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The Paradox System

  • #6,281
  • Sep 3, 2016 2:39am Sep 3, 2016 2:39am
Hi Dove,

great to see you. I am still studying hard and learning. I also do notice that I have this feeling of anticipation. since Tuesday EURJPY is trending up and in my mind I was just thinking "we need to have some retracement or a reversal it cannot take that long" purely looking at the indicators, it kept on saying up. so this is definitely I am still learning and improving on.

a big problem that I do have is seeing the difference between a retracement and a reversal.
to give you an example if we look at the open of the candle below

Attached Image


what can we see?

- uptrend: EMA above ROMAR
- all horsemen in uptrend
- candle opening between white and smooth
the daily is also in a full uptrend so there's no resistance there either.
now one of the rules is in an uptrend to enter at support. an entry here in the moment for me would be to enter at the open of the candle below white.
though, in this we did have a reversal till ROMAR

Attached Image


now the following scenario.

Attached Image


what do we see in the moment at the opening of the red arrow?

- uptrend: EMA above ROMAR
- all horsemen in uptrend
- candle opening between white and smooth

Attached Image


so both scenarios are similar, everything screams for a move up, but in the first scenario we got a reversal and in the second scenario we've had a trend continuation.
it could also be entirely possible that both were good entries for a long. no system can get a 100% guarantee of a win, though I am trying to figure out if there is I am not seeing.
  • #6,282
  • Sep 4, 2016 5:19am Sep 4, 2016 5:19am
Dana, Thanks for your observations and comments. I find them to be very helpful and encouraging.
  • #6,283
  • Sep 4, 2016 5:24am Sep 4, 2016 5:24am
Quoting Jens89
Hi Dove, great to see you. I am still studying hard and learning. I also do notice that I have this feeling of anticipation. since Tuesday EURJPY is trending up and in my mind I was just thinking "we need to have some retracement or a reversal it cannot take that long" purely looking at the indicators, it kept on saying up. so this is definitely I am still learning and improving on. a big problem that I do have is seeing the difference between a retracement and a reversal. to give you an example if we look at the open of the candle below {image} what can we see? - uptrend: EMA above ROMAR - all horsemen in uptrend - candle opening between white and smooth the daily is also in a full uptrend so there's no resistance there either. now one of the rules is in an uptrend to enter at support. an entry here in the moment for me would be to enter at the open of the candle below white. though, in this we did have a reversal till ROMAR {image} now the following scenario. {image} what do we see in the moment at the opening of the red arrow? - uptrend: EMA above ROMAR - all horsemen in uptrend - candle opening between white and smooth {image} so both scenarios are similar, everything screams for a move up, but in the first scenario we got a reversal and in the second scenario we've had a trend continuation. it could also be entirely possible that both were good entries for a long. no system can get a 100% guarantee of a win, though I am trying to figure out if there is I am not seeing.


hi all
i have exactly your problem
i read and read over and over but always i think there is some thing that i did not see
Main problem is we do not know exactly the rulll
i wish one time for ever some one wrote the rules STEP BY STEP
THIS WILL BE END OF CONFUSION
romar ema sar 4 hourseman
we know about all of them
but when i see my charts
i start
ok
daily
up down or .....
h2 .......

so what now??
this problems will steel remain until we have an exact flochart and Step by step manual
i read this forum twice in about one and half mount
but realy when i look at the chart i donot know what to do .

sadly in previost posts when nova train peolple
they talk about a day chart of that day or H2 chart of that day
and sadly no pictures in offen post attached

means for me that read the forum about 3 mount later many many questions accoured

after all Again
please please please
one time for ever some one wrote exact rulls and
how to do the rulls step by step

tanx allll
  • #6,284
  • Sep 4, 2016 6:36am Sep 4, 2016 6:36am
Hi Dove,

Thank you for taking the time to give us some good advice, it is very much appreciated! I needed this comment to get pointed out where I’m going wrong and now I see things more clear. Next step is to put the advice into practice.
  • #6,285
  • Edited 10:58am Sep 4, 2016 10:14am | Edited 10:58am
Quoting mahmood.tava
{quote} hi all i have exactly your problem i read and read over and over but always i think there is some thing that i did not see Main problem is we do not know exactly the rulll i wish one time for ever some one wrote the rules STEP BY STEP THIS WILL BE END OF CONFUSION romar ema sar 4 hourseman we know about all of them but when i see my charts i start ok daily up down or ..... h2 ....... so what now?? this problems will steel remain until we have an exact flochart and Step by step manual i read this forum twice in about one and half mount but...
Hi;

I tried my best to explain but hope Dove can chip in.

1st You must understand fully the 6 indicators and how to use them.
1 ROMAR
2 Purple
3 White
4 Smooth
5 EMA
6 Parabolic

Post 21 explains it all. Must include Bollinger Bands. (4 Horse-man, Parabolics Flip)

2nd Understand the indicators context usage in Daily /H2 and H1 Time-frame.
Dove recent Post explains this (Post 6283).

