The Paradox System | Page 726 | 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

  • #14,501
  • Oct 27, 2018 2:26am Oct 27, 2018 2:26am
Quoting Ronin303
Well guys... You may have a look on my trades of this week. It was a 5 out of 5 success. I generally couldn't take 5 trades in a week. {image} {image} {image} {image} {image} Well, the last one is not on Friday rather it was taken on Thursday late night. I accidentally saw the setup and took the trade. And I take the Friday off. One of the trade above is more than 40 pips. Actually it was targeted for 80 pips. Though it reached my target, I closed it manually for some reasons I forget. Regards, Ronin (Note: M.A lines are not correct)
thankyou ronin i always learn a lot from you.
  • #14,502
  • Oct 28, 2018 12:55am Oct 28, 2018 12:55am
Quoting Ronin303
{quote} Open below EMA with the ROMAR trend in such situation is a dangerous thing to happen for not going long there. Rather I would say it was a signal for short if other confluence factors support...
Thanks alot Ronin for your feedback, really appreciate it. Btw, excellent trades you had. As Romar was asking about thursday entry, I hope you would share to us your plan on that entry.
  • #14,503
  • Oct 28, 2018 10:20am Oct 28, 2018 10:20am
Quoting killerxover
{quote} Thanks alot Ronin for your feedback, really appreciate it. Btw, excellent trades you had. As Romar was asking about thursday entry, I hope you would share to us your plan on that entry.
Here is your entry below:

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2BUY.png Size: 63 KB


Now -- you tell me the rules for EMA on both Slider and crossing of purple. And then tell me the rules for White and Smooth crossing purple when you pulled the trigger. And then look at the H4 EMA/Parabolic and you will see the power of you being bias for a losing trade. There is no-one on this thread can help you until you help yourself. You cannot EVER be bias with the Paradox. You have to learn how to trade the TREND or keep losing.
The Dove - Forex Trainer
  • #14,504
  • Oct 28, 2018 10:44am Oct 28, 2018 10:44am
What most of you traders are missing with Ronin303 is his beginning. If you want to see a trader starting from nothing to everything then study his beginning. Everyone of you will see yourself in Ronin303. He had to learn the hard way. But because he has the heart he had become one of the Elite. In other words - he traveled a very hard road to be where he is at today; he never gave up..
The Dove - Forex Trainer
  • #14,505
  • Oct 28, 2018 3:39pm Oct 28, 2018 3:39pm
Quoting dove_alliance
What most of you traders are missing with Ronin303 is his beginning. If you want to see a trader starting from nothing to everything then study his beginning. Everyone of you will see yourself in Ronin303. He had to learn the hard way. But because he has the heart he had become one of the Elite. In other words - he traveled a very hard road to be where he is at today; he never gave up..
Thank you Dana for your words. It is my honor. And it is my honor to be your student.
  • #14,506
  • Oct 28, 2018 4:17pm Oct 28, 2018 4:17pm
Quoting Romar
{quote} Wowww nice trades Ronin! On the Thursday buy entry trade, could you please show us your trading plan?? (for learning purposes)
I am sorry Romar. I do not have the screen shot of other charts of that time and I can not recall my thoughts. May be Daily had some confluence. But I can tell you this: So many candles on H2 retraced from Purple and TP was below EMA. A trend can not last forever.

Please you don't have to worry about what you don't understand. It will come to you one by one starting from the easy ones. Thinking about complex trades will ruin your easy trades. It happened to me. I always try to get the easy ones. Don't feel jealous if someone take a trade you couldn't recognize.
  • #14,507
  • Oct 29, 2018 3:21am Oct 29, 2018 3:21am
Trading plan: 8:00 candle server time
Red news : none

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - UP
Notes:
Everything pointing down, PURPLE and market touch for re-balance.

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - UP
Notes:
DB/SAR attach bot, SAR detach from bot to top right now. SMOOTH WHITE cross PURPLE for the up.

