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Attachments: The Paradox System
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The Paradox System

  • #9,881
  • Jun 8, 2017 4:01pm Jun 8, 2017 4:01pm
Quoting Hendo
Hello Traders, I have been very busy with my highly active young household, as well as focusing on another trading pair to better fit my schedule. I really only post if I feel everyone can benefit in someway or, if it was an interesting set up that was not posted. Since Dana said he didn't mind Shaun or myself to post on other pairs I thought this was an interesting scenario, after a major market spike. The plan, entry and result are pretty self explanatory. The main reason for this post is to show the power of the Paradox, even with a different...
Chad,

It looks as though you are describing the 4 hour chart in lieu of the Daily on your plan.
Life is too short to have anything but delusional notions about yourself.
  • #9,882
  • Jun 8, 2017 4:16pm Jun 8, 2017 4:16pm
Quoting hoss
{quote} Chad, It looks as though you are describing the 4 hour chart in lieu of the Daily on your plan.
You are right hoss, I use the H4 as another reference. I must have had it on my overlapping monitor while making my plan. My bad, however, the E A Daily is turning down. I edited it as to not confuse everyone.
  • #9,883
  • Jun 8, 2017 4:21pm Jun 8, 2017 4:21pm
Quoting Hendo
{quote} You are right hoss, I use the H4 as another reference. I must have had it on my overlapping monitor while making my plan. My bad, however, the E A Daily is turning down.
Cool.
Life is too short to have anything but delusional notions about yourself.
  • #9,884
  • Jun 8, 2017 8:06pm Jun 8, 2017 8:06pm
Quoting tullegate
MAY 28 EURJPY TRADING PLAN DAILY ROMAR - Support EMA - Support PSAR - Support Notes: 4 horsemen up in a slide, but EMAx did point down. Opening was below smooth. Red fib. Macdx pointing down. 2H ROMAR - Resistance EMA - Resistance PSAR - Resistance Notes: smooth and white crossed purple for the up. But, white and smooth are going to cross not at ema crossing purple. So this is a big indication that this is a slider going down. Also, SAR attached at 124.479 right at EMA (same place where daily ema was touched). MACDx and EMAx pointing down. 1H ROMAR...
Forgot my self evaluation.

I got 40 pips from this. I think it was a great trade. Once I saw the white and smooth cross far away from the ema, I knew this was a slider going down. I love this setup. Very simple.
"Cast your burden upon the Lord and He will sustain you"
  • #9,885
  • Jun 8, 2017 8:35pm Jun 8, 2017 8:35pm
Quoting tullegate
{quote} Forgot my self evaluation. I got 40 pips from this. I think it was a great trade. Once I saw the white and smooth cross far away from the ema, I knew this was a slider going down. I love this setup. Very simple.
There is a reason and purpose for all the rules; and they are to benefit the trader.

"Forgot my self evaluation"

The self-evaluation is to benefit your future. With a self-evaluation you have a record of why the trade was good; or if the trade was bad and the reason(s) why. At the end of a trading week you have these records to go over and study. This kind of thinking is what corrupts a trader of potentially making it to the top. I have been trading the Paradox for over 12 years and even today; I still do a self-evaluation of every single trade. If I was you (which I'm not) I would step back and rethink your attitude. If you don't - it will eventually come back and take you down.
The Dove - Forex Trainer
  • #9,886
  • Jun 8, 2017 9:31pm Jun 8, 2017 9:31pm
Quoting dove_alliance
{quote} There is a reason and purpose for all the rules; and they are to benefit the trader. "Forgot my self evaluation" The self-evaluation is to benefit your future. With a self-evaluation you have a record of why the trade was good; or if the trade was bad and the reason(s) why. At the end of a trading week you have these records to go over and study. This kind of thinking is what corrupts a trader of potentially making it to the top. I have been trading the Paradox for over 12 years and even today; I still do a self-evaluation of every single...
I apologize. I will do better.
"Cast your burden upon the Lord and He will sustain you"
  • #9,887
  • Jun 8, 2017 11:06pm Jun 8, 2017 11:06pm
Date: 09/06/17 6.16 GMT EUR/JPY

Daily: Open 80 below all horsemen
ROMAR - Support
EMA - Resistance
PSAR Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: 125.903 High
Fibo: Down

Notes: The Daily has the 4 horsemen running flat to down just above the market. SAR (RANGING) last High 125.298. Last at low 122.619 together with only Gold Divergence with a touch on the lower BB which is still flat and ranging. MACD still on the low, ROMAR still below the BB. Market out of balance but correcting.

