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The Paradox System

  • #16,021
  • Apr 26, 2019 3:02am Apr 26, 2019 3:02am
introduced short according to the trading plan
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Either I will find a way, or I will make one...
  • #16,022
  • Apr 26, 2019 7:48am Apr 26, 2019 7:48am
Quoting Sinai
DAILY PLAN –26/04/19: NEWS: 14:30 USD Daily: ROMAR - Support EMA - Support PSAR - Resistance Check List: Last MACD 0 crossing - DOWN Last EMA Alert Arrow - DOWN Fibo - DOWN Notes: Db is attached to the bottom with SAR Market is out of balance with purple ROMAR just crossed EMA H4: ROMAR - Resistance EMA - Resistance PSAR - Resistance Check List: Fibo - DOWN Notes: DB is at the bottom and SAR just dettached 4 Knights are in downtrend with white pointing to purple H2: ROMAR - Resistance EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing...
Trade closed by news rule.
Bad trade, my entries are not good, so they are not reaching profit.
Maybe should have waited for DB attachment for selling into new low?
  • #16,023
  • Apr 26, 2019 8:53am Apr 26, 2019 8:53am
Result: closed in front of the red news -5 points.
Evaluation of trade: the deal is lost. The lack of synchronization of H1 and H2 has pushed the market into a sideways movement. There was no clean entrance. For the long ones, there was no opening above the EMA and the slider as described by the Dove in post 15516, and for the short ones there was no Н1 turn and day violet.
Either I will find a way, or I will make one...
  • #16,024
  • Apr 26, 2019 9:08am Apr 26, 2019 9:08am
Quoting Iris2018
Result: closed in front of the red news -5 points. Evaluation of trade: the deal is lost. The lack of synchronization of H1 and H2 has pushed the market into a sideways movement. There was no clean entrance. For the long ones, there was no opening above the EMA and the slider as described by the Dove in post 15516, and for the short ones there was no Н1 turn and day violet.
For what i understand, that tutorial is about ranging and breakout and we are not in that situation.
Rules that apply for one situation are not applied for other situations.
I have difficulties distinguishing scenarios and understanding their progression, for me we are in a downtrend with fibo bottom consolidation.
  • #16,025
  • Apr 26, 2019 9:12am Apr 26, 2019 9:12am
Daily is imbalanced with ROMAR close to EMA. I believe in this situation one has to be careful with H2 SAR short entries.
  • #16,026
  • Apr 26, 2019 10:18am Apr 26, 2019 10:18am
Quoting Sinai
{quote} For what i understand, that tutorial is about ranging and breakout and we are not in that situation. Rules that apply for one situation are not applied for other situations. I have difficulties distinguishing scenarios and understanding their progression, for me we are in a downtrend with fibo bottom consolidation.
Sorry, 15517 post:
On this screen shot showing the open above EMA. This is very import and also a rule for both up and downtrends. This rule has to do in the way White and Smooth crosses Purple. And this rules does not apply to ANY SLIDERS. Only with reversal.
And the rules is: White and Smooth must cross Purple (separately) on the same bar with the open above EMA (as showing). This will give both White and Smooth crossing one another on the next bar; with EMA also crossing Purple on the next bar. Also take note with this scenario; both ROMAR and the Parabolic as resistance will be eliminated.. Bury this image into your memory.

This slider today was not. I believe that since the trend of the romar / EMA is down on all the cards, we should look for sales. And the best entry with the SAR application in the parabolic H4 (on it is daily level 61.8 fib) and on H2 there will be a DB with two divergences.Login only from top to bottom. I lost, because there was little space before Fibo (Dove spoke at least 50 points in consolidation), and there was strong support for DBs with SAR with two divergences. I had to wait for a deeper pullback. Use SAR in parabolic H4, as I used H2 on Wednesday.
Imbalance with purple diurnal we should not close.
I'm standing exactly short These are all my thoughts. I hope the teacher will tell us something!
Either I will find a way, or I will make one...
  • #16,027
  • Apr 28, 2019 5:03pm Apr 28, 2019 5:03pm
EURJPY Date: 28-29/04/19
News:

Daily:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
Checklist:

Last MACD 0 crossing: down, bigger bar.
Lat EMA alert arrow: Down
Last DB attachment: Bottom, 124.079
Fibo: Red and down

Notes: Waiting for new daily,
4hm turned down, with ema crossing Romar, now resistance. We have a 22 pip distance to purple resistance, However On Friday market failed to even reach 23.6 resistance and came within 14 pips. Also Market currently 70 pips from reaching the low of the fibo and creating a double bottom at support. Based on the previous swings we had a high, double bottom, HL, LL then a double top. So there is possibility for a new low, however Don’t assume anything.

4HR:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
Checklist:

Last DB attachment: 124.079, with Sar attaching at ema 124.705
Fibo: Green and up

Notes: 4hm beginning to turn up in a potential new swing up, with purple crossing smooth. We have both Divergence attached at the bottom, with the flip of the fibo. And a sar attachment at EMA which held as resistance on Friday. Now the question is, with the 4hm hold support for a swing up, but before that can happen, we have an ema slider in the making.


