The Paradox System | Page 619 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The paradox System 2023 (for beginners) 724 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

lets talk about the system called PARADOX 2 replies

Attachments: The Paradox System
Exit Attachments

The Paradox System

  • #12,361
  • Nov 28, 2017 4:03am Nov 28, 2017 4:03am
Quoting learn2fly
TRADING PLAN Date: 28/11/2017 News : 14.45 GMT USD red news Daily: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD 0 crossing : Up Last EMA Alert Arrow : Up Last DB Attachment: DB attached at Bottom 131.159 Fibo up or down:Fibo is Green/Up Notes: D1 is uptrend, fibo 36,2 holding as resistance, Smooth has not cross EMA yet 4 HR: ROMAR - Support EMA - Resistance PSAR - Resistance Last DB Attachment: DB attached at Top 133.229, SAR at bottom 132.071 Fibo up or down: Fibo is Red/Down Notes: consolidated downtrend, with 4 horsemen...
Ok according to my trading plan, so i after H1 ROMAR cross EMA, i wait for market retrace to support in H2
H2 ROMAR still support, and Smooth has cross white
Entry :
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 11-28-17 at 05.03 PM.PNG Size: 73 KB
I Will Never Give Up
  • #12,362
  • Edited 7:30am Nov 28, 2017 6:36am | Edited 7:30am
Quoting pipon
Entered LONG Daily - re-balanced with purple ROMAR is support on ALL charts and price is under ROMAR on 1H,2H and 4H ( ROMAR rule : price under ROMAR support - price will get above ROMAR) 2H- DB attached to bottom of current candle with Golden Diverg..
Trade update :
Trade still running , 19 hours now. was at 34+ and went back. now at +10 pips when price is at ROMAR on 1H,2h and4H.
Will lets it run. Last week I felt I learned to "feel" the PARADOX, today I do not have this feeling....

since the trade runs for so long it can't be a good trade, not meter how it will end.
  • #12,363
  • Nov 28, 2017 7:11am Nov 28, 2017 7:11am
Hello Traders

Here is my +40 for today.

Daily:

Attached Image (click to enlarge)
Click to Enlarge Name: 281117 Daily GBP.jpg Size: 376 KB


Here is the Daily showing the Uptrend. The fib on all charts have flipped to Red, and remember the Rule about EMA and ROMAR crossing?

Here is the 4hr:

Attached Image (click to enlarge)
Click to Enlarge Name: 281117 4hr GBP.jpg Size: 397 KB


4hr chart showing the PSAR flipped and the DB/SAR attached with the Light Sky Blue. We are heading to Support.

2hr:

Attached Image (click to enlarge)
Click to Enlarge Name: 281117 2hr entry.jpg Size: 394 KB


Here is the 2hr and entry. There was a long entry from the Open for a window of about 4-5 hours with the 1hr ROMAR as Support, but I was asleep. As soon as I woke up I looked at cTrader on my phone and saw a spike which I knew would have brought out the SAR for an entry towards Support.

I had to wait until 8am though as there was the Stress Test results at 7am and Governor Carney speaking at 7.30am. If you look at my entry, I had only 31 pips to ROMAR but I was looking ahead to the Fib Flip which was about 44 pips from my entry.

So tomorrow, or maybe before, I will be looking at the 4hr chart to see what happens at ROMAR, and if we are going to carry on down to Daily Support or chop around 4hr ROMAR.

Here is the print:

Attached Image (click to enlarge)
Click to Enlarge Name: 281117 Print.jpg Size: 21 KB


Hope it helps.

Regards

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,364
  • Nov 28, 2017 8:43am Nov 28, 2017 8:43am
Quoting HappyFaces
{quote} Short Entry. {image} The Trade Begin! ***HappyFaces***

5 minutes to Red News. Close the Trade for +15 pips. I think it was a good trade, just i have to close it because the news. But, if my trade is not hit before any news, is because it was a bad trade.
  • #12,365
  • Nov 28, 2017 8:44am Nov 28, 2017 8:44am
Quoting learn2fly
{quote} Ok according to my trading plan, so i after H1 ROMAR cross EMA, i wait for market retrace to support in H2 H2 ROMAR still support, and Smooth has cross white Entry : {image}
Close trade 5m before USD red news
Result: -2 pips
Self evaluation: i think i long too soon, i should wait for market open above ema to long. Because ema still resistance
About my projection i think is correct by looking for long, because D1 is going up after retracement, and H2 Romar comfirm it
I Will Never Give Up
  • #12,366
  • Nov 28, 2017 11:50am Nov 28, 2017 11:50am
Hello Traders (again)

I am not working tomorrow most likely as we are Christmas shopping so I took another trade, which just shot up because the UK/EU have agreed the divorce bill.

