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  • #8,221
  • Feb 24, 2017 5:59am Feb 24, 2017 5:59am
Quoting Tortilla
Hi all, I've entered also in psar short, but got one question if you do not mind... The moment price rebounce at psar, white and smooth crossed purple in H2... This would not invalidate this entry? Bear with me please... Next week I am starting to post trading plans, finally!
Hi Tortilla

PSAR is eliminated with the White/Purple cross in Consolidation only. So if one of the ROMAR are different, or EMA/ROMAR are different on one chart, then White/Purple cross will eliminate the PSAR as S/R.

In trend, a White/Purple cross could just mean a slider, so if you get the SAR, as Dana has said many times in his posts, it is an entry back into the trend.

You have to take all the aspects into consideration. There are sometimes small differences with this system that make a huge difference to your results and observing them over time will clear things up for you.

Hope that helps.
Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,222
  • Feb 24, 2017 6:33am Feb 24, 2017 6:33am
Quoting shinny
{quote} Hi Tortilla PSAR is eliminated with the White/Purple cross in Consolidation only. So if one of the ROMAR are different, or EMA/ROMAR are different on one chart, then White/Purple cross will eliminate the PSAR as S/R. In trend, a White/Purple cross could just mean a slider, so if you get the SAR, as Dana has said many times in his posts, it is an entry back into the trend. You have to take all the aspects into consideration. There are sometimes small differences with this system that make a huge difference to your results and observing them...
Just to clarify, in H1, EMA crossed Purple becoming a support before that PSAR entry, therefore wouldn't it be a consolidation and then PSAR would be considered eliminated?

Sorry about the spam with this topic Shaun, but I really struggle with PSAR elimination cases!

