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The Paradox System

  • #14,261
  • Sep 6, 2018 7:25pm Sep 6, 2018 7:25pm
Date: 07/09/2018 Currency: Eur/Jpy

Market news: 1030pm USD NFP!!!!

Daily:
ROMAR - resistance
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: bottom 128.212
Last SAR Attachment: bottom 128.212
Fibonacci: green

Notes: 4 horsemen in downtrend. EMA touching ROMAR. Trend arrow followed by MacD. skyblue Divergence attach at bottom with DB/SAR. confirmed Psar flip. Daily in downtrend.

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

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: bottom 128.212
Last SAR Attachment: bottom 128.212
Fibonacci: green

Notes: 4 horsemen in downtrend with ROMAR as support. arrow followed by MacD. skyblue Divergence attach at bottom with DB/SAR. confirmed Psar flip. EMA yet to cross ROMAR

2 HR:
OPEN PRICE - 128.6222
ROMAR - resistance
EMA - resistance
PSAR - resistance

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: bottom 128.212
Last SAR Attachment: bottom 128.212
Fibonacci: red

Notes: H2 in full downtrend. DB/SAR attached at bottom with skyblue divergence.

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

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

Notes: H1 in full downtrend. green fibo

Final Notes: daily in full downtrend if EMA doesnt slider on ROMAR itself. H4 consolidating downtrend against ROMAR uptrend. H2 full downtrend. H1 full downtrend. Psar sync on all chart frames. Looking for a sell from the H2 purple touch for 40.
Causa sui
  • #14,262
  • Sep 6, 2018 9:07pm Sep 6, 2018 9:07pm
Quoting mexican301
Date: 07/09/2018 Currency: Eur/Jpy Market news: 1030pm USD NFP!!!! Daily: ROMAR - resistance EMA - resistance PSAR - resistance Check List: Last MACD 0 crossing: down Last EMA Alert Arrow: down Last DB Attachment: bottom 128.212 Last SAR Attachment: bottom 128.212 Fibonacci: green Notes: 4 horsemen in downtrend. EMA touching ROMAR. Trend arrow followed by MacD. skyblue Divergence attach at bottom with DB/SAR. confirmed Psar flip. Daily in downtrend. 4 HR: ROMAR - support EMA - resistance PSAR - resistance Check List: Last MACD 0 crossing: down Last...
Entry:
Consolidation:
Short: entered for a sell at the touch
confluence of the Psar sync

Rules for consolidation:
a: The H2 is your trading chart.
b: You use any, or all 3 charts, as reference for consolidation.
c: You can trade either short or long in consolidation.
d: Trade from resistance to support and vice-versa. Do not trade from center in consolidation.
e: Both upper and lower bands are resistance and support in consolidation.
H1 and H2 must be in sync

Attached Image (click to enlarge)
Click to Enlarge Name: 07.09.2018.PNG Size: 104 KB
Causa sui
  • #14,263
  • Edited 7:18am Sep 7, 2018 6:02am | Edited 7:18am
hi all. its recommended to leave at least 20 pips between price and parabolic before entry correct? Is this applicable to 1hr or 2hr chart or both? Sorry if this has been answered did a quick search couldnt see it. Thanks!
  • #14,264
  • Sep 9, 2018 4:47pm Sep 9, 2018 4:47pm
Quoting mexican301
{quote} Entry: Consolidation: Short: entered for a sell at the touch confluence of the Psar sync Rules for consolidation: a: The H2 is your trading chart. b: You use any, or all 3 charts, as reference for consolidation. c: You can trade either short or long in consolidation. d: Trade from resistance to support and vice-versa. Do not trade from center in consolidation. e: Both upper and lower bands are resistance and support in consolidation. H1 and H2 must be in sync {image}
Sorry for the late review spent the night in hospital and just need alot of rest now! all is well now

SL 40 hit, applied the wrong rules. We were in ranging not consolidation from how i understand the rules.

Knowing how far the market is going to pull back is what i have the greatest difficulty in and should stick to SAR attachments back into trend. Eg. the 0800 candle at the Psar back into trend for 40.

In ranging we trade DB/SAR to DB/SAR. There was not 40 pips to the bottom of the DB/SAR meaning i would not get my profit at all.

