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The Paradox System

  • #13,801
  • Apr 26, 2018 1:14am Apr 26, 2018 1:14am
Date: April 26th, 2018. EURJPY, 6:00 SERVER TIME.
EUR and USD news today.

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD UP
Last EMA UP
Last DB Attachment ; 133.478 at the top with fibo 0
Fibo DOWN
Notes:
4 horsemen are pointing up

2 HR:
OPEN PRICE - 133.138
ROMAR - Suppot
EMA - Support
PSAR - Support

Check List:
Last MACD DOWN
Last EMA UP
Last DB Attachment ; 132.907
Notes:
Notice, right now the upper and lower BB's are compressing for a flat line, plus the lower BB is above ROMAR.

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

Check List:
Last MACD UP
Last EMA UP
Fibo UP
Notes:
The fibo flipped to green.

Final Notes for all three charts:
We are still in a uptrend, but looks like we are consolidating by looking at the 2h BB's until the market decides to break out.

Entry:
Quoting dove_alliance
The BB ranging is when the BB's are flat lined and the Market bounces off the BB. Now if the bounce returns to EMA you then are turning back into the trend. If the bounce returns to the opposite band then you are ranging until the breakout. The Daily ranging is when a lot of traders give up. The reason is because the ranging is unpredictable.
Long and Short; Right now my plan of action, is to wait and see what the market does in the Paradox matrix.

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  • #13,802
  • Apr 26, 2018 1:48am Apr 26, 2018 1:48am
Quoting Romar
Date: April 26th, 2018. EURJPY, 6:00 SERVER TIME. EUR and USD news today. Daily: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD UP Last EMA UP Last DB Attachment ; 133.478 at the top with fibo 0 Fibo DOWN Notes: 4 horsemen are pointing up 2 HR: OPEN PRICE - 133.138 ROMAR - Suppot EMA - Support PSAR - Support Check List: Last MACD DOWN Last EMA UP Last DB Attachment ; 132.907 Notes: Notice, right now the upper and lower BB's are compressing for a flat line, plus the lower BB is above ROMAR. 1 HR: ROMAR - Support EMA - Support...

I entered a long as soon as psar flipped for support on h2, 133.090.
Yesterday I feel that the bank holiday had something to do with the slower market, I didn't find any entries yesterday I was waiting for market to reach daily purple but didn't happen.
  • #13,803
  • Apr 26, 2018 2:31am Apr 26, 2018 2:31am
Quoting SuchParadox
{quote} I entered a long as soon as psar flipped for support on h2, 133.090. Yesterday I feel that the bank holiday had something to do with the slower market, I didn't find any entries yesterday I was waiting for market to reach daily purple but didn't happen.
I didn't realize the PSAR flipped, I guess I was too busy looking at one specific thing.
Thanks for pointing that out! Got to get better at looking at the bigger picture.
Get that 40 my friend.
  • #13,804
  • Apr 26, 2018 4:20am Apr 26, 2018 4:20am
Quoting dove_alliance
{quote} Welcome aboard trader and keep studying as you will learn more than you can dream of. So, lets get the slider right: You are right with the White crossing going into consolidation. But Smooth is the signal indicator for a slider, along with EMA. One thing to focus on is with EMA crossing Purple in a slider. The Parabolic will not flip until EMA touches Purple for a crossing; it is then the Parabolic will flip. This is ONLY on the H2 chart. Smooth will always stay under White for an up slider and above White for a down slider. There are times...
Guys read this, for this present 2H moment.

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  • #13,805
  • Apr 26, 2018 7:19am Apr 26, 2018 7:19am
Quoting SuchParadox
{quote} I entered a long as soon as psar flipped for support on h2, 133.090. Yesterday I feel that the bank holiday had something to do with the slower market, I didn't find any entries yesterday I was waiting for market to reach daily purple but didn't happen.
I exited before impact news for -7 pips.
  • #13,806
  • Apr 26, 2018 8:04am Apr 26, 2018 8:04am
Quoting Romar
{quote} Guys read this, for this present 2H moment. {image}
That was amazing I took a long at 132.80 after the news, because of 2h DB/SAR attached to the bottom, ROMAR lower BB is support, with Daily PURPLE support. Plus all charts ROMAR is below EMA for an uptrend.
Was it luck because NY session just opened?

