The Paradox System

I should've mentioned - EUR news due tin minutes, I blew away the sell-limit.

I hope a bit os self-review would be ok here. I just reviewed my plan and realized that Dana advised in early posts and I reproduce it here having found it :

"...
And the best way to trade these
swing is always know the trend. If the trend is down you trade from the top if the trend is up you
trade from the bottom. This way you never get caught in a losing trade.
.."

I guess it would be best to wait for the bottom - i.e. price hitting one of the supports and then entering long, given that all 3 charts are in uptrend ?

Been interesting today watching the system move with the bars and the divergence. Lots of screenshots taken for studying tonight. Also how the bars got away from the horsemen and to the bb then retraced back to purple. I take it this is the balance Dove talks about and how the market needs to get back in balance following news.

My plan for today is as follows.....Good trading everyone.

Date: Eur/Jpy 10-3-17 0900 Sydney Time
CHECK NEWS RELEASE BEFORE TRADING Yes
- if No...... STOP .....do not proceed with Plan
Daily:
ROMAR - Resistance
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing Up
Last EMA Alert Arrow Down
Last DB Attachment 121.870
Fibo up or down Up
Notes: Consolidated uptrend.

2 HR:
OPEN PRICE - 121.535
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing Up
Last EMA Alert Arrow Up
Last DB Attachment 121.870
Fibo up or down Down
Notes: Up Trend. DB/SAR hit at 121.870 with magenta price tag Divergence & BB hit - but no SAR detachment since DB/SAR.

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing Up
Last EMA Alert Arrow Up
Last DB Attachment N/A on 1hr charts
Fibo up or down Down
Notes: Up trend. Purple touching white. BB high touched prior to P/W touch.

Final Notes for all three charts: Daily Consolidated up trend. H2 Up trend. H1 Up trend with some possible start of consolidation with Purple/White.
Market News For EUR/JPY/USA. Red USA 15 hrs

Entry: Long: Wait for SAR detachment from DB &/or the market also hits on PSAR & holds on closed H2 candle.

Date: 10/03/17 06.16 GMT

Daily:
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: 122.334
Fibo: up

Notes: the Daily has the 4 horsemen in an up trend with the market above all ,all acting as support. ROMAR and EMA getting tighter. DB / SAR Attachment at the lower high 122.334 together with Magenta dash keeping the up trend intact. Gold and LB Div at the low green fibo 118.225. market out of balance with purple

2 HR:
OPEN PRICE – 121.535 – 122.297
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: 122.334
Fibo: down 0

Notes: the 2 hour has the four horsemen carrying on with the Uptrend with the market approx 20 from purple and hasn't looked back from open. DB/SAR attached at 0 fibo (now red) with Magenta Dash and Green Div.

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support

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

Notes: The 1 hour has the four horsemen also carrying on with the up trend.

Final Notes for all three charts: the market is still in consolidation with the Daily ROMAR and EMA spoiling the party. This may bring the market back into balance the short term. However the trend is still up until white cross Purple.
Entry:
Consolidation:
Long: off Smooth support (however Market out of balance.)so may get retrace to PSAR
Short:

NEWS: US Employment data inc NFP (No Forex Pal)

PS to be Honest I dont normally trade today NFP however it cant hurt making a plan and seeing what the outcome is.

Dear Dove,

this post is a great help for me to get a better understanding. Normally I generate a short pdf with the relevant screenshots for my internal use. Maybe it is helpful for other users, too. So I post it here.

Self Evaluation: got it wrong!! watched the drop down to smooth and said (I can get my 40 pips back up) but thought it would get to PSAR which would have taken my 40 sl should it have got there, got to EMA and thought, No wait for PSAR. Ouch. learning curve????????

also, didn't trade but watched in the expectancy of the third retrace after yesterdays divergence hit and the Divergence attach today 08.00 to go short and would have expected back down to PSAR. this didn't happen till next but one 12.00 candle. is the reason NFP or do I have it wrong?

anyway, no harm done and another screenshot frenzy for study.

thanks All, God Bless and have a good weekend.

Jakdan - your major problem is 'thinking" I think this; I think that; I think, I think, and so on. Instead of trading what the Paradox is saying you want to analyze everything by thinking about it. If you don't get rid of your analytical mind you will never get it. You have a heavy uptrend and the Paradox is showing the trend and so many opportunities in the last two days for entries on the uptrend; and you just want to analyzed every bar going up. The trend is up on both the H2 and Daily. All you needed to do was picking a bar for entry into the trend. Yesterday's 17:00 open was the perfect entry with the opening at Smooth. Another great entry was the hit on EMA with the SAR earlier today; during the NFP and back into the trend. The day before was a perfect entry for the long with 17:00 open candle at the Parabolic.

