The Paradox System | Page 724 | 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

  • #14,461
  • Oct 17, 2018 11:31pm Oct 17, 2018 11:31pm
Quoting mexican301
{quote} Adjustments: Daily EMA and ROMAR are now touching. H1 confirmed parabolic up. Entry: sell {image} Edit: Rules for downtrend: a: ROMAR , EMA, and the 4 Horsemen must be in sync on both H1 and H2 to trade short. b: The H1 is your reference charts with the H2 your trading chart. Always check the Daily before pulling the trigger. Daily is full downtrend c: Trades are taken from Top to the Bottom. Use the H2 chart for your entry. d: If you miss the resistance area for entry then wait on the next open H2 bar before pulling the trigger.
Closed trade off 5mins before market news at a 4.7pip loss

Evaluation:
Although the entry point i think was at a resistance spot this was a bad trade. I have applied the wrong rules to the scenario as we are on consolidation on the H1 and not a full downtrend and those little errors can cost alot. H1 and H2 were not in sync for the down, My stoploss was not only past H2 DB/SAR but also past the 100 fibo so the odds of even getting my TP today were not going to happen.

Entering so close to market news was also a silly idea, I am thinking of adding it towards the bottom of my trading plan as it was something i over looked today. I also rushed this trade with the joy of been able to place a trade rarther than just doing as the paradox said.
Causa sui
  • #14,462
  • Oct 18, 2018 3:20am Oct 18, 2018 3:20am
Trading plan: 8:00 candle server time
Red news : EU.

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - DOWN
Notes:
WHITE PURPLE cross, with both standard and hidden Divergence at the bottom 129.107 and DB with SAR reattach from top to bottom . Notice the market opened above SMOOTH, and WHITE PURPLE cross. Also ROMAR EMA cross for the change of trend.

4 HR:
ROMAR - Resistance
EMA - Support
PSAR - Resistance
FIBO - UP
Notes:
4HSM pointing down but WHITE PURPLE very close by. Last DB attachment is bot and at FIBO 0(recently just flipped) with both standard and hidden Divergence.

2 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - UP
Notes:
FIBO to green up just flipped on this candle, SMOOTH WHITE PURPLE crossed for the up, DB connected bot with both Divergence and green price tag. MACD up.
Also notice the DB bot and SAR top on the same 6:00 candle. And no Divergence on top yet.

1 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Fibo - UP
Notes:
Candle opened above ROMAR, WHITE PURPLE cross and SMOOTH close by.

Final Notes for all four charts:
Right now ROMAR and the Parabolic has the power for the down, until the Paradox says otherwise. Also currently in consolidation.

Entry: Short
Rule / and confluences:
H2 SAR attached top with the Parabolic and ROMAR resistance is right there. H4 Parabolic trend is down with ROMAR EMA trend, plus EMA is resistance and 4HSM is also pointing down. H1 market is at ROMAR resistance, and Daily ROMAR EMA just cross for the change of trend DOWN.
I don't know whats going on but I just being in the moment with the Paradox, this could be a silly entry... only time will tell.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 79 KB
  • #14,463
  • Oct 18, 2018 5:58am Oct 18, 2018 5:58am
Quoting killerxover
Date: 18 October 2018 9.30 AM GMT+7 News Releases: 7.30 AM BOJ Gov Speaks EU Economic Summit Daily: ROMAR Support/Resistance EMA Resistance PSAR Resistance Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Down Last DB Attachment - Bottom 129.117 Last SAR Attachment - Top 130.285 Fibo - Down Notes: Market opened at Smooth. White crossed Purple for up and Smooth at Purple. EMA at ROMAR. PSAR trend is Down. Last DB at bottom with both Divergences and SAR detached from DB. 4 HR: ROMAR Resistance EMA Resistance PSAR Resistance Check List:...
Entry:
BUY at Fibo 38.2

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2BUY.png Size: 69 KB
  • #14,464
  • Oct 18, 2018 7:16am Oct 18, 2018 7:16am
God bless you dove , for such a blessing system that i will say can help me , just wanna really ask for a favour regarding the process of when to buy and sell, am a bit confused , thanks
  • #14,465
  • Oct 18, 2018 9:34am Oct 18, 2018 9:34am
Quoting killerxover
{quote} Entry: BUY at Fibo 38.2 {image}
Result:
SL hit

