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The Paradox System

  • #13,921
  • May 18, 2018 9:42am May 18, 2018 9:42am
Opened Trade on Retracement to EMA:
Attached Image (click to enlarge)
Click to Enlarge Name: 18_5_18_open.jpg Size: 405 KB


Result: -40 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 18_5_18_close.jpg Size: 314 KB


Conclusion:
Was greedy trying to buy even lower, when it was already at purple at my analysis, ended up catching a free fall.
  • #13,922
  • May 20, 2018 1:02pm May 20, 2018 1:02pm
Trading plan 20/05/2018

Economic news :
After EST 04.30 tentative news medium impact OPEC-JMMC Meetings (21/05)

Daily
ROMAR - resistance
EMA – Support/Resistance
Parabolic - Support

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow – down
Last SAR Attachment - down at 129.529
Fibonacci- green

NOTES : Green EMA arrow has disappeared. Ema slider above purple as a resistance and just 30 pips above market. Parabolic is waiting 70 pips below market as a support. Market is struggling at fibo 23.6 support.

H4
ROMAR - resistance
EMA – Support
Parabolic – resistance

Checklist:
Last SAR Attachment - down at 120.227
Last DB Attachment – up at 131.112
Fibonacci- green

NOTES : Romar stil resistance because ema slider under romar and didnt cross. Parabolic flipped for the down.

H2
ROMAR - resistance
EMA – resistance
Parabolic – resistance

Checklist:
Last DB&SAR Attachment – down at 120.227
Last EMA Alert Arrow – down
Last MACD 0 Crossing - up
Fibonacci- red

NOTES : EMA crossing romar for down. DB&SAR attachment at the bottom and lightskyblue attacjed fort he new low. Fibo flipped for down. Ema-parabolic-romar trend is down. According to all variables market can go down previous low which is 75 pips below market

H1
ROMAR - resistance
EMA – resistance
Parabolic – resistance

Checklist: Last EMA Alert Arrow – down
Last MACD 0 Crossing - up
Fibonacci- green

NOTES : 4horsemen with romar is in downtrend.

FİNAL NOTES : On daily chart i think we are in ranging mode at the top 131.365 and at the botttom 129.222 it means market will go up and down in 200 pips, until breakout. Romar is resistance in all chart and it has important role on ranging mode scenario. If market open with a gap, i will change my plan according to gap.


ENTRY
Long:
Short: looking for short from resistance.
  • #13,923
  • May 20, 2018 4:19pm May 20, 2018 4:19pm
Quoting timetolearn
Trading plan 20/05/2018 Economic news : After EST 04.30 tentative news medium impact OPEC-JMMC Meetings (21/05) Daily ROMAR - resistance EMA – Support/Resistance Parabolic - Support Checklist: Last MACD 0 Crossing - up Last EMA Alert Arrow – down Last SAR Attachment - down at 129.529 Fibonacci- green NOTES : Green EMA arrow has disappeared. Ema slider above purple as a resistance and just 30 pips above market. Parabolic is waiting 70 pips below market as a support. Market is struggling at fibo 23.6 support. H4 ROMAR - resistance EMA – Support Parabolic...
Entered Short at opened GAP with ema resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: cccc.png Size: 55 KB
  • #13,924
  • May 20, 2018 4:29pm May 20, 2018 4:29pm
My trading plan: EURJPY
Date: 21/5/2018
Time: Tokyo
Red News:
Tentative: OPEC meeting

Daily:
ROMAR: Resistance
EMA: Resistance
PSAR: Support

Checklist:
Last MACD 0 Cross: Up
Last EMA arrow: Down
Last DB attachment: 129.222 bottom
Last SAR attachment: 129.52 without DB- Bottom
FIBO: Green/up

Notes: Daily is in consolidation. EMA in slider with Purple. Market obened with gap and we got white purple crossing for down and open below smooth.

4H:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistace

Checklist:
Last DB attachment: 131.112 with both divergence attached at the top.
Last SAR attachment: 130.22 without DB at the bottom
FIBO: Red/Down

Notes: 4h has turned full down with EMA crossing Purple.

2H:

Opening Price: 130.473
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:
Last MACD 0 Cross: Down
Last EMA arrow: Down
Last DB attachment: 130.227 with both divergences attached and at the bottom
Last SAR attachment: 130.227 with and under DB
FIBO: Red/Down

Notes: 2h also full down with all indicators in trend. The gap has placed the market above smooth and below ROMAR/EMA resistances.

1H:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:
Last MACD 0 Cross: Down
Last EMA arrow: Down
FIBO: Green/Up

Notes: 1h got white and purple crossing and open above EMA and below ROMAR resistances also PSAR near hit.

