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The Paradox System

  • #16,461
  • Aug 19, 2019 8:00pm Aug 19, 2019 8:00pm
NEWS No high impact news today

DAILY CHART - DATE: Tues 20th August 2019


ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Down
Last DB Attachment Low 117.505
Fibo up or down Up
NOTES: ROMAR out of trading area. 4 HM in a slider, Fibo up but market meeting resistance.


4 HOUR CHART:

ROMAR: Resistance
EMA: Support
Parabolic: Support
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow
Last DB Attachment High 118.465
Fibo up or down Down
NOTES: White at Purple to eliminate Parabolic if it completes the crossing.
61.8 Fib resistance. EMA is support.


2 HOUR CHART:

Opening Price: 118.098
ROMAR: Resistance
EMA: Support with Purple, Resistance with ROMAR
Parabolic: Support ( eliminated with White crossing Purple)
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Up
Last DB Attachment High 118.464
Fibo up or down Up
NOTES: Market has reached ROMAR and ROMAR is running through the center of the trading area. SAR has detached from the DB.

1 HOUR CHART:

ROMAR: Support
EMA: Resistance with Purple, Support with ROMAR
Parabolic: Resistance (eliminated with White crossing Purple)
Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow Up
Last DB Attachment N/A
Fibo up or down Down
NOTES: ROMAR running through the center of the trading area.
NOTES (All four charts): The market is in consolidation.
Last DB attachment on the H2 (trading chart) was high.
Market is currently ‘in the middle’.

Entry: Wait for a DB attachment low on the H2 and look for an entry to go long.
  • #16,462
  • Aug 20, 2019 3:36am Aug 20, 2019 3:36am
Quoting Sinai
DAILY PLAN – 19/08/19: NEWS: No Red News H1: ROMAR - Support EMA - Support PSAR - Support FIBO - DOWN Notes: White crossed purple. ROMAR has crossed EMA H2: ROMAR - Resistance EMA - Support PSAR - Support Check List: Last MACD crossing - UP Last EMA Alert Arrow - UP Fibo - UP Notes: ROMAR crossed purple. Hidden Divergence is attached on DB and SAR at 61.8. There is a triple bottom on H2. H4: ROMAR - Resistance EMA - Support PSAR - Support Check List: Fibo - DOWN Notes: PSAR changed for support. EMA crossed purple. EMA still didn't cross smooth....
SL hit.
My entry was good for a trend not for consolidation, i have to remind myself of rules.

Best regards,
Hugo
  • #16,463
  • Aug 20, 2019 4:05am Aug 20, 2019 4:05am
Quoting Sinai
{quote} SL hit. My entry was good for a trend not for consolidation, i have to remind myself of rules. Best regards, Hugo
U traded against the DB and SAR both showing for the down @ 61.8 heavy resistance with the Bollinger Band Hit. I was about to short that but as per rule not to be greedy, 40 pips a day and get out of your station.
To reach that level of determination is a matter of the will.
  • #16,464
  • Edited 4:24am Aug 20, 2019 4:12am | Edited 4:24am
Traders. Pay attention with the DBSAR and DB and SAR. The DBSAR is when SAR is under the DB attachment. DB and SAR is when both are attached and both showing with Hidden divergence. Everything in the paradox is important. And Also MA20 MA5 are being taken for granted. When I studied everything in the paradox that is when I was able to trade in the moment.


