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The Paradox System

  • #8,041
  • Feb 14, 2017 6:07pm Feb 14, 2017 6:07pm
Date: February 14, 2017
Session: Sydney
Currency: EUR/JPY

DAILY
ROMAR: Touched ROMAR
EMA: Sliding on ROMAR
Parabolic: Top

Notes: White and purple have crossed, but have touched smooth . Purple is moving in both ROMAR and EMA trend. EMA sliding on ROMAR.

1H
ROMAR: Above
EMA: Below Purple
Parabolic: Bottom

Notes: Green fib present. EMA and ROMAR in the same trend. However, white has crossed purple: consolidation.

2H:
ROMAR: Above
EMA: Below Purple
Parabolic: Bottom

Notes: Fib has flipped to green. 4 horsemen are shooting up. However, DB is infront of SAR and a pricetag is showing (close to the 61.8 fib level). Also, divergence (green) has attached to that candle. Green EMA arrow was the last one, with MACD shooting up.


ENTRY:
Short: Entered short because DB is infront of SAR with a pricetag. This pretty much indicated the entry, even if the 4 horsemen are shooting up because I trust the indicators and don't doubt it one iota. Why? Confluence was made through the divergence attached, as well as the SAR not attaching on a bottom of a candle on the daily. 40/40 trade made.
Long:

Entry below. Will post final results when trade closed.

God bless you all.
Attached Image (click to enlarge)
Click to Enlarge Name: feb14trade (1).png Size: 73 KB
"Cast your burden upon the Lord and He will sustain you"
  • #8,042
  • Feb 15, 2017 2:17am Feb 15, 2017 2:17am
My first plan.... please be gentle... lol
GMT 08:15 AT EUR/JPY
DAILY
ROMAR:Resistance
EMA: Resistance
Parabolic: eliminated (white crossed purple )
Notes: purple had crossed White and smooth. MACD UP , fibo GREEN
Last EMA Alert Arrow Up
2H
ROMAR:support
EMA: support
Parabolic: support
Notes: fibo GREEN arrows UP 4 horsemen all up..
1H
ROMAR: support
EMA: support
Parabolic: support
notes :fibe RED ,MACD UP. 4 horsemen allined up
FINAL NOTES :
We are in Consolidation. Will look for a long entry when the 2H chart price will move down abit and touch support (EMA line). the 1H chart should be also pointing up at the buying time.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYproDaily.png Size: 70 KB
Click to Enlarge Name: EURJPYproH2.png Size: 85 KB
Click to Enlarge Name: EURJPYproH1.png Size: 72 KB
  • #8,043
  • Feb 15, 2017 3:25am Feb 15, 2017 3:25am
Since it was my plan , I went long ....
The purple crossed white on the 1H chart, so it doesn't look like the best entry, but a plan is a plan.
I do have all the support in the 2H chart ( romar and psar and 23.6 fibo all less the 40 pips away )

will update soon.

P.s - forgot to add to the plan that we have USD news in 4 hours so position will be closed 5 minuts before if the 40/40 TP/SL will not be hit
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2buy.png Size: 86 KB
  • #8,044
  • Feb 15, 2017 7:29am Feb 15, 2017 7:29am
Closing trade now +5 pips at 120.85
Not a good trade , will be back later to evaluate.
  • #8,045
  • Feb 15, 2017 9:58am Feb 15, 2017 9:58am
With this post I am going to reference the traders that had made an entry after 17:00 ET yesterday; going either long or short.

When you pull the trigger - you do so in the moment. In the moment means all three charts are responding to that moment. That includes the Daily Chart. What everyone had missed when they pulled the trigger is what was going on with the Daily. You had a full blown uptrend on both the H1 and H2 with the Daily in a perfect consolidation with White crossing Purple following Smooth as Support, EMA as resistance, ROMAR as resistance crossing EMA; and then the stopper for the uptrend which is the Daily Parabolic.

