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The Paradox System

  • #3,061
  • Feb 26, 2016 6:22am Feb 26, 2016 6:22am
Quoting theone3000
{quote} We have the same view
that view looks wrong to me
  • #3,062
  • Feb 26, 2016 6:34am Feb 26, 2016 6:34am
Quoting brath
{quote} that view looks wrong to me
What is your view?
  • #3,063
  • Feb 26, 2016 7:08am Feb 26, 2016 7:08am
Personally, I don't see anything clear at the moment. We have H2 with Romar running through the middle of the market, Psar still up...etc. H1 market having a tough time getting below Romar. H1 is coming down from Smooth but a pretty tight situation here. Major news in less than 30 minutes so maybe that will get things moving into something that's a little more clear. At that time, I'll update my plan and see if there's a possible entry. Again...this is just what I'm seeing right now so I'm holding off waiting for something with a 40 Pip potential.
~ Tim
  • #3,064
  • Feb 26, 2016 7:24am Feb 26, 2016 7:24am
Quoting Repoman
Personally, I don't see anything clear at the moment. We have H2 with Romar running through the middle of the market, Psar still up...etc. H1 market having a tough time getting below Romar. H1 is coming down from Smooth but a pretty tight situation here. Major news in less than 30 minutes so maybe that will get things moving into something that's a little more clear. At that time, I'll update my plan and see if there's a possible entry. Again...this is just what I'm seeing right now so I'm holding off waiting for something with a 40 Pip potential....
well if purple cross EMA on 2H than we have strong downtrend on all 3 charts
  • #3,065
  • Feb 26, 2016 7:26am Feb 26, 2016 7:26am
Quoting Sielik
{quote} well if purple cross EMA on 2H than we have strong downtrend on all 3 charts
Yeah...then that would be something a little more clear. So I'm waiting...
~ Tim
  • #3,066
  • Feb 26, 2016 7:30am Feb 26, 2016 7:30am
Quoting Repoman
{quote} Yeah...then that would be something a little more clear. So I'm waiting...
yea me too, I only hope the news will not be excited
  • #3,067
  • Feb 26, 2016 7:57am Feb 26, 2016 7:57am
Quoting bigijs
{quote} What is your view?
good to you, I was planned to short originally, but since EMA/ROMAR in H1 and H2 were different so I would like to stay away and learn
  • #3,068
  • Feb 26, 2016 8:32am Feb 26, 2016 8:32am
Interesting how this has been consolidating for the past several hours. Question is...based on the rules for sure, is there any trading to be done? I'm not trying to rush things or in a hurry to trade, I just thought I'd see what people are thinking here??
~ Tim
  • #3,069
  • Feb 26, 2016 8:43am Feb 26, 2016 8:43am
Quoting Repoman
Interesting how this has been consolidating for the past several hours. Question is...based on the rules for sure, is there any trading to be done? I'm not trying to rush things or in a hurry to trade, I just thought I'd see what people are thinking here??
very tight consolidation, market may be waiting for another US news and speeches.....I am not trading now
  • #3,070
  • Feb 26, 2016 8:52am Feb 26, 2016 8:52am
it is interesting to watch how price is bouncing between EMA + Parabolic (support) and Romar (resistance)
  • #3,071
  • Feb 26, 2016 8:58am Feb 26, 2016 8:58am
Quoting Sielik
it is interesting to watch how price is bouncing between EMA + Parabolic (support) and Romar (resistance)
I agree. Interesting to watch...
~ Tim
  • #3,072
  • Feb 26, 2016 9:14am Feb 26, 2016 9:14am
It seems like soon there will be one possible entry:
short: when purple cross EMA on 2H or
long: when purple cross EMA on 1H and purple cross Smooth on 2H, and also SAR will be established on Parabolic

What do you think guys, am I right?
  • #3,073
  • Feb 26, 2016 9:26am Feb 26, 2016 9:26am
I was hesitant to post this for fear of being way off but I won't get better without critique...

DAILY CHART
ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance

NOTES: downtrend, Fibo is UP

2 HOUR CHART:

Opening:
ROMAR: Resistance
EMA: Support
Parabolic: Support

NOTES: Fibo is down and purple is passing through Romar.

