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The Paradox System

  • #12,261
  • Nov 22, 2017 8:47am Nov 22, 2017 8:47am
Quoting pipon
{quote} Trade Evaluation : finally got +40 pips. The trade took more then 24 hours because I broke the rule of trading in consolidation from the center... Learned a lesson in patience. Pipon
Hello Pipon, what was your entry price?

Edit: Nevermind i just noticed your trade was from 24 hours ago and not yesterday.
  • #12,262
  • Nov 22, 2017 8:49am Nov 22, 2017 8:49am
Quoting learn2fly
TRADING PLAN Date: 22/11/2017 News : High impact news on USD 13.30 GMT Daily: Open at ROMAR and 23.6 Green Fib ROMAR - Support EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing : Down Last EMA Alert Arrow : Red/Down Last DB Attachment: DB attached at Bottom 131.159 Fibo up or down:Fibo is Green/Up Notes: D1 is on consolidation with ROMAR at 23.6 will be support and purple is Resistance 4 HR: ROMAR - Resistance EMA - Resistance PSAR - Support (eliminated because White cross Purple) Last DB Attachment: DB attached at Bottom 131.159...
Result: no trade
Self evaluation: the market down as i projected in trading plan, but because i was late for 22:00 GMT candle i wait for.retracement
The best spot i think was on 22:00 GMT and 08:00 GMT when retrace to H2 EMA resistance
I Will Never Give Up
  • #12,263
  • Nov 22, 2017 10:21am Nov 22, 2017 10:21am
Hello Traders

Here is my +40 for today:

2hr Chart:

Attached Image (click to enlarge)
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The 2hr chart has been a little tight today and yesterday. The Daily is in a strong uptrend, with 2hr and 4hr fibs down. I have been keeping my eyes out for a pullback to Daily ROMAR as per the rules but hasn't happened as yet so I just keep hitting the longs until the Paradox tells me otherwise.

1hr Chart:

Attached Image (click to enlarge)
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Yesterday I wasn't around for the entry, but today I was. The reason I used the 1hr is because of volatility and using support to make sure I have 40 pips to the next resistance level. If I had waited on a 2hr close then I would not have 40 pips to resistance so it made sense to use the 1hr. Its not that often I use it but it is perfect for situations such as this where things are quite tight.

As you can see I had Confluence of 1hr BB, ROMAR, 2hr BB and SAR, and it was also the 61.8% and White on the Daily chart.

Here is the print:

Attached Image (click to enlarge)
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Here is just another example of how multi-faceted the Paradox is in guiding you to the pips.

Hope that helps!

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,264
  • Nov 22, 2017 1:38pm Nov 22, 2017 1:38pm
Quoting Therapsid
Outcome: Took +40 from the Market Self-evaluation: Pleased with my trading plan that played out accordingly. TP hit 5 minutes before the 8:30 USD news just as I was preparing to exit per the rules. Perfect timing! Very Grateful indeed to Dana and many others on this thread this Thanksgiving Holiday for all that I've leaned (and have yet to learn). Happy Holiday to my US friends! {image}
Hello traders - been pretty busy as I did not have lunch today to get on the thread. I have a little time right now; so I will evaluate Mark's trade now and get to the rest later.

Mark - thank you for posting your trading plan and entry. I know you got it - but without posting your trading plans make other's wonder. Excellent trading plan and trade, and what I would like for you do to is continue to post your plans and trades but do so after the fact. This way you will be able to help the other traders in seeing options of trading. I really appreciate your involvement in helping the others so continue the great work..
The Dove - Forex Trainer
  • #12,265
  • Nov 22, 2017 3:42pm Nov 22, 2017 3:42pm
Hi Guys, here is my trading plan for today. It is kind of chasing the market maybe not but please let me know your views and comments of my mistakes, I will be glad to hear them.
EURJPY - DATE - 11/22/2017
ROMAR: Support
EMA: Support
Parabolic: Resistance

Note: The daily is in consolidation with parabolic being resistance, EMA trying to cross purple to become resistance, DB attached at 131.15, 23.6% fibo resistance and 0 % support and MACD below zero.
2 H: Opening- 131.447
ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance

Note: All inicators pointing down, MACD below zero, DB attached at 131.41, Fibo green.

1 H:
ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance

Note: All indicators pointing down, MACD below zero, DB and SAR connected at 131.41.