I wont be trading or writing a plan today as i need more rest. At first glance i would be looking for a sell with 40 to the bottom (SAR attachment at EMA or Psar) as we are in full downtrend across all 5 charts. Best of luck everyone and ill see you when im feeling better.
Causa sui
  • #14,265
  • Sep 11, 2018 7:57am Sep 11, 2018 7:57am
Just a quick post, super busy at the moment, but really wanted to share this one.

I took the Euro session today, here is my trade

Really nice example of a Fibo Flip in consolidation, pure faith in what the Paradox was telling me.

Currently, just shy of a 100 pip move.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 9am Fibo Flip Entry H2.PNG Size: 73 KB
Click to Enlarge Name: later on in euro session.PNG Size: 72 KB
Never Give Up
  • #14,266
  • Sep 11, 2018 8:00am Sep 11, 2018 8:00am
Quoting mexican301
{quote} Sorry for the late review spent the night in hospital and just need alot of rest now! all is well now SL 40 hit, applied the wrong rules. We were in ranging not consolidation from how i understand the rules. Knowing how far the market is going to pull back is what i have the greatest difficulty in and should stick to SAR attachments back into trend. Eg. the 0800 candle at the Psar back into trend for 40. In ranging we trade DB/SAR to DB/SAR. There was not 40 pips to the bottom of the DB/SAR meaning i would not get my profit at all....
I hope you are back to good health soon Mexican301, look forward to trading once you are recovered.
Never Give Up
  • #14,267
  • Sep 11, 2018 5:44pm Sep 11, 2018 5:44pm
EURJPY Date: 12/09/18
News: Euro News, 12:45 pm GMT edit: that'S on Thursday, oops. Today we Have USD news 1:30pm GMT
Daily:
ROMAR –Resistance
EMA - Resistance
PSAR –Resistance (eliminated)

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: up
Last DB Attachment: bottom, 127.853, sar 129.814
Fibo up or down: green and up

Notes: 4hm consolidating against Romar, with purple crossing white up, Sar attachment just below psar resistance. Ema just below Romar in some sort of a slider. BB’s are closing in and Market retested the highs made last week. Macd arrow is now pointing up.
4 HR:
ROMAR – Support
EMA – Support
PSAR - Support

Check List:
Last DB Attachment: top, 129.814
Fibo up or down: Green and up
Notes: 4hm up and beginning to curve down, db attached with magenta divergence, just below last week’s high keeping the fibo still up. BB’s opening up.

2 HR:
OPEN PRICE – 129.440
ROMAR – Support
EMA -Support
PSAR – Support

Check List:
Last MACD 0 crossing: up, miniscule bar
Last EMA Alert Arrow: up
Last DB Attachment: bottom, 128.760
Fibo up or down: red and down,

Notes: 4hm are turned up, however purple/white/smooth are tightly held together moving sideways, with psar and ema keeping support in line with romar support.

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

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

Notes: 4hm turned up

Final Notes for all three charts: h1 turned up, h2 up and consolidating sideways, h4 turned up, daily consolidating up. We are in an upward consolidation, with h2 moving sideways. At the moment my plan is to look for a long at a good level of support i.e h2 ema/psar. But with h2 moving sideways I will wait for a new daily candle to decide the best action to take,
  • #14,268
  • Sep 12, 2018 5:29pm Sep 12, 2018 5:29pm
Quoting SuchParadox
EURJPY Date: 12/09/18 News: Euro News, 12:45 pm GMT edit: that'S on Thursday, oops. Today we Have USD news 1:30pm GMT Daily: ROMAR –Resistance EMA - Resistance PSAR –Resistance (eliminated) Check List: Last MACD 0 crossing: down Last EMA Alert Arrow: up Last DB Attachment: bottom, 127.853, sar 129.814 Fibo up or down: green and up Notes: 4hm consolidating against Romar, with purple crossing white up, Sar attachment just below psar resistance. Ema just below Romar in some sort of a slider. BB’s are closing in and Market retested the highs made last...
Entered Long, at purple support, I wanted to enter earlier as close to Romar as possible, but I was at work and away from my trading station. Reason for entry is the ema slider on h4 , Romar holding support on all charts
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 51 KB
  • #14,269
  • Sep 13, 2018 7:41am Sep 13, 2018 7:41am
Quoting SuchParadox
{quote} Entered Long, at purple support, I wanted to enter earlier as close to Romar as possible, but I was at work and away from my trading station. Reason for entry is the ema slider on h4 , Romar holding support on all charts {image}
Evaluation: took 40 from the market. Straight forward trade, following the direction of the breakout, it took the whole day after consolidation for the market to show any direction.
  • #14,270
  • Sep 15, 2018 10:33pm Sep 15, 2018 10:33pm
First of all, I would like to thank Mr. Dana for sharing this great system. I'm still on the process of reading and learning it, though it seems like a bit late of joining this thread since it was created. It's quite hard to understand those plans that posted without picture for visualization, but I will keep on continue to finish it.