2 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support
FIBO - UP
Notes:
DB/SAR attach bot, SAR detach from bot to top right now. Market retrace to EMA and opened above PURPLE

1 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support
Fibo - UP
Notes:
Everything pointing up.

Final Notes for all four charts:
Currently consolidating, H2 EMA PURPLE CROSS - Notice SMOOTH WHITE cross at 20:00 and then after the candle EMA PURPLE cross at 22:00 which mean reversal because the 2 crosses crossed right after another. Also notice Daily candle bar is a green for the re-balance after 3 candle without touching PURPLE.

Entry: Long, open candle 8:00.
Rule / Confluence:
Daily re-balancing power candle is green after 3 candles without touching PURPLE. H2 SMOOTH WHITE cross and the very next candle EMA PURPLE cross for the up + market hit EMA support and bounce back up, also notice DB/SAR bottom and SAR detach to go top so DB next connection is top. H4 Parabolic is flip flopping UP to DOWN, also SMOOTH PURPLE cross + this is going to be the 3rd time SAR detach from bot to go top at EMA resistance... H4 EMA resistance cannot last forever.
H2 trade from EMA to ROMAR, there isn't a lot of space between my TP and ROMAR but my TP is still below ROMAR.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 87 KB
  • #14,508
  • Oct 29, 2018 4:30am Oct 29, 2018 4:30am
Quoting Romar
Trading plan: 8:00 candle server time Red news : none Daily: ROMAR - Resistance EMA - Resistance PSAR - Resistance FIBO - UP Notes: Everything pointing down, PURPLE and market touch for re-balance. 4 HR: ROMAR - Resistance EMA - Resistance PSAR - Resistance FIBO - UP Notes: DB/SAR attach bot, SAR detach from bot to top right now. SMOOTH WHITE cross PURPLE for the up. 2 HR: ROMAR - Resistance EMA - Support PSAR - Support FIBO - UP Notes: DB/SAR attach bot, SAR detach from bot to top right now. Market retrace to EMA and opened above PURPLE 1 HR: ROMAR...
Result: -40 pips, SL HIT.
Self-evaluation:
That was a really quick SL, I believe the main reason why I lost was probably because I traded vs ROMAR downtrend on all the charts! If someone knows its because of something else then please do comment.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 84 KB
  • #14,509
  • Oct 29, 2018 5:02am Oct 29, 2018 5:02am
Quoting Romar
{quote} Result: -40 pips, SL HIT. Self-evaluation: That was a really quick SL, I believe the main reason why I lost was probably because I traded vs ROMAR downtrend on all the charts! If someone knows its because of something else then please do comment. {image}
The clue was on your notes for h4, with the sar attachment , for yet again another entry Down.
  • #14,510
  • Oct 29, 2018 5:38am Oct 29, 2018 5:38am
Quoting Romar
{quote} Result: -40 pips, SL HIT. Self-evaluation: That was a really quick SL, I believe the main reason why I lost was probably because I traded vs ROMAR downtrend on all the charts! If someone knows its because of something else then please do comment. {image}
Self-evaluation 2 :
Now that the market did what I thought it would do, I believe my trade failed because of the entry. The ideal entry would have at 22:00 candle where before SMOOTH PURPLE cross and then followed by the EMA PURPLE cross on the 22:00 candle. Also there is a 15 pips difference from my entry (8:00 candle) to the 22:00 candle which costed my trade to hit SL. Overall I am glad I lost, this confirm the entry is just as important as knowing the rule of the Paradox - so even tho we know whats going to happen, it starts with the entry to protect our SL and hit our TP. Lesson learned, now moving on and looking foward to trade tomorrow.
  • #14,511
  • Oct 29, 2018 5:39am Oct 29, 2018 5:39am
Quoting SuchParadox
{quote} The clue was on your notes for h4, with the sar attachment , for yet again another entry Down.
Hi SuchParadox,
Thank you for taking the time to reply! and yes note taken!
  • #14,512
  • Oct 29, 2018 5:56am Oct 29, 2018 5:56am
Man guys... are you not amaze like I am with the Paradox, I just love everything about it and all I think about in my free time is the Paradox - anyone like me or I'm going crazy?! haha. But seriously, I want to say a big big thank you to Master Dana againnnnnnnnn.
  • #14,513
  • Oct 29, 2018 5:57am Oct 29, 2018 5:57am
Quoting Romar
{quote} Result: -40 pips, SL HIT. Self-evaluation: That was a really quick SL, I believe the main reason why I lost was probably because I traded vs ROMAR downtrend on all the charts! If someone knows its because of something else then please do comment. {image}
I think we needed to wait SAR attachment on h2 chart so we can not go long until DB correction.

