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The Paradox System

  • #14,321
  • Sep 21, 2018 12:01pm Sep 21, 2018 12:01pm
Quoting Ronin303
{quote} It is very interesting that you subscribed to this thread on 10 Feb, 2016!!! You made several posts and you came back several times!!! And yet you are at page 0 !!! Definitely this system is not for you. You keep those subscriptions and prove to yourself that you have a single month profitable. If you do have a single month profitable then keep up with those and leave this system. So this Paradox is a No No for you.

I subscribe this thread long time ago, read a part and drop it, yoo difficult for me...then I just continue my thinks and then re come back again...and read again but my english is not my mother language and I think if I will ask something or no one answer or no one trust this...and at the last I just ask an information if you are happy to give me this info it is fine if not is more fine! I hope you understand me now?!? if it was easy for me I never ask here but I think this thread is for help, questions and instructions regarding this system....I will re read again and maybe I don't ask anything if you are happy...thank you!
  • #14,322
  • Sep 23, 2018 1:51pm Sep 23, 2018 1:51pm
EURJPY Date: 23/09/18-24/09/18
News: ECB speech 2pm GMT, JPY holiday

Daily:

ROMAR: Support
EMA: Support
PSAR: Support

Checklist:

Last MACD 0 crossing:up
Lat EMA alert arrow:up
Last DB attachment: top, 133.120
Fibo: red and down

Notes: 4hm turned up on a steep angle, with market bumping the daily fibo higher in this uptrend by 59 pips on Friday, with a close below Thursdays. BB’s opened wide, Daily is up.


4HR:

ROMAR: Support
EMA: Support
PSAR: Support

Checklist:

Last MACD 0 crossing:down
Lat EMA alert arrow: up
Last DB attachment: 133.120
Fibo: Red

Notes: 4hm turned up with a current swing down supported by purple white cross. Ema holding support. Db moving up in trend with Sar with both divergences and magenta price tag. BB’s Opened wide.


2HR:
Opening Price: -
ROMAR: Support
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 crossing:down
Lat EMA alert arrow: down
Last DB attachment: 133.120, sar 132.148.
Fibo: red

Notes: 4hm turned down, with purple crossing ema at a steep angle. Parabolic flipped, and sar attached to a bottom candle. Fibo 38.2 holding support. Romar support is 90 pips away. BB’s closing in. H2 is in consolidation.

1HR:

ROMAR: Support
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 crossing: down
Lat EMA alert arrow: down
Fibo: down

Notes: H1 consolidating, with 4hm attempting to turn up with the shallow crossing of purple and white. In this case though, 38.2 fibo holding resistance along with ema, keeping h1 moving sideways. Romar support is 35 pips away and BB’s opening up.


Final Notes: h1 consolidating, h2 consolidating, h4 turned up, daily turned up. We are in a consolidated uptrend with a current downswing. Ema on h4 along with 38.2 fibo on h2 holding support with 38.2 fibo on h1 holding resistance. Market is up however this swing down could also turn into something more. I’m not willing to take any risk yet. I will wait for market opening. If market breaks h1 romar I will look for a short on the retrace. If 4hm turn up on h1 with h4 ema keeping support along with h2 fibo, then I will look to long with an open above h2 4hm once purple crosses back up on h2 or another confluence factor.
  • #14,323
  • Sep 23, 2018 5:13pm Sep 23, 2018 5:13pm
Quoting SuchParadox
EURJPY Date: 23/09/18-24/09/18 News: ECB speech 2pm GMT, JPY holiday Daily: ROMAR: Support EMA: Support PSAR: Support Checklist: Last MACD 0 crossing:up Lat EMA alert arrow:up Last DB attachment: top, 133.120 Fibo: red and down Notes: 4hm turned up on a steep angle, with market bumping the daily fibo higher in this uptrend by 59 pips on Friday, with a close below Thursdays. BB’s opened wide, Daily is up. 4HR: ROMAR: Support EMA: Support PSAR: Support Checklist: Last MACD 0 crossing:down Lat EMA alert arrow: up Last DB attachment: 133.120 Fibo: Red...
Entry: entered long at new daily open candle, because candle open at h4 ema support after sar connection along with daily purple support as confluence, h2 4hm showing a turn back into the main trend with purple at white and h1 smooth purple cross.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 61 KB
  • #14,324
  • Sep 23, 2018 5:39pm Sep 23, 2018 5:39pm
Date: 22 September 2018 7.15 PM GMT+7

Market news:
15.00 Medium EUR German Ifo Business Climate
20.00 Red EUR ECB President Draghi Speaks

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: Up 133.120
Last SAR Attachment: Up 133.120
Fibonacci: Red

Notes: 4 horsemen in Uptrend. Magenta Divergence attach at Top with DB/SAR. Daily in Uptrend.


