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The Paradox System

  • #14,161
  • Jul 18, 2018 5:24pm Jul 18, 2018 5:24pm
Quoting timetolearn
Trading plan 19/07/2018 Economic news : No red news Daily ROMAR - support EMA - support Parabolic - support Checklist: Last MACD 0 Crossing - up Last EMA Alert Arrow - up Last DB Attachment - up at 131.974 Last SAR Attachment - down at 130.870 Fibonacci - red Notes: We are in full blown uptrend. Magenta attached DB at the top. SAR attached 23.6 and ema support. H4 ROMAR - support EMA - resistance Parabolic - resistance Checklist: Last DB Attachment - down at 130.870 Fibonacci - red Notes : 4horsemen was down and tight. DB hit BB downer band with...
I was thinking to go long but i wanted to wait for new candle to see whole picture. Opened under smooth and smooth is acting as a resistance. New candle didnt open over ema on H2 chart. h1 and h4 was already down.

So entered short at 131.300
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  • #14,162
  • Jul 19, 2018 10:53am Jul 19, 2018 10:53am
Quoting SuchParadox
EURJPY Date: 19/07/18 News: No major news Daily: ROMAR – Support EMA - Support PSAR – Support Check List: Last MACD 0 crossing: up Last EMA Alert Arrow: up Last DB Attachment: top, 131.974, sar bottom, 130.870 Fibo up or down: red and down Notes: Romar up. 4hm turned up, db attached with magenta price tag and divergence. Sar attached just above ema, with market consolidating between purple and ema. 4 HR: ROMAR – Support EMA –Resistance PSAR - Resistance Check List: Last DB Attachment: bottom, 130.870 Fibo up or down: red and down Notes: 4hm turned...
Evaluation: Sorry guys, I realize I forgot to post a screenshot of my entry and reasons, so if this trade isn't accepted, I understand, and this evaluation is mostly a few words for myself to keep in mind.

Basically I entered a short on the open of the candle Timetolearn entered. At 131.320. My reasons were, h2 was an ema slider, and with the earlier bb hit, and retrace to ema, the sar attachment showed the completion of the pullback up. H1 was turning back down below romar and h4 was in a downtrend, leaving Daily consolidating between smooth and ema.

Took 40 from the market, This was a good trade in the moment, following the continuation of the consolidated downtrend the paradox was showing.The low made on the previous day was still just above the daily ema, so I knew the target was the ema with still room to go down, with 23.6 as confluence. My first worry was Romar on h2, but we had the 4hm in the strong downtrend, pushing us below H2 romar support, then consolidating until the cross of ema, to further confirm the down move.
  • #14,163
  • Jul 19, 2018 2:24pm Jul 19, 2018 2:24pm
Quoting timetolearn
{quote} I was thinking to go long but i wanted to wait for new candle to see whole picture. Opened under smooth and smooth is acting as a resistance. New candle didnt open over ema on H2 chart. h1 and h4 was already down. So entered short at 131.300 {image}
Self Evaluations: TP hit. It was good trade but my entry was not good i think because market opened 131.375 so i entered 7 pips late. In my opinion when market hit ema resistance on h2&h4 and daily smooth was best entry to go short.
  • #14,164
  • Jul 19, 2018 2:29pm Jul 19, 2018 2:29pm
EURJPY Date: 20/07/18
News: No Red news, However Medium Impact, Opec and G20 all day . Expect volatility.
Daily:
ROMAR – Support
EMA - Support
PSAR – Support

Check List:
Last MACD 0 crossing: up, smaller bar
Last EMA Alert Arrow: up
Last DB Attachment: top, 131.974 , sar bottom 130.717
Fibo up or down: red and down

Notes: Romar up, 4hm turned up with purple at the crossing of white. Sar attached to Ema support, and 23.6 fibo.
4 HR:
ROMAR – Support
EMA –Resistance
PSAR - Resistance

Check List:
Last DB Attachment: bottom, 130.717
Fibo up or down: red and down
Notes: Romar up. 4hm turned down, with db attaching 6 pips above romar support. With gold divergence and LSB. BB’s widened.

2 HR:
OPEN PRICE – 130.900
ROMAR –Resistance
EMA - Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: bottom with sar, 130.717
Fibo up or down: green and up

Notes: Romar down, 4hm turned down with ema crossing romar down. Db attached with lime price tag and gold and LSB divergence just below the lower BB.

