The Paradox System | Page 699 | 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

  • #13,961
  • May 28, 2018 1:15am May 28, 2018 1:15am
Quoting TraderMarcos
{quote} another trader who wants to short cut and lazy ! if you have studied everything you will never suppose to ask this kind of question! ive seen you only subscribe last May 10 and all you want is to go to the last page of this thread to short cut your learning. why dont you start from the beginning for you to learn! Obviously! youre lazy! and want to short cut everything.
May be he did read something and couldn't resist questioning about a wrong entry!!!
  • #13,962
  • May 28, 2018 1:18am May 28, 2018 1:18am
Quoting Ronin303
{quote} May be he did read something and couldn't resist questioning about a wrong entry!!!
Thanks for understanding Ronin303, that was exactly what I thought
  • #13,963
  • May 28, 2018 4:29am May 28, 2018 4:29am
Quoting TraderMarcos
{quote} another trader who wants to short cut and lazy ! if you have studied everything you will never suppose to ask this kind of question! ive seen you only subscribe last May 10 and all you want is to go to the last page of this thread to short cut your learning. why dont you start from the beginning for you to learn! Obviously! youre lazy! and want to short cut everything.
I just think he was being rhetorical.
  • #13,964
  • May 28, 2018 12:58pm May 28, 2018 12:58pm
Quoting dove_alliance
Hello Traders and Warning – be sure to read this entirely. This last Friday Forex.com had completed their world wide upgrade. Very shortly the demo accounts servers that you are using will no longer be available. If you have a live account then you should had already been contacted and been upgraded with your live accounts. What this means all demo accounts will crash and no longer be available until you have opened a new 30 day demo account with Forex.com with either USA or UK (depending on your location). Now here is what you must; and have to...

Sir is it possible to buy from you the NinjaTrader version
  • #13,965
  • May 28, 2018 1:43pm May 28, 2018 1:43pm
Quoting timetolearn
{quote} Went short according to plan... {image}

Self Evaluation:

I went short early. I think ronin was right. I needed to wait for short entry until open candle at 128.464 (confluence). Because at this moment
1-Market hit white and fibo 23.6 resistance on daily chart.
2-SAR attached at parabolic resistance on H4.
3-DB and magenta divergence attached at fibo 50 resistance.

Anyway live and learn. I have to study hard.

Best Regards...

Deha
  • #13,966
  • May 28, 2018 3:10pm May 28, 2018 3:10pm
Quoting timetolearn
{quote} Self Evaluation: I went short early. I think ronin was right. I needed to wait for short entry until open candle at 128.464 (confluence). Because at this moment 1-Market hit white and fibo 23.6 resistance on daily chart. 2-SAR attached at parabolic resistance on H4. 3-DB and magenta divergence attached at fibo 50 resistance. Anyway live and learn. I have to study hard. Best Regards... Deha
Well Deha, as you mentioned my name I would like to give you a clear comment what I thought.

Yes, I thought your entry for short was wrong because according to my knowledge that was a good setup for going long as I did. But you also said in your self evaluation that you should wait for short until open candle at 128.464 which I think was also wrong. Because market could very well go up to the H2 ROMAR and 61.8 fibo which is Daily Smooth and there were more than 40 pips to H2 ROMAR which place your SL below H2 ROMAR. So according to my observation the safest entry going short was the next H2 open candle below EMA at 128.001

THIS IS ONLY MY OBSERVATION AND I AM LEARNING.

Regards,
Ronin
  • #13,967
  • May 28, 2018 4:19pm May 28, 2018 4:19pm
Quoting Ronin303
{quote} Well Deha, as you mentioned my name I would like to give you a clear comment what I thought. Yes, I thought your entry for short was wrong because according to my knowledge that was a good setup for going long as I did. But you also said in your self evaluation that you should wait for short until open candle at 128.464 which I think was also wrong. Because market could very well go up to the H2 ROMAR and 61.8 fibo which is Daily Smooth and there were more than 40 pips to H2 ROMAR which place your SL below H2 ROMAR. So according to my observation...
Many thanks for your observation my friend! I am still learning like you.
Keep up the good work. By the way sorry for my english.

