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The Paradox System

  • #5,721
  • Mar 17, 2016 7:38pm Mar 17, 2016 7:38pm
The markets have been too crazy lately, killing me
  • #5,722
  • Mar 17, 2016 7:41pm Mar 17, 2016 7:41pm
Stopped out, so I'm gone for tonight.
  • #5,723
  • Mar 17, 2016 7:45pm Mar 17, 2016 7:45pm
I just got severely spanked as well! -40 pips
“The waiting is the hardest part” Tom Petty
  • #5,724
  • Mar 17, 2016 7:50pm Mar 17, 2016 7:50pm
Quoting SirViver
I just got severely spanked as well! -40 pips
Very confused, looked as if all signs were pointing up :/

Wish Dove was here to advise us in this scenario, couldn't have been that news to make it shoot down like that?
  • #5,725
  • Mar 17, 2016 7:52pm Mar 17, 2016 7:52pm
No, I never even saw the paddle coming!
“The waiting is the hardest part” Tom Petty
  • #5,726
  • Mar 17, 2016 7:53pm Mar 17, 2016 7:53pm
Wouldn't be surprised if it chose to shoot up right now
  • #5,727
  • Mar 17, 2016 8:06pm Mar 17, 2016 8:06pm
Can someone please post their current 2H chart? My demo account is showing the DB and SAR is two different locations compared to my live account. Thanks guys!
  • #5,728
  • Mar 17, 2016 8:14pm Mar 17, 2016 8:14pm
Quoting iuforex
Can someone please post their current 2H chart? My demo account is showing the DB and SAR is two different locations compared to my live account. Thanks guys!
That's right. If you scroll back in your chart, you will see it happens often.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2.png Size: 68 KB
“The waiting is the hardest part” Tom Petty
  • #5,729
  • Mar 17, 2016 8:16pm Mar 17, 2016 8:16pm
Quoting iuforex
Can someone please post their current 2H chart? My demo account is showing the DB and SAR is two different locations compared to my live account. Thanks guys!
If it's a live acct with forex.com post your chart. If it's another broker, that is probably the reason
“The waiting is the hardest part” Tom Petty
  • #5,730
  • Mar 17, 2016 8:17pm Mar 17, 2016 8:17pm
Quoting SirViver
{quote} That's right. If you scroll back in your chart, you will see it happens often. {image}
Here is my chart my friend

Sorry. this is a demo account from forex.com.i will delete it if u don't need it.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart for Sirviver.JPG Size: 281 KB
There are no weapons that will form against my financial prosperity.
  • #5,731
  • Mar 17, 2016 8:17pm Mar 17, 2016 8:17pm
Quoting SirViver
{quote} That's right. If you scroll back in your chart, you will see it happens often. {image}
Thank you sir! That answered my question. I've been doing this for about 3 weeks now and all of the sudden my MT4's are screwing with me.
  • #5,732
  • Mar 17, 2016 8:21pm Mar 17, 2016 8:21pm
So, is there a problem about our charts? I posted mine please compare.
There are no weapons that will form against my financial prosperity.
  • #5,733
  • Mar 17, 2016 8:23pm Mar 17, 2016 8:23pm
Following my trading plan i seee an entry long n the next 2h bar adjusting with 1h chart its a retrace though
then short to the major trend
any suggestions??
  • #5,734
  • Mar 17, 2016 8:26pm Mar 17, 2016 8:26pm
Alright -- once you create your plan you still have to be focus. You also have to pay attention what all 3 charts are saying in the moment while you're creating your plan. The Daily is down for one with the market below White, Purple, and on the 20:00 EST candle open below Smooth. So with your plan you have to recognize this element of a possible opening below Smooth; such as with the Daily. That is only 3 hours after creating your plan. So I rather be safe and wait for the possibility than risk of it not happening.

Another indication of the possibility was with the 1 hour going sideways in a tight consolidation. Once the new Daily candle opened all signals sounded off for the short. If you are not focus with your plan then mistakes will happen.
The Dove - Forex Trainer
  • #5,735
  • Edited 10:03pm Mar 17, 2016 8:40pm | Edited 10:03pm
a
Quoting dove_alliance
Alright -- once you create your plan you still have to be focus. You also have to pay attention what all 3 charts are saying in the moment while you're creating your plan. The Daily is down for one with the market below White, Purple, and on the 20:00 EST candle open below Smooth. So with your plan you have to recognize this element of a possible opening below Smooth; such as with the Daily. That is only 3 hours after creating your plan. So I rather be safe and wait for the possibility than risk of it not happening. Another indication of the possibility...
Hi all, this is my trading plan, thank you for your reading, please correct me, I like to discuss and find the errors.