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  • #13,807
  • Apr 26, 2018 8:10am Apr 26, 2018 8:10am
Quoting Romar
{quote} That was amazing I took a long at 132.80 after the news, because of 2h DB/SAR attached to the bottom, ROMAR lower BB is support, with Daily PURPLE support. Plus all charts ROMAR is below EMA for an uptrend. Was it luck because NY session just opened? {image}
Bro, wrong time to take any longs still.. Look at all your charts and apart from the daily they are all in for the short. If I was at my charts I would short at h4 parabolic because during volatility that's usually where the market goes
  • #13,808
  • Apr 26, 2018 8:28am Apr 26, 2018 8:28am
Quoting SuchParadox
{quote} Bro, wrong time to take any longs still.. Look at all your charts and apart from the daily they are all in for the short. If I was at my charts I would short at h4 parabolic because during volatility that's usually where the market goes
Aight, will take notes. Thanks bro.
can you post your 2h chart and 4h chart please.
  • #13,809
  • Apr 26, 2018 8:42am Apr 26, 2018 8:42am
Quote

  1. SuchParadox
  2. | Joined Feb 2018 | Status: Member | 51 Posts | Online Now

Quoting Romar
{quote} That was amazing I took a long at 132.80 after the news, because of 2h DB/SAR attached...

I think that a good entry for long, 61.8 fiboo level + romar support on h2, in dailly chart market touch smooth as support, both EMA on h1 did not cross Romar for trend down, even cross hapeen, EMA in h2 will keep market goinh up
By the way, i am still learning and that what i see at the moment
Thank
  • #13,810
  • Apr 26, 2018 9:19am Apr 26, 2018 9:19am
Quoting SuchParadox
{quote} Bro, wrong time to take any longs still.. Look at all your charts and apart from the daily they are all in for the short. If I was at my charts I would short at h4 parabolic because during volatility that's usually where the market goes
Missed opportunity since I'm away from my trading station
  • #13,811
  • Apr 27, 2018 9:20am Apr 27, 2018 9:20am
hi all. I am curious as to what people do at work. Dana instructs "One thing I suggest is after you have rebooted your platform do not reboot until after the next 24 hour 17:00. If you are finished with your MT4 then minimize it to kep it open. If you reboot after 17:00 and then reboot again later — then the data is not correct."

do you bring your own laptop with you as i see from danas advice you should leave you workstation open for 24hrs and rebooting causes conflict. im a newbie so apols if a stupid question. my plan was do make my trading plan before work and then execute it on my work pc but will this be an issue as per his instructions above.

Cheers

Mick
  • #13,812
  • Apr 29, 2018 4:58pm Apr 29, 2018 4:58pm
Date:30/04/18
News: No major red news for the main three currencies.
Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: down, big bar
Last EMA Alert Arrow: up
Last DB Attachment: bottom (131.878) inside the box with LSB. (also below ROMAR support)
Fibo up or down: flipped for the down.

Notes: Daily still up. Purple crossed white and smooth down slightly, ema still support. Market opened above romar support.

2 HR:
OPEN PRICE – 132.240
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: up, bigger bar
Last EMA Alert Arrow: up
Last DB Attachment: bottom (131.878) with sar detaching to, 132.355.
Fibo up or down: flipped green and up.

Notes:4hm turning up( market beginning its sequence for a reversal) . Market flipped , sar attatched above psar resistance, and db next to attatch to confirm the move up.

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

Check List:
Last MACD 0 crossing: up, big bar
Last EMA Alert Arrow: up with orange arrow to confirm
Fibo up or down: flipped for the up

Notes:4hm turned up psar flipped to support. Bb’s constricted romar outside striking range, this puts us in somewhat of a small ranging mode.

Final Notes for all three charts: h1 turning up, h2 turning up, h4 turning up, daily up, slightly turning down. We are in a consolidated uptrend. After the not so good news last week, market dropped down below romar support. But it was bound to come back above it and amazingly market closed above it. Market made a new two week low on the daily . And the sequence for a reversal has begun on all other charts, back into an uptrend.

Projected Entry: Since we are in consolidation, trading is from support and resistance, market is trying to turn back up currently , so to me the best entry would be to buy from a decent level of support, after db attatches on h2 to confirm the move upstairs would also be a good confirmation.
  • #13,813
  • Apr 29, 2018 7:28pm Apr 29, 2018 7:28pm
My Trading Plan: EURJPY

Date (Local): 30/04/2018
Time: Tokyo Open

Red News:
No red news.