Check SAR attachment on h2.
Attached Image (click to enlarge)
Click to Enlarge Name: SAR attachment.png Size: 55 KB


DB correction with magenta divergence on h2.
Attached Image (click to enlarge)
Click to Enlarge Name: db correction.png Size: 53 KB


So entry was open candle after DB correction. I just want to help you romar this is my observation and still i am learning.
  • #14,514
  • Oct 29, 2018 6:07am Oct 29, 2018 6:07am
Quoting timetolearn
{quote} I think we needed to wait SAR attachment on h2 chart so we can not go long until DB correction. Check SAR attachment on h2. {image} DB correction with magenta divergence on h2. {image} So entry was open candle after DB correction. I just want to help you romar this is my observation and still i am learning.
Hi timetolearn,
oh man thank you so much for reviewing my trade, and yes what you said makes sense. You are not alone my friend, I also have a lot lot of learning to do.
  • #14,515
  • Oct 29, 2018 6:29pm Oct 29, 2018 6:29pm
Trading plan 30/10/2018
Economic news : USD 17.00 CB Consumer Confidence

Daily
ROMAR - resistance
EMA - resistance
Parabolic - resistance

Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB/SAR Attachment - down at 126.621
Fibonacci - green

Notes: We are in downtrend. Market hit smooth and 23.6 resistance then retraced 50 pips back and it is moving between purple and white now.

H4
ROMAR - resistance
EMA - support
Parabolic - support

Checklist:
Last DB Attachment - top at 128.223
Fibonacci - green

Notes : 4horsemen is up. Romar and BB upper band is resistance at 128.700 and market is now at 127.700 so we have 100 pips way to go there.

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

Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - down
Last DB Attachment - top at 128.223
Fibonacci - green

Notes: 4hm is up. Market hit romar resistance then restaced back to ema support. Parabolic is strong support , purple crossed white so it is eliminated but parabolic trend and macd is still up. Magenta divergence attached DB at the top but market didn’t hit fibo 100.0 level which is at 128.427.

H1
ROMAR - support
EMA - resistance
Parabolic - resistance

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

Notes: Ema crossed romar so romar is support but market couldn't stay over romar that’s why 4horsemen turned down.

FİNAL NOTES: We are still in downtrend on d1 but 4horsemen is up on h2&h4 so generally we are in consolidation. As we can see that candle opened under ema when purple cross white and romar is resistance on h2 chart. In this situation, we can think it is time to go short. However, ema and parabolic is support on h2&h4 and Ema crossed romar on h1 is important sign. Anyway, i will not just focus to go long because i realized that everything can happen so i can change my plan but it is up to paradox. According to my plan, i will wait for new daily candle and see what will happen.

Entry: looking for long...
  • #14,516
  • Oct 29, 2018 8:27pm Oct 29, 2018 8:27pm
Quoting timetolearn
Trading plan 30/10/2018 Economic news : USD 17.00 CB Consumer Confidence Daily ROMAR - resistance EMA - resistance Parabolic - resistance Checklist: Last MACD 0 Crossing - down Last EMA Alert Arrow - down Last DB/SAR Attachment - down at 126.621 Fibonacci - green Notes: We are in downtrend. Market hit smooth and 23.6 resistance then retraced 50 pips back and it is moving between purple and white now. H4 ROMAR - resistance EMA - support Parabolic - support Checklist: Last DB Attachment - top at 128.223 Fibonacci - green Notes : 4horsemen is up. Romar...
Entered long...

