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The Paradox System

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  • Post #17,081
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  • Mar 11, 2021 5:42pm Mar 11, 2021 5:42pm
  •  Lakers
  • | Joined Dec 2018 | Status: Member | 312 Posts
March 11th, EUR/JPY.
Session: New open bar
Red News:

Daily:
ROMAR: Support
EMA: Support
PSAR: Support
Checklist:
Last MACD 0 Cross: Up
Last EMA arrow: Up
Last DB attachment: 130.042
Last SAR attachment: Together with DB
Fibo: Red/Down

Notes: The Daily is showing imbalanced with Purple and also showing an uptrend. DB/SAR with both Divergence showing connection at the top Fibo "0".

H4:
ROMAR: Support
EMA: Support
PSAR: Support
Checklist:
Last DB attachment: 130.042
Last SAR attachment: Together with DB
Fibo: Red/Down

Notes: H4 is up. DB/SAR with both Divergence showing connection at the top Fibo "0". BB are opening up.

H2:
ROMAR: Support
EMA: Support
PSAR: Support
Checklist:
Last MACD 0 Cross: Up
Last EMA arrow: Up
Last DB attachment: 130.042
Last SAR attachment: Together with DB
Fibo: Red/Down

Notes: H2 is up. DB/SAR with both Divergence showing connection at the top Fibo "0". H2 upper BB opened.

H1:
ROMAR: Support
EMA: Support
PSAR: Support
Checklist:
Last MACD 0 Cross: Up
Last EMA arrow: Up
Fibo: Red/Down

Notes: In sync with H2.


Final Notes: The Daily is imbalance with Purple and can be showing a double top. The market is in an uptrend after a breakout and showing both Divergence connection on the Daily H4 H2 on the Fibo "0" resistance. Every Fibo is red/down.
Note hidden Divergence can be showing the end of a trend.

Projected Long: Will wait for a retrace towards support to go long and for the spread to lower.
Trend Support/Resistance
 
 
  • Post #17,082
  • Quote
  • Mar 11, 2021 7:36pm Mar 11, 2021 7:36pm
  •  Lakers
  • | Joined Dec 2018 | Status: Member | 312 Posts
Quoting Lakers
Disliked
March 11th, EUR/JPY. Session: New open bar Red News: Daily: ROMAR: Support EMA: Support PSAR: Support Checklist: Last MACD 0 Cross: Up Last EMA arrow: Up Last DB attachment: 130.042 Last SAR attachment: Together with DB Fibo: Red/Down Notes: The Daily is showing imbalanced with Purple and also showing an uptrend. DB/SAR with both Divergence showing connection at the top Fibo "0". H4: ROMAR: Support EMA: Support PSAR: Support Checklist: Last DB attachment: 130.042 Last SAR attachment: Together with DB Fibo: Red/Down Notes: H4 is up. DB/SAR with both...
Ignored
Entry: Going long TP/SL 40pips
In a trending market we can use any 4 horsemen for an entry.
Took the entry after hit on H2 Purple support. The Daily H4 H2 H1 is up. H4 H2 BB are opened.

Risk: The Daily H4 H2 hidden Divergence can be showing the end of a trend.

Attached Image (click to enlarge)
Click to Enlarge

Name: 7d39a69972b1ae5b48e36586c397259b.png
Size: 74 KB
Trend Support/Resistance
 
 
  • Post #17,083
  • Quote
  • Mar 12, 2021 3:42pm Mar 12, 2021 3:42pm
  •  Lakers
  • | Joined Dec 2018 | Status: Member | 312 Posts
Quoting Lakers
Disliked
{quote} Entry: Going long TP/SL 40pips In a trending market we can use any 4 horsemen for an entry. Took the entry after hit on H2 Purple support. The Daily H4 H2 H1 is up. H4 H2 BB are opened. Risk: The Daily H4 H2 hidden Divergence can be showing the end of a trend. {image}
Ignored
Self-evaluation: Market is closing soon, so I will close the trade manually for +23.
Regardless this was not a good entry. The entry was not right for this scenario.
In this scenario, at the entry we had both Divergence showing at red Fibos "0" resistance on the Daily H4 H2, so a retrace towards a support with SAR showing had to happen.
(in hindsight and learning purposes) The Paradox H2 14:00 bar shows the perfect entry. H2 EMA Purple good distance for no cross, H2 Parabolic EMA as support with SAR showing in a trending market. Also H4 SAR showing on EMA support and TP is before Fibo red "0" resistance.
What I could have done better is understand what is the Paradox is saying in the moment, so patience was key but I admit I had fear of missing out on the trend. I must not let my fear of missing out make the entry, because only the Paradox will tell you when to enter.

