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The Paradox System

  • #8,061
  • Edited 11:00am Feb 16, 2017 10:45am | Edited 11:00am
Alright traders - I would like for every one bring up your Daily chart and recognize the power of the Paradox: What you have is a situation that is very dangerous, as Shaun had said. You have ROMAR going through downtown central (center) as resistance; and EMA also resistance, with the 4 Horsemen in the uptrend. What makes this dangerous is with EMA being resistance and Purple being support. Until EMA crosses Purple the situation will remain the same.

Now lets say something happened in the world that shoots this market down. What do you think will happen? I'll tell you what would happen. The Daily Purple will follow the market which will place EMA in the position of being a slider over Purple and remain as RESISTANCE. This is one reason you never, ever anticipate ANY CROSSING. This situation is on the Daily BAR and anything can happen in a 24 hour period. I for one will never risk my money on a possibility. Do not ever underestimate the Power of the Paradox. If you do - you will be burnt. So far both Support and Resistance is showing the incredible power of the paradox with both (support and resistance) holding this market from a breakout. Until some type of volatility builds for a breakout - we must remain patient.
The Dove - Forex Trainer
  • #8,062
  • Feb 16, 2017 10:55am Feb 16, 2017 10:55am
Oh - I forgot. The H2 is showing the same power with ROMAR as Support and the Parabolic as Resistance. This is why there are no short-cuts. Recognize and believe in the power of support and resistance and you may find yourself seeing things in different light,
The Dove - Forex Trainer
  • #8,063
  • Feb 16, 2017 11:08am Feb 16, 2017 11:08am
Quoting dove_alliance
Alright traders - I would like for every one bring up your Daily chart and recognize the power of the Paradox: What you have is a situation that is very dangerous, as Shaun had said. You have ROMAR going through downtown central (center) as resistance; and EMA also resistance, with the 4 Horsemen in the uptrend. What makes this dangerous is with EMA being resistance and Purple being support. Until EMA crosses Purple the situation will remain the same. Now lets say something happened in the world that shoots this market down. What do you think will...
Thank you Master for clarifying this and telling us this. I always have you in my prayers.

As a reference for the future, if the EMA on the daily is sliding on ROMAR and purple/white crossed, but EMA has not crossed purple yet, we wait until EMA crosses purple to enter in on trades?

I'm asking this because EURJPY has been very stressful these past few days and it finally hit me that the Daily ROMAR and EMA were the cause of this. I should have never even entered this week.
"Cast your burden upon the Lord and He will sustain you"
  • #8,064
  • Feb 16, 2017 11:24am Feb 16, 2017 11:24am
Quoting tullegate
{quote} Thank you Master for clarifying this and telling us this. I always have you in my prayers. As a reference for the future, if the EMA on the daily is sliding on ROMAR and purple/white crossed, but EMA has not crossed purple yet, we wait until EMA crosses purple to enter in on trades? I'm asking this because EURJPY has been very stressful these past few days and it finally hit me that the Daily ROMAR and EMA were the cause of this. I should have never even entered this week.
No - that is not what I am saying. Like I have said earlier this week. Every scenario is different. You cannot trade Trends as a consolidation or Consolidation as a trend. You have to learn how to recognize the difference and also recognize how support and resistance has the power in each scenario.