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

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

Notes: Romar down, 4hm turned down. H1 completely down.

Final Notes for all three charts: h1 down, h2 down, h4 down, daily consolidating. We are in a consolidated downtrend with 4hm pushing the market lower on h1,h2 and h4, So I will look for a short at a good level of resistance.
  • #14,165
  • Jul 19, 2018 3:09pm Jul 19, 2018 3:09pm
Quoting SuchParadox
EURJPY Date: 20/07/18 News: No Red news, However Medium Impact, Opec and G20 all day . Expect volatility. Daily: ROMAR – Support EMA - Support PSAR – Support Check List: Last MACD 0 crossing: up, smaller bar Last EMA Alert Arrow: up Last DB Attachment: top, 131.974 , sar bottom 130.717 Fibo up or down: red and down Notes: Romar up, 4hm turned up with purple at the crossing of white. Sar attached to Ema support, and 23.6 fibo. 4 HR: ROMAR – Support EMA –Resistance PSAR - Resistance Check List: Last DB Attachment: bottom, 130.717 Fibo up or down:...
Entry: Entered short on new h2 open candle, Reasons, 4hm down on all charts but daily, with the daily consolidating
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  • #14,166
  • Jul 19, 2018 6:16pm Jul 19, 2018 6:16pm
Trading plan 20/07/2018

Economic news : No red news

Daily
ROMAR - support
EMA - support
Parabolic - support

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - up
Last DB Attachment - up at 131.974
Last SAR Attachment - down at 130.717
Fibonacci - red

Notes: Market opened over ema support, purple crossing white so daily is consolidating.

H4
ROMAR - support
EMA - resistance
Parabolic - resistance

Checklist:
Last DB Attachment - down at 130.717
Last SAR Attachment - up at 131.200
Fibonacci - red

Notes : 4horsemen was down and DB hit romar support with both divergence. SAR attached for down at ema resistance.

H2
ROMAR - resistance
EMA - resistance
Parabolic – resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment - down at 130.717
Last SAR Attachment – up at 131.200
Fibonacci - green

Notes: Ema crossed romar for down so our trend chart is down and not up. 4horsemen is down. Parabolic and romar are strong resistance. SAR attached fibo 38.2 level for down.

H1
ROMAR - resistance
EMA - resistance
Parabolic - resistance

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

Notes: 4horsemen is down romar is strong resistance. Market hit romar resistance.

FİNAL NOTES: Market is moving up because Daily ema is strong support but other charts shows that trend is down . Here is the confluence:
SAR at Ema resistance for down on h4
Ema-parabolic is resistance and SAR at fibo 38.2 on h2
Romar resistance on h1 chart

Entry: went short when SAR attached fibo 38.2 on h2 chart.

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  • #14,167
  • Jul 19, 2018 6:56pm Jul 19, 2018 6:56pm
Quoting timetolearn
Trading plan 20/07/2018 Economic news : No red news Daily ROMAR - support EMA - support Parabolic - support Checklist: Last MACD 0 Crossing - up Last EMA Alert Arrow - up Last DB Attachment - up at 131.974 Last SAR Attachment - down at 130.717 Fibonacci - red Notes: Market opened over ema support, purple crossing white so daily is consolidating. H4 ROMAR - support EMA - resistance Parabolic - resistance Checklist: Last DB Attachment - down at 130.717 Last SAR Attachment - up at 131.200 Fibonacci - red Notes : 4horsemen was down and DB hit romar...
Self Evaluations: Tp hit! I think, the best trade i have taken so far. I really didnt know what happened because tp hit less than 30 mins then checked news and saw that there was a high impach breaking news released. Anyway in my opinion, daily ema is support and other charts show that trend is down. There was no daily reference to go short so i waited for confluence on other charts to go short. I know that SAR is really deadly stopper with fibo level that's why i pulled the trigger.