2 HR:
OPEN PRICE 123.163 123.417
ROMAR - Resistance
EMA - Resistance
PSAR Resistance E

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Up
Last DB Attachment: 122.800 with hidden SAR
Fibo: Up

Notes: The 2 hour has the four horsemen heading slightly South with the ROMAR trend, above smooth and EMA below the PSAR resistance (has been for 3 bars). White just crossing Purple, DB/SAR with LSB Divergence attached at the HL with Hazel tag, fib green, MACD on the zero (ready for the up?) BB starting to flatten.

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

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

Notes: The 1 hour has the four horsemen Heading North with a double cross of the 4 with the BB also Flat to starting to pince .

Final Notes for all three charts: the market is in Consolidation 1H, 2H Down, Daily Up. H2 PASR holding with no SAR, Another game of patience required.
Entry:
Consolidation:
Long:
Short: Patiently waiting for a SAR/PSAR to go short

NEWS: UK PM speaking at 10 may have some impact!!
Stop killing our Oceans, Stop using single use plastics.
  • #9,888
  • Edited 8:01am Jun 9, 2017 7:50am | Edited 8:01am
Hi Everyone,

Didn't trade the Asian session last night due to the UK election. Didn't plan on trading today either but I saw a possible setup once the markets calmed down and wrote my plan.

Date: 09-06-2017 Midday UK time

News Releases: None

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

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

Notes: Downtrend. Parabolic downtrend with Romar uptrend. Four horsemen spreading out down. Last SAR down with hidden divergence piercing lower BB. Daily opened a fair way from purple balance.

2 HR:
ROMAR - Resistance
EMA - Resistance
PSAR Resistance (eliminated)

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

Notes: Parabolic downtrend but eliminated, Romar as resistance. White and purple crossed followed by smooth. EMA up arrow then MACD up in correct order. H2 turning for an upswing. Last DB was down with normal divergence, so next will be on top. White is at smooth with EMA almost at purple. Conflicting EMA down arrow.

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

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

Notes: Parabolic Uptrend. Romar as resistance. EMA sliding under purple, white and smooth at the 50 fibo. MACD up.

Final Notes: Daily down, H2 down but turning up, H1 up. H2 is turning into an upswing, waiting on ema/ purple cross and parabolic flip to confirm. H1 already up with EMA sliding. Daily is down. Entry will be long once H2 upswing confirmed and looking for daily hit on the four horsemen resistance. Target around H2 Romar/ Daily purple/ Daily 38.2 fibo.

Entry:

Long: Entered long at H2 EMA support hit with parabolic flip. Set 40 TP and 40 SL.

Notes for readjustments: EMA/ purple cross and parabolic flip on the 1pm candle. Waiting for pullback to H2 support to enter long.

Evaluation: TP hit. Improvements to be made: I took entry at the EMA support hit on H2. I was in the moment and the parabolic flipped on this candle with balance, so didn't want to hang around as the market could have taken off without me. I should have gone with my original plan of waiting for the smooth hit and getting in at the edge of support. So entered around 5 pips off desired entry point.

Anyway, all in all I think it was a good two candle 40 pip trade.

Have a good weekend everyone
Attached Image(s) (click to enlarge)
Click to Enlarge Name: H2 Entry.JPG Size: 206 KB
Click to Enlarge Name: Result.JPG Size: 199 KB
Never Give Up
  • #9,889
  • Jun 9, 2017 8:25am Jun 9, 2017 8:25am
Quoting Retrogue
Hi Everyone, Didn't trade the Asian session last night due to the UK election. Didn't plan on trading today either but I saw a possible setup once the markets calmed down and wrote my plan. Date: 09-06-2017 Midday UK time News Releases: None Daily: ROMAR - Resistance EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing - down Last EMA Alert Arrow - down Last DB Attachment - down Fibo down Notes: Downtrend. Parabolic downtrend with Romar uptrend. Four horsemen spreading out down. Last SAR down with hidden divergence piercing lower...
Well done mate, i was so one track minded with the SAR/PSAR especially when the PSAR kept holding i thought the flip wouldn't last and didnt go with it. too much analysing and not going with what the Paradox was saying. missed chance for 40.

PS us Brits know how to confuse the voting and expecting public.
Stop killing our Oceans, Stop using single use plastics.
  • #9,890
  • Jun 9, 2017 8:51am Jun 9, 2017 8:51am
Good morning and happy Friday everyone,

I wrote another plan last night but the conditions were not filled. This morning I saw that the criteria in my plan has been met. So here is my plan and my entry. Have a great weekend everyone.

