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The Paradox System

  • #2,541
  • Feb 22, 2016 10:47am Feb 22, 2016 10:47am
If I was trading yesterday at opening I would had gone long with the Open Candle showing the Gap for 40 pips.
The Dove - Forex Trainer
  • #2,542
  • Feb 22, 2016 10:52am Feb 22, 2016 10:52am
Quoting Sicarius
you havnt answered him, why did you exclude the candle after your "moment". What defines "in the moment" and why was the smooth/white cross NOT in the moment.
I did answer his question and apparently you don't get it. Defining the moment has been posted over and over again. So do your research.
The Dove - Forex Trainer
  • #2,543
  • Feb 22, 2016 11:52am Feb 22, 2016 11:52am
Oh i miss that trade.... i went to sleep before that happen and close my positions for %1 today. But like always...... Always the market will provide us a trade next day. GoodLuck!
  • #2,544
  • Feb 22, 2016 12:42pm Feb 22, 2016 12:42pm
Quoting dove_alliance
{quote} You are not understanding the concept. Every trade is in the moment. What is being said in the moment is truth. Not the next bar or the previous bar. But what the actual bar is saying in the moment; and that moment was on my trading plan. Now - do you see the big picture?
I somewhat understand. At the moment of interest as displayed in your chart, the white and smooth had not crossed, and the market opened at EMA, which was acting as resistance, where a short could be taken into the downtrend. However, if a trader were to miss that moment, a trader may have viewed the market at the next open 2Hr bar, which opened above EMA and white and smooth had crossed. I obviously do not fully understand yet, but appreciate your help and will continue to study. Thank you.
  • #2,545
  • Feb 22, 2016 12:50pm Feb 22, 2016 12:50pm
Quoting JMaurice
{quote} I somewhat understand. At the moment of interest as displayed in your chart, the white and smooth had not crossed, and the market opened at EMA, which as was resistance, was a valid short trade. However, if a trader were to miss that moment, a trader may have viewed the market at the next open 2Hr bar, which opened above EMA and white and smooth had crossed. I obviously do not fully understand yet, but appreciate your help and will continue to study. Thank you.
Think in the bigger picture... Why try to go long? If in D1 in that "moment" (any moment Your candle, or the candle of our Master... same price aprox..) We was touching the Purple in D1?

And is not only that...

1) D1 Price was touching Purple.
2) D1 4 horsemen Completly DownTrend with everything.... with Romar.. Everything...
3) In H2... The Parabolic still in Resistance (yes we know when Purple cross White, Parabolic is ignored...) But is a good to see that the Parabolic never flip...
4) So.. if everything was pointing for the down.... What have more chance to be a success trade? A Long or a Short Position?

I am a Student and learning too... and i need to learn to be more confidence in my trades... I just scalp it and i didnt let it run to TP.
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  • #2,546
  • Feb 22, 2016 12:58pm Feb 22, 2016 12:58pm
Quoting Contrax
{quote} Think in the bigger picture... Why try to go long? If in D1 in that "moment" (any moment Your candle, or the candle of our Master... same price aprox..) We was touching the Purple in D1? And is not only that... 1) D1 Price was touching Purple. 2) D1 4 horsemen Completly DownTrend with everything.... with Romar.. Everything... 3) In H2... The Parabolic still in Resistance (yes we know when Purple cross White, Parabolic is ignored...) But is a good to see that the Parabolic never flip... 4) So.. if everything was pointing for the down.......
Yes, I think there were more compelling reasons to go short. However, Dove's trading plan included a potential long entry so I was trying to better understand why the long was not taken, but the short was. Thank you -
  • #2,547
  • Feb 22, 2016 1:13pm Feb 22, 2016 1:13pm
Dana,

When you get time, would you please post a H2 chart showing your swing trade? My problem is when both the SAR and DB reach a bottom and the FIBO flips, it may go up a couple of bars, then iti continues down even though the fibo is green. I have seen it go down 173 pips and the fibo still remains green and it is still going down with a green fibo

Thanks..
  • #2,548
  • Feb 22, 2016 1:16pm Feb 22, 2016 1:16pm
Quoting JMaurice
{quote} Yes, I think there were more compelling reasons to go short. However, Dove's trading plan included a potential long entry so I was trying to better understand why the long was not taken, but the short was. Thank you -
Yes the Plan of Dana was right... i was looking for a Buy too... But if u see one candle go above too high... So the space of movement was less... EMA was a target for the Long position.

