The Paradox System

I apologize for the late post.


2/6/2017
Session Sydney : EUR/JPY
Daily Open: Way below Purple
Romar: Support
EMA: Resistance
Parabolic: Resistance
Notes: Four Horsemen in steep downtrend. DB down with divergence attachment. Fibo up.

H1
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Notes: Four Horsemen in downtrend. DB down with SAR and divergence attachment with green price tag. Fibo up.

H2
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Notes: Four Horsemen in steep downtrend. DB down with SAR green price tag and divergence attached. Fibo up.

FINAL NOTES:H1, H2, Daily in strong downtrend. Will enter short off resistance.

Buy:

Sell: Entered short off retrace to White. Set TP +40 SL 40.

Adjustments:

Edit to plan

H1

Romar: Resistance
EMA : Resistance
Parabolic: Resistance

hahah ok

February 6 trading plan. 17:00 EST.

No entry yet.

Trade evaluation:

I believe this was a great trade. Main motivation for short is as follows strong down trend on all charts. Purple about to cross Romar on Daily when trade was placed. As Purple was getting closer to Romar on Daily for the cross I knew this trade would go for 40 pips.

OK Hendo - tell you want I would like for you to do:

Continue as you have with your plans, entries, and self-evaluation, and keep them on your computer; but do not post your trades until AFTER the fact. In other words, after the trade is completed. It matters not if it is a winning trade or a losing trade go ahead and post the trade when it is finished. Your plans and trades are pretty much spot on and it is time to stop other traders taking advantage of your worthiness in learning. OK?

O.K. Will do!

Can't thank you enough for this gift, I will continue to be active as instructed!

Chad,

anyone ?

Hi Derek, I'm not totally sure but I know in trend you can keep re entering on retracements, in consolidation im never sure to be honest, maybe one of the more experienced traders can help?
thanks, guitarman.

Date: 2/7/2017, 9:00 ET

Daily:
ROMAR: Support
EMA: Resistance
PSAR: Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: 119.531, bottom above SAR
Fibo: Up

Notes: 4 horsemen trend down. SkyLightBlue attachment at 119.531. Purple at ROMAR.

2 HR:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance, eliminated

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Down
Last DB Attachment: 119.531, bottom
Last SAR Attachment: 120.033, top
Fibo: Up

Notes: 4 horsemen trend down. White/Purple crossing eliminating Parabolics resistance. Candle open above Smooth, Purple, White. Purple and 23.6 Fibo. DB, SAR, SkyLightBlue and Gold divergence attachment at 119.531 at Fibo 0.0.

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

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Fibo up or down: Up

Notes: Purple above Smooth and Withe and at EMA for crossing. Parabolic flip upwards. Candle open above Purple. SkyLightBlue attachment at 120.102 at Fibo 0.0.

Final Notes: Consolidation, ROMAR is support on Daily. White and Purple eliminating the Parabolic as resistance on H2, MACD crossing 0, SAR broken away from DB, open above Smooth. 4 horsemen on H1 getting ready for uptrend.

Entry: Buy with open of 09:00 ET candle.

I'm waiting on the H2 PSAR to make sure this is not another slider.
Yes a slider.

Entered Short. Will post results and self analysis once trade is closed.

Quoted was the trading plan I made last night.

As a part time geek and someone who likes to be productive and organised, I thought I'd share my method of categorising information and sharing it across all of my devices. That being my android (or apple) phone and my mac (or windows/linux computers).

I can be sitting anywhere on any device with a few minutes to spare. I could choose to shoot the breeze, but no I spend it in my favourite thread

As I am still learning the system, I was finding it frustrating to lay my hands on things quickly while watching (or revising) the market with Paradox. There are so many little nuggets as you navigate the forum, and if they can't be saved and stored instantly, they can easily get lost in the ether.

I thought, wouldn't it be great when a market opportunity presents itself, to immediately have digested all the relevant information before the scenario unfolds?

Well, if you don't have Google phobia and know (or want to learn) what tagging is, my suggestion could be a nugget in its own right! I don't care what anyone thinks about Google, they have organisation and searching for information nailed. Interested? Let's move on:

1. For the sake of ease, get a fresh Gmail account
2. Use Chrome browser.
3. Get Google drive
4. In browser settings > extensions get and add the app 'save to Google drive'
5. Google, find and set up a new free Cloudfind Account, logging into it directly with your newly created drive account.
6. Work out how to manage and create your tags (see below). You can add more as you progress.



Now it starts to get interesting

7.Go to a webpage with a golden nugget in it (gosh, there are so many to choose from...). Hit Ctrl P (in windows, I didn't test this) or Cmd P on a mac and the Google print dialogue box will pop up. Where it says destination, select change and point to your Google drive account. Naturally you will then want to select save.



Dance a jig with delight as you navigate to the pdf you just saved in your new drive account, and discover it has saved the file with the page number.

Please read on, there's more...

