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The Paradox System

  • #14,101
  • Jul 2, 2018 8:52am Jul 2, 2018 8:52am
Quoting SuchParadox
{quote} Well, as anyone can advise you, you shouldn't just take anyone's trade but think for yourself by making a trading plan, that way you could learn so much more and what if my trade had failed? I won't be held accountable for that.
Thanks for the advice. I am learning your system and I had come up with almost some trade and you info confirmed it. Thanks for the system, grateful for your service.
  • #14,102
  • Edited 5:00pm Jul 2, 2018 4:42pm | Edited 5:00pm
EURJPY Date: 03/07/18
News: No Major news.
Daily:
ROMAR –Resistance
EMA - Support
PSAR – Support

Check List:
Last MACD 0 crossing: up, ascending bar
Last EMA Alert Arrow: up, same bar as macd up.
Last DB Attachment: top, 129.489
Fibo up or down: green and up

Notes: Romar down. 4hm turned up, with purple completing the cross of ema. Daily Romar holding resistance, and market found support at white, with around a 100 pip range. Db attached at daily romar with thistle tag and just magenta divergence, indicating there is yet more room to go up, however this being on the daily, it could still take several days.
4 HR:
ROMAR – Support
EMA – Support and Resistance
PSAR - Resistance

Check List:
Last DB Attachment: top 129.489, sar bottom 128.406
Fibo up or down: red and down.
Notes: 4hm turning down, with purple currently at ema for the crossing down. Market came down and found Romar support, with the sar detaching from db just 5 pips away from romar, for the entry back up. Fibo is still red and BB’s are wide opened.

2 HR:
OPEN PRICE –128.950
ROMAR – Support
EMA - Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: down, smaller bar
Last EMA Alert Arrow: up
Last DB Attachment: bottom, 128.406, sar top 129.099
Fibo up or down: red and down.

Notes:4hm down, however purple sliding with white for a possible turn back up or slider. Sar detached from db (at romar support) and attached just at psar resistance with only the thistle tag. The up ema alert arrow showing up, hinting at a possible reversal up with the db connecting back with the sar. Macd bars are down however gradually getting smaller. Fibo is still red and BB’s are quite flat.

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

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

Notes:4hm turning back up, after the down move. Purple about to cross ema up. Fibo has turned green for the up with BB’s closing in. Macd bars are now up and gradually increasing in size.

Final Notes for all three charts: h1 turning up, h2 turning up, h4 turning down, daily turning up. We are in consolidation, with a current upswing forming, will look to enter a buy from a good level of support or after a possible retrace to support, unless anything changes.
  • #14,103
  • Jul 2, 2018 6:22pm Jul 2, 2018 6:22pm
Quoting timetolearn
Trading plan 02/07/2018 Economic news : EST 10.00 ISM Manufacturing PMI Daily ROMAR - resistance EMA - support Parabolic - support Checklist: Last MACD 0 Crossing - up Last EMA Alert Arrow – up Last DB/SAR Attachment - up at 129.458 Fibonacci - green Notes: market hit romar resistance at 129.458. Fibo 61.8 is support at 128.800. H4 ROMAR - support EMA - support Parabolic - support Checklist: Last DB&SAR Attachment - at 127.246 Fibonacci - red Notes : 4horsemen with ema is up. Fibo 23.6 is support at 128.900. Market opened under purple. H2 ROMAR...
Self Evaluations: Tp hit. Took 40 pips. It was good trade. When i look at daily chart, as you can see that DB is moving from bottom to top and vice versa. Best entry can be when market hit romar resistance on daily and fibo 0.0 resistance on h2 at the same time. However it is just my idea so maybe i am wrong. Anyway all i can say that we have to see big picture to pull the trigger.

Best regards...