The problem with most analytical traders is not believing and having faith in the Paradox. The Paradox has not ever, not ever failed me. It speaks the truth and what it says it will do. There is nothing that Shaun, or even I, can do for any trader that wants to hang on too their baggage. We can show you the way and guide you - but we cannot force you in seeing the light. That is all up to each trader in how they want to accept the messages that are being posted.

Everyone have a great week-end.

Sorry you're correct lots of baggage.

Agreed, time to make the mistakes (probably not that many and just get on with it)

thanks for your time

100% agree with you on that post. Great foundation scenerio to add to the arsenal. That post was a real gem.

This reminds me of a parable of Jesus about the five foolish (analyzing, thinking) virgins who do not have enough oil (spirit, faith) to keep their lamps burning (stay with the truth) and so miss the bridegroom (the moment) and do not get to the marriage feast (see the light).

These five foolish virgins stand in contrast to the five wise virgins who have enough oil.

Evaluation: With a consistent up trend I was sure of the choice for going Long. Perhaps i was too rigid in plan with the insistence of having to have a SAR detachment or PSAR market hit. The market skipped along purple in trend for some way. Missed the significance of the 1700 close with open candle on smooth entry that Dove describes above - despite being there at the time. Was not online at time of SAR hit on EMA, with the continuance of the up trend. If i had of been in the moment at that time there was perhaps a chance of readjustment of my plan at that point but not a guarantee. The feeling i had during my trading session today was, yes i can see we're going up yet was unsure of a better entry than a PSAR hit. More time required in practising is noted in order to be more familiar and better with Paradox "nuances" (nuances - am wanting of a better word for my interpretation of my capabilities at the moment but got no better word for where i currently see myself in using the Paradox).
No Entry taken this session.

Creative thinking vs Analytical thinking

Analytical Thinking:
Analytical thinking depends on the ability to recall or research facts and figures that are relevant to the problem. Being able to categorize these facts, use the right ones in the right ways and think logically about the probable outcomes of various options is key to analytical problem solving. So is the ability to narrow down options, eliminating irrelevant data or unworkable choices. Analytical problem solving also calls for the ability to observe trends and tendencies and use what has happened in the past to predict probable outcomes. An example of analytical thinking involves understanding the relationship between leaves and the color green. One could ask "Why are leaves green?" and then use analytical thinking skills to tie the answer together. This kind of thinking is consider being subjective.

Creative Thinking:
Creative thinking involves the ability to see not just what is evident but also what may be the missing pieces of a solution. One common creative problem-solving technique is brainstorming, in which numerous ideas are collected before any of them are criticized or discarded. Another important skill in creative problem solving is the ability to suspend judgment and follow a train of thought imaginatively to see where it may lead. And sometimes it is helpful to lay a problem aside, allowing its elements to percolate in the subconscious mind, and return to it later to see what new solutions may emerge. This kind of thinking is consider being objective.

I consider creative thinking as Divergent thinking.

Creative production is often characterized by the divergent nature of human thought and action. Divergence is usually indicated by the ability to generate many, or more complex or complicated, ideas from one idea or from simple ideas or triggers.

The Paradox creativity are based on the eight elements below as inherent elements of creative production, as well as attributes associated with creative problem solving abilities. As you go through these eight elements keep in mind of one word: "Confluence" and add it to the end of each sentence.

Fluency The ability to generate a number of ideas so that there is an increase of possible solutions.
Flexibility The ability to produce different categories or perceptions whereby there are a variety of different ideas about the same problem or thing.
Elaboration The ability to add to, embellish, or build on an idea.
Originality The ability to create fresh, unique, unusual, totally new, or extremely different ideas.
Complexity The ability to conceptualize difficult, intricate, many layered or multifaceted ideas.
Risk-taking The willingness to be courageous, adventuresome, daring trying new things or taking risks in order to stand apart.
Imagination The ability to conceptualize on new ideas to be ingenious.
Curiosity The trait of exhibiting probing behaviors, seeking, searching, being able to look deeper into ideas, and the wanting to know more about something.

Being a creative thinker with the Paradox will take you on an endless journey of a Matrix realm. And what is a Matrix for trading:

a. "Something (as a surrounding or pervading substance or element) within which something else originates or takes form or develops.
b. "Something within or from which something else originates, develops, or takes form an atmosphere of understanding."

What is really disappointing is seeing trading plans showing a trend, and then - those trader pulls the trigger on a counter-trade against their own plan. For me - that does not make sense; unless those trader did not even consult with their plan before pulling the trigger.

A develop trading plan is the most valuable weapon you have in beating the market. On a trading plan you can visually see the trend; and seeing the trend you can develop a strategy in pulling the trigger into the trend. There is absolutely nothing to analyze with a visual. It is there; and nothing will change it from its core no-matter how much you try to analyze it. The Paradox is totally visual showing everything. Even a trend change is visual - and all you need to do is make adjustments to your plan for an entry.

