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The Paradox System

  • #16,241
  • Jul 2, 2019 11:40am Jul 2, 2019 11:40am
Quoting Contra
Just letting you all know I deleted my post commenting on Iris trade. She informed me that she knows the rules and closed the trade before the weekend but wasn’t able to do the self evaluation until Yesterday because of circumstances..Sorry Iris.
You didn’t need to delete your post as you was pretty much right on. So let me post this screen shot and give you the reason why Iris trade was bad.
Attached Image (click to enlarge)
Click to Enlarge Name: SWING DIVERGENCE.GIF Size: 57 KB

Let me start to the left with the first down arrow.

Standard and Hidden Divergences connect together with the SAR connection. On the second up arrow you have a pullback to bring out the Hidden Divergence with the SAR. This is known as a Swing Divergence because the SAR connection was less than 40 pips

Now - this is very important: The SAR connection with both Standard and Hidden is higher/high of the last Divergence. This means the next connection for the top will be 40 or less pips from the SAR bottom connection after the pullback.

On the third down arrow you had the TOP with both DB/SAR, and both Standard and Hidden Divergences. The next opening bar was your entry on the short for 40 pips with ROMAR more then 60 pips as a target.

On the fourth up arrow you had both Standard and Hidden divergence connection for another pullback to resistance; on this opening bar was Iris trade opening. It was also a trade against support. On the fifth down arrow you had Smooth resistance hit and down to bring out the Hidden Divergence.

On the sixth up arrow was with both Standard and Hidden Divergence and also the bottom just above ROMAR. It was Friday and this trade was it for the week.

The most important value for a trader is total and complete transparency with each and every trade. You must be transparent when you evaluate your trade when it is completed. Making excuses is not transparency.
The Dove - Forex Trainer
  • #16,242
  • Jul 3, 2019 5:43pm Jul 3, 2019 5:43pm
EURJPY Date: 04/07/19
News: No Major News, USD Bank holiday.

Daily: Open Below Psar support.
ROMAR: Resistance
EMA: Support
PSAR: Support
Checklist:

Notes: EMA/Psar trend up, with 4hm beginning to turn down with purple smooth cross. Sar connection at the bottom, 121.305 with no divergence. DB still at the top. Ema down arrow , with macd still up, though miniscule bar. Fibo Up and BB’s facing down.

4HR:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Notes: h4 turned down, ema/psar trend down, purple at the white crossing, putting h4 in a consolidated downtrend. Currently 30 pips to the db low, at 121.305 (standard divergence with lime tag). BB’s open wide.

2HR:
Opening Price: 121.600
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
Notes: h2 consolidating, in an ema slider, with psar/ema holding as resistance. Last sar connection at the top, 121.790 between ema/psar resistance wth db and both divergence at the bottom. We have macd up and down within two bars, with a sideways movement. Romar resistance, 47 pips away. Smooth holding as support, putting the market in a tight squeeze between smooth and ema. Macd UP.

1HR:

ROMAR: Resistance
EMA: Support
PSAR: Support


Notes: H1 showing the sideways movement with 4hm tight together and bb’s flat and market in the centre. psar/ema beginning to show the uptrend.

Final Notes:h1 consolidating up, h2 ema slider and beginning to be in sync with h1 for an upswing. H4 turned down and daily up and turning down. We are in a tight consolidation between smooth and ema on h2, therefore no trade is present at the moment. Ideally I’d like to take a short trade from resistance with at least 40 pips to the current low, but with the market beginging to show hints of a move up i.e fibos up on all charts, db sar at the bottom on h2 etc , I will take the long with the sar connection at the bottom on h2, heading towards h2 romar resistance. The bigger picture, though, is for the daily to bring out the db at the bottom. So if I enter the long, it must strictly be as close to support as possible i.e the h2 sar.

