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The Paradox System

  • #8,801
  • Mar 29, 2017 2:24pm Mar 29, 2017 2:24pm
Quoting dove_alliance
{quote} What broker are you using?
Forex.com demo.
  • #8,802
  • Mar 29, 2017 2:29pm Mar 29, 2017 2:29pm
Quoting Derek73
{quote} Forex.com demo.
Close your platform, reopen, and then repost the H2.
The Dove - Forex Trainer
  • #8,803
  • Mar 29, 2017 2:30pm Mar 29, 2017 2:30pm
Quoting dove_alliance
{quote} Check your monitor resolution and see if you have 1600 X 900. If you do then set that resolution.
Is this ok, this is 1600 x 900 ?
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  • #8,804
  • Mar 29, 2017 2:33pm Mar 29, 2017 2:33pm
Quoting Derek73
{quote} Is this ok, this is 1600 x 900 ? {image}
OK Derek - your charts are now correct. I suggest in leaving them as they are. Your questions may have a better chance of being answered.
The Dove - Forex Trainer
  • #8,805
  • Mar 29, 2017 2:34pm Mar 29, 2017 2:34pm
Quoting dove_alliance
{quote} OK Derek - your charts are now correct. I suggest in leaving them as they are. Your questions may have a better chance of being answered.
Thanks so much, really appreciate your time : )
  • #8,806
  • Mar 29, 2017 3:14pm Mar 29, 2017 3:14pm
Quoting dove_alliance
{quote} Stay out of this nigpig.
I'm sorry, just trying to help.
  • #8,807
  • Mar 29, 2017 3:49pm Mar 29, 2017 3:49pm
Hello Everyone! I have been doing more studying, so hopefully I will see things much better. Also, I would like to note that I haven't finished rereading the entire thread, so please go easy on me if my trading plan and trade is wrong. I am trying my best to be better.

EURJPY TRADING PLAN

DAILY
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Notes: Red fib is showing, with white and purple in a slider, and sliding under smooth. Purple did not cross EMA, so it's still in a downtrend. Also, SAR and DB has attached at the 119.002 level, with gold divergence.

2H
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Notes: Green fib is showing, however, the 4 horsemen are shooting down. Also note that EMA is below ROMAR, and EMA is resistance in relationship with purple. So, this is a heavy downtrend, as the primary and secondary trend are showing down. Divergence with DB (on top of SAR) is present at the level 119.002. Also, MACD and EMA is showing for the down. Green EMA arrow did not show up because the candle did not touch EMA.

1H
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Notes: Purple and white, with smooth did cross for the upside. However, EMA did not cross with purple, and parabolic is still resistance. The green EMA arrow did show because of the touch on EMA.

ENTRY: Trying my best to look at the bigger picture, I immediately noticed that the ROMAR is in-sync with all three trends, as all of the ROMARS on the 1H, 2H, and Daily are above EMA. So when ROMAR is in-sync with all three trend, then the trend is down. Therefore, the entry I made was on the 1H parabolic (resistance) for a 40/40 trade, going short.

I will post my results when the trade is closed with a self evaluation. Also, I attached the 1H chart below as well, just so you can see the hit on the parabolic.

I pray to God that this plan is better and I made all my teachers proud.
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"Cast your burden upon the Lord and He will sustain you"
  • #8,808
  • Edited 4:26pm Mar 29, 2017 4:10pm | Edited 4:26pm
# 155 Date - 29/3/2017

D1: (Purple balance: Up)
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment 119.002
Fibonacci - Down (level 61.8 seems nice to take a trade down from, smooth is near)

Notes: (No news in all the night)Although I see a SAR/DB/Divergences setup for the long, the rest seems to aim short.

H2:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment - 119.002
Fibonacci - Up

Notes: Lightskyblue divergence for the long.

H1:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance (nullified)

Check List:
Fibonacci - Up
Notes: Consolidated downtrend.



Final Notes for all three charts: I can only think about being short with all ROMARs/EMAs supporting it.

Entry:
Short: From H2 parabolic with SAR attachment around D1 smooth/61.8 fibo level, but will have to see it in the moment. Edit: forgot to mention H1 ROMAR also.