I sacrifice everyday by waking up between 17:00-1800 EST just to reboot the system in order to get the correct data. Then Ill be going back to sleep and return an hour before frankfurt open.
To reach that level of determination is a matter of the will.
  • #16,465
  • Aug 20, 2019 6:45pm Aug 20, 2019 6:45pm
Quoting TraderMarcos
Traders. Pay attention with the DBSAR and DB and SAR. The DBSAR is when SAR is under the DB attachment. DB and SAR is when both are attached and both showing with Hidden divergence. Everything in the paradox is important. And Also MA20 MA5 are being taken for granted. When I studied everything in the paradox that is when I was able to trade in the moment. I sacrifice everyday by waking up between 17:00-1800 EST just to reboot the system in order to get the correct data. Then Ill be going back to sleep and return an hour before frankfurt open.
Thank you Marcos, all these insights help.
Regarding restarting the platform, last year, post 13,747 Pandakker posted a small .cmd file that can be placed into Windows Task Scheduler that will automatically shut down the platform at a specified time and reopen it after a specified time as well.
I've been using it for some time and it works very well. When Daylight Saving starts or finishes you have to modify the time the Task Scheduler performs the command but otherwise it's set and forget.
  • #16,466
  • Aug 20, 2019 6:46pm Aug 20, 2019 6:46pm
Quoting downunderfx
NEWS No high impact news today DAILY CHART - DATE: Tues 20th August 2019 ROMAR: Resistance EMA: Resistance Parabolic: Resistance Check List: Last MACD 0 Crossing Up Last EMA Alert Arrow Down Last DB Attachment Low 117.505 Fibo up or down Up NOTES: ROMAR out of trading area. 4 HM in a slider, Fibo up but market meeting resistance. 4 HOUR CHART: ROMAR: Resistance EMA: Support Parabolic: Support Check List: Last MACD 0 Crossing Up Last EMA Alert Arrow Last DB Attachment High 118.465 Fibo up or down Down NOTES: White at Purple to eliminate Parabolic...
No trade.
I had finished for the day when the breakout south occurred.
  • #16,467
  • Aug 20, 2019 9:44pm Aug 20, 2019 9:44pm
NEWS No high impact news today

DAILY CHART - DATE: Wed 21st Aug 2019


ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Down
Last DB Attachment Low 117.503
Fibo up or down Up
NOTES: Market ranging between 0.0 Fib support and 4 HM / EMA resistance – there are less than 90 pipsfor movement.




4 HOUR CHART:

ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Up (current bar)
Last EMA Alert Arrow
Last DB Attachment Low – 117.569
Fibo up or down Up
NOTES: SAR has detached from low DB and is currently above Parabolic.



2 HOUR CHART:

Opening Price: 117.867
ROMAR: Resistance
EMA: Support (currently crossing Purple)
Parabolic: Support
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Up
Last DB Attachment High (attaching on current bar)
Fibo up or down DownBB’s flat.
NOTES: Market ranging with Std divergence attaching with the DB and thistle box at the top at the 23.6 red Fib (resistance).




1 HOUR CHART:

ROMAR: Resistance
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 Up
NOTES: BB’s expanding and 4 HM turning up.

NOTES (All four charts): The H2 is facing resistance at 23.6 / ROMAR but otherwise the next resistance is 20+ pips away at Daily EMA, H4 ROMAR, H2 0.0 fib and upper BB and H1 100 Fib.
Entry: H1 and H2 4 HM up at present with EMA as support. The market is ranging and DB with Std divergence has appeared on H2. The market is likely to continue up to resistance (see above). It may retrace to the Parabolic before then but the Parabolic is currently only 40 pips away.
If the market retraces on the next bar from the 23.6 fib / ROMAR (4HM pattern is eliminating ROMAR resistance), no trade because the target is to close.
If the market continues up to the H2 Parabolic I will wait for the H1, H2 turn sequence and as long as support (and Parabolic, if active) are 50+ pips away I will go short.
  • #16,468
  • Aug 21, 2019 9:33am Aug 21, 2019 9:33am
DAILY PLAN – 21/08/19:
NEWS:
20h USD

H1:
ROMAR - Support
EMA - Support
PSAR - Support
FIBO - DOWN
Notes:
White and Smooth crossed purple.
Ema is pointing to cross purple.
BB are inside trading zone.

H2:
ROMAR - Resistance
EMA - Support
PSAR - Support
Check List:
Last MACD crossing - UP
Last EMA Alert Arrow - UP
Fibo - DOWN
Notes:
White crossed purple.
Standart Divergence is attached near 23.6.
DB is attached with SAR UP
Last DB hits were with SAR on BB.

H4:
ROMAR - Resistance
EMA - Support
PSAR - Support
Check List:
Fibo - UP
Notes:
PSAR changed for support.
SAR is attached up and DB down.
White crossed Smooth and EMA crossed purple.

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

Final Notes for all charts:
We are in BB ranging.
Risks:
DB not attached in H4.

Entry:
Sell: On BB hit or open bellow smooth.

