Hi Contrax, i think i can answer that for you.
Daily: Romar Resistance
4 Horsemen Uptrend
H2: Romar Support
Notes: Price respecting Romar as a support
H1: Romar Resistance
Notes: White cross purple with parabolic being eliminated, 2 outcomes: bounce off parabolic or market break parabolic with open candle on other side.
Why this is a bad trade:
Firstly Market is in a consolidation stage, h2 Romar only becomes a resistance if ema crosses it (in this case it did not cross). On the other hand, you should have prepared to do a buy on the next h2 bar( purple cross white and parabolic eliminated). Let me know if this follows the rules of the paradox system.
{quote} Hi Contrax, i think i can answer that for you. Daily: Romar Resistance 4 Horsemen Uptrend H2: Romar Support Notes: Price respecting Romar as a support H1: Romar Resistance Notes: White cross purple with parabolic being eliminated, 2 outcomes: bounce off parabolic or market break parabolic with open candle on other side. Why this is a bad trade: Firstly Market is in a consolidation stage, h2 Romar only becomes a resistance if ema crosses it (in this case it did not cross). On the other hand, you should have prepared to do a buy on the next...
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Yes more or less.. but in that time.. when i entry white didnt cross purple yet... but for better lets wait to Dana comments. Thank you for ur answer stevox!
Its a pity Dana will not be around after friday, my timezone is completely opposite of US. Wish i could learn more and hopefully hear some feedback on whether the entry is correct or wrong.
Market is in consolidation because of H1 Roma above Ema, H2 Roma below Ema, D1 Roma above Ema
H1 we have EMA, PSAR as support and Roma as resistance, H1 uptrend because of Ema below Purple
H2 we have EMA, PSAR, ROMA as support, H2 uptrend because of Ema below Purple
D1 we have EMA, PSAR, ROMA as support, D1 uptrend because of Ema below Purple
So we have a Swing uptrend
Am I see right or wrong ? Please let me know.
I don't have a good buy entry here, Could I set an pending order limit buy at Psar or Ema, as we see in H1 Psar is a good support. But how we know market will get PASR or not? And we can miss a trade?
Or we should wait market breakout Roma in H1 as Dove said.
I think the focus of this system is "You need get an entry with many support and don't have reistance or a little resistance as you as possible". Especially, ROMA, EMA, PSAR are strong supports, resistances.
You need have theses strong supports between your entry and stop lose. And we need don't have strong resistance between our entry and take profit
H2 is trend in swing trend and almost time we trade in swing trend. Our entry following the trend on H2, we use H1 to get the entry.
I still don't know how to use SAR and DB , Fibo contour.
I am learning but a little difficult because of language. If we have a manual it is more understand easily.
Sorry for my English and help me to see this system. Am I right or wrong ?
EURJPY is up strongly and break the ROMA in H1 chart, we buy and we are right? I read some about SAR, DB, ....but I still don't understand. Please someone explain me again some indicators in attached picture file more clearly. Sorry for my english. {image}
{quote} Yes, the blue line has just attached to up bar, what does it mean ? How to use ?
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Swings:
Now lets talk about the various Swings in the market. Even in trend you have swings one after another. And what is good about swings they are either higher/high, or lower/low, according to the trend.
A major problem with swings is getting in a trade too soon; especially in a downtrend. Once the market is in a downtrend it can go on forever; as it seems. You constantly get retraces back to one of the Resistance (either Purple/white or Smooth), and it is off running downhill once again.
So there are two variations lines for the swing; DodgerBlue and Magenta. DodgerBlue is for the longer term of the swing and Magenta is for the shorter term known as the SAR. The SAR swing is a modify concept using lines instead of dots; which works very well in ranging. The SAR will take you in and out of a trade and back into the market with the trend. And the best way to trade these swing is always know the trend. If the trend is down you trade from the top if the trend is up you trade from the bottom. This way you never get caught in a losing trade.
Each highs and lows are tagged with a small rectangle box with the price showing. There are three color boxes: Lime, Magenta, and Thistle. Lime is the low and Magenta is the high of the swings. Thistle is the SAR High and Low within the primary swings of high and low.