On the H2 you have both ROMAR and the Parabolic as Support. And when you had entered between the Daily Parabolic Resistance and the H2 Parabolic Support you had less than 40 pips for profit with the H2 ROMAR holding support until the breakout. Because the trend is up on the H2 the breakout is going north; provided the H2 Parabolic doesn't flip in this consolidation. The Daily is a 24 hour candle and you just don't mess with the Daily in this kind of situation. When you pulled the trigger both Support and Resistance had total control leaving you in the twilight zone.
The Dove - Forex Trainer
  • #8,046
  • Feb 15, 2017 10:33am Feb 15, 2017 10:33am
As I have said many times - DO NOT TRADE AGAINST THE TREND. Even in consolidation there is a trend and the H2 will show the trend. You traders were pulling the trigger at resistance instead of support. All because of 'thinking' instead of visualizing. And that is what creating a trading plan is all about; seeing and not thinking.
The Dove - Forex Trainer
  • #8,047
  • Feb 15, 2017 10:39am Feb 15, 2017 10:39am
Quoting dove_alliance
With this post I am going to reference the traders that had made an entry after 17:00 ET yesterday; going either long or short. When you pull the trigger - you do so in the moment. In the moment means all three charts are responding to that moment. That includes the Daily Chart. What everyone had missed when they pulled the trigger is what was going on with the Daily. You had a full blown uptrend on both the H1 and H2 with the Daily in a perfect consolidation with White crossing Purple following Smooth as Support, EMA as resistance, ROMAR as resistance...
Thank you for clarifying this. This post helped me a lot. I have you in my prayers.
"Cast your burden upon the Lord and He will sustain you"
  • #8,048
  • Feb 15, 2017 10:39am Feb 15, 2017 10:39am
Quoting tullegate
Date: February 14, 2017 Session: Sydney Currency: EUR/JPY DAILY ROMAR: Touched ROMAR EMA: Sliding on ROMAR Parabolic: Top Notes: White and purple have crossed, but have touched smooth . Purple is moving in both ROMAR and EMA trend. EMA sliding on ROMAR. 1H ROMAR: Above EMA: Below Purple Parabolic: Bottom Notes: Green fib present. EMA and ROMAR in the same trend. However, white has crossed purple: consolidation. 2H: ROMAR: Above EMA: Below Purple Parabolic: Bottom Notes: Fib has flipped to green. 4 horsemen are shooting up. However, DB is infront...
Lost trade. I shouldn't have went against the 4 horsemen that were shooting up.

Lesson: Always trade the trend.
"Cast your burden upon the Lord and He will sustain you"
  • #8,049
  • Feb 15, 2017 10:41am Feb 15, 2017 10:41am
Quoting dove_alliance
With this post I am going to reference the traders that had made an entry after 17:00 ET yesterday; going either long or short. When you pull the trigger - you do so in the moment. In the moment means all three charts are responding to that moment. That includes the Daily Chart. What everyone had missed when they pulled the trigger is what was going on with the Daily. You had a full blown uptrend on both the H1 and H2 with the Daily in a perfect consolidation with White crossing Purple following Smooth as Support, EMA as resistance, ROMAR as resistance...
Very thanks..

Ps. I love your DB
  • #8,050
  • Feb 15, 2017 11:22am Feb 15, 2017 11:22am
So it would have been wrong to go short for 40 pips at opening of the 16:00 candle (11:00 ET) with Magenta/Green/DB/SAR attachment on top on H2, BB hit on H1, Parabolic hit on Daily. It would have been wrong because H1 and H2 are in full blown uptrend with ROMAR, EMA, horsemen.
  • #8,051
  • Feb 15, 2017 12:46pm Feb 15, 2017 12:46pm
Quoting marian
So it would have been wrong to go short for 40 pips at opening of the 16:00 candle (11:00 ET) with Magenta/Green/DB/SAR attachment on top on H2, BB hit on H1, Parabolic hit on Daily. It would have been wrong because H1 and H2 are in full blown uptrend with ROMAR, EMA, horsemen.
Well Marian - let me say this:

If you had studied all the tutorials on this thread then your concern above would had been answered. Each scenario is different with its own powers. I also have stated time and time again the Paradox is strictly about support, resistance, and trends with nothing in between, and this is where you need to wrapped your mind around: "Support, Resistance and Trend", and forget everything else but study the scenarios and understand how they are in compliance with the 3 elements of power: SUPPORT, RESISTANCE, and TREND. Once you have understood these 3 elements then all your questions will be answered in regards to each scenario.
The Dove - Forex Trainer
  • #8,052
  • Feb 15, 2017 1:46pm Feb 15, 2017 1:46pm
Quoting pipon
Closing trade now +5 pips at 120.85 Not a good trade , will be back later to evaluate.
Looking back at todays trade I think that the trade was OK.
I lost my confidence when at the moment of pulling the trigger the purple on the 1H just crossed white and eliminated the psar support and indicated a possible swing to go further down. (Im not sure one can look for a low entry price to go long without the purple crossing white, but maybe Im wrong )
I pulled the trigger anyway , as I had the support on the 1H - EMA +ROMAR and BB ,while on the 2H I had ROMAR , EMA, psar and 23.6 fibo as nice support.

Still, I think I have seen better trades then this one.