Daily:

ROMAR: Support
EMA: Support
PSAR: Resistance

Checklist:

Last MACD 0 Cross: Down
Last EMA arrow: Down
Last DB attachment: Bottom at 131.873
Last SAR attachment: With and under DB
Fibo: Down/Red

Notes: Daily is turning for down against ROMAR support. White and Smooth crossed Purple for down. Market opened below EMA and 23.6 fibo and Parabolic flipped. SAR become DB and last connection is on bottom to confirm the downtrend.


H4:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last DB attachment: Bottom at 131.873
Last SAR attachment: With and under DB
Fibo: Green/Up

Notes: H4 is in downtrend. But White and Smooth crossed Purple for up. Fibo is also Green. DB is attached to bottom. SAR is connected on top on EMA far below Parabolic. SAR needs to connect higher at least up to Parabolic.


H2:

Day Open Price: 132.264
ROMAR: Resistance
EMA: Support
PSAR: Support

Checklist:

Last MACD 0 Cross: UP
Last EMA arrow: Up
Last DB attachment: Bottom at 131.873
Last SAR attachment: Top at 132.350
Fibo: Green/Up

Notes: 4 horsemen are up against ROMAR resistance. BBs are closing in. Market opened above EMA and Purple and 23.6 fibo. SAR is connected on top near Parabolic but EMA crossed Purple for up and Parabolic flipped.


H1:

ROMAR: Resistance
EMA: Support
PSAR: Support

Checklist:

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

Notes: 4 horsemen are up with EMA against ROMAR. ROMAR is outside of the BBs and BBs are flat.


Final Notes: Market is in consolidation. Daily DB connection confirmed the downtrend. Daily Parabolic flipped and Market is pushing on ROMAR support with MACD down. H4 may be on an upswing. H2 is on a nice setup for long up to ROMAR but there is not enough pips.

Entry for Long: ---

Entry for Short: Will be looking for short from resistance. If market touches H1 ROMAR, will take the short. Otherwise if market opens below H2 and H1 EMA, will take the short.
  • #13,814
  • Apr 30, 2018 1:20am Apr 30, 2018 1:20am
Date: April 30th, 2018. EURJPY, 6:00 SERVER TIME.

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD down
Last EMA UP
Last DB Attachment ; 13.878 at the bottom, near romar support
Fibo DOWN
Notes:
looks like 4 horsemen is pointing down.

2 HR:
OPEN PRICE - 132.448
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD up
Last EMA UP
Last DB Attachment ; 131.878
Notes:
The 4 horsemen are clearly pointing up, we have DB attach to the top which is near by 2h ROMAR

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

Check List:
Last MACD UP
Last EMA UP
Fibo UP
Notes:
We have DB and Green divergence attach to the top where ROMAR support is at. And also the 4 horsemen is clearly pointing up.


Final Notes for all three charts:
Looks like 1h, 2h, and 4h want to go for an up swing with all 4 horsemen pointing up, and also the market is near by Daily ROMAR support.

Entry:
Long; I will be going long at a deeper support if the market goes there and also if the Paradox indicates so, but I may just have missed the up swing entry by looking at 00:00 candles open right above EMA.
Short; At this moment, it is not an option simply because the horsemen are pointing up and could cross or, slide ROMAR support. So I will wait and observe.

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  • #13,815
  • Apr 30, 2018 1:36am Apr 30, 2018 1:36am
Quoting Ronin303
My Trading Plan: EURJPY Date (Local): 30/04/2018 Time: Tokyo Open Red News: No red news. Daily: ROMAR: Support EMA: Support PSAR: Resistance Checklist: Last MACD 0 Cross: Down Last EMA arrow: Down Last DB attachment: Bottom at 131.873 Last SAR attachment: With and under DB Fibo: Down/Red Notes: Daily is turning for down against ROMAR support. White and Smooth crossed Purple for down. Market opened below EMA and 23.6 fibo and Parabolic flipped. SAR become DB and last connection is on bottom to confirm the downtrend. H4: ROMAR: Resistance EMA: Resistance...
Adjustments: No adjustments. H1 and H4 touched ROMAR resistance. H2 ROMAR is little bit higher. H4 SAR connected near Parabolic and H2 SAR changed to DB. Daily 23.6 fibo holding resistance. Decided to go short on this open candle according to the plan.