Deha
  • #13,968
  • May 28, 2018 4:57pm May 28, 2018 4:57pm
Trading plan 29/05/2018
Economic news : EST 10.00 USD consumer confidence=red news

Daily
ROMAR - resistance
EMA – resistance
Parabolic - resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow – down
Last DB Attachment - down at 126.851
Fibonacci- green

NOTES: Market is out of balance again and 100 pips far away from purple resistance. 4horsemen with ema is strogly downtrend.

H4:
ROMAR – resistance
EMA - resistance
Parabolic – resistance

Checklist:
Last DB Attachment – down at 126.851
Fibonacci – green


NOTES: 4horsemen with ema is in downtrend. Both divergence attached at the bottom with DB attachment

H2:
ROMAR – resistance
EMA - resistance
Parabolic – resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow – down
Last DB/SAR Attachment – bottom at 126.851
Fibonacci – green

NOTES: 4horsemen is in downtrend. Both divergence at the bottom with DB/SAR so next attachment will be at the top.


H1:
ROMAR - resistance
EMA - resistance
Parabolic – resistance

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


NOTES: 4horsemen is up but romar is still resistance. Purple crossed white and smooth for up and macd is going up.


Final Notes: In all charts(d1-h4-h2), DB attachment with both divergences at the bottom and next attachment will be at the top. Market is 25-30 pips above db attachment but parabolic resistance is waiting above market about 85 pips on H2.
Parabolic and 23.6 are waiting as a resistance 80 pips above market and divergences attached at the bottom with DB on H4
Conclusion, i think market don't have pips to go South so i will go long with tokyo session.


ENTRY
Long: Will be looking for long with tokyo session.
Short:
  • #13,969
  • May 28, 2018 5:15pm May 28, 2018 5:15pm
Quoting timetolearn
Trading plan 29/05/2018 Economic news : EST 10.00 USD consumer confidence=red news Daily ROMAR - resistance EMA – resistance Parabolic - resistance Checklist: Last MACD 0 Crossing - down Last EMA Alert Arrow – down Last DB Attachment - down at 126.851 Fibonacci- green NOTES: Market is out of balance again and 100 pips far away from purple resistance. 4horsemen with ema is strogly downtrend. H4: ROMAR – resistance EMA - resistance Parabolic – resistance Checklist: Last DB Attachment – down at 126.851 Fibonacci – green NOTES: 4horsemen with ema is...
Went long according to my plan.
Attached Image (click to enlarge)
Click to Enlarge Name: lll.png Size: 56 KB
  • #13,970
  • May 28, 2018 7:41pm May 28, 2018 7:41pm
EURJPY Date: 29/05/18
News: High impact USD 3pm . Med impact EUR 9am
Daily:
ROMAR –Resistance
EMA - Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: down, bigger bar
Last EMA Alert Arrow: down
Last DB Attachment: new low of 126.851 running together with sar and gold divergance
Fibo up or down: green and up

Notes: yesterday market found resistance at white and went down, creating a new low. 4hm down and 85 pips away from nearest resistance currently.

2 HR:
OPEN PRICE – 127.200
ROMAR –Resistance
EMA - Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: bottom 126.851 with lime green tag, and gold and lsb divergance
Fibo up or down: green and up.

Notes:4hm are down, with bbs opening up . market retraced after making a new low with both divergances attached.

1 HR:
ROMAR –Resistance
EMA – Resistance
PSAR –Resistance

Check List
Last MACD 0 crossing: down, miniscule bar
Last EMA Alert Arrow: down
Fibo up or down: green and up

Notes: 4hm turning up with purple and then white smooth cross, and holding support currently.

Final Notes for all three charts: h1 turning up, h2 down, h4 turning back down and daily down. H1 preparing for a small swing up, we are in a romar downtrend on all charts, so will look to sell at a good level of resistance a good place to sell would be at the touch of the 4hm resistance on h4, or h2 ema, psar entries or wait for sar attachment.


Entry: entered at new daily open candle for short, 40/40 (127.115- candle with red arrow) as h1 turned for a slider back into the downtrend making 4hm in sync for the down on all charts .
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 60 KB
  • #13,971
  • May 28, 2018 8:13pm May 28, 2018 8:13pm
Quoting SuchParadox
EURJPY Date: 29/05/18 News: High impact USD 3pm . Med impact EUR 9am Daily: ROMAR –Resistance EMA - Resistance PSAR –Resistance Check List: Last MACD 0 crossing: down, bigger bar Last EMA Alert Arrow: down Last DB Attachment: new low of 126.851 running together with sar and gold divergance Fibo up or down: green and up Notes: yesterday market found resistance at white and went down, creating a new low. 4hm down and 85 pips away from nearest resistance currently. 2 HR: OPEN PRICE – 127.200 ROMAR –Resistance EMA - Resistance PSAR –Resistance Check...

