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Attachments: Learning the Paradox System=Set up / Trade Plan / Results Only
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Learning the Paradox System=Set up / Trade Plan / Results Only

  • Post #1
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  • First Post: May 20, 2021 9:21pm May 20, 2021 9:21pm
  •  PureCrystal
  • | Joined Oct 2018 | Status: Member | 6 Posts
The reason why I am posting my progress here is because I asked the guy a few questions back in 2018 and he banned me from his thread.. oh well..
So this post is for those who were banned from posting there...
If for some reason you were banned from the post also and is still learning from it. Please feel free to post your set up / trade plan / results here.

You can find the original thread and system here.. https://www.forexfactory.com/thread/...paradox-system

Set up and trade plan is important but more importantly is the RESULTS!!
Even if it is a losing result!
Only with result we can analyize if there is problem with your setup..
SO PLEASE POST WITH RESULTS.

There is plenty of learning and discussion over at the main post so this place is only for trade plans and results
I am also learning so I don't know if what I know is correct..

For those who are kind enough to help, thank you for your kind efforts, and it would be appreciated by others learning the system as well~

Date
5/20/2021

Daily:
Romar = Support
Smooth = Support
EMA = Support
Note = the 4 horsemen lined up, it is an clear uptrend

H2 :
Romar = Support
Smooth = Support
EMA = Support
Note = White has crossed purple, smooth has crossed purple, now EMA is crossing purple at the current bar

H1 :
Romar = Support
Smooth = Support
EMA = Support
Note = all lined up, 4 horsemen up, this is also very clear an uptrend.

Analysis = Daily / H2 / H1 all clear uptrend, with H2 EMA crossing purple at the current bar. Waiting for the current bar to close and confirm EMA crossing.
I am basing my entry on Romar / Smooth / EMA has to match for H1 and H2 in order to enter rule.

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Result = SUCCESS
I did enter after confirmation of the EMA crossing Purple. Though not the best entry as I was away.. but entered never the less.
Since my entry wasn't the best, I have only set a 30 pip Take Profit and set the stop loss to 30 pips as well trying to follow the 40/40 20/20 rule and just so happen that 30 pips stop loss is a small support area. But I did not wait.. I soon exited at 1.22434

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  • Post #2
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  • Last Post: May 20, 2021 9:52pm May 20, 2021 9:52pm
  •  PureCrystal
  • | Joined Oct 2018 | Status: Member | 6 Posts
Just for clerification and learning here is what I have extracted from the system.

The lines and indicators are support and resistence... the way to determine that is based on the crossing.
So I proceeded to list the important crossings of the indicators

 

  1. Romar Cross EMA
  2. Parabolic = This flips when EMA Crosses Purple, however, it is an custom Parabolic so note that it is important.
  3. White Cross Purple = this counters Parabolic at cross, invalidating Parabolic if it hasn't turned.
  4. Smooth Cross Purple
  5. Smooth hover below or above purple = it is called a slider = this means consolidation is happening
  6. EMA Cross Purple
  7. Purple / White/ Smooth / PSAR all aligned = 4 hoursemen = trending


For directional trades, the rules are

  1. White and Smooth both must cross purple to enter
    For this I assumed that H1 and H2 must match? Right now I am only looking for Daily/H2/H1 all matching same direction
  2. Romar / Smooth / EMA for H1 and H2 must match

For consolidation trades:
consolidation is defined as when Daily / H2 / H1 of Romar is a mix of Support / Resistence
when in consolidation it is all about the support and resistence lines
From what I understand it is all about guaging how strong the support and resistence at the level
for example : if the H1 Romar is support, the price can be supported, but also can be pierced through
if the H1 Romar is support AND it is also the same level as H2 EMA, that means it is a STRONGER support, less likely to be pierced through
of course, there is no guarantee here or rules here.. as far as what I can tell is just guaging how strong it is and trade between the lines

 
 
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