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The Paradox System

  • #3,881
  • Mar 3, 2016 6:38am Mar 3, 2016 6:38am
Quoting mitao
My entry was after EMA (support) was hit. H2 Romar Trend was down, but EMA trend was up. H1 Romar and EMA up. So I took long entry. A moment of fear was when White crossed Purple (Dona: when white cross Purple, you close your trade), but it goes up and hit my TP of 40 pip. {image}
We close trade when PURPLE cross WHITE on H2 chart not H1.
  • #3,882
  • Mar 3, 2016 6:43am Mar 3, 2016 6:43am
Quoting bigijs
{quote} We close trade when PURPLE cross WHITE on H2 chart not H1.
That could cost you a lot of pips if you're long. If you're in the moment, you take your 40 pips and call it a day
~ Tim
  • #3,883
  • Mar 3, 2016 6:54am Mar 3, 2016 6:54am
What changes a particular line from Resistance to Support? is it just the price closing above it? Or can it depend on which other lines it has crossed?
  • #3,884
  • Mar 3, 2016 7:05am Mar 3, 2016 7:05am
Finally a huge light bulp.

That question you(DotDom) just asked I only now in the last few hours researched.

Yes. It has to do with the indicators.
  • #3,885
  • Mar 3, 2016 7:07am Mar 3, 2016 7:07am
Quoting DotDom
What changes a particular line from Resistance to Support? is it just the price closing above it? Or can it depend on which other lines it has crossed?
As I understand it now. (finally )

Romar cross with EMA will determine Support or resistance. Same for Purple and EMA.

In other words, ROMAR below EMA = ROMAR the support etc.

Good luck
  • #3,886
  • Mar 3, 2016 7:08am Mar 3, 2016 7:08am
Quoting DotDom
What changes a particular line from Resistance to Support? is it just the price closing above it? Or can it depend on which other lines it has crossed?
For details, you could see Dove's post at page 2 of this thread.
The change from Resistance to Support vice versa is never being determined by the price. They change their status by using rule that Dove's describe.
For example :
1. How do we determine the status of ROMAR?

ROMAR is Support, when EMA Cross it from below. This conditions is also define the trend status, which become Uptrend.
ROMAR is Resistance, when EMA Cross it from above. This conditions is also define the trend status, which become Downtrend.

2. How do we determine the status of EMA?
Paradox has it's own rule in determining support and resistance. When you determine the status of ROMAR, you use EMA as reference, so maybe you think that in determining the status of EMA, you will use ROMAR as a reference (logically). But, according to what i learn, Paradox is not standar, it has its own set of rule. In Paradox, the status of EMA is determine by its relationship with Purple, not ROMAR.

EMA is Support, when Purple cross it from below. Together with White and Smooth, they form the upswing.
EMA is Resistance, when Purple cross it from above. Together with White and Smooth, they form the downswing.

Hope this help!
  • #3,887
  • Mar 3, 2016 7:09am Mar 3, 2016 7:09am
Quoting Repoman
{quote} That could cost you a lot of pips if you're long. If you're in the moment, you take your 40 pips and call it a day
We are out of the trade when one of these events happens:
1) Market hit SL
2) Market hit TP
3) We close 5 min. before major news
4) We close when H2 PURPLE crosses WHITE

That's what I meant

Today I'm already out of the trade with my +20 (I mentioned that already)
  • #3,888
  • Edited 8:12am Mar 3, 2016 7:37am | Edited 8:12am
OK, my attempt at daily plan. Please comment or correct me if I missed something.

3 March 2016 Daily plan.

DAILY chart.
ROMAR Resistance
EMA Resistance
PAR Resistance (White cross Purple eliminate?)
Fibo up

2H chart open 124.030
ROMAR Resistance (Keep eye on EMA close to ROMAR)
EMA Support
PAR Support
Fibo down

1H chart
ROMAR Support
EMA Support
PAR Support
Fibo up

Notes:
DB and divergence on current candle. Market in consolidation.

Long: 1H retrace to EMA and close above. OR 2H EMA and ROMAR cross for ROMAR to become support.
Short: Fibo flip. OR Smooth and purple cross for momentum change on 1H and 2H and EMA below 2H Romar.

