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The Paradox System

  • #16,821
  • Aug 1, 2020 7:35am Aug 1, 2020 7:35am
Hi Mexican,

My apologies for the curtailed thread [16819] - I was unable to continue with my reply. Which would have been:

May I take this opportunity to thank you in hopeful anticipation of your attention to the above.

Regards,

Maas
  • #16,822
  • Aug 2, 2020 4:56am Aug 2, 2020 4:56am
Quoting mexican301
{quote} Hi Maas, It is my understanding that the Fibo is used solely for support and resistance levels and works wonders with DB/SAR on ranging and consolidations markets but doesn't solely make it consolidation. I've spent the last couple of weeks re-reading it and am only just starting to get that little light bulb glowing after years on this thread. What makes consolidations? Dove has stated that ROMAR and EMA change trend or an out of sync among the charts such as ROMAR, EMA or Parabolics (PSar) from chart to chart make it a consolidation. I...
Hi Mexican,

Many, many thanks for taking the time to share your experience with a neophyte.

Regards,

Maas
  • #16,823
  • Edited 5:09am Aug 2, 2020 4:58am | Edited 5:09am
Quoting maas
{quote} Hi Mexican, Many, many thanks for taking the time to share your experience with a neophyte. Regards, Maas
And yes fibo is consolidation against a full uptrend and thats why dove always says make sue there is 40 to the top. I highly suggest you go back and keep studying from one novice to another. and posting plans is good practice

Regards,
Mexican
Causa sui
  • #16,824
  • Aug 2, 2020 6:27pm Aug 2, 2020 6:27pm
EURJPY Date: 03/08/2020

News: 21:00 (GMT +7) ISM PMI (USD)

Daily
Market opened right above purple
ROMAR - Support
EMA - Support
PSAR – Support
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
FIBO: down
Notes: Daily is in full uptrend, hit the top of Fibo with DB/SAR and both divergences attached. Fibo turned red

4HR:
ROMAR - Support
EMA - Support
PSAR – Support
FIBO: down
Notes: H4 in full uptrend and same with daily DB/SAR and both divergences attached. Fibo turned red

2 HR:
OPEN PRICE – 124.661
ROMAR - Support
EMA - Support
PSAR – Support
Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Fibo up or down: down
Notes: In the moment, H2 in full uptrend with SAR seperated from DB attached right above EMA

1 HR:
ROMAR - Support
EMA – Support
PSAR - Resistance
Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: Up
Fibo up or down: down
Notes: PSAR just flipped to resistance and lock-in. Purple crossed white and smooth, and at EMA for crossing/sliding


Final Notes: D1, H4 and H2 are still in uptrend. H1 Psar flipped and locked putting market into consolidation

Entry:
Long: will go long with a retraced back to H2 PSAR with SAR attached with enough 40 pips to resistance

Short: will go short only with purple crossed EMA down in H2 and PSAR flip to resistance
  • #16,825
  • Aug 2, 2020 11:05pm Aug 2, 2020 11:05pm
Currency: EUR/JPY Date: 03/08/2020
Daily:
ROMAR - support
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: top 125.195
Last SAR Attachment: top 125.195
Fibonacci: red 54pips to top

Notes: Daily in full up trend with DB/SAR attached up top and room for 40 up top.

4 HR:
ROMAR - support
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: top 125.195
Last SAR Attachment: top 125.195
Fibonacci: red

Notes: H4 in full uptrend with DB/SAR attached up top with red fibo and market currently below 23.6.

2 HR:
OPEN PRICE – 124.663
ROMAR - support
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing: down (not confirmed yet)
Last EMA Alert Arrow: up
Last DB Attachment: top 125.195
Last SAR Attachment: bottom 124.482
Fibonacci: red

Notes: H2 in full uptrend with DB up top and sar at bottom. PxW with a close below smooth. MacD about to b confirmed down with EMA arrow up

1 HR:
ROMAR - support
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Fibonacci: red

Notes: H1 in consolidation with higher timeframes. Parabolic has flipped to resistance with EMA and purple sliding on top of each other.

EUR, USD, JPY Market news: 12am tomorrow USD ISM Manufacturing PMI

Final Notes: Daily, H4 and H2 are in an uptrend with H1 in consolidation with the Psar flip and EMA.

Market type: Consolidation trading from support to resistance I will be looking for a buy with H2 SAR attaching at EMA been cautious that the H2 may turn.
Causa sui
  • #16,826
  • Edited 3:13am Aug 3, 2020 2:02am | Edited 3:13am
Quoting mexican301
Currency: EUR/JPY Date: 03/08/2020 Daily: ROMAR - support EMA - support PSAR - support Check List: Last MACD 0 crossing: up Last EMA Alert Arrow: up Last DB Attachment: top 125.195 Last SAR Attachment: top 125.195 Fibonacci: red 54pips to top Notes: Daily in full up trend with DB/SAR attached up top and room for 40 up top. 4 HR: ROMAR - support EMA - support PSAR - support Check List: Last MACD 0 crossing: up Last EMA Alert Arrow: up Last DB Attachment: top 125.195 Last SAR Attachment: top 125.195 Fibonacci: red Notes: H4 in full uptrend with DB/SAR...
I forgot to mention that on H2 there was purple and white crossing and open below smooth.