As I read until post #6761 of Clip75, below is the picture that he posted.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy (1).png Size: 44 KB


And below this is pictured posted by Shinny on post #6767
Attached Image (click to enlarge)
Click to Enlarge Name: ej 151216.jpg Size: 403 KB


Clip75 picture shows that SAR attached to the bottom at bar. And the next two bars on Shinny picture, the SAR attached to the last bar too.

As my understanding that the first picture, when the bar has closed and SAR attached at the bottom, it would be set in stone. Can someone please explain, why was SAR that already attached with a thistle box in first picture could move lower after the next 2 bars on second picture?
  • #14,271
  • Edited 3:28am Sep 16, 2018 2:58am | Edited 3:28am
Quoting killerxover
First of all, I would like to thank Mr. Dana for sharing this great system. I'm still on the process of reading and learning it, though it seems like a bit late of joining this thread since it was created. It's quite hard to understand those plans that posted without picture for visualization, but I will keep on continue to finish it. As I read until post #6761 of Clip75, below is the picture that he posted. {image} And below this is pictured posted by Shinny on post #6767 {image} Clip75 picture shows that SAR attached to the bottom at bar. And...
Because if you look carefully, Market was turning after the high with the DB. Clip/shinny took the trade to resistance and it was a safe trade because there was 40 to be made to reach that. However as I said once DB had attached to the top the next one would be down somewhere down the road. So the 4hm turning down had the power in the scenario, looking for support which was Romar.

Plus if you look at the date it was 15th December and December can be unpredictable due to holiday seasons etc.

Just because sar attached at the bottom doesn't mean that now the trend is back up. It's just another form of support in the moment provided with confluence. You always have to keep a close eye on the bigger picture otherwise you will be trading in the moment with one eye closed.
And you never anticipate a crossing until it happens. And when it happens, have faith in the paradox with what it's showing, that:s how you achieve consistency.
  • #14,272
  • Sep 16, 2018 4:39am Sep 16, 2018 4:39am
Quoting SuchParadox
{quote} Because if you look carefully, Market was turning after the high with the DB. Clip/shinny took the trade to resistance and it was a safe trade because there was 40 to be made to reach that. However as I said once DB had attached to the top the next one would be down somewhere down the road. So the 4hm turning down had the power in the scenario, looking for support which was Romar. Plus if you look at the date it was 15th December and December can be unpredictable due to holiday seasons etc. Just because sar attached at the bottom doesn't...
Thanks suchparadox for your reply. But I wasn't asking about the entry of clip n shinny.

What I was trying to ask is
Both picture have SAR & DB attached to the Top at 124.084. Then SAR was detached from DB and attached to bottom at 122.668 in first picture. After that in second picture, SAR moved lower to 122.552 set in thistle box where previously SAR was attached to 122.668

My understanding about SAR is when it attached and the bar is closed, then it would set in stone and will not move lower, unless there is DB attached to it. Did I get it correct? Please someone help me to understand this.

