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The Paradox System

  • #1,461
  • Feb 3, 2016 6:49pm Feb 3, 2016 6:49pm
Quoting dove_alliance
{quote} That is good - you can leave it.
Thank you. Please Master, if u have time can u comment something about this Bad trade http://www.forexfactory.com/showthre...52#post8731052 please.
  • #1,462
  • Feb 3, 2016 6:50pm Feb 3, 2016 6:50pm
So H1 and H2 are in up trends at Daily Romar resistance? Just trying to make sure I'm on the same page.
  • #1,463
  • Feb 3, 2016 6:53pm Feb 3, 2016 6:53pm
Quoting dove_alliance
{quote} No - that is not correct. You need to read everything to understand. It has already been laid out on many various posting in what makes ROMAR support and/or resistance.
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.

So the above only relates to the long term trend on the daily?
  • #1,464
  • Feb 3, 2016 6:55pm Feb 3, 2016 6:55pm
Quoting Contrax
I was making this picture while our Master and some students was posting new things... And now i feel retarded specially in what our Master says: {quote} But anyway im going to post my trade. I wait for ur comments Master. Thank you! {image}
The problem is in taking time placing everything together. We were at the bottom and trades should be long from the bottom. Patience is everything.
The Dove - Forex Trainer
  • #1,465
  • Feb 3, 2016 6:59pm Feb 3, 2016 6:59pm
Hi Dove

Is there a minimum screen width we should be using. I am having problems with Fibo and when it flips. If I zoom out the fibo is red and zoomed in the fibo is green.
  • #1,466
  • Feb 3, 2016 7:01pm Feb 3, 2016 7:01pm
Quoting Sicarius
So H1 and H2 are in up trends at Daily Romar resistance? Just trying to make sure I'm on the same page.
That is correct accept the 1 hour is also resistance - But the 2 hour Fibo had changed over and consolidation will make the change with ROMAR in time. Just trade the swings in consolidation and eventually will get you there. So far the 2 hour ROMAR has been the powerhouse for the support.
The Dove - Forex Trainer
  • #1,467
  • Feb 3, 2016 7:02pm Feb 3, 2016 7:02pm
Posting my first Daily Trading Plan:

DAILY CHART – DATE: 04.02.2016
ROMAR: Resistance
EMA: Support
Parabolic: Support

NOTES: Daily is in consolidation with the 4 horsemen in an uptrend.

2 HOUR CHART:

Opening: 130.875
ROMAR: Support
EMA: Resistance
Parabolic: Support

NOTES: Market is currently in cosolidation with the 2H showing a current upswing. The 4 horsemen are showing an uptrend. This uptrend will strengthen once EMA crosses Purple and becomes support.

1 HOUR CHART:

ROMAR: Resistance
EMA: Support
Parabolic: Support

Notes:

Entry: The 4 horsemen are showing an uptrend. EMA has added support when crossing Purple 2 bars ago. I will take my long entry on the next bar open to take 20 pips with a 40 SL.

Would greatly appreciate your comments Dana.