Evaluation: That was quick . Tp hit +40. good trade, was expecting a deeper pullback, but in the moment all charts were back in sync for the continuation of the down trend, only worry some thing was purple white cross on h2. but the confluence on all charts had the power.

now I can Sleep, its 2am here in the UK so goodnight guys.
  • #13,972
  • May 28, 2018 11:31pm May 28, 2018 11:31pm
Quoting chunk
{quote} Sir is it possible to buy from you the NinjaTrader version
Read post# 4043 on page 203 mate, that might help
  • #13,973
  • May 29, 2018 8:32am May 29, 2018 8:32am
My plan was to go short but I couldn't make an entry today. I was waiting for little more pull back at least up to H2 EMA which never happened. Will see tomorrow.
  • #13,974
  • May 29, 2018 3:37pm May 29, 2018 3:37pm
Quoting timetolearn
{quote} Went long according to my plan. {image}
Self Evaluations :

SL hit again. I have to be more patient because market 250 pips went south today. I was confused with another scenario. Every scenario has own rules. Last 5-6 days we are in strongly downtrend. That's why my entry was big mistake. I have noticed there was maybe 3 entries for short clearly. But one trade for one day so i didnt take another entry.

Best regards...

Deha
  • #13,975
  • May 30, 2018 4:16am May 30, 2018 4:16am
My Trading Plan: EURJPY

Date (Local): 30/05/2018
Time: Tokyo Open

Red News:
0000 (GMT) - JPY - BOJ Gov Kuroda Speaks
1215 (GMT) - USD - ADP Non-Farm Employment Change


Daily:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 Cross: Down
Last EMA arrow: Down
Last DB attachment: Bottom at 124.610
Last SAR attachment: Together with DB
Fibo: Up/Green

Notes: Daily is in full down. Last DB SAR attachment was at bottom of yesterday’s candle below lower BB. Green Fibo relocated. Candle opened way below Purple.


H4:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last DB attachment: Bottom at 124.610
Last SAR attachment: Together with DB
Fibo: Green/Up

Notes: H4 is in full down. Last DB SAR attachment was at bottom. Candle opened below Purple.


H2:

Day Open Price: 125.338
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 Cross: Down
Last EMA arrow: Down
Last DB attachment: Bottom at 124.610
Last SAR attachment: With and under DB
Fibo: Green/Up

Notes: H2 is in strong down along with ROMAR, EMA and Parabolic. Candle opened just below Purple.


H1:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

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

Notes: ROMAR, EMA and Parabolic are down. White crossed Purple for up.


Final Notes: All charts are in downtrend. On Daily DB SAR connected on bottom yesterday and candle opened far below Purple. H4 four horsemen are down and candle opened just below Purple. H2 is also full down retraced from Smooth and candle opened just below Purple.

Entry for Long: ---

Entry for Short: Will be looking for short from resistance possibly after H2 SAR attachment.

Adjustments: H2 SAR attached on Parabolic. Decided to go short on this mid candle.

Final Entry: Short at 125.901 for 40/40

Attached Image (click to enlarge)
Click to Enlarge Name: Entry EJ H2 2018-05-30-1200.png Size: 70 KB


Result: SL hit (-40)

Self Evaluation: Mid candle entry was a bad idea. Market is moving like crazy. Almost every candle is 40 pips. I found it hard to pin point an entry. After moving 85 pips up from morning I thought market would retrace from H2 Parabolic with SAR attachment to at least H2 Purple which was more than 65 pips. EMA was 30 pips below Parabolic and Purple was another 35 pips below EMA. These were my cause for entry in mid candle. Anyway… these huge movements for days are new situations to me. Trying to learn.

