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The Paradox System

  • #9,981
  • Jun 19, 2017 3:11am Jun 19, 2017 3:11am
Forgot the charts...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYproDaily.png Size: 81 KB
Click to Enlarge Name: EURJPYproH2.png Size: 73 KB
Click to Enlarge Name: EURJPYproH1.png Size: 69 KB
  • #9,982
  • Jun 19, 2017 10:10am Jun 19, 2017 10:10am
Purple/White/Smooth sliding, market is extremely congested. If I had posted a plan I would not have acted, in either direction, as I would be waiting for breakout.

SAR and Swing High Low should be taken off H1 chart btw.
  • #9,983
  • Jun 19, 2017 11:26am Jun 19, 2017 11:26am
Quoting miau1
# 106 Date - 18/06/2017 D1: (Purple balance: Down ≈ 90 pips.) ROMAR - Support EMA - Resistance & Support PSAR - Nullified Resistance Check list: Last EMA arrow - Up Last MACD arrow - Down Last DB/SAR - Bottom/Top Fibonacci - Red Notes: (No red news). Trend down with horsemen but consolidated with White-Smooth crossing Purple and with ROMAR uptrend. Gold divergence in the soon-to-be bottom of the fibo after the new candle opens, with both DB and SAR connected there for the long, then SAR attached up. Closest resistance is 38.2 fibo and closest...
Trade result: +0 pips.
Self-evaluation: Saw no entry, moving on to the next trading plan. Market retested the fibo 0 and then started a long slider, being very consolidated.
"Know thyself."
  • #9,984
  • Jun 19, 2017 12:56pm Jun 19, 2017 12:56pm
Quoting pipon
Hi all, It has been some time since my last PLAN.... I was very busy with other stuff.... Hope this time I will finish the 6 months traning since it looks like there is no other way, (like Dove said many many times ) 19/6 - EUR........o I will look for a buy from support. Entry : long at a Parabolic 2H touch for 40/40 . joining the 2H trand
no entry today, price never touched PAR.... maybe the buy should have been from EMA , but then again never did reached the 40 pips profit
  • #9,985
  • Jun 19, 2017 3:00pm Jun 19, 2017 3:00pm
# 113 Date - 19/06/2017

D1: (Purple balance: Down ≈ 60 pips.)
ROMAR - Support
EMA - Support
PSAR - Support
Check list:
Last EMA arrow - Up
Last MACD arrow - Up after same direction EMA arrow. Verified the trend.
Last DB/SAR - Together top
Fibonacci - Green
Notes: (No big news). Trend up with fresh momentum. Both divergences with DB at 61.8. Closest support is 50 fibo and resistance 61.8 fibo.

H2:
Open price – 124.386
ROMAR - Support
EMA - Support
PSAR - Support
Check list:
Last EMA arrow - Up
Last MACD arrow - Down before same direction EMA arrow. There's conflict.
Last DB/SAR - Together top
Fibonacci - Red
Notes: . Trend up but with a very tight slider of the horsemen and EMA. ROMAR outside BB (ROMAR ranging?), consolidated because of the slider, the fibo and the conflict with the arrows. DB/SAR setup with divergences at the top of the fibo also adds for the short. BBs tight confirm the consolidation, and their slope indicates long.

H1:
ROMAR - Support
EMA - Support
PSAR - Nullified Resistance
Check list:
Last MACD arrow - Down
Fibonacci - Red
Notes: Trend up with ROMAR and EMA, but consolidated because of horsemen trend.

Final notes for all three charts: Trend up but very tight consolidation currently. Market is in conflict, so I expect a major retracement with a red arrow and then I’ll take the green arrow up, or will buy at a level of confluence (for example D1 Purple touch around H2 lowerBB/ROMAR), that I’ll see in the moment, if still awake.

Entry:
Long: Off support with confluences, or green arrow after a retracement down with red arrow.
"Know thyself."
  • #9,986
  • Jun 19, 2017 3:07pm Jun 19, 2017 3:07pm
Newbie here, hello all fellow traders, been lurking for some 4 months now

Please could somebody post a 2hr chart for me, need to check my fibs are correct before I post a trading plan (which tonight would have gone long off the market bounce from the 2hr Par c. 2213hrs).