Evaluation:
Totally wrong trade. H4 in full downtrend. H2 EMA has not crossed Purple when I entered into market which put EMA still a resistance and EMA slide over Purple. Later on just realized about Shinny's anti PSAR trade. Overall this is bad trade.
  • #14,466
  • Oct 18, 2018 9:51am Oct 18, 2018 9:51am
Quoting Romar
Trading plan: 8:00 candle server time Red news : EU. Daily: ROMAR - Resistance EMA - Resistance PSAR - Resistance FIBO - DOWN Notes: WHITE PURPLE cross, with both standard and hidden Divergence at the bottom 129.107 and DB with SAR reattach from top to bottom . Notice the market opened above SMOOTH, and WHITE PURPLE cross. Also ROMAR EMA cross for the change of trend. 4 HR: ROMAR - Resistance EMA - Support PSAR - Resistance FIBO - UP Notes: 4HSM pointing down but WHITE PURPLE very close by. Last DB attachment is bot and at FIBO 0(recently just flipped)...
Result: +40 TP hit
Self-evaluation:
My entry should have been at the open of the candle and not in the middle. My entry was bad because by the time I had finished my trading plan I decided in the moment to go short. No excuses tho, next time I got to wait for another open candle or if I am lucky the market will go back to open. Best entry was open of 8:00 or 10:00 candle. During that time I went with what I was seeing in the moment, what stood out the most was the Daily ROMAR EMA cross for down + ROMAR power on all chart for down with H4 Daily Parabolic. Also on H2 my SL was somehow protected by ROMAR, plus SAR showed up top at around Parabolic.
Masterrr pleasee evaluate, if you don't have the time I understand sir.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 78 KB


I can't thank you enough just thank you Master.
God bless,
Will.
  • #14,467
  • Edited 11:39pm Oct 18, 2018 11:23pm | Edited 11:39pm
Trading plan: 4:00 candle server time
Red news : JPY.

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - DOWN
Notes:
4HSM all pointing down for a downtrend + ROMAR EMA cross for down. DBSAR / both Divergence attach bot. Daily is also out of balance.

4 HR:
ROMAR - Resistance
EMA - Support
PSAR - Resistance
FIBO - UP
Notes:
Everything is showing a full blown downtrend.

2 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - UP
Notes:
Full blown downtrend, but WHITE PURPLE cross.

1 HR:
ROMAR - Resistance
EMA - Resistance / Support
PSAR - Support
Fibo - UP
Notes:
EMA SMOOTH WHITE crossed PURPLE, also the Parabolic flipped to up.

Final Notes for all four charts:
Currently in a consolidated downtrend, H1 is not in sync with the others - looking at H1 EMA PURPLE cross it may cause the H2 to retrace back up for the SAR to show up. Daily is also out of balance.
Projected entry:
Short - Looking for H1, H2 to sync for the short, or SAR to connect top and enter for the move back down. Resistance entry only.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 80 KB
  • #14,468
  • Oct 19, 2018 12:08am Oct 19, 2018 12:08am
Learning and understanding some rules for my benefit. If I have them wrong please correct me.
1. In Dana's decription of "The Paradox System" ---Item3 Indicators and Rules.--- Extracts taken to identify some key points
ROMAR:- Is the key trend for the market etc etc You will never have to guess which way the trend is running We now have a visual---If we can identify where Romar and EMA are in relation to one another.

ROMAR 2 Hr:- This chart is the true source for trading the trend.

Romar 1 Hr:- If it is running through the centre of the market-----pretty much in consolidation with the 2 Hr trend.

PARABOLICS:- A key point I need to grasp is when they are in trend and markets open and the flipping that may/may not cause the next candle to move.
I note the flip is generated when the Parabolics are at EMA for the Purple cross.

PURPLE n WHITE:- Several key points he makes here
Both charts swing trend on the crossings
Also Support n Resistance.
They can hold the market in TREND and/or CONSOLIDATION before the reverse takes place.

SMOOTH:- He makes it very clear. Smooth is pretty sophisticated. :_ Be sure your charts are wide open horizontally when the THREE:_ Purple, White n Smooth are tight.
From my charts that appeared to be at approx 1400 Hrs on Oct 18th.

And the story goes on until we get to discuss:-

SWINGS:-There are six (6) paragraphs of very important information here, and I have not learnt it fully so bear with me, but the Two Variations he discusses for the swing, (DB an Magenta) help me to see the trend.