Attached Image (click to enlarge)
Click to Enlarge Name: Result EJ H2 2018-05-30-1200.png Size: 69 KB
  • #13,976
  • May 30, 2018 5:16am May 30, 2018 5:16am
I was about to go for that trade too. As I understand when the purple crosses the smooth that possibly indicates a reversal. Also at that moment on the H1 the purple was about to cross the EMA too which I think also indicates a reversal. Therefore I did not take the trade.
May Peace & Blessings Of The Almighty God Be Upon You.
  • #13,977
  • May 30, 2018 5:25am May 30, 2018 5:25am
I think you are right mrafzal. Now we have H1 and H2 charts in reversal, both have Ema which have crossed purple.
Consolidation has started.
  • #13,978
  • May 30, 2018 4:40pm May 30, 2018 4:40pm
EURJPY Date: 31/05/18
News: no Major news impact.
Daily:
ROMAR –Resistance
EMA - Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: bottom 124.610
Fibo up or down: green and up

Notes: 4hm down, market retraced back above purple and white holding resistance. 200pip retarce

2 HR:
OPEN PRICE – 127.030
ROMAR – Resistance
EMA -Support
PSAR – Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up, same candle with macd arrow
Last DB Attachment: up 127.305, thistle tag and no divergance
Fibo up or down: green and up

Notes:4hm up , market just under romar, db attached with no divergence. 61.8 fibo holding support

1 HR:
ROMAR – Support
EMA – Support
PSAR – Support

Check List
Last MACD 0 crossing: up, smaller bar
Last EMA Alert Arrow: up
Fibo up or down: red and down

Notes:4hm up, ema just crossed romar, but could be a slider. 4hm curving with purple holding resistance and smooth support currently in a constricted sideways movement.

Final Notes for all three charts: h1 up, h2 up, h4 turned up and daily down, we are in a consolidated uptrend. H4 purple crossed ema up, h2 still with thistle tag and still green fibo with market now inbetween the 100 and 61.8 , indicating the move up isn’t done.
I will look for a retracement to buy from a good level of support, i.e h4 purple, h2 ema, sar attachment , daily fibo support or a confluence of factors on all charts
  • #13,979
  • May 30, 2018 9:08pm May 30, 2018 9:08pm
Quoting SuchParadox
EURJPY Date: 31/05/18 News: no Major news impact. Daily: ROMAR –Resistance EMA - Resistance PSAR –Resistance Check List: Last MACD 0 crossing: down Last EMA Alert Arrow: down Last DB Attachment: bottom 124.610 Fibo up or down: green and up Notes: 4hm down, market retraced back above purple and white holding resistance. 200pip retarce 2 HR: OPEN PRICE – 127.030 ROMAR – Resistance EMA -Support PSAR – Support Check List: Last MACD 0 crossing: up Last EMA Alert Arrow: up, same candle with macd arrow Last DB Attachment: up 127.305, thistle tag and no...
Adjustments: went short 40/40 on new candle

reasons: h2 opened below ema, with ema arrow to confirm. h1 psar now resistance with ema in a slider and open below romar
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 67 KB
  • #13,980
  • May 30, 2018 9:31pm May 30, 2018 9:31pm
Daily
ROMAR - resistance
EMA – resistance
Parabolic - resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow – down
Last DB Attachment - down at 124.610
Fibonacci- green
NOTES: 4horsemen with ema are in strongly downtred. DB attached at the bottom with both divergence.

H4:
ROMAR – resistance
EMA - support
Parabolic – support
Checklist:
Last DB/SAR Attachment – top at 127.305

Fibonacci – green


NOTES: 4horsemen are in downtrend but romar is still resistance. Purple crossed ema and parabolic flipped for up.

H2:
ROMAR – resistance…..
EMA - support
Parabolic – support

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow – down
Last DB/SAR Attachment – top at 127.305
Fibonacci – green

NOTES: Romar is waiting as a resistance at 127.400. Purple crossed white but not smooth and ema. So trend is still up.

H1:
ROMAR - support
EMA - support
Parabolic – resistnce

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down


NOTES: 4horsemen is up and ema crossed romar for up it means romar is support now.


Final Notes: D1 full blown downtrend and daily new candle opened at 126.818 above white resistance however white is acting as support. Smooth is waiting above market at 127.250 as a resistance. Market touched ema support on H4. Ema crossed Romar and now romar is support on H1. What about H2? DB at the top with magenta divergence and SAR at the bottom, SAR attached ema support, macd is up. So i believe that i should go long next bar.

ENTRY
Long: Will be looking for long next open bar on H2
Short:

Went long when opened bar after SAR attached.
Attached Image (click to enlarge)
Click to Enlarge Name: dddddd.png Size: 54 KB
3 traders viewing now