Final Notes:
The market is in consolidation. In consolidation we trade off of support and resistance and DB/SAR give us our entries and exits. In this trade I went long while DB in 2H and DB/SAR in hour was connected. While the market is trading below ROMAR support in daily it could bounce off from that support but it could also go down deeper because we are having EMA at Purple crossing also the trading day is near to its end and we are still having the market below ROMAR support. Actually, I didn't pay much attention to the daily, just found that the daily is in consolidation and came to the 2h to trade it.

Entry: My entry was at 131.46
P.S: Please take a look at my charts too, whether they are correct or not, because it is the first time I am uploading my charts to the thread and still don't whether I am having the correct charts or not.
Thanks,
Hasan.
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  • #12,266
  • Nov 22, 2017 4:02pm Nov 22, 2017 4:02pm
Quoting Omarhasan12
Hi Guys, here is my trading plan for today. It is kind of chasing the market maybe not but please let me know your views and comments of my mistakes, I will be glad to hear them. EURJPY - DATE - 11/22/2017 ROMAR: Support EMA: Support Parabolic: Resistance Note: The daily is in consolidation with parabolic being resistance, EMA trying to cross purple to become resistance, DB attached at 131.15, 23.6% fibo resistance and 0 % support and MACD below zero. 2 H: Opening- 131.447 ROMAR: Resistance EMA: Resistance Parabolic: Resistance Note: All inicators...
Hello. You need the correct resolution (39 candles with half of the 40th showing), the broker forex .com (not sure if you have that now), and the H4 chart for reference to support and resistance (very useful).
  • #12,267
  • Nov 22, 2017 4:41pm Nov 22, 2017 4:41pm
Quoting HappyFaces
{quote} My trade didnt close because the Spread. From my entry to the lowest price before the News was 44pips, but my trade didnt close. So i took 35pips 5 minutes before the news. I think my entry was good, i only have a question about the Lower BB. That is a stopper? Should i didnt trade?
OK HappyFace - Your entry was good because of several confluence for the short. The H2 and H4 were in compliance for the short with H4 EMA sliding over Purple. And then the Fibo's resistance. Plus you had the H4 SAR on top heading for the bottom; which means the H2 SAR on the bottom must apply itself with the H4 SAR to hit bottom also. Apparently the Market volatility is down with the USA holiday coming up tomorrow. A very good job of pulling out with profit before the High Impact release.
The Dove - Forex Trainer
  • #12,268
  • Nov 22, 2017 4:50pm Nov 22, 2017 4:50pm
Quoting pipon
{quote} Trade Evaluation : finally got +40 pips. The trade took more then 24 hours because I broke the rule of trading in consolidation from the center... Learned a lesson in patience. Pipon
I am very proud of you Pipon. It takes courage and heart to ride your trade out. At the end it was worth it with profit. Most traders would find any excuse to close their trade. You was in the right trade with the wrong entry. I am sure you had learned a lot with this trade. Excellent job in staying with it.
The Dove - Forex Trainer
  • #12,269
  • Nov 22, 2017 5:02pm Nov 22, 2017 5:02pm
Quoting Bsverma
{quote} self evaluation - after long time closed trade before usd news 35 pip may be this trade not from resistance so not hit to target in between market up and down my interpreted wrong i should be entry from resistance
Bsverma - you need to get your charts right. I have no idea the monitor you have but it is not doing the job for you. The major problem you are having is not applying the right rules for your entry which means you are trading blindly; and with your charts being wrong does not help you at all.
The Dove - Forex Trainer
  • #12,270
  • Nov 22, 2017 6:03pm Nov 22, 2017 6:03pm
Quoting dove_alliance
{quote} Bsverma - you need to get your charts right. I have no idea the monitor you have but it is not doing the job for you. The major problem you are having is not applying the right rules for your entry which means you are trading blindly; and with your charts being wrong does not help you at all.
thank you very much to reply sir i am sorry for monitor because i am use laptop i not have computer so may be my fibo wrong sir i wiil purchase but this time i am learning purpose use it
  • #12,271
  • Nov 22, 2017 6:06pm Nov 22, 2017 6:06pm
Date:24 November 2017 00:00 Broker TIME NO RED NEWS

Daily
ROMAR:Support
EMA:Resistance
PSAR:Resistance

Check List
Last MACD 0 Crossingown
Last EMA Alert Arrowown
Last DB/SAR AttachmentB/SAR Bottom at 131.155
Fibo Up or Down:Fibo is Green Up

Notes:
Daily Chart 4 horsemen for the Downtrend with Parabolic Resistance. Purple is crossing ROMAR and EMA is pointing with full 4 horsemen for the Down.