Daily

Romar:Support
Ema:Resistance
Parabolic:Resistance
Macd:down
Ema:down
Fibo:Red
Db/Sar:Both on bottom

Notes: Four horsemen lined up for down. Market coming up to purple
resistance.

2 Hour

Romar:Resistance
Ema:Resistance
Parabolic:Resistance
Macd:up
Ema:up
Fibo:green
Db/Sar:connected on the bottom

Notes:This chart is ranging.Bollinger bands are inside
the 0 and 100 fibo. Recent lower high db connection.


1 hour
Romar:Resistance
Ema:Resistance
Parabolic:support
Macd:up
Ema:up
Fibo:green
Db/Sar:Both on top
Notes:downtrend ranging.

Final Notes: Daily is going sideways headed for purple with horsemen
lined up for South. 1 and 2 hour charts are ranging as the daily goes sideways.

Entry: Looking to enter off the top of the range and Daily purple resistance and go short.
Confluences for short are 38.2 fib and purple on Daily, Romar and 61.8 on H2. Waiting for
at least a Sar connection to go short on h2 and maybe a db as well.

Entered short this morning at 123.787

adjustments. H2 db/sar are now on top
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.png Size: 95 KB
The quieter you become, the more that you can hear.
  • #9,891
  • Jun 9, 2017 1:34pm Jun 9, 2017 1:34pm
Quoting SolitudeFx
Good morning and happy Friday everyone, I wrote another plan last night but the conditions were not filled. This morning I saw that the criteria in my plan has been met. So here is my plan and my entry. Have a great weekend everyone. Daily Romar:Support Ema:Resistance Parabolic:Resistance Macd:down Ema:down Fibo:Red Db/Sar:Both on bottom Notes: Four horsemen lined up for down. Market coming up to purple resistance. 2 Hour Romar:Resistance Ema:Resistance Parabolic:Resistance Macd:up Ema:up Fibo:green Db/Sar:connected on the bottom Notes:This chart...
Ok - the tough part. self evaluation

I will try my best.

Last night I wrote this plan and was waiting on the market to come up so that I could go short. It did not come up enough for my plan. This morning I noticed that the conditions were filled for my plan and decided to go short.

There was a place in my plan that I put for adjustments and noted the db/sar on top. However I missed noting that the fib had also flipped on H2 and the 61.8 was no longer there as resistance. The 23.6 of the red fib was there however. This was a mistake not noting the flip until after I entered.

I also noticed that both the h1 and h2 horsemen shooting up for long and I had only 20 pips to support on H2. However I felt that there was enough confluence to break through that support and hit the parabolic.

I need the experts advice on whether this was a proper trade as I had some questions about the risk. And this was a Friday but I figured that the paradox could have power at any time and did not want to let that limit me.

Take profit of 40 pips was hit in 3 hours.

Thank you Dove for everything about this system and I nervously await your direction and hope to learn from this trade today.

Regards,
John
The quieter you become, the more that you can hear.
  • #9,892
  • Jun 9, 2017 2:47pm Jun 9, 2017 2:47pm
Quoting SolitudeFx
{quote} Ok - the tough part. self evaluation I will try my best. Last night I wrote this plan and was waiting on the market to come up so that I could go short. It did not come up enough for my plan. This morning I noticed that the conditions were filled for my plan and decided to go short. There was a place in my plan that I put for adjustments and noted the db/sar on top. However I missed noting that the fib had also flipped on H2 and the 61.8 was no longer there as resistance. The 23.6 of the red fib was there however. This was a mistake not...
OK Trader - Your 40 profit was only because of pure luck accordingly with your trading plan. Nowhere did you even mention ROMAR as a powerful RESISTANCE in your final notes. The H2 was in a downtrend consolidation with ROMAR. Which means you was lucky ROMAR was the resistance to take it down to the Parabolic. The trend was up with ROMAR holding back the trend. So your entry had nothing to do with what you had seen. It was the HIT on ROMAR that had shot it down. One thing you did experience is the POWER of SUPPORT and RESISTANCE; in this case it was ROMAR resistance. If ROMAR had been support you would had lost this trade. So - you need to see the whole picture before pulling the trigger; especially with support and resistance. If you had mention ROMAR as resistance and stated you had pulled the trigger with the ROMAR hit then my writing here would be totally different.
The Dove - Forex Trainer
  • #9,893
  • Jun 9, 2017 3:18pm Jun 9, 2017 3:18pm
Hi good people.

