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The Paradox System

  • #8,821
  • Mar 30, 2017 6:03pm Mar 30, 2017 6:03pm
Quoting birpinar
Miau1, Post 8583 may help.
Thanks a lot for the input man, I'm studying again Match 15th scenario (somehow I missed this setup, the angle of the lines made my brain disregard it), it might be the key here.
"Know thyself."
  • #8,822
  • Mar 31, 2017 9:25am Mar 31, 2017 9:25am
Faith in the Paradox. Awesome week of learning, another small step towards the goal. Thank you Dove for the Paradox
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20170331-152113.png Size: 201 KB
Never Give Up
  • #8,823
  • Mar 31, 2017 9:57am Mar 31, 2017 9:57am
Hello Everyone

Sorry I have been so quiet this week, but had lots on. We are moving back to the UK this summer so we are having lots to sort out (removals, new schools etc). I will also be in Dana's stomping ground of the good state of Florida this summer, so had all that to arrange (doing the Disney thing before the kids get too old!). I have hired a GMC Acadia, absolutley love them so will be living the American Dream for a couple of weeks!

Just thought I would pop in and say well done to everyone, there are some really good plans been posted and clearly a lot of you are putting things together. Its really great to see.

Have a wonderful weekend!

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,824
  • Mar 31, 2017 1:11pm Mar 31, 2017 1:11pm
Quoting shinny
Hello Everyone Sorry I have been so quiet this week, but had lots on. We are moving back to the UK this summer so we are having lots to sort out (removals, new schools etc). I will also be in Dana's stomping ground of the good state of Florida this summer, so had all that to arrange (doing the Disney thing before the kids get too old!). I have hired a GMC Acadia, absolutley love them so will be living the American Dream for a couple of weeks! Just thought I would pop in and say well done to everyone, there are some really good plans been posted...
Thanks! Have a good time there!
Dreamer
  • #8,825
  • Mar 31, 2017 4:28pm Mar 31, 2017 4:28pm
Hi Everyone

Just want to make sure my trading journal is correct and conforms to all the rules of the Paradox. I'm not sure on one of the trades this week and would really appreciate clarification, it maybe I have done a lot of studying this week and my mind is playing tricks and I am trying to see a trade where there is none.

This is the session for the 28th with the new daily candle, I made my plan for Sydney open. H1 Romar was support and H2 Romar was resistance with less than 45 pips between, ranging. In this situation we wait for the breakout. As the trend is overall down, this is at resistance going short. At Sydney open candle, the paradox gave us a H2 candle breaching Romar resistance with DB, green and magenta divergence attached. The new daily candle SAR attached at the top against the Romar downtrend with EMA resistance around 10 pips above. Also for added confluence this was at the H2 0 fib. H1 horsemen were running flat at the time. I have included screenshots for easy reference.

Am I seeing this trade short at the candle opening just beneath H2 Romar resistance within the rules of the paradox, or am I wrong and trying to find a trade where there isn't. I am seeing this as the paradox telling us the breakout will be to the south. I could go on and on, but I really don't want to analyse too much. As it turns out this move in the market went for over 40 pips, but that doesn't automatically mean it is a trade that was within the rules of the paradox.

Any feedback or a nudge in the right direction would be greatly appreciated.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Daily.png Size: 168 KB
Click to Enlarge Name: H2.png Size: 209 KB
Never Give Up
  • #8,826
  • Mar 31, 2017 4:54pm Mar 31, 2017 4:54pm
Quoting shinny
Hello Everyone Sorry I have been so quiet this week, but had lots on. We are moving back to the UK this summer so we are having lots to sort out (removals, new schools etc). I will also be in Dana's stomping ground of the good state of Florida this summer, so had all that to arrange (doing the Disney thing before the kids get too old!). I have hired a GMC Acadia, absolutley love them so will be living the American Dream for a couple of weeks! Just thought I would pop in and say well done to everyone, there are some really good plans been posted...
Disney world is a lot of fun for the grown up too. I'm sure you'll feel right at home with all the up and down rides
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #8,827
  • Mar 31, 2017 5:16pm Mar 31, 2017 5:16pm
Quoting Clip75
{quote} Disney world is a lot of fun for the grown up too. I'm sure you'll feel right at home with all the up and down rides
It'll be nice to have a break from all the kids, tantrums and stomping of feet. But unfortunately I can still log on to here
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,828
  • Mar 31, 2017 5:32pm Mar 31, 2017 5:32pm
Quoting Retrogue
Hi Everyone Just want to make sure my trading journal is correct and conforms to all the rules of the Paradox. I'm not sure on one of the trades this week and would really appreciate clarification, it maybe I have done a lot of studying this week and my mind is playing tricks and I am trying to see a trade where there is none. This is the session for the 28th with the new daily candle, I made my plan for Sydney open. H1 Romar was support and H2 Romar was resistance with less than 45 pips between, ranging. In this situation we wait for the breakout....
Hello mate

I want to start and say how well your doing and big up to you for having the courage, consistently, to post your charts and your plans, etc.