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"Know thyself."
  • #8,809
  • Mar 29, 2017 7:28pm Mar 29, 2017 7:28pm
By this stage of Algorithm evolution its irresponsible to offer predictive analysis from the one chart .. WE've all heard of the tail wagging the dog but never stopped to think how this relates to market position. At least not on this thread. Take a look at morning trading ,, its the DOW leading ALL other markets the spike at 11AM EST ( Sydney ) pushed the ASX up and as soon as the DOW stopped , the ASX slumped.. thats the tail wagging the dog .. Futures always lead a rally .. or a drop .. So it is in ForEx , a conmplex so called "regulated" currency interchange for profit. So throw away single chart analysis .. its futile. Buy the dips , sell the peaks ..but watch out for the wolf (Dow) who is still 400 points below his peak .. ready to pull up markets on damand .. in the case of ForEx u need to find the "wolves in the trees" as thats where money grows round here
  • #8,810
  • Mar 29, 2017 7:44pm Mar 29, 2017 7:44pm
Quoting talis9
By this stage of Algorithm evolution its irresponsible to offer predictive analysis from the one chart .. WE've all heard of the tail wagging the dog but never stopped to think how this relates to market position. At least not on this thread. Take a look at morning trading ,, its the DOW leading ALL other markets the spike at 11AM EST ( Sydney ) pushed the ASX up and as soon as the DOW stopped , the ASX slumped.. thats the tail wagging the dog .. Futures always lead a rally .. or a drop .. So it is in ForEx , a conmplex so called "regulated" currency...
The troll is back....
The Dove - Forex Trainer
  • #8,811
  • Mar 29, 2017 8:07pm Mar 29, 2017 8:07pm
[quote=OliveBranch;9717181]Doing again Date: Eur/Jpy 0830 Sydney Time CHECK NEWS RELEASE BEFORE TRADING Yes - if No...... STOP .....do not proceed with Plan Daily: ...........

Evaluation: PT on open candle Sydney session. May have been a little early on execution. TP hit despite a 30 pip retrace before market turn at DB Divergence higher than ROMAR resistance. The DB hit would have been a better entering moment. Trigger happy? Not sure how i can make better judgement call at this stage - we had a PSAR hit, yet unexpected for me .... followed by a hit on ROMAR. Operator inability to predict ROMAR hit yesterday. Although TP40 was hit, it occurred during equipment failures preventing platform connection. When connection re-established decision made to just close off the trade for the day for TP12. Entry/exit made on white/square arrows.
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If you make up your own rules then the story is sad.....
  • #8,812
  • Mar 29, 2017 9:02pm Mar 29, 2017 9:02pm
Quoting miau1
# 155 Date - 29/3/2017 D1: (Purple balance: Up) ROMAR - Resistance EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Down Last DB Attachment 119.002 Fibonacci - Down (level 61.8 seems nice to take a trade down from, smooth is near) Notes: (No news in all the night)Although I see a SAR/DB/Divergences setup for the long, the rest seems to aim short. H2: ROMAR - Resistance EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Down Last DB Attachment - 119.002...
Notes for readjustments and entry: Put alarm to check the charts and saw entry at H2 parabolic with SAR at D1 white and Purple (not smooth and fibo) and H1 ROMAR.
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"Know thyself."
  • #8,813
  • Mar 30, 2017 2:50am Mar 30, 2017 2:50am
Quoting miau1
{quote} Notes for readjustments and entry: Put alarm to check the charts and saw entry at H2 parabolic with SAR at D1 white and Purple (not smooth and fibo) and H1 ROMAR. {image}

Trade result: +40 pips.

Self evaluation: This time I traded in the moment and price went on my favor, reaching TP before I came back.
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"Know thyself."
  • #8,814
  • Mar 30, 2017 12:51pm Mar 30, 2017 12:51pm
Quoting tullegate
Hello Everyone! I have been doing more studying, so hopefully I will see things much better. Also, I would like to note that I haven't finished rereading the entire thread, so please go easy on me if my trading plan and trade is wrong. I am trying my best to be better. EURJPY TRADING PLAN DAILY ROMAR - Resistance EMA - Resistance PSAR - Resistance Notes: Red fib is showing, with white and purple in a slider, and sliding under smooth. Purple did not cross EMA, so it's still in a downtrend. Also, SAR and DB has attached at the 119.002 level, with...
My trade closed, and 40+ pips was gained. Although it was a successful 40+ pip trade, I wish I was more patient and entered when the SAR attached to the parabolic on the 2H. But, I don't think it was a bad trade by entering on the 1H parabolic.

