The Paradox System | Page 370 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The paradox System 2023 (for beginners) 724 replies

Paradox System: post your entry here 12 replies

Paradox system avg monthly ROR for last 12 months 33 replies

Learning the Paradox System=Set up / Trade Plan / Results Only 1 reply

lets talk about the system called PARADOX 2 replies

Attachments: The Paradox System
Exit Attachments

The Paradox System

  • #7,381
  • Jan 6, 2017 4:53am Jan 6, 2017 4:53am
Quoting shinny
{quote} Its a process of learning, and making mistakes and learning by them is a very important part of learning. And by posting your plan, and self evaluation you will definitely speed up that learning curve. So well done for that. And just seeing what the chart is doing right now, in the moment, really should be simple, and it is once you clear your mind and habits of all the accumulated garbage that we all pick up. You will get there if you keep up what your doing, 100%.
Very empowering word Shaun.
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #7,382
  • Jan 6, 2017 5:39am Jan 6, 2017 5:39am
Quoting abdunbar
{quote} here http://www.forexfactory.com/showthre...=574515&page=3 from dove post #49
Perfect. Thank you
  • #7,383
  • Edited 6:47am Jan 6, 2017 6:37am | Edited 6:47am
Quoting shinny
Hello Traders and Happy New Year I am not really trading until next Monday, but as I was about and at a loose end I saw an opportunity to trade and took it. I think this trade is pretty self explanatory. Daily just came out of an upward slider, opened today at the 23.6 Fib. 2hr SAR attached this am with ROMAR/EMA about to cross, and PSAR flipped. ROMAR/EMA crossed so I was looking at buying support at PSAR knowing that the last SAR was above, so I will get a lower SAR attachment which will then push higher and both DB/SAR will connect for...
Concerning this trade : At the moment you took it, was'nt the White crossing Purple down? Thus eliminating the PSAR as Support? It is these kinds of things I have trouble referencing in the moment : they seem to apply for some market conditions and others, not.

Also, ''upward slider'' means the Horsemen and EMA are sliding and slighty pointing upward ? It came ''out of it'' because as market got above EMA it's now support no more sliding because it got above support?

Also #2 (lol), I included entry of Junuary 3st in my previous post just in case it did not catch your attention. It is similar to yesterday's entry with the lower band hit that I ''ignored''. Your entry I'm referring to in this post was just a bit higher, when DB was attached. Trying with my logic to see why you ignored the White crossing Purple down is because of 1) the lower band hit 2) this DB attachment and 3) fibo ''freshly'' up and the habitual retrace to S/R.

edit: oh. You said White/Purple eliminates the PSAR in consolidation. Now I think I might be on something. Because when you entered, 2H was no more consolidating.
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #7,384
  • Jan 6, 2017 7:00am Jan 6, 2017 7:00am
Quoting shinny
{quote} Its a process of learning, and making mistakes and learning by them is a very important part of learning. And by posting your plan, and self evaluation you will definitely speed up that learning curve. So well done for that. And just seeing what the chart is doing right now, in the moment, really should be simple, and it is once you clear your mind and habits of all the accumulated garbage that we all pick up. You will get there if you keep up what your doing, 100%.
From the bottom of heart I want to really thank you and Dove this week for the comments on my plan and helping others out. We are learning so much from this even when it's not our plan that's commented on. I will post a plan next week and hopefully get some feedback. Have a great weekend and God bless you!!
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,385
  • Jan 6, 2017 7:12am Jan 6, 2017 7:12am
Quoting Jaymantos
{quote} Concerning this trade : At the moment you took it, was'nt the White crossing Purple down? Thus eliminating the PSAR as Support? It is these kinds of things I have trouble referencing in the moment : they seem to apply for some market conditions and others, not. Also, ''upward slider'' means the Horsemen and EMA are sliding and slighty pointing upward ? It came ''out of it'' because as market got above EMA it's now support no more sliding because it got above support? Also #2 (lol), I included entry of Junuary 3st in my previous post just...
I opened the trade at the Open of the candle with the arrow.

The big difference between that trade and your trade last night was I was trading in the same direction as the last EMA/MACD cross, whereas you were trading against it.

Also note the SAR is different on my trade and your trade.

If I remember correctly, if you look at the 3rd January there was a SAR connection - and that connection was at the 23.6% Red Fib for a short trade which you would get 40.

Here is a screen shot with some trades marked off from this week. I didn't take them all, but just to jump your memory I have marked them:

Attached Image (click to enlarge)
Click to Enlarge Name: this week.jpg Size: 463 KB


Hope that helps, any questions fire away

Shaun

Edit: The trade I talked about on the 3rd, I marked but you cant see the arrow. But it stands out I think anyway.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,386
  • Jan 6, 2017 8:12am Jan 6, 2017 8:12am
Quoting shinny
{quote} I opened the trade at the Open of the candle with the arrow. The big difference between that trade and your trade last night was I was trading in the same direction as the last EMA/MACD cross, whereas you were trading against it. Also note the SAR is different on my trade and your trade. If I remember correctly, if you look at the 3rd January there was a SAR connection - and that connection was at the 23.6% Red Fib for a short trade which you would get 40. Here is a screen shot with some trades marked off from this week. I didn't take them...

