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The Paradox System

  • #8,961
  • Apr 11, 2017 9:43am Apr 11, 2017 9:43am
Hello Fellow Traders,

Have not seen many trade plans with entries lately, so I thought I would post mine from last night, taken again from my laptop away from my trade station at about 3:00 am my time.


Session Sydney: EUR - JPY 4/10/2017

Daily: Open above White.
ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Notes: Four Horsemen down. Purple turning up. DB / SAR / YELLOW / BLUE /DIVERGENCE attach for the up. FIBO up.

H2
ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Notes: Four Horsemen down. DB down, with BLUE/ DIVERGENCE attached. Trend EMA arrow down. MACD zero cross arrow down. FIBO up.

H1
ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Notes: Four Horsemen down. MACD zero cross arrow down. MA crossover arrow down. Trend EMA arrow down. FIBO down.

FINAL NOTES: H1, H2, Daily in sync with down trend. Will enter short position off H2 resistance. Looking for SAR hit down to reenter down trend.

Adjustment:

Short: Entered short position off H2 SAR hit below PSAR. Set TP +40 SL 40.

Result: Took +40 pips from the market.

Hope this helps,

Best Regards,

Chad
Attached Image (click to enlarge)
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Attached Image
  • #8,962
  • Apr 11, 2017 10:48am Apr 11, 2017 10:48am
Thanks Chad, I watched this live on my chart but I waited for Parabolic hit which did not happen.
  • #8,963
  • Apr 11, 2017 10:49am Apr 11, 2017 10:49am
Chad

Trade plan on another computer so cant post at the minute (also trying to stop feeding a troll) so the best thing for me is do it on a morning as always and continue to learn.
please find three screen shots (cant find fourth) as I am trying to trade in the moment and not sure to pull trigger so I pulled it 4 times today to try and find out what was correct? I took shots of the 2hr and the 1hr for training purposes only, to see if I could try and figure it out.

never sure to go off Purple, white, Smooth, EMA or wait for the SAR.

Today they all came in but 3 of them were too early. any clues as to what to look for will be appreciated. (believe me I am trying)

PS. this is not an EGO thing, because I have sometimes got trades wrong trying this!!!!!!!!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: short off P full DT on 3 1104.PNG Size: 73 KB
Click to Enlarge Name: short off S full DT on 3 1104.PNG Size: 80 KB
Click to Enlarge Name: short off EMA full DT on 3 1104.PNG Size: 104 KB
Stop killing our Oceans, Stop using single use plastics.
  • #8,964
  • Edited 12:53pm Apr 11, 2017 11:19am | Edited 12:53pm
I have not been authorized to critique trades, especially without a posted trade plan. However, I will explain my motivation for when I pulled the trigger to enter my position. I was considering the first entry Jackdan took, at Purple which was during high impact USD news. I was expecting a bigger move up to EMA or the PSAR, since I like to enter as high as possible for a short obviously.

I've learned to be patient with the paradox as another entry would present itself. I also hesitated for a moment on my entry expecting a hit off the PSAR. I decided in the moment that it was close enough to the PSAR (about 9 pips). As it turned out, my entry was only about 5 pips from the top of the SAR hit. This is what the 40 SL is for, and DANA has stated many times, if you trade with the trend you should never hit your SL.

Best Regards,

Chad

(Edit)

Just noticed I was first referring to the 20:00 candle before Sydney open on retrace to Purple, not on Jakdan's screen shots!
  • #8,965
  • Apr 11, 2017 4:38pm Apr 11, 2017 4:38pm
Thanks guys for your input above. i've noticed a decrease in plan postings to. Thought this was due to extracurricular world news but thought i'd demo anyway.