Projected Entry: Consolidation. Long with h2 sar bottom connection, short with the confirmed ema slider back down with daily db as the objective. Unless anything changes.
  • #16,243
  • Jul 3, 2019 6:22pm Jul 3, 2019 6:22pm
Quoting SuchParadox
EURJPY Date: 04/07/19 News: No Major News, USD Bank holiday. Daily: Open Below Psar support. ROMAR: Resistance EMA: Support PSAR: Support Checklist: Notes: EMA/Psar trend up, with 4hm beginning to turn down with purple smooth cross. Sar connection at the bottom, 121.305 with no divergence. DB still at the top. Ema down arrow , with macd still up, though miniscule bar. Fibo Up and BB’s facing down. 4HR: ROMAR: Resistance EMA: Resistance PSAR: Resistance Notes: h4 turned down, ema/psar trend down, purple at the white crossing, putting h4 in a consolidated...
Very interesting how you predict what "MIGHT" happen with your notes and final notes. What you didn't mention is on the H1, H2, and H4 are all up in the moment. Not to mention all 4 charts are with a Green Fibo up. All it will take is the H2 Parabolic flip to change all of your predictions. Your trading plan is with a mindset of a downtrend. It is possible but not showing in the moment.
The Dove - Forex Trainer
  • #16,244
  • Jul 3, 2019 6:38pm Jul 3, 2019 6:38pm
Quoting dove_alliance
{quote} Very interesting how you predict what "MIGHT" happen with your notes and final notes. What you didn't mention is on the H1, H2, and H4 are all up in the moment. Not to mention all 4 charts are with a Green Fibo up. All it will take is the H2 Parabolic flip to change all of your predictions. Your trading plan is with a mindset of a downtrend. It is possible but not showing in the moment.
I understand Dana, thanks for pointing it out to me, Im trying to keep an open mind as to be as objective as possible and not thinking what will happen, my focus is to look at the moment with what support and resistance is saying, and thanks for pointing the up on h1,h2,h4
  • #16,245
  • Jul 3, 2019 7:08pm Jul 3, 2019 7:08pm
Quoting SuchParadox
EURJPY Date: 04/07/19 News: No Major News, USD Bank holiday. Daily: Open Below Psar support. ROMAR: Resistance EMA: Support PSAR: Support Checklist: Notes: EMA/Psar trend up, with 4hm beginning to turn down with purple smooth cross. Sar connection at the bottom, 121.305 with no divergence. DB still at the top. Ema down arrow , with macd still up, though miniscule bar. Fibo Up and BB’s facing down. 4HR: ROMAR: Resistance EMA: Resistance PSAR: Resistance Notes: h4 turned down, ema/psar trend down, purple at the white crossing, putting h4 in a consolidated...
Entry: Entered Long for 40/40 with the new h2 open candle trageting romar resistance, with psar becoming support. stop is below yesterdays low.
Attached Image (click to enlarge)
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  • #16,246
  • Jul 4, 2019 9:16am Jul 4, 2019 9:16am
Quoting SuchParadox
{quote} I understand Dana, thanks for pointing it out to me, Im trying to keep an open mind as to be as objective as possible and not thinking what will happen, my focus is to look at the moment with what support and resistance is saying, and thanks for pointing the up on h1,h2,h4
It is apparent you did not understand what I posted. I was talking about support and resistance - especially on the Green Fibos and the Parabolic. The Parabolic as support and the 23.6 of the Fibo for resistance. Your entry was between a rock and a hard place. After your entry you had the BB's compressing as support and resistance on the H2. When I seen your entry I knew you did not understand that you needed a breakout for any trade.

On all 4 charts ROMAR is resistance and you need the H1 ROMAR to change over to support before a breakout can happen for the long. Then you need the H2 Parabolic to flip back to resistance for a short breakout.

What I am trying to tell you is this: you are not seeing the big picture before pulling the trigger. It is not what you think will happen but what SUPPORT AND RESISTANCE is telling you. That is the POWER OF THE PARADOX (support and resistance)..
The Dove - Forex Trainer
  • #16,247
  • Jul 4, 2019 4:30pm Jul 4, 2019 4:30pm
Dana,

I continue to study all of your postings with regards to how the DB and SAR work. Just when I think I finally understand it, I seem to get confused again. So I’m hoping you can help me see the light.