**Please do not take my word for anything in the Paradox, as I am just a student learning the Paradox**
**For any new student interested in the Paradox, I strongly recommend to only learn from Master Dana's post, or any Elite with previous LIVE trading plan to show that has been approved an Elite by Master**
Trend Support/Resistance
 
 
  • Post #17,084
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  • Mar 12, 2021 10:21pm Mar 12, 2021 10:21pm
  •  mexican301
  • | Joined Aug 2013 | Status: Member | 159 Posts
Quoting mexican301
Disliked
Date: 12/03/2021 Currency: Eur/Jpy should be a pull back to Psar for the entry north Market type: trend
Ignored
The market hit where i said it would, but i was unable to be awake at this time due to work commitmets to enter with the close of the 1200 candle.
Following the Trend rules i described would of netted me 40 pips profit pluss the spread.
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Causa sui
 
1
  • Post #17,085
  • Quote
  • Mar 14, 2021 5:08pm Mar 14, 2021 5:08pm
  •  Lakers
  • | Joined Dec 2018 | Status: Member | 312 Posts
March 14th, EUR/JPY.
Session: New Daily bar
Red News:

Daily:
ROMAR: Support
EMA: Support
PSAR: Support
Checklist:
Last MACD 0 Cross: Up
Last EMA arrow: Up
Last DB attachment: 130.377
Last SAR attachment: Together with DB
Fibo: Red/Down

Notes: The Daily is showing imbalanced with Purple and up. DB/SAR with both Divergence showing connection at the top Fibo "0".

H4:
ROMAR: Support
EMA: Support
PSAR: Support
Checklist:
Last DB attachment: 130.377
Last SAR attachment: Together with DB
Fibo: Red/Down

Notes: H4 is up. DB/SAR with both Divergence showing connection at the top Fibo "0". BB are opening up. White Purple at the crossing.

H2:
ROMAR: Support
EMA: Support
PSAR: Support
Checklist:
Last MACD 0 Cross: Up
Last EMA arrow: Up
Last DB attachment: 130.377
Last SAR attachment: Together with DB
Fibo: Red/Down

Notes: H2 is up. DB/SAR with both Divergence showing connection at the top Fibo "0". Note Parabolic EMA are close by. H2 may be showing a double top.

H1:
ROMAR: Support
EMA: Support
PSAR: Support
Checklist:
Last MACD 0 Cross: Up
Last EMA arrow: Up
Fibo: Red/Down

Notes: In sync with H2.


Final Notes: The Daily opened above Purple is imbalanced with Purple (2bars). Market is showing a new HH after a retrace to support with SAR showing. The Daily H4 H2 is up, and DB/SAR standard hidden Divergence showing connection on Fibo red "0"resistance. Fibos are red/down.
Romars all support. Note H2 may be showing a double top, and H2 EMA Parabolic close by.