The trade i took yesterday as follows:-

Date: Eur/Jpy 0850 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 117.269
Fibo up or down Up
Notes: Full Down Trend. Market at DB after touching Smooth resistance.
2 HR:
OPEN PRICE - 117.507
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow Down
Last DB Attachment 117.269
Fibo up or down Up
Notes: Full Down Trend. Trade going 8 hrs ago. Wait for retrace to Smooth with a SAR or PSAR with a SAR
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 Down
Notes: 100% Red Fibo reached. Swapped to Green Fibo at 0900hrs.
Market News For EUR/JPY/USA. Nil all Day.
Final Notes: Short on retrace to H2 PSAR (= H1 ROMAR) with SAR Attachment
Entry: PT 2220hrs Sydney Time. PT when SAR just under PSAR with a Down EMA alert.
Evaluation: Some hesitation as SAR hadn’t quite reached PSAR but then remembered Hendo’s previous lesson from a week or two ago so PT on following candle before market moves 20 as per rule. TP40
Apart from hesitation i feel this was a good trade.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Daily EURJPY 2017-04-11 at 9.04.29 am.png Size: 125 KB
Click to Enlarge Name: H2 EURJPY 2017-04-11 at 9.04.40 am.png Size: 137 KB
Click to Enlarge Name: H2 EURJPY Final 2017-04-12 at 7.27.24 am.png Size: 127 KB
If you make up your own rules then the story is sad.....
  • #8,966
  • Apr 11, 2017 5:09pm Apr 11, 2017 5:09pm
Quoting OliveBranch
Thanks guys for your input above. i've noticed a decrease in plan postings to. Thought this was due to extracurricular world news but thought i'd demo anyway. The trade i took yesterday as follows:- Date: Eur/Jpy 0850 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 117.269 Fibo up or down Up Notes: Full Down Trend. Market at DB after touching Smooth resistance....
This trade is bogus - the trading plan was not posted before the entry.
The Dove - Forex Trainer
  • #8,967
  • Apr 11, 2017 5:30pm Apr 11, 2017 5:30pm
Humour.
I was deleting the markers from my chart after evaluating & posting yesterday's plan & accidentally removed some other indicators from the chart. So i thought i'd close down mt4 & restart it. Then came back to the trading station & looking at the chart i could see that there were still something not quite right here. Then i noticed the EMA was gone. So i reloaded the template & al la presto the EMA came back plus a few other things i had not noticed. So i guess the image posted by Kubiasty (post 1907) ages ago is no longer true for me and things are starting to look clearer & more in focus to me.

i think this is absolutely hands down THE funniest thing ever to be seen on any trading thread. I laughed so much at the time, because whilst studying for weeks and weeks before ever posting, all i could see was the bottom image. So after picking myself up off the floor I had it laminated, glossy printed & is pinned to my trading wall immediately next to Dove's very funny post 3976 which also taught me a very valuable lesson because i was huge stupid - now my ego say i'm only tiny stupid.
Thanks Kubiasty for this image and your humour. I hope you don't mind my re-posting it here for artistic effect
Attached Image
If you make up your own rules then the story is sad.....
  • #8,968
  • Edited 5:53pm Apr 11, 2017 5:35pm | Edited 5:53pm
Quoting dove_alliance
{quote} This trade is bogus - the trading plan was not posted before the entry.
ok, sorry Dove. I was thinking more along the lines of being sensitive for what's going on in the news so didn't post the plan. Wasn't sure how such news events would affect this weeks plans either. Will not happen again.
Attached Image (click to enlarge)
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If you make up your own rules then the story is sad.....
  • #8,969
  • Apr 11, 2017 5:52pm Apr 11, 2017 5:52pm
Date: Eur/Jpy 0840 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 116.135
Fibo up or down Up
Notes: Full Down Trend. SB + Gold Diverg with SAR & DB seperate attachment
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 116.135
Fibo up or down Up
Notes: Full Down Trend. SB + Gold Diverg green tag. SAR & DB attached.
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: Full Down Trend
Market News For EUR/JPY/USA. in 15 hrs
Final Notes: Full Down Trend with Daily & H2 SB + Gold Diverg.
Entry: Short of H2 PSAR or H2 ROMAR/Daily Smooth
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Daily EURJPY 2017-04-12 at 8.50.19 am.png Size: 127 KB
Click to Enlarge Name: H2 EURJPY 2017-04-12 at 8.50.36 am.png Size: 126 KB
If you make up your own rules then the story is sad.....
  • #8,970
  • Apr 11, 2017 9:06pm Apr 11, 2017 9:06pm
this is my result yesterday（i can not post yesterday and i dont know why）

Trade end +40 pips

Evaluation : due to yesterday i miss the entry in the morning , so i become a little anxiety.
i want to entry several times but finally i wait till sar attached which means the up swing
is end and the price is very close to the daily open in the moment , so i pull the trigger.
patient is very importance , i must be calm and wait for the best entry every time.
Attached Image (click to enlarge)
Click to Enlarge Name: ~4IAWJV}3%C$DOL19OKK132.png Size: 4 KB
  • #8,971
  • Apr 11, 2017 9:46pm Apr 11, 2017 9:46pm
Date: 2017/4/12(Sydney open)
Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing down
Last EMA Alert Arrow down
Last DB Attachment 116.135
Fibo up or down up
Notes: Daily still still full downtrend
2 HR:
OPEN PRICE – 116.323
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing down
Last EMA Alert Arrow down
Last DB Attachment 116.135
Fibo up or down up
Notes: The 2 hours chart is in full downtrend with 4horesmen pointing down
1 HR:
ROMAR - Resistance
EMA - resistenence
PSAR - resistenence
Notes: the candle open beyond purple and white, but the chart is still show no consolidation and it is downtrend.
Final Notes for all three charts: all three chart is still sync in full downtrend but daily is also faraway from support.
Entry:
Consolidation:
Long:
Short: in this situation, I must be patience wait till h2 off resistance and got sar attached before pull trigger, I think today maybe same as yesterday
  • #8,972
  • Apr 12, 2017 12:50am Apr 12, 2017 12:50am
New Plan,
being going about it quietly but need a few answers so back to showing plans so to keep my end of the bargain.