8. Right click the new Pdf file and select 'open in Google docs'.

10. Once opened, select some text you want to highlight and either colour it, and notice the little box to the right of the paragraph (not present in this image) that allows you to comment on the important highlighted bit (and indeed other important bits in the doc) and bingo, you are done. You can also delete unwanted text in the doc before it saves. You can also share the doc with your friends (if you have any!).



11. Delete the old copy pdf file (you won't need it) as this Google doc is your new one.

12. Go back to the Cloudfind tab you opened and connected to your drive account, dig around and find your new file (you may need to refresh the browser) and tag that baby.. Rinse and repeat every time you save something useful.

In a short while, you will have more information at your fingertips than the good lo.. erm better not go there here

I know there are a few steps, but methinks I'm in a community that has a need to collect, organise and access information and rather quickly. And if it is at your fingertips, you will be more likely to use it, meaning faster learning, fewer mistakes, fewer questions. And above all, hopefully more success!

Why tagging you may ask? Essentially, speed and organisation of information. These guys explain it fairly eloquently: https://zapier.com/blog/how-to-use-tags-and-labels/

How many times did Dove mention what happened in a swing change? Might have been 3 or four times and I'm only half way through the thread? If only I'd tagged the documents: [dove swing change] I'd saved, I'd have all 5 of the mentions. And didn't shinny mention Bollinger rules and a page later he had to re-explain it because someone didn't get it? Enter the tag [shinny bollinger]... But wait, didn't he also explain somewhere it in one of those charts I love to save to the hard drive of my computer? Where exactly is that, and erm what did I call it? And Dove said something else that validated shinny's Bollinger post 10 pages later. Aargh!

And so on.

And all of this accessible on any tablet/mobile PC/Mac no matter where you are. If you use Android (and probably iphones have an app), you can even screenshot posts on the phone, save them to drive and tag them from your tablet/PC.



Look, you could be in bed reading with the wife snoring, at the beach getting sand kicked in your face. Or at the airport facing delays, or clad in lycra at the gym. It matters not. Wherever you are, whatever you are facing, you'll always have productivity and the Paradox as a welcome distraction.
Have fun

Hello there,

I continue my study of the Paradox (I'm enjoying it more and more everyday, even saw the matrix movie again when had some free time), and I would like to get another little clarification if possible:

In post #1881:
http://www.forexfactory.com/showthre...574515&page=95

I tried to do my analysis before reading Dana's comments to test myself, and in H2 picture there's something I don't understand, for the BUY in H2:
http://www.forexfactory.com/attachme...1&d=1455039481
"take the hit off the 1 hour 4 horsemen; which was also the 2 hour White/Purple crossing for entry" -Dana.

Is that BUY operation taken in the beggining of the candle? EMA is still a resistance, are the other factors enough to consider EMA was going to be trespassed? Because according to my analysis I would have opened by the end of the candle/start of the next candle, when the EMA resistance level was clearly broken, despite H1 ROMAR being close, there seemed like H2 ROMAR gave enough room (I think that last H2 candle still are 40 pips?).

Hope I don't derail the thread with these questions, really. Regards and thank you all.

Closed my trade with 0 pip profit. I cleaned the trade up because I saw the SAR create a new point at 119.663, as it was on the bottom of a candle, so it would show that the currency is moving up.

It should be noted though that the trade did have about a 25 pip gain though.

My gameplan now: Wait for a parabolic flip to go long on a position trade.

To the experts, please let me know if I'm misinterpreting SAR, or if I made a smart decision to clean up this trade.

What is the rule trader????????????

It states you let the trade run to either TP of SL.

I apologize Dove. I thought I would close my trade because of what the moment was telling me.

Hello
really really interesting, I will try to study ... all this too many pages.
This language will put me a little difficulty, but we'll see ..

Re-entered for a short on the hit of parabolic.

Good Morning kind people.
Please review my 1st Paradox trading plan on Demo a/c. Comments you may feel relevant are welcome.

DAILY CHART - DATE: 8-2-17 NY 1715hrs Sydney time 0815hrs
ROMAR: Support
EMA: Resistance
Parabolic: Resistance
NOTES: Consolidation
2 HOUR CHART:
Opening: 120.006
ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
NOTES: Purple x white 5hrs ago, white continues uptrend. Magenta SAR has hit PSAR resistance at 120.099. Fibo green for uptrend and has hit the 23.6 fibo and has also moved x the EMA so that EMA is support.
Down Trend
1 HOUR CHART:
ROMAR: Resistance
EMA: Support
Parabolic: Support
Notes: All charts are not in sync thus we have a consolidated market. Purple has broken above white & smooth again. All 4 horsemen are in up trend. 2 attempts to pass the fibo 23.6 have been made but relatively unsuccessful. 1Hr chart is inconsistent with the 2hr.
Consolidation

Entry: Wait and watch till the 2Hr & 1Hr are congruent. Then up date with revised plan.
Self Reminder: Have I restated platform at 1705 hrs NY time (0805 Sydney) = YES