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The Paradox System

  • #13,301
  • Feb 20, 2018 6:01pm Feb 20, 2018 6:01pm
Quoting Ronin303
{quote} Adjustments: Candle opened just above H1 and H2 Purple. H4 opened above EMA and EMA crossed Purple for up. Daily 23.6 fibo / EMA might be the target. Entry: Long at 132.371 (40/40). {image}
Result: TP hit (+40) on the next day.

Self Evaluation: Bad trade. Entry was at the middle while the market was in consolidation. Also TP was above H2 ROMAR resistance. Have to learn about trading in consolidation off support / resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: Result EJ H2 2018-02-20-0600.png Size: 76 KB
  • #13,302
  • Feb 20, 2018 6:02pm Feb 20, 2018 6:02pm
Quoting toil
{quote} Thanks master a lot. yes sir i should wait for the off support. My TP was below 61.8 fibo & romar thats why i did not wait. Thanks Toil
You always wait with patience and never make excuses.
The Dove - Forex Trainer
  • #13,303
  • Feb 20, 2018 6:07pm Feb 20, 2018 6:07pm
There were comments today about waiting for a breakout. And I am rebutting these comments because you never wait for an entry. You always trade the moment which means support for the long and resistance for the short.
The Dove - Forex Trainer
  • #13,304
  • Feb 20, 2018 8:45pm Feb 20, 2018 8:45pm
  •  toil
  • | Joined Oct 2017 | Status: BUSY LIFE TAKES ME AWAY FROM MY CHA | 65 Posts
Quoting dove_alliance
{quote} You always wait with patience and never make excuses.
Ok sir i will try my level best to follow your advise.
Thanks
Toil
  • #13,305
  • Feb 21, 2018 2:15am Feb 21, 2018 2:15am
Quoting pedro7676
Hello guys, my trading plan on 19.2.2018. Date: 19.2.18 9.00 CET Daily: ROMAR - Resistance EMA – Resistance PSAR - Resistance Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Down Last DB Attachment – DB attached on bottom Fibo : Green Notes: Romar downtrend, 4 horsemen are in downtrend. 4 HR: ROMAR - Resistance EMA – Resistance PSAR - Resistance Notes : Romar downtrend, 4 horsemen are in downtrend, divergence, price hit EMA. 2 HR: ROMAR - Resistance EMA – Resistance PSAR - Resistance Check List: Last MACD 0 crossing - Up Last EMA...
Evaluation : SL was hit. I went short off SAR (h2), traded from resistance EMA (h4) with Romar trend. I was 2 pips from TP but market turned up, than starting ranging, finally after 2 days made breakout to the north, got above the Romar (h1) and continued in PSAR uptrend. It was risky trade, because DB (H2,D1) was attached on bottom (next on top). I should have waited for better opportunity to enter the market.
Hard work beats talent when talent fails to work hard. - KD
  • #13,306
  • Edited 10:45am Feb 21, 2018 10:34am | Edited 10:45am
Here are the 4 charts and exactly what they should look like on your monitor. If they do not look like these charts below then your setup is wrong. The H1 has a red Fibo, the H2 has a red Fibo, the H4 has a red Fibo, and the Daily has a green Fibo. Because of these Fibo's the market is in consolidation; and will be for a very long time.

If you do not know anything about the Paradox Fibo's then it is time for you to study:

H1:
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH1.png Size: 65 KB

H2:
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2.png Size: 77 KB

H4:
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH4.png Size: 80 KB

Daily:
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproDaily.png Size: 74 KB
The Dove - Forex Trainer
  • #13,307
  • Feb 21, 2018 11:25am Feb 21, 2018 11:25am
For the Elite that is trading the G/U here are your charts:

H1:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDproH1.png Size: 65 KB

H2:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDproH2.png Size: 77 KB

H4:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDproH4.png Size: 72 KB

Daily:
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDproDaily.png Size: 67 KB
The Dove - Forex Trainer
  • #13,308
  • Feb 21, 2018 1:33pm Feb 21, 2018 1:33pm
That was truly magical to watch Dana (particularly H2 on both pairs), and inspirational too - thank you!