Each scenario is different with individual powers. BUT - each scenario remains the same and repeats itself when it arises. This is why it is a 6 months process in learning. It doesn't take long to learn the basics. But it does take time to learn the scenarios and recognize each one in how they operate in any given situation. In other words - you CANNOT use the same scenario in every situation. It will not work. Each situation has its own scenario and you must learn each and every scenario in order to bet the market.
The Dove - Forex Trainer
  • #8,065
  • Feb 16, 2017 11:56am Feb 16, 2017 11:56am
This is why most of the traders are having problems. They learn the basics and think they have the market beat. What they don't realize is thinking this way they had put a gun to their head. The basics is only to get you started. And then it is up to you if you want to become a master of the market. Most traders give up because they want to be spoon fed and no desire to become greater then what they are now. There is no easy way when it comes to learning. If you don't have the heart then it is your lose. I have given everyone on this thread the tools to become a master. And how you apply these tools depends on your learning skills. With some it could be done in a short time; others could take years. When it comes to trading, no-matter what system you use, depends totally within your heart and the desire of total commitment in learning. This is why there are so many that fail. They just do not have the right heart in learning.
The Dove - Forex Trainer
  • #8,066
  • Feb 16, 2017 12:54pm Feb 16, 2017 12:54pm
Quoting dove_alliance
This is why most of the traders are having problems. They learn the basics and think they have the market beat. What they don't realize is thinking this way they had put a gun to their head. The basics is only to get you started. And then it is up to you if you want to become a master of the market. Most traders give up because they want to be spoon fed and no desire to become greater then what they are now. There is no easy way when it comes to learning. If you don't have the heart then it is your lose. I have given everyone on this thread the...
I think the main problem traders are having is clearly defining what is a TREND and what is CONSOLIDATION.

If you don't mind, I want to post my thought process on what these two words mean (based on the months of studying I have done), and you can correct me if I'm wrong.

TREND
The 4 horsemen (White, Purple, PSAR and Smooth) are the trend.
When the 4 horsemen are moving up - they are support.
When the 4 horsemen are moving down - they are resistance.

EMA changes the ROMAR trend.
So, if EMA is below ROMAR, the trend is down (support), but that's only true if it's also support on purple.
If EMA is above ROMAR, then the trend is up (resistance), but that's only true if it's also resistance on purple.

If one of the ROMAR trends are different from the 1H, 2H, or Daily, then the currency is in consolidation and we can trade long or short.

If all EMA's are above ROMAR, we should only go long.
If all EMA's are below ROMAR, we should only go short.

CONSOLIDATION
When white crosses purple, we are in consolidation. This means that we can go long and short. However, in consolidation, there is still a trend. That trend is with SMOOTH.
If smooth is below purple (in consolidation), then the trend is up.
If smooth is above purple (in consolidation), the trend is down.

When you are in consolidation, you either wait for the breakout (ema crossing purple), or you trade from the support or resistance of the consolidation.

If anyone has anything to add to this, please feel free to.
"Cast your burden upon the Lord and He will sustain you"
  • #8,067
  • Feb 16, 2017 5:43pm Feb 16, 2017 5:43pm
Personally I experimented post by post, like post 21 for instance. I watched the market, referred back at my own chart data in MT4 and I always kept that post open, over and over and over again I referred back. Even just looking at the chart shown there and using your loaf gives the foundation. You will know when you get it, as everything you read after that will be validating scenarios you have seen with your own eyes. If you aren't patient enough to see the scenario's unfold on the live market, pretend trade on your existing data, but don't lie to yourself. Get a spreadsheet and write in your entries/exits, win or lose and write down why you lost and why you won. I got far more out of that than posting questions here. A guy called Maurice used to ask some good questions when he was on form, may be good to filter out his posts, but still better to experiment yourself as it can get to information overload.

He probably bought his own island by now, laffs...

This game takes patience and discipline, dig deep and find both or go home.

I am fortunate in so far as I'm at a computer most of the day with little distraction though, I'm not sure everybody has that luxury.
'in less than half an hour he made over 100 ticks'
  • #8,068
  • Feb 16, 2017 10:32pm Feb 16, 2017 10:32pm
Ok I haven't posted a plan for awhile. Go easy on me Dana and Shinny.

Date: February 16 2017
Session: Asian
News: clear

Daily:
ROMAR - Support
EMA - Resistance at the crossing for support
PSAR - support
Check List:
Last MACD 0 crossing:up
Last EMA Alert Arrow: up
Last DB Attachment:119.320 bottom
Last Sar Attachment:121.321 top
Fibo up or down: up
Notes: purple crossed Ema. Ema coming out of slider on romar going
up.