1 HOUR CHART:

ROMAR: Support
EMA: Resistance
Parabolic: Resistance

Notes: Fibo down as well. 4 horsemen above Romar.

Entry: Waiting on next H2 candle open. If opens below EMA and PSAR flips down, I'll wait to confirm an entry short off of resistance. SAR has left DB, I'd like to see DB attach to confirm entry into down but not quite clear on that yet
~ Tim
  • #3,074
  • Feb 26, 2016 9:41am Feb 26, 2016 9:41am
Not sure how relevant this is but it seems to be consolidating from H1 PSAR to H2 PSAR and it's getting tighter. The question is, how will it break out? My head is telling me that since H2 is the main indicator for trading and trend and the daily is down, FIBs are down and H2 is passing trough Romar, It'll more than likely break to the south. Again...could be way off but waiting to see what happens.
~ Tim
  • #3,075
  • Feb 26, 2016 9:48am Feb 26, 2016 9:48am
Quoting Sielik
It seems like soon there will be one possible entry: short: when purple cross EMA on 2H or long: when purple cross EMA on 1H and purple cross Smooth on 2H, and also SAR will be established on Parabolic What do you think guys, am I right?

H1 is uptrend and H2 is downtrend; they are inconsistent. "Then you wait until the 1 hour is consistent with the 2 hour before you get into a trade," says Dove.

So H2 EMA cross ROMAR up or H1 EMA cross ROMAR down I think is what we should wait for.
  • #3,076
  • Feb 26, 2016 10:19am Feb 26, 2016 10:19am
The problem everyone is having is fighting a market that is totally in a constricted consolidation. You have the 1 hour in a ROMAR uptrend, the 2 hour in a ROMAR downtrend, and the Daily above White. And then - the G20 for day 1.

In this type of constricted consolidation I would take the day off until the 1 and 2 hour our consistent with one another. In this kind of market all you are doing is fighting a losing battle.
The Dove - Forex Trainer
  • #3,077
  • Feb 26, 2016 10:29am Feb 26, 2016 10:29am
Quoting dove_alliance
The problem everyone is having is fighting a market that is totally in a constricted consolidation. You have the 1 hour in a ROMAR uptrend, the 2 hour in a ROMAR downtrend, and the Daily above White. And then - the G20 for day 1. In this type of constricted consolidation I would take the day off until the 1 and 2 hour our consistent with one another. In this kind of market all you are doing is fighting a losing battle.
I agree...I at least wanted to post a plan for critique but really just sitting back and watching, trying to apply what I'm seeing to the training I've had thus far. I'm going to call it a week though and do some of my regular full-time work. I'll be studying hard this weekend and looking forward to you're training on SAR and DB. Have a blessed weekend and thanks again for everything!
~ Tim
  • #3,078
  • Feb 26, 2016 10:37am Feb 26, 2016 10:37am
Quoting dove_alliance
The problem everyone is having is fighting a market that is totally in a constricted consolidation. You have the 1 hour in a ROMAR uptrend, the 2 hour in a ROMAR downtrend, and the Daily above White. And then - the G20 for day 1. In this type of constricted consolidation I would take the day off until the 1 and 2 hour our consistent with one another. In this kind of market all you are doing is fighting a losing battle.
Yes im going to focus on that. I was getting confuse trying to understand the last entry with the H1 candle above smooth and white at purple. That blind me haha. I think i need to go more slower. Thank you for continue writting.
  • #3,079
  • Feb 26, 2016 10:41am Feb 26, 2016 10:41am
The G20 Meeting happens a couple times a year and begins on a Friday and ends on the following Sunday. This is a very high impact meeting. My suggestion is when it shows up on your economic news release - just take a 3 day week-end off.
The Dove - Forex Trainer
  • #3,080
  • Feb 26, 2016 10:42am Feb 26, 2016 10:42am
Quoting Contrax
{quote} Yes im going to focus on that. I was getting confuse trying to understand the last entry with the H1 candle above smooth and white at purple. That blind me haha. I think i need to go more slower. Thank you for continue writting.
Have a great weekend Contrax! If you have any thoughts as you study this weekend, please post and I'll be checking from time to time as I study too! We'll all get better together my friend!
~ Tim
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