Cheers.
"Know thyself."
  • #8,223
  • Feb 24, 2017 6:47am Feb 24, 2017 6:47am
Quoting miau1
{quote} Just to clarify, in H1, EMA crossed Purple becoming a support before that PSAR entry, therefore wouldn't it be a consolidation and then PSAR would be considered eliminated? Sorry about the spam with this topic Shaun, but I really struggle with PSAR elimination cases! Cheers.
Yes but EMA still below ROMAR on all charts. Don't try and complicate things too much Pablo, a trend is a trend and consolidation is consolidation!!!
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,224
  • Feb 24, 2017 6:51am Feb 24, 2017 6:51am
Quoting miau1
{quote} Just to clarify, in H1, EMA crossed Purple becoming a support before that PSAR entry, therefore wouldn't it be a consolidation and then PSAR would be considered eliminated? Sorry about the spam with this topic Shaun, but I really struggle with PSAR elimination cases! Cheers.
I struggled with this as well! EMA crossing Purple signaled a new short term trend long which also meant EMA then became Support (yet Mkt. immediately went short). This confused me.
  • #8,225
  • Feb 24, 2017 6:52am Feb 24, 2017 6:52am
Quoting shinny
{quote} Yes but EMA still below ROMAR on all charts. Don't try and complicate things too much Pablo, a trend is a trend and consolidation is consolidation!!!
Thank you!
  • #8,226
  • Feb 24, 2017 6:55am Feb 24, 2017 6:55am
Quoting shinny
{quote} Yes but EMA still below ROMAR on all charts. Don't try and complicate things too much Pablo, a trend is a trend and consolidation is consolidation!!!
Alright, got it now! Thanks a lot for the help and patience, really.
"Know thyself."
  • #8,227
  • Feb 24, 2017 8:57am Feb 24, 2017 8:57am
Quoting dove_alliance
{quote} The rule is 40/40 trader.
My apologies Dove. I have just seen that if I left the trade it would have closed for 40 pips now.
Never Give Up
  • #8,228
  • Edited 12:52pm Feb 24, 2017 12:20pm | Edited 12:52pm
Hello Traders:
The rules for the Paradox are also the rules of trading. The rules is a platform in learning how to become a winner and not a loser. In learning to trade you need wisdom and faith. And what makes the Paradox phenomenal is it always speaks the truth. In order to be a winner you must learn to trust the rules and apply them. But there is one problem - and that is learning with a LIVE ACCOUNT. I know when a trader is using their live account when they use B/E; which is against the rule. Taking profit of less than the 40/40 rule; which is against the rule; using excuses in taking profit; which is against the rule. You cannot learn if you are looking to make a few dollars with your live account. Trading a live account while learning is showing the desire of pure greed. There is no place in trading accepting greed as a source of becoming wealthy. The only true way of becoming wealthy with trading is applying yourself with the 'rules of trading'. That is the only true way of beating the market. And what you are doing is setting a bad example for yourself and other traders in breaking the rules of trading. I strongly suggest for those who are using their live account in learning to dissolve yourself from your live account; and learn with a demo. With a demo is the only way you can achieve in becoming great in the long run. I have seen many, many traders destroyed with greed. And why is that? Because they never had taken to heart the true meaning of trading strictly by the rules. So do yourself a great favor and set aside your live account until you have reached an 80% profit with all your trading; that is the only way you can truly become wealthy.
The Dove - Forex Trainer
  • #8,229
  • Feb 24, 2017 4:14pm Feb 24, 2017 4:14pm
Quoting dove_alliance
Hello Traders: The rules for the Paradox are also the rules of trading. The rules is a platform in learning how to become a winner and not a loser. In learning to trade you need wisdom and faith. And what makes the Paradox phenomenal is it always speaks the truth. In order to be a winner you must learn to trust the rules and apply them. But there is one problem - and that is learning with a LIVE ACCOUNT. I know when a trader is using their live account when they use B/E; which is against the rule. Taking profit of less than the 40/40 rule; which...
Very good post Dove. I was guilty of trading a live account in the beginning and it yes it hindered my growth incredibly. You have to be free and have no pressure while learning. It really puts the blinders on. I was taking small wins although I was building my account I wasn't learning properly. I had to stop trading even a demo for awhile to reboot and stop the destructive process.I'm starting to piece everything together again and learn the right way. Don't fall into this temptation.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #8,230
  • Feb 25, 2017 10:15am Feb 25, 2017 10:15am
Thank you Dove for your system!
This is very generous of you to offer your system and teach and guide us! I have been reading into your system from post 1 for about 3 weeks now. You have come up with a truly amazing system, I will continue reading till I have fully covered everything!

Many thanks
  • #8,231
  • Feb 25, 2017 5:44pm Feb 25, 2017 5:44pm
I gotta say that I just love studying on the weekends with the simulator. It's very close to actual but not exactly the same as real market conditions. It can however help you study when you have the itch. Here's a video of it running in October. Beautiful slider on the H2 by the way. We all know where this trade is going right. Oh and if any of you use a simulator to study make sure that your input dates aren't too far back(no more than a couple of months) because the definition starts to degrade when the smaller timeframes aren't available for data. Remember not exactly like the real market but very close if you need to study. And I need to study more than anybody so I do what I can. Have a great weekend everyone and God bless you Dana.
Attached File(s)
File Type: mp4 Recording #4.mp4   1.9 MB | 719 downloads
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #8,232
  • Feb 26, 2017 7:52am Feb 26, 2017 7:52am
Hi Everyone, I have been reading this thread from the beginning again and studying hard but I cannot understand two posts and seem to have hit a wall with my learning. I have spent hours searching the topic for the answer, checked my charts for scenarios and put in all my free time this week into learning. I am not asking to be spoon fed at all because I need to learn for myself. My heart is in the right place as I understand the commitment of hours studying needed and am not looking for shortcuts, I just cannot get my head around two posts from the beginning of this thread. I am a newbie to Forex trading and have my mind open to how support and resistance works within the paradox. I think I am looking for clarification on two points I think to then allow me to continue learning the paradox. I don’t consider myself to be a very intelligent person and I usually need to spend a long time reading things to absorb and understand the information, whereas others may understand within a few passes of the information.