Best Regards
Deha
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  • #14,168
  • Jul 22, 2018 1:44pm Jul 22, 2018 1:44pm
Quoting SuchParadox
{quote} Entry: Entered short on new h2 open candle, Reasons, 4hm down on all charts but daily, with the daily consolidating {image}
Evaluation: closed for +29 pips, reason, Friday close. This was a bad trade because I entered to early with no significant s/r nearby. As someone kindly pointed out to me, Market had reached daily Ema support, and therefore a retrace was to happen, So I should have waited for the retrace with the sar attachment at a significant resistance level, like h2 romar to enter the short. The trend was down but I just entered to early, to the point where I was in the market too long without my tp being hit.
  • #14,169
  • Jul 22, 2018 2:48pm Jul 22, 2018 2:48pm
EURJPY Date: 22-23/07/18
News: No Major release, G20 meetings over the weekend
Daily:
ROMAR – Support
EMA - Support
PSAR – Support

Check List:
Last MACD 0 crossing: up, miniscule bar
Last EMA Alert Arrow: down
Last DB Attachment: top, 131.974, sar bottom, 130.534
Fibo up or down: red and down

Notes: Romar up. Daily in consolidation, with 4hm turning down, ema down arrow showing and Sar attached just above psar support (eliminated) with daily romar support looking to be the target. BB’s closing in.
4 HR:
ROMAR –RSupport
EMA –Resistance
PSAR - Resistance

Check List:
Last DB Attachment: down with sar , 130.534
Fibo up or down: green and up
Notes: 4hm turned down, with purple about to cross romar, followed by the 4hm. Sar moving with db for lower lows, with lime price tag and both divergences. BB’s facing down.

2 HR:
OPEN PRICE – 130.600, 3 pips below Friday close
ROMAR –Resistance
EMA - Resistance
PSAR –Resistance

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

Notes: 4hm turned down, romar down, psar turned back to resistance, macd down, BB’s facing down. Sar/db at the bottom,

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

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

Notes: 4hm turned down in a strong downtrend with BB’s opening up.

Final Notes for all three charts: h1 down, h2 down, h4 turned down with romar still support, daily consolidating. We are in a consolidated downtrend. I will look to sell at resistance, with a retrace candle, or simply wait for the new daily candle to decide my entry.
  • #14,170
  • Jul 23, 2018 6:18am Jul 23, 2018 6:18am
Trading plan 23/07/2018

Economic news : No red news

Daily
ROMAR - support
EMA - support
Parabolic - resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment - up at 131.974
Last DB/SAR Attachment - down at 129.851
Fibonacci - red

Notes: DB/SAR attached with blue divergence at romar and fibo 38.2 support.

H4
ROMAR - resistance
EMA - resistance
Parabolic - resistance

Checklist:
Last DB Attachment - down at 129.851
Fibonacci - green

Notes : 4horsemen was down and DB at down with both divergence.

H2
ROMAR - resistance
EMA - resistance
Parabolic - eliminated

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment - down at 129.851
Last SAR Attachment - up at 130.416
Fibonacci - green

Notes: 4horsemen is down. DB attached at fibo 0.0 level and BB downer band with both divergence. SAR attached ema resistance. White purple crossing so parabolic is eliminated.

H1
ROMAR - resistance
EMA - resistance
Parabolic - support

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

Notes: 4horsemen is going up ema is still resistance but purple crossing smooth for up. Parabolic flipped for up.

FİNAL NOTES: On d1 chart blue divergence attached DB at romar support. On h1 chart White/smooth crossing and market is moving above EMA . On h2 chart market is consolidating for up.

Entry: looking for long so wait for opening new h2 candle.
  • #14,171
  • Jul 23, 2018 7:02am Jul 23, 2018 7:02am
Quoting timetolearn
Trading plan 23/07/2018 Economic news : No red news Daily ROMAR - support EMA - support Parabolic - resistance Checklist: Last MACD 0 Crossing - down Last EMA Alert Arrow - down Last DB Attachment - up at 131.974 Last DB/SAR Attachment - down at 129.851 Fibonacci - red Notes: DB/SAR attached with blue divergence at romar and fibo 38.2 support. H4 ROMAR - resistance EMA - resistance Parabolic - resistance Checklist: Last DB Attachment - down at 129.851 Fibonacci - green Notes : 4horsemen was down and DB at down with both divergence. H2 ROMAR - resistance...
went long with opening new candle on h2 chart.
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  • #14,172
  • Jul 24, 2018 10:33am Jul 24, 2018 10:33am
Quoting timetolearn
{quote} went long with opening new candle on h2 chart. {image}
Self Evaluations. Sl hit. After pull the trigger i realized that h4 ema and romar were resistance so it was very bad trade. My mistake is not focusing on h4 chart.
  • #14,173
  • Jul 24, 2018 3:37pm Jul 24, 2018 3:37pm
Quoting timetolearn
{quote} Self Evaluations. Sl hit. After pull the trigger i realized that h4 ema and romar were resistance so it was very bad trade. My mistake is not focusing on h4 chart.
I think H2 EMA was always resistance. And to go against ROMAR in such situation, EMA Purple crossing is needed to enter.
  • #14,174
  • Jul 24, 2018 4:06pm Jul 24, 2018 4:06pm
Quoting timetolearn
{quote} Self Evaluations. Sl hit. After pull the trigger i realized that h4 ema and romar were resistance so it was very bad trade. My mistake is not focusing on h4 chart.
I think a little more elaboration will help you...