He says the major problem with swings is getting in a trade too soon------ESPECIALLY IN A DOWNTREND-----(1 st line second Para.)

4th Line down 3rd Para:- "And the best way to trade these swings is always know the trend".

"If the trend is down you trade from the top" n vice versa

"This way you never get caught in a losing trade".

In summary I looked for the Big Picture----- as Dana says what is it?. All 4 charts, Dly 4,2 1 Hrs had Romar above EMA---Daily has only just crossed but at last nights potential meeting of Romar/EMA the crossing was inevitable--IMHO only, Dana says never anticipate, but I needed to go to bed as it was very late for me.

So all in all the major trend was down guys, and I recall that SAR anchored at the top at approx 129.72 on my 2 Hr chart, so it had to go down????

I look forward to any feedback, an hope it helps someone.

I am sorry for killerxovers trade and Romar is smiling I guess or saying a prayer :-)

Kind regards
  • #14,469
  • Oct 22, 2018 3:15am Oct 22, 2018 3:15am
Trading plan: 8:00 candle server time
Red news : None

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - DOWN
Notes:
Market opened above SMOOTH support, WHITE PURPLE crossed for consolidation. SAR currently attach top by the Parabolic.

4 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support
FIBO - GREEN
Notes:
4HSM pointing up, with standard Divergence top + the market is above ROMAR support.

2 HR:
ROMAR - Support
EMA - Support
PSAR - Support
FIBO - DOWN red
Notes:
ROMAR PURPLE crossed to change ROMAR's role, both standard and hidden Divergence on top with DB + magenta price tag. FIBO just flipped to RED DOWN. Notice ROMAR EMA is not a clear cross.

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support
Fibo - DOWN red
Notes:
Everything is showing up, but upper BB is near.

Final Notes for all four charts:
Currently ranging/consolidation. Use FIBO/Divergence/DBSAR use entry and exist + we can trade both ways.

Entry: Short
Rule / and confluences:
Mainly use H2 for ranging, FIBO just flipped to RED with magenta price on top at FIBO 0 and both standard and hidden Divergence is at top with DB. On the Daily SAR attach on top near ROMAR resistance with the market at Daily ROMAR resistance. H1 is also at FIBO 0 with magenta price tag + upper BB resistance near by.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 77 KB
  • #14,470
  • Oct 22, 2018 8:26am Oct 22, 2018 8:26am
Quoting Romar
Trading plan: 8:00 candle server time Red news : None Daily: ROMAR - Resistance EMA - Resistance PSAR - Resistance FIBO - DOWN Notes: Market opened above SMOOTH support, WHITE PURPLE crossed for consolidation. SAR currently attach top by the Parabolic. 4 HR: ROMAR - Resistance EMA - Support PSAR - Support FIBO - GREEN Notes: 4HSM pointing up, with standard Divergence top + the market is above ROMAR support. 2 HR: ROMAR - Support EMA - Support PSAR - Support FIBO - DOWN red Notes: ROMAR PURPLE crossed to change ROMAR's role, both standard and hidden...
Result: +40 TP hit.
Self-evaluation:
I mainly used the DB / FIBO / Divergence for the entry to target FIBO 100. When the market was at the very top with all of those 3 confluences during a ranging market with the FIBO flipping to RED down on the new entry candle + the Daily ROMAR EMA resistance - In that moment the Paradox was telling me "Trust me and short this".
Like Master said, the Paradox is never wrong.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 75 KB
  • #14,471
  • Oct 23, 2018 3:28am Oct 23, 2018 3:28am
Trading plan: 8:00 candle server time
Red news : None

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - DOWN
Notes:
Market opened below SMOOTH resistance, everything is pointing down. SAR is attach on top, and the attachement will be bot.

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - GREEN
Notes:
4HSM pointing down.

2 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - DOWN red
Notes:
Everything is pointing down, BB is also opening up. Standard divergence is attach bot.

1 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Fibo - UP green
Notes:
Everything is also pointing down.

Final Notes for all four charts:
Currently in a downtrend ROMAR has power on every chart, but H2 has yet to reach FIBO red 100 for the FIBO to flip green. Daily SAR is attach top and the next connection will be bot. Notice H4 is imbalance the market has not touch PURPLE since 6 bars.