Please do us all a favour, and post the full chart when you take the time to do it. It doesnt take you any more time, but it gives us all the same picture. Your one of the shining lights, ie the people that try and keep coming back after the knocks, and come back better.

I can only speak for myself, but post each chart in full, give us the whole picture as you see it, so we can see it! Otherwise, although I consider myself relatively liberal and open to new ideas, I'd like you to pay for me to go on a mind reading course.

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,829
  • Edited 7:25pm Mar 31, 2017 6:02pm | Edited 7:25pm
Quoting shinny
{quote} Hello mate I want to start and say how well your doing and big up to you for having the courage, consistently, to post your charts and your plans, etc. Please do us all a favour, and post the full chart when you take the time to do it. It doesnt take you any more time, but it gives us all the same picture. Your one of the shining lights, ie the people that try and keep coming back after the knocks, and come back better. I can only speak for myself, but post each chart in full, give us the whole picture as you see it, so we can see it! Otherwise,...
Hi Shinny,

Thank you for your kind words, it really means a lot!

I see your point completely, I have posted the full H1, H2 and daily charts, although I have had to scroll back as its a few days ago, and the fibo isn't displaying correctly on the screenshots (not sure how to get around that).

Edit: Might have found the answer in post 8286 a month ago, similar setup although the trade I'm referring too didn't have as much confluence on the daily, but did on H2.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: H1.JPG Size: 162 KB
Click to Enlarge Name: H2.JPG Size: 193 KB
Click to Enlarge Name: Daily.JPG Size: 190 KB
Never Give Up
  • #8,830
  • Mar 31, 2017 7:20pm Mar 31, 2017 7:20pm
[quote=shinny;9726866]Hello Everyone Sorry I have been so quiet this week, but had lots on. ......

No need for sorry, ... my goodness you've done so much already for everyone here.
Enjoy your trip & change of home location. Safe journey to you and your Family. Chill out & have some fun.

Oli
If you make up your own rules then the story is sad.....
  • #8,831
  • Mar 31, 2017 7:24pm Mar 31, 2017 7:24pm
Thought i'd post my plan from yesterday for the EURJPY for everyone's perusal.
Date: EURJPY 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 119.002 SB & Gold divergence white box
Fibo up or down Down
Notes: Full Down Trend. Purple touching white
POSITION TRADE = BUY?

2 HR:
OPEN PRICE - 119.461
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow Down
Last DB Attachment 119.002 with SB Divergence
Fibo up or down Up
Notes: Full Down Trend. Purple crossed white. SAR attached at EMA.

1 HR:
ROMAR - Resistance
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 Up
Notes: ROMAR Down trend consolidation.

Final Notes for all three charts: ROMAR Down Trend all charts.
Market News For EUR/JPY/USA. checked

Entry: Short off H2 PSAR or H2 ROMAR.
Notes for Re-adjustments:
Evaluation: PT SAR with a hit on Parabolic @ 2200hrs NY time. Entry was made midway between over the top of PSAR & ROMAR Resistances with a gap of approx 20pip between the two resistance indicators mentioned above. Divergence appeared on the next top candle after PT. Left the trading station. I feel this was a good trade because of the entry being with trend on both the H2 & Daily, the distance between the PSAR hit & ROMAR. TP40 made.
The 2 screenshots at plan making plus the final H2 shot is attached below.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Daily EURJPY 2017-03-31 at 7.10.31 AM.png Size: 120 KB
Click to Enlarge Name: H2 EURJPY 2017-03-31 at 7.10.46 AM.png Size: 124 KB
Click to Enlarge Name: H2 EURJPY Final 2017-04-01 at 7.33.05 AM.png Size: 130 KB
If you make up your own rules then the story is sad.....
  • #8,832
  • Mar 31, 2017 7:41pm Mar 31, 2017 7:41pm
Thank you to Shinny & others who have mentioned and suggested the book "Trading in the Zone".

By going through this text it has helped settle my Trading state of mind to a more natural & neutral state of being.
Thus, keeping me in harmony & responsible with another life’s mentor’s suggestion - "Nil excess, No shortfall".

Until this week i have not been able to achieve this level of neutrality and detachment in the Trading side of my life.
The text is also in audio book form for those whom prefer this type of information intake instead of or in conjunction with reading.

