There are still 30 minutes left until the Sydney opening. I will update the 1h situation a few minutes before the opening. In any case, my plan for now does not include an entry. So I will come back directly for the European session
The Paradox System 17,273 replies
Paradox System: post your entry here 12 replies
Paradox system avg monthly ROR for last 12 months 33 replies
Learning the Paradox System=Set up / Trade Plan / Results Only 1 reply
Disliked{quote} I'm LONG. I opened a trade on the white 1h with half my margin, and a second trade on the smooth which was also close to the 23.6 fibo level. 40 pips SL and 40 pips TP. the TP is below Daily PSAR which is the last resistance in all charts. {image}Ignored
Disliked{image} Market is between MA zone which is very wide today. There have not been many buys above the MA 5 with not a single open above it. This proves that yesterday's was a real TOP. In general we are consolidating because on the Daily EMA there is still resistance. So theoretically we can go both LONG and SHORT. I will take a LONG only after having seen what the market will do when it reaches MA 20. If it will struggle to go below and I will have the right signals in 2h and 1h I will try a LONG with enough space from there to the TOP that it will...Ignored
Disliked{image} Market is between MA zone which is very wide today. There have not been many buys above the MA 5 with not a single open above it. This proves that yesterday's was a real TOP. In general we are consolidating because on the Daily EMA there is still resistance. So theoretically we can go both LONG and SHORT. I will take a LONG only after having seen what the market will do when it reaches MA 20. If it will struggle to go below and I will have the right signals in 2h and 1h I will try a LONG with enough space from there to the TOP that it will...Ignored
Disliked{quote} I'm Short. Smooth cross purple in 2h. Market had tested again MA5 and was rejected. SL 40pips TP at M20 or BBIgnored
Disliked{quote} unfortunatly the market has gone nowhere. I will close my short in profit or loss about 5 minutes before the USD red news. If it moves to BB 1h first I will close thereIgnored
Disliked{quote} Zoom out a little and look at the H2 Parabolic trend and combine that with a USD high impact release. You have H2 in trend - compare with the Daily and H4. The release was only going one wayIgnored
Disliked{image} Dana says to take into consideration when we are on a TOP or BOTTOM. I actually thought yesterday's high wouldn't be broken but it did. At this point I don't know how long it can still go up. For me it's all new since I've been trading this system for a short time. In any case before any Short I would like to see a SAR flip on 2h. Until then I will only try LONG because All indicators say UPtrend (excluding FIBO). I expect like today there will be a retracement down with at least one swing on 1h. No trade therefore for the opening of Sydney...Ignored
Disliked{quote} I'm SHORT. a short was in my plan in case there was a PSAR flip in 2H. In 4h we have smooth crossing purple and in 2h we have open below EMA and Ema crossing Puprle . I opened a trade with half my margin because the right entry was 10 pips above mine. If he comes back I will add another short.Ignored
Disliked{quote} Hi lights. Thanks for commenting. I'm trying to follow the original rules of the System. The system plans to use the charts with maximum zoom and a spread of 40 candles. I am also looking at a single pair that is E/J and also avoiding staying in the market during any major news releases. I know 80% of the time the news will go with the trend but I'm just trying to follow the rules. You are welcome here anyway. Feel free to publish your analyzes with the paradox system if you like, but I ask you to do so only with regards to the E/J pair...Ignored
Disliked{quote} I'm SHORT. a short was in my plan in case there was a PSAR flip in 2H. In 4h we have smooth crossing purple and in 2h we have open below EMA and Ema crossing Puprle . I opened a trade with half my margin because the right entry was 10 pips above mine. If he comes back I will add another short.Ignored
Disliked{quote} Let me start again. I trade the Paradox system, successfully, and I wish to help you. Please read this thoroughly before dismissing. To address my previous comments, I am well aware of how many candles should be displayed on the charts, the point was trying to get you to see with your own eyes what you were planning to short against and what you were fighting. In the beginning of the thread, followers had the luxury of Dana's teachings in a live commentary. You do not have this luxury and I did not have this luxury. It was alluded to on...Ignored