2hr:

Attached Image (click to enlarge)
Click to Enlarge Name: 281117 2hr 2.jpg Size: 400 KB


2hr shows the market close outside the BB. This also happened on the 1hr and 4hr. Market is in Daily trend but in a 2hr-4hr Cycle, ie Consolidation, so trading is from bottom up or top down.

What other rules can anyone mention?

UK/EU agree divorce bill apparently, so it was a very quick trade.

Print (with 12.5 pips positive slippage):

Attached Image (click to enlarge)
Click to Enlarge Name: 281117 Print 2.jpg Size: 32 KB


Hope that helps!

Cheers

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,367
  • Nov 28, 2017 12:06pm Nov 28, 2017 12:06pm
I also got that one Shaun, wasnt expecting to be that quick and thanks for your input.

Daily SAR was my input
Attached Image (click to enlarge)
Click to Enlarge Name: daily long.PNG Size: 5 KB
Stop killing our Oceans, Stop using single use plastics.
  • #12,368
  • Nov 28, 2017 2:05pm Nov 28, 2017 2:05pm
GREAT trade Shaun !
Back to trend with a close outside BB.... so easy looking back at it, yet I do not think I would see it in real time.

thanks for your posts, they really help !
  • #12,369
  • Nov 28, 2017 2:14pm Nov 28, 2017 2:14pm
Quoting pipon
Entered LONG Daily - re-balanced with purple ROMAR is support on ALL charts and price is under ROMAR on 1H,2H and 4H ( ROMAR rule : price under ROMAR support - price will get above ROMAR) 2H- DB attached to bottom of current candle with Golden Divergence
Trade evaluation :
Trade took 21 hours to close in a 40 pips LOSS
Clearly a bad trade , but Im not sure which rules I broke.
With ROMAR uptrend on all charts and going long below ROMAR support on 1H,2H and 4H I was sure Im on the right side of the trade (+ the golden DIV on 2H)
Can anybody tell what was my mistake ?
Thanks
  • #12,370
  • Nov 28, 2017 3:00pm Nov 28, 2017 3:00pm
Quoting pipon
{quote} Trade evaluation : Trade took 21 hours to close in a 40 pips LOSS Clearly a bad trade , but Im not sure which rules I broke. With ROMAR uptrend on all charts and going long below ROMAR support on 1H,2H and 4H I was sure Im on the right side of the trade (+ the golden DIV on 2H) Can anybody tell what was my mistake ? Thanks
Well Pipon - your mistake was going long with the DB/SAR on the bottom. The next attachment was with the SAR at the Parabolic; and that is where you should had entered for the short. Trading long in this scenario is a risk because you have no idea where the SAR is going to connect. With your trade the SAR showed up short of your 40. Your biggest mistake was going long while the 4 Horsemen where in the down trend and had already given up 100 pips with your entry. So in reality - there was no trade until the short with the SAR.
The Dove - Forex Trainer
  • #12,371
  • Nov 28, 2017 4:25pm Nov 28, 2017 4:25pm
Quoting dove_alliance
{quote} Well Pipon - your mistake was going long with the DB/SAR on the bottom. The next attachment was with the SAR at the Parabolic; and that is where you should had entered for the short. Trading long in this scenario is a risk because you have no idea where the SAR is going to connect. With your trade the SAR showed up short of your 40. Your biggest mistake was going long while the 4 Horsemen where in the down trend and had already given up 100 pips with your entry. So in reality - there was no trade until the short with the SAR.
Hello dove_alliance, when you have time can you comment my trade please.

https://www.forexfactory.com/showthr...2#post10535322


Like i said in my evaluation, i think it was a good trade but if the Target is not hit before the news, is a bad trade. I short when the SAR was in there. And i have to close the trade for +15 pips aprox but not hit the target.

After my trade is over, i like to close my MT4 and open it at 5pm for the new day and fresh mind and i see that i read correct the Paradox Movement. (If there werent any news, my target should be hit)
  • #12,372
  • Nov 28, 2017 4:37pm Nov 28, 2017 4:37pm
Back on the 24th I had made a post to do with ROMAR and this is part of the post;

"Lets take the Daily scenario you are in now with ROMAR as support. ROMAR has crossed Purple and once this happens then all resistance with the 4 horsemen with EMA are eliminated accept for the Parabolic until the White crossing. The reason is because ROMAR is the focus for either sliding under EMA or crossing EMA for a change of trend. And this is determine in how the market will react with ROMAR. If the market stays below ROMAR then ROMAR will cross EMA. If the market gets above ROMAR then ROMAR will slide under EMA to keep the trend intact. This is also the basic rule."