Deha
  • #14,104
  • Jul 2, 2018 9:00pm Jul 2, 2018 9:00pm
Quoting SuchParadox
EURJPY Date: 03/07/18 News: No Major news. Daily: ROMAR –Resistance EMA - Support PSAR – Support Check List: Last MACD 0 crossing: up, ascending bar Last EMA Alert Arrow: up, same bar as macd up. Last DB Attachment: top, 129.489 Fibo up or down: green and up Notes: Romar down. 4hm turned up, with purple completing the cross of ema. Daily Romar holding resistance, and market found support at white, with around a 100 pip range. Db attached at daily romar with thistle tag and just magenta divergence, indicating there is yet more room to go up, however...

Entry: Entered long for 40/40, after the retrace to daily purple with 61.8 fibo confluence, retrace to purple support on h2 and close to romar support on h1
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  • #14,105
  • Jul 3, 2018 1:08am Jul 3, 2018 1:08am
Quoting SuchParadox
{quote} Entry: Entered long for 40/40, after the retrace to daily purple with 61.8 fibo confluence, retrace to purple support on h2 and close to romar support on h1 {image}
Took 40 from the market. Another straight forward trade taken from support. This trade was good because I followed through on my plan and I also had the confluence for taking it. It was the best possible entry as market hardly went against me.

Have a great day guys, England is playing today!
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  • #14,106
  • Jul 3, 2018 5:19am Jul 3, 2018 5:19am
Quoting SuchParadox
{quote} Took 40 from the market. Another straight forward trade taken from support. This trade was good because I followed through on my plan and I also had the confluence for taking it. It was the best possible entry as market hardly went against me. Have a great day guys, England is playing today! {image}
Smart analysis. not quite getting the hang of support and resistance in these situations but making progress.
  • #14,107
  • Jul 3, 2018 5:38am Jul 3, 2018 5:38am
Hi everyone,

I'm just letting you all know that when your 30 days demo expires and you re-log into a new demo account on MT4 you have created it will corrupt your charts. Eg: my daily chart was 50 pips out on ROMAR.

To fix it you just need to close each of the 5 charts and re-load the eur/jpy charts all over again.
Causa sui
  • #14,108
  • Jul 3, 2018 9:11am Jul 3, 2018 9:11am
Trading plan 03/07/2018

Economic news : no

Daily
ROMAR - resistance
EMA - support
Parabolic - support

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow – up
Last DB/SAR Attachment - up at 129.552
Fibonacci - green

Notes: Market is moving betwen romar resistance and purple support. Last db at the top so next DB should be at the bottom but anything can happen.

H4
ROMAR - support
EMA - support
Parabolic - resistance(eliminated)

Checklist:
Last DB Attachment - up at 129.552
Fibonacci - red

Notes : Parabolic didnt flip so parabolic trend still down.

H2
ROMAR - support
EMA - support
Parabolic - support(eliminated)

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment- up at 129.552
Fibonacci - red

Notes: purple crossing white and db at the top new candle opened under ema when white cross purple.

H1
ROMAR – support
EMA - support
Parabolic - resistance

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

Notes: h1 is turning down with 4 horsemen market is struggling romar support

FİNAL NOTES: Big picture is saying that market is going down. Db attachs from down to bottom and vice versa so next db should be at the bottom on d1 chart. Sar attached at parabolic resistance on h2. Thinking go short and wait for opportunity.

ENTRY: i went short open candle under ema with right setup for down.
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  • #14,109
  • Jul 3, 2018 5:33pm Jul 3, 2018 5:33pm
EURJPY Date: 04/07/18
News: No major news today, USA bank holiday.
Daily:
ROMAR –Resistance
EMA - Support
PSAR – Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up, same bar as macd up.
Last DB Attachment: top 129.552
Fibo up or down: Green and up.