3rd You must know S/R, Consolidation and Trends/ Counter-trends.

4th What is divergence? Green/Gold

5th What is Swing? DodgerBlue and Magenta (SAR), 2 Dash lines: Magenta and LightSkyBlue (high and low of the primary swings), Fibo flip.

6th Using the Ema Alert/EMA Cross and Macd cross. Lime and Red arrow. Coral arrow and last White arrow.

3-6 you can find it explains in the thread.

Hope this help.

Many skips all this or only know some, so will have hard time understanding Dove setup.
  • #6,286
  • Sep 4, 2016 10:22am Sep 4, 2016 10:22am
Mahmood. Please start posting trading plans, trades and things you do not understand so others can help you. Make mistakes so you can learn from em
  • #6,287
  • Sep 4, 2016 2:08pm Sep 4, 2016 2:08pm
Very interesting. Thanks!
  • #6,288
  • Edited 6:51pm Sep 4, 2016 6:38pm | Edited 6:51pm
What I see :

We are in a daily uptrend but we're out of the trading range (Daily ROMAR-Resistance broken edit: I should no say broken, violated is more appropriate because ROMAR is still Resistance to this date), therefore in a consolidation waiting for the signal to continue the up.

The 2H is showing White/Purple - Resistance. So we will know once: it will show the up again (with White/Purple up); or if support is hit.

Also : G20 meeting!
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #6,289
  • Sep 4, 2016 7:48pm Sep 4, 2016 7:48pm
EURJPY
Date: 2016-09-05 2000 NY time
News for USD EUR JPY: HIGH 0930 local

Daily:
ROMAR: R DN
EMA: S UP
PSAR: S UP
Last MACD 0 crossing: UP - before EMA arrow
Last EMA Alert Arrow: UP
Last DB Attachment: 116.352 T
Last SAR Attachment: 116.352 T
Fibo up or down: UP
Notes: W,S,EMA below P, SAR, DB and Magenta are attached to last bar, market is at BB and above ROMAR - 115.534, Open is above ROMAR

1HR: Open Price: 116.057
ROMAR: S UP
EMA: R DN
PSAR: R DN
Last MACD 0 crossing: DN before EMA arrow
Last EMA Alert Arrow: DN
Fibo up or down: DN
Notes: 4H downward

2HR: Average Bar:
ROMAR: S UP
EMA: S UP
PSAR: S UP
Last MACD 0 crossing: DN before EMA arrow
Last EMA Alert Arrow: DN
Last DB Attachment: 116.352 T
Last SAR Attachment: 115.748
Fibo up or down: DN
Notes: W,S crossed P

Notes for all 3 charts: Consolidation, H1 and H2 are not in sync, H2 SAR made new connection at bottom of bar near Parabolic

Entry: “No trade is better than a lost trade" In the moment, H1 and H2 ROMARs are support and Daily ROMAR is resistance. When H1 and H2 are in sync look for an entry. If DB joins with SAR and parabolic is resistance enter short if the opposite is true enter long. Either entry will be at the appropriate retrace.
  • #6,290
  • Sep 4, 2016 7:55pm Sep 4, 2016 7:55pm
Bought 115,853 @ 20:13 EST

I applied the rule of the 40/40 despite next resistance being near 116,080-116,094 not 117* sorry typo (2H White/Purple down). The reason is the Daily Being up. I'm trading in the direction of the daily trend, particularly its 100 of the fibo so the 2H will return eventually.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM20.png Size: 23 KB


P.S. we don't see the S/L because it's below the visible screen. I used a ltf just to show the pure entry but it is just for esthetic purpose nothing more.

I hope I will get to T/P.

edit: the picture is EST +7
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #6,291
  • Sep 4, 2016 9:31pm Sep 4, 2016 9:31pm
out +3 pips.
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #6,292
  • Sep 4, 2016 9:33pm Sep 4, 2016 9:33pm
This is the kind of bar that shows why I should not have trade during G20. It's a lesson again

Attached Image (click to enlarge)
Click to Enlarge Name: close.png Size: 5 KB
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #6,293
  • Sep 4, 2016 9:47pm Sep 4, 2016 9:47pm
I would like to hear all of your comments concerning this statement by Dove:

"The Paradox is telling you a story from bar to bar and I haven't seen anyone listening to what the Paradox is saying."

I don't think that I completely understand it. Is he saying that we should be telling this story in our trade plan?
  • #6,294
  • Sep 4, 2016 10:26pm Sep 4, 2016 10:26pm
Indamoment : Please know that I am not an expert in any means. I am still learning daily and improving, trying to stay on to right path. If God will let me do so.


When we make our plan at the beginning of a session, inescapably the data will change as the market moves. This is the story. We have to be making this plan at the begining of a session. Whatever happens during the session is the story. There's a long term story too. Put together you have the moment.

I say yes you should be telling this story in your trading plan. A change during a given session could and will be the premise to an entry, for example.









You see the MAs moving from one bar to another?
Isn't it saying everything?


