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The Paradox System

  • #16,301
  • Jul 25, 2019 4:52pm Jul 25, 2019 4:52pm
Quoting dove_alliance
{quote} What most traders are having problems with and that is not focus on Divergences with the pullback off the Parabolic for the Hidden divergence - with the SAR. With your trade is exactly what happened. In order to eliminate the Hidden you also need the DB with the SAR in which did not happen to continue in the direction of the SAR. Hopefully you pulled out with the economic Red Tag.
Thank you Dana, I understand what you mean, and another piece of the jigsaw has fallen into place.
I apologize for not responding earlier and not posting my assessment yet - I had a late night looking after the grandchildren and an early start this morning.
The assessment comes next.
I did pull out of the trade 5 mins before the red news but obviously it was a bad trade.
  • #16,302
  • Jul 25, 2019 6:23pm Jul 25, 2019 6:23pm
Quoting downunderfx
Market is downtrend ranging. On H2, resistance hit at 38.2 Fib with PSAR and SAR attachment. Entered short (possibly one bar late){image}
Closed the trade manually 5 mins before red news.
My decision to trade was questionable. Strong support too close - all four charts had 0.0 green fib within 40 pips.
Dove has said you should look for 50 pips to allow some room for the trade to close.
My entry was late. Dove has explained that if the DB attaches in this type of scenario the market will keep going but if only the SAR attaches, a retrace will occur to expose the Hidden Divergence (I think I've got that right). So I should have entered the bar before I did. This would have given me an extra 8 pips. (if I have that wrong I'm happy to delete the post).
  • #16,303
  • Jul 25, 2019 8:18pm Jul 25, 2019 8:18pm
NEWS Red News in 12hours

DAILY CHART - DATE: EURJPY 26th July 2019


ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow Down
Last DB Attachment Low
Fibo up or down Up
NOTES: SAR attached at PSAR previous bar, at the 38.2 fib.
White has crossed Purple for the up.
The market is 40 pips above Purple.




4 HOUR CHART:

ROMAR: Resistance
EMA: Support
Parabolic: Support
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow
Last DB Attachment Low
Fibo up or down Down
NOTES: DB attached low and SAR attached high with Magenta box.
Market has retraced from 0.0 Fib to ROMAR Resistance for last 3 bars.

2 HOUR CHART:

Opening Price: 121.080
ROMAR: Support (at EMA for crossing)
EMA: Support
Parabolic: Support
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Down
Last DB Attachment High (with Std Divergence)
Fibo up or down Down
NOTES: ROMAR and EMA uptrend. Market is held up by 23.6 Fib Support




1 HOUR CHART:

ROMAR: Support
EMA: Support
Parabolic: Support
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Up
Last DB Attachment N/A
Fibo up or down Down
NOTES: ROMAR and EMA uptrend. 4 HM in slider



NOTES (All four charts): ROMAR is resistance on Daily and H4 but support
on H2 and H1. The market is consolidating.
Trading Chart : DB, SAR and Std Divergence are attached high at
The 0.0 red Fib.
The chart is in a consolidated uptrend.
The next SAR attachment should be low, at EMA or PSAR.

Entry: Long at next SAR attachment on the H2
  • #16,304
  • Jul 25, 2019 8:44pm Jul 25, 2019 8:44pm
Quoting downunderfx
{quote} Closed the trade manually 5 mins before red news. My decision to trade was questionable. Strong support too close - all four charts had 0.0 green fib within 40 pips. Dove has said you should look for 50 pips to allow some room for the trade to close. My entry was late. Dove has explained that if the DB attaches in this type of scenario the market will keep going but if only the SAR attaches, a retrace will occur to expose the Hidden Divergence (I think I've got that right). So I should have entered the bar before I did. This would have given...
You are right - your entry was late. It should had been the open bar after the Parabolic hit. It still gave you a short on the TP before the Red Tag. But we didn't know that until the fact had shown up. This way you still would of gotten about 30 or so before you had to pull out.