2 HR:
OPEN PRICE - 120.804
ROMAR - support
EMA - support
PSAR - support
Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: bottom 120.675
Last Sar Attachment: bottom 120.675
Fibo up or down: down
Notes: Parabolic flipped. ema crossed purple for up. retrace to support

1 HR:
ROMAR - Support
EMA - support
PSAR - support
Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: bottom 120.675
Last Sar Attachment: bottom 120.675
Fibo up or down: up
Notes: uptrend. retracement to support ema.

Final Notes for all three charts: all charts aligning for the
breakout north.
Entry: Off support on H2 and h1 confluence and Daily purple support.
went long at 120.941.
Consolidation:
Long:120.941
Short:
Notes for readjustments:
Trade Result:
Notes for Evaluation:
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.png Size: 61 KB
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #8,069
  • Feb 16, 2017 11:11pm Feb 16, 2017 11:11pm
no. 3
Date: 17 Feb 2017 0612 Sweden Time
Session: Tokyo/London
Red News Alert: None
General Trend: Trending Up

Daily:
ROMAR: Support
EMA: Support
PSAR: Support
Check List:
Last MACD: above 0
Last EMA Alert Arrow: Up with MACD Arrow after
Last DB: 121.321
Fibo up or down: Up
Notes: ROMAR sliced through EMA. Market opened above EMA. Market bouncing off support with Fibo 50.0 & 61.8% resistance levels above.

2 HR:
ROMAR: Support
EMA: Support
PSAR: Support
Check List:
Last MACD: above 0
Last EMA Alert Arrow: Up with MACD Arrow after
Last DB: 120.675
Fibo up or down: Up
Notes: EMA sliced through purple. Market bouncing off supports with Bollinger the next resistance above.

1 HR:
ROMAR: Support
EMA: Support
PSAR: Support
Check List:
Last MACD: above 0
Last EMA Alert Arrow: Up with MACD on same bar (major retrace taken place)
Last DB Attachment: N/A on 1hr charts
Fibo up or down: Up
Notes: market surging up

Final Notes for all three charts: the trend up features on all three charts

Entry: Long Entry. Pull trigger for a great 40/40 Long off the next retrace to 4 horsemen after H2 Fibo flips. Look to add another Long on next retrace.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ H2 17FEB2017.jpg Size: 185 KB
  • #8,070
  • Feb 17, 2017 2:40am Feb 17, 2017 2:40am
abe ruin my day.......
  • #8,071
  • Feb 17, 2017 2:40am Feb 17, 2017 2:40am
Final Notes for all three charts: all charts aligning for the
breakout north.
Entry: Off support on H2 and h1 confluence and Daily purple support.
went long at 120.941.
Consolidation:
Long:120.941
Short:
Notes for readjustments:
Trade Result:-40 pips
Notes for Evaluation: All charts lined up to break out of ranging with trends in agreement for all 3 charts to go long. However the ranging was not over and when market hit the bottom it broke out south.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #8,072
  • Feb 17, 2017 2:52am Feb 17, 2017 2:52am
Hello everyone ..
I'm studying ... but I would like to bring your attention to two factors ..
1st height daily candles
2nd positions on the daily indicators
are the same ... very close ..very narrow ... very short.
The candles are much more short of the media, they say that the indicators.
For several days the market is in severe congestion, has not decided where to go.
I mean ... the trends that we see can be momentary.
So it seems to me appropriate market only at the stop and reverse.
But you have to be good.
TP 40? The candle yesterday what he has done? 50? and today is Friday
This is what I see in Paradox (intraday) ... but maybe I still think the old way

Let's see what Dana says of my thought. I will learn something else.