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #13,309
  • Feb 21, 2018 5:02pm Feb 21, 2018 5:02pm
My Trading Plan: EURJPY

Date (Local): 22/02/2018
Time: Tokyo Open

Red News: 1230 (GMT) - ECB Monetary Policy Meeting Accounts

Daily:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 Cross: Down
Last EMA arrow: Down
Last DB attachment: Bottom at 131.595
Last SAR attachment: Top at 133.045
Fibo: Up/Green

Notes: Daily is in full downtrend with ROMAR. Last DB attachment was at bottom and SAR on top. Yesterday market touched EMA and 23.6 fibo. Market opened on Smooth.


H4:

ROMAR: Resistance
EMA: Support
PSAR: Resistance (not fixed)

Checklist:

Last DB attachment: Bottom on previous candle
Last SAR attachment: With and under DB
Fibo: Down/Red

Notes: Yesterday market hit top at 23.6 fibo with DB/SAR and now DB attached on bottom. Market opened below 61.8 red fibo.


H2:

Day Open Price: 132.336
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 Cross: Down
Last EMA arrow: Down
Last DB attachment: Bottom on previous candle.
Last SAR attachment: With and under DB
Fibo: Down/Red

Notes: Yesterday DB attached on top and now at bottom. Market opened below 61.8 red fibo.


H1:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 Cross: Down
Last EMA arrow: Down
Fibo: Up/Green

Notes: ROMAR just crossed EMA for down. Fibo is flipped and green.


Final Notes: Market is in consolidation with ROMAR down in all charts. Yesterday Daily hit 23.6 fibo / EMA and bounced back down. H4 and H2 is in between 61.8 and 100.0 fibo. Probably H2 and H4 is heading for 100.0 fibo for flip. H2 and H4 is ranging with DB/SAR.

Entry for Long: ---

Entry for Short: Will go short from resistance.
  • #13,310
  • Feb 21, 2018 6:18pm Feb 21, 2018 6:18pm
Quoting Ronin303
My Trading Plan: EURJPY Date (Local): 22/02/2018 Time: Tokyo Open Red News: 1230 (GMT) - ECB Monetary Policy Meeting Accounts Daily: ROMAR: Resistance EMA: Resistance PSAR: Resistance Checklist: Last MACD 0 Cross: Down Last EMA arrow: Down Last DB attachment: Bottom at 131.595 Last SAR attachment: Top at 133.045 Fibo: Up/Green Notes: Daily is in full downtrend with ROMAR. Last DB attachment was at bottom and SAR on top. Yesterday market touched EMA and 23.6 fibo. Market opened on Smooth. H4: ROMAR: Resistance EMA: Support PSAR: Resistance (not fixed)...
Adjustments: H2 fibo flipped and touched lower BB. H4 current candle crossed 100.0 fibo. Daily touched 0.0 fibo. Target H2 EMA. I will go long here.

Final Entry: Long at 131.670 for 40/40.

Attached Image (click to enlarge)
Click to Enlarge Name: Entry EJ H2 2018-02-22-0600.png Size: 75 KB
  • #13,311
  • Edited 2:19am Feb 22, 2018 12:45am | Edited 2:19am
Hi guys! I have read only the firsts 82 pages. I'm not sure if it is enought to know the main rules. Anyway, I will try to write a simple trading plan, please feel free to do any comment. I'm here to learn. Sorry for my very bad english.

EJ

Daily chart ROMAR: Resistence
H2 chart ROMAR: Resistence
H1 chart ROMAR: Resistence

all 3 chart are consistent so Market is in trend

Daily chart:
EMA: resistence
PSAR: Resistence

Note: White is sliding over purple

H2 chart:
EMA: Resistence
PSAR: Resistence

Note: market is in full downtrend

H1 Chart:
EMA: Resistence
PSAR: Resistence

Note: PSAR has been deleted by purple/white cross

Entry: I'm looking for a short off resistence (in consistent with trend) on H1 chart. So i'm waiting for market hit EMA or ROMAR. I think that 23.6 fib was a good entry point but I was still sleeping .

Please tell me if I'm wrong or on the right track.