First is post 362 -
Quoting dove_alliance
There are some of you that are learning and others are not. For those who are having problems - all you need to do is study, study, and study. Eventually a light bulb will go on. It is like going to college working for a masters degree. It does not happen over night. It takes time. On your Daily chart take note Last week it had created a new low with the Fibo flipping for the up. The Fibo is a very good source of information for entries and targets. This up had hit the 38.2 resistance of the Fibo and bounced and did so again yesterday; and continue...
The second screenshot is the one in which I am confused. I understand that Romar is support with EMA as resistance, until EMA crossed purple and became support. I understand the trend is up as EMA is above Romar and did not cross. I cannot get my head around the comment 'it got below the ROMAR support and became resistance'. Is this reference to the market crossing through Romar support and then Romar becoming resistance? I thought what changes Romar from support to resistance and vice versa is the crossing with EMA (the same as EMA crossing purple for support and resistance) as Dove has explained in various postings throughout the thread. My mind is open to the Paradox and I want to learn I think I just need clarification. I see in post 396 xmess7 has asked the question and in post 397 Dove has provided an answer regarding 'I will answer that question -- have you ever heard me mention "price" in my training? The answer is no; and the reason is because price has absolutely nothing to do with trading.' I really want to learn what this means as I don't quite get it at the moment. If not referencing the market/price getting below Romar, what is being referenced? I have zoomed in on the screenshot and I cannot see EMA actually getting below Romar so I'm at a loss at the answer by Dove.

The second post and scenario starts at post 562. I have uploaded a screenshot of the H2 chart at the time.
Quoting dove_alliance
So in the moment look at the 2 hour and what do you see? What you see is EMA support with White/Smooth also holding support in a very thigh squeeze. And if Purple does not hold resistance?????????? You see the big picture.
I can identify EMA support and can identify White/smooth support aswell. However I cannot figure out purple holding resistance. In post 581 Dove confirms purple held resistance. My understanding of the four horsemen is 'The 4 horsemen channel is the trend. If the trend is up the 4 are support; if the trend is down then the 4 are resistance' I see Romar below EMA so my understanding is the underlying trend in this moment is up. I have spent a lot of time searching for the answer and read the buildup to his moment and I can't seem to get my head around it. I am almost certain there is an underlying concept I am not understanding. I have started the thread from the very beginning many times this weekend and arrive at the same posts not able to progress as I cannot get my heard around what others are seeing and I am missing.

I thank Dove for creating this thread and the countless hours, hard work and effort, it truly amazes me someone is so generous in helping others to succeed. I hope one day I can be a full time Paradox system trader and I am prepared to put all the hours and effort in to do so. I am just asking if someone would be so kind to provide 'a nudge in the right direction' as to where I am not understanding. I fully respect the Paradox system and I can see it is a most powerful system if used correctly with the rules.
Attached Image (click to enlarge)
Click to Enlarge Name: Scenario 2.JPG Size: 102 KB
Never Give Up
  • #8,233
  • Feb 26, 2017 10:38am Feb 26, 2017 10:38am
Quoting Retrogue
Hi Everyone, I have been reading this thread from the beginning again and studying hard but I cannot understand two posts and seem to have hit a wall with my learning. I have spent hours searching the topic for the answer, checked my charts for scenarios and put in all my free time this week into learning. I am not asking to be spoon fed at all because I need to learn for myself. My heart is in the right place as I understand the commitment of hours studying needed and am not looking for shortcuts, I just cannot get my head around two posts from...
OK - lets see if we can get you to move on:

This screen shot you had posted is showing a lot going on. To begin with you have the Fibo flipped Red and down. You also have the DB/SAR attached at the "0" Fibo for the down with DB attached is also considered the underline trend at "0". You also had the SAR detached from the DB and connected with the Parabolic trend which was also an entry back into the ROMAR trend.

Now - here is the scenario:

Because the market is going sideways and NOT consistent with the trend you are also in a ranging mode. The next attachment on the top side with the SAR is showing this ranging. It is also an entry for the short. The question: What is next?

