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The Paradox System

  • #8,901
  • Apr 4, 2017 10:52am Apr 4, 2017 10:52am
Quoting miau1
Date - 3/4/2017 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 118.117 Fibonacci - Down Notes: Golden and lightsky divergences. (No big news until tomorrow afternoon). Trend down with all horsemen. H2: ROMAR - Resistance EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Down Last DB Attachment 118.117 with green fibo price box. Fibonacci Down Notes: Golden and lightsky divergences....
Entry:

Short: Entry from PSAR with SAR attached.

Attached Image (click to enlarge)
Click to Enlarge Name: Entry.png Size: 129 KB
"Know thyself."
  • #8,902
  • Apr 4, 2017 10:59am Apr 4, 2017 10:59am
Quoting jakdan
{quote} Chris I like the no logic comment in the other chart, just about sums me up at the moment.
Lol, ya the strong buy text doesn't show up and the ma lines don't show on these charts but they do update live. You have to reference the 1 hour for that. Like I said entertainment purposes only. Forex.com is much more logical.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #8,903
  • Apr 4, 2017 11:14am Apr 4, 2017 11:14am
Quoting Clip75
{quote} Here's how to change your bars to match forex.com if your broker time is different. Entertainment purposes only!! The reason your sar is missing is because your two hour is starting at a 1 hour offset from forex.com. There is an indicator called P4L PeriodCon 509.ex4 . It's just a normal period converter but your are able to shift when your two hour candle starts. Add this two your 1 hour with multiplier by 2. On the shift option for bars just enter the value -1. Then open the offline chart EJpro-1H,H2(offline). It will have a slightly different...
Thanks Clip for taking the time to respond, you are obviously far brighter than me..! I should have done the forex.com thing ages ago, but what I was using seemed ok, that was until the daylight settings changed.

What I did earlier was create a new virtual drive in my mac, downloaded a fresh copy of mt4 with a forex.com account. I ring-fenced all of my old stuff and put it behind me (like a fresh chapter in a new book ). The new install is fast as hell without my old experimental baggage in there. And y'know, if I'm feeling nostalgic I can go back and look at my moving averages, rsi and 5/8 crosses on my other copy of mt4 in the other virtual drive.

Onwards...
'in less than half an hour he made over 100 ticks'
  • #8,904
  • Apr 4, 2017 12:19pm Apr 4, 2017 12:19pm
one for the books, i cant even cash out on a winner.
went short off purple just after 6 not a great entry but with trend.
snap off phone later showing below tp
and snap showing price tp and sl
never more than 2.3 spread allday
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 0404 short offP down trend.PNG Size: 69 KB
Click to Enlarge Name: 0404 tp.PNG Size: 74 KB
Click to Enlarge Name: IMG_1978.PNG Size: 210 KB
Stop killing our Oceans, Stop using single use plastics.
  • #8,905
  • Apr 4, 2017 1:02pm Apr 4, 2017 1:02pm
Hi Everyone,

Sorry for the late posting, and only just got home from work

Last nights plan

Date: 03-04-2017 Sydney Session 21:40 GMT

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing - down
Last EMA Alert Arrow - down
Last DB Attachment Low 118.117
Fibo down

Notes: Downtrend. Four horsemen down. DB, SAR, LSB and Gold divergence attached below 100 Fib.

2 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing - down
Last EMA Alert Arrow - down
Last DB Attachment Low 118.117
Fibo up

Notes: Downtrend. Four horsemen down. DB, SAR, LSB and Gold divergence attached at 0 Fib with lime price tag.

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

Check List:
Last MACD 0 crossing - down
Last EMA Alert Arrow - down
Fibo up

Notes: Downtrend. Four horsemen down.


Final Notes for all three charts: All three charts in sync with downtrend. Trade will be short off resistance.

Entry:

Short: Will short off resistance.

