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The Paradox System

  • #4,841
  • Mar 10, 2016 5:56pm Mar 10, 2016 5:56pm
Quoting birpinar
Well it was good to short it obviously from the start of the previous Daily candle which was after the green divergence line. was that a missed opportunity or just for luck? Need that answer. because if this is a missed opportunity, a lesson is learned.
Im not trading but im watching the market....

But if u see D1 we are far away from Resistance (romar) and Support (4 horsemen). I think that 38.2 is support/ressitance lane.

In H2 We are between Purple and White. But remember in uptrend the retracement is deeper and more with all the spread in D1.

H1 purple cross White. So maybe is going to be a retracement.

But for real.. this is completly new to me, so im in holding mode watching everything. Maybe in a few 2h candles. Im going to entry long. But only in that moment im going to be sure.
  • #4,842
  • Edited 6:09pm Mar 10, 2016 5:59pm | Edited 6:09pm
Daily
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 232 KB

2H
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 230 KB

1H
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 225 KB

10.03.2016
1440 - Daily chart :
ROMAR resistance
Smooth support
EMA resistance (has crossed purple, no smooth cross yet, still res.
18 :00
120 - 2 hour chart :
ROMAR support
Smooth support
EMA support
18 :00
60 - 1 hour chart :
ROMAR support
Smooth support
EMA support
NOTES :

1)***THE SPREAD IS STILL AMBIGUOUS*** no trade for the moment.
2) 1:30 before new daily candle.
3) On 1H, white crossed purple indicating the beginning of consolidation,

The market is not to be traded at the moment, for me.

BUT :
4)The market gained balance over the course of the last hours.
5)Market is bouncing on support 2H.
6)Also, All PSARs ↑

SCENARIOS :

IF 1H white/purple sync with 2H and EMA crosses smooth on the daily candle, I go long at the 2H support with a 40/40 pips tp/sl. (updated 19:08)
IF white/purple cross on 2H for the consolidation and the market opens below a PSARs, I go short on the 50 red fibo with a 20/40 pips tp/sl.
IF the market doesnt open below the PSARs but still bounces off it on the 2H, I go long from the 50 red fibo with a 20/40 pips tp/sl.
IF the market doesnt sync or just go halfway to the PSARs, I sit on my hands and wait until the indicators show signs of congruance (with a stop loss of zero pips ).




Ill be honest, I dont know what to do with the daily green divergence.



UPDATE :


10.03.2016
1440 - Daily chart :
ROMAR resistance
Smooth support
EMA resistance
00 :00
120 - 2 hour chart :
ROMAR support
Smooth support
EMA support
00 :00
60 - 1 hour chart :
ROMAR support
Smooth resistance
EMA support
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #4,843
  • Mar 10, 2016 6:02pm Mar 10, 2016 6:02pm
I do not trade demos but - if someone can verify this I would appreciate it:

I believe you can get another demo from your broker and use the log on information with the MT4 you are using for the Paradox.

Or

Just get another log on information from the broker you have now in using your same email that had expired.

Can someone verify that?
The Dove - Forex Trainer
  • #4,844
  • Mar 10, 2016 6:12pm Mar 10, 2016 6:12pm
Quoting dove_alliance
I do not trade demos but - if someone can verify this I would appreciate it: I believe you can get another demo from your broker and use the log on information with the MT4 you are using for the Paradox. Or Just get another log on information from the broker you have now in using your same email that had expired. Can someone verify that?
You can use your

Account: Password: Server:

For log in , in any MT4 Platform of wathever brooker... But you are going to that server....

For example in my Live Account i use GlobalPrime (02:10) and for Paradox Template i use Forexcom (00:10) ,

If i log in with the details of GlobalPrime to Forexcom MT4 Platform.. I can log in but the server that im going is for GlobalPrime with 02:10 time and not to forex.com server.

I dont know if that is the answer of ur question

or

You can have any demo accounts of any Broker for free that you want.
  • #4,845
  • Mar 10, 2016 6:15pm Mar 10, 2016 6:15pm
Traders - the Daily is talking to you right now and it has to do with the 2 hour chart. All you need to to is study the moment and listen in what is being said. All you need to do is remembering the Daily is a 24 hour candle.
The Dove - Forex Trainer
  • #4,846
  • Mar 10, 2016 6:17pm Mar 10, 2016 6:17pm
Quoting Contrax
{quote} You can use your Account: Password: Server: For log in , in any MT4 Platform of wathever brooker... But you are going to that server.... For example in my Live Account i use GlobalPrime (02:10) and for Paradox Template i use Forexcom (00:10) , If i log in with the details of GlobalPrime to Forexcom MT4 Platform.. I can log in but the server that im going is for GlobalPrime with 02:10 time and not to forex.com server. I dont know if that is the answer of ur question or You can have any demo accounts of any Broker for free that you want.
Thank you Daniel -- that explains it.
The Dove - Forex Trainer
  • #4,847
  • Mar 10, 2016 6:22pm Mar 10, 2016 6:22pm
Quoting dove_alliance
Traders - the Daily is talking to you right now and it has to do with the 2 hour chart. All you need to to is study the moment and listen in what is being said. All you need to do is remembering the Daily is a 24 hour candle.
I believe that i have missed a long trade. Im going to watch how moves all this market.