Notes: market caught between 61.8 fibo support, and daily romar resistance. 4hm are turned up, with purple in a 60 pip range to romar. Db attached to the current daily candle, holding magenta divergence with the thistle tag, slightly above romar resistance. 100 fibo is currently out of striking range, with the market keeping above 61.8 fibo since Friday. BB’s are flat.
4 HR:
ROMAR – Support
EMA – Support
PSAR - Resistance

Check List:
Last DB Attachment: top, 129.552
Fibo up or down: red and down
Notes:4hm are turned up, however it’s rather odd that psar has kept its position as resistance, despite purple having crossed the ema up several candles ago. Romar support currently 42 pips away. Market bumped the previous high by less than 10 pips. Fibo is red and the BB’s are beginning to close in.

2 HR:
OPEN PRICE –128.900
ROMAR – Support
EMA - Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down, in sequence with the macd arrow.
Last DB Attachment: top, 129.552. sar bottom, 128.717
Fibo up or down: red and down

Notes:4hm turned down. Last sar attachment at the bottom, in confluence with daily 61.8 fibo. Romar support 30 pips away from purple resistance. Market made a higher high, then a lower high, quite possibly for the re-entry back up with the confluence of up on the daily. BB’s are flat and 38.2 fibo currently holding support, causing sideways movement.

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

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

Notes:4hm turning back up, with purple crossing smooth and currently holding support along with Romar. H1 is in the beginning of a slider for either a reversal back up or a continuation for the down, with the macd bars gradually getting smaller.

Final Notes for all three charts: h1 turning up, h2 turning down, h4 turned up, daily turned up (romar down). We are in somewhat of a slight consolidated uptrend with the market making higher highs and higher lows with its swings. H2 is turning down, however this is in conflict with h1 and the daily.
Since we are in consolidation, in what looks to be close to the bottom of the current downswing, will look for an entry at support, if h1 holds the market up. Unless anything changes.
I will wait for the next daily candle before I make any decisions. If market reaches h2 romar, with the confluence of h4 and daily, I will look to buy, provided the right setup.
  • #14,110
  • Jul 4, 2018 5:14am Jul 4, 2018 5:14am
Quoting timetolearn
Trading plan 03/07/2018 Economic news : no Daily ROMAR - resistance EMA - support Parabolic - support Checklist: Last MACD 0 Crossing - up Last EMA Alert Arrow – up Last DB/SAR Attachment - up at 129.552 Fibonacci - green Notes: Market is moving betwen romar resistance and purple support. Last db at the top so next DB should be at the bottom but anything can happen. H4 ROMAR - support EMA - support Parabolic - resistance(eliminated) Checklist: Last DB Attachment - up at 129.552 Fibonacci - red Notes : Parabolic didnt flip so parabolic trend still...

Self evaluations: Tp hit took 40 pips.

I think it was good trade. On daily chart 4horsemen was up but we are in daily ranging mode. Last DB attachment was at the top and i knew that next one would be at the bottom on this scenario. That's why i focused on h2 chart and waited for right setup to go short. Ema red arrow and macd arrow appeared for down respectively. Purple was crossing white when new candle opened over ema. Fibo was down. H1 turned already for down. By the way, I didnt see kuroda had speech at 20.00 EST time on economic calendar but it happened. Anyway it doesn't matter because i knew news generally go in the direction of the trend. Market trend was down.

Best regards

Deha
  • #14,111
  • Jul 4, 2018 9:36am Jul 4, 2018 9:36am
Hi guys, i am back after some study to post a daily plan:

===========================================================================================
DAILY PLAN – 04/07/18:
NEWS: no Red News

DAILY CHART:
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ROMAR: Resistance
EMA: Support
Parabolic: Support

NOTES: 4 hoursemen are up with declining MACD and stuck between EMA support and Romar resistance with flat BB.
Green FIBO market at 61.8

2 HOUR CHART:
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ROMAR: Support
EMA: Resistance
Parabolic: Resistance

NOTES: 4 hoursemen are down with 15 points between Romar / Ema crossing, Last DB with price label was 2 bars ago hit with Romar support
Red FIBO market below 61.8 with last swing 8 pips to 100.