2 HR:
OPEN PRICE – 132.069
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: Up 132.029
Last SAR Attachment: Bottom 132.029
Fibonacci: red

Notes: White is at Purple and about to cross. DB/SAR attached to bottom and next attachment of SAR would be on top.


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

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Up
Fibonacci: Red

Notes: white and smooth crossed purple


Final Notes: Market is in consolidation. If SAR attached at Parabolic in H2 and EMA slide over purple, A SHORT will taken there.
  • #14,325
  • Sep 24, 2018 12:19am Sep 24, 2018 12:19am
Quoting killerxover
Date: 22 September 2018 7.15 PM GMT+7 Market news: 15.00 Medium EUR German Ifo Business Climate 20.00 Red EUR ECB President Draghi Speaks Daily: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD 0 crossing: Up Last EMA Alert Arrow: Up Last DB Attachment: Up 133.120 Last SAR Attachment: Up 133.120 Fibonacci: Red Notes: 4 horsemen in Uptrend. Magenta Divergence attach at Top with DB/SAR. Daily in Uptrend. 2 HR: OPEN PRICE – 132.069 ROMAR - Support EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing: Down Last EMA Alert...
Adjustments:
Gold and Light Blue divergences show up and attached to DB/SAR, a signal for reversal. I will wait for proper setup to entry Long
  • #14,326
  • Sep 24, 2018 2:54am Sep 24, 2018 2:54am
Date: 21-9-2018 Before Sunday Opening.

News Releases: 14:00 Euro Red News

Daily:
ROMAR – Support
EMA – Support
PSAR – Support

Check List:
Last MACD 0 crossing - up
Last EMA Alert Arrow - up
Last DB Attachment - up
Fibo down

Notes: Romar Support with EMA and Parabolic Support. Horsemen Up. MACD up. Fibo Down. Last DB/SAR up with Divergence.

H4:
ROMAR – Support
EMA – Support
PSAR – Support

Check List:
Last DB Attachment - up
Fibo down

Notes: Romar Support with EMA and Parabolic Support, although Eliminated. White has crossed Purple and Smooth is at Purple. Fibo Down.

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

Check List:
Last MACD 0 crossing - down
Last EMA Alert Arrow - down
Last DB Attachment -up
Fibo down

Notes: Romar Support with EMA and Parabolic Resistance. EMA arrow Down followed by MACD arrow down. EMA Reversal rule met. Last DB up with the SAR down. Romar is inside the trading area. Fibo Down.

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

Notes: Romar Support with EMA and Parabolic Resistance. White is at Purple. Romar Support inside the trading area. Fibo down.

Market Condition: Consolidated Uptrend.

Final Notes: All charts Romar trend up. The Daily Trend is Up. H4 Trend is up. H2 short term trend is Down with Romar up. H1 short term trend down with Romar up. H2 EMA Reversal rule met. Next H2 DB to be down. At this time, a short trade off Resistance in the Swing down has risk with not hitting 40. With all Romar's up, the objective will be waiting on signal for Long entry.


Notes for readjustments: Market opened with gap down. H2 DB with Divergence appeared. H4 SAR down. Waiting for lower lows and the signal to go long.

Checked market in the morning. Gold Divergence has appeared, H1 Romar Support has been hit and Daily White Support.



Entry: Long at H2 open above Smooth at Purple.


Evaluation: TP hit in a single H2 candle. Good trade, waiting on the signal and trading with the Daily.
Attached Image (click to enlarge)
Click to Enlarge Name: H2 Long Entry.PNG Size: 73 KB
Never Give Up
  • #14,327
  • Sep 24, 2018 3:41am Sep 24, 2018 3:41am
Quoting SuchParadox
{quote} Entry: entered long at new daily open candle, because candle open at h4 ema support after sar connection along with daily purple support as confluence, h2 4hm showing a turn back into the main trend with purple at white and h1 smooth purple cross. {image}
Evaluation: Took 40 from the market. I'm not happy about this trade because the risk factors were still there and after my entry market came very close to hitting my sl. It funny because me and retrogue entered almost at the same place, yet his trade had less risk. What would have been better was to wait at least for the next 2hr candle and enter at the purple white Cross on h2, or wait for H1 ROMAR support. But I entered with the intention of going to sleep and letting the trade do its thing so I had to try look into the future as Dana always tells us to do, objectively without any bias. It's not easy but we had a great teacher.

Why this trade worked was because of the ema slider in h4 and market continued to close above the ema.

