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The Paradox System

  • #7,881
  • Feb 4, 2017 12:30pm Feb 4, 2017 12:30pm
Quoting Welcrazy
{quote} I closed the trade before friday's end, either win or lose this entry was bad: I entered long against romar on both H1,H2, candle didn't open above EMA/PURPLE, the risk for a slippage was high. I should have waited the market to decide what to do, in particular at, 61.8 fibo H2 resistance We had DB/SAR as signal for a retrace back to downtrend On the candle I entered in H1, white crossed purple as signal of starting the consolidation, candle opened below EMA. Waiting few minutes the EMA Alert would pop-up right before the candle I entered...
One thing that is a fact is people having what is called "selective hearing". That also applies to reading; especially traders. They read only what applies to them and forget the rest. So lets take a moment and talk about your trade.

What made this trade bad is to do with two objectives.

1. The Parabolic
2. The SAR.

You made an entry totally against them both: which is called counter-trading. Because the market was in consolidation with your entry the only option at that time for an entry was with the SAR attaching with the Parabolic for 40 pips going down.

This is for everyone - traders are not using the SAR correctively. The SAR is used correctively with the Parabolic. An example is with this traders entry chart. The SAR broke away from the DB and attached with the Parabolic on the other side of Purple for entry going short. Bottom line - the SAR and Parabolic works together for all entries in consolidation and also on retraces in trends.

Any time you have trends you will have both the DB/SAR in the trend. Once you have a retrace pulling back to the other side of Purple, and heading for the Parabolic, you will also have the SAR detached from the DB and attached with the Parabolic (SAR - "Stop And Reverse") back into the trend.

At least you recognized your mistake and that is good.
The Dove - Forex Trainer
  • #7,882
  • Feb 4, 2017 5:06pm Feb 4, 2017 5:06pm
Just wish to add that I'm much appreciating all the helpful dialogue that has been taking place recently!
  • #7,883
  • Feb 4, 2017 7:56pm Feb 4, 2017 7:56pm
Quoting Therapsid
Just wish to add that I'm much appreciating all the helpful dialogue that has been taking place recently!
I'll second that, and thank you to Dove for post 7,883 which really helped me turn a corner with regards to SAR.
  • #7,884
  • Feb 5, 2017 7:00pm Feb 5, 2017 7:00pm
Trading plan with entry (February 5). Will post results with self analysis for discussion.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: feb5 trade1.png Size: 38 KB
Click to Enlarge Name: feb5 trade.png Size: 69 KB
When you work hard in silence, people don't know what to attack.
  • #7,885
  • Feb 5, 2017 9:36pm Feb 5, 2017 9:36pm
Holy cow, way to go Patriots!!!...making SuperBowl history. Tom Brady best qb of all time..best game ever watched from down 21-0 to come back and win in overtime...Greatest comeback in History....Blown away
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,886
  • Feb 5, 2017 9:39pm Feb 5, 2017 9:39pm
No trading during these huge events guys.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,887
  • Feb 6, 2017 3:34am Feb 6, 2017 3:34am
Quoting Clip75
No trading during these huge events guys.
I wouldn't consider the superbowl a huge event in the trading world!!!!
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,888
  • Feb 6, 2017 4:27am Feb 6, 2017 4:27am
Quoting shinny
{quote} I wouldn't consider the superbowl a huge event in the trading world!!!!
Oh no?? Read somewhere on a couple of different forex sites that this was a big no no. Nba finals, superbowl, big tv shows,etc. Man what a game tho!!
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,889
  • Feb 6, 2017 8:51am Feb 6, 2017 8:51am
Quoting Clip75
{quote} Oh no?? Read somewhere on a couple of different forex sites that this was a big no no. Nba finals, superbowl, big tv shows,etc. Man what a game tho!!
You must trust in Paradox... Im happy with my loong (i mean "loong" that takes a lot of my target being hit) short position from Daily Purple.