''The big difference between that trade and your trade last night was I was trading in the same direction as the last EMA/MACD cross''

: there is an downward EMA arrow on the screenshot of the trade you posted and MACD bars are getting smaller. Just like on my screenshot of my entry : MACD bars are getting smaller but not crossed up yet and there was an EMA arrow up.

How do we know the arrow cycle is a cycle and not just a retrace arrow? (even though this has already been asked, I don't really understand...)

The SAR on our entries are differents because they are not located in the same fashion in regard to the fibo?

Sorry to ask such questions.. You certainly answered more than your share for today!

Blessings.
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #7,387
  • Jan 6, 2017 8:32am Jan 6, 2017 8:32am
Quoting Jaymantos
{quote} ''The big difference between that trade and your trade last night was I was trading in the same direction as the last EMA/MACD cross'' : there is an downward EMA arrow on the screenshot of the trade you posted and MACD bars are getting smaller. Just like on my screenshot of my entry : MACD bars are getting smaller but not crossed up yet and there was an EMA arrow up. How do we know the arrow cycle is a cycle and not just a retrace arrow? (even though this has already been asked, I don't really understand...) The SAR on our entries are differents...
I'm sorry, I thought your entry was at the PSAR? But just looked back and on your chart it wasn't (it was on the EMA) but on your entry a few posts down you said it was - can you confirm which it was please?

Cheers
Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,388
  • Jan 6, 2017 8:34am Jan 6, 2017 8:34am
Quoting shinny
{quote} I'm sorry, I thought your entry was at the PSAR? But just looked back and on your chart it wasn't (it was on the EMA) but on your entry a few posts down you said it was - can you confirm which it was please? Cheers Shaun
It was exactly on the PSAR 3 minutes before the 1H new candle and 1 hour and 3 minutes before the next 2H bar.

Oh I see where I created a confusion : I did not post a pic with my entry but only with my plan at the time I made it (17:00 EST); I had not entered yet the market.

Here's the screenshot of the entry :

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2.png Size: 75 KB
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #7,389
  • Jan 6, 2017 8:38am Jan 6, 2017 8:38am
Quoting Jaymantos
{quote} It was exactly on the PSAR 3 minutes before the 1H new candle and 1 hour and 3 minutes before the next 2H bar.
Ok now I understand. I don't use the 1hr, so that's why we are getting our wires crossed!!!!! All of my entries are based off the 2hr close, apart from the occasional mid/late candle entry at a BB breach.

Thanks
Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,390
  • Jan 6, 2017 8:40am Jan 6, 2017 8:40am
Quoting shinny
{quote} Ok now I understand. I don't use the 1hr, so that's why we are getting our wires crossed!!!!! All of my entries are based off the 2hr close, apart from the occasional mid/late candle entry at a BB breach. Thanks Shaun

Sorry Shaun, I created a confusion, I traded the 2H but a developping bar.

Very sorry :S

I added the screenshot of my entry at the 2H PSAR in my previous post.
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #7,391
  • Jan 6, 2017 8:55am Jan 6, 2017 8:55am
Quoting Jaymantos
{quote} Sorry Shaun, I created a confusion, I traded the 2H but a developping bar. Very sorry :S I added the screenshot of my entry at the 2H PSAR in my previous post.
Ok, when that 2hr closed, the MACD had crossed up after the EMA up, so no entry short based on what I have already said.

Once it reached the 2hr PSAR the price moved another 23 pips, which put the MACD up. If your in trend you might get away with a mid (2hr) candle entry, especially if your 4 horsemen stay strongly in trend, on say a quick spike up or down to the PSAR, but generally you want to be using the 2hr close in consolidation. But that's just from my experience of trading this system, and also I don't like to check the charts every hour, so the 2hr suits me much better.

Hope that makes sense.

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,392
  • Jan 6, 2017 9:00am Jan 6, 2017 9:00am
Quoting shinny
{quote} Ok, when that 2hr closed, the MACD had crossed up after the EMA up, so no entry short based on what I have already said. Once it reached the 2hr PSAR the price moved another 23 pips, which put the MACD up. If your in trend you might get away with a mid (2hr) candle entry, especially if your 4 horsemen stay strongly in trend, on say a quick spike up or down to the PSAR, but generally you want to be using the 2hr close in consolidation. But that's just from my experience of trading this system, and also I don't like to check the charts every...
Yes it does make sense.

