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The Paradox System

  • #6,381
  • Sep 14, 2016 1:46am Sep 14, 2016 1:46am
Daily:
ROMAR - Resistance
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - up after macd
Last DB Attachment - SAR down at 113.802
Fibo up or down - down
Notes: in a downtrend although the market is getting above the PSAR

2 HR:
OPEN PRICE - 115.537
ROMAR - support
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing - up
Last EMA Alert Arrow - up, before MACD
Last DB Attachment - 113.924 down
Fibo up or down - down
Notes: all showing a very strong uptrend

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

Check List:
Last MACD 0 crossing - up
Last EMA Alert Arrow - up before MACD
Fibo up or down - down
Notes: strong uptrend

Final Notes for all three charts: we are in consolidation as the daily is down and the 1 and 2H are up. though on 3 TF's the fibo's are down.

Entry:
Consolidation:
Long:
Short: if the horsemen on the 2H turn all the way around with a PSAR flip I will short
  • #6,382
  • Edited 5:22am Sep 14, 2016 4:47am | Edited 5:22am
Just after I had created my trading plan the market shot up about 50 pips, got above Daily PSAR and the SAR connected itself. PSAR only recently flipped and EMA is nowhere near and the market was above Daily ROMAR being resistance. So I saw a lot of confluence on the Daily to go short with the 40+ gap to ROMAR, even though H1/H2 were both uptrending, and got my 40 pips.
Attached Image
  • #6,383
  • Sep 14, 2016 5:33am Sep 14, 2016 5:33am
Quoting Elflaco
Just after I had created my trading plan the market shot up about 50 pips, got above Daily PSAR and the SAR connected itself. PSAR only recently flipped and EMA is nowhere near and the market was above Daily ROMAR being resistance. So I saw a lot of confluence on the Daily to go short with the 40+ gap to ROMAR, even though H1/H2 were both uptrending, and got my 40 pips. {image}
Congratulations, gutsy but good
  • #6,384
  • Sep 15, 2016 2:47pm Sep 15, 2016 2:47pm
Quoting Elflaco
Just after I had created my trading plan the market shot up about 50 pips, got above Daily PSAR and the SAR connected itself. PSAR only recently flipped and EMA is nowhere near and the market was above Daily ROMAR being resistance. So I saw a lot of confluence on the Daily to go short with the 40+ gap to ROMAR, even though H1/H2 were both uptrending, and got my 40 pips. {image}
That was a good trade. You know why? Because you don't often get ROMAR running through the middle of PSAR and EMA like that, at least not this year. Only a small number of occasions in the last 12 months has it done that.

Also, if you look at where that Daily bar opened - right on top of Smooth and 14 pips from EMA as Support. Zoom down to the 2hr and there is a nice entry to buy it up also, right on the Daily open. Also note the 1hr at the same time, a slider with a bar on EMA. Confluence of factors.

Anyway, I just thought I'd point that out!
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2.png Size: 74 KB
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #6,385
  • Sep 15, 2016 3:22pm Sep 15, 2016 3:22pm
hi Shinny. You still here. It's good to know. You was one of the first learn the system. I would like post like other. But it's hard.
  • #6,386
  • Sep 15, 2016 3:23pm Sep 15, 2016 3:23pm
Quoting shinny
{quote} That was a good trade. You know why? Because you don't often get ROMAR running through the middle of PSAR and EMA like that, at least not this year. Only a small number of occasions in the last 12 months has it done that. Also, if you look at where that Daily bar opened - right on top of Smooth and 14 pips from EMA as Support. Zoom down to the 2hr and there is a nice entry to buy it up also, right on the Daily open. Also note the 1hr at the same time, a slider with a bar on EMA. Confluence of factors. Anyway, I just thought I'd point that...
nice shinny.

are all the arrows you put on the chart trades that you took?

