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The Paradox System

  • #1,801
  • Feb 8, 2016 6:00pm Feb 8, 2016 6:00pm
Quoting Contrax
{quote} Very Good, nice trade!
Thank you - now I believe I am waiting until Purple crosses White downward on the H1 to trade short again, hopefully with H2 showing a SAR on top of a bar, assuming H2 continues to show a strong downtrend with the 4Horsemen. Purple is however starting to cross Smooth on the H2 now so I guess we will wait and see.

Is this a correct analysis of the current situation?
  • #1,802
  • Feb 8, 2016 6:16pm Feb 8, 2016 6:16pm
Quoting JMaurice
{quote} Thank you - now I believe I am waiting until Purple crosses White downward on the H1 to trade short again, hopefully with H2 showing a SAR on top of a bar, assuming H2 continues to show a strong downtrend with the 4Horsemen. Purple is however starting to cross Smooth on the H2 now so I guess we will wait and see. Is this a correct analysis of the current situation?
Im with you. But if the price go to Support in H1, i mean.. if the price move too fast to lower before the setup appear.. well.. i prefer ignore it and wait more time .. maybe tomorrow... Remember Short from Resistance and Buy from Support... If u Sell from Resistance the DD must be lower than Sell from Support.
  • #1,803
  • Feb 8, 2016 6:30pm Feb 8, 2016 6:30pm
Quoting Contrax
{quote} Im with you. But if the price go to Support in H1, i mean.. if the price move too fast to lower before the setup appear.. well.. i prefer ignore it and wait more time .. maybe tomorrow... Remember Short from Resistance and Buy from Support... If u Sell from Resistance the DD must be lower than Sell from Support.
Understood. H1 might move before any signal is given at resistance. Thank you for the response.
  • #1,804
  • Feb 8, 2016 6:33pm Feb 8, 2016 6:33pm
Quoting JMaurice
{quote} Understood. H1 might move before any signal is given at resistance. Thank you for the response.
Maybe is going to retrace to Daily Open and at the same time is going to be in on EMA H2.
  • #1,805
  • Edited 6:48pm Feb 8, 2016 6:36pm | Edited 6:48pm
Hi all.
regarding "opening above PSAR" and "white cross so ignore PSAR" rules:

- if price open (in this case) above PSAR it will continue down.
- but we also have rule that PSAR is ignored if White cross Purple, right?

so my question is how we treat these situation? do we "ignore PSAR" just in price action that started belov and reach PSAR (touching, bomping what ever...), BUT we dont ignore PSAR only in specific price action that is: if price open above PSAR (no matter that White already crossed Purple) we entering in position toward continuation of previous trend (some kind of special situation in "ignore PSAR rule")
Attached Image
  • #1,806
  • Feb 8, 2016 6:39pm Feb 8, 2016 6:39pm
Quoting snfx
Hi all. regarding "opening above PSAR" and "white cross so ignore PSAR" rules: - if price open (in this case) above PSAR it will continue down. - but we also have rule that PSAR is ignored if White cross Purple, right? so my question is how we treat these situation? do we "ignore PSAR" just in price action that started belov and reach PSAR (touching, bomping what ever...), BUT we dont ignore PSAR only in specific price action that is: if price open above PSAR (no matter that White already crossed Purple) we entering in position toward continuation...
This is how I understood it. When White crosses Purple, the PSAR is eliminated as Support/Resistance. However, in the very specific instance when the market opens Above PSAR (PSAR as resistance, as with my trade) or Below PSAR (PSAR as support) and PSAR does not flip, then the trade can be taken.
  • #1,807
  • Feb 8, 2016 6:43pm Feb 8, 2016 6:43pm
Can someone please explain to me the following comment. On one hand EMA is support for not crossing purple and on the otherhand it is resistance?