Quoting Danielesse87
Hi guys! I have read only the firsts 82 pages. I'm not sure if it is enought to know the main rules. Anyway, I will try to write a simple trading plan, please feel free to do any comment. I'm here to learn. Sorry for my very bad english. EJ Daily chart ROMAR: Resistence H2 chart ROMAR: Resistence H1 chart ROMAR: Resistence all 3 chart are consistent so Market is in trend Daily chart: EMA: resistence PSAR: Resistence Note: White is sliding over purple H2 chart: EMA: Resistence PSAR: Resistence Note: market is in full downtrend H1 Chart: EMA: Resistence...
I'm short. On retouch of 23.6 fib.
SL 40 pips (protected by ROMAR as resistence)
TP 20 pips

Let's see what will happen

Quoting Danielesse87
Hi guys! I have read only the firsts 82 pages. I'm not sure if it is enought to know the main rules. Anyway, I will try to write a simple trading plan, please feel free to do any comment. I'm here to learn. Sorry for my very bad english. EJ Daily chart ROMAR: Resistence H2 chart ROMAR: Resistence H1 chart ROMAR: Resistence all 3 chart are consistent so Market is in trend Daily chart: EMA: resistence PSAR: Resistence Note: White is sliding over purple H2 chart: EMA: Resistence PSAR: Resistence Note: market is in full downtrend H1 Chart: EMA: Resistence...
out with 11 pips gained...red news coming

Could someone give me any feedback? Thanks in advance
  • #13,312
  • Feb 22, 2018 5:27am Feb 22, 2018 5:27am
Quoting Danielesse87
Hi guys! I have read only the firsts 82 pages. I'm not sure if it is enought to know the main rules. Anyway, I will try to write a simple trading plan, please feel free to do any comment. I'm here to learn. Sorry for my very bad english. EJ Daily chart ROMAR: Resistence H2 chart ROMAR: Resistence H1 chart ROMAR: Resistence all 3 chart are consistent so Market is in trend Daily chart: EMA: resistence PSAR: Resistence Note: White is sliding over purple H2 chart: EMA: Resistence PSAR: Resistence Note: market is in full downtrend H1 Chart: EMA: Resistence...
For one thing you need to post your charts to be sure they are correct and then; you need to follow the rules in posting trading plans with entry and self-evaluation. Other then that we can't give you any feed back. But I will say this. The H1 is not a trading chart, the rule for entry is 40/40, and no H2 chart showing the entry. So keep reading.
The Dove - Forex Trainer
  • #13,313
  • Feb 22, 2018 5:47am Feb 22, 2018 5:47am
Quoting dove_alliance
{quote} For one thing you need to post your charts to be sure they are correct and then; you need to follow the rules in posting trading plans with entry and self-evaluation. Other then that we can't give you any feed back. But I will say this. The H1 is not a trading chart, the rule for entry is 40/40, and no H2 chart showing the entry. So keep reading.
Thanks a lot. I made that trade based on firsts 82 pages. I will read also the following pages.. still only 584 pages LOL.
  • #13,314
  • Feb 22, 2018 5:51am Feb 22, 2018 5:51am
Quoting Danielesse87
{quote} Thanks a lot. I made that trade based on firsts 82 pages. I will read also the following pages.. still only 584 pages LOL.
You need to read the first 250 pages just to get the basics. After the first 250 you then get into a better understanding of the Paradox.
The Dove - Forex Trainer
  • #13,315
  • Feb 22, 2018 6:05am Feb 22, 2018 6:05am
Quoting dove_alliance
{quote} You need to read the first 250 pages just to get the basics. After the first 250 you then get into a better understanding of the Paradox.
I will do...Thank you Sir. Best regards
  • #13,316
  • Feb 22, 2018 12:10pm Feb 22, 2018 12:10pm
Did you guys see that SAR at EMA today amazing it stopped right at EMA and 38.2 and boom bang down it went again for 40
  • #13,317
  • Feb 22, 2018 5:12pm Feb 22, 2018 5:12pm
  •  toil
  • | Joined Oct 2017 | Status: BUSY LIFE TAKES ME AWAY FROM MY CHA | 65 Posts
Trading Plan: EURJPY
Date (Local): 23.02.18
Time: At 06:20 (Local) After Tokyo Open

Red News: No red news
Daily Open: 131.68
Previous day HIGH: 132.20
Previous day LOW: 131.277
Total pips for previous day: 89 pips

Daily:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:
Last MACD 0 Cross: Down around 15 candle ago
Last EMA arrow: Down around 17 candle ago.
Last DB attachment: On bottom previous candle at 131.27 at 0.0 fibo with both divergence & lime green price tag.
Last SAR attachment: on bottom with DB.
Fibo: Green for up.
Notes: Daily is down trend with market open below purple. Last DB/SAR attached at bottom at 0.0 fibo.