During my trades this week the level of personal agitation/emotion before & after PT has been almost eliminated. Objectivity has, i feel - been sharpened.
Perhaps giving us another "edge".

A BIG THANK YOU !!
If you make up your own rules then the story is sad.....
  • #8,833
  • Mar 31, 2017 9:27pm Mar 31, 2017 9:27pm
Nice trade Oli, Not sure if you noticed, you also had the hit on Daily Smooth!
  • #8,834
  • Apr 1, 2017 2:13am Apr 1, 2017 2:13am
Yes Hendo, I had noticed; however i did not at the time feel this was as significant importance as the ROMAR, PSAR & EMA Resistance trend on the Daily & H2 & the actions of the Daily Purple & White was actually distracting me with a little more weight in assessment of the chart & a little away from what the Smooth Resistance was telling me - if you get my drift. i PT for the trade based upon the plan & the plan was based upon the trend. Additional confluence is a good thing. Am slowly getting better at this. Hare & Tortoise.

I'll take your hint on board for application into future trades when looking at the whole picture of the scenarios from here on. Often miss snippets from the plan like that & it is very helpful for us all in increasing proficiency when more advanced traders bring things like this up. Little things when all combined can make a big difference in assessing the Big Picture.
Thanking you, Very Appreciative.

Oli
If you make up your own rules then the story is sad.....
  • #8,835
  • Apr 1, 2017 9:00am Apr 1, 2017 9:00am
Wish I could get this to work on my mt4. Anyone using it with windows 10 successfully? Got the templates up for all three charts (even thought fibs arent looking right) but indicators wont go on chart after I add them. Any help would be appreciated.
  • #8,836
  • Apr 1, 2017 9:17am Apr 1, 2017 9:17am
Quoting Ajoe1
Wish I could get this to work on my mt4. Anyone using it with windows 10 successfully? Got the templates up for all three charts (even thought fibs arent looking right) but indicators wont go on chart after I add them. Any help would be appreciated.
Fib problem maybe is related to your mt4 not receiving ticks, perhaps waiting until market opening tomorrow will fix it, the other indicators I don't know, post a picture so we can help.
"Know thyself."
  • #8,837
  • Apr 1, 2017 9:23am Apr 1, 2017 9:23am
Quoting miau1
{quote} Fib problem maybe is related to your mt4 not receiving ticks, perhaps waiting until market opening tomorrow will fix it, the other indicators I don't know, post a picture so we can help.
I opened mt4, and to "fix" the fibo when there are no ticks, you can right click and "update" the chart, should make it look like the same than it would live.

For reference, I'll upload how you should make you charts look like after updating every chart (my advice: keep your eyes opened to fine details such as bars amount, indicators used/not used, and so on):
Attached Image (click to enlarge)
Click to Enlarge Name: Reference.png Size: 408 KB


Regards.

Edit. The candle timer also won't work while market is closed, don't worry.
"Know thyself."
  • #8,838
  • Apr 1, 2017 9:24am Apr 1, 2017 9:24am
Quoting miau1
{quote} Fib problem maybe is related to your mt4 not receiving ticks, perhaps waiting until market opening tomorrow will fix it, the other indicators I don't know, post a picture so we can help.
oh ok. here is a screenshot of the indicators that when I click on them they do not attach to chart. also i just realized this is actually windows 7, not 10. so i am really confused why it isnt working.
Attached Image (click to enlarge)
Click to Enlarge Name: paradox.png Size: 189 KB
  • #8,839
  • Apr 1, 2017 9:27am Apr 1, 2017 9:27am
Quoting Ajoe1
{quote} oh ok. here is a screenshot of the indicators that when I click on them they do not attach to chart. also i just realized this is actually windows 7, not 10. so i am really confused why it isnt working. {image}
You don't need to load the indicators individually, you have to right click the chart and then choose the paradox templates according to the timeframe (You need to read the thread, it gives detailed info about how to set it all up, and there are more things wrong with your mt4 you must learn, that aren't related to the indicators themselves).

My images have hints,

Cheers.
"Know thyself."
  • #8,840
  • Apr 1, 2017 9:30am Apr 1, 2017 9:30am
Quoting miau1
{quote} I opened mt4, and to "fix" the fibo when there are no ticks, you can right click and "update" the chart, should make it look like the same than it would live. For reference, I'll upload how you should make you charts look like after updating every chart (my advice: keep your eyes opened to fine details such as bars amount, indicators used/not used, and so on): {image} Regards. Edit. The candle timer also won't work while market is closed, don't worry.
i had no "update" option when i right clicked. there was a "refresh" and after clicking it didnt change anything.
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