Have a question. I was tempted to make an adjustment and take Retrogue's trade and stayed out as i was hesitating with personal thoughts of "we wait till the close of the bar", the closeness to the counter trade against H2 ROMAR trend & by the time of the close of the bar, we see the move was almost complete for the TP40.
Another thing which kept me out was i was looking for the short on my plan and back into trend with H2 ROMAR and going long would have been the opposite to the plan.

So i guess the Q i have is: if one of the arrows appears, and confluence is seen, is this part of the 10% of the time whereby we can trade based upon indicators mid bar, rather than on the opening or close of a bar?
If you make up your own rules then the story is sad.....
  • #9,894
  • Jun 9, 2017 3:23pm Jun 9, 2017 3:23pm
Quoting dove_alliance
{quote} OK Trader - Your 40 profit was only because of pure luck accordingly with your trading plan. Nowhere did you even mention ROMAR as a powerful RESISTANCE in your final notes. The H2 was in a downtrend consolidation with ROMAR. Which means you was lucky ROMAR was the resistance to take it down to the Parabolic. The trend was up with ROMAR holding back the trend. So your entry had nothing to do with what you had seen. It was the HIT on ROMAR that had shot it down. One thing you did experience is the POWER of SUPPORT and RESISTANCE; in this...
Thank you very much for the critique. I have much to learn. Romar powerful resistance shot the market down was key to this winning trade but caution be advised going against the short h1 and h2 trend. I hope I have interpreted that correctly and thanks for you time.
The quieter you become, the more that you can hear.
  • #9,895
  • Jun 9, 2017 4:03pm Jun 9, 2017 4:03pm
Quoting SolitudeFx
{quote} Thank you very much for the critique. I have much to learn. Romar powerful resistance shot the market down was key to this winning trade but caution be advised going against the short h1 and h2 trend. I hope I have interpreted that correctly and thanks for you time.
You interpretation it wrong:

Caution relates to the Power not the 4 horsemen. With your entry you had the 4 horsemen in trend going up with EMA. If ROMAR was support you would had lost that trade because ROMAR would had the Power for the uptrend. In this scenario with your entry you Had the DB/SAR attached without the Hidden Divergence. Which meant if ROMAR was support the market would had kept going north

-But-

ROMAR was not support but was resistance; and still is resistance. This means ROMAR has the power for RESISTANCE as long as ROMAR is not going through center. Because ROMAR has the Power of Resistance then the market will not break ROMAR. The caution is never trade against the POWER.

Right now we are in consolidation splitting the POWERS. On the H2 you have ROMAR as resistance and on the Daily you have ROMAR as support. The H2 is your trading chart which means the H2 ROMAR has the power in a ranging mode.
The Dove - Forex Trainer
  • #9,896
  • Jun 9, 2017 4:14pm Jun 9, 2017 4:14pm
Quoting SolitudeFx
{quote} Thank you very much for the critique. I have much to learn. Romar powerful resistance shot the market down was key to this winning trade but caution be advised going against the short h1 and h2 trend. I hope I have interpreted that correctly and thanks for you time.
The bottom line is you was depending on DB/SAR and the Fibo for your entry along with confluence. And because of ROMAR Resistance (in which you did not recognize) you got your trade in a ranging mode. And it was not because of the DB/SAR or even the Fibo. For the simple reason if ROMAR was support it would had kept going north. This means it was ONLY because of resistance (ROMAR) you got your trade.
The Dove - Forex Trainer
  • #9,897
  • Jun 9, 2017 4:57pm Jun 9, 2017 4:57pm
Quoting dove_alliance
{quote} The bottom line is you was depending on DB/SAR and the Fibo for your entry along with confluence. And because of ROMAR Resistance (in which you did not recognize) you got your trade in a ranging mode. And it was not because of the DB/SAR or even the Fibo. For the simple reason if ROMAR was support it would had kept going north. This means it was ONLY because of resistance (ROMAR) you got your trade.
Yes I think I understand this now. Amazing stuff this paradox. I am thoroughly enjoy this journey albeit the great challenge that lies ahead. Many thanks.
The quieter you become, the more that you can hear.
  • #9,898
  • Jun 11, 2017 2:02pm Jun 11, 2017 2:02pm
# 71 Date - 11/06/2017

D1: (Purple balance: Up under 50 pips) ≈ balanced
ROMAR - Support EMA - Resistance & Support
PSAR - Resistance
Check list:
Last EMA arrow - Down
Last MACD arrow - Down
Last DB/SAR - Bottom/Bottom
Fibonacci - Down
Notes: (No big news). Golden divergence with BB hit and SAR around 61.8 pushed the market up. Horsemen downtrend getting stronger after a slider of white. Trend down but consolidated because ROMAR uptrend, continues the ranging. Closest Support is fibo 50 and closest Resistance is Purple, both are close.

