into a purchase against three resistances: the H2 romance, the H4 romar and the EMA daytime I could not. Apparently was wrong
Either I will find a way, or I will make one...
  • #15,354
  • Feb 12, 2019 1:51pm Feb 12, 2019 1:51pm
As I have said many times, the H1 is a reference chart. And what do I mean as reference? The H1, in many ways lead the market as for signals are concern. Especially with the EMA, MACD, and ROMAR signals. So Let me give you traders an example.

On the H1 you have the opening bar at 17:00; and on the next bat at 18:00 an EMA alert takes place. Looking at the MACD you visual the bars heading for the zero line. On the next bar at 19:00 you have the opening above EMA. Take a visual on the MACD once again, you see the next bar will bring up the MACD zero crossing on the 20:00 bar.

Taking a visual you will notice ROMAR traveling downtown central (going through the trading area) and it is heading for Purple, and then EMA. How do you know this? Because of the market getting above EMA.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1_ENTRY.png Size: 67 KB

Now lets take a look at the H4:

To start with - you have EMA crossing Purple - on the same bar the Parabolic is flip-flopping with White and Smooth in an uptrend. Just looking at this H4 (in the moment) is telling you the market is heading upstairs for a trend. In other words the H4 is reversing heading for the 61.8
Attached Image (click to enlarge)
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Now lets take a look at the H2 (your Trading Chart):

The opening bar - in which is already moving from the closing - you have an EMA signal. You also have the SAR attached on the bottom for an up. Because this bar is already moving with an EMA up arrow; I will use the H1 signals EMA Arrow with the H2 signal; Confluence.

Now lets take a look at the losing trades going short.

To start with I ALWAYS create my trading plans off the 17:00 ET timezone BAR. It doesn't matter what time I can get to my charts; may it be at 20:00 or midnight or whatever time it may be - I create my plan right off the opening of the day,. This way I miss nothing that had happened from the 17:00 bar.

You traders that had gone short, and if you had gone through everything as I did above you would had seen the entry long (with no problems what-so-ever).

You already know the trend is up on the H4. On this H2 you see ROMAR going through center heading for Purple/EMA for the up trend. You also had seen DB/SAR attached on the Red down bar with the Standard Divergence. This means the market will hit the Parabolic and head north to bring out the Hidden Divergence.In which it did. You are now in a full-blown uptrend with the H1, H2 with the H4 working for a full-blown trend heading for the 61.8 of the H4 Fibo and the Daily Parabolic.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2_ENTRY.png Size: 75 KB

It is very simple traders in seeing what is happening before pulling the trigger. You create your trading plans exactly as I had created mine above. This way you see everything on all the charts along with the trend, support, and resistance BEFORE PULLING THE TRIGGER.
The Dove - Forex Trainer
  • #15,355
  • Feb 12, 2019 2:12pm Feb 12, 2019 2:12pm
Quoting SuchParadox
{quote} Evaluation: Took 40 from the market. This was a good trade, trading the trend of the moment. We had a hit on h2 psar support before a move back up. Romar was still resistance, But was tested twice before and a slider occurred back into the uptrend which gave me the confidence it had momentum. Tp hit before news which is a good thing. I did enter on a volatile candle and had I waited even 2 more minutes I would have had the perfect entry at psar, so I still need to be more patient. Dana I can't thank you enough, for providing us with the...
You are welcome and yes - my Lord highly blesses me each and every day in everything I do. I can never thank Him enough.
The Dove - Forex Trainer
  • #15,356
  • Feb 12, 2019 4:36pm Feb 12, 2019 4:36pm
Good Morning Dove,

Lovely to wake and find the trade has been successful in gaining 40 pips. The question I have for you is did I enter too early. Thank you for all your lessons and advise to all on this thread.

Feeling Blessed from your teachings.
kind regards
Anne
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  • #15,357
  • Feb 12, 2019 6:09pm Feb 12, 2019 6:09pm
Quoting robnanne
Good Morning Dove, Lovely to wake and find the trade has been successful in gaining 40 pips. The question I have for you is did I enter too early. Thank you for all your lessons and advise to all on this thread. Feeling Blessed from your teachings. kind regards Anne {image}
You was really late on your entry pulling the trigger on top of ROMAR. You just barely hit your target.

While I'm thinking about it you've had 2 or 3 traders mentioning your chart is not right. I hope this is the last time. You do need to get your charts right. I also pray you are doing well.
The Dove - Forex Trainer
  • #15,358
  • Feb 12, 2019 6:38pm Feb 12, 2019 6:38pm
Trading plan for
2019-02-12
News. Red news at 6:30am

Daily;
ROMAR- Res
EMA- Sup
PSAR- Sup
EMA arrow- UP
MACD arrow UP
Fib- Green
Notes EMA arrow locked in. MACD arrow up. Open above PSAR Support with white at purple and SAR for a move higher. About 60 pips to ROMAR. Ranging with flat BB and DB

4H;
ROMAR- Sup
EMA- Sup
PSAR-Sup
Fib- Green
Notes;
Open above 61.8. EMA x ROMAR. 60 pips to top of fib

2H;
ROMAR- Sup
EMA- Sup
PSAR- Sup
EMA arrow- Up
MACD arrow- Up
Fib-Red
Notes; DB with SAR and both Divergence’s in full uptrend. Open above MA 5 and MA 20. Strong MACD



1H;
ROMAR-Sup
EMA- Sup
PSAR-Sup
EMA arrow- Up
MACD arrow- Up
Fib-Red
Notes; Purple x White



Final notes; Green fib on H4 and open above 61.8. With ROMAR at EMA. Daily EMA + MACD arrow up and open above PSAR Support. H2 in full uptrend
  • #15,359
  • Feb 12, 2019 6:41pm Feb 12, 2019 6:41pm
Quoting dove_alliance
{quote} You was really late on your entry pulling the trigger on top of ROMAR. You just barely hit your target. While I'm thinking about it you've had 2 or 3 traders mentioning your chart is not right. I hope this is the last time. You do need to get your charts right. I also pray you are doing well.
I have noted the comments from the other traders re chart, it slipped when I did the screen print. Sorry and thank you for comment on my target.

My health is steadily improving for which I thank God every day.
Blessings
Anne
  • #15,360
  • Feb 12, 2019 6:48pm Feb 12, 2019 6:48pm
Quoting The-Force
Trading plan for 2019-02-12 News. Red news at 6:30am Daily; ROMAR- Res EMA- Sup PSAR- Sup EMA arrow- UP MACD arrow UP Fib- Green Notes EMA arrow locked in. MACD arrow up. Open above PSAR Support with white at purple and SAR for a move higher. About 60 pips to ROMAR. Ranging with flat BB and DB 4H; ROMAR- Sup EMA- Sup PSAR-Sup Fib- Green Notes; Open above 61.8. EMA x ROMAR. 60 pips to top of fib 2H; ROMAR- Sup EMA- Sup PSAR- Sup EMA arrow- Up MACD arrow- Up Fib-Red Notes; DB with SAR and both Divergence’s in full uptrend. Open above MA 5 and MA 20....
Long at the open. This is a difficult trade for me being at the top of the H2 fib and H1 starting to turn. The entry would be at D1 PSAR support and H4 61.8 Im a few pips higher then that. The H4 will make its way to the top of the fib with ROMAR at EMA.
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