Final Notes: Daily with PSAR support is in consolidation and EMA in slider with Purple also we got White and Purple crossing and open below Smooth. 4h full down, also 2h full down. 1h with White/Purple crossing turned to consolidation and trading below resistances. The daily being in consolidation and ROMAR trend down, 4h and 2h full down, I will be looking for a short trade from a resistance.

Entry for Long:
Entry for Short: Next 2h candle or if went above ROMAR, SAR attachment to PSAR I will go short.

Readjustments:
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2(21518).png Size: 57 KB
  • #13,925
  • Edited May 21, 2018 12:42am May 20, 2018 5:03pm | Edited May 21, 2018 12:42am
Date: 21/05/2018 Currency: Eur/Jpy

Market news:

Daily:
ROMAR - resistance
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: down
Last DB Attachment: bottom 129.222
Last SAR Attachment: bottom 129.520
Fibonacci: up

Notes: 4 horsemen up with EMA sliding with smooth and Purple crossing white for the down meaning we could be going into another slider or ranging till a breakout.

4 HR:
ROMAR - resistance
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: top 131.112
Last SAR Attachment: bottom 130.227
Fibonacci: up

Notes: 4 horsemen down with EMA sliding under ROMAR keeping it resistance. Purple crossing EMA with white and smooth crossing and confirmed Psar flip. MacD and EMA arrow in correct order.

2 HR:
OPEN PRICE - 130.467
ROMAR - resistance
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: bottom 130.227
Last SAR Attachment: bottom 130.227
Fibonacci: down

Notes: 4 horsemen down. EMA crossed ROMAR for ROMAR resistance. 23.6 fibo, Psar, ROMAR and EMA acting as resistance in consolidation and 61.8 fibo, BB acting as support.

1 HR:
ROMAR - resistance
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: up
Fibonacci: up

Notes: Market at ROMAR and Psar. purple crossing white.

Final Notes: Daily ranging up againt ROMAR trend. H4 downtrend. H2 downtrend. H1 downtrend.

Entry: Market is in consolidation H1 and H2 need to be in sync, looking for a trade with the lower 3 timeframes for a short with ROMAR trend. preferably a SAR attachment at H2 Psar and 23.6 fibo. I will be entering at 22:00 with the touch on the H4 purple with EMA crossing for added confluence.

Consolidation
Short:
Attached Image (click to enlarge)
Click to Enlarge Name: 21.05.2018 entry.PNG Size: 89 KB


edit: rules: Trade from support and resistance.
Dont trade from the center
Dont trade against the DB/SAR
Causa sui
  • #13,926
  • May 20, 2018 5:04pm May 20, 2018 5:04pm
Quoting Omarhasan12
. Final Notes: Daily with PSAR support is in consolidation and EMA in slider with Purple also we got White and Purple crossing and open below Smooth. 4h full down, also 2h full down. 1h with White/Purple crossing turned to consolidation and trading below resistances. The daily being in consolidation and ROMAR trend down, 4h and 2h full down, I will be looking for a short trade from a resistance. Entry for Long: Entry for Short: Next 2h candle or if went above ROMAR, SAR attachment to PSAR I will go short. Readjustments: {image}
Entered Short for 40/40.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2(21518(2)).png Size: 65 KB
  • #13,927
  • May 21, 2018 12:30pm May 21, 2018 12:30pm
Quoting Omarhasan12
{quote} Entered Short for 40/40. {image}
Result: -40
Self Evaluation: Again it's impatience and not looking to the hole picture.
  • #13,928
  • May 21, 2018 2:10pm May 21, 2018 2:10pm
Quoting timetolearn
{quote} Entered Short at opened GAP with ema resistance. {image}
Result: -40 SL

Self Evaluation: Bad Trade - I realized that Both the DB/SAR were at the bottom with the H2. I had to just waiting for the right set up which is purple crossed white when open candle above smooth then pull the trigger for the up.

Deha
  • #13,929
  • May 21, 2018 5:00pm May 21, 2018 5:00pm
Trading plan 22/05/2018
Economic news : no red news

Daily
ROMAR - resistance
EMA – Support
Parabolic - Support

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow – up
Last SAR Attachment - down at 129.529
Fibonacci- green

Notes : Green EMA arrow has appeared. 4horsemen with ema is up. Romar is waiting as a resistance 60 pips above market.

H4
ROMAR - resistance
EMA – Support
Parabolic – Support
Checklist:
Last SAR Attachment - up at 130.992
Fibonacci- green

Notes : Romar still resistance but 4horsemen with ema is up.

H2
ROMAR - Support
EMA – Support
Parabolic – Support

Checklist:
Last DB&SAR Attachment – up at 130.992
Last EMA Alert Arrow – up
Last MACD 0 Crossing - up
Fibonacci - red

Notes: 4horsemen with up. Red arrow and macd is up. Ema crossed romar fort he up.