Great trade Retrogue
  • #14,328
  • Sep 24, 2018 3:58am Sep 24, 2018 3:58am
Quoting Retrogue
Date: 21-9-2018 Before Sunday Opening. News Releases: 14:00 Euro Red News Daily: ROMAR – Support EMA – Support PSAR – Support Check List: Last MACD 0 crossing - up Last EMA Alert Arrow - up Last DB Attachment - up Fibo down Notes: Romar Support with EMA and Parabolic Support. Horsemen Up. MACD up. Fibo Down. Last DB/SAR up with Divergence. H4: ROMAR – Support EMA – Support PSAR – Support Check List: Last DB Attachment - up Fibo down Notes: Romar Support with EMA and Parabolic Support, although Eliminated. White has crossed Purple and Smooth is at...
Nice trade Retrogue. I mentioned Gold and Light Blue Divergences appeared but hesitate to pull the trigger on the next opening candle. I was waiting a confirmation of PSAR flip or EMA crossing purple, but then I guess I've already late for this setup. Lessons learned to have more confidence.
  • #14,329
  • Sep 24, 2018 9:25am Sep 24, 2018 9:25am
Hello guys i was wondering whether we could have like a whatsapp group dedicated to the paradox system where we would assist each other to grow and interpret it better ?i was humbly suggesting .what do you think guys?
  • #14,330
  • Sep 24, 2018 9:29am Sep 24, 2018 9:29am
Quoting djiminova
Hello guys i was wondering whether we could have like a whatsapp group dedicated to the paradox system where we would assist each other to grow and interpret it better ?i was humbly suggesting .what do you think guys?
I would be careful, last time I asked I got banned so I think it's best we just keep the discussions here because we are all here anyway no need to change to another platform, if you have any questions or theories etc feel free to make a post and I'm sure most of us here will be glad to reply because it does get abit too quite here in the thread and I think constructive discussions are great for learning and understanding better. For everyone.
  • #14,331
  • Sep 24, 2018 9:36am Sep 24, 2018 9:36am
Quoting SuchParadox
{quote} I would be careful, last time I asked I got banned so I think it's best we just keep the discussions here because we are all here anyway no need to change to another platform, if you have any questions or theories etc feel free to make a post and I'm sure most of us here will be glad to reply because it does get abit too quite here in the thread and I think constructive discussions are great for learning and understanding better. For everyone.
thankyou friend it was just a humble request but it's all good.
  • #14,332
  • Sep 24, 2018 9:40am Sep 24, 2018 9:40am
Also here are some of my compilations of chad's and shinny's entries i have compiled i've been using to study.i hope they will help someone too
Attached File(s)
File Type: pdf chad's entries' part 2.pdf   1.9 MB | 753 downloads
File Type: pdf chads entries.pdf   1.2 MB | 997 downloads
File Type: pdf shawns' post part 2.pdf   1,002 KB | 705 downloads
File Type: pdf shawns' post part 3.pdf   768 KB | 658 downloads
File Type: pdf shawns posts.pdf   1.7 MB | 1,024 downloads
  • #14,333
  • Sep 24, 2018 9:42am Sep 24, 2018 9:42am
Quoting djiminova
Also here are some of my compilations of chad's and shinny's entries i have compiled i've been using to study.i hope they will help someone too {image} {image} {image} {image} {image}
Thanks alot, this is helpful to me and I'm sure to alot of people too
  • #14,334
  • Sep 24, 2018 10:41am Sep 24, 2018 10:41am
Quoting SuchParadox
{quote} Thanks alot, this is helpful to me and I'm sure to alot of people too
it's all about helping each other move to the next level
  • #14,335
  • Sep 24, 2018 9:53pm Sep 24, 2018 9:53pm
EURJPY Date: 25/09/18
News: Speech by BOJ at 6:35 gmt. USD news 3pm gmt.

Daily:

ROMAR: Support
EMA: Support
PSAR: Support

Checklist:

Last MACD 0 crossing: Up
Lat EMA alert arrow: Up
Last DB attachment: top, 133.120
Fibo: red

Notes: 4hm turned up. Daily is up, however market failed to break Friday’s high yesterday by around 7 pips. Currently, market is consolidating between purple and white, with purple acting as resistance and white support in a 16 pip range.


4HR:

ROMAR: Support
EMA: Support
PSAR: Resistance

Checklist:

Last MACD 0 crossing: down
Lat EMA alert arrow: up
Last DB attachment: 133.120, sar top 133.061
Fibo: red

Notes: 4hm turned up with purple having crossed ema however psar is still resistance though eliminated, and is holding resistance currently. Sar detached from DB down and up, meaning next connection should be down to bring out the DB. 23.6 fibo holding support.


2HR:
Opening Price: 132.530
ROMAR: Support
EMA: Support
PSAR: Support

Checklist:

Last MACD 0 crossing: down
Lat EMA alert arrow: up
Last DB attachment: top 133.061
Fibo: red

Notes: 4hm turning down in a shallow swing, with purple about to cross ema. BB’s moving sideways causing the market to range. Romar support out of trading range,

1HR:

ROMAR: Support
EMA: Resistance
PSAR: Support

Checklist:

Last MACD 0 crossing: down
Lat EMA alert arrow: down
Fibo: red

Notes: 4hm are tightly squeezed together in a short range with BB’s moving sideways. Romar support is just below the lower bb .