Best regards,
Hugo

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot at 2019-08-21 16-16-48.png Size: 43 KB
  • #16,469
  • Aug 21, 2019 12:56pm Aug 21, 2019 12:56pm
Quoting Sinai
DAILY PLAN – 21/08/19: NEWS: 20h USD H1: ROMAR - Support EMA - Support PSAR - Support FIBO - DOWN Notes: White and Smooth crossed purple. Ema is pointing to cross purple. BB are inside trading zone. H2: ROMAR - Resistance EMA - Support PSAR - Support Check List: Last MACD crossing - UP Last EMA Alert Arrow - UP Fibo - DOWN Notes: White crossed purple. Standart Divergence is attached near 23.6. DB is attached with SAR UP Last DB hits were with SAR on BB. H4: ROMAR - Resistance EMA - Support PSAR - Support Check List: Fibo - UP Notes: PSAR changed...

Bad trade, closed due to News.
Should have waited for a BB hit, made my reasons just so to make a trade today.

Best regards,
Hugo
  • #16,470
  • Aug 21, 2019 7:09pm Aug 21, 2019 7:09pm
Quoting downunderfx
NEWS No high impact news today DAILY CHART - DATE: Wed 21st Aug 2019 ROMAR: Resistance EMA: Resistance Parabolic: Resistance Check List: Last MACD 0 Crossing Up Last EMA Alert Arrow Down Last DB Attachment Low 117.503 Fibo up or down Up NOTES: Market ranging between 0.0 Fib support and 4 HM / EMA resistance – there are less than 90 pipsfor movement. 4 HOUR CHART: ROMAR: Resistance EMA: Resistance Parabolic: Resistance Check List: Last MACD 0 Crossing Up (current bar) Last EMA Alert Arrow Last DB Attachment Low – 117.569 Fibo up or down Up NOTES:...
No trade. The market moved only 45 pips for the day
  • #16,471
  • Aug 21, 2019 7:11pm Aug 21, 2019 7:11pm
NEWS High impact news in 7 hours

DAILY CHART - DATE: Thursday 22 Aug 2019


ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Down
Last DB Attachment Low – 117.505
Fibo up or down Up
NOTES: 4 HM shallow trend down. Market ranging between EMA resistance and 0.0 Fib. Market balanced – 24 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 – 117.569
Fibo up or down Up
NOTES: Upper BB, ROMAR and 50.0 Fib resistance 25 pips above market.
Parabolic and 23.6 Fib support 24 pips below



2 HOUR CHART:

Opening Price: 118.165
ROMAR: Resistance – EMA sliding under.
EMA: Support
Parabolic: Support (eliminated)
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Up
Last DB Attachment High – 118.320
Fibo up or down Up
NOTES: BB,s flat, ROMAR running through center. Std divergence attached with DB. 4 HM turning down.

1 HOUR CHART:

ROMAR: Support
EMA: Support
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: BB’s flat, 4 HM flat and compressed. 15 pips from support to resistance.

NOTES (All four charts): Daily EMA holding resistance and 0.0 Fib support. BB’s flat on H 1,2 and 4.

Trading Chart: H2 BB consolidation and ROMAR running through center. DB attached high. Next attachment should be low but the market needs to go higher to bring out Hidden Divergence (first?).
Entry: Wait for a breakout to go short. Open below EMA on H2.
  • #16,472
  • Aug 22, 2019 5:31am Aug 22, 2019 5:31am
Are you also seeing this in your charts?
Hidden Divergence showing on Top and Bottom of the range without Standart divergence attached.