Maybe I misunderstood what has been taught by Master.
  • #14,273
  • Sep 16, 2018 5:21am Sep 16, 2018 5:21am
Master Dana posted like this
"There is one thing I like to touch on with the word most traders use and that word is - ”Repainting”; which has been used many times with this system and what does repainting mean? It means again, and again, and again. There is only ONE indicator with this system that repaints; and that is the Long Term Trend (DB). And the reason is because it is a trend indicator and nothing more. So, it does repaint from bar to bar in trend. Even when the signals go off – they do not repaint. They go off once and that is it; and they remain until the next opposite signal; and that too remains until the next opposite signal. So, the bottom line there are no repainting’s with the Paradox except for the DB. As regards with the SAR: It is pretty much set in stone once the SAR has attached itself with a candle that had ended; and stands alone without the DB attached with it. There has been a few times through the years I have witness the market trying to retest the SAR; especially in high volatility and bump the SAR a few 10th of a pip and reset the SAR (without the DB) with that bump. But that is it. “IF” you trade this system by the Paradox rules then you will become 100% on your trades. The “RULES” are set in stone. You break one of the rules then you will be burnt. And I cannot make it any clearer than that. We already have traders’ 90% profit with this system. The reason is because of patience and abiding with the rules. So take their example and learn from them."



As I was reading and studying until page 359, I saw this SAR movement between two pictures posted. I wonder that whether I was misunderstanding about SAR being set in stone. Could someone please clarify this since I can't scroll back My MT4 to 15th December 2016.
  • #14,274
  • Sep 16, 2018 7:55am Sep 16, 2018 7:55am
Quoting killerxover
Master Dana posted like this "There is one thing I like to touch on with the word most traders use and that word is - ”Repainting”; which has been used many times with this system and what does repainting mean? It means again, and again, and again. There is only ONE indicator with this system that repaints; and that is the Long Term Trend (DB). And the reason is because it is a trend indicator and nothing more. So, it does repaint from bar to bar in trend. Even when the signals go off – they do not repaint. They go off once and that is it; and they...
I guess it depends on the variables if its a swing down or up then the sar will attach first waiting on the dB to attach after to confirm the trend change.
  • #14,275
  • Sep 16, 2018 8:15pm Sep 16, 2018 8:15pm
Trading plan 17/09/2018

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 131.105
Fibonacci - red

Notes: daily opened at purple support 4horsemen is support.

H4
ROMAR - resistance
EMA - support
Parabolic - resistance

Notes : fibo 23.6 and purple is resistance at 131.400 ema is acting as a resistance at 131.350 and romar support at 129.500.

H2
ROMAR - resistance
EMA - resistance
Parabolic - resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment - down at 130.108
Fibonacci - red

Notes: 4horsemen is down. Romar - fibo 61.8 - BB downer band is support at 130.760.

H1
ROMAR - resistance
EMA - resistance
Parabolic - resistance

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

Notes: 4horsemen is down but romar is still support.

FİNAL NOTES: 4horsemen is in uptrend on daily chart. On h4 chart romar is support but parabolic flipped for down. On h2 chart, 4horsemen with ema is down. The confluence is h4 purple-ema reistance h2 ema reistance. I waited for market hit h2 ema resistance to go short at 130.400.

Entry: went short when market hit h2 ema resistance for 40/40
Attached Image (click to enlarge)
Click to Enlarge Name: asdfdsa.png Size: 51 KB
  • #14,276
  • Sep 16, 2018 8:42pm Sep 16, 2018 8:42pm
Quoting timetolearn
Trading plan 17/09/2018 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 131.105 Fibonacci - red Notes: daily opened at purple support 4horsemen is support. H4 ROMAR - resistance EMA - support Parabolic - resistance Notes : fibo 23.6 and purple is resistance at 131.400 ema is acting as a resistance at 131.350 and romar support at 129.500. H2 ROMAR - resistance EMA - resistance Parabolic - resistance Checklist: Last MACD 0...
I think that ROMAR in 4 TF is Support because it is under EMA.
  • #14,277
  • Sep 16, 2018 8:45pm Sep 16, 2018 8:45pm
Quoting killerxover
{quote} I think that ROMAR in 4 TF is Support because it is under EMA.
yes, you are right. Sorry for this mistake. Romar is support on all charts.
  • #14,278
  • Edited Sep 17, 2018 6:00am Sep 16, 2018 9:32pm | Edited Sep 17, 2018 6:00am
This is my first trading plan posting here. Since I am reading until pages 360+, I will create a trading plan based on that time where 4H has not been included. So here is my plan, hope someone would help me to correct it if there are mistakes.