Final Entry: Short at 132.451 for 40/40

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  • #13,816
  • Apr 30, 2018 2:10am Apr 30, 2018 2:10am
Quoting SuchParadox
Date:30/04/18 News: No major red news for the main three currencies. Daily: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD 0 crossing: down, big bar Last EMA Alert Arrow: up Last DB Attachment: bottom (131.878) inside the box with LSB. (also below ROMAR support) Fibo up or down: flipped for the down. Notes: Daily still up. Purple crossed white and smooth down slightly, ema still support. Market opened above romar support. 2 HR: OPEN PRICE – 132.240 ROMAR - Resistance EMA - Resistance PSAR - Resistance Check List: Last MACD 0...
entry: just so you know guys, I entered last night when the psar flipped to support on h2 132.255. i don't like showing my entries incase people copy them and i don't want to be responsible for anyone else's loss. reasons: psar turned support, 4hm up on both h1 and h2 , h4 was turning.

When I saw Ronins entry short, it worried me because he's right, purple is holding resistance on daily with romar confluence on h2, however the 4hm on h1, h2 and db attatched on h2 confirming the move up, even h4 pushing the market up. wants to turn up and even on the daily, we are still up because ema above romar and purple above ema, so i will hold my position.
  • #13,817
  • Apr 30, 2018 2:52am Apr 30, 2018 2:52am
Quoting SuchParadox
{quote} entry: just so you know guys, I entered last night when the psar flipped to support on h2 132.255. i don't like showing my entries incase people copy them and i don't want to be responsible for anyone else's loss. reasons: psar turned support, 4hm up on both h1 and h2 , h4 was turning. When I saw Ronins entry short, it worried me because he's right, purple is holding resistance on daily with romar confluence on h2, however the 4hm on h1, h2 and db attatched on h2 confirming the move up, even h4 pushing the market up. wants to turn up and...
You don't have to be worried if someone copy your entry or not. This is not a signal providing thread. We just follow master Dove's clear instruction how to post plan, entry and self evaluation. And we are doing demo, not real. If someone copies entry of an amateur demo trader like me to make real money he himself will be responsible for doing so. If you see closely there is a sequence of being a good / senior trader from new here in this thread. Master Dove will instruct you accordingly if you are doing good enough. If he remains inactive you will know when you reach that level. You see... me and toil started posting plans almost same time. His insight was so good that he was instructed to post entries after the fact. But I am still struggling. I don't know why toil is inactive now. His plans and evaluations were very helpful for me.

Your entry long seems good to me. I mentioned that opportunity in my plan. But there was not 40 pips to H2 ROMAR. That's why I didn't take it. I still doubt if the market will move that 12 pips higher than H2 ROMAR to your TP. Market might move up to 61.8 fibo on H2 but Daily Purple is the problem. Let's see...

Anyway... This is only my observation and I am learning.
  • #13,818
  • Apr 30, 2018 5:18am Apr 30, 2018 5:18am
Quoting Romar
Date: April 30th, 2018. EURJPY, 6:00 SERVER TIME. Daily: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD down Last EMA UP Last DB Attachment ; 13.878 at the bottom, near romar support Fibo DOWN Notes: looks like 4 horsemen is pointing down. 2 HR: OPEN PRICE - 132.448 ROMAR - Resistance EMA - Support PSAR - Support Check List: Last MACD up Last EMA UP Last DB Attachment ; 131.878 Notes: The 4 horsemen are clearly pointing up, we have DB attach to the top which is near by 2h ROMAR 1 HR: ROMAR - Resistance EMA - Support PSAR - Support...
Entry; Just as planned, after the 8:00 candle went to EMA and bounce back, I entered long at 132.35 candle's 10:00 open above EMA for 40/40.

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  • #13,819
  • Apr 30, 2018 7:00am Apr 30, 2018 7:00am
Quoting Ronin303
{quote} Adjustments: No adjustments. H1 and H4 touched ROMAR resistance. H2 ROMAR is little bit higher. H4 SAR connected near Parabolic and H2 SAR changed to DB. Daily 23.6 fibo holding resistance. Decided to go short on this open candle according to the plan. Final Entry: Short at 132.451 for 40/40 {image}
Great Trade
  • #13,820
  • Apr 30, 2018 8:32am Apr 30, 2018 8:32am
Quoting Ronin303
{quote} Adjustments: No adjustments. H1 and H4 touched ROMAR resistance. H2 ROMAR is little bit higher. H4 SAR connected near Parabolic and H2 SAR changed to DB. Daily 23.6 fibo holding resistance. Decided to go short on this open candle according to the plan. Final Entry: Short at 132.451 for 40/40 {image}
Result: TP hit (+40)

Self Evaluation: This trade was exactly according to my plan and I think it was a good one.

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