I was was watching that trade and saying why is he trading right into the psar?- even though I "knew" (was suppose to know) it was eliminated as support. Sweet trade along with ema alert and macd.
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The paradox System 2023 (for beginners) 716 replies
Paradox System: post your entry here 12 replies
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Learning the Paradox System=Set up / Trade Plan / Results Only 1 reply
Disliked{quote} Self evaluation: +40 pips. Market went straight down, it was a good trade I followed the rules and had patience.Ignored
Disliked{quote} Good One Adaptation! As we're pausing on this trade I have a question based on an in the moment observation. Adaptation (or anyone), when entry was made at opening of 5:00 EST was the SAR attached to the bottom? I know that it was by the close of that bar, when it touched the PSAR. Then as it moved south DB attached (as it still is). Apparently since the SAR wasn't mentioned in either the trading plan or entry notes it hadn't shown up yet. I was considering a short at roughly this point but when I was looking at it the SAR was attached offering...Ignored
DislikedGood point mate. From hrs and hrs of watching the charts recently, my view (may be incorrect) is that the DB/SAR is especially powerless when the four horsemen are in flow - even when both divergences attach.....but then you take yesterday afternoon's attachment at the bottom (128.566) and the DB/SAR with both divergences then appear to have power over the four horsemen. Difference? We have the BB touch at the bottom... Then Wednesday at 129.736 I was waiting for the DB/SAR to attach after BB strike, which it did around the Parabolics, then keep...Ignored
Disliked{quote} Therapsid - when this subject was brought up a week or two ago - your question was answered. So go back and read about.Ignored
DislikedGood point mate. From hrs and hrs of watching the charts recently, my view (may be incorrect) is that the DB/SAR is especially powerless when the four horsemen are in flow - even when both divergences attach.....but then you take yesterday afternoon's attachment at the bottom (128.566) and the DB/SAR with both divergences then appear to have power over the four horsemen. Difference? We have the BB touch at the bottom... Then Wednesday at 129.736 I was waiting for the DB/SAR to attach after BB strike, which it did around the Parabolics, then keep...Ignored
Disliked{quote} Therapsid - when this subject was brought up a week or two ago - your question was answered. So go back and read about.Ignored
DislikedAt this time I would like to use Adaptation as an example of what every trader should be doing. In the beginning, Adaptation was asking a lot of questions that had already been answered. His first posting was June 3rd of this year introducing himself and stated he has already been studying the Paradox for about a month. But the questions kept coming and he was constantly guided to study the system and his questions would be answered. It was not until I made it a requirement to post the rule(s) for the entry on all trading plans did his attitude...Ignored
DislikedWarts and all Date: EURJPY 24-7-17 1000 Sydney Time CHECK NEWS RELEASE BEFORE TRADING Yes - if No...... STOP .....do not proceed with Plan Daily: Open bar on Purple & below PSAR ROMAR - Support EMA - Support PSAR - Resistance - Elim Check List: Last MACD 0 crossing Down Last EMA Alert Arrow Up Last DB Attachment 130.753 Fibo up or down Down Notes: Consolidation. SAR on top. Purple x Smooth back for up after the slider down. EMA stayed in support. 4 HR: ROMAR: Support EMA: Support PSAR: Resistance - not locked in. 2 HR: OPEN PRICE - 129.556 ROMAR...Ignored
DislikedDate : 24-07-2017 @ 03:00 EST (09:00 CET) Daily : ROMAR - Support EMA - Support PSAR - Resistance Check List: Last MACD 0 crossing : Down Last EMA Alert Arrow : Up Last DB Attachment : Top @ 130.753 Last SAR Attachment : Top @ 130.492 Fibo up or down : Down Notes : Daily in ranging mode. Last DB and SAR attachment were at top. EMA holding support. Smooth holding resistance. PSAR still resistance 2 HR: OPEN PRICE - 129.567 ROMAR - Support EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing : Down Last EMA Alert Arrow : Down Last DB...Ignored
Dislikedstarting work a little earlier so here's my plan for today. Date: 24/07/17 5.55 GMT EUR/JPY Daily: Open above Purple ROMAR - Support EMA - Support PSAR Resistance E Check List: Last MACD 0 crossing: Down Last EMA Alert Arrow: UP Last DB Attachment: 130.753 top Fibo: Down Notes: The Daily has the 4 horsemen running flat and tight. Romar still holding support long term. The DB attached at the high at the 0 red fibo with now magenta tag, No green divergence. MACD below 0. SAR attached on the top. Romar out of trading area. BBs still closing up. 2 HR:...Ignored