In D1 we are in the Middle of Resistance and Support i think...
  • #4,848
  • Mar 10, 2016 6:24pm Mar 10, 2016 6:24pm
Quoting dove_alliance
Traders - the Daily is talking to you right now and it has to do with the 2 hour chart. All you need to to is study the moment and listen in what is being said. All you need to do is remembering the Daily is a 24 hour candle.
Now -- after you had verify what is being said you reference the 1 hour for verification.
The Dove - Forex Trainer
  • #4,849
  • Mar 10, 2016 6:25pm Mar 10, 2016 6:25pm
Well...I went long at the last H2 open above Smooth. It was also an open at H1 EMA support with 40 pips before the Purple White crossing resistance on H1.
~ Tim
  • #4,850
  • Mar 10, 2016 6:26pm Mar 10, 2016 6:26pm
I took a long entry @ the open of the 1900 candle.
1H Candle open above EMA
2H Open above smooth with strong support from Horsemen.
1D Green arrow showed up and set in stone.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 122 KB


The Divergence on the daily could possibly still play out, but for that to happen we would be waiting for the turn on the 2H with Purple/White cross as a start.

Dove as per usual.. Could you put me right?
Thank you.
  • #4,851
  • Mar 10, 2016 6:27pm Mar 10, 2016 6:27pm
10 pips to go
~ Tim
  • #4,852
  • Mar 10, 2016 6:30pm Mar 10, 2016 6:30pm
And that's 40!
~ Tim
  • #4,853
  • Mar 10, 2016 6:31pm Mar 10, 2016 6:31pm
Quoting nonibadsha
I took a long entry @ the open of the 1900 candle. 1H Candle open above EMA 2H Open above smooth with strong support from Horsemen. 1D Green arrow showed up and set in stone. {image} The Divergence on the daily could possibly still play out, but for that to happen we would be waiting for the turn on the 2H with Purple/White cross as a start. Dove as per usual.. Could you put me right? Thank you.
Got my 40 too..
  • #4,854
  • Mar 10, 2016 6:32pm Mar 10, 2016 6:32pm
Quoting nonibadsha
I took a long entry @ the open of the 1900 candle. 1H Candle open above EMA 2H Open above smooth with strong support from Horsemen. 1D Green arrow showed up and set in stone. {image} The Divergence on the daily could possibly still play out, but for that to happen we would be waiting for the turn on the 2H with Purple/White cross as a start. Dove as per usual.. Could you put me right? Thank you.

can you post a pic of the green arrow on 1D chart? mine appeared 3 days ago. There are non for today.
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #4,855
  • Mar 10, 2016 6:33pm Mar 10, 2016 6:33pm
Quoting Jaymantos
{quote} can you post a pic of the green arrow on 1D chart? mine appeared 3 days ago. There are non for today.
The Arrows do not repaint.
The Dove - Forex Trainer
  • #4,856
  • Mar 10, 2016 6:35pm Mar 10, 2016 6:35pm
Quoting Jaymantos
{quote} can you post a pic of the green arrow on 1D chart? mine appeared 3 days ago. There are non for today.
That's right Jay.. It was 3 days ago.. but it would not have appeared until yesterday..and not set in stone until the open of today's candle.
I hope that makes sense.
  • #4,857
  • Mar 10, 2016 6:35pm Mar 10, 2016 6:35pm
ok thanks I understand now
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #4,858
  • Mar 10, 2016 6:36pm Mar 10, 2016 6:36pm
Quoting nonibadsha
{quote} That's right Jay.. It was 3 days ago.. but it would not have appeared until yesterday..and not set in stone until the open of today's candle. I hope that makes sense.
It was set in stone on yesterday's previous candle.
The Dove - Forex Trainer
  • #4,859
  • Mar 10, 2016 6:41pm Mar 10, 2016 6:41pm
Quoting dove_alliance
{quote} It was set in stone on yesterday's previous candle.

I have a question then. The arrow is still relevant after 3 days?
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #4,860
  • Mar 10, 2016 6:41pm Mar 10, 2016 6:41pm
Took a long entry @126.14, reasons:

H1 market retraced to EMA
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 27 KB
(in uptrends we look for deep retracements in H1)
H2 4 horseman perfectly aligned showing a strong uptrend



+ 40 pips
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