Will appreciate others thoughts on this trade,
Thanks
  • #8,053
  • Edited 2:56pm Feb 15, 2017 1:54pm | Edited 2:56pm
Quoting dove_alliance
{quote} Well Marian - let me say this: If you had studied all the tutorials on this thread then your concern above would had been answered. Each scenario is different with its own powers. I also have stated time and time again the Paradox is strictly about support, resistance, and trends with nothing in between, and this is where you need to wrapped your mind around: "Support, Resistance and Trend", and forget everything else but study the scenarios and understand how they are in compliance with the 3 elements of power: SUPPORT, RESISTANCE, and...
OK, thanks, I will study, study, study the scenarios and how they are in compliance with the 3 elements of power! This is an interesting teaching thread.
  • #8,054
  • Feb 15, 2017 2:27pm Feb 15, 2017 2:27pm
Is this not the most powerful reversal signal there is. You can see both divergences along with seeing both Sar and Db. I really think I'm starting to understand these beasts. In this example fib level 23.6 and Romar were a good confluence. This is the daily chart as an example but we are trading the 2 hour. Feedback welcome.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.png Size: 70 KB
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #8,055
  • Feb 15, 2017 6:51pm Feb 15, 2017 6:51pm
Quoting dove_alliance
With this post I am going to reference the traders that had made an entry after 17:00 ET yesterday; going either long or short. When you pull the trigger - you do so in the moment. In the moment means all three charts are responding to that moment. That includes the Daily Chart. What everyone had missed when they pulled the trigger is what was going on with the Daily. You had a full blown uptrend on both the H1 and H2 with the Daily in a perfect consolidation with White crossing Purple following Smooth as Support, EMA as resistance, ROMAR as resistance...
Got it. Thank you.
I did see that...all that you have said above regarding the daily, prior to pulling the trigger, yet I "indulged" in some "thinking" instead of objectively noticing. Wait for the market to align. I have put this advice and lesson into future trading.
Bless you.
If you make up your own rules then the story is sad.....
  • #8,056
  • Feb 15, 2017 9:36pm Feb 15, 2017 9:36pm
Quoting Clip75
Is this not the most powerful reversal signal there is. You can see both divergences along with seeing both Sar and Db. I really think I'm starting to understand these beasts. In this example fib level 23.6 and Romar were a good confluence. This is the daily chart as an example but we are trading the 2 hour. Feedback welcome. {image}
Plus the BB tag too
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,057
  • Feb 16, 2017 4:48am Feb 16, 2017 4:48am
GMT 10:30 AT 16/2 EUR/JPY
DAILY
ROMAR: Same price-on the pip
EMA: Resistance
Parabolic: eliminated (white crossed purple )
Notes: purple had crossed White and smooth. MACD UP , fibo GREEN
Last EMA Alert Arrow Up
2H
ROMAR:support
EMA: resistance
Parabolic: resistance
Notes: fibo RED ,last ema arrow - DOWN , last MACD arrow DOWN. BB getting tight as we are in ranging market.
1H
ROMAR: support
EMA: resistance
Parabolic: resistance
notes :fibe RED ,MACD DOWN. 4 horsemen pointing down.all very close to each other (romar ,price,ema purple whaite and smooth)
FINAL NOTES :
We are in Consolidation. -and a very tight rang, with both important support and resistance on all chart , or as the DOVE said : in the twilight zone.
ENTRY , will look for both short and long when the breakout will happen and both 1H and 2H chart will be in sync.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYproDaily.png Size: 70 KB
Click to Enlarge Name: EURJPYproH1.png Size: 77 KB
Click to Enlarge Name: EURJPYproH2.png Size: 81 KB
  • #8,058
  • Feb 16, 2017 6:17am Feb 16, 2017 6:17am
No.2

Date: 16 Feb 2017 1300 Sweden Time
Red News Alert: None
General Trend: Consolidation

Daily:
ROMAR - Support
EMA - Resistance
PSAR - Support
Check List:
Last MACD above 0
Last EMA Alert Arrow Up
Last DB 119.320 Lime Green for low off Fibo with price tag attached.
Fibo up or down Up
Notes: ROMAR sliding through EMA. Market retracing to 4 horsemen. Immediate EMA resistance with Fibo 50.0 & 61.8% target levels above.

2 HR:
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD below 0
Last EMA Alert Arrow down
Last DB Attachment 120.793
Fibo up or down Down
Notes: Tight consolidation with ROMAR support & PSAR resistance above. Bollinger squeeze noted.

1 HR:
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 below 0
Last EMA Alert Arrow down
Last DB Attachment N/A on 1hr charts
Fibo up or down Down
Notes: market drifting down to ROMAR support

Final Notes for all three charts: reassess at next H2 candle.

Entry: Look for Long Entry 40/40 with H1 & H2 white crossing purple. Pull trigger for a great 40/40 Long between the identified resistance & support if H2 PSAR & Fibo flip.
cut my legs off and call me shorty
Attached Image (click to enlarge)
Click to Enlarge Name: EJ H2 16FEB2017.jpg Size: 192 KB
  • #8,059
  • Feb 16, 2017 9:25am Feb 16, 2017 9:25am
I must leave my computer. No setup yet , BB on the 2H chart still getting closer to each other. will do another plan tomorrow.

Shinny or Dove, do you have any comment on my trade from yesterday ? missed something? got something wrong?

Thanks,pipon
  • #8,060
  • Feb 16, 2017 10:09am Feb 16, 2017 10:09am
Quoting pipon
I must leave my computer. No setup yet , BB on the 2H chart still getting closer to each other. will do another plan tomorrow. Shinny or Dove, do you have any comment on my trade from yesterday ? missed something? got something wrong? Thanks,pipon
Hello Pipon,

If you read and re-read the posts that Dana did yesterday you will have your answer. He covered it in those posts. When the market moved up to Daily ROMAR on the 12th and then on the 13th White/Purple crossed, it put things in a very tight and potentially dangerous situation which got harder yesterday when Purple/Smooth crossed. I reckon we will see some clarity tonight/tomorrow though looking at what's happening right now.
Nobody can be told what The Matrix is. You'll have to see it yourself.
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