It says Purple,White, and Smooth is RESISTANCE. That it is what it says. It also says EMA is SUPPORT of not crossing Purple yet. It also says that both ROMAR/EMA is the Trend RESISTANCE - DOWNTREND.
  • #1,808
  • Feb 8, 2016 6:50pm Feb 8, 2016 6:50pm
Quoting tonybrou
Can someone please explain to me the following comment. On one hand EMA is support for not crossing purple and on the otherhand it is resistance? It says Purple,White, and Smooth is RESISTANCE. That it is what it says. It also says EMA is SUPPORT of not crossing Purple yet. It also says that both ROMAR/EMA is the Trend RESISTANCE - DOWNTREND.

Hello, For better understanding u must re-read the thread completly (or only Dove_Alliance posts). For real.. everytime that u read it u are going to find new things....

Remember... "ROMAR/EMA" He is talking about the MAJOR TREND. When ROMAR is above EMA. ROMAR is Resistance in the Downtrend.

This is a good Quote:

ROMAR is the major trend for both support and resistance and crossing EMA changes ROMAR direction of the trend: This is true on all three charts. The 2 hour chart is your primary trend for trading.
EMA is secondary trend according with the swings and changes its trend by crossing Purple.
When you have EMA in a downtrend and ROMAR crosses EMA for the downtrend you then have a true trend. If you have EMA in a downtrend and ROMAR is support you are in consolidation for ROMAR support and vice-versa.
When ROMAR/EMA are running together in the same direction that is your trend until ROMAR and EMA crosses one another; and then ROMAR IS THE ONE reversing the trend.
EMA is your source for short term trend of the swings by crossing Purple. If EMA crosses Purple and becomes resistance and ROMAR is already resistance you are in trend. If EMA crosses Purple and becomes resistance and ROMAR is support; you are in consolidation and vice-versa.
  • #1,809
  • Feb 8, 2016 6:51pm Feb 8, 2016 6:51pm
Quoting xpie
{quote} You can use winebottler or a virtual machine like vmware or install windows natively on your mac as second os with bootcamp. All 3 variants work fine, no need to buy a new computer
So, the WineBottler failed miserably at running MetaTrader 4 on the OSX el Capitan, which is needed to run Paradox System. I've been on this for 5+ hours trying to make it work. I guess it's time to install windows 7 on this mac. Which is a whole another long process. Fun times.
  • #1,810
  • Feb 8, 2016 6:54pm Feb 8, 2016 6:54pm
Quoting tonybrou
Can someone please explain to me the following comment. On one hand EMA is support for not crossing purple and on the otherhand it is resistance? It says Purple,White, and Smooth is RESISTANCE. That it is what it says. It also says EMA is SUPPORT of not crossing Purple yet. It also says that both ROMAR/EMA is the Trend RESISTANCE - DOWNTREND.
He was referring to a daily chart in that comment. Purple white and smooth were resistance ion that chart and EMA wasn't yet since it had not crossed purple. EMA and Romar were identifying the downtrend on that daily chart. At least that's the way I understood it. Hope that helps. You have to consider what the H2 and H1 are doing though unless your're trading the daily...but that's a whole other post earlier in the thread.
~ Tim
  • #1,811
  • Feb 8, 2016 7:07pm Feb 8, 2016 7:07pm
tnx Maurice,
I thought about that other way, but as I am now thinking it wouldn't be possible for price to "just like that" open above PAR, ofcourse that it will probably have crossing between White and Purple before that.

hope that it it is corect understanding
  • #1,812
  • Feb 8, 2016 7:07pm Feb 8, 2016 7:07pm
Quoting JMaurice
{quote} Thank you - now I believe I am waiting until Purple crosses White downward on the H1 to trade short again, hopefully with H2 showing a SAR on top of a bar, assuming H2 continues to show a strong downtrend with the 4Horsemen. Purple is however starting to cross Smooth on the H2 now so I guess we will wait and see. Is this a correct analysis of the current situation?
EURJPY short for 20 pips.