  • #3,889
  • Mar 3, 2016 8:09am Mar 3, 2016 8:09am
Quoting Voelhok
OK, my attempt at daily plan. Please comment or correct me if I missed something. 3 March 2016 Daily plan. DAILY chart. ROMAR Resistance EMA Resistance PAR Resistance (White cross Purple eliminate?) Fibo up 2H chart open 124.030 ROMAR Resistance (Keep eye on EMA close to ROMAR) EMA Support PAR Support Fibo down 1H chart ROMAR Support EMA Support PAR Support Fibo up Notes: DB and divergence on current candle. Market in consolidation. Long: 1H retrace to EMA and close above. OR 2H EMA and ROMAR cross for ROMAR to become support. Short: Fibo flip....
"Short: Fibo flip."
- what do you mean by fibo flip? On the H1 chart? Fibo flips when the market reaches and surpasses (FIBO 100% line) the highest or the lowest point on your chart.
So, If you wanna open position based on this factor alone then it means that you wanna open position against the market, against the momentum.
  • #3,890
  • Mar 3, 2016 8:14am Mar 3, 2016 8:14am
Quoting bigijs
{quote} "Short: Fibo flip." - what do you mean by fibo flip? On the H1 chart? Fibo flips when the market reaches and surpasses (FIBO 100% line) the highest or the lowest point on your chart. So, If you wanna open position based on this factor alone then it means that you wanna open position against the market, against the momentum.
Thank you. I see my mistake now. It has flipped, but I should wait for DB to attach. (Right?)
  • #3,891
  • Mar 3, 2016 8:25am Mar 3, 2016 8:25am
Its going to be interesting what is the comments of Dana this day. I didnt see any entry yet.

All the time was above of romar h2 resistance... anytime the price can bounce. And maybe in the next h2 we can see now a clear uptrend in h1 h2 and im going to prepare my long at support
  • #3,892
  • Mar 3, 2016 8:28am Mar 3, 2016 8:28am
Quoting Voelhok
{quote} As I understand it now. (finally ) Romar cross with EMA will determine Support or resistance. Same for Purple and EMA. In other words, ROMAR below EMA = ROMAR the support etc. Good luck
Quoting mav3n
{quote} For details, you could see Dove's post at page 2 of this thread. The change from Resistance to Support vice versa is never being determined by the price. They change their status by using rule that Dove's describe. For example : 1. How do we determine the status of ROMAR? ROMAR is Support, when EMA Cross it from below. This conditions is also define the trend status, which become Uptrend. ROMAR is Resistance, when EMA Cross it from above. This conditions is also...
Both very helpful, Thanks!

Dom
  • #3,893
  • Mar 3, 2016 8:40am Mar 3, 2016 8:40am
Quoting Contrax
Its going to be interesting what is the comments of Dana this day. I didnt see any entry yet. All the time was above of romar h2 resistance... anytime the price can bounce. And maybe in the next h2 we can see now a clear uptrend in h1 h2 and im going to prepare my long at support
Don't forget though my friend, we now have attachment of DB and SAR at 124.25 and fibo is now flipped to down on 2 hr chart.
“The waiting is the hardest part” Tom Petty
  • #3,894
  • Mar 3, 2016 8:42am Mar 3, 2016 8:42am
Guys

I just want to clarify this trade I took with you all, around the ROMAR when EMA below the ROMAR, and why this is different to the situation on the 1st March. As Dana says, going long around ROMAR with EMA below is dangerous, we can't assume that EMA will cross ROMAR.

However, in the chart below, you can see the difference in these 2 situations.

The 1st situation was 1st March, and the market moved up from very far to the ROMAR, which many of us all went long on. When the market reaches ROMAR, it has already moved 176 pips from the low to ROMAR.

Today, we had a move down from yesterday, which created a swing, then created a swing low, which was a higher swing low than 29th Feb. 1hr almost immediately began to consolidate, and 2hr then followed. We then moved above ROMAR, Parabolic flipped, and we pulled back to ROMAR and Purple.

So what I am saying here is it was a new set of momentum starting from a period of consolidation, with a higher swing low. For me (and remember this is all my own opinion), it was a very different situation from the last time at ROMAR.

My plan when I saw that 2 hr bar was that 1) we can make a new high, or 2) We can make a LH, in which both cases I had 20-40 pips possible profit.

If you look back at PSAR, it doesnt flip every candle back and forth - it is very powerful. So with a flip, and the way it was looking, with some momentum above ROMAR I could get minimum 20 pips trading the swing (so B/E) either to a new high or lower high.

Anyway, thats how I traded that for +40 - I'm sure Dana will have somethings to say lol
Attached Image (click to enlarge)
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Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #3,895
  • Mar 3, 2016 8:49am Mar 3, 2016 8:49am
Now that we are in the divergence there is a two part processing of the divergence for highs and lows.