H1
ROMAR - Support
EMA – Support
Parabolic – Support

Checklist: Last EMA Alert Arrow – up
Last MACD 0 Crossing - up
Fibonacci- green
Notes:4horsemen with romar is in uptrend

FİNAL NOTES : All charts show me that market will go up because there is no resistance till daily romar or fibo 50.

ENTRY
Long: looking for long from support.
Short:
  • #13,930
  • May 21, 2018 8:13pm May 21, 2018 8:13pm
Quoting timetolearn
Trading plan 22/05/2018 Economic news : no red news Daily ROMAR - resistance EMA – Support Parabolic - Support Checklist: Last MACD 0 Crossing - up Last EMA Alert Arrow – up Last SAR Attachment - down at 129.529 Fibonacci- green Notes : Green EMA arrow has appeared. 4horsemen with ema is up. Romar is waiting as a resistance 60 pips above market. H4 ROMAR - resistance EMA – Support Parabolic – Support Checklist: Last SAR Attachment - up at 130.992 Fibonacci- green Notes : Romar still resistance but 4horsemen with ema is up. H2 ROMAR - Support EMA...

Adjustment: I realized that Last DB attachment is lower high so the next attachment will be at the bottom. I will wait for right setup to go short and not long.
  • #13,931
  • May 21, 2018 10:37pm May 21, 2018 10:37pm
Quoting mexican301
Date: 21/05/2018 Currency: Eur/Jpy Market news: Daily: ROMAR - resistance EMA - support PSAR - support Check List: Last MACD 0 crossing: up Last EMA Alert Arrow: down Last DB Attachment: bottom 129.222 Last SAR Attachment: bottom 129.520 Fibonacci: up Notes: 4 horsemen up with EMA sliding with smooth and Purple crossing white for the down meaning we could be going into another slider or ranging till a breakout. 4 HR: ROMAR - resistance EMA - resistance PSAR - resistance Check List: Last MACD 0 crossing: down Last EMA Alert Arrow: down Last DB Attachment:...
Evaluation: SL 40 hit. H1 and H2 were not in sync when the trade was taken. Rule broken.
relied on the H4 purple crossing EMA when H2 is the trading chart.
TP was not going to be hit with the daily fibo 38.2 as support with profit below it.
I broke another rule trading against the DB/SAR in consolidation.

Even looking in the mirror i cannot say i would of brought with the purple cross white with having romar as such close resistance.

Still something i am not understanding when the market is in this type of consolidation or i wouldnt have lost the trade.
Causa sui
  • #13,932
  • May 22, 2018 8:50am May 22, 2018 8:50am
My Trading Plan: EURJPY

Date (Local): 22/05/2018
Time: Tokyo Open

Red News:
No red news.


Daily:

ROMAR: Resistance
EMA: Support
PSAR: Support

Checklist:

Last MACD 0 Cross: Up
Last EMA arrow: Up
Last DB attachment: Bottom at 129.222
Last SAR attachment: Bottom at 129.520
Fibo: Up/Green

Notes: DB is on bottom. SAR in also on bottom on a HL. EMA crossed Purple for up. Purple, White, Smooth and EMA are all together. Candle opened above Purple.


H4:

ROMAR: Resistance
EMA: Support
PSAR: Support

Checklist:

Last DB attachment: Top at 131.112
Last SAR attachment: Top at 130.992
Fibo: Green/Up

Notes: 4 horsemen are up along with EMA against ROMAR resistance. SAR is on top far above Parabolic and Parabolic flipped. SAR connected on top to a LH. ROMAR is about to cross for up. Candle opened above Purple.


H2:

Day Open Price: 130.926
ROMAR: Support
EMA: Support
PSAR: Support

Checklist:

Last MACD 0 Cross: Up
Last EMA arrow: Up
Last DB attachment: Top at 130.992
Last SAR attachment: With and under DB
Fibo: Green/Up

Notes: 4 horsemen are along with EMA and ROMAR. Candle opened below Purple but above Smooth and 61.8 Green fibo.


H1:

ROMAR: Support
EMA: Support
PSAR: Support

Checklist:

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

Notes: 4 horsemen are along with EMA and ROMAR. Candle opened on Smooth.


Final Notes: Market is in consolidation. Daily can move up to ROMAR or Parabolic. H2 can move up to 100 fibo or can go down to Parabolic to connect with SAR.

Entry for Long: Will be looking for long from support possibly after H2 SAR connection.

Entry for Short: ---

Adjustments: H2 SAR connected on bottom on ROMAR. Will go for long on open candle above H2 EMA.

Adjustments: Market hit 100.0 fibo near upper BB on H2 from Parabolic on a single candle. Couldn’t take the long. But it is a good place to go short as Daily is near ROMAR and H4 also near 100.0 fibo. Decided to go short on this open candle.