Even though I seen the Parabolic hit for the Hidden Divergence it still left about 8 hours for the first Red Tag. As for me - I would had left that trade go by. The distance to the bottom was just to close for a trade without risk.
The Dove - Forex Trainer
  • #16,305
  • Jul 25, 2019 9:58pm Jul 25, 2019 9:58pm
Quoting dove_alliance
{quote} You are right - your entry was late. It should had been the open bar after the Parabolic hit. It still gave you a short on the TP before the Red Tag. But we didn't know that until the fact had shown up. This way you still would of gotten about 30 or so before you had to pull out. Even though I seen the Parabolic hit for the Hidden Divergence it still left about 8 hours for the first Red Tag. As for me - I would had left that trade go by. The distance to the bottom was just to close for a trade without risk.
Thank you Dove, learning slowly.
Your generosity in teaching in the name of Our Lord is truly amazing
  • #16,306
  • Jul 28, 2019 4:10pm Jul 28, 2019 4:10pm
EUR/JPY
Date: 7.28.19-2018 Sunday

Daily Open:
Previous Day High: 121.363
Previous Day Low: 120.040

Daily:
ROMAR – Resistance
EMA – Resistance previous day opened above ema
PSAR - Resistance

Check List:
Fibo Green
Last MACD ‘0’ down
Last EMA arrow down
Last DB Attachment 121.363
Last SAR Attachment 121.363

Notes: Prior to the news the trend had been down and it looks like we are resuming that trend

4 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Fibo Red under 23.6
Last DB Attachment 120.194
Last SAR Attachment 121.363

Notes: The H4 last closed below ema

2 HR:
ROMAR - Support
EMA - Support
PSAR - Resistance

Check List:
Fibo is red
Last MACD ‘0’ arrow down
Last EMA arrow down
Last DB Attachment 120.785
Last SAR Attachment 121.363

Notes: The H2 purple/ROMAR cross with last close below ROMAR

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

Check List:
Fibo Red
Last MACD ‘0’ down
Last EMA arrow down

Entry notes:
Notes: Daily open below ema. Short
Notes for readjustments: Wait for open candle below H1 ROMAR; the trend will resume for the down.

Entry: Short
candy is dandy but liquor is quicker
  • #16,307
  • Jul 28, 2019 4:58pm Jul 28, 2019 4:58pm
Quoting humlux
EUR/JPY Date: 7.28.19-2018 Sunday Daily Open: Previous Day High: 121.363 Previous Day Low: 120.040 Daily: ROMAR – Resistance EMA – Resistance previous day opened above ema PSAR - Resistance Check List: Fibo Green Last MACD ‘0’ down Last EMA arrow down Last DB Attachment 121.363 Last SAR Attachment 121.363 Notes: Prior to the news the trend had been down and it looks like we are resuming that trend 4 HR: ROMAR - Resistance EMA - Support PSAR - Support Check List: Fibo Red under 23.6 Last DB Attachment 120.194 Last SAR Attachment 121.363 Notes: The...
I will use an H1 open below ROMAR to confirm what the H2 is telling me. Also H2 ema is at smoothe for the crossing; also note H2 divergence attached with DB. Concern is Daily at 23.6 fibo support.
candy is dandy but liquor is quicker
  • #16,308
  • Jul 28, 2019 7:02pm Jul 28, 2019 7:02pm
NEWS No high impact news today

DAILY CHART - DATE: 29th July 2019


ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow Down
Last DB Attachment Low
Fibo up or down Up
NOTES: Market just above 23.6 Fib., Last DB attachment had Std and
Hidden Divergence attached at 0.0 Fib. White has crossed Purple
and Smooth at Purple. MACD bars getting shorter. Market 17 pips
above Purple.


4 HOUR CHART:

ROMAR: Resistance (recent 2x cross of Purple)
EMA: Support
Parabolic: Support (but white has crossed Purple)
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow
Last DB Attachment Low
Fibo up or down Down
NOTES: 4HM turning down. Market at 38.2 Fib. MACD bars getting shorter.



2 HOUR CHART:

Opening Price: 120.921
ROMAR: Support and Resistance
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow Down
Last DB Attachment Low
Fibo up or down Down
NOTES: ROMAR going through downtown central. 4 HM and EMA in tight
formation going sideways. Market at 38.2 Fib. Last DB attachment
had Std Divergence attached.