Entry for the long with the SAR attaching at Psar
edit:Rule for entry:
1: ROMAR , EMA, and the 4 Horsemen must be in sync on both H1 and H2 to trade long.
2: The H1 is your reference charts with the H2 your trading chart. Always check the Daily before pulling the trigger.
3: Trades are taken from Bottom support area to the Top resistance area . Use the H2 chart for your entry.

already broke a rule rushing into a trade with the parabolic flip making it consolidation not trend
Attached Image (click to enlarge)
Click to Enlarge Name: 3.08.2020 EURJPY.PNG Size: 72 KB
Causa sui
  • #16,827
  • Aug 3, 2020 2:40am Aug 3, 2020 2:40am
there is nothing I could be of help, Havent seen Ej for quite sometime. Trading Gu exclusively.
To reach that level of determination is a matter of the will.
  • #16,828
  • Aug 3, 2020 5:09am Aug 3, 2020 5:09am
Quoting mexican301
{quote} I forgot to mention that on H2 there was purple and white crossing and open below smooth. Entry for the long with the SAR attaching at Psar edit:Rule for entry: 1: ROMAR , EMA, and the 4 Horsemen must be in sync on both H1 and H2 to trade long. 2: The H1 is your reference charts with the H2 your trading chart. Always check the Daily before pulling the trigger. 3: Trades are taken from Bottom support area to the Top resistance area . Use the H2 chart for your entry. already broke a rule rushing into a trade with the parabolic flip making...
SL hit -40pips. Very bad trade. In this situation it would have been better to have the market above H1 EMA and/or in sync with the H2 for a buy.

When I entered the H4 support was at minimum 20 pips away and the H2 was indicating the turn with the 4horsemen matching up with the H1 horsemen with ROMAR been the target.
Causa sui
  • #16,829
  • Edited 10:10pm Aug 3, 2020 6:25am | Edited 10:10pm
Quoting eyesonme
EURJPY Date: 03/08/2020 News: 21:00 (GMT +7) ISM PMI (USD) Daily Market opened right above purple ROMAR - Support EMA - Support PSAR – Support Last MACD 0 crossing: Up Last EMA Alert Arrow: Up FIBO: down Notes: Daily is in full uptrend, hit the top of Fibo with DB/SAR and both divergences attached. Fibo turned red 4HR: ROMAR - Support EMA - Support PSAR – Support FIBO: down Notes: H4 in full uptrend and same with daily DB/SAR and both divergences attached. Fibo turned red 2 HR: OPEN PRICE – 124.661 ROMAR - Support EMA - Support PSAR – Support Check...
I decided to go short at this open candle
Rule of entry:
H1 and H2 Psar and EMA switched to resistances putting market back to consolidation so trading is both way and H2 is your trading chart
After purple crosses EMA, market retraced back and open below purple
H2 DB/SAR on top with both divergences so I expect the next DB attached down so market should move further down
Entry must have at least 40 pips to Romar resistance/support
  • #16,830
  • Aug 3, 2020 10:11pm Aug 3, 2020 10:11pm
Quoting eyesonme
{quote} I decided to go short at this open candle Rule of entry: H1 and H2 Psar and EMA switched to resistances putting market back to consolidation so trading is both way and H2 is your trading chart After purple crosses EMA, market retraced back and open below purple H2 DB/SAR on top with both divergences so I expect the next DB attached down so market should move further down Entry must have at least 40 pips to Romar resistance/support
Result: SL -40 hit with new daily candle

The short ended as market hit H1 Romar, H2 Romar and D1 smooth - a confluence of strong supports. Market got back to H2 Romar and daily trend

I have a question here which I am unsure what is the correct rule to apply here. Should I directly enter short with the open of the blue arrow candle when purple crossed EMA down and we have more than 40 pips to H2 Romar which should have hit TP in this case or should I wait for a retrace to purple which did not happen in this candle.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2.png Size: 65 KB
  • #16,831
  • Aug 4, 2020 7:51am Aug 4, 2020 7:51am
Quoting eyesonme
{quote} I decided to go short at this open candle Rule of entry: H1 and H2 Psar and EMA switched to resistances putting market back to consolidation so trading is both way and H2 is your trading chart After purple crosses EMA, market retraced back and open below purple H2 DB/SAR on top with both divergences so I expect the next DB attached down so market should move further down Entry must have at least 40 pips to Romar resistance/support
Where did your entry image go?
If you make up your own rules then the story is sad.....
  • #16,832
  • Aug 4, 2020 9:46am Aug 4, 2020 9:46am
Quoting OliveBranch
{quote} Where did your entry image go?
I accidently deleted the pic when I edit my result post. I went short at open of the candle right after the blue candle in my result post.
  • #16,833
  • Aug 4, 2020 6:24pm Aug 4, 2020 6:24pm
Are you're informing us that you haven't got it saved on or with your trading plan journal? And therefore... the only visual records that you keep of all your entry trades and all your exit charts are on this thread?
If you make up your own rules then the story is sad.....
  • #16,834
  • Aug 4, 2020 6:34pm Aug 4, 2020 6:34pm
EURJPY Date: 05/08/2020