I see that you make nice use of the divergence.

the arrow before the last is one was a trade I saw when waking up. I think in the moment I wouldn't be taking it because we are still above ROMAR on the 1 and 2 hour and in my mind it's always like. "if the next bar is up then we are actually reversing" so seeing the difference between a retracement and reversal I find still difficult.

my guess here is: we had a top at 116.073 which was with the hit on the daily PSAR resistance + the divergence and the DB show the end of the trend so we know that the next target of the DB will be connecting down to a candle at a lower point. then later on we've got a PSAR flip, EMA resistance and I suppose the red EMA followed by the MACD also add for some nice confluence!
  • #6,387
  • Sep 15, 2016 3:30pm Sep 15, 2016 3:30pm
I'm studying everything again between 4 am - 6 am.
  • #6,388
  • Sep 15, 2016 6:51pm Sep 15, 2016 6:51pm
Quoting shinny
{quote} That was a good trade. You know why? Because you don't often get ROMAR running through the middle of PSAR and EMA like that, at least not this year. Only a small number of occasions in the last 12 months has it done that. Also, if you look at where that Daily bar opened - right on top of Smooth and 14 pips from EMA as Support. Zoom down to the 2hr and there is a nice entry to buy it up also, right on the Daily open. Also note the 1hr at the same time, a slider with a bar on EMA. Confluence of factors. Anyway, I just thought I'd point that...
Good to hear from you Shinny!
  • #6,389
  • Sep 16, 2016 1:40am Sep 16, 2016 1:40am
Daily:
ROMAR - Resistance
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - up after MACD
Last DB Attachment - SAR up at 116.073
Fibo up or down - down
Notes: the horsemen are tight together. purple has crossed white and is at smooth. red EMA arrow is not set in stone yet but could, together with the SAR holding resistance be an indication of the move down.

2 HR:
OPEN PRICE - 114.712
ROMAR - resistance
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing - down
Last EMA Alert Arrow - down, after MACD
Last DB Attachment - 114.419
Fibo up or down - up
Notes: all showing a very strong uptrend. although we have green fibs and a DB attachment together with the gold divergence.

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

Check List:
Last MACD 0 crossing - up
Last EMA Alert Arrow - down before MACD
Fibo up or down - up
Notes: purple has crossed up smooth and white for consolidation

Final Notes for all three charts: all TF's showing the downtrend. although we have some conflicts: 1 and 2 hours have their fibs up while the daily's is down.

Entry:
Consolidation:
Long:
Short: I missed the short at the opening of this candle but if it retraces I will get back in.
  • #6,390
  • Sep 16, 2016 2:22am Sep 16, 2016 2:22am
Quoting shinny
{quote} That was a good trade. You know why? Because you don't often get ROMAR running through the middle of PSAR and EMA like that, at least not this year. Only a small number of occasions in the last 12 months has it done that. Also, if you look at where that Daily bar opened - right on top of Smooth and 14 pips from EMA as Support. Zoom down to the 2hr and there is a nice entry to buy it up also, right on the Daily open. Also note the 1hr at the same time, a slider with a bar on EMA. Confluence of factors. Anyway, I just thought I'd point that...
Thank you for your contribution. The entries you pointed out in the screenshot give good insight in what you look for in a setup, very helpfull. After Dove's advice last week I finally acknowledge the power that PSAR has with this system. Another one step closer to 80+% profitability.
  • #6,391
  • Sep 16, 2016 6:12am Sep 16, 2016 6:12am
Took the short this morning at 6.00 GMT for 40 pips. Reason was because of downtrend with H2 horsemen and EMA recently crossed ROMAR down, also H2 Fibo was down. On H1 Purple/White/Smooth were in a slider below EMA for continuance of downtrend and open candle between slider and EMA. On Daily chart the market was below 4 horsemen slider. 40 SL was safe behind H2 ROMAR and PSAR resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2.png Size: 54 KB
  • #6,392
  • Sep 16, 2016 7:34am Sep 16, 2016 7:34am
Quoting Elflaco
Took the short this morning at 6.00 GMT for 40 pips. Reason was because of downtrend with H2 horsemen and EMA recently crossed ROMAR down, also H2 Fibo was down. On H1 Purple/White/Smooth were in a slider below EMA for continuance of downtrend and open candle between slider and EMA. On Daily chart the market was below 4 horsemen slider. 40 SL was safe behind H2 ROMAR and PSAR resistance. {image}
Good.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #6,393
  • Sep 18, 2016 1:03pm Sep 18, 2016 1:03pm
Quoting shinny
{quote} Heres a couple of days trading from me. 1st point - Yes I have been trading a few different pairs, only becuase I want to get up to speed with the system before our Mentor leaves us. 2nd point - I had 1 loss, and that was a stupid trade, I traded 30 mins before major UK news alert, so I was greedy and I got burnt. If I can be profitable after over 1 week, I am pretty certain Dove is after all these years...... {image}
so, still profitable after seven months ? I wont mind if you show some statements again.
  • #6,394
  • Sep 18, 2016 1:04pm Sep 18, 2016 1:04pm
and i still think this is one of ff most retarded thread,sorry
  • #6,395
  • Sep 18, 2016 2:19pm Sep 18, 2016 2:19pm
Quoting metta87
and i still think this is one of ff most retarded thread,sorry
Why do You say that, Sir?
  • #6,396
  • Sep 18, 2016 6:06pm Sep 18, 2016 6:06pm
what's up with the forex.com terminal ? I deleted it and re-install as usual on weekend. Now when I click to download mt4 the terminal at the end comes out to be.. mt5.