1 HOUR CHART:

ROMAR: Support
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow Up
Last DB Attachment N/A
Fibo up or down Down
NOTES: Market in tight congestion going sideways at 38.2 Fib

NOTES (All four charts):
Trading Chart (Trend, Swing, Consolidation) Tight consolidation going sideways.
Market sitting at 38.2 Red Fib resistance on H1, H2 and H4 and 23.6 Green
Fib Support on the Daily.
Daily EMA is resistance 15 pips above market.
On H2, DB attached low with Std Divergence but no Thistle box.


Entry: No entry at present. Wait for market to declare itself.
  • #16,309
  • Jul 28, 2019 8:03pm Jul 28, 2019 8:03pm
Quoting humlux
EUR/JPY Date: 7.28.19-2018 Sunday Daily Open: Previous Day High: 121.363 Previous Day Low: 120.040 Daily: ROMAR – Resistance EMA – Resistance previous day opened above ema PSAR - Resistance Check List: Fibo Green Last MACD ‘0’ down Last EMA arrow down Last DB Attachment 121.363 Last SAR Attachment 121.363 Notes: Prior to the news the trend had been down and it looks like we are resuming that trend 4 HR: ROMAR - Resistance EMA - Support PSAR - Support Check List: Fibo Red under 23.6 Last DB Attachment 120.194 Last SAR Attachment 121.363 Notes: The...
I am short the market.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2.png Size: 71 KB
candy is dandy but liquor is quicker
  • #16,310
  • Jul 28, 2019 9:15pm Jul 28, 2019 9:15pm
H2 4 HM turning down, ROMAR at EMA, open below Smooth. H1 ROMAR crossing Purple. H4 Parabolic flipping.
Entered short.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 71 KB
  • #16,311
  • Jul 29, 2019 3:19am Jul 29, 2019 3:19am
DAILY PLAN – 29/07/19:
NEWS:
No Red News

H1:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - UP
Notes:
ROMAR crossed EMA.
Downtrend with White crossed purple and smooth is also pointing to cross.
BB are closing.

H2:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD crossing - DOWN
Last EMA Alert Arrow - DOWN
Fibo - DOWN
Notes:
ROMAR crossed EMA
Horsemen are very close together in a downtrend.
DB is attached down with SAR and divergence.
BB are close together indicating a range.

H4:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Fibo - DOWN
Notes:
DB is connected DOWN and SAR is connected up.
EMA crossed Purple.

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD crossing - DOWN
Last EMA Alert Arrow - DOWN
Fibo - UP
Notes:
We have DB attached down and SAR attached up.
White and smooth crossed purple.

Final Notes for all three charts:
Market is in consolidation but there is confluence for a move down in H2, H1 and H4 EMA and ROMAR crosses.
There is a risk of entering on range support.

Entry:
Sell: Next candle with confirmation of crosses.



Best regards,
Hugo
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at 2019-07-29 10-01-48.png Size: 43 KB
  • #16,312
  • Jul 29, 2019 10:08am Jul 29, 2019 10:08am
The last three postings above is with 3 different traders pulling the trigger for a short with Divergences on the bottom. Unbelievable! What is unreal is not any of the traders showing Divergence on their trading plan. There shouldn't had been any trade with resistance less than 20 pips and the bottom BB going flat with Divergence. Brake the rules of trading and you will pay the price..
The Dove - Forex Trainer
  • #16,313
  • Jul 29, 2019 10:40am Jul 29, 2019 10:40am
Quoting Sinai
DAILY PLAN – 29/07/19: NEWS: No Red News H1: ROMAR - Resistance EMA - Resistance PSAR - Resistance FIBO - UP Notes: ROMAR crossed EMA. Downtrend with White crossed purple and smooth is also pointing to cross. BB are closing. H2: ROMAR - Resistance EMA - Resistance PSAR - Resistance Check List: Last MACD crossing - DOWN Last EMA Alert Arrow - DOWN Fibo - DOWN Notes: ROMAR crossed EMA Horsemen are very close together in a downtrend. DB is attached down with SAR and divergence. BB are close together indicating a range. H4: ROMAR - Resistance EMA -...
SL hit.
As the risk i wrote on my plan this was indeed an entry on range support.
As Mr. Dove stated there shouldn't had been any trade with the BB going flat with no space to the target and with hidden Divergence attached.
I have to study more about the ranging trading.