You see 2 Dash lines: Magenta and LightSkyBlue. These Dash lines represent the high and low of the primary swings. You also see a Green and Gold DashDot lines which represent the Paradox divergence.
There is also a top and bottom Contour lines which is used as ranging for breakouts. They move according to support and resistance of the trend.
Also included is a thin Red CP (Central Pivot) line attached to each candle from bar to bar; generated from the top or the bottom of the candle. This line will disappear when one, or both, of the Swing lines are attached.
{quote} Swings: Now lets talk about the various Swings in the market. Even in trend you have swings one after another. And what is good about swings they are either higher/high, or lower/low, according to the trend. A major problem with swings is getting in a trade too soon; especially in a downtrend. Once the market is in a downtrend it can go on forever; as it seems. You constantly get retraces back to one of the Resistance (either Purple/white or Smooth), and it is off running downhill once again. So there are two variations lines for the swing;...
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Thank you for your reply, I read them many time and I has just read again.
I don't know how to use : DodgerBlue (DB) and Magenta (SAR),
I don't know how to use : Lime, Magenta, and Thistle
I don't know how to use : 2 Dash lines Magenta and LightSkyBlue.
I don't know how to use : Green and Gold DashDot lines which represent the Paradox divergence. What is Paradox divergence?
I don't know how to use : Paradox Contour lines (up and down).
Where is thin Red CP (Central Pivot) line attached to each candle from bar to bar ? Why "This line will disappear when one, or both, of the Swing lines are attached"
All of them are repaint, how to use ?
Please see attached file for DB attached up bar and should I use this DB indicator ?
{quote} Thank you for your reply, I read them many time and I has just read again. I don't know how to use : DodgerBlue (DB) and Magenta (SAR), I don't know how to use : Lime, Magenta, and Thistle I don't know how to use : 2 Dash lines Magenta and LightSkyBlue. I don't know how to use : Green and Gold DashDot lines which represent the Paradox divergence. What is Paradox divergence? I don't know how to use : Paradox Contour lines (up and down). Where is thin Red CP (Central Pivot) line attached to each candle from bar to bar ? Why "This line...
The system have many indicator and many people don't understand them,
I read slowly again and I clear what I don't understand and also help other see them.
I think the main focus of this system are support and resistances. If you have many strong support, you will have more win ratio and don't get stop lose. If you don't have many strong resistance, you will have more opportunity to get profit
Hi tfeone,
to be sincerely I think that 90% dont know to give You right answer including my self.
i think that I can only correctly answer for Red CP (Central Pivot), as I understand it it is line that You se on every bar and it always moving, so once when conditions are met this line lets say become SAR line (pink) and/or DB line and /or both of them.
Hi tfeone, to be sincerely I think that 90% dont know to give You right answer including my self. i think that I can only correctly answer for Red CP (Central Pivot), as I understand it it is line that You se on every bar and it always moving, so once when conditions are met this line lets say become SAR line (pink) and/or DB line and /or both of them.
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OK, I see thin Red CP. Thank you for your explain.
But how we use it? When do conditions meet? Red CP change; SAR, DB also change
{quote} OK, I see thin Red CP. Thank you for your explain. But how we use it? When do conditions meet? Red CP change; SAR, DB also change
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You really do need to go over all of the instructions given by Dove. Everyday I still go over his examples and reread his explanations. Just use the search and look for the key words you are looking for such as DB and SAR.
Hi all. I think the focus of this system is "You need get an entry with many support and don't have reistance or a little resistance as you as possible". Especially, ROMA, EMA, PSAR are strong supports, resistances. You need have theses strong supports between your entry and stop lose. And we need don't have strong resistance between our entry and take profit H2 is trend in swing trend and almost time we trade in swing trend. Our entry following the trend on H2, we use H1 to get the entry. I still don't know how to use SAR and DB , Fibo contour....
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Hi Theone ,
your way of writing or thinking about this , clarifies a lot of the confusion i was having !
A light bulb went on !!!!