Cheers, Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #9,987
  • Jun 19, 2017 3:27pm Jun 19, 2017 3:27pm
Quoting Andiroo
Newbie here, hello all fellow traders, been lurking for some 4 months now Please could somebody post a 2hr chart for me, need to check my fibs are correct before I post a trading plan (which tonight would have gone long off the market bounce from the 2hr Par c. 2213hrs). Cheers, Andy
There you go,
Attached Image (click to enlarge)
Click to Enlarge Name: H2.png Size: 128 KB


Regards.
"Know thyself."
  • #9,988
  • Jun 19, 2017 3:34pm Jun 19, 2017 3:34pm
Thank you miau1, much appreciated,

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #9,989
  • Jun 20, 2017 9:03am Jun 20, 2017 9:03am
Notes for readjustments: H2 Lower BB = D1 Purple. Also H2 ROMAR and 32.2 fibo are right there, seems like a good confluence to go long in a candle close or BB hit less than 15m away from a candle close. H2 PSAR flipped and a swing down with the horsemen is on the makings, but ROMAR has still a lot of power for the long and D1 Purple hit is very powerful. If the current candle goes that low, then is a good anti-PSAR entry. (It went, so I took the anti PSAR entry with all the confluences).

Attached Image (click to enlarge)
Click to Enlarge Name: Entry.png Size: 138 KB
"Know thyself."
  • #9,990
  • Jun 20, 2017 9:41am Jun 20, 2017 9:41am
Quoting miau1
Notes for readjustments: H2 Lower BB = D1 Purple. Also H2 ROMAR and 32.2 fibo are right there, seems like a good confluence to go long in a candle close or BB hit less than 15m away from a candle close. H2 PSAR flipped and a swing down with the horsemen is on the makings, but ROMAR has still a lot of power for the long and D1 Purple hit is very powerful. If the current candle goes that low, then is a good anti-PSAR entry. (It went, so I took the anti PSAR entry with all the confluences). {image}
With all this analytical stuff you posted here is mind blowing because it has nothing to do with what is happening in the moment.
The Dove - Forex Trainer
  • #9,991
  • Jun 20, 2017 9:50am Jun 20, 2017 9:50am
Quoting kaizkung
{quote} Glad to see your entry , I got the top today ,hope you get the bottom too, I like this setup but I already got my 40. Cheer!
Well trader - I do not see your trading plan nor an entry chart or a self-evaluation.
The Dove - Forex Trainer
  • #9,992
  • Jun 20, 2017 10:17am Jun 20, 2017 10:17am
Quoting kaizkung
{quote} sorry ,because I don't have a monitor that got 1600X900(i really pay too much on my other stuff last 2 month ,so my wife don't give me extra money), So I think my chart may confuse someone else,but I got fibo in the right position with make my chart left only 39 and a half bar. So I am not ready to post a plan. Ps. My plan(that didn't post) is taking entry with the confluence with the daily open below fibo 61.8 resistance and the purple imbalanced on the daily chart.
Trader - excuses don't cut it here. There are traders posting plans that are in the same situation. In the future you post a plan with an H2 entry chart when you make entry, and then your evaluation. That is the rules of this thread.
The Dove - Forex Trainer
  • #9,993
  • Jun 20, 2017 10:25am Jun 20, 2017 10:25am
Quoting dove_alliance
{quote} Trader - excuses don't cut it here. There are traders posting plans that are in the same situation. In the future you post a plan with an H2 entry chart when you make entry, and then your evaluation. That is the rules of this thread.
Ok ,master , I will erase my post, sorry
  • #9,994
  • Jun 20, 2017 11:45am Jun 20, 2017 11:45am
Hi Everyone,

My entry from today. Sorry for rubbish screenshot, was taken off my mobile phone whilst at work.

Date: 19-06-2017 10pm UK time

News Releases: USD midnight, 13:00, 13:30, 20:00

Daily:
ROMAR Support
EMA Support
PSAR Support

Check List:
Last MACD 0 crossing - up
Last EMA Alert Arrow - up
Last DB Attachment - up
Fibo up
Balance Three candles out

Notes: Uptrend. Parabolic uptrend with Romar uptrend. EMA arrow up, MACD up. DB attached to the top of the candle with normal divergence running in the uptrend stopping at 61.8 fibo. White and smooth crossed with EMA and purple cross. Daily is three candles out of balance now in the uptrend.

2 HR:
ROMAR Support
EMA Support
PSAR Support

Check List:
Last MACD 0 crossing - down
Last EMA Alert Arrow - up
Last DB Attachment - up
Fibo down
Notes: Uptrend. Parabolic uptrend with Romar uptrend. Tight consolidation with purple, smooth and white all sliding running flat. Last DB was up with the SAR and normal and hidden divergence. BB coming in tight and running flat. Fibo is down.

1 HR:
ROMAR Support
EMA Support
PSAR Resistance

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

Notes: Parabolic downtrend, Romar uptrend. Four horsemen sliding and running flat with parabolic flip. BB running flat.

Final Notes: Daily up, H2 up, H1 up. The trend is up. However, the daily is majorly out of balance. Now at the three candles out of balance in an uptrend I expect a major swing down. As we are in consolidation, I can entertain a short trade option, but need to wait for the right moment and confirmations.