Final Entry: Short at 131.228 for 40/40

Attached Image (click to enlarge)
Click to Enlarge Name: Entry EJ H2 2018-05-22-1400.png Size: 82 KB


Result: TP hit (+40)

Self Evaluation: I think this was a good trade taking short from Upper BB on H2 and H4 near 100.0 fibo and Daily ROMAR resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: Result EJ H2 2018-05-22-1400.png Size: 81 KB
  • #13,933
  • May 22, 2018 3:15pm May 22, 2018 3:15pm
Quoting timetolearn
{quote} Adjustment: I realized that Last DB attachment is lower high so the next attachment will be at the bottom. I will wait for right setup to go short and not long.
NO ENTRY for today.

I missed short trade which is market open candle at 130.221
  • #13,934
  • May 23, 2018 2:18am May 23, 2018 2:18am
Good day for everyone
===========================================================================================
DAILY CHART – 23/05/18:
NEWS: No Red News
ROMAR: Resistance
EMA: Resistance
Parabolic: Support

NOTES: Purple crossed EMA and white, market is below parabolic which was eliminated

2 HOUR CHART:

ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance

NOTES: very near BB, SAR and DB down on this candle

1 HOUR CHART:

ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance

Notes: very near BB, SAR and DB down on this candle

Conclusion: Market is in strong downtrend, don't want to get in a counter-trend, will wait to sell on retracement to Purple.
===========================================================================================
Attached Image (click to enlarge)
Click to Enlarge Name: 23_5_18.jpg Size: 319 KB
  • #13,935
  • May 23, 2018 5:16am May 23, 2018 5:16am
hi Guys,
anyone having problem with Forex.com price?

since today the difference with my broker is 10-50 pips away.
my broker is Monex, approved by the "SEC" in our country.

Also, investing.com has the same price as my broker.

So.. what server can we use now Mr. Dove?
Attached Image
  • #13,936
  • May 23, 2018 5:43am May 23, 2018 5:43am
Quoting St.wolF
hi Guys, anyone having problem with Forex.com price? since today the difference with my broker is 10-50 pips away. my broker is Monex, approved by the "SEC" in our country. Also, investing.com has the same price as my broker. So.. what server can we use now Mr. Dove? {image}
Hi St.wolF,
I have the same problem. Especially during a big move the divverence between forex.com and Activtrades (from UK) is up to 50 pips.
I have checked in parallel with oanda.com and it seems that Activtrades has the right price.

Regards
  • #13,937
  • May 23, 2018 6:36am May 23, 2018 6:36am
Quoting Cili
{quote} Hi St.wolF, I have the same problem. Especially during a big move the divverence between forex.com and Activtrades (from UK) is up to 50 pips. I have checked in parallel with oanda.com and it seems that Activtrades has the right price. Regards
I think that problem is from demo account
  • #13,938
  • May 23, 2018 7:13am May 23, 2018 7:13am
Quoting Cili
{quote} Hi St.wolF, I have the same problem. Especially during a big move the divverence between forex.com and Activtrades (from UK) is up to 50 pips. I have checked in parallel with oanda.com and it seems that Activtrades has the right price. Regards
Thanks!
different server in Forex.com also has different rate. i cannot comprehend. 1 server price is UP. another server price is DOWN!
Dove also mentioned before not to use oanda chart
moreover, DB SAR don't look right in charts that has the same price as our broker
  • #13,939
  • Edited 8:57am May 23, 2018 7:24am | Edited 8:57am
Quoting St.wolF
hi Guys, anyone having problem with Forex.com price? since today the difference with my broker is 10-50 pips away. my broker is Monex, approved by the "SEC" in our country. Also, investing.com has the same price as my broker. So.. what server can we use now Mr. Dove? {image}
Yes. Forex.com demo servers fall behind sometimes when there is high volatility. I have seen that before. It catches up when the market calms down. And price feed to the real servers should not vary more than a few pips for a couple of seconds. Otherwise anyone can be millionaire trading the slow servers. As for today, I found that my forex.com demo server falls behind for about half an hour. And today EURJPY moves more than 50 pips in less than 30 minutes. So today demo to real price difference in EJ was more than 50 pips.
  • #13,940
  • Edited 9:59am May 23, 2018 9:20am | Edited 9:59am
Sell entry on H1 EMA and H2 White Resistance:

Attached Image (click to enlarge)
Click to Enlarge Name: 23_5_18_open.jpg Size: 361 KB



Result: +40 pips

Attached Image (click to enlarge)
Click to Enlarge Name: 23_5_18_close.jpg Size: 319 KB


Conclusion: The target was hit very fast, seems like this is the confluence i have read before.
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