Projected short: Looking to short for the Daily to rebalance with Purple.
Trend Support/Resistance
 
 
  • Post #17,086
  • Quote
  • Mar 14, 2021 11:16pm Mar 14, 2021 11:16pm
  •  Lakers
  • | Joined Dec 2018 | Status: Member | 312 Posts
Quoting Lakers
Disliked
March 14th, EUR/JPY. Session: New Daily bar Red News: Daily: ROMAR: Support EMA: Support PSAR: Support Checklist: Last MACD 0 Cross: Up Last EMA arrow: Up Last DB attachment: 130.377 Last SAR attachment: Together with DB Fibo: Red/Down Notes: The Daily is showing imbalanced with Purple and up. DB/SAR with both Divergence showing connection at the top Fibo "0". H4: ROMAR: Support EMA: Support PSAR: Support Checklist: Last DB attachment: 130.377 Last SAR attachment: Together with DB Fibo: Red/Down Notes: H4 is up. DB/SAR with both Divergence showing...
Ignored
Adjustment: Will change the projected short to projected long.

Entry: Going long TP/SL 40pips, when the market is trending we can use any 4 horsemen for an entry.
H1 open bar opened above Purple support, and H1 BB are opened. H2 H1 in sync for the up.
Daily H4 is up. Entry is at H2 Purple support.

Risk: The hidden divergence may be showing the end of the trend.

Attached Image (click to enlarge)
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Trend Support/Resistance
 
 
  • Post #17,087
  • Quote
  • Mar 15, 2021 6:12am Mar 15, 2021 6:12am
  •  Bacco
  • Joined Aug 2020 | Status: Member | 803 Posts
Good morning everybody. usa moved to day light saving time. I ve tried to move the time of the indicator ( i am trading from london) but the system doesnt allow me to save the changed time.
Could someone help me please?
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Twitter: Rummer_grapes
 
 
  • Post #17,088
  • Quote
  • Edited 2:56pm Mar 15, 2021 2:23pm | Edited 2:56pm
  •  Lakers
  • | Joined Dec 2018 | Status: Member | 312 Posts
Quoting Bacco
Disliked
Good morning everybody. usa moved to day light saving time. I ve tried to move the time of the indicator ( i am trading from london) but the system doesnt allow me to save the changed time. Could someone help me please? {image} {image}
Ignored
Hello Bacco, put -1 on "Sydney" and then put any time (ex. 12:00) on "London" until you get the right session separator at the London bar.
Or try to change the “gmtserveroffset” to a different number.
Trend Support/Resistance
 
 
  • Post #17,089
  • Quote
  • Mar 15, 2021 2:43pm Mar 15, 2021 2:43pm
  •  Lakers
  • | Joined Dec 2018 | Status: Member | 312 Posts
Quoting Lakers
Disliked
{quote} Adjustment: Will change the projected short to projected long. Entry: Going long TP/SL 40pips, when the market is trending we can use any 4 horsemen for an entry. H1 open bar opened above Purple support, and H1 BB are opened. H2 H1 in sync for the up. Daily H4 is up. Entry is at H2 Purple support. Risk: The hidden divergence may be showing the end of the trend. {image}
Ignored
Self-evaluation: Trade is unsuccessful.
I have broken the rule. The Divergences was showing resistance, and the entry was at resistance to go long. Only trade from support to go long, and resistance to go short.
What I learn and what I did not visualize during the entry;
During that time the market showed a gap down. H2 gap down made a retrace to H2 EMA support from the HH during that time, and then after the hit on
H2 EMA support, H2 made a move up for a new HH. The entry was around that new HH.
The market will always move from support to resistance and vice-versa in the Paradox. So taking the entry close to the HH resistance after the market was from H2 EMA support was extremely dangerous because next move from resistance is to go to support.
Also including DB/SAR standard hidden Divergence showing connection at the top as visual that the market is to retrace.

**Please do not take my word for anything in the Paradox, as I am just a student learning the Paradox**
Trend Support/Resistance
 
 
  • Post #17,090
  • Quote
  • Mar 15, 2021 2:56pm Mar 15, 2021 2:56pm
  •  Bacco
  • Joined Aug 2020 | Status: Member | 803 Posts
Quoting Lakers
Disliked
{quote} Hello Bacco, put -1 on "Sydney" and then put any time (ex. 12:00) on "London" until you get the right session separator at the London bar.
Ignored
This is what i see when i try to save. Then i click on save, exit the platform, enter again, and the time is back as before. I cant train in this conditions
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Size: 97 KB
Twitter: Rummer_grapes
 