Date: 12/04/17 06.28 GMT

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: 115.919 with SAR thistle tag
Fibo: Up

Notes: The Daily has the 4 horsemen in a down trend. DB and LSB attached also Gold Div. Fibo flipped green! Daily out of Balance. Lime tag 116.135

2 HR:
OPEN PRICE 116.205 – 116.041
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: 115.919 with SAR Lime tag
Fibo: Up

Notes: The 2 hour has the four horsemen heading South with the ROMAR trend. DB with LSB and Gold attached confirming the end of trend? Lime tag adjusted lower again @ 115.919 still 0 Green fib,

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

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

Notes: The 1 hour has the four horsemen running flat to South in a slider back into the down trend

Final Notes for all three charts: The ROMAR trend is still down on all 3 charts not even thinking of Long. Daily is out of Balance !! THE DOWN TREND CONTINUES
Entry:
Consolidation:
Long:
Short: in the Moment!!!

NEWS: Not Currency linked but CARNEY speaking 9.00 am GMT.
TRUMP speaking 11.00 am. Oil Inv 3.30 pm GMT
Stop killing our Oceans, Stop using single use plastics.
  • #8,973
  • Apr 12, 2017 5:20pm Apr 12, 2017 5:20pm
I think this forum is poisonous and deserves to die, a slow lingering death due to abandonment and contempt for the creator. The last few followers who are still involved, good luck. Your time may be limited. Why would anyone want to contribute with a risk of being banned for saying the wrong words or post something that stimulates discussion and then results in them being banned as its not what is wanted. Not a question but a very obvious observation and deficiency of there motives. The paradox is clearly that. A paradox indeed, but not the paradox that the creator had imagined.
  • #8,974
  • Apr 12, 2017 5:24pm Apr 12, 2017 5:24pm
Did anyone make an entry today, I didn't see a setup? Looks like ranging now so waiting on the breakout. I was looking for h2 ema to cross purple up in sync with h1 as long as the parabolic stayed down tied in with the sar swing up earlier today for a trade up to Romar/ daily purple or white. Still learning everday so could be completely wrong!
Never Give Up
  • #8,975
  • Apr 12, 2017 6:19pm Apr 12, 2017 6:19pm
[quote=Retrogue;9759361]Did anyone make an entry today, I didn't see a setup? ......

Hi Retrogue,
After my lesson learned thinking i was contributing in a positive way, but not really - have you posted a plan 1st?
Keeps things simple, focused & with everyone showing their own indisputable integrity of:- if they be seeing or not be seeing the future so we can all learn from and share the mistakes we make as well as the successes achieved and also shared - of which i dare to say, the goal for us all here i think is to learn effectively.
This methodology seems to fit quite well with education/teaching models we all may all be familiar with in our day to day living. For example - How to do you teach someone to throw a ball? Knowing the theory is not enough. Practise (the verb) (not practice the noun) is key. Doing is the key - it does not matter if right or wrong as long as we still be learn. Make same mistake over and over means we still have not learned the lesson. This is why i have post 3976 pinned to my wall - i was repeating same mistakes over & over. Must learn - post 3976 was a bestest lesson for me & i laugh at myself for the obviousness of it & my taking so long to get that lesson - Dove should not have to shove my face right into such lesson but sometimes teachers have to do drastic measures when student has blinkers on. When learn lesson then can move to next lesson/level - follow pattern of learn - next lesson, learn - next lesson - then Good student. Some student take longer - no matter. Keep learn. Practise. Practise. Practise. One day we forget how we learned to walk & do so naturally without much think.

Just my opinion - others may choose to disagree. Chocolate / Vanilla

Evaluation of my plan from yesterday:
No Entry Made. SAR did not reach high enough to the PSAR for me to be confident of a well positioned entry back into trend. Missed the TP40 that in this instance was given up by the market in a similar scenario to the previous day.