Took the short mid candle right on the parabolic/ sar hit


However, I will admit to this. I did originally plan to short last night at the new daily candle. The H2 candle opened right below white and touched white. As all three charts were in full downtrend and I was in the moment. The new daily candle opened right on the 0 fib for added confluence? However, I bottled it given my previous plan was a disaster and my confidence took a nose dive yesterday. Anyway that is the past and my trade is still on the market now.
Attached Image (click to enlarge)
Click to Enlarge Name: H2 Entry.jpg Size: 115 KB
Never Give Up
  • #8,906
  • Apr 4, 2017 1:36pm Apr 4, 2017 1:36pm
Not for me this time, did a SAR of PSAR long last week if I recall? with a red arrow and MACD cross and the next thing the DB attached and it went south.

just my humble opinion, which by the way is totally messed up. I need a week off.
looking through notes and snaps now as I'm not quite sure.
Stop killing our Oceans, Stop using single use plastics.
  • #8,907
  • Edited 2:18pm Apr 4, 2017 1:43pm | Edited 2:18pm
Quoting Therapsid
{quote} I'm going to try this again. I'm going crazy listening to my custom sound.wav playing at the open of every two hour bar. Far from helping to alert me to EMA arrows the repetitive playing of my 30 second wav is distracting and annoying me (I'm surprised no one else has raised this issue). In my struggle to be the best trader I can be I'm afraid I'm about to give up on this and revert to my default sound wav. If anyone knows of a solution to this I suspect many of us would benefit from it. Much appreciative of all the expertise shared on this...
You have your coral arrows installed I beleive. In trends, it gives signal at (almost) every open bars. If you delete it(or set its alarm off), the case should be solved.
There are no weapons that will form against my financial prosperity.
  • #8,908
  • Apr 4, 2017 2:59pm Apr 4, 2017 2:59pm
Quoting onejester
{quote} Thanks Clip for taking the time to respond, you are obviously far brighter than me..! I should have done the forex.com thing ages ago, but what I was using seemed ok, that was until the daylight settings changed. What I did earlier was create a new virtual drive in my mac, downloaded a fresh copy of mt4 with a forex.com account. I ring-fenced all of my old stuff and put it behind me (like a fresh chapter in a new book ). The new install is fast as hell without my old experimental baggage in there. And y'know, if I'm feeling nostalgic...
I have deleted my instructions on how to offset your candles to not cause any confusion to the group. Forex.com is the broker you need for this system.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #8,909
  • Apr 4, 2017 4:54pm Apr 4, 2017 4:54pm
& Again...

Date: Eur/Jpy 0700 Sydney Time
CHECK NEWS RELEASE BEFORE TRADING Yes
- 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 117.417
Fibo up or down Up
Notes: Full Down Trend. Current candle is re-balancing with Purple
2 HR:
OPEN PRICE - 118.137
ROMAR - Resistance
EMA - Resistance
PSAR - Support
Check List:
Last MACD 0 crossing Up
Last EMA Alert Arrow Up
Last DB Attachment 117.417
Fibo up or down Up
Notes: Consolidated Down ROMAR Trend. Purple crossing of white & Smooth & white touching smooth. Recent SAR hit on H2 PSAR
1 HR:
ROMAR - Resistance
EMA - Resistance
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: Full Down Trend on Daily. Consolidated ROMAR Down Trend on H2 & H1
Market News For EUR/JPY/USA. USA in 15hrs
Final Notes: Daily Full Down Trend. Consolidated ROMAR Down H2 & H1 Trend. Although Daily Purple is re-balancing there is only 50pip in it. No crossing of H2 EMA & Purple as yet.
Entry: Short off H2 Fibo 50% or H2 ROMAR or H2 PSAR flip.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Daily EURJPY 2017-04-05 at 7.36.30 am.png Size: 128 KB
Click to Enlarge Name: H2 EURJPY 2017-04-05 at 7.36.55 am.png Size: 130 KB
If you make up your own rules then the story is sad.....
  • #8,910
  • Apr 4, 2017 5:30pm Apr 4, 2017 5:30pm
Screenshot and studying situation at the moment. I thought I was entering at the top of resistance back into the downtrend. I missed the daily fibo flip to green before I placed my trade, should have been on my notes for readjustment. H2 horsemen are now in a slider as EMA didn't cross purple on the next candle after the smooth crossing. H2 DB and magenta divergence have now appeared which will run with the swing and parabolic upwards. If the market pulls back enough to find resistance on the daily purple, as long as it is on the new daily candle and the move doesn't happen in the next hour or so, the 40 stop should cover my short trade. Most probably am completely wrong though! I have faith in the Paradox, but still early days with my knowledge. Going to let my trade run as per the rules and see what happens.
Never Give Up
  • #8,911
  • Apr 4, 2017 5:54pm Apr 4, 2017 5:54pm
Just a quick check please. If this has been discussed previously it's my memory lag & please just tell me to go read.