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 66 KB
  • #16,473
  • Aug 22, 2019 5:32am Aug 22, 2019 5:32am
Would someone care to share their H2 chart from 30-90 minutes ago & the also the current H2 chart please?
I had 2 DB's change from DB's into the current last 2 SAR's
If you make up your own rules then the story is sad.....
  • #16,474
  • Aug 22, 2019 5:33am Aug 22, 2019 5:33am
Thanks Hugo, would you have a screenshot from earlier?
If you make up your own rules then the story is sad.....
  • #16,475
  • Aug 22, 2019 5:39am Aug 22, 2019 5:39am
Quoting OliveBranch
Would someone care to share their H2 chart from 30-90 minutes ago & the also the current H2 chart please? I had 2 DB's change from DB's into the current last 2 SAR's
I also had DB attached at 117.726 tag but it disappeared from there.
DB is the long term trend and it can repaint. Unfortunately i did not take a screenshot OliveBranch.
  • #16,476
  • Aug 22, 2019 5:40am Aug 22, 2019 5:40am
Quoting Sinai
Are you also seeing this in your charts? Hidden Divergence showing on Top and Bottom of the range without Standart divergence attached. {image}
Also both SARs on there had DB attachments at the 117.726 and 118.290. First i've ever seen DB disappear after an attachment
Causa sui
  • #16,477
  • Aug 22, 2019 6:04am Aug 22, 2019 6:04am
Quoting Sinai
{quote} I also had DB attached at 117.726 tag but it disappeared from there. DB is the long term trend and it can repaint. Unfortunately i did not take a screenshot OliveBranch.
I am firmly imprinted upon with there is no repainting once a bar closes.
So I'm in the same position as Mexican because the DB/SAR as one unit was definitely there after the close of the bar at the top from 118.320 going to bottom = 117.726 .....then with a DB/SAR as one unit also from 117.726 to up top at 118.290 whilst that bar was still running, whereby before close of bar, it created a new low by 0.06 of a pip (117.720) than the DB/SAR of the previous bar (117.726).
I came back to charts to find SAR's only & therefore with both DB's gone.
If you make up your own rules then the story is sad.....
  • #16,478
  • Aug 22, 2019 6:11pm Aug 22, 2019 6:11pm
Quoting downunderfx
NEWS High impact news in 7 hours DAILY CHART - DATE: Thursday 22 Aug 2019 ROMAR: Resistance EMA: Resistance Parabolic: Resistance Check List: Last MACD 0 Crossing Up Last EMA Alert Arrow Down Last DB Attachment Low – 117.505 Fibo up or down Up NOTES: 4 HM shallow trend down. Market ranging between EMA resistance and 0.0 Fib. Market balanced – 24 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 – 117.569 Fibo up or down Up NOTES: Upper...
No trade, Market too close to support on trigger bar.
I don't think there was a valid signal on an earlier bar but prepared to be convinced otherwise.
  • #16,479
  • Aug 22, 2019 7:18pm Aug 22, 2019 7:18pm
Quoting downunderfx
{quote} No trade, Market too close to support on trigger bar. I don't think there was a valid signal on an earlier bar but prepared to be convinced otherwise.
There was one opportunity for a trade at 04:00 ET.

At 03:15 you had 2 red tags with the EUR. Then at 03:30 you had 2 more red tags with the EUR. Both releases happened on the 02:00 H2 bar which closed at 04:00. The closing 02:00 bar was at the downtrend Parabolic with ROMAR just crossing EMA on the previous bar for the down. The next opening bar at 04:00 was the entry for the short to bring the market below ROMAR and the RED 23.6 Fibo. Because the bottom of the Green previous bar was below the 61.8 means that the down pressure will bring it back below the 61.8.

you always have to remember if the market gets above resistance it will return to support. If the market gets below support it will return to resistance. In this scenario it was above resistance and return back to support and then back again to resistance. Which is the 23.6 and the 61.8 of the Fibo with the trend down.

After all the BS that happened you are now stuck between the upper and lower Divergence to bring out the Hidden on either the top or bottom. And that my friend ends the story..
The Dove - Forex Trainer
  • #16,480
  • Aug 22, 2019 7:32pm Aug 22, 2019 7:32pm
Quoting dove_alliance
{quote} There was one opportunity for a trade at 04:00 ET. At 03:15 you had 2 red tags with the EUR. Then at 03:30 you had 2 more red tags with the EUR. Both releases happened on the 02:00 H2 bar which closed at 04:00. The closing 02:00 bar was at the downtrend Parabolic with ROMAR just crossing EMA on the previous bar for the down. The next opening bar at 04:00 was the entry for the short to bring the market below ROMAR and the RED 23.6 Fibo. Because the bottom of the Green previous bar was below the 61.8 means that the down pressure will bring...
Thank you Dove,
I saw that bar in retrospect but not all the features you have described, I was too focused on Divergence.
Your explanation makes it all so clear - I just haven't developed the depth of understanding of the Paradox to act on that kind of signal.
I feel I'm still working on Paradox 101.
Thanks again.
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