**********************************

4 Hour Chart
ROMAR:Resistance
EMA:Resistance
PSAR:Resistance

Check List
Last DB/SAR AttachmentB Bottom and SAR Bottom in different candle.
Fibo Up or Down:Fibo is Up

Notes:
H4 IS FULL DOWNTREND

********************************

2 Hour Chart
ROMAR:Resistance
EMA:Resistance
PSAR:Resistance

Check List
Last MACD 0 Crossingown
Last EMA Alert Arrowown
Last DB/SAR AttachmentB Bottom at 131.155 and SAR Bottom in different candle
Fibo Up or Down:Fibo is Down

Notes:
H2 is in full Downtrend with Red Fibo, and we are between 61.8 and 100.

*********************
1 Hour Chart
ROMAR:Resistance
EMA:Resistance
PSAR:Resistance

Check List:
Last MACD 0 CrossingDown
Last EMA Alert Arrowown

Notes:
We are in Full Downtrend with Green Fibo

************************************

Final Notes for all 4 Charts:
We are in Full Downtrend in H4 H2 and H1. In Daily with are in Full 4 Horsemen for the Down, purple is crossing Romar and the 4 horsemen are pointing heavy for the cross of Romar for change it to Downtrend.
We still are in Consolidation because ROMAR in Daily is Support, but with 4 Horsemen in H4 H2 H1 FULL DOWNTREND I cant see any opportunity for going long from the bottom.
Im going to wait for the retracement in H2, looking between EMA - SAR - Parabolic for pleace my short order.


Entry:
Consolidation:
Long:
Short:
  • #12,272
  • Nov 22, 2017 6:27pm Nov 22, 2017 6:27pm
Quoting Omarhasan12
Hi Guys, here is my trading plan for today. It is kind of chasing the market maybe not but please let me know your views and comments of my mistakes, I will be glad to hear them. EURJPY - DATE - 11/22/2017 ROMAR: Support EMA: Support Parabolic: Resistance Note: The daily is in consolidation with parabolic being resistance, EMA trying to cross purple to become resistance, DB attached at 131.15, 23.6% fibo resistance and 0 % support and MACD below zero. 2 H: Opening- 131.447 ROMAR: Resistance EMA: Resistance Parabolic: Resistance Note: All inicators...
Well Hasan - to start with you need to read everything on this thread from page 1 in which you have not done. To begin with you need to get your charts right; and from the beginning of this thread, it gives detail information in how to get your charts right. Next - you need to know ALL the rules with trading and with the Paradox. Until we see the rules being apply on your notes for every chart with your trading plans we cannot help you.
The Dove - Forex Trainer
  • #12,273
  • Edited 10:31pm Nov 22, 2017 8:53pm | Edited 10:31pm
TRADING PLAN
Date: 23/11/2017

News : Medium impact news on EUR 08.00 GMT

Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing : Down
Last EMA Alert Arrow : Down
Last DB Attachment: DB attached at Bottom 131.159
Fibo up or down:Fibo is Green/Up

Notes: D1 is on consolidation downtrend with ROMAR and FIbo as support. Imbalance with purple

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Last DB Attachment: DB attached at Bottom 131.159 and SAR is on BOTTOM 131.221
Fibo up or down: Fibo is Green/Up

Notes: Downtrend with SAR at bottom with Gold Divergence

2 HR:

ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: DB attached at Bottom 131.159 and SAR at bottom 131.221 with gold divergence
Fibo up or down:Fibo is Red

Notes: H2 is downtrend, with SAR at bottom with gold divergence

1 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Red
Fibo up or down:Fibo is Green Up

Notes: Downtrend with fibo green and FIbo 23.6 as support

Final Notes : H2 and H4 downtrend with SAR at bottom and Gold divergence attached, D1 ROMAR still Support and DB is at bottom so next attachment is Up

Projected Entry: Looking for long, when D1 ROMAR show the power, H1 PSAR flip, H2 white cross purple

Consolidation:
Long: H2 open above smooth when white cross purple (edit: wait for H2 PSAR flip and EMA cross purple)
Short:
Notes for readjustments: H2 close far above smooth, and open at PSAR resistance, confluence with D1 purple Resistance. lose of momentum, so i'll wait for H2 EMA cross purple and PSAR flipp

Entry :
I Will Never Give Up
  • #12,274
  • Edited 10:02pm Nov 22, 2017 9:49pm | Edited 10:02pm
DAILY PLANDate: 23/11/2017

News Impact local time GMT+2:
High:
Medium: 10:00, 10:30,11:00,14:30
Low:

Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing : The crossing is Down
Last EMA Alert Arrow : Red arrow is Down
Last DB Attachment: DB attached at Bottom 131.15 (next attachment must be on top)
Fibo up or down:Fibo is Green Up from bottom

Notes:Market is out of balance, retrace towards purple is expected to balance market
4horsemen in full blown downtrend (EMA crossed smooth)
Romar support crossed purple.