Attached Image (click to enlarge)
Click to Enlarge Name: entry.png Size: 55 KB
  • #14,517
  • Oct 30, 2018 3:20am Oct 30, 2018 3:20am
Trading plan: 8:00 candle server time
Red news : none

Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
FIBO - UP
Notes:
Everything pointing down, market opened above WHITE. DB/SAR attach bot.

4 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support
FIBO - UP
Notes:
DB is attach top with both standard and hidden divergence.

2 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support
FIBO - UP
Notes:
DB and both standard hidden divergence is attach top, also notice the market is around FIBO 100 and has yet to flip to RED.

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support
Fibo - DOWN
Notes:
Everything pointing up

Final Notes for all four charts:
Currently consolidating. H2 DB and both divergence top same for H4. Daily SAR has not attach top yet.

Projected Entry: Short - wait for H2 4HSM shows reversal, or wait for more confluences.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 76 KB
  • #14,518
  • Oct 30, 2018 7:22am Oct 30, 2018 7:22am
Quoting dove_alliance
{quote} Here is your entry below: {image} Now -- you tell me the rules for EMA on both Slider and crossing of purple. And then tell me the rules for White and Smooth crossing purple when you pulled the trigger. And then look at the H4 EMA/Parabolic and you will see the power of you being bias for a losing trade. There is no-one on this thread can help you until you help yourself. You cannot EVER be bias with the Paradox. You have to learn how to trade the TREND or keep losing.
Sorry for late response, Sir. I hope I interpret the rules correctly.
Rules of slider is when white crossing purple and next candle if ema doesn't cross purple, it will turn into slider. This happened to H2 and my entry was too early. And in addition, H4 EMA and PSAR in downtrend. My mistakes was being biased of by H2 4 horsemen being up and anticipating white was going to cross purple on H4.
  • #14,519
  • Oct 30, 2018 11:04am Oct 30, 2018 11:04am
Quoting Romar
Trading plan: 8:00 candle server time Red news : none Daily: ROMAR - Resistance EMA - Resistance PSAR - Resistance FIBO - UP Notes: Everything pointing down, market opened above WHITE. DB/SAR attach bot. 4 HR: ROMAR - Resistance EMA - Support PSAR - Support FIBO - UP Notes: DB is attach top with both standard and hidden divergence. 2 HR: ROMAR - Resistance EMA - Support PSAR - Support FIBO - UP Notes: DB and both standard hidden divergence is attach top, also notice the market is around FIBO 100 and has yet to flip to RED. 1 HR: ROMAR - Support...
Entry: Short, open 16:00 candle.
Rule/Confluence:
In consolidation/ranging DBSAR / FIBO / Divergence has the control. Currently H2 DBSAR connected top with both standard hidden Divergence and at recently flipped FIBO RED 0 + ROMAR EMA has not cross to switch role so ROMAR is still resistance. H4 also has DB and both Divergence connected top. Everything in Daily is pointing down resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
  • #14,520
  • Oct 30, 2018 12:30pm Oct 30, 2018 12:30pm
Quoting Romar
{quote} Entry: Short, open 16:00 candle. Rule/Confluence: In consolidation/ranging DBSAR / FIBO / Divergence has the control. Currently H2 DBSAR connected top with both standard hidden Divergence and at recently flipped FIBO RED 0 + ROMAR EMA has not cross to switch role so ROMAR is still resistance. H4 also has DB and both Divergence connected top. Everything in Daily is pointing down resistance. {image}
This is what I call an "idiots trade" in not knowing the rules. This statement is false: "DBSAR / FIBO / Divergence has the control."

You have a multiple major support and still you want to go short; not even evaluating the resistance as a stopper. You might get lucky as you do once in awhile. You have a major problem and that is interpreting the rules instead of knowing the rules. And most times you interpret the rules incorrectly. So your excuses are out of the box.

For right now - in the moment - you have the 23.6 Fibo, EMA, and the Parabolic having the control (as a stopper) for any short.
The Dove - Forex Trainer
6 traders viewing now