H4:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance


Checklist:
Last MACD 0 Cross: ------
Last EMA arrow:------
Last DB attachment: At bottom with both divergence & lime green price tag at 131.277 at 0.0 fibo.
Last SAR attachment: at top at 133.045
Fibo: Green for up
Notes: Market open above white with overall market is down trend. Last DB/SAR attached at bottom with both divergence just below the lower BB At 0.0 fibo.

H2:


Day Open Price: 131.58
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
Checklist:
Last MACD 0 Cross: Down
Last EMA arrow: Down.
Last DB attachment: on bottom with both divergence at 0.0 fibo. At 131.277
Last SAR attachment: on top at 131.965
Fibo: Green for up
Notes: Market is overall down trend with open below purple. Last MACD & 2nd last EMA alert comes on same candle but opposite direction & last EMA alert after that 2nd candle DOWN.

H1:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance ( Eliminated)

Checklist:
Last MACD 0 Cross: Up
Last EMA arrow: Up
Last DB attachment: on top at 131.277
Fibo: Green for up
Notes: market is down trend with white crossing purple


Final Notes for all charts: Overall market is down trend. Daily market open below Purple with DB attached below at 0.0 fibo
In H4 Market is down trend with last DB at bottom below the lower BB
In H2 & H1 market is down trend.
  • #13,318
  • Feb 22, 2018 6:54pm Feb 22, 2018 6:54pm
Toil - let me correct you a little bit on your final notes:

Final Notes for all charts: Overall market is down trend. Daily market open below Purple with DB attached below at 0.0 fibo
In H4 Market is down trend with last DB at bottom below the lower BB
In H2 & H1 market is down trend

The H1 Fibo is green and up, the H2 Fibo is green and up, the H4 Fibo is green and up, and the Daily Fibo is green and up. So - evaluating this scenario with the Fibo's gives the picture a different outlook as in consolidation.
The Dove - Forex Trainer
  • #13,319
  • Feb 22, 2018 7:06pm Feb 22, 2018 7:06pm
  •  toil
  • | Joined Oct 2017 | Status: BUSY LIFE TAKES ME AWAY FROM MY CHA | 65 Posts
Quoting dove_alliance
Toil - let me correct you a little bit on your final notes: Final Notes for all charts: Overall market is down trend. Daily market open below Purple with DB attached below at 0.0 fibo In H4 Market is down trend with last DB at bottom below the lower BB In H2 & H1 market is down trend The H1 Fibo is green and up, the H2 Fibo is green and up, the H4 Fibo is green and up, and the Daily Fibo is green and up. So - evaluating this scenario with the Fibo's gives the picture a different outlook as in consolidation.
Thanks sir for your care giving.
  • #13,320
  • Feb 23, 2018 2:48am Feb 23, 2018 2:48am
  •  toil
  • | Joined Oct 2017 | Status: BUSY LIFE TAKES ME AWAY FROM MY CHA | 65 Posts
Quoting toil
Trading Plan: EURJPY Date (Local): 23.02.18 Time: At 06:20 (Local) After Tokyo Open Red News: No red news Daily Open: 131.68 Previous day HIGH: 132.20 Previous day LOW: 131.277 Total pips for previous day: 89 pips Daily: ROMAR: Resistance EMA: Resistance PSAR: Resistance Checklist: Last MACD 0 Cross: Down around 15 candle ago Last EMA arrow: Down around 17 candle ago. Last DB attachment: On bottom previous candle at 131.27 at 0.0 fibo with both divergence & lime green price tag. Last SAR attachment: on bottom with DB. Fibo: Green for up. Notes:...
Entry for Short: Short form off resistance of daily white at 131.772
SL & TP: Set SL/TP 40/40
Rules for Entry:
· Market is totally down trend so short from off strong resistance & enough pips in south.
Result: +40 for the day
Self Evaluation: Always follow short from off resistance. Luckily got 40 though market moves only around 50 pips but my entry just from off daily white and the market just hit it & back.
Thanks
Toil.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2.png Size: 93 KB
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