I said so in my previous comment because what you have said about H4. If you keep your view like that about H4, you will miss good trades against ROMAR in consolidation. Market can move way more than 40 pips before it can change H4 EMA from resistance to support or vice-versa.
  • #14,175
  • Jul 24, 2018 4:30pm Jul 24, 2018 4:30pm
EURJPY Date: 25/07/18
News: High impact usd news, 3:30 pm.
Daily:
ROMAR – Support
EMA - Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: bottom 129.732, thistle tag lsb divergence
Fibo up or down: red and down

Notes: 4hm turned down, with romar currently holding support as market is consolidating around it, waiting for balance. Ema now resistance with psar , in sequence for the down trend. BB’s turning flat.
4 HR:
ROMAR –Resistance
EMA –Resistance
PSAR - Resistance

Check List:
Last DB Attachment: bottom with sar, 129.732, lime tag, both divergences
Fibo up or down: green and up.
Notes: 4hm turned down, with db/sar moving together making lower lows with the fibo. BB’s facing down. Purple holding resistance and 0.0 fibo as support.

2 HR:
OPEN PRICE – 129.930
ROMAR –Resistance
EMA - Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: up, miniscule bar
Last EMA Alert Arrow: down
Last DB Attachment: bottom with sar, 129.732 lime tag and both divergences
Fibo up or down: green and up

Notes: 4hm turned down, Romar above upper BB and out of range. Purple sliding against white in a tight constriction and holding support for a possible retracement. Macd bars are up, with market ranging through 4hm with 23.6 as resistance and 0.0 as support.

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

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

Notes:h1 consolidating with purple/white sliding against each other. BB’s closing in and Psar holding resistance

Final Notes for all three charts: h1 consolidating, h2 down, h4 down and daily turning down. We are in a consolidated downtrend, So I will look for an entry short at resistance, preferably with a retracement and h2 sar attaching to the top.
  • #14,176
  • Jul 29, 2018 2:39pm Jul 29, 2018 2:39pm
Quoting SuchParadox
EURJPY Date: 25/07/18 News: High impact usd news, 3:30 pm. Daily: ROMAR – Support EMA - Resistance PSAR –Resistance Check List: Last MACD 0 crossing: down Last EMA Alert Arrow: down Last DB Attachment: bottom 129.732, thistle tag lsb divergence Fibo up or down: red and down Notes: 4hm turned down, with romar currently holding support as market is consolidating around it, waiting for balance. Ema now resistance with psar , in sequence for the down trend. BB’s turning flat. 4 HR: ROMAR –Resistance EMA –Resistance PSAR - Resistance Check List: Last...
No entry was made.
  • #14,177
  • Jul 29, 2018 2:59pm Jul 29, 2018 2:59pm
EURJPY Date: 30/07/18
News: no Major news Today.
Daily: open 8 pips below Friday close
ROMAR – Support
EMA - Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: down, big bar
Last EMA Alert Arrow: down with macd in sequence
Last DB Attachment: bottom, 129.117
Fibo up or down: red and down

Notes: 4hm turned down, BB moving sideways, Market opened at 50 fibo, which is acting as support currently.
4 HR:
ROMAR – Resistance
EMA –Resistance
PSAR - Resistance

Check List:
Last DB Attachment: bottom, 129.117
Fibo up or down: green and up
Notes: 4hm consolidating with purple crossed white up. Db attached with lime tag and both divergences. BB’s facing down with ema holding resistance and smooth holding support.