In Post #11,383, you stated the following:

SCENARIO 2:
But here is what everyone is missing and that is the DB. You never, ever trade opposite of the DB with the SAR. If the DB is on the bottom and SAR is on top then you wait on the SAR to reattached on the bottom for entry and true vice-versa. If both the the DB/SAR are attached together on top then you wait for a red bar before entry; and vice-versa with a green bar going long. THIS SCENARIO IS TRUE FOR BOTH CONSOLIDATIONS AND TRENDS.


In Post #14,647, the image below:

Why would we take the first entry? I understand about bringing out the Hidden Divergence. But aren’t we trading opposite the DB? And aren’t we trading against ROMAR resistance? Unless there are 40 pips plus spread before ROMAR resistance.

Why would we take the third entry too? I believe we’re again trading against the DB.

If my understanding is correct, every time Standard Divergence appears, so too does the DB.

Thanks,
Dave

Attached Image
  • #16,248
  • Jul 4, 2019 4:38pm Jul 4, 2019 4:38pm
Quoting Numero
Dana, I continue to study all of your postings with regards to how the DB and SAR work. Just when I think I finally understand it, I seem to get confused again. So I’m hoping you can help me see the light. In Post #11,383, you stated the following: SCENARIO 2: But here is what everyone is missing and that is the DB. You never, ever trade opposite of the DB with the SAR. If the DB is on the bottom and SAR is on top then you wait on the SAR to reattached on the bottom for entry and true vice-versa. If both the the DB/SAR are attached together on top...
Go back to the top of this page and re-read what I posted and what this scenario was called. What you are referring too is ranging.
The Dove - Forex Trainer
  • #16,249
  • Jul 4, 2019 9:29pm Jul 4, 2019 9:29pm
Quoting dove_alliance
{quote} Go back to the top of this page and re-read what I posted and what this scenario was called. What you are referring too is ranging.
Okay Dana. Thanks for pointing me in the right direction. I’ll go back again and study consolidation, trend and RANGING with regards to the DB and SAR.
  • #16,250
  • Jul 5, 2019 12:59am Jul 5, 2019 12:59am
Quoting dove_alliance
{quote} It is apparent you did not understand what I posted. I was talking about support and resistance - especially on the Green Fibos and the Parabolic. The Parabolic as support and the 23.6 of the Fibo for resistance. Your entry was between a rock and a hard place. After your entry you had the BB's compressing as support and resistance on the H2. When I seen your entry I knew you did not understand that you needed a breakout for any trade. On all 4 charts ROMAR is resistance and you need the H1 ROMAR to change over to support before a breakout...
I realise my mistake. Thanks Dana
  • #16,251
  • Jul 5, 2019 4:34am Jul 5, 2019 4:34am
The current H2 chart for anyone no seeing this or not able to for whatever reason - MA lines are incorrect
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2019-07-05 at 7.31.59 pm.png Size: 104 KB
If you make up your own rules then the story is sad.....
  • #16,252
  • Jul 5, 2019 10:09am Jul 5, 2019 10:09am
Quoting SuchParadox
{quote} Entry: Entered Long for 40/40 with the new h2 open candle trageting romar resistance, with psar becoming support. stop is below yesterdays low. {image}
Evaluation: trade close 5 mins before news +2. This was a terrible trade because i entered right into a sideways movement and market failed to breakout due to independence day causing low liquidity. My mistake as Dana showed to me was in not being patient and waiting for the breakout either up or down.
  • #16,253
  • Jul 5, 2019 10:09am Jul 5, 2019 10:09am
Quoting OliveBranch
The current H2 chart for anyone no seeing this or not able to for whatever reason - MA lines are incorrect {image}
Here is my current H2 chart:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 62 KB
  • #16,254
  • Jul 6, 2019 2:46pm Jul 6, 2019 2:46pm
hi, guys i can't help but wonder is anyone else seeing how the daily is so full blown for a downtrend for swing all the way down?