Best regards,
Hugo
  • #16,314
  • Jul 29, 2019 10:51am Jul 29, 2019 10:51am
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2.png Size: 59 KB
Quoting humlux
{quote} I am short the market. {image}
SL -40 pips. When hidden divergence appeared assumed market would continue south. The H1/H2 open under ROMAR was not enough away from from ROMAR resistance and failed to account for flat BB.
candy is dandy but liquor is quicker
  • #16,315
  • Jul 29, 2019 11:31am Jul 29, 2019 11:31am
Quoting humlux
{image}{quote} SL -40 pips. When hidden divergence appeared assumed market would continue south. The H1/H2 open under ROMAR was not enough away from from ROMAR resistance and failed to account for flat BB.
When you assume with the Paradox is when you lose. You need to go back and study.
The Dove - Forex Trainer
  • #16,316
  • Jul 29, 2019 2:15pm Jul 29, 2019 2:15pm
Quoting downunderfx
H2 4 HM turning down, ROMAR at EMA, open below Smooth. H1 ROMAR crossing Purple. H4 Parabolic flipping. Entered short.{image}
SL hit
Market was consolidating.
Hidden divergence showing.
Market was going to reverse.
  • #16,317
  • Jul 29, 2019 5:59pm Jul 29, 2019 5:59pm
PAIR: EURJPY
RED NEWS: JPY NEWS
DAILY:
ROMAR: RESISTANCE
EMA: RESISTANCE
PSAR: RESISTANCE(eliminated)
NOTE: we have green 23 fibo as support,ema and macd arrows for up, 38 green fibo as resistance,smooth and white crossed purple for a swing up
H4:
ROMAR:RESISTANCE
EMA:SUPPORT
PSAR: SUPPORT(not set on stone)
NOTE: horsemen in a full blown uptrend with red 23 fibo as support,standard and hidden divergence attached top with 0.0 red fibo as resistance
H2:
ROMAR:SUPPORT
EMA:SUPPORT
PSAR:SUPPORT
NOTE: horsemen in an fullblown uptrend we have BB's opening up,17est candle close is above daily pivots,standard divergence attached top we have 0.0 red fibo as resistance and 23 red fibo as support
H1:
ROMAR:SUPPORT
EMA:SUPPORT
PSAR:SUPPORT
NOTE: white crossed purple ,we have 0 fio as resistance and 23 red fibo as support. ema/ma/macd arrows up.

FINAL NOTES:
we are in a consolidated uptrend,daily is at 38 green fibo resitance,h4 is out of balance with horsemen and red fibo 23 level is support,h2 has the trend set with 17est candle close above horsemen.
PROJECTED ENTRY
i will be going long with confluence on support on h2 with h4 or the daily,if sar attaches it would be a bonus, but wiht standard divergence on the trading chart i will be looking for a pull back to smooth and close above smooth would also be an entry long with confluence on h4 chart.
  • #16,318
  • Jul 29, 2019 6:51pm Jul 29, 2019 6:51pm
NEWS High impact news x3 JPY today

DAILY CHART - DATE: 30th July 2019


ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Up
Last DB Attachment Low
Fibo up or down Up
NOTES: 4 HM turning up. Market 47 pips above Purple at 38.2 green Fib.




4 HOUR CHART:

ROMAR: Resistance
EMA: Support
Parabolic: Support
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow
Last DB Attachment High
Fibo up or down Down
NOTES: DB attach with Std and Hidden Divergence at 0.0 Fib – Resistance
ROMAR approaching Purple for crossing at 23.6 Red Fib - Support



2 HOUR CHART:

Opening Price: 121.282
ROMAR: Support
EMA: Support
Parabolic: Support
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Up
Last DB Attachment High
Fibo up or down Down
NOTES: ROMAR, EMA and 4 HM uptrend. DB attach with Std Divergence
at 0.0 Red Fib. Approaching upper BB which is expanding.