 
  • Post #17,091
  • Quote
  • Mar 15, 2021 3:09pm Mar 15, 2021 3:09pm
  •  Lakers
  • | Joined Dec 2018 | Status: Member | 312 Posts
Quoting Bacco
Disliked
{quote} This is what i see when i try to save. Then i click on save, exit the platform, enter again, and the time is back as before. I cant train in this conditions {image}
Ignored
Are you using the template that Master Dana's provided?
Did you add anything to the original template?
Trend Support/Resistance
 
 
  • Post #17,092
  • Quote
  • Mar 15, 2021 3:15pm Mar 15, 2021 3:15pm
  •  Pandakker
  • | Joined Feb 2011 | Status: Learning | 110 Posts
Attached Image (click to enlarge)
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Name: 7bb2c799ed10a7890089335f23c48063.png
Size: 110 KB

This are the settings you can use for H2 and H1

If you use forex dot com (uk server)
 
 
  • Post #17,093
  • Quote
  • Mar 15, 2021 3:18pm Mar 15, 2021 3:18pm
  •  Pandakker
  • | Joined Feb 2011 | Status: Learning | 110 Posts
Attached Image (click to enlarge)
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Name: 2ec9fe271572c090d41a2a520e86e6f6.png
Size: 67 KB

And CandleCountDown to these settings
 
 
  • Post #17,094
  • Quote
  • Mar 15, 2021 8:31pm Mar 15, 2021 8:31pm
  •  downunderfx
  • | Joined Feb 2018 | Status: Member | 127 Posts
Here's my plan for today (albeit a little late).

NEWS No Red News this session
DAILY CHART - DATE: Tue 16th Mar 21


ROMAR: Support
EMA: Support
Parabolic: Support
Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow Down
Last DB Attachment High (with SAR and both Divergences) at 0 red fib (Magenta box)
Fibo up or down Down
NOTES: Uptrend against Red Fib. Market going sideways? To balance with Purple.




4 HOUR CHART:

ROMAR: Support
EMA: Support
Parabolic: Support (Eliminated)
Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow
Last DB Attachment High at 0 Red Fib with SAR and both Divergences.
Fibo up or down Down
NOTES: ROMAR and EMA uptrend with EMA slider



2 HOUR CHART:

Opening Price: 130.145
ROMAR: Support
EMA: Resistance
Parabolic: Rersistance (Eliminated/ing)

Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow Down (Same bar)
Last DB Attachment Low with Std Divergence
Fibo up or down Down
NOTES: Consolidation, 4 HM Congestion, Slider (See EMA alert arrow). ROMAR uptrend.





1 HOUR CHART:

ROMAR: Support
EMA: (on the verge of) Support
Parabolic: Support
Check List:
Last MACD 0 Crossing Up
Last EMA Alert Arrow Up
Last DB Attachment
Fibo up or down Down
NOTES: 4HM slider just turning up.



NOTES (All four charts): Daily uptrend, ROMAR uptrends all other charts. Sliders H1, H2 and H4
All Fibs down
Trading Chart: ROMAR uptrend and EMA slider around 23.6 Fib (support)

Entry: Long with White cross Purple and Smooth cross Purple and open above EMA on H2
 
 
  • Post #17,095
  • Quote
  • Mar 15, 2021 9:40pm Mar 15, 2021 9:40pm
  •  downunderfx
  • | Joined Feb 2018 | Status: Member | 127 Posts
Entered long.
White crossed Purple, Smooth at Purple. Open above EMA.
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  • Post #17,096
  • Quote
  • Mar 16, 2021 5:19am Mar 16, 2021 5:19am
  •  Bacco
  • Joined Aug 2020 | Status: Member | 803 Posts
Thanks guys for the help. I ve menaged to change the time. I ve set 18.00, which place sydney opening at 8am, and server offset 4 which place london 4 hours ahead new york. But my 1h candle is closing at 12pm(london time) but here is 9.11 now, so it should show me the close at 10am, looks like is 2hours ahead
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Name: Cattura1.PNG
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Twitter: Rummer_grapes
 