There was one trader made a long and quoted this on his trading plan:

"NOTES: Purple crossed romar it means 4horsemen with ema eliminated until ema crossing romar. On h2 chart fibo 61.8 is support and daily romar is still support. We are in consolidation more than 7 hours. So market will move from bottom to top."

"ENTRY: I am long at open candle over smooth when purple-white crossing on h1 chart"

He read only what suited him and did not pay attention with the Parabolic holding support for the long and resistance for the short. And then talking about consolidation more than 7 hours in which we have been in consolidation for the last month. And then he went long off the H1 chart.

I made it very clear with ROMAR crossing Purple and how the Parabolic will hold its position until White crossing Purple. Then the rule comes into play with EMA/Purple. What most of you traders are not understanding is when White crosses Purple eliminates the Parabolic power; but does not eliminate the Parabolic trend as support and resistance.

There are times when White crosses Purple and the market will hit the Parabolic and get above it in a downtrend, or below it on the uptrend. Then it will retrace or open above it in downtrend or below it in an uptrend and then return back into trend. This is caused by losing its power.

Yesterday ROMAR crossed purple while the Parabolic still in trend. Three bars later White crosses Purple eliminated the power but did not eliminate the Parabolic trend. The SAR came in at the Parabolic and market hit the Parabolic and then retraced back below the CP and that was it for any longs that was taken.

As a reminder - never anticipate, never predict, and never try to out think the Paradox. Follow the rules and you will succeed. One other thing - if you traders had reference the H4 you would had seen the long was out of the question.
The Dove - Forex Trainer
  • #12,373
  • Nov 28, 2017 4:38pm Nov 28, 2017 4:38pm
Quoting HappyFaces
{quote} Hello dove_alliance, when you have time can you comment my trade please. https://www.forexfactory.com/showthr...2#post10535322 Like i said in my evaluation, i think it was a good trade but if the Target is not hit before the news, is a bad trade. I short when the SAR was in there. And i have to close the trade for +15 pips aprox but not hit the target. After my trade is over, i like to close my MT4 and open it at 5pm for the new day and fresh mind and i see that i read correct the Paradox Movement. (If there werent...
Your evaluation is on the post I just made.
The Dove - Forex Trainer
  • #12,374
  • Nov 28, 2017 5:04pm Nov 28, 2017 5:04pm
Quoting HappyFaces
{quote} Hello dove_alliance, when you have time can you comment my trade please. https://www.forexfactory.com/showthr...2#post10535322 Like i said in my evaluation, i think it was a good trade but if the Target is not hit before the news, is a bad trade. I short when the SAR was in there. And i have to close the trade for +15 pips aprox but not hit the target. After my trade is over, i like to close my MT4 and open it at 5pm for the new day and fresh mind and i see that i read correct the Paradox Movement. (If there werent...
Sorry for cutting you short but I am busy. Your trade was excellent taking it from the Parabolic and the SAR. And yes - if not for exiting on the release your 40 would had been hit with no problem.
The Dove - Forex Trainer
  • #12,375
  • Nov 28, 2017 5:29pm Nov 28, 2017 5:29pm
Quoting dove_alliance
{quote} Sorry for cutting you short but I am busy. Your trade was excellent taking it from the Parabolic and the SAR. And yes - if not for exiting on the release your 40 would had been hit with no problem.
Thank you for your Time!
  • #12,376
  • Nov 28, 2017 6:21pm Nov 28, 2017 6:21pm
Date:29 November 2017 00:00 Broker TIME ALL DAY EUR RED NEWS

Daily
ROMAR:Support
EMA:Support
PSAR:Support

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

Notes:
D1 Chart is in this current candle 4 Horsemen for the Up with Parabolic uptrend. Price go down and bounce off between Green Fibo 38.2 and 23.6

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

Check List
Last DB/SAR AttachmentB Bottom and SAR TOP last candle
Fibo Up or Down:Fibo is Red Down

Notes:
H4 is in Full Downtrend with Purple crossing White for the Up.


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

Check List
Last MACD 0 Crossingown
Last EMA Alert Arrow:Up in current Candle but not set in a stone.
Last DB/SAR AttachmentB SAR at Bottom 2 last candles.
Fibo Up or Down:Fibo is Red Down

Notes:
H2 is Full Downtrend with Romar 4 Horsmen and Parabolic for the Down. Open price bellow Red Fibo 61.8

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

Check List:
Last MACD 0 CrossingUp
Last EMA Alert Arrow:Up

Notes:
H1 Is in Full Downtrend with Romar Ema and Parabolic going down but Purple already cross Smooth and White for the Up. Pirce stop at Romar.