1 HOUR CHART:

ROMAR: Support
EMA: Support
Parabolic: Support
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Down
Last DB Attachment N/A
Fibo up or down Down
NOTES: White has crossed Purple at 0.0 Red Fib



NOTES (All four charts):
Trading Chart (Trend, Swing, Consolidation) Market is in Consolidation, H2
is in a ROMAR and EMA uptrend with Std Divergence attached with
DB at 0.0 Red Fib.
H2 EMA, H2 23.6 Fib, H4 ROMAR at Purple and H4 23.6 Fib all Support
at around 121.04.

Entry: Wait for first 2 high impact news releases.
Enter with retrace to Support (see above) with DB attach low (retrace to bring out Hidden Divergence) and go long.
  • #16,319
  • Jul 29, 2019 11:59pm Jul 29, 2019 11:59pm
Quoting djiminova
PAIR: EURJPY RED NEWS: JPY NEWS DAILY: ROMAR: RESISTANCE EMA: RESISTANCE PSAR: RESISTANCE(eliminated) NOTE: we have green 23 fibo as support,ema and macd arrows for up, 38 green fibo as resistance,smooth and white crossed purple for a swing up H4: ROMAR:RESISTANCE EMA:SUPPORT PSAR: SUPPORT(not set on stone) NOTE: horsemen in a full blown uptrend with red 23 fibo as support,standard and hidden divergence attached top with 0.0 red fibo as resistance H2: ROMAR:SUPPORT EMA:SUPPORT PSAR:SUPPORT NOTE: horsemen in an fullblown uptrend we have BB's opening...
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2.png Size: 88 KB

With market balancing with daily purple and h4 horsemen still for the long, i took my entry long on hit on h2 Romar.Risk is a red tag in an hours' time, red fibo 23 on both 2h and 4h being the immediate resistance, awaiting on the results.
  • #16,320
  • Jul 30, 2019 8:17pm Jul 30, 2019 8:17pm
NEWS No high impact news today

DAILY CHART - DATE: 31st July 2019


ROMAR: Resistance
EMA: Resistance
Parabolic: Support
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Up
Last DB Attachment Low
Fibo up or down Up
NOTES: SAR attached at 38.2 Fib resistance yesterday’s bar.
Parabolic flipping on today’s bar. EMA approaching Purple.
Market at Purple between 23.6 and 38.2 Fibs.


4 HOUR CHART:

ROMAR: Resistance (and Support)
EMA: Support
Parabolic: Support
Check List:
Last MACD 0 Crossing Down (current bar)
Last EMA Alert Arrow
Last DB Attachment High
Fibo up or down Down
NOTES: ROMAR sliding over EMA to hold resistance and support.
(ROMAR crossed Purple 6 bars back).
ROMAR between Purple and EMA.
Market at 23.6 Red Fib.



2 HOUR CHART:

Opening Price: 121.115
ROMAR: Support
EMA: Support
Parabolic: Support
Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow Up
Last DB Attachment High
Fibo up or down Down
NOTES: DB attach is high with Std Divergence and SAR has broken away
to attach low,
4 HM, EMA and ROMAR in uptrend.
BB’s contracting running flat. MACD hardly registering.

1 HOUR CHART:

ROMAR: Support
EMA: Support
Parabolic: Support (but White has crossed Purple)
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Up
Last DB Attachment N/A
Fibo up or down Down
NOTES: White has crossed Purple and Smooth is at Purple currently.

NOTES (All four charts):
Trading Chart (Trend, Swing, Consolidation) Market is in consolidation,
moving sideways, between Daily 23.6 and 38.2 Fibs. It has retraced
to bring out Hidden Divergence on H2 which is yet to appear.
Currently H2 is in the middle of an upswing
(H2 ROMAR, EMA and 4 HM trends are up).
Currently resistance about 20 pips above market and support
about 20 pips below.

Entry: No trade at present. Must trade from support to resistance or vice versa. Must have 50 pips for trade to run.
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