 
  • Post #17,097
  • Quote
  • Mar 16, 2021 7:44am Mar 16, 2021 7:44am
  •  Bacco
  • Joined Aug 2020 | Status: Member | 803 Posts
Quoting Bacco
Disliked
Thanks guys for the help. I ve menaged to change the time. I ve set 18.00, which place sydney opening at 8am, and server offset 4 which place london 4 hours ahead new york. But my 1h candle is closing at 12pm(london time) but here is 9.11 now, so it should show me the close at 10am, looks like is 2hours ahead {image} {image}
Ignored
Edit: gmt server offset on the picture is 5 but i have changed already at 4 (4h ahead ny). And sydney is at 17.00. But i still have the same problem with the closing time of the candles.
Twitter: Rummer_grapes
 
 
  • Post #17,098
  • Quote
  • Mar 16, 2021 7:51am Mar 16, 2021 7:51am
  •  Bacco
  • Joined Aug 2020 | Status: Member | 803 Posts
Quoting Pandakker
Disliked
{image} This are the settings you can use for H2 and H1 If you use forex dot com (uk server)
Ignored
If we place 18.00 at sydney would actually be 9am for their opening (i think is wrong, forex reset at 17.00 ny).
And if i set gmt offset 5 this would place me 5hours ahead of ny when actually is only 4. and broker time offset? was set at 0 originally as i am in gmt time already but i see u suggested 3.
I live in london.
Thanks for the help i am trying to understand better
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Name: Cattura.PNG
Size: 65 KB
Twitter: Rummer_grapes
 
 
  • Post #17,099
  • Quote
  • Mar 16, 2021 10:23am Mar 16, 2021 10:23am
  •  Pandakker
  • | Joined Feb 2011 | Status: Learning | 110 Posts
I also live in Europe so if all is correct we both use the forex dot com UK-Demo 106 server.

When i look at MT4 the daily rollover is broker server time of 00:00
So if you take Sydney to 18:00 and add 6 hours to it you get 24:00 = 0:00

So with these settings you get the sessionIndicator line on a 0:00 bar which is the rollover time of 17:00 NY.

But if you take 19:00 for Sydney the gmtServeroffset is 5. Again if you add 5 to 19:00 you get 24:00
Or 17:00 and offset 7

Most important is to have the vertical sessionindicator on the right bar.

I hope this helps.
 
 
  • Post #17,100
  • Quote
  • Mar 16, 2021 10:43am Mar 16, 2021 10:43am
  •  Bacco
  • Joined Aug 2020 | Status: Member | 803 Posts
Quoting Pandakker
Disliked
I also live in Europe so if all is correct we both use the forex dot com UK-Demo 106 server. When i look at MT4 the daily rollover is broker server time of 00:00 So if you take Sydney to 18:00 and add 6 hours to it you get 24:00 = 0:00 So with these settings you get the sessionIndicator line on a 0:00 bar which is the rollover time of 17:00 NY. But if you take 19:00 for Sydney the gmtServeroffset is 5. Again if you add 5 to 19:00 you get 24:00 Or 17:00 and offset 7 Most important is to have the vertical sessionindicator on the right bar. I hope...
Ignored
I ve found this. Day has to close at 17.00(ny), then we change our off set based on that. Currently for me is +4 and im in gmt 0.

So i ve placed h1 at sydney 17.00 and gmt +4 and h2 at sydney 16.00 and gmt +3.

In the picture of Dana's post he said to put H1 sydney at 17.00 and gmt+5 and H2 sydney at 16.00 and gmt +4.

I didnt follow his gmt instruction as currently in uk we havent changed yet in daylight savings time.

In the 3rd picture i have another problem. As u can see the h1 is showing the next closing time of the candle at 17.00, but here is 14.30, but for the platform is like if i am at 4.30 going for the closing at 17.00.

Thanks and sorry but this is confusing me.
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Twitter: Rummer_grapes
 
 
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