I tought u was talking about that u was going to have fun and drink some beers and that was the reason that u are not trading haha.
  • #7,890
  • Feb 6, 2017 10:22am Feb 6, 2017 10:22am
Quoting dove_alliance
I have waited for the conclusion of the Matrix and this posting is giving it to you. You now have the most powerful trading system in the world. There is nothing like it or ever will be like it. There will be some of you that will get it and others will not. For those who do get it then get on your knees and praise God; and thank Him for giving you this precious gift filled with His blessings. Those who do not get it are because your heart is not in the right place and were more likely not for you. For those idiots who are looking to make money...
Hi everyone : ) I've been studying divergences all weekend including the above post.... I'm still a little confused, I understand that we can enter back into trend after initial divergence connection ( either magenta/green in uptrend or light blue/gold in downtrend ) but sometimes it seems to reverse also. I have a few questions and would be really grateful if someone could help! I'm pretty sure it doesn't have anything to do with the colour of the fibo, and I understand the three retraced candles during consolidation, but in the example given from the quoted post, how did Dove know that the green divergence would attach again after the Romar retrace? is it just because of the 4 horsemen were in trend? why didn't he look for a short several candles after the lightblue/gold divergence attached at the sar thistle tag? I look on the history of the charts and see these retracements really well but sometimes there isn't a second hit of divergence ( when they separate ie green and magenta are separate?? hope this question makes some sense to somebody. Thanks again.
  • #7,891
  • Feb 6, 2017 11:14am Feb 6, 2017 11:14am
Date: 2/6/2017, 11:00 ET

Daily:
ROMAR: Support
EMA: Resistance
PSAR: Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: 120.102, bottom above SAR
Fibo: Up

Notes: 4 horsemen trend down. SkyLightBlue attachment at 120.102.

2 HR:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment:120.102, bottom with SAR
Fibo: Up

Notes: 4 horsemen trend down. Candle open at Purple and 23.6 Fibo. SkyLightBlue and Gold divergence attachment at 120.102 at Fibo 0.0.

1 HR:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Fibo: Down

Notes: 4 horsemen trend down. Candle close at Smooth. SkyLightBlue attachment at 120.102 at Fibo 0.0.

Final Notes: Consolidation, ROMAR is support on Daily. But H1 and H2 in sync, clear downtrend with ROMAR, EMA and the 4 horsemen.

Entry: Short with open of 11:00 ET candle. 40/40 as always.
Attached Image (click to enlarge)
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  • #7,892
  • Feb 6, 2017 11:54am Feb 6, 2017 11:54am
Quoting crupent
Trading plan with entry (February 5). Will post results with self analysis for discussion. {image} {image}
Trade closed. Winning trade. (Quoted my trading plan and entry)

Self evaluation: Was a good trade. Entered on purple, when I saw EMA was above purple and EMA below ROMAR (both in the same trend) - Risk evalulation: LOW.

Just by quickly looking at my chart and predicting the future, I see green price box attached with the flip of the fibo, divergence, with DB/SAR in the same location at the 0 fib line. On the parabolic flip, I can possibly enter long.

Thoughts on my trade?
Attached Image (click to enlarge)
Click to Enlarge Name: feb5close.png Size: 60 KB
When you work hard in silence, people don't know what to attack.
  • #7,893
  • Feb 6, 2017 12:05pm Feb 6, 2017 12:05pm
Quoting marian
Date: 2/6/2017, 11:00 ET Daily: ROMAR: Support EMA: Resistance PSAR: Resistance Check List: Last MACD 0 crossing: Down Last EMA Alert Arrow: Down Last DB Attachment: 120.102, bottom above SAR Fibo: Up Notes: 4 horsemen trend down. SkyLightBlue attachment at 120.102. 2 HR: ROMAR: Resistance EMA: Resistance PSAR: Resistance Check List: Last MACD 0 crossing: Down Last EMA Alert Arrow: Down Last DB Attachment:120.102, bottom with SAR Fibo: Up Notes: 4 horsemen trend down. Candle open at Purple and 23.6 Fibo. SkyLightBlue and Gold divergence attachment...
+40 pips, TP hit at 13:05 ET. There was a heavy downtrend on H2 and it retraced to Purple at Fibo 23.6. H1 was in clear downtrend as well, entry there between EMA and Smooth. BB on H1 and H2 opening, the candle before the H2 entry candle bounced from lower BB and on H1 there was a BB bounce with the 08:00 ET candle. TP was above attachment of DB, SAR, Gold, SkyLightBlue. SL on H2 was below PSAR but above EMA. SL on H1 was above PSAR. SL on Daily above ROMAR. In my humble assessment, this trade was easy and not too risky to take, but any criticism appreciated.
  • #7,894
  • Feb 6, 2017 12:19pm Feb 6, 2017 12:19pm
Quoting crupent
{quote} Trade closed. Winning trade. (Quoted my trading plan and entry) Self evaluation: Was a good trade. Entered on purple, when I saw EMA was above purple and EMA below ROMAR (both in the same trend) - Risk evalulation: LOW. Just by quickly looking at my chart and predicting the future, I see green price box attached with the flip of the fibo, divergence, with DB/SAR in the same location at the 0 fib line. On the parabolic flip, I can possibly enter long. Thoughts on my trade? {image}
My trade was exactly yours. And "thinking" in your buy about that chart that you post? I see a Full Downtrend in there, its like a Tsunami comming and u want to dive and go behind the wave hahaha.