P.S. I hope I have written what I wanted to write
  • #8,073
  • Feb 17, 2017 3:43am Feb 17, 2017 3:43am
Quoting Clip75
Final Notes for all three charts: all charts aligning for the breakout north. Entry: Off support on H2 and h1 confluence and Daily purple support. went long at 120.941. Consolidation: Long:120.941 Short: Notes for readjustments: Trade Result:-40 pips Notes for Evaluation: All charts lined up to break out of ranging with trends in agreement for all 3 charts to go long. However the ranging was not over and when market hit the bottom it broke out south.
You've gotta realize the importance of the Fibos and the cycles. The H2 Fibo was and is still red, but will turn green soon. H1 turned green and so both charts will be in sync with the Daily Fibo. Remember that even if any of the Fibos are a different color it is consolidation and can go both ways. Also this is why Dove says to wait for the breakout first when it is so tight, should not have been in any trade
  • #8,074
  • Feb 17, 2017 4:04am Feb 17, 2017 4:04am
Quoting Clip75
Final Notes for all three charts: all charts aligning for the breakout north. Entry: Off support on H2 and h1 confluence and Daily purple support. went long at 120.941. Consolidation: Long:120.941 Short: Notes for readjustments: Trade Result:-40 pips Notes for Evaluation: All charts lined up to break out of ranging with trends in agreement for all 3 charts to go long. However the ranging was not over and when market hit the bottom it broke out south.
no, this trade is stop loss due to japan pm abe‘s news conference，then jpy grow strong immediately.
  • #8,075
  • Feb 17, 2017 4:09am Feb 17, 2017 4:09am
Quoting Clip75
Final Notes for all three charts: all charts aligning for the breakout north. Entry: Off support on H2 and h1 confluence and Daily purple support. went long at 120.941. Consolidation: Long:120.941 Short: Notes for readjustments: Trade Result:-40 pips Notes for Evaluation: All charts lined up to break out of ranging with trends in agreement for all 3 charts to go long. However the ranging was not over and when market hit the bottom it broke out south.
IMHO, now that the LimeGreen has attached to the DB [and perhaps OML (one more low to D1 PSAR support)], plus Fibo flip on H2 & H1 we just wait for MACD to get to 0. A Green arrow for the market/EMA cross would involve a lot of sideways .... then up to a H2 PSAR resistance retrace.
  • #8,076
  • Feb 17, 2017 5:34am Feb 17, 2017 5:34am
1 hour and 2 hour charts noted. I am still learning, and I see a thistle coloured box and gold divergence on 2 hour, as well as a 38.2 possible retracement (don't wish to assume!) on the daily. If the box has attached on the 2 hr and from what I have observed so far this post fits my understanding:
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-02-17 at 12.22.35.png Size: 123 KB
'in less than half an hour he made over 100 ticks'
  • #8,077
  • Feb 17, 2017 7:57am Feb 17, 2017 7:57am
Quoting shinny
{quote} 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.
Thanks for clearing that for me... I read dana's post but apparently did not understand it like I should have
  • #8,078
  • Feb 17, 2017 7:58am Feb 17, 2017 7:58am
Quoting pipon
{quote} Thanks for clearing that for me... I read dana's post but apparently did not understand it like I should have
Well stick at it, and you will understand, and you will be glad you did
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,079
  • Feb 17, 2017 8:03am Feb 17, 2017 8:03am
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 everthing Dove!
Attached Image (click to enlarge)
Click to Enlarge Name: 15 ÅŸubat 2017.png Size: 63 KB
  • #8,080
  • Feb 17, 2017 10:01am Feb 17, 2017 10:01am
Quoting Clip75
Final Notes for all three charts: all charts aligning for the breakout north. Entry: Off support on H2 and h1 confluence and Daily purple support. went long at 120.941. Consolidation: Long:120.941 Short: Notes for readjustments: Trade Result:-40 pips Notes for Evaluation: All charts lined up to break out of ranging with trends in agreement for all 3 charts to go long. However the ranging was not over and when market hit the bottom it broke out south.
Well Chris - I sure hate to pop your bubble - but you are wrong with all three charts in line for a breakout going north. I posted a scenario yesterday - pretty much giving out what was going to happen and it did happen. Apparently you didn't read it.
The Dove - Forex Trainer
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