Reasoning

D1 - Downtrend
H2- Downtrend with 4 Horsemen in strong down
H1 - Purple cross White down and market open below Smooth. Entry at H1 bar open below smooth.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.8.16 - H1.png Size: 67 KB
  • #1,813
  • Feb 8, 2016 7:33pm Feb 8, 2016 7:33pm
Quoting tonybrou
Can someone please explain to me the following comment. On one hand EMA is support for not crossing purple and on the otherhand it is resistance? It says Purple,White, and Smooth is RESISTANCE. That it is what it says. It also says EMA is SUPPORT of not crossing Purple yet. It also says that both ROMAR/EMA is the Trend RESISTANCE - DOWNTREND.
I believe 'ROMAR/EMA' actually refers to ROMAR in relation to the EMA. Remember it is always in relation to EMA because thats how the trend is determined. It doesnt mean ROMAR and EMA are resistance, which I believe may be causing confusion.
  • #1,814
  • Feb 8, 2016 7:46pm Feb 8, 2016 7:46pm
Quoting loleno
{quote} I believe 'ROMAR/EMA' actually refers to ROMAR in relation to the EMA. Remember it is always in relation to EMA because thats how the trend is determined. It doesnt mean ROMAR and EMA are resistance, which I believe may be causing confusion.
Agree!!
  • #1,815
  • Feb 8, 2016 7:55pm Feb 8, 2016 7:55pm
Right now, Purple will cross white in H2, what should we do? Should we participate in the upswing? Or should we wait for the opportunity to short again? because the overall trend is still down, thanks before
  • #1,816
  • Feb 8, 2016 8:04pm Feb 8, 2016 8:04pm
Quoting mav3n
Right now, Purple will cross white in H2, what should we do? Should we participate in the upswing? Or should we wait for the opportunity to short again? because the overall trend is still down, thanks before
My understanding is that all three charts show a Downtrend. In Downtrends, we take shorts only. Only in consolidation would we trade both ways. So we should wait for shorting opportunities. Please correct me if I'm wrong.
  • #1,817
  • Feb 8, 2016 8:06pm Feb 8, 2016 8:06pm
Quoting JMaurice
{quote} My understanding is that all three charts show a Downtrend. In Downtrends, we take shorts only. Only in consolidation would we trade both ways. So we should wait for shorting opportunities. Please correct me if I'm wrong.
  • #1,818
  • Feb 8, 2016 8:11pm Feb 8, 2016 8:11pm
Quoting mav3n
Right now, Purple will cross white in H2, what should we do? Should we participate in the upswing? Or should we wait for the opportunity to short again? because the overall trend is still down, thanks before
Please dont rush to the market.. Better Rush in study more and more this Thread. Ok.. a question for you... Why u would to participate in the UpSwing? Tell me what u see for thinking in that decision?
  • #1,819
  • Feb 8, 2016 8:18pm Feb 8, 2016 8:18pm
Quoting Contrax
{quote} Please dont rush to the market.. Better Rush in study more and more this Thread. Ok.. a question for you... Why u would to participate in the UpSwing? Tell me what u see for thinking in that decision?
Hi Contrax,
It seems that my understanding still mixed up. Maybe i think about the upswing, because of the urge to enter the market, i need to fix this type of thinking.
Thanks
  • #1,820
  • Feb 8, 2016 8:23pm Feb 8, 2016 8:23pm
Quoting mav3n
{quote} Hi Contrax, It seems that my understanding still mixed up. Maybe i think about the upswing, because of the urge to enter the market, i need to fix this type of thinking. Thanks
Yes, we dont need to rush the Market... if we rush it.. we deserve to fail.....

Read Dana Posts... When we are in Downtrend.. only think in SHORTS. Like a horse in the street watching only the floor with those metalic thing between his eyes hahaha... Only Shorts. Study more my friend and share ur trades. Then Together we can learn. Thank you.
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