Cheers
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #7,393
  • Jan 6, 2017 3:15pm Jan 6, 2017 3:15pm
Have a great weekend everyone.

I'm flying back to Cyprus in the morning so catch up with you all next week.

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,394
  • Jan 6, 2017 3:51pm Jan 6, 2017 3:51pm
Quoting shinny
Have a great weekend everyone. I'm flying back to Cyprus in the morning so catch up with you all next week. Shaun

You too my friend! And to all a great week end too!

Blessings
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #7,395
  • Jan 8, 2017 2:12pm Jan 8, 2017 2:12pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 83 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2.png Size: 71 KB
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #7,396
  • Jan 8, 2017 3:30pm Jan 8, 2017 3:30pm
Hi,
May I ask you to post Daily chart as well, please.
Thanks in advance
On the collision course with 90/90/90 rule
  • #7,397
  • Jan 8, 2017 4:56pm Jan 8, 2017 4:56pm
Quoting Jaymantos
{quote} EURJPYproDaily.png;2130857 {image}
Check your PM Jay.
The Dove - Forex Trainer
  • #7,398
  • Jan 8, 2017 6:22pm Jan 8, 2017 6:22pm
Date:Jan 8
Session:Asian
News:clear until 1am gmt-6

Daily:
ROMAR - Support
EMA - Support
PSAR - Resistance
Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: Up
Last DB Attachment: top 124.084
Last Sar Attachment:top 123.438
Fibo up or down: down
Notes:bollinger bands tight. Market at parabolic with Sar attached.

2 HR:
OPEN PRICE - 123.173
ROMAR - Support
EMA - Support
PSAR - support
Check List:
Last MACD 0 crossing:up
Last EMA Alert Arrow: up
Last DB Attachment:top 123.438
Last Sar Attachment: with db 123.438
Fibo up or down: red
Notes: previous 3rd candle came close to bollinger, had both divergences attach along with db and sar and retraced to 23.6

1 HR:
ROMAR - Support
EMA - support
PSAR - support
Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment:top 123.438
Last Sar Attachment: with db top 123.438
Fibo up or down: down
Notes:market hit divergence with fib flip came down to find
support at 23.6 fib and bounced.

Final Notes for all three charts: All 3 fibs are red. Strong upward movement on friday and retraced. Daily is still in consolidation.1 and 2 hour are in trend. will go long with continue retracement to parabolic on h2 and attachement of Sar and confluence of support. Short with new high and Divergences attached and confluence of resistance Daily Sar and Contour line.

Entry: Entered short with confluence of Daily Sar and contour line along with H2 and H1 divergence and db plus sars at 123.560 .
Consolidation: I am trading against trend due to Daily in consolidation and confluence of resistance and all fibs red.
Long:
Short:123.560
Notes for readjustments:
Trade Result:
Notes for Evaluation:
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.png Size: 60 KB
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,399
  • Jan 8, 2017 9:03pm Jan 8, 2017 9:03pm
Quoting Clip75
Date:Jan 8 Session:Asian News:clear until 1am gmt-6 Daily: ROMAR - Support EMA - Support PSAR - Resistance Check List: Last MACD 0 crossing: down Last EMA Alert Arrow: Up Last DB Attachment: top 124.084 Last Sar Attachment:top 123.438 Fibo up or down: down Notes:bollinger bands tight. Market at parabolic with Sar attached. 2 HR: OPEN PRICE - 123.173 ROMAR - Support EMA - Support PSAR - support Check List: Last MACD 0 crossing:up Last EMA Alert Arrow: up Last DB Attachment:top 123.438 Last Sar Attachment: with db 123.438 Fibo up or down: red Notes:...
One thing I'm trying to understand Chris, is how can you analyze a short when your plan calls for a long. The H2 was screaming long but still you went short. You even said it; you was counter-trading the trend. Both H1 and H2 Horsemen in the uptrend. I guess you love losing money. So I will give you something to think about.

What Have I said about counter-trading the Parabolic trend?
The Dove - Forex Trainer
  • #7,400
  • Jan 8, 2017 9:49pm Jan 8, 2017 9:49pm
Quoting dove_alliance
{quote} One thing I'm trying to understand Chris, is how can you analyze a short when your plan calls for a long. The H2 was screaming long but still you went short. You even said it; you was counter-trading the trend. Both H1 and H2 Horsemen in the uptrend. I guess you love losing money. So I will give you something to think about. What Have I said about counter-trading the Parabolic trend?
Thanks Dove...I put a lot of weight on that Daily Sar and Contour line which has been hit and held that it distracted me off the two hour. I put too much confidence in that the daily ranging which is at the top. I will let my trade run according to my plan which was short at Daily contour with Sar so that I can learn from it. My mistake: I focused on Daily which took me out of the moment.
Behind the curtain's mystic fold The glowing future lies unrolled!!
13 traders viewing now