The SAR will either continue Ranging for another connection on the downside going back up - or - Both DB/SAR will connect together on the downside for the underline downtrend of the Fibo.

As you continue reading you will come across this scenario. Just keep in mind of the underline trend which is the DB.

I hope this helps you.
The Dove - Forex Trainer
  • #8,234
  • Feb 26, 2017 11:25am Feb 26, 2017 11:25am
Quoting dove_alliance
{quote} OK - lets see if we can get you to move on: This screen shot you had posted is showing a lot going on. To begin with you have the Fibo flipped Red and down. You also have the DB/SAR attached at the "0" Fibo for the down with DB attached is also considered the underline trend at "0". You also had the SAR detached from the DB and connected with the Parabolic trend which was also an entry back into the ROMAR trend. Now - here is the scenario: Because the market is going sideways and NOT consistent with the trend you are also in a ranging mode....
Thank you for your reply Dove. I am going to study everything you have said.
Never Give Up
  • #8,235
  • Feb 26, 2017 4:34pm Feb 26, 2017 4:34pm
Hello traders.
Have made many errors over the last few weeks, yet I feel making some progress.
Here is my plan for today and I will submit my review after completion.

Date: 27-2-17 0800 Sydney Time
CHECK NEWS RELEASE BEFORE TRADING Yes / No
- if No...... STOP .....do not proceed with Plan
Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow Down
Last DB Attachment 118.235
Fibo up or down Up
Notes: Down Trend. The only thing that is suggestive of a possible short term change for a swing is the hit of DB & SAR at 118.235

2 HR:
OPEN PRICE -
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow Down
Last DB Attachment 118.235
Fibo up or down Up
Notes: Down Trend. BB hit with green thistle and SAR & DB hit at 118.235. Otherwise full down trend. Only 15 pip from Friday close - not suitable from my beginner knowledge for a quick long from here for a 40TP.

1 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow Down
Last DB Attachment N/A on 1hr charts
Fibo up or down Up
Notes: Down Trend. Confluence with 2hr chart.

Final Notes for all three charts: All 3 charts are Down Trend. No long entries until confirmed Consolidation in 2hr chart. Stay out of a long until researched in notes better. There is significant distance between ROMAR Resistance and market on all 3 charts. The Fibo is up yet market has yet to successfully reach past Purple = resistance still strong.

Market News For EUR/JPY/USA. EUR at 2000hrs in 12hrs time

Entry: Down trend all 3 charts - Shorts only.
Short: Wait till bounce off EMA resistance on 2hr closed candle
Long: Check on notes for DB & SAR entry when all 3 charts in trend. If review of paradox notes confirm an entry and opposing and despite all charts being in trend; go long if there is 40pip between market and EMA.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Daily 27-2-17.png Size: 84 KB
Click to Enlarge Name: 2hr 27-2-17.png Size: 95 KB
If you make up your own rules then the story is sad.....
  • #8,236
  • Feb 26, 2017 4:59pm Feb 26, 2017 4:59pm
Quoting OliveBranch
Hello traders. Have made many errors over the last few weeks, yet I feel making some progress. Here is my plan for today and I will submit my review after completion. Date: 27-2-17 0800 Sydney Time CHECK NEWS RELEASE BEFORE TRADING Yes / No - if No...... STOP .....do not proceed with Plan Daily: ROMAR - Resistance EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing Down Last EMA Alert Arrow Down Last DB Attachment 118.235 Fibo up or down Up Notes: Down Trend. The only thing that is suggestive of a possible short term change for a...
Is it correct to go against the long term trend in this case with a long?
  • #8,237
  • Feb 26, 2017 5:43pm Feb 26, 2017 5:43pm
Date: 2-26-17

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment - 118.225
Fibo up or down - Up

Notes: Still in a daily downtrend, new DB/SAR/Divergence attachment last weekend which could indicate ending of trend but still paying attention to the 4 Horsemen.