News: 21:00 (GMT +7) ISM PMI (USD)

Daily
Market opened right above purple
ROMAR - Support
EMA - Support
PSAR – Support
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
FIBO: down
Notes: Daily is in full uptrend, Top at 125.195

4HR:
ROMAR - Support
EMA - Support
PSAR – Support
FIBO: down
Notes: H4 in full uptrend and same with daily

2 HR:
OPEN PRICE – 124.602
ROMAR - Support
EMA - Resistance
PSAR – Resistance (eliminated)
Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: Up
Fibo up or down: down
Notes: After hitting Romar support, market move back up very fast

1 HR:
ROMAR - Support
EMA – Support
PSAR - Support
Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Fibo up or down: down
Notes: H1 is back in full uptrend with all four horsemen sharply moving up. Fibo is still red

Final Notes: D1 and H4 are still up. H2 and H1 are getting back to the bigger daily trend after the big down swing yesterday hitting H2 Romar support.

Entry:
Long: will go long to catch this up movement with people cross smooth and market open above EMA in H2
  • #16,835
  • Aug 4, 2020 6:49pm Aug 4, 2020 6:49pm
Quoting OliveBranch
Are you're informing us that you haven't got it saved on or with your trading plan journal? And therefore... the only visual records that you keep of all your entry trades and all your exit charts are on this thread?
I keep both the entry and the after the fact pic with my entry and exit point in it. I know the important of keeping journal as every successful trader here suggests.

But something went wrong with me yesterday, even my demo account goes strangely, I can't find any history of my trade in it anymore for the month, so I can't even keep the after the fact picture with entry and exit. The only picture I have for the trade yesterday now is the one with the blue arrow.

Will learn from this mistake and never do these thing again when I just wake up and not clear yet, otherwise problems will happen again
  • #16,836
  • Aug 4, 2020 7:03pm Aug 4, 2020 7:03pm
My demo history goes back to 2018. Maybe someone can help you figure out how to get all your history back.
Here is something I have found, but not sure how to apply it. Perhaps someone else can assist.

MT4 Context Menu
Commands allowing to manage the history range and data performance, as well as commands of history data export are grouped in the context menu:

  1. All History – show the entire account history. At this command execution, the whole financial history of the account will appear in the screen without any limitations by time;
  2. Last 3 Months – show only the last 3-months history. The history of orders is requested by their close time;
  3. Last Month – show only the last month history. The history of orders is requested by their close time;

If you make up your own rules then the story is sad.....
  • #16,837
  • Aug 4, 2020 7:20pm Aug 4, 2020 7:20pm
Quoting OliveBranch
My demo history goes back to 2018. Maybe someone can help you figure out how to get all your history back. Here is something I have found, but not sure how to apply it. Perhaps someone else can assist. MT4 Context Menu Commands allowing to manage the history range and data performance, as well as commands of history data export are grouped in the context menu: All History – show the entire account history. At this command execution, the whole financial history of the account will appear in the screen without any limitations by time; Last 3 Months...
I did choose the all history option but then nothing showed up although the balance is still updated.

I guess this is the new policy at Forex.com when they delete all the history of the demo account after they expired.

I already open another demo account and everything work fine.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: IMG_0411.jpg Size: 263 KB
Click to Enlarge Name: IMG_0410.jpg Size: 263 KB
  • #16,838
  • Aug 4, 2020 7:40pm Aug 4, 2020 7:40pm
Here's your entry chart
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY H2 Eyes Entry.png Size: 164 KB
If you make up your own rules then the story is sad.....
  • #16,839
  • Aug 4, 2020 8:09pm Aug 4, 2020 8:09pm
Quoting OliveBranch
Here's your entry chart {image}
Thanks so much OB

Do you have any comments on this trade of mine ?
  • #16,840
  • Aug 4, 2020 9:33pm Aug 4, 2020 9:33pm
Quoting eyesonme
{quote} I decided to go short at this open candle Rule of entry: H1 and H2 Psar and EMA switched to resistances putting market back to consolidation so trading is both way and H2 is your trading chart After purple crosses EMA, market retraced back and open below purple H2 DB/SAR on top with both divergences so I expect the next DB attached down so market should move further down Entry must have at least 40 pips to Romar resistance/support
Sure.
"You must have 40 pips to romar resistance/support". Which you had. However in your review, nothing was said/identified in what was showing on the H4 chart.
If you make up your own rules then the story is sad.....
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