The opportunity is there for each of you to bring into fruition your dreams. But anything that is worth while does not come easily. It takes hard work and dedication in bringing your dreams true. There are many traders with dreams and looking for the easy way of reaching their goal. The only problem with the easy way is it does not exist; and traders refute that fact.

For those having problems I can give you a huge suggestion. START OVER. Learn how to develop your imaginary mind and see things in your subconscious mind. The Paradox is totally and completely visual. By executing the rules of trading your subconscious mind will be able to bring forth the images of the Paradox as is. Learn not to think but only listen to what the images are saying. It will be a war to defeat this illusion of your thinking for the simple reason - you must learn to trust and believe in what the Paradox is saying.

The steps are creating a trading plan every single trading day. You execute your trading plan and matters not if you was right or wrong with your trading plan. What does matter is if you had learned something with your visual. You make one trade a day and that is it. This will give you time to study your previous trade. You develop your visual on every trade. You condition yourself in seeing the visual and not thinking about anything else. You will also condition yourself with the rules in the visuals. In other words - you do nothing but only study the visuals. Seeing is believing and in time you will be condition in seeing without thinking. Your subconscious mind will begin a development of a 180 degree turn from thinking to the visual. This is what you want. It is then your trading habits will develop a radical change from losing to winning.

Some great posts to read.

Jakdan (and others) - it is Lent, where we try and give something up. You could try giving up going short against the Daily trend!!!!

Have a wonderful weekend.

Shaun

Thank you Dove.
I would like to share a creative moment. i found this image many years ago when i was more of a youngster than i am now and coloured it in and have kept it ever since i found it. Seeing as it is a visual & is perhaps topical ... hope it may clear minds for some of us. A big thank you to the unknown artist for their use of imagination.
Let us all be sure we give up the best things for Lent.

Dear me another 40 days of getting it wrong, hope you can put up with my plans for that long

Of course I can my friend, your trying hard and your without ego, I can certainly put up with you and I'm sure Dana can too.

Dana said it so well earlier, but you just have to let yourself go, in effect, look at the visuals and put them in your plan, and don't make things hard for yourself. I don't know about you, but I prefer things to be simple, I'm average intelligence, not a scholar but I make up for my shortfalls with determination and focus. And anybody who puts the effort in here is also clearly determined and resilient, and that is what makes a regular guy a trader, and then a trader a great trader and then a great trader a master trader (like Dana).

Everything is up to you all, and Dana, who initially was only spending 2 weeks or so here, is still here 14 months later. So he does care, this certainly isn't for his ego. He wants you all to fulfil your dreams, because he is a good Christian. But like he has said (and I have said too), you've got to work hard to find the treasure. Very many of you are much, much closer than you think to finding that treasure, finding the secret of the Matrix and trading The Paradox.

I am a humble student of the Paradox, but I want to be on the path to Mastery, and the first step is mastering oneself. I have traded Futures for 12 years successfully but I can tell you that you only need stick with this and dedicate yourself and you will fulfil any and all dreams you have, you only need to apply yourself and dump the trash that we all have.

As Winston Churchill said -

"We shall go on to the end, we shall fight in France,
we shall fight on the seas and oceans,
we shall fight with growing confidence and growing strength in the air, we shall defend our Island, whatever the cost may be,
we shall fight on the beaches,
we shall fight on the landing grounds,
we shall fight in the fields and in the streets,
we shall fight in the hills;
we shall never surrender, and even if, which I do not for a moment believe, this Island or a large part of it were subjugated and starving, then our Empire beyond the seas, armed and guarded by the British Fleet, would carry on the struggle, until, in God’s good time, the New World, with all its power and might, steps forth to the rescue and the liberation of the old.”

I have that pinned up on my wall. It means to me, which is obviously different to what it meant at the time, that you have to fight, and never give up.

And the biggest battle is and will be with yourself.

Dramatic, I know, but very important, to me at least. Trading isn't for the weak hearted, but nor do you need to be a selfish moron. Be at peace with yourself, and God if you believe, and free yourself from learned behaviour both conscious and sub-conscious and you will be on the path to not only success, but Mastery, of both yourself and the Paradox.

Enjoy your weekend.

Shaun

Thank you for such kind and inspirational words! Brings hope after not the best week.

And thanks to Dana for staying with us.

Indeed many a person has found inspiration in many instances of Winston Churchill's wise choices of action and words. i guess that's what originally attracted me to the Never Give Up image posted earlier as it relates to Churchill's Never Give Up speech as it was re-told to me whilst i was in high school. Being far less than average at school, if nothing else, it aided in giving me some hope. Let's take heed and just work through all the foibles we create for ourselves.