2 HR:
OPEN PRICE - 118.408
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment - 118.225
Fibo up or down - Up

Notes: In a downtrend, market opened with a gap and retraced a bit up, which is a good sign for a short with the 4 Horsemen all pointing down

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

Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment - N/A
Fibo up or down - Up

Notes: Purple at White for the crossing or a slider. Market at Smooth and looks like will go for EMA. Will short at that level which is also the H2 23.6 and White.

Final Notes for all three charts: In a full blown downtrend but with a retrace with the new Divergence attachment. Will look for shorts at deeper levels, longs out of the question at the moment.

Entry:
Consolidation:
Long: Would only long with the a Parabolic flip and Purple crossing Smooth on the H2. Entry from lowest support only.
Short: Will short once H1 EMA is tested. Is a good confluence level and a 40 stop should keep me safe with the H2 Smooth and EMA still within my stop.
Notes for readjustments:

Entry: Took entry at H1 EMA hit as planned.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-02-26 at 5.21.24 PM.png Size: 118 KB
  • #8,238
  • Feb 26, 2017 5:52pm Feb 26, 2017 5:52pm
Quoting Tortilla
{quote} Is it correct to go against the long term trend in this case with a long?
Hi Tortilla,

I believe you are correct - it is not a good idea at all. :-)
However with the plan I have, it allows for a change of trend until tommorrow's new plan - should the chart/s move into consolidation. & if there is consolidation we would no longer be in a trend. I can't predict the future and hopefully this makes me prepared prior to any change of trend and allow for opportunities to be taken as they are presented to us.
I hope this makes sense? Looking at what I have written on my plan for the long entry that I have posted, it was a little wishy washy - apologies for causing confusion and poor grammar.

Happy for further comments.
If you make up your own rules then the story is sad.....
  • #8,239
  • Feb 26, 2017 6:33pm Feb 26, 2017 6:33pm
Quoting OliveBranch
{quote} Hi Tortilla, I believe you are correct - it is not a good idea at all. :-) However with the plan I have, it allows for a change of trend until tommorrow's new plan - should the chart/s move into consolidation. & if there is consolidation we would no longer be in a trend. I can't predict the future and hopefully this makes me prepared prior to any change of trend and allow for opportunities to be taken as they are presented to us. I hope this makes sense? Looking at what I have written on my plan for the long entry that I have posted, it...
Trader - you are wasting your time here and the reason is because you are trading a live account. Your H2 is correct with the right demo broker but your Daily chart is your live account. That Daily chart you posted is totally wrong including the indicators, and no-where correct to trade with. This is why you are making many errors; your broker is compromising your trading. I got nothing more to say.
The Dove - Forex Trainer
  • #8,240
  • Feb 26, 2017 8:31pm Feb 26, 2017 8:31pm
Quoting dove_alliance
{quote} Trader - you are wasting your time here and the reason is because you are trading a live account. Your H2 is correct with the right demo broker but your Daily chart is your live account. That Daily chart you posted is totally wrong including the indicators, and no-where correct to trade with. This is why you are making many errors; your broker is compromising your trading. I got nothing more to say.
Thank you Dove.

Dove and traders,

I'm a little confused in that I only have the paradox demo open. There is no live account with this broker and my live account which is hosted by a different broker and is not open either. I have never used the live account to trade with using or comparing with Paradox as this is contraindicated as taught to us all. Fool if you do. Discipline or bust. Choose.

I'm using Roboforex as the broker. May i ask somebody to send through a daily so I can compare data please?

I don't understand how the 2hr is correct but the daily is incorrect. Must be due to the broker as Dove is saying but right now i have obviously been operating blind. Sorry traders.
Seeing as any data i have today is compromised, please ignore my trading plan and obviously I cannot make a suitable evaluation as I will not be entering the market today.
I'll use another broker tomorrow and load the current one up as well, compare and advise anyone of my findings if anyone is interested to ask me to.
If you make up your own rules then the story is sad.....
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