Regarding what's happening right now on the H2. We often refer to a hit on the parabolic in confluence with the trend as an entry.
Today we see the hit on the parabolic.
I have noticed that the EMA arrow immediately followed with a MACD arrow the very next candle is seemingly opposing what the hit on the PSAR indicates. I do recall some mention in the past about a EMA & then following with a MACD arrow in the thread as a means of entry but do not recall this as being relative to a PSAR hit nor opposing such a hit.

My question is: is this contradiction i have in my mind the reason why we now see a DB after having previously had a SAR short of the PSAR a few hours ago?
Or am i just trying to make things up just because i haven't recognised this scenario in the past?
If you make up your own rules then the story is sad.....
  • #8,912
  • Edited 6:52pm Apr 4, 2017 6:41pm | Edited 6:52pm
[quote=OliveBranch;9736616]Just a quick check please. ........

I have just read post 3179.

I feel this pretty much clears up my question. Shows why we didn't TP yet today where we all could have already by now.
Seniors - Thank you for your patience with us.

It's reminds me of a very wise Oracle type of woman that has told me before.....once or twice....maybe more "Open your eyes & close your mouth"

The wise woman is my wife
If you make up your own rules then the story is sad.....
  • #8,913
  • Apr 5, 2017 1:12am Apr 5, 2017 1:12am
Date: 05/04/17 06.22 GMT

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: 117.417 with SAR
Fibo: Up

Notes: The Daily has the 4 horsemen in a down trend. DB and LSB attached also Gold Div. Fibo flipped green! Daily back in Balance.

2 HR:
OPEN PRICE 118.447 118.138
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up (flashing)
Last DB Attachment: 118.447with SAR
Fibo: Up

Notes: The 2 hour has the four horsemen heading North against the ROMAR trend. A new DB with SAR tag and Magenta formed new L/H. DB with LSB and Gold attached confirming the end of trend? Lime tag adjusted lower again @ 117.417 still 0 Green fib,

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

Check List:
Last MACD 0 crossing: Up But close to 0 for down
Last EMA Alert Arrow: Down
Last DB Attachment: N/A
Fibo: Up

Notes: The 1 hour has the four horsemen starting to head South with back into the down trend

Final Notes for all three charts: The ROMAR trend is still down on all 3 charts with the 2H in consolidation. Red arrow flashing on the 2H. DB/SAR tag was also 1H ROMAR resistance. Magenta tag? change in 8 hrs???
Entry:
Consolidation: still a bit confused with the new DB so Watching both ways Red arrow for short back into the trend, could be long off Support SAR/PSAR?
Long:
Short:

NEWS: US ADP 1.30 GMT. ISM and Oil 3.00 GMT and FOMC @ 7.00 GMT
Stop killing our Oceans, Stop using single use plastics.
  • #8,914
  • Apr 5, 2017 2:54am Apr 5, 2017 2:54am
[quote=OliveBranch;9736659]
Quoting OliveBranch
Just a quick check please. ........ I have just read post 3179. I feel this pretty much clears up my question. Shows why we didn't TP yet today where we all could have already by now. Seniors - Thank you for your patience with us. It's reminds me of a very wise Oracle type of woman that has told me before.....once or twice....maybe more "Open your eyes & close your mouth" The wise woman is my wife
Thank you for this. I had that lesson saved as a pdf by Dove, it didnt sink in when I read it before. Now I entered wrong in demo it should burn into my memory. Confirms my initial thought the trade in that session was a short in the full downtrend earlier. Definately understand why this is a 6-12 month learning time to get all these scenarios burnt into your memory. Ive also bought the Trading in the Zone book from Amazon, should arrive today!
Never Give Up
  • #8,915
  • Apr 5, 2017 7:13am Apr 5, 2017 7:13am
Quoting miau1
{quote} Entry: Short: Entry from PSAR with SAR attached. {image}
Trade result: -27 pips.

Self-evaluation: Closed 5 min before news as per the rules. Didn’t want to keep it opened because no matter what the price does after the news -even if it gets +40 I won't learn from that, because it might make me look at it as less of a loss-, I will still consider it a loss because went around 34pips against me already. DB attached and PSAR flipped, only H1 ROMAR seemed to stop the climbing.

Attached Image (click to enlarge)
Click to Enlarge Name: 8b.png Size: 410 KB
"Know thyself."
  • #8,916
  • Apr 5, 2017 7:16am Apr 5, 2017 7:16am
[quote=Retrogue;9737335][quote=OliveBranch;9736659]{quote} Thank you for this....