Date 18/03/2016 1h30 GMT
Daily
ROMAR resistance
EMA support
PSAR support
Check list
Last MACD 0 crossing The crossing is up
Last EMA Alert Arrow Red arrow down (EMA arrow changed 3 time red to green and green to red after MACD crossing up)
Last DB Attachment - Both DB/SAR attached on top at 127.277 for continuance of the uptrend
Fibo up or down - Fibo is up from the bottom
NOTES
Purple crossed white so Daily go down in short term. EMA is now strong support and help market go up many time. Market is at previous top (125.58), it mean this is a strong support.

2H chart
OPEN PRICE 126.002
ROMAR support
EMA resistant
PSAR resistant
Check list
Last MACD 0 crossing - The crossing is down at current bar
Last EMA Alert Arrow Red down at previous bar
Last DB Attachment - Both DB/SAR attached on top at 126.487 for reverse back to downtrend
Fibo up or down Fibo is up from the bottom
NOTES.
Parabolic is holding strong resistance, EMA is a little above Purple. With EMA, parabolic hold resistance and Romar hold the support, we are in the tight consolidation. Distance of them is 20 pips.

1H chart
ROMAR support
EMA resistance
PSAR resistance
Check list
Last MACD 0 crossing - The crossing is down
Last EMA Alert Arrow - Red down before the MACD crossing down
Fibo up or down Fibo is up from the bottom
NOTES
PURPLE crossed WHITE, SMOOTH and EMA. PSAR flipped downtrend.

Final Notes for all three charts:
We are in the tight consolidation With EMA, parabolic hold resistance and Romar hold the support in H2.
In daily we have EMA hold strong support. And market hit previous top 125.58

Entry:
Consolidation:
Long: I will long if EMA cross Purple in H2, an open candle above EMA
Short: I will short if H2 sliding above Purple, and Purple cross white

News: we will have red new USD at 14h00 GMT

Notes for readjustments: I didn't wait open candle above EMA because I see tight consolidation and I don't have an uptrend to make this entry. I long with EMA cross pruple for 20 pips profit.
  • #5,736
  • Mar 17, 2016 8:41pm Mar 17, 2016 8:41pm
Quoting dove_alliance
Alright -- once you create your plan you still have to be focus. You also have to pay attention what all 3 charts are saying in the moment while you're creating your plan. The Daily is down for one with the market below White, Purple, and on the 20:00 EST candle open below Smooth. So with your plan you have to recognize this element of a possible opening below Smooth; such as with the Daily. That is only 3 hours after creating your plan. So I rather be safe and wait for the possibility than risk of it not happening. Another indication of the possibility...
Does the last SAR attachment have anything to do with it? Since it broke away from the DB it would have to reattach back at the bottom, but with the sporadic movements recently you just can't tell as well as the indicators saying something else. 2H Fibo still green and Four Horsemen were looking up
  • #5,737
  • Mar 17, 2016 8:48pm Mar 17, 2016 8:48pm
When I had created my plan on the Daily I had seen that possibility. And when I seen what was happening with the 1 hour in a tight consolidation the possibility was more realistic with White and Smooth crossing Purple; and EMA being tight also with the 4 horsemen. All I needed to do is wait with patience and watch.
The Dove - Forex Trainer
  • #5,738
  • Mar 17, 2016 8:50pm Mar 17, 2016 8:50pm
Quoting birpinar
So, is there a problem about our charts? I posted mine please compare.
Your chart looks like mine. Thanks for posting.
  • #5,739
  • Mar 17, 2016 8:52pm Mar 17, 2016 8:52pm
Quoting dove_alliance
Alright -- once you create your plan you still have to be focus. You also have to pay attention what all 3 charts are saying in the moment while you're creating your plan. The Daily is down for one with the market below White, Purple, and on the 20:00 EST candle open below Smooth. So with your plan you have to recognize this element of a possible opening below Smooth; such as with the Daily. That is only 3 hours after creating your plan. So I rather be safe and wait for the possibility than risk of it not happening. Another indication of the possibility...
Thank you for the clarification Sir, yet another lesson learned!
“The waiting is the hardest part” Tom Petty
  • #5,740
  • Mar 17, 2016 8:58pm Mar 17, 2016 8:58pm
Quoting Paradox7
{quote} Does the last SAR attachment have anything to do with it? Since it broke away from the DB it would have to reattach back at the bottom, but with the sporadic movements recently you just can't tell as well as the indicators saying something else. 2H Fibo still green and Four Horsemen were looking up
The 2 hour Parabolic's had a lot to with it as for Resistance. The Market was not breaking above the Parabolic's. The DB was also an indication with the SAR being above for the market to reconnect SAR with the DB. Because of the tight consolidation the Daily and 1 hour was dependence of one another for my entry. This could had gone the other way if the 2 hour Parabolic's were broken and flipped. This is why you always stay focus.
The Dove - Forex Trainer
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