Final Notes: h1 moving sideways, h2 turning down, h4 turned up and daily up. We are in a consolidated uptrend with a current sideways movement in a tight range. Now is not a good time to enter any trade so I will wait for BOJ news and make a decision, but if psar becomes resistance on h2 I will look to short from resistance provided other confluence factors are aligned.
  • #14,336
  • Sep 25, 2018 4:03am Sep 25, 2018 4:03am
I created this plan at opening of Tokyo Session.


Date: 25 September 2018 7.15 PM GMT+7

Market news:
12.35 JPY BOJ Gov Kuroda Speaks

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: Up 133.120
Last SAR Attachment: Up 133.120
Fibonacci: Red

Notes: 4 horsemen in Uptrend. Magenta Divergence attach at Top with DB/SAR. Daily in Uptrend. Market open at Purple.


2 HR:
OPEN PRICE – 132.478
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Up
Last DB Attachment: Up 133.061
Last SAR Attachment: Up 133.061
Fibonacci: Red

Notes: Purple crossed white and beginning of consolidation.


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

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Up
Fibonacci: Red

Notes: white crossed purple


Final Notes: Daily in Uptrend, H2 in beginning of consolidation, H1 in consolidation. Market in uptrend consolidation. I will wait to make a long entry once SAR attached at bottom.


Entry:
I made a Long entry once SAR appeared and forgot to save the picture. I also didn't realize that I forgot to set SL and TP and later on I updated SL and TP to 40/40. An entry was made at 132.489 and TP was hit at 132.892

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2-BUY.png Size: 46 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Takeprofit.png Size: 6 KB



Evaluation:
I waited SAR attached at bottom but I think I was too early entering the market because it still hit Parabolic and Fibo 38.2.
  • #14,337
  • Sep 25, 2018 4:45am Sep 25, 2018 4:45am
Quoting killerxover
I created this plan at opening of Tokyo Session. Date: 25 September 2018 7.15 PM GMT+7 Market news: 12.35 JPY BOJ Gov Kuroda Speaks Daily: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD 0 crossing: Up Last EMA Alert Arrow: Up Last DB Attachment: Up 133.120 Last SAR Attachment: Up 133.120 Fibonacci: Red Notes: 4 horsemen in Uptrend. Magenta Divergence attach at Top with DB/SAR. Daily in Uptrend. Market open at Purple. 2 HR: OPEN PRICE – 132.478 ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD 0 crossing: Down...
Whats the rule with news releases?
Never Give Up
  • #14,338
  • Sep 25, 2018 6:19am Sep 25, 2018 6:19am
Quoting Retrogue
{quote} Whats the rule with news releases?
Yes, I broke the rule and no excuses, then this trade doesn't count. I assume it's a lost trade. Thanks for reminding.

I would like to ask you, do we avoid all news release or only Red News?
  • #14,339
  • Sep 25, 2018 10:12am Sep 25, 2018 10:12am
Quoting killerxover
{quote} Yes, I broke the rule and no excuses, then this trade doesn't count. I assume it's a lost trade. Thanks for reminding. I would like to ask you, do we avoid all news release or only Red News?
Let's go through this again:
Your first posting is your Trading Plan completed. Your next posting is with your Entry along with the rule(s) on the reason why you made the entry. After your trade is completed you then make a third posting of a self-evaluation in why the trade was good or bad. This is for all trades.

If you do not want to follow the rules then you have a problem. If you do not know the rules then spend the time in learning.
The Dove - Forex Trainer
  • #14,340
  • Sep 25, 2018 4:32pm Sep 25, 2018 4:32pm
Quoting dove_alliance
{quote} Let's go through this again: Your first posting is your Trading Plan completed. Your next posting is with your Entry along with the rule(s) on the reason why you made the entry. After your trade is completed you then make a third posting of a self-evaluation in why the trade was good or bad. This is for all trades. If you do not want to follow the rules then you have a problem. If you do not know the rules then spend the time in learning.
Thanks Sir for your attention.
I made my trading plan, an entry and evaluation. I posted it in one posting because I was unable to be in front of computer because of working activity. I just check the charts remotely by teamviewer through my phone every 2 hours to make sure that my entry meets the requirements, once it does then I will pull trigger.

Yesterday, I made an entry when SAR attached at bottom and after that I got back to work. I forgot that later on there was a Red News on BOJ speaks. It was a mistake to let the trade run through it and I admit I broke the rule. I will pay more attention to News release.

I just want to clarify Sir, do we avoid all news or just Red news release? As I read through your posts, Yellow and Medium news should be avoided too. Because two days ago, I was about to make an entry and hesistated because of Medium News release too.
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