No Probs Retrogue. As attached the blue arrows I have placed seem to fit the profile of what I've been reading as a trade-able entry with an open above EMA with Purple Crossed Smooth and the EMA Arrow & The MACD Arrow indicators as well. There is the mandatory TP40 in there in this instance. Have noted this is also against the H2 ROMAR Down Trend & the Daily Down Trend, which makes me question some of the validity in my assessment such as the taking on board possibly any extra & unnecessary risk if a Long trade was done in the assessment of this particular scenario today.

If it's a repeatable pattern then we've learned something new. If it's not repeatable, then i'm making it up as utter fiction & will be DEMO punished soon enough. Am happy to try it on and see if it fits the bill next time when I'm there to see it. How about you?
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-04-05 at 10.01.17 pm.png Size: 137 KB
If you make up your own rules then the story is sad.....
  • #8,917
  • Apr 5, 2017 7:22am Apr 5, 2017 7:22am
Hello there, I've been preparing a question about my loss meanwhile (by the way, would have hit the SL with the news, just saw it), and took a couple of pictures to help explaining the scenarios:

Scenario 1: Hendo's latest short operation (hope you don't mind using it as example of a proper entry!), got in TP with price never going against him:
Attached Image (click to enlarge)
Click to Enlarge Name: Proper entry 1a.png Size: 184 KB



Scenario 2: My latest entry, was a straight-up SL with a little movement on my favor before that:
Attached Image (click to enlarge)
Click to Enlarge Name: Bad Entry 8a.png Size: 169 KB



I've been looking at both scenarios to try and learn what did I do wrong, and had a few ideas, ordered from what I consider lower to higher probability of interefing on the operation:

-SAR angles different, Hendo's example has a less sharp climbing angle.

-Different DB/SAR setup from the previous high.

-MACD arrow against my operation in the moment I took it (almost end-candle), even if then it dissapeared and came back one candle later.

-Hendo's operation is from purple D1 resistance with a perfectly balanced market, my operation was against purple D1 balance.


Any insight would be greatly appreciated, as I'm trying to filter the good from the bad and mastering this scenario one step at a time.

Cheers!
"Know thyself."
  • #8,918
  • Apr 5, 2017 7:42am Apr 5, 2017 7:42am
Quoting miau1
Hello there, I've been preparing a question about my loss meanwhile (by the way, would have hit the SL with the news, just saw it), and took a couple of pictures to help explaining the scenarios: Scenario 1: Hendo's latest short operation (hope you don't mind using it as example of a proper entry!), got in TP with price never going against him: {image} Scenario 2: My latest entry, was a straight-up SL with a little movement on my favor before that: {image} I've been looking at both scenarios to try and learn what did I do wrong, and had a few ideas,...
Hi Miau1,

If you check Olivebranch post there is the post number from Dove showing this sceanario. It is not the same setup as the short by Hendo earlier. We had entered at retrace to 0 fib and daily fib flipped up aswell. Now H2 has taken off with the parabolic setting the trend and db running with it.
Never Give Up
  • #8,919
  • Apr 5, 2017 7:42am Apr 5, 2017 7:42am
Miau1, I would add the time of day and the market volume. The daily low hit zoomed up to the PSAR in 4 hours so had a lot of momentum and carried on. Just a suggestion.
  • #8,920
  • Apr 5, 2017 8:03am Apr 5, 2017 8:03am
Quoting Retrogue
{quote} Hi Miau1, If you check Olivebranch post there is the post number from Dove showing this sceanario. It is not the same setup as the short by Hendo earlier. We had entered at retrace to 0 fib and daily fib flipped up aswell. Now H2 has taken off with the parabolic setting the trend and db running with it.
Quoting nigpig
Miau1, I would add the time of day and the market volume. The daily low hit zoomed up to the PSAR in 4 hours so had a lot of momentum and carried on. Just a suggestion.
Thank you guys,

Retrogue, in the moment when I created the trading plan fibo was red so I guess I might need to make notes for readjustments before every entry that's in a different H2 candle than my trading plan, I'm considering it (trading plans must be relevant to the time we trade).

Nigpig, yes, exactly that, the momentum is what made me think about the SAR angle/slope, but I'm honestly not sure and would like confirmation on this.
"Know thyself."
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