And the server are not there either. I can only connect on the demo server...

If anyone encounter the same problem let me know! Or if you have a solution it would be appreciated I have none for now I'm looking for a gmt -3 broker now.

I contacted forex.com to know further.

Anyone knows what I'm talking about... ?
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #6,397
  • Sep 18, 2016 6:21pm Sep 18, 2016 6:21pm
Quoting Jaymantos
what's up with the forex.com terminal ? I deleted it and re-install as usual on weekend. Now when I click to download mt4 the terminal at the end comes out to be.. mt5. And the server are not there either. I can only connect on the demo server... If anyone encounter the same problem let me know! Or if you have a solution it would be appreciated I have none for now I'm looking for a gmt -3 broker now. I contacted forex.com to know further. Anyone knows what I'm talking about... ?
Well Jay - I have no idea. Are you talking about your live account or demo. My live account is fine with the MT4. But I am wondering why are you deleting and re-installing every week. That might me a problem there.
The Dove - Forex Trainer
  • #6,398
  • Sep 18, 2016 6:35pm Sep 18, 2016 6:35pm
Quoting dove_alliance
{quote} Well Jay - I have no idea. Are you talking about your live account or demo. My live account is fine with the MT4. But I am wondering why are you deleting and re-installing every week. That might me a problem there.

I'm re-installing every week to have everything in order; to have everything set fresh.

Usually it goes well but this time it installed the mt5 version of the terminal. I tried many times.

And there seems to be no way to install only mt4 as usual. It's like the download link has been updated to mt5 and there's no way to get it back to mt4 once it is deleted.

I click the metatrader 4 download and it download mt5.

The other thing : once mt5 is installed. The only server available is the demo server.

This is for the canada redirection (forex.com/en-ca/).

I will try more things.. maybe it has to do with the country. This is where I'm at now.
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #6,399
  • Sep 18, 2016 6:59pm Sep 18, 2016 6:59pm
Quoting Jaymantos
{quote} I'm re-installing every week to have everything in order; to have everything set fresh. Usually it goes well but this time it installed the mt5 version of the terminal. I tried many times. And there seems to be no way to install only mt4 as usual. It's like the download link has been updated to mt5 and there's no way to get it back to mt4 once it is deleted. I click the metatrader 4 download and it download mt5. The other thing : once mt5 is installed. The only server available is the demo server. This is for the canada redirection (forex.com/en-ca/)....
It could be but I doubt it. If for any reason a broker is going to change platforms they will notify the account holders of a change months in advance. Do you still have the original execution file of the Mt4?
The Dove - Forex Trainer
  • #6,400
  • Sep 18, 2016 7:09pm Sep 18, 2016 7:09pm
Quoting dove_alliance
{quote} It could be but I doubt it. If for any reason a broker is going to change platforms they will notify the account holders of a change months in advance. Do you still have the original execution file of the Mt4?

Unfortunately not... I will wait for an answer from forex.com. It might just be some kind of bug.

I opened a demo account on the u.s. version of the site to see the daily candle at least..

I don't know what it could be to be honest.. I download it and it's mt5 with only a demo server, 10-15 currencies, eurjpy is not there. It's not the forex.com that I'm used to.
weird..

I'm on this issue since 13:00 EST... Should never have deleted this terminal ! haha
No tree, it is said, can grow to heaven unless its roots reach down to hell
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