Regards
Noni
  • #1,468
  • Feb 3, 2016 7:04pm Feb 3, 2016 7:04pm
i see a nice entry point on EU..
  • #1,469
  • Feb 3, 2016 7:05pm Feb 3, 2016 7:05pm
Hi Dove,
So now we wait for the SAR to appear again and then going long? is that correct? Thanks
  • #1,470
  • Feb 3, 2016 7:07pm Feb 3, 2016 7:07pm
Quoting nonibadsha
Posting my first Daily Trading Plan: DAILY CHART DATE: 04.02.2016 ROMAR: Resistance EMA: Support Parabolic: Support NOTES: Daily is in consolidation with the 4 horsemen in an uptrend. 2 HOUR CHART: Opening: 130.875 ROMAR: Support EMA: Resistance Parabolic: Support NOTES: Market is currently in cosolidation with the 2H showing a current upswing. The 4 horsemen are showing an uptrend. This uptrend will strengthen once EMA crosses Purple and becomes support. 1 HOUR CHART: ROMAR: Resistance EMA: Support Parabolic: Support Notes: Entry: The 4 horsemen...
A very good thought out trading plan, Noni.
The Dove - Forex Trainer
  • #1,471
  • Feb 3, 2016 7:12pm Feb 3, 2016 7:12pm
Quoting mav3n
Hi Dove, So now we wait for the SAR to appear again and then going long? is that correct? Thanks
I believe we wait for retraces to the 4 horseman (which includes SAR), I'm unsure if we are waiting for a candle close or if we enter at the touches. H1 and Daily Romar are right there as resistance so I'm not sure trading long is right atm.
  • #1,472
  • Feb 3, 2016 7:15pm Feb 3, 2016 7:15pm
Quoting tonybrou
{quote} 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. So the above only relates to the long term trend on the daily?
The Daily in not a trading chart but does follow the rules. The Daily is reference only for support and resistance. Right now the Daily is in the uptrend with the horsemen. ROMAR had crossed purple placing the Daily in consolidation because of the 2 hour ROMAR support. And because of this scenario with the Daily consolidating will surely give the Daily ROMAR a chance of crossing EMA to reverse the trend up. And that will give EUR the upper hand of taking off with the market; especially with the 2 hour having the powerhouse with ROMAR support.

I hope that answers your question.
The Dove - Forex Trainer
  • #1,473
  • Feb 3, 2016 7:22pm Feb 3, 2016 7:22pm
Traders - I suggest very strongly to place more value on the 2 hour chart then the 1 hour.
The Dove - Forex Trainer
  • #1,474
  • Feb 3, 2016 7:33pm Feb 3, 2016 7:33pm
Quoting rcbarlow
Unfortunately for me, creating it and interpreting it is a different ball of wax.
Well my friend, I suggest very strongly in learning how to interpret in making a trading plan. Even I - before I even start my day of trading; a plan is created so I can visually see what is happening in the market. Without it - you are only defeating yourself.
The Dove - Forex Trainer
  • #1,475
  • Feb 3, 2016 7:36pm Feb 3, 2016 7:36pm
Dove, would you have taken that E/J H1 touch of the smooth or not because of Romars?
  • #1,476
  • Feb 3, 2016 7:38pm Feb 3, 2016 7:38pm
The Entry in a trend. I mean... i know that crossing Purple - White is the begining of a Swing and possible entry. (We need Purple cross White and Smooth before we take a trade). Right now in H2 in my plan daily plan is looking for Longs. But im little confuse about when to entry... (last time i sell at the bottom..) , my plan is wait for the price retrace and create a Magneta SAR so i know that is the current bottom and place my buy position?

Last time i take my short when it touch Ema and Parabolic (resistance) but actually there was the bottom. I want to understand that Master.
  • #1,477
  • Feb 3, 2016 7:44pm Feb 3, 2016 7:44pm
Quoting Sicarius
Dove, would you have taken that E/J H1 touch of the smooth or not because of Romars?
To be honest - I do not trade the 1 hour. The 2 hour is the only chart I trade. During training I give reference with the 1 hour in seeing a trade with the 2 hour. But to answer your question is no I would not have. The entry was the open above EMA with the Smooth crossing.

Right now I am on hold for an entry because of the 1 hour ROMAR. After ROMAR crosses EMA then I would be looking for a long trade but - I be sleeping by then.
The Dove - Forex Trainer
  • #1,478
  • Feb 3, 2016 7:50pm Feb 3, 2016 7:50pm
i set my stoploss just below the EMA on H2
  • #1,479
  • Feb 3, 2016 7:53pm Feb 3, 2016 7:53pm
OK traders - I must call it a night. I am really exhausted of my days being long. So, take care; trade well; and God bless us all. Good-night.
The Dove - Forex Trainer
  • #1,480
  • Feb 3, 2016 8:06pm Feb 3, 2016 8:06pm
Quoting dove_alliance
OK traders - I must call it a night. I am really exhausted of my days being long. So, take care; trade well; and God bless us all. Good-night.
Ok Dana, have GoodNight.
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