*******************************************
Final Notes for all 4 Charts:
We are in Consolidation with D1 in Uptrend but H4 H2 H1 in Downtrend.
D1 price bounce from two levels of Green Fibo.
H4 H2 and H1 are in Downtrend. And price stop at ROMAR Resistance in H4 H2 H1
Im going Short because the Resistance of ROMAR in H4 H2 H1, H2 bellow 61.8 H1 bellow 50.0
And because H2 Fibo still Red.
Entry:
Consolidation:
Long:
Short:Short

Attached Image (click to enlarge)
Click to Enlarge Name: H2 Entry Chart.png Size: 274 KB




***I have a question about the Red News All Day. It says EUR, so that news is activate from London Session Open? I mean if is all Day, i need to close my trade before London Open?***
  • #12,377
  • Nov 28, 2017 6:47pm Nov 28, 2017 6:47pm
Quoting HappyFaces
Date:29 November 2017 00:00 Broker TIME ALL DAY EUR RED NEWS Daily ROMAR:Support EMA:Support PSAR:Support Check List Last MACD 0 Crossing:Up Last EMA Alert Arrowown Last DB/SAR AttachmentB/SAR Bottom at 131.155 Fibo Up or Down:Fibo is Green Up Notes: D1 Chart is in this current candle 4 Horsemen for the Up with Parabolic uptrend. Price go down and bounce off between Green Fibo 38.2 and 23.6 ************************ 4 Hour Chart ROMAR:Resistance EMA:Resistance PSAR:Resistance Check List Last DB/SAR AttachmentB Bottom and SAR TOP...
Hey
how strange in my H2 has happened the Flip of Fibo. I think there's something wrong there Happy Face! or is it mine?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 122 KB
  • #12,378
  • Nov 28, 2017 7:14pm Nov 28, 2017 7:14pm
Quoting manin011
{quote} Hey how strange in my H2 has happened the Flip of Fibo. I think there's something wrong there Happy Face! or is it mine? {image}
The fibo has not flipped. It is still down. Check your bar count.
  • #12,379
  • Edited 8:49pm Nov 28, 2017 7:55pm | Edited 8:49pm
TRADING PLAN
Date: 29/11/2017

News : OPEC meeting

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing : Up
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 uptrend, EMA has cross purple, market open above smooth

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

Last DB Attachment: DB attached at Top 131.713
Fibo up or down: Fibo is Red/Down

Notes: Downtrend, with white cross purple

2 HR:

ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Up
Last DB Attachment: DB attached at Bottom 131.713 with double divergence at FIbo 0
Fibo up or down: Up

Notes: H2 is downtrend, with Green fibo and 4 horsemen downtrend

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

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

Notes: Consolidate uptrend, EMA about cross Purple up

Final Notes : D1 open above smooth, with 4 horsemen up. H2, H1, D1 fibo is green. H2 ROMAR and EMA so close, will wait for market open above H2 ROMAR to long

Projected Entry : Candle open above H2 ROMAR while white cross purple, and H1 EMA has cross purple
Consolidation:
Long:
Short:
Notes for readjustments: As Dana has said, today is dangerous for trading, so i wont take any trade. just studying all day
I Will Never Give Up
  • #12,380
  • Nov 28, 2017 8:45pm Nov 28, 2017 8:45pm
Quoting HappyFaces
Date:29 November 2017 00:00 Broker TIME ALL DAY EUR RED NEWS Daily ROMAR:Support EMA:Support PSAR:Support Check List Last MACD 0 Crossing:Up Last EMA Alert Arrowown Last DB/SAR AttachmentB/SAR Bottom at 131.155 Fibo Up or Down:Fibo is Green Up Notes: D1 Chart is in this current candle 4 Horsemen for the Up with Parabolic uptrend. Price go down and bounce off between Green Fibo 38.2 and 23.6 ************************ 4 Hour Chart ROMAR:Resistance EMA:Resistance PSAR:Resistance Check List Last DB/SAR AttachmentB Bottom and SAR TOP...
The all day EUR meeting is OPEC - which is to do with oil. And then you got 3 high impact releases with the USD. So let me give you heads up: All day meetings can do nothing with the market but on the other hand; they can spike at any time. Decision is yours.
The Dove - Forex Trainer
8 traders viewing now, 1 is registered:
Thunderli