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: The crossing is Down
Last EMA Alert Arrow: Red arrow is Down
Last DB Attachment: SAR is attached at bottom 131.21 with gold divergence and DB attached at bottom 131.15
Fibo up or down: Fibo is Green Up from Top

Notes:4horsemen downtrend


2 HR:
OPEN PRICE -131.46
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: The crossing is Down
Last EMA Alert Arrow: REd arrow is Down
Last DB Attachment: SAR is attached at bottom 131.21 with gold divergence and DB attached at bottom 131.15
Fibo up or down:Fibo is Green Up from bottom

Notes: Romar and 4horsemen downtrend


1 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: The crossing is UP
Last EMA Alert Arrow: Red arrow is down
Last DB Attachment: NA
Fibo up or down:Fibo is Green Up from bottom

Notes: Romar, EMA are in downtrend, white,smooth crossed purple eliminating psar as a resistance.


Final Notes for all four charts:
We are in consolidation, all 4TF indicates strong downtrend.
Daily market is out of balance, retrace is expected towards purple resistance

Entry:
Consolidation:
Long:
Short: Went short at extreme resistance since we are in consolidation.
Confluence resistance , Daily market retrace to purple, 2HR touch psar, 1HR touch 61.8 fibo

Notes for readjustments:
*************************************************************
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  • #12,275
  • Nov 22, 2017 9:54pm Nov 22, 2017 9:54pm
Hi everyone...please check my charts below. Am I seeing a correct chart setup?
Thanks.
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  • #12,276
  • Nov 22, 2017 9:59pm Nov 22, 2017 9:59pm
Quoting HappyFaces
Date:24 November 2017 00:00 Broker TIME NO RED NEWS Daily ROMAR:Support EMA:Resistance PSAR:Resistance Check List Last MACD 0 Crossingown Last EMA Alert Arrowown Last DB/SAR AttachmentB/SAR Bottom at 131.155 Fibo Up or Down:Fibo is Green Up Notes: Daily Chart 4 horsemen for the Downtrend with Parabolic Resistance. Purple is crossing ROMAR and EMA is pointing with full 4 horsemen for the Down. ********************************** 4 Hour Chart ROMAR:Resistance EMA:Resistance PSAR:Resistance Check List Last DB/SAR AttachmentB...

I see the H1 Chart in the bottom and close in there... For me that was a opportunity for Buy, because in Daily we have 4 horsemen for the Down but ROMAR still Support (Consolidation) and we were in the bottom of all the Fibos.

H1 Chart.

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But i didnt entry because in my plan i said im going to wait for the retracement EMA - SAR - Parabolic.

H2 Entry for Short

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  • #12,277
  • Nov 22, 2017 10:09pm Nov 22, 2017 10:09pm
Quoting killerxover
Hi everyone...please check my charts below. Am I seeing a correct chart setup? Thanks. {image} {image} {image}
The spread matches mine, but DB/SAR is to be deleted off the H1 chart. Also, the H4 template should be somewhere at the paperclip at the top of the page, make sure you include that in your charts.
  • #12,278
  • Nov 22, 2017 10:21pm Nov 22, 2017 10:21pm
Quoting Nikitafen
{quote} The spread matches mine, but DB/SAR is to be deleted off the H1 chart. Also, the H4 template should be somewhere at the paperclip at the top of the page, make sure you include that in your charts.
Plus - he has the wrong SAR.
The Dove - Forex Trainer
  • #12,279
  • Nov 22, 2017 10:55pm Nov 22, 2017 10:55pm
Thanks Nikitafen & Master Dove. Would you check again my charts below. If the SAR is still wrong, I think I dont know how to fix it. Could you please help me out of this. Thanks again.
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  • #12,280
  • Edited 11:45pm Nov 22, 2017 11:09pm | Edited 11:45pm
HappyFaces
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