When a candle close, the price moves too much... I check careful the market again....
  • #2,549
  • Feb 22, 2016 1:17pm Feb 22, 2016 1:17pm
Quoting rcbarlow
Dana, When you get time, would you please post a H2 chart showing your swing trade? My problem is when both the SAR and DB reach a bottom and the FIBO flips, it may go up a couple of bars, then iti continues down even though the fibo is green. I have seen it go down 173 pips and the fibo still remains green and it is still going down with a green fibo Thanks..
Everytime that Fibonacci makes a lower low. Is going to jump candle by candle. without changing the colour.
  • #2,550
  • Feb 22, 2016 1:34pm Feb 22, 2016 1:34pm
Dove, why do you call the blue dashed line "White". Is it simply because ROMAR is white coloured and you label the blue dashed "White", so there is no confusion?.
  • #2,551
  • Feb 22, 2016 1:40pm Feb 22, 2016 1:40pm
Quoting JMaurice
{quote}However, if a trader were to miss that moment, a trader may have viewed the market at the next open 2Hr bar, which opened above EMA and white and smooth had crossed. I obviously do not fully understand yet, but appreciate your help and will continue to study. Thank you.
However is key word:

What I do not understand is why would a trader open their charts and see a potential entry and then pulls the trigger?

My entry short was totally based on a trading plan and not on whim. I repeat it over and over: You cannot trade without a trading plan. If you do then danger is in the horizon.
The Dove - Forex Trainer
  • #2,552
  • Feb 22, 2016 1:43pm Feb 22, 2016 1:43pm
Quoting nigpig
Dove, why do you call the blue dashed line "White". Is it simply because ROMAR is white coloured and you label the blue dashed "White", so there is no confusion?.
LOL i was confuse too in the begining... but after i realized that maybe is name of persons and not the real meaning of colour "White".

So we have 4 Knights persons.

Person EMA, Person White, Person Smooth, Person Purple and GodFather who is ROMAR Beautiful Family.
  • #2,553
  • Feb 22, 2016 1:46pm Feb 22, 2016 1:46pm
Quoting rcbarlow
Dana, When you get time, would you please post a H2 chart showing your swing trade? My problem is when both the SAR and DB reach a bottom and the FIBO flips, it may go up a couple of bars, then iti continues down even though the fibo is green. I have seen it go down 173 pips and the fibo still remains green and it is still going down with a green fibo Thanks..
And it will do so either direction in a trend. Until the trend ends it will stay green and continue down. There hasn't been a swing on the 2 hour since the high at 127.384. EMA is keeping a tight hold of resistance and haven't let go yet.
The Dove - Forex Trainer
  • #2,554
  • Feb 22, 2016 1:49pm Feb 22, 2016 1:49pm
Then how do you know when the trend has ended and you can get into a swing trade in the opposite direction?

When Purple crosses White on the H1, the H2 or other?
  • #2,555
  • Feb 22, 2016 1:50pm Feb 22, 2016 1:50pm
This down market has been very useful for practice. I'm seeing the light at last. Working in the trend and off resistance is effective. In the moment I now see I need to wait longer for the market to come up and hit resistance, before I enter to take my 20 points on the way down. I'm now holding back and looking on the new 2H candle opening and then the 1H for my entry. I used to respond to this type down trend market opposite by taking long positions and thinking the market would go up. WRONG. How little I knew and much I have learnt.
  • #2,556
  • Feb 22, 2016 1:50pm Feb 22, 2016 1:50pm
Quoting nigpig
Dove, why do you call the blue dashed line "White". Is it simply because ROMAR is white coloured and you label the blue dashed "White", so there is no confusion?.
It is actually Aqua and I call it White because it is White on my NT7.
The Dove - Forex Trainer
  • #2,557
  • Feb 22, 2016 1:53pm Feb 22, 2016 1:53pm
Quoting rcbarlow
Then how do you know when the trend has ended and you can get into a swing trade in the opposite direction?
When EMA crosses purple on the 2 hour chart. You should know that by now.
The Dove - Forex Trainer
  • #2,558
  • Feb 22, 2016 1:55pm Feb 22, 2016 1:55pm
Quoting rcbarlow
Then how do you know when the trend has ended and you can get into a swing trade in the opposite direction?
From the little I know, when white crosses purple the trend ends. You can leave it till later as one of the biggest problems for new traders I'm learning is that you can leave everything until tomorrow and take a fresh look with a new plan. By then the market may have moved on, into consolidation or continued the trend with a slide.
  • #2,559
  • Feb 22, 2016 1:56pm Feb 22, 2016 1:56pm
Quoting nigpig
This down market has been very useful for practice. I'm seeing the light at last. Working in the trend and off resistance is effective. In the moment I now see I need to wait longer for the market to come up and hit resistance, before I enter to take my 20 points on the way down. I'm now holding back and looking on the new 2H candle opening and then the 1H for my entry. I used to respond to this type down trend market opposite by taking long positions and thinking the market would go up. WRONG. How little I knew and much I have learnt.
Yes.. thats the meaning that Dana told us.. 6 months of practice. Now imagine in 6 months we already going to know all the variables of Paradox.
  • #2,560
  • Feb 22, 2016 1:58pm Feb 22, 2016 1:58pm
Quoting nigpig
{quote} From the little I know, when white crosses purple the trend ends. You can leave it till later as one of the biggest problems for new traders I'm learning is that you can leave everything until tomorrow and take a fresh look with a new plan. By then the market may have moved on, into consolidation or continued the trend with a slide.
*I'm learning is that you can leave everything until tomorrow and take a fresh look with a new plan.*

Exactly...!!!!! Dont rush the market. I already told to a few people about to dont rush the market...
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