Projected entry:
Short: Since we are in a downtrend, if the market decides to retrace back towards resistance with SAR before the hit on FIBO 100 / or FIBO flip to green - I will short. Also if H4 decided to balance itself and hit PURPLE resistance - that also is to be considered. If it does happen, I will trade in the moment with what the Paradox is saying, if the Paradox says otherwise then no trade. Resistance Only.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
  • #14,472
  • Oct 23, 2018 9:10am Oct 23, 2018 9:10am
Quoting Romar
Trading plan: 8:00 candle server time Red news : None Daily: ROMAR - Resistance EMA - Resistance PSAR - Resistance FIBO - DOWN Notes: Market opened below SMOOTH resistance, everything is pointing down. SAR is attach on top, and the attachement will be bot. 4 HR: ROMAR - Resistance EMA - Resistance PSAR - Resistance FIBO - GREEN Notes: 4HSM pointing down. 2 HR: ROMAR - Resistance EMA - Resistance PSAR - Resistance FIBO - DOWN red Notes: Everything is pointing down, BB is also opening up. Standard divergence is attach bot. 1 HR: ROMAR - Resistance...
Entry: Missed the short entry, I was not at my station to execute my trading plan.
On the H4 the 12:00 candle PURPLE re-balance itself with the market causing the market to hit H4 PURPLE resistance. On H2 the 12:00 candle open was below SMOOTH.
Not going to lie, I am feeling annoy for missing the entry.
Here is the H4
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 59 KB

H2
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 72 KB
  • #14,473
  • Oct 23, 2018 8:13pm Oct 23, 2018 8:13pm
Date: 24 October 2018 7.30 AM GMT+7

News Releases:
14.15 - 15.00 EUR Medium News

Daily:
ROMAR Resistance
EMA Resistance
PSAR Resistance
Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment - Bottom 128.202
Last SAR Attachment - Bottom 128.202
Fibo - Down
Notes: Daily is Downtrend. 4 Horsemen Down. Light Blue and Gold Divergences attached at Bottom together with DB/SAR.

4 HR:
ROMAR Resistance
EMA Resistance
PSAR Resistance
Check List:
Last DB Attachment - Bottom 128.202
Last SAR Attachment - Bottom 128.202
Fibo - Up
Notes: H4 in Downtrend. 4Horsemen down with white crossing purple for up. Last DB/SAR at bottom.

2 HR:
ROMAR Resistance
EMA Resistance
PSAR Resistance
Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - Up
Last DB Attachment - Bottom 128.202
Last SAR Attachment - Top 129.074
Fibo - Up
Notes: H2 is consolidating up with white crossed smooth. SAR detached from DB and attached at Top near PSAR. ROMAR is resistance.

1 HR:
ROMAR Resistance
EMA Support
PSAR Support
Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - Up
Fibo - Up
Notes: H1 in consolidation uptrend. 4 horsemen up.

Final Notes:
Market in Consolidation. Daily is down. H4, a signal for up is white crossing purple. PSAR are resistance. H2, white crossed smooth. SAR attached at top. EMA still possible slide over Purple. ROMAR is Resistance. I will wait for right setup to make SHORT entry.
  • #14,474
  • Oct 24, 2018 12:09am Oct 24, 2018 12:09am
Quoting killerxover
Date: 24 October 2018 7.30 AM GMT+7 News Releases: 14.15 - 15.00 EUR Medium News Daily: ROMAR Resistance EMA Resistance PSAR Resistance Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Down Last DB Attachment - Bottom 128.202 Last SAR Attachment - Bottom 128.202 Fibo - Down Notes: Daily is Downtrend. 4 Horsemen Down. Light Blue and Gold Divergences attached at Bottom together with DB/SAR. 4 HR: ROMAR Resistance EMA Resistance PSAR Resistance Check List: Last DB Attachment - Bottom 128.202 Last SAR Attachment - Bottom 128.202 Fibo -...
Adjustment:
H2 EMA crossed Purple for up. DB connected at top with Magenta divergence. Taking Short entry would be a risky trade.
  • #14,475
  • Oct 24, 2018 3:03am Oct 24, 2018 3:03am
***Side note: The 2:00 candle looks like Shinny's anti-psar scenario, with Parabolic flip then DB reconnects with SAR to go top, MACD UP + we can tie the connection with the Daily resistance (WHITE/SMOOTH) ***
Trading plan: 8:00 candle server time
Red news : None

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - DOWN
Notes:
Market opened below PURPLE resistance, everything is pointing down. Hit SMOOTH and went down with trend.