Look Marian Trade, She surf the Tsunami but we still have a Wall in Daily... and that Wall is going to be broken 100% if EMA cross it. Anyway lets close mt4 and re open 30 minutes before sydney


If im wrong please correct me Teachers.
  • #7,895
  • Feb 6, 2017 1:25pm Feb 6, 2017 1:25pm
Quoting Contrax
{quote} My trade was exactly yours. And "thinking" in your buy about that chart that you post? I see a Full Downtrend in there, its like a Tsunami comming and u want to dive and go behind the wave hahaha. Look Marian Trade, She surf the Tsunami but we still have a Wall in Daily... and that Wall is going to be broken 100% if EMA cross it. Anyway lets close mt4 and re open 30 minutes before sydney If im wrong please correct me Teachers.
My "buy" was a position trade thought process. I also see the daily passed ROMAR, with a green fib.

We'll see what happens in the future.
When you work hard in silence, people don't know what to attack.
  • #7,896
  • Feb 6, 2017 4:40pm Feb 6, 2017 4:40pm
Quoting crupent
{quote} Trade closed. Winning trade. (Quoted my trading plan and entry) Self evaluation: Was a good trade. Entered on purple, when I saw EMA was above purple and EMA below ROMAR (both in the same trend) - Risk evalulation: LOW. Just by quickly looking at my chart and predicting the future, I see green price box attached with the flip of the fibo, divergence, with DB/SAR in the same location at the 0 fib line. On the parabolic flip, I can possibly enter long. Thoughts on my trade? {image}
Sorry Traders - been very busy over the week-end and today.

OK Crupent - nothing negative about the trade. You pulled the trigger with a full H2 downtrend which made the trade a very good call.
The Dove - Forex Trainer
  • #7,897
  • Feb 6, 2017 4:42pm Feb 6, 2017 4:42pm
Quoting marian
{quote}+40 pips, TP hit at 13:05 ET. There was a heavy downtrend on H2 and it retraced to Purple at Fibo 23.6. H1 was in clear downtrend as well, entry there between EMA and Smooth. BB on H1 and H2 opening, the candle before the H2 entry candle bounced from lower BB and on H1 there was a BB bounce with the 08:00 ET candle. TP was above attachment of DB, SAR, Gold, SkyLightBlue. SL on H2 was below PSAR but above EMA. SL on H1 was above PSAR. SL on Daily above ROMAR. In my humble assessment, this trade was easy and not too risky to take, but any criticism...
Yes Marian - You was focus and pulled the trigger in a very good trade. Keep up the good work.
The Dove - Forex Trainer
  • #7,898
  • Feb 6, 2017 4:46pm Feb 6, 2017 4:46pm
Quoting dove_alliance
{quote} Sorry Traders - been very busy over the week-end and today. OK Crupent - nothing negative about the trade. You pulled the trigger with a full H2 downtrend which made the trade a very good call.
Thank you Dove. I hope you see I'm improving.
When you work hard in silence, people don't know what to attack.
  • #7,899
  • Feb 6, 2017 4:49pm Feb 6, 2017 4:49pm
Quoting Contrax
{quote} My trade was exactly yours. And "thinking" in your buy about that chart that you post? I see a Full Downtrend in there, its like a Tsunami comming and u want to dive and go behind the wave hahaha. Look Marian Trade, She surf the Tsunami but we still have a Wall in Daily... and that Wall is going to be broken 100% if EMA cross it. Anyway lets close mt4 and re open 30 minutes before sydney If im wrong please correct me Teachers.
I have no idea what you are talking about because you showed no trading plan, no chart with the executed trade, and no self-evaluation. So in the future do not talk about a trade you had taken without first showing your trade with a plan, an H2 chart showing your trade, and then a self-evaluation. And so you know - you are wrong.
The Dove - Forex Trainer
  • #7,900
  • Feb 6, 2017 5:07pm Feb 6, 2017 5:07pm
I have received some PM's asking how to get an alert from the charts "text" to their cell phone's instead of an email. This is very easy:

Go to Tools - Options - and then the Email Tab. If you had already filled out the information in getting emails, then all you need to do is change the bottom box that says "To:" with your carriers email.

Your carrier email is with your 10 digit phone number such as Sprint: [10-digit phone number]@messaging.sprintpcs.com

Once you have done that then click "Test" and you will receive a text saying Test.

Here is a link with most carriers across the world giving their email for the carrier's you have.

http://www.email-unlimited.com/stuff...l-to-phone.htm
The Dove - Forex Trainer
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