A Bar :
Attached Image



the moment is being played within a single 2H bar for the Paradox.
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #6,295
  • Sep 4, 2016 10:44pm Sep 4, 2016 10:44pm
Consider not their curves but their location when they actually cross the Bar's vertical linear projection; and their S/R value. Those will be the support/resistance locations for the current bar (depending on the crosses: ex.: White crossing Purple down - it is a resistance location.) If during the session this cross happens up we state it!


Feel free to ask any question : I will be happy to try to help. Because it will help me tremendously at the same time ! ha! :sharpening:
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #6,296
  • Sep 4, 2016 10:53pm Sep 4, 2016 10:53pm
Now: after you have those s/r locations; the spread between those s/r must make sense. If it's too tight, you're out.
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #6,297
  • Sep 4, 2016 11:07pm Sep 4, 2016 11:07pm
Quoting Jaymantos
Indamoment : Please know that I am not an expert in any means. I am still learning daily and improving, trying to stay on to right path. If God will let me do so. When we make our plan at the beginning of a session, inescapably the data will change as the market moves. This is the story. We have to be making this plan at the begining of a session. Whatever happens during the session is the story. There's a long term story too. Put together you have the moment. I say yes you should be telling this story in your trading plan. A change during a given...
Thoughtful explanation, Thanks
  • #6,298
  • Sep 5, 2016 1:08am Sep 5, 2016 1:08am
Daily:
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - up after macd up
Last DB Attachment - 116.352
Fibo up or down - Up
Notes: ROMAR crossed purplel

2 HR:
OPEN PRICE - 115.517
ROMAR - support
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing - down
Last EMA Alert Arrow - down after MACD
Last DB Attachment - DB: 115.352
Fibo up or down - down
Notes: al horsemen down into ROMAR support

1 HR:
ROMAR - support
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing - down
Last EMA Alert Arrow - down before MACD
Fibo up or down - up
Notes: heading down towards ROMAR support

Entry:
Consolidation:
Long: turnaround of the horsemen on the 1 and 2 hour, where I will then enter into a long with P/W cross open above smooth / EMA
Short: this is a bit tricky as we have 1 and 2 hour ROMAR support. I think I'll only be looking for a long when we have crossed the 1 hour ROMAR and the horsemen on the 2 HOUR are much closer to ROMAR so they would be strong enough to break the 2 HOUR ROMAR.
in the case we would now get a strong retracement with a SAR attachment I would short at the SAR
  • #6,299
  • Sep 5, 2016 1:39am Sep 5, 2016 1:39am
Man I didn't even realise this thread was still going. I kinda agree with Mahmood, would be handy if there were step by step rules to this system.

I spent many many hours reading through pages of notes and writing my own, trying to de-cypher it but I clearly don't have the force. I'd be interested to know whether anyone is achieving the 80% win rate yet? Or even above 50%?

Dom
  • #6,300
  • Edited 9:49pm Sep 5, 2016 1:52am | Edited 9:49pm
Date: 05-09-2016 - 6.30 GMT

Daily:
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - Up
Last DB Attachment - 116.352 top
Fibo up or down - Up
Notes: 4 horsemen in uptrend with Purple crossed ROMAR. ROMAR is still resistance and market is near 61.8 Fibo.

2 HR:
OPEN PRICE - 115.741
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Down after MACD down
Last DB Attachment - 115.447 bottom
Fibo up or down - Down
Notes: Market has turned with 4 horsemen down and Purple crossed EMA. Market hit 61.8 Fibo and now retraces back into resistance. ROMAR is out of trading area,
but still enough distance to lower BB.

1 HR:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Down after MACD down
Last DB Attachment - n/a
Fibo up or down - Up
Notes: 4 horsemen are in downtrend and heading for ROMAR support. Market already hit ROMAR support and also seems to have hit lower BB and retraces back into
resistance.

Final Notes for all three charts: H1 and H2 horsemen are all indicating downtrend with H1 ROMAR as first resistance. Daily 4 horsemen are support.

Entry:
Consolidation:
Long: Will consider long when H1 turns with PSAR flip, but that could take a while.
Short: With H1 and H2 horsemen down I will take a short at open H2 candle of H1 and H2 resistance. Although I see H1 ROMAR market could very well go through
it with lower BB opening up to downside. Also there should be a 40 pip space to Daily Smooth support.

Notes for readjustments: 17.30 GMT - Things start to turn on H1 while H2 is consolidating for the last 8 hours at ROMAR support. Will wait for the first signs of the turn on H1 with green EMA arrow and MACD arrow and look from there.
21.00 GMT - Both MACD arrow and Green EMA arrow appeared on H1 chart. Will wait for Green EMA arrow on H2 and/or open above EMA.
2.45 GMT - I missed the H2 open candle at 0.00 GMT which opened at EMA and had Green EMA arrow appearing. I waited on the retrace and opened long just above EMA on H2. H2 PSAR is flipping back and forth.
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