Date: 17 September 2018 / 6.11 AM GMT +7
Session : Asian
News: 16.00 medium and 17:00 low impact

Daily:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: Top 131.105
Last Sar Attachment: Top 131.105
Fibo up or down: Red
Notes: Smooth Crossed purple. Magenta Divergences Showed

2 HR:
OPEN PRICE – 130.224
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: Top 131.105
Last Sar Attachment: Top 131.105
Fibo up or down: Red
Notes: Gold and Green Divergences attached, smooth crossed purple and DB/SAR attached to last candle.

1 HR:
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Fibo up or down: Red


Final Notes for all three charts:
Market is in consolidated uptrend. H2 show gold and lightskyblue divergences. H2 ROMAR would be Support confluence with 61.8 Fibo for BUY and PSAR will be Resistance for SELL.

Entry: The next candle open BUY
Long : 130.15
Reason for entry. DB/SAR attached and divergences attached in H2

Attached Image (click to enlarge)
Click to Enlarge Name: OP17Sept2018EURJPYH2.png Size: 45 KB



Evaluation:
Takeprofit 40 pips. In final notes, I wrote "H2 ROMAR would be Support confluence with 61.8 Fibo for BUY and PSAR will be Resistance for SELL". I think that was anticipating or expecting it to happen. But when I pulled the trigger, my entry was based on DB/SAR & Gold/Blue Divergences attached. Actually I was in doubt after pulling the trigger as I afraid that the market would probably touch H2 ROMAR because DB attached to the bar.
Another mistake was not out from the market when News released.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 57 KB
  • #14,279
  • Sep 16, 2018 10:07pm Sep 16, 2018 10:07pm
EURJPY Date: 17/08/18 Yikes, I overslept!

News: No Major impact news, with a JPY holiday.
Daily:
ROMAR – Support
EMA - Support
PSAR – Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: 131.105 Magenta divergence/tag
Fibo up or down:

Notes: 4hm completely turned up with Romar uptrend, Market made a higher high last week Indicating a strong bullish sentiment with the Euro. Macd/psar are up. Fibo flipped down, but can’t be ruled out as a downtrend as the Db can still move higher, with no signs of consolidation on the daily. Currently Purple keeping support.
4 HR:
ROMAR – Support
EMA – Support / Resistance
PSAR - Resistance

Check List:
Last DB Attachment: same as daily, with sar at 130.108
Fibo up or down: red and down
Notes h4 4hm turning down, with sar attaching to the bottom candle holding support , showing that the swing down has ended for the moment, unless the trend changes down to bring out the db. We have purple not yet crossed ema support. Psar is resistance.

2 HR:
OPEN PRICE – 130.130
ROMAR – Support
EMA -Resistance
PSAR –Resistance

Check List:
Last MACD 0 crossing: down, smaller bar
Last EMA Alert Arrow: down
Last DB Attachment: 130.108 both divergences
Fibo up or down: red and down

Notes: 4hm turned down, db attached to the bottom of a candle with both divergences, indicating the end of the short term swing down, market consolidating with 61.8 fibo holding support.

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

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

Notes: 4hm turning back, with Romar holding support, macd bars getting smaller, and h1 showing signs of the market turning back into the uptrend.

Final Notes for all three charts: h1 turning up, h2 consolidating, h4 consolidating and daily up. We are in a consolidated uptrend, with the swing down losing its momentum and market showing signs of a turn back up into the Romar trend on all charts. I will look to enter long at next candle.
Edit: I Overslept and missed my ideal entry by 13 pips.


Entry:
Long: Entered long at 130.270 for 40/40 with enough space to psar resistance on h2. And just under the 23.6 fibo.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 49 KB
  • #14,280
  • Sep 17, 2018 12:54am Sep 17, 2018 12:54am
Quoting SuchParadox
EURJPY Date: 17/08/18 Yikes, I overslept! News: No Major impact news, with a JPY holiday. Daily: ROMAR – Support EMA - Support PSAR – Support Check List: Last MACD 0 crossing: up Last EMA Alert Arrow: up Last DB Attachment: 131.105 Magenta divergence/tag Fibo up or down: Notes: 4hm completely turned up with Romar uptrend, Market made a higher high last week Indicating a strong bullish sentiment with the Euro. Macd/psar are up. Fibo flipped down, but can’t be ruled out as a downtrend as the Db can still move higher, with no signs of consolidation...
Hi SuchParadox, why has your chart only have 24 bars showing? The spread should be 39.
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