First Part is with creating either a new high and/or a new low with the Magenta dash-dot line for the high with a price tag of the Magenta; and a Lime Green dash-dot line for the low with a price tag of the Lime Green. This is known as trading outside the box with the Magenta for the high and the Lime Green for the low.

Second Part is a new high and/or a new low within the Fibo and does not create a new high and/or a new low with the Magenta or Green Lime; but does so with the DB/SAR. The indication of this is with the SAR attaching from the DB to a lower candle in retrace from the DB in an uptrend; and vice versa in creating a new swing. This type of swing within the Fibo is beginning of a Daily sideways consolidation and using strictly Resistance and Support within the Fibo and the Daily chart. This is known as trading within the box of the Fibo.

Now – we will start with the uptrend: With the picture below you will see the dash Magenta and the dash-dot Green divergences attached to the upper candle in the uptrend with an SAR price tag instead of the Magenta price tag for the high. This is very important with the color of the price tag because it is indicating the Fibo is not flipping but staying at the 100%. Also take note of the 4 horsemen. When the attachment happened White was in a slider above purple and the divergences indicating a turn. Sometimes the next candle will bump higher and other times it will just turn on the next candle – in this scenario – it turned on the next candle.

At this point you are in a constricted consolidation going sideways with the Daily between EMA and Purple/White in the process of changing the EMA trend.

The SAR appeared and then the DB with the LightSkyBlue divergence attached indicating the swing up with the hit on the Daily White/Purple returning towards EMA.
Attached Image (click to enlarge)
Click to Enlarge Name: SN - H2 - 03_02.JPG Size: 86 KB


On this next picture below notice the Fibo flip with a new high which is roughly at the Daily EMA and the 23.6 Daily Fibo.

The Daily cannot stay in trend forever – it must turn somewhere and this is how it is done with the two hour chart. And the Daily Parabolic must get with EMA before the turn. So, the consolidation for this turn on the Daily will keep you in consolidation until the turn happens.
Attached Image (click to enlarge)
Click to Enlarge Name: SN - H2 - 03_02-a.JPG Size: 122 KB


And here is the Daily showing the consolidation.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproDaily.png Size: 61 KB
The Dove - Forex Trainer
  • #3,896
  • Mar 3, 2016 8:59am Mar 3, 2016 8:59am
Quoting DotDom
{quote} I think I'm getting confused because it appears that in the early posts it was recommended to not trade against H2 ROMAR during consolidation: {quote} But then later it appears that we can? {quote} So would I be right in assuming that you CAN trade opposite to ROMAR as long as your profit target is before a major resistance/support?
Yes you can - counter-trade in consolidation. And we are in consolidation.
The Dove - Forex Trainer
  • #3,897
  • Mar 3, 2016 9:10am Mar 3, 2016 9:10am
Quoting shinny
Guys I just want to clarify this trade I took with you all, around the ROMAR when EMA below the ROMAR, and why this is different to the situation on the 1st March. As Dana says, going long around ROMAR with EMA below is dangerous, we can't assume that EMA will cross ROMAR. However, in the chart below, you can see the difference in these 2 situations. The 1st situation was 1st March, and the market moved up from very far to the ROMAR, which many of us all went long on. When the market reaches ROMAR, it has already moved 176 pips from the low to ROMAR....
Pay attention with Shinny - he knows EXACTLY what he is doing and saying and giving you some very great insight with consolidations.

Thank you Sir - I really do appreciate you helping the others.
The Dove - Forex Trainer
  • #3,898
  • Mar 3, 2016 9:18am Mar 3, 2016 9:18am
One thing with the Daily consolidated turn and that is: It could last for weeks into months. I was in one that lasted for 3 months about 4 years years ago. Many traders went bankrupt during that period because they did not know how to trade a consolidation. I'm giving you heads up - you have to learn how to trade all conditions; there are no exceptions.
The Dove - Forex Trainer
  • #3,899
  • Mar 3, 2016 9:26am Mar 3, 2016 9:26am
Quoting dove_alliance
{quote} Pay attention with Shinny - he knows EXACTLY what he is doing and saying and giving you some very great insight with consolidations. Thank you Sir - I really do appreciate you helping the others.
Master i have a question, watching and studyng the post of Shaun. In his Buy entry, isnt risk because the Romar is still Resistance in H2? and Purple cross White in H1?
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  • #3,900
  • Mar 3, 2016 9:40am Mar 3, 2016 9:40am
Dear Dana, may ask you?

We have Magneta Dash line attached to candle, is it indication of the swing ending and reversing?
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