we have romar as resistance
psar as resistance
all horsemen as resistance
we ahve the ema and macd arrows confirming the trend is down
candle close is just below the fibo 38 level which happens to be the h2 romar hit with divergence
anyway i will wait to see how it goes next week, if anyone has different opinion kindly share
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 83 KB
  • #16,255
  • Jul 6, 2019 3:11pm Jul 6, 2019 3:11pm
Quoting djiminova
hi, guys i can't help but wonder is anyone else seeing how the daily is so full blown for a downtrend for swing all the way down? we have romar as resistance psar as resistance all horsemen as resistance we ahve the ema and macd arrows confirming the trend is down candle close is just below the fibo 38 level which happens to be the h2 romar hit with divergence anyway i will wait to see how it goes next week, if anyone has different opinion kindly share {image}
If you look to the left with the last swing down you see the same scenario. Swinging between the High and Low of the Fibo.
The Dove - Forex Trainer
  • #16,256
  • Jul 6, 2019 3:26pm Jul 6, 2019 3:26pm
Quoting dove_alliance
{quote} If you look to the left with the last swing down you see the same scenario. Swinging between the High and Low of the Fibo.
exact replica sir,like a twin
with on the low the trend line drawn by the standard divergence
  • #16,257
  • Jul 6, 2019 3:52pm Jul 6, 2019 3:52pm
sir, without you minding me ask
i do not want to seem to be anticipating (let's have it in an ideal situation) if we move to H2 we have the 39th bar which the fibo is attached to,on sunday open,we will have fibo brought to our current high at romar which means it flips to resistance,and that would mean it opens below the 23 fibo on h2 which will be holding as resistance,is that a confirmation you should be watching out for the Daily trend even with the H2 horsemen in a full blown up?
  • #16,258
  • Jul 6, 2019 4:25pm Jul 6, 2019 4:25pm
i think i get your answer from your first post, thankyou sir,
again you have a magic of a system, blessed weekend everyone
  • #16,259
  • Jul 6, 2019 5:41pm Jul 6, 2019 5:41pm
MY TRADE PLAN
RED NEWS: NO RED NEWS
DAILY:
ROMAR:RESISTANCE
EMA:RESISTANCE
PSAR:RESISTANCE
NOTES: we have the horsemen in a full blown down,ema and macd arrows respectively for down confirming the trend,we have fibo 23 level of green fibo as support,SAR attached down at the fibo 23 support,DB is attached top with standard divergence at ROMAR resistance
H4:
ROMAR:RESISTANCE
EMA:SUPPORT
PSAR:SUPPORT
NOTES: horsemen in a fullblown uptrend,bb's compressing in as S/R,green fibo 23 level as resistance,DB with divergence as resistance
H2:
ROMAR:RESISTANCE
EMA:SUPPORT
PSAR:SUPPORT
NOTES: horsemen in a full blown up,we have DB/SAR attached top as resistance at ROMAR resistance with standard divergence,upper bb pierced and both are flattening, green fibo 68 level is resistance.
H1:
ROMAR:RESISTANCE
EMA:SUPPORT
PSAR:ELIMINATED
NOTES:we have smooth and white crossing purple for a swing low,market operating below red 50% fibo level,romar is sliding above ema holding as resistance

FINAL NOTES:
we are in a consolidated romar downtrend
DAILY: on the daily we have it in a full blown down,with fibo 23%as first support
H4:we have fibo 23 as resistance and horsemen as support with still no space for 40 to romar other major resistance
H2:similar situation to H4 no space for 40 going either long or short with bbs flattening

PROJECTED ENTRY
short: will go short with candle open below purple resistance on H2 trading chart
long:
  • #16,260
  • Edited 1:31am Jul 7, 2019 1:01am | Edited 1:31am
Attached Image (click to enlarge)
Click to Enlarge Name: question.png Size: 87 KB

hi, guys i have a question which might sound silly but regardless, i need understanding,is this scenario on the current 2 hr bar candle where market is above romar but romar still is still resistance..is this where we say ROMAR is both Support and Resistance?if anyone can clarify this it would be of great help,thankyou
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