No plan for today. I'm off for the weekend. Have a great and safe Easter to you all and your family.
If you make up your own rules then the story is sad.....
  • #8,976
  • Apr 12, 2017 6:53pm Apr 12, 2017 6:53pm
Quoting OliveBranch
Quoting Retrogue
Did anyone make an entry today, I didn't see a setup? ...... Hi Retrogue, After my lesson learned thinking i was contributing in a positive way, but not really - have you posted a plan 1st? Keeps things simple, focused & with everyone showing their own indisputable integrity of:- if they be seeing or not be seeing the future so we can all learn from and share the mistakes we make as well as the successes achieved and also shared - of which i dare to say, the goal for us all here i think is to learn effectively. This methodology
...
Hi OliveBranch,

I fully understand your comments, the reason i didnt post my plan is i find im buckling and making mistakes when i post im having issues with the pressure. Im trying to overcome this- reading trading in the zone at the moment as you commented so i bought a copy. Hoping i can learn from it on the mindset side of trading.

In regards to the sar today - I dont think this was a valid setup. We saw the same scenario last week. Db and sar attached seperately on the 0 green fibo. We had ema trend arrow and macd aswell up. Just my thoughts - still a student!
Never Give Up
  • #8,977
  • Apr 12, 2017 9:23pm Apr 12, 2017 9:23pm
Has anyone noticed that the H2 chart is behaving wiredly? The Parabolic and the EMA have not been on one side of Purple for the last 5 bars.
Is that supposed to happen, Dana?
Attached Image (click to enlarge)
Click to Enlarge Name: 4.13wiredEURJPYproH2_Ink_LI.jpg Size: 963 KB
  • #8,978
  • Apr 13, 2017 12:34am Apr 13, 2017 12:34am
Quoting nigpig
I think this forum is poisonous and deserves to die, a slow lingering death due to abandonment and contempt for the creator. The last few followers who are still involved, good luck. Your time may be limited. Why would anyone want to contribute with a risk of being banned for saying the wrong words or post something that stimulates discussion and then results in them being banned as its not what is wanted. Not a question but a very obvious observation and deficiency of there motives. The paradox is clearly that. A paradox indeed, but not the paradox...
all part of the fun Nige. keeps me focused

it may resurrect after Easter.

markets flat doing other things till Tuesday

enjoy the Easter break guys
Stop killing our Oceans, Stop using single use plastics.
  • #8,979
  • Apr 13, 2017 9:48pm Apr 13, 2017 9:48pm
EURJPY TRADING PLAN - April 13, 2017

DAILY
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Notes: DB and SAR have attached at 115.707 with gold divergence, with a green fib showing. Also, three consecutive candles have not touched purple so far, so balance is necessary. The 4 horsemen are shooting down, and white/purple have not crossed.

2H
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Notes: DB and SAR have attached at the 115.707 level, with gold divergence, with a green fib showing. The 4 horsemen are shooting down and white/purple have not crossed yet. The last ema arrow printed was red (pointing downwards), but the last MACD arrow was pointing up. Also note that the BB are quite tight, indicating a breakout may occur soon.

1H
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Notes: White did cross purple, with the MACD arrow pointing up. However, purple did not cross ema yet to show a swing is going up. Also note that green fib is showing.

ENTRY: No entry at the moment. This is because all three EMA's are below ROMAR (resistance). So, a full blown downtrend is present. Looking at the bigger picture, balance needs to be in order on the daily, so I expect EURJPY to rise a little to accomplish this. However, I will not enter a long position because that would be against the trading rules to never trade against the trend. For now, we will have to wait and see what the market will do.
Attached Image (click to enlarge)
Click to Enlarge Name: DOVE - APRIL 13.png Size: 62 KB
"Cast your burden upon the Lord and He will sustain you"
  • #8,980
  • Apr 14, 2017 1:16am Apr 14, 2017 1:16am
Quoting tullegate
EURJPY TRADING PLAN - April 13, 2017 DAILY ROMAR - Resistance EMA - Resistance PSAR - Resistance Notes: DB and SAR have attached at 115.707 with gold divergence, with a green fib showing. Also, three consecutive candles have not touched purple so far, so balance is necessary. The 4 horsemen are shooting down, and white/purple have not crossed. 2H ROMAR - Resistance EMA - Resistance PSAR - Resistance Notes: DB and SAR have attached at the 115.707 level, with gold divergence, with a green fib showing. The 4 horsemen are shooting down and white/purple...
Hi, the price reach the H2 EMA and near Parabolic, and then going down for the 40pips if we enter at the EMA. Did you trade it?
I Will Never Give Up
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