The interesting thing I found though is that the SAR/Parabolic attachment was also where the price touched ROMAR on the 1H, so that's great confluence (I hope I interpreted this correctly), and a great way to trade in the moment before the market even know it was going to go down (I hope I interpreted this correctly as well).

I hope I made my teachers proud.
"Cast your burden upon the Lord and He will sustain you"
  • #8,815
  • Mar 30, 2017 2:48pm Mar 30, 2017 2:48pm
Quoting tullegate
{quote} My trade closed, and 40+ pips was gained. Although it was a successful 40+ pip trade, I wish I was more patient and entered when the SAR attached to the parabolic on the 2H. But, I don't think it was a bad trade by entering on the 1H parabolic. The interesting thing I found though is that the SAR/Parabolic attachment was also where the price touched ROMAR on the 1H, so that's great confluence (I hope I interpreted this correctly), and a great way to trade in the moment before the market even know it was going to go down (I hope I interpreted...
All I can do is try to influence traders to disregard the H1 as an entry chart. The H1 is not repetitious for any entry. If you use the H1 as confluence instead of entry you will find your entries with the H2 are right on target. I have said time and time again - the H1 is not a trading chart.

The edge is what you need to be looking for and with your thinking the answer is no - the entry off the H1 WAS a bad trade. The reason is because on the next bar of the H1 the Parabolic flip and the 4 horsemen were in the uptrend. The only thing that had saved you was CONFLUENCE with the H2 Parabolic and SAR. If you had traded the H2 waiting on confluence would had taken you into the right trade. Bottom line - Trading the H1 is a risk.
The Dove - Forex Trainer
  • #8,816
  • Mar 30, 2017 2:51pm Mar 30, 2017 2:51pm
Quoting dove_alliance
{quote} All I can do is try to influence traders to disregard the H1 as an entry chart. The H1 is not repetitious for any entry. If you use the H1 as confluence instead of entry you will find your entries with the H2 are right on target. I have said time and time again - the H1 is not a trading chart. The edge is what you need to be looking for and with your thinking the answer is no - the entry off the H1 WAS a bad trade. The reason is because on the next bar of the H1 the Parabolic flip and the 4 horsemen were in the uptrend. The only thing that...
Just to clarify, to have made this a good trade, I would have entered on the open of the next candle on the 2H, when the SAR attached at the Parabolic, and used the 1H as confluence, which was the candle touching ROMAR resistance (on the 1H)?
"Cast your burden upon the Lord and He will sustain you"
  • #8,817
  • Mar 30, 2017 3:03pm Mar 30, 2017 3:03pm
Quoting tullegate
{quote} Just to clarify, to have made this a good trade, I would have entered on the open of the next candle on the 2H, when the SAR attached at the Parabolic, and used the 1H as confluence, which was the candle touching ROMAR resistance (on the 1H)?
The H2 Parabolic WITH the SAR was confluence in itself. The Hit on the H1 ROMAR was verification.
The Dove - Forex Trainer
  • #8,818
  • Mar 30, 2017 3:07pm Mar 30, 2017 3:07pm
Quoting dove_alliance
{quote} The H2 Parabolic WITH the SAR was confluence in itself. The Hit on the H1 ROMAR was verification.
Sorry, "verification" was the word I was looking for

Thank you for your help Dana. I hope to make slow daily improvements and make you proud as an amazing teacher.
"Cast your burden upon the Lord and He will sustain you"
  • #8,819
  • Mar 30, 2017 4:58pm Mar 30, 2017 4:58pm
No trading plan for me tonight, I'm watching H2 closely and taking pictures, because I want to learn what's happening with DB/SAR, as right now I'm confused about it (not the mindset I consider appropiate to create a trading plan).

My theory:
Price will reach certain point up (maybe parabolic in H2, near D1 Purple/White and H1 ROMAR), without SAR attaching (that's what's grinding my gears the most) then market will shoot down, lower than the 119.002 point, making DB join from the 120.430 point (along with maybe both LightSky and golden divergences appearing). I am really curious about what is going to happen and any input will be greatly appreciated.

Attached Image (click to enlarge)
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Cheers.
"Know thyself."
  • #8,820
  • Mar 30, 2017 5:40pm Mar 30, 2017 5:40pm
Miau1,
Post 8583 may help.
There are no weapons that will form against my financial prosperity.
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