1 HOUR CHART:
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ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance

Notes: Downtrend hoursemen with purple / white crossing, with possibility of reversal. Green FIBO
Green FIBO market under 23.6 with last swing at 0.0

Conclusion:
Market is in consolidation (Different Romar, flat BB and FIBO discordance).

Sell at EMA crossing Romar in 2h chart would market open below.
Buy at 2h purple / white crossing with parabolic change.
===========================================================================================

I hope you can provide some help and criticism regarding this plan since i still have a lot to study.
Thanks to all and especially dove_alliance.
  • #14,112
  • Jul 4, 2018 9:51am Jul 4, 2018 9:51am
Quoting Sinai
Hi guys, i am back after some study to post a daily plan: =========================================================================================== DAILY PLAN – 04/07/18: NEWS: no Red News DAILY CHART: {image} ROMAR: Resistance EMA: Support Parabolic: Support NOTES: 4 hoursemen are up with declining MACD and stuck between EMA support and Romar resistance with flat BB. Green FIBO market at 61.8 2 HOUR CHART: {image} ROMAR: Support EMA: Resistance Parabolic: Resistance NOTES: 4 hoursemen are down with 15 points between Romar / Ema crossing, Last...
hello my friend your MA lines are wrong on h2 chart. After 17.00 EST time you have to reboot system then your ma lines will be correct. H1 chart is also wrong it should look like mine. By the way, believe me h4 chart will help you. Study and learn. If you have any questions search and i am sure that you can find.

Delete these indicators on h1.
Paradox_SwingHighlow
Paradox_SAR_Swing
Paradox_fibo
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  • #14,113
  • Jul 4, 2018 10:29am Jul 4, 2018 10:29am
Trading plan 04/07/2018

Economic news : no

Daily
ROMAR - resistance
EMA - support
Parabolic - support

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow – up
Last DB/SAR Attachment - up at 129.552
Fibonacci - green

Notes: Market is moving betwen romar resistance and purple support. Last db at the top so next DB should be at the bottom. Fibo 61.8 is resistance at 128.800.

H4
ROMAR - support
EMA - resistance
Parabolic - resistance

Checklist:
Last DB Attachment - up at 129.552
Last SAR Attachment - down at 128.491
Fibonacci - red

Notes : Parabolic trend is holding trend down. Purple cross ema so ema is resistance now. DB is at top and fibo is down. SAR attached at romar support.

H2
ROMAR - support
EMA - resistance
Parabolic – resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB/SAR Attachment- down at 128.491
Fibonacci - red

Notes: purple crossing romar so 4horsemen is both support and resistance. Fibo is still down.

H1
ROMAR - resistance
EMA - resistance
Parabolic - resistance


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

Notes: romar cross ema for down so romar is resistance now.

FİNAL NOTES: Same scenario on d1 chart. Market is moving between purple as a resistance and ema as a support. 4horsemen with ema is down just romar resistance on h4 chart. There are 2 scenario for h2 chart.
1-Purple/ema slider for up
2- romar cross ema for down
However according to big picture, second scenario can happen and not first one.

Entry: looking for short at the right moment.
  • #14,114
  • Jul 4, 2018 12:18pm Jul 4, 2018 12:18pm
Quoting timetolearn
Trading plan 04/07/2018 Economic news : no Daily ROMAR - resistance EMA - support Parabolic - support Checklist: Last MACD 0 Crossing - up Last EMA Alert Arrow – up Last DB/SAR Attachment - up at 129.552 Fibonacci - green Notes: Market is moving betwen romar resistance and purple support. Last db at the top so next DB should be at the bottom. Fibo 61.8 is resistance at 128.800. H4 ROMAR - support EMA - resistance Parabolic - resistance Checklist: Last DB Attachment - up at 129.552 Last SAR Attachment - down at 128.491 Fibonacci - red Notes : Parabolic...
Entry: i went short with open new candle on h1 chart because of volatile market.