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - GREEN
Notes:
SAR attach top at 129.205

2 HR:
ROMAR - Resistance
EMA - Resistance/Support
PSAR - Support
FIBO - UP GREEN
Notes:
Only standard Divergence + DB attach top near by ROMAR resistance.

1 HR:
ROMAR - Resistance
EMA - Resistance/Support
PSAR - Resistance
Fibo - UP green
Notes:
Parabolic just flipped to UP, also market bounce off ROMAR to go back down.

Final Notes for all four charts:
Currently in downtrend.
Projected entry:
Short: Follow DBSAR, right now only the SAR is attach bot and then DB will follow to continue the downtrend. Wait for the nearest resistance pullback to enter.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
  • #14,476
  • Oct 24, 2018 5:35am Oct 24, 2018 5:35am
Quoting Romar
***Side note: The 2:00 candle looks like Shinny's anti-psar scenario, with Parabolic flip then DB reconnects with SAR to go top, MACD UP + we can tie the connection with the Daily resistance (WHITE/SMOOTH) *** Trading plan: 8:00 candle server time Red news : None Daily: ROMAR - Resistance EMA - Resistance PSAR - Resistance FIBO - DOWN Notes: Market opened below PURPLE resistance, everything is pointing down. Hit SMOOTH and went down with trend. 4 HR: ROMAR - Resistance EMA - Resistance PSAR - Resistance FIBO - GREEN Notes: SAR attach top at 129.205...
Entry: Short, 10:00 open candle.
Rule / confluence :
I know the entry its sort of out of nowhere, but the H2 Parabolic just flip for the down. The candle opened near H1 PURPLE and right under H2 FIBO 23.6 + DB has not reconnected with SAR yet.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 78 KB
  • #14,477
  • Oct 24, 2018 9:49am Oct 24, 2018 9:49am
Quoting killerxover
{quote} Adjustment: H2 EMA crossed Purple for up. DB connected at top with Magenta divergence. Taking Short entry would be a risky trade.
No entry today. As my plan is going to short, then I was distracted by
1. EMA crossing Purple Up
2. PSAR flip for Up
3. Fibo Up
And after that, News release just pushed the market down. I didn't have courage to Short after PSAR flip for down, just like Romar did. I will wait for next day.
  • #14,478
  • Oct 24, 2018 11:22am Oct 24, 2018 11:22am
Hey guys,
I picked up a 55 inch 4k Tv to use as a monitor to see all four charts at once. Was a pretty cheap option and I just wanted to check if my charts are correct. Trading from Canada and there is only one option for the demo and live account so hopefully the server matches for the correct time. Been studying for quite some time in the background and believe it's time to start posting my plans and take it to the next level. After you click on the attachment you have to click the zoom button on mouse when hovering over the charts to see them clearly. Is it ok to post all four charts with my plan in this format providing they are correct?
Attached Image (click to enlarge)
Click to Enlarge Name: Paradox Charts.png Size: 321 KB
  • #14,479
  • Oct 24, 2018 11:40am Oct 24, 2018 11:40am
Quoting Romar
{quote} Entry: Short, 10:00 open candle. Rule / confluence : I know the entry its sort of out of nowhere, but the H2 Parabolic just flip for the down. The candle opened near H1 PURPLE and right under H2 FIBO 23.6 + DB has not reconnected with SAR yet. {image}
Here is mine...

Attached Image (click to enlarge)
Click to Enlarge Name: Result EJ H2 2018-10-24-1600.png Size: 72 KB

(Note: MA lines are not correct)
  • #14,480
  • Oct 24, 2018 1:12pm Oct 24, 2018 1:12pm
Quoting Contra
Hey guys, I picked up a 55 inch 4k Tv to use as a monitor to see all four charts at once. Was a pretty cheap option and I just wanted to check if my charts are correct. Trading from Canada and there is only one option for the demo and live account so hopefully the server matches for the correct time. Been studying for quite some time in the background and believe it's time to start posting my plans and take it to the next level. After you click on the attachment you have to click the zoom button on mouse when hovering over the charts to see them...
We need to be on Demo 106
Being in Canada I also had this problem.
I did what our friend ST.WOLF suggested in post 13510
It has been working great for me!
12 traders viewing now