H2:

ROMAR - Resistance (=D1 Purple)
EMA - Resistance & Support
PSAR - Nullified Support
Check list:
Last EMA arrow - Down
Last MACD arrow - Up
Last DB/SAR - Together top
Fibonacci - Down
Notes: DB/SAR together at top, next connection will be down, also top fibo reached at 124.013 and then DB made a LH indicating a turn down. Horsemen are up but White crossed Purple, Smooth heading to Purple, both Purple & PSAR getting closer to EMA indicating there could be a flip and turn soon, but Ill wait to make sure its not a slider. Trend up but consolidated, turning down with the ROMAR trend. Purple balance is up, but could be reached sideways followed with the turn of PSAR, and a PSAR flip is required before taking any short from resistance. BBs closing. Fibo 38.2 level with EMA as resistance and 23.6 next to ROMAR/D1 Purple as confluences.

H1:
ROMAR - Resistance & Support
EMA - Support
PSAR - Resistance
Check list:
Last MACD arrow - Down
Fibonacci - Up
Notes: Horsemen turning down with fresh momentum, and PSAR just flipped. Trend down, but still consolidated until ROMAR crosses EMA and EMA crosses Purple.

Final notes for all three charts: Overall consolidation, but trend is down. I will wait for the turn in H2 with Smooth cross of Purple to change the trend, and EMA cross of Purple (checking that its aligned with H1 EMA) and also H2 PSAR flipbefore my entry. Also would like to see a MACD arrow down before my entry so is as safe as possible.

Entry:


Short: From H2 resistance after the turn, will reevaluate which one in the moment in the notes for readjustments after the turn Im waiting occurs.
"Know thyself."
  • #9,899
  • Edited 2:35pm Jun 11, 2017 2:19pm | Edited 2:35pm
Quoting miau1
# 71 Date - 11/06/2017 D1: (Purple balance: Up under 50 pips) ≈ balanced ROMAR - Support EMA - Resistance & Support PSAR - Resistance Check list: Last EMA arrow - Down Last MACD arrow - Down Last DB/SAR - Bottom/Bottom Fibonacci - Down Notes: (No big news). Golden divergence with BB hit and SAR around 61.8 pushed the market up. Horsemen downtrend getting stronger after a slider of white. Trend down but consolidated because ROMAR uptrend, continues the ranging. Closest Support is fibo 50 and closest Resistance is Purple, both are close. H2:...
Sorry for the messed up format, don't know why it turned out like this when pasting it, trying to solve it from my template.

Edit. Fixed, next trading plan will have normal format again.
"Know thyself."
  • #9,900
  • Jun 11, 2017 11:01pm Jun 11, 2017 11:01pm
Date: 12/06/17 6.17 GMT EUR/JPY

Daily: Open below Smooth
ROMAR - Support
EMA - Resistance
PSAR – Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: 125.903 High
Fibo: Down

Notes: The Daily has the 4 horsemen Turning down with an open just below smooth. SAR (RANGING) last High 125.298. Last at low 122.619 together with only Gold Divergence with a touch on the lower BB which is starting to open up but still ranging. MACD still on the low, ROMAR now above the BB. Market in balance. PSAR 60 from market.

2 HR:
OPEN PRICE – 123.689 – 123.604
ROMAR - Resistance
EMA - Support
PSAR – Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: 123.849 with hidden SAR
Fibo: Up

Notes: The 2 hour has the four horsemen running flat through the centre of the market. Battle with Romar Resistance and PSAR support, SAR not attaching at PSAR, DB/SAR with Magenta Divergence attached at the LH with Hazel tag, fib flip red, MACD just on the up, BB flat now inside fibo 40+ pips away

1 HR:
ROMAR - Resistance
EMA - Support
PSAR – Resistance E

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

Notes: The 1 hour has the four horsemen also running flat with another battle Romar Support and PSAR resistance. BB also Flat.

Final Notes for all three charts: the market is in Consolidation 1H, 2H Down, Daily Up but heading down. H2 PASR holding with no SAR giving indication of further move north to upper BB?, H2 ROMAR = Daily Smooth! Another game of patience required.
Entry:
Consolidation: Breakout likely to be quick, looking for the Long off PSAR H2 which is holding well.
Long:
Short:

NEWS: No news
After trade notes:
Stop killing our Oceans, Stop using single use plastics.
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