Entry:
Short: Open below EMA with SAR already down. Short for TP 40 SL 40

Notes for readjustments: New daily opened, now we are four candles out of balance in the uptrend. Purple/ white cross on H2, with SAR already down with open below smooth. MACD and EMA arrow down already.


Evaluation:

TP hit. I took this trade because the daily had to balance. But at the time of plan last night it was telling me go long. Used patience and waited. I feel I could have gone in earlier, once the open below smooth came in with the EMA down and MACD down arrows before it. But I waited and the SAR turned up confirming downwards to H2 Romar then DB. I waited and used the open below EMA to enter. My TP was above H2 Romar. If the market would have gotten any lower before my entry I would have not entered as TP would have been too low. Any feedback welcome, first time I've got TP in this scenario before.

Edit: Should also mention to round things off, the H2 parabolic being eliminated and quite clearly ready to flip at time of the my entry.
Attached Image (click to enlarge)
Click to Enlarge Name: H2 1.jpg Size: 1.0 MB
Attached Image
Never Give Up
  • #9,995
  • Jun 20, 2017 11:46am Jun 20, 2017 11:46am
Quoting dove_alliance
{quote} With all this analytical stuff you posted here is mind blowing because it has nothing to do with what is happening in the moment.
Just came back and saw the answers. Followed my trading plan as strictly as possible and created it with my best but clearly I'm failing.

I'm really trying not to "analyze" but just look and describe what I see according to what I study, and could use some advice please, as right now I'm not sure if my trouble is in how I create the plans, the planning of the entries, both or anything else. I really, really want to improve so I would be very thankful.

Regards.
"Know thyself."
  • #9,996
  • Jun 20, 2017 11:50am Jun 20, 2017 11:50am
Quoting miau1
{quote} Just came back and saw the answers. Followed my trading plan as strictly as possible and created it with my best but clearly I'm failing. I'm really trying not to "analyze" but just look and describe what I see according to what I study, and could use some advice please, as right now I'm not sure if my trouble is in how I create the plans, the planning of the entries, both or anything else. I really, really want to improve so I would be very thankful. Regards.
Hi Pablo,

Check my plan above it may help in some way? There was only going to be one way the market was going today
Never Give Up
  • #9,997
  • Jun 20, 2017 12:06pm Jun 20, 2017 12:06pm
Quoting Retrogue
{quote} Hi Pablo, Check my plan above it may help in some way? There was only going to be one way the market was going today
Yes, thank you Tom. I don't know what's wrong with me, I saw all long and decided is best to wait until it went down to go long with D1 confluences... don't know man, having a hard time here to connect the dots but indeed posting your plan helped.

Regards.
"Know thyself."
  • #9,998
  • Jun 20, 2017 12:21pm Jun 20, 2017 12:21pm
Quoting miau1
{quote} Yes, thank you Tom. I don't know what's wrong with me, I saw all long and decided is best to wait until it went down to go long with D1 confluences... don't know man, having a hard time here to connect the dots but indeed posting your plan helped. Regards.
Pablo - lets start with what you should never do:

One - you never anticipate.
Two - you never look beyond the moment. The moment will tell what is to happen.
Three - you never wait on a scenario that may never arrive.

Your biggest problem is not evaluating the TREND before you create your trading plan. You are always waiting for something that may never happen and you are missing the boar with the trend. In other words - you are not trading in the moment. You always trade from the top going down and from the bottom going up. NEVER FROM CENTER. From center you wait for the right opportunity with the SAR.

With this trade you had taken it from center with the H2 Parabolic DOWN. And your question you should had asked yourself is the RULE with the SAR and the Parabolic? That is where you went wrong - not following the rules of trading.
The Dove - Forex Trainer
  • #9,999
  • Jun 20, 2017 12:26pm Jun 20, 2017 12:26pm
Quoting dove_alliance
{quote} Pablo - lets start with what you should never do: One - you never anticipate. Two - you never look beyond the moment. The moment will tell what is to happen. Three - you never wait on a scenario that may never arrive. Your biggest problem is not evaluating the TREND before you create your trading plan. You are always waiting for something that may never happen and you are missing the boar with the trend. In other words - you are not trading in the moment. You always trade from the top going down and from the bottom going up. NEVER FROM CENTER....
Thanks a lot, going to work on this.
"Know thyself."
  • #10,000
  • Jun 20, 2017 12:31pm Jun 20, 2017 12:31pm
Quoting miau1
{quote} Thanks a lot, going to work on this.
That is what you keep saying but you never do it.
The Dove - Forex Trainer
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