Confluence: d1 purple - h4 parabolic and fibo 23.6 - h2 parabolic SAR and fibo 50 resistance.
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  • #14,115
  • Jul 4, 2018 5:55pm Jul 4, 2018 5:55pm
Quoting SuchParadox
EURJPY Date: 04/07/18 News: No major news today, USA bank holiday. Daily: ROMAR –Resistance EMA - Support PSAR – Support Check List: Last MACD 0 crossing: up Last EMA Alert Arrow: up, same bar as macd up. Last DB Attachment: top 129.552 Fibo up or down: Green and up. Notes: market caught between 61.8 fibo support, and daily romar resistance. 4hm are turned up, with purple in a 60 pip range to romar. Db attached to the current daily candle, holding magenta divergence with the thistle tag, slightly above romar resistance. 100 fibo is currently out...

Evaluation: No trade taken today as I didn't see a good opportunity to go long, with conflict on all charts. There was one opportunity, with the sar attachment at h4 romar, in confluence with ema support on daily, however at the time a downtrend seemed to be forming and since the market had a tight range of around 40 pips, with Daily ema support and purple resistance the breakout would more likely have been to the downside. I also missed the down move as there was not enough space to h4 romar support for the 40 at the time of my plan.
I will try again on the next day.
  • #14,116
  • Jul 4, 2018 6:27pm Jul 4, 2018 6:27pm
EURJPY Date: 05/07/18
News: High Impact USD news 1:15pm,3pm,4pm,7pm
Daily:
ROMAR – Resistance
EMA - Support
PSAR – Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: 129.552
Fibo up or down: green and up

Notes: Romar down. 4hm turned up, yesterday market opened below white and kept a tight range of around 45 pips, with purple holding resistance and ema holding support. DB attached just above Romar with the thistle tag and magenta divergence, fibo still green and BB’s beginning to close in.
4 HR:
ROMAR – Support
EMA –Resistance
PSAR - Resistance

Check List:
Last DB Attachment: top, 129.552. Sar Bottom, 128.491
Fibo up or down: red and down
Notes: 4hm turned down, however purple beginning a slider with white, sar attached at romar support with no divergence. BB’s flat.

2 HR:
OPEN PRICE – 128.720
ROMAR – Support
EMA - Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: bottom, 128.491. Sar top, 128.954
Fibo up or down: red and down

Notes: 4hm turning back up with purple about to cross ema up. Ema and macd arrows up in sequence, sar attached to the top of a candle, above psar indicating the continuation of the up move for the db since we are still ranging. Fibos still red and BB’s closing in.

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

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

Notes: we are in a tight range, with 4hm consolidating between romar. Ema currently in a slider with romar, and market in a tight constriction against purple resistance and romar, ready for a breakout either way. BB’s completely flat with market ranging between them.

Final Notes for all three charts: h1 Romar ranging, h2 turning up, h4 turned down and daily turned up.
We are in a tight range, with h4 romar keeping support along with daily ema, and daily purple keeping resistance. In this case I will wait for the breakout either up or down before I make a decision, since the last db hit on h2 was at the bottom, I will look to go long after psar flips to support, with other confluence such as ema crossing romar up on h1 and h4 purple white cross, unless anything changes
  • #14,117
  • Jul 4, 2018 7:09pm Jul 4, 2018 7:09pm
Quoting SuchParadox
EURJPY Date: 05/07/18 News: High Impact USD news 1:15pm,3pm,4pm,7pm Daily: ROMAR – Resistance EMA - Support PSAR – Support Check List: Last MACD 0 crossing: up Last EMA Alert Arrow: up Last DB Attachment: 129.552 Fibo up or down: green and up Notes: Romar down. 4hm turned up, yesterday market opened below white and kept a tight range of around 45 pips, with purple holding resistance and ema holding support. DB attached just above Romar with the thistle tag and magenta divergence, fibo still green and BB’s beginning to close in. 4 HR: ROMAR – Support...
Entry: Entered long at 128.850 for 40/40 on new daily open candle as my criteria were met. H2 psar flipped, h1 ema crossed romar, h4 purple white cross, eliminating psar and market open above daily 61.8 support.