2 HR:
OPEN PRICE – 129.315
ROMAR –Resistance
EMA - Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: up, bigger bar
Last EMA Alert Arrow: up
Last DB Attachment: bottom 129.117, sar top, 129.457 at psar resistance
Fibo up or down: green and up

Notes: 4hm turning up, with an ema slider forming with psar resistance still holding the downtrend, macd bars up and getting bigger. BB’s closing in.

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

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

Notes: 4hm turned up, with 38.2 fibo holding resistance in confluence with upper bb and h2 psar resistance.

Final Notes for all three charts: h1 turning up, h2 ema slider with psar holding resistance, h4 consolidating and daily down. We and in a consolidated downtrend, I will look to enter a short at resistance once h2 ema slider is confirmed.
  • #14,178
  • Jul 29, 2018 9:22pm Jul 29, 2018 9:22pm
Quoting SuchParadox
EURJPY Date: 30/07/18 News: no Major news Today. Daily: open 8 pips below Friday close ROMAR – Support EMA - Resistance PSAR –Resistance Check List: Last MACD 0 crossing: down, big bar Last EMA Alert Arrow: down with macd in sequence Last DB Attachment: bottom, 129.117 Fibo up or down: red and down Notes: 4hm turned down, BB moving sideways, Market opened at 50 fibo, which is acting as support currently. 4 HR: ROMAR – Resistance EMA –Resistance PSAR - Resistance Check List: Last DB Attachment: bottom, 129.117 Fibo up or down: green and up Notes:...
Notes for readjustments: H2 psar flipped, with 4hm consolidating to the upside on h1, h2 and h4. Db attached to the top candle on h2, with market opening above ema on h4.

Entry:
Consolidation: due to the change in market conditions, there is a consolidated upswing forming, so I entered long for 40/40
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  • #14,179
  • Jul 30, 2018 6:29am Jul 30, 2018 6:29am
Quoting SuchParadox
{quote} Notes for readjustments: H2 psar flipped, with 4hm consolidating to the upside on h1, h2 and h4. Db attached to the top candle on h2, with market opening above ema on h4. Entry: Consolidation: due to the change in market conditions, there is a consolidated upswing forming, so I entered long for 40/40 {image}
Evaluation: Took 40 from the market. This was a good trade in the moment with the upswing forming and h2 romar being my target. I was afraid my tp wouldnt hit as it had moved just above romar resistance, but there was enough momentum to the upside to push through. The h2 psar trend change gave me the confidence for the long.
  • #14,180
  • Jul 31, 2018 3:04pm Jul 31, 2018 3:04pm
EURJPY Date: 01/08/18
News: No Major news until 1:15pm gmt (USD) then 3pm, 3:30 pm and 7pm respectively (All USD)
Daily:
ROMAR – Support
EMA - Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: down, smaller bar
Last EMA Alert Arrow: up
Last DB Attachment: bottom, 129.117 LSB tag. Sar top 131.139
Fibo up or down: red and down

Notes: daily consolidating up, with purple white cross up, ema arrow up and romar slider up. SAR attached above psar resistance, with market retracing back to 23.6 fibo. Macd Bars becoming smaller.
4 HR:
ROMAR – Support
EMA – Support
PSAR - Support

Check List:
Last DB Attachment: up, 131.139
Fibo up or down: red and down
Notes: 4hm turned up with ema crossing romar up. Market retraced to white support with 23.6 fibo as confluence. DB with magenta tag and divergence

2 HR:
OPEN PRICE – 130.720
ROMAR – Support
EMA -Support
PSAR – Support

Check List:
Last MACD 0 crossing: up, smaller bar
Last EMA Alert Arrow: up
Last DB Attachment: top 131.139
Fibo up or down: red and down

Notes: 4hm turned up, db sar moving together, with magenta tag and divergence. Macd bars getting smaller as market retraces. BB’s turned up.

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

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

Notes: 4hm turning down, ema macd arrows down psar turned resistance ready for a potential swing down . BB’s closing in.

Final Notes for all three charts: h1 turning down, h2 consolidating, h4 turned up, daily turning up. We are in a consolidated uptrend with a current downswing forming. With h1 turning down, and daily slightly imbalanced with the 81 pip up move from opening, I will enter a short on next candle for 40/40 to catch the retrace,
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