The chart doesn't show my entry as my demo account froze just now, but I have a red arrow on the candle I entered.
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  • #14,118
  • Jul 5, 2018 2:42am Jul 5, 2018 2:42am
Quoting SuchParadox
{quote} Entry: Entered long at 128.850 for 40/40 on new daily open candle as my criteria were met. H2 psar flipped, h1 ema crossed romar, h4 purple white cross, eliminating psar and market open above daily 61.8 support. The chart doesn't show my entry as my demo account froze just now, but I have a red arrow on the candle I entered. {image}

Evaluation: Took 40 from the market. Whenever the market is constricted sideways like that it's mostly followed by a huge breakout. My reasons for entering the long were justified, however in hindsight, I should have still waited for a retrace to support, so In this trade I had a draw down of 20 pips but my sl was securely set below a confluence of support, thus never hit and H2 romar held support with the retrace. .

I know this huge move up was from some unannounced news, however the paradox is 90% set up with the direction of news. And h2 was setup for the long, h4 had made a low to romar support, so next was the high and on daily the 4hm are still up.

The only thing that worried me was the h1 chart turning back down after my entry, however H1 is not my trading chart and h2 was ready for the up.

Have a nice day guys.
  • #14,119
  • Jul 5, 2018 5:10pm Jul 5, 2018 5:10pm
EURJPY Date: 06/07/18
News: USD major news at 1:30 pm GMT including NFP.
Daily:
ROMAR – Resistance
EMA - Support
PSAR – Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: top, 129.621
Fibo up or down: green and up

Notes: Romar down. 4hm up, market broke out to the upside of the tight range between purple and ema. Market once again came to test romar resistance, bumping the fibo a few pips higher, just above romar.
4 HR:
ROMAR – Support
EMA – Support
PSAR - Support

Check List:
Last DB Attachment: up, 129.621
Fibo up or down: red and down
Notes:4hm turned up, market made a higher high, bumping the fibo up a few pips from the previous high. The high is coupled with both divergences, and the magenta tag, with the market retracing to white support. BB’s opening up.

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

Check List:
Last MACD 0 crossing: up, smaller bar
Last EMA Alert Arrow: up
Last DB Attachment: top, 129.621
Fibo up or down: red and down

Notes: 4hm turned up, with purple sliding against white after the retrace to ema. Macd bars getting smaller. The high is with the magenta tag and magenta divergence. BB’s opened up wide.

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

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

Notes:4hm turned down with purple about to slide with ema. Macd bars and down and getting bigger. Ema arrow down, in sequence with macd.

Final Notes for all three charts: h1 turned down, h2 turning down, h4 turned up, daily up. We are in consolidation, trading is from support and resistance. Market made a new high. We are romar up on all charts except daily which is keeping us in consolidation. Market made a swing up with db/sar attaching with divergence, next comes the low. So I will look to enter a short at a good level, unless anything changes.
  • #14,120
  • Jul 5, 2018 7:11pm Jul 5, 2018 7:11pm
Quoting SuchParadox
EURJPY Date: 06/07/18 News: USD major news at 1:30 pm GMT including NFP. Daily: ROMAR – Resistance EMA - Support PSAR – Support Check List: Last MACD 0 crossing: up Last EMA Alert Arrow: up Last DB Attachment: top, 129.621 Fibo up or down: green and up Notes: Romar down. 4hm up, market broke out to the upside of the tight range between purple and ema. Market once again came to test romar resistance, bumping the fibo a few pips higher, just above romar. 4 HR: ROMAR – Support EMA – Support PSAR - Support Check List: Last DB Attachment: up, 129.621...
Entry: entered short for 40/40 at new daily open candle. ope below ema on h2. We are still consolidating. Sl above yesterdays high.
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