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

Checklist:

Last MACD 0 crossing: up, smaller bars
Lat EMA alert arrow: Down
Last DB attachment: 124.705, with sar 124.260
Fibo: green and up

Notes: H2 is in a tight consolidation, with the 4hm being close together. BB is closing in and romar resistance is out of the trading range. We have conflicting signals with ema down arrow and macd being up. H2 moving sideways between h4 ema and psar holding as support. Previous SAR/DB attachment has standard divergence.

1HR:

ROMAR: Resistance
EMA: Resistance
PSAR: Support

Checklist:

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

Notes: h1 Ranging between both BB’s. Ema/macd both down in sequence. With the 4hm being tight together, showing the ranging. Romar resistance Out of trading range.


Final Notes: daily turned down, slightly imbalanced, h4 in an ema slider with a potential turn up, h2 turned up, with a swing down to psar during fridays close and h1 ranging sideways. We are in consolidation, with the market attempting to reach the daily low of the fibo. We also have conflicting signs of the start of an upswing, on h4 and h2. I will wait for new daily candle and re-evaluate.

Projected Entry: Based on the Monday Open, with psar holding support on h2 with confluence on h4, I will look to Go long once the spread reduces, either on the next hour or the one after, to get an entry as low as possible, and catch the swing up.

Entry: Entered Long for 40/40 once the spread was manageable.
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  • #16,028
  • Apr 29, 2019 3:12am Apr 29, 2019 3:12am
Trading plan 29/04/2019 Economic news : no
H1: ROMAR – res EMA - sup
PSAR - sup Check List: Fibo red
Last MACD 0 crossing –UP
Last EMA Alert Arrow –UP
Notes: Consolidation. Riders pointing up. Romar and BB strike (resistance)
H2:
ROMAR – res
EMA- sup
PSAR – sup Check List: Last EMA Alert Arrow – UP
Last DB with SAR Attachment – UP (125.794) – 2 Diver
Fibo- green Notes:. Consolidation. Riders pointing up.BB strike (resistance)
H4: ROMAR - res EMA – sup
PSAR - sup
Check List: Last DB Attachment – UP (125.794) – 1 Diver
Fibo - green Notes:. Consolidation. Riders pointing up.
Daily:
ROMAR –res
EMA - res
PSAR - res
Check List: Last EMA Alert Arrow – DOWN
Last MACD 0 crossing - DOWN Last DB Attachment – DOWN (124.079) Fibo - red Notes: Downtrend. Riders pointing down. Bars under the level of 61.8 fibo (6 points). There is a place to the level of 100 fibo
Final Notes for all charts: Consolidation. The main trend of the romar / EMA on all charts down to search for sales. H1 and H2 are synchronized. On H1, a blow to the romar (resistance) and on H2 a blow to the upper BB. On H2 DB with SAR with two divergences at the top, then the following will be below. While the charts are set up long, but ahead is the level of 61.8 fibo daytime, smooth daytime in merging with the H2 romar. In consolidation, trade goes both ways.
Entry: Long: - There is no place for resistance (61.8 Fibo dayli, H1 romar, H2 romar)
Short: With a blow to strong resistance and if there is space to support the nearest
Either I will find a way, or I will make one...
  • #16,029
  • Apr 29, 2019 6:09am Apr 29, 2019 6:09am
Quoting SuchParadox
EURJPY Date: 28-29/04/19 News: Daily: ROMAR: Resistance EMA: Resistance PSAR: Resistance Checklist: Last MACD 0 crossing: down, bigger bar. Lat EMA alert arrow: Down Last DB attachment: Bottom, 124.079 Fibo: Red and down Notes: Waiting for new daily, 4hm turned down, with ema crossing Romar, now resistance. We have a 22 pip distance to purple resistance, However On Friday market failed to even reach 23.6 resistance and came within 14 pips. Also Market currently 70 pips from reaching the low of the fibo and creating a double bottom at support. Based...
Evaluation: Took 40 from the market. Market came within the pip of my tp, and I made sure that it was just at the 61.8 on Daily. So I got quite lucky as it could have missed by a few pips. But knowing support, resistance and trend was the key for entering the long as early as I did. I could Have waited, but with the open in sync with the 120 psar trend, and h4 beginning a swing up, was enough confluence headed for 61.8 on daily.
  • #16,030
  • Edited 7:26am Apr 29, 2019 7:10am | Edited 7:26am
Quoting SuchParadox
{quote} Evaluation: Took 40 from the market. Market came within the pip of my tp, and I made sure that it was just at the 61.8 on Daily. So I got quite lucky as it could have missed by a few pips. But knowing support, resistance and trend was the key for entering the long as early as I did. I could Have waited, but with the open in sync with the 120 psar trend, and h4 beginning a swing up, was enough confluence headed for 61.8 on daily.
You have in the picture the entrance price 124, 446. Maximum DB 124,846. There was no spread?
Please lay out the screen of your terminal with this transaction.
You do not have a word about 61.8 Fibo day trading. The entrance to the next candle after SAR from a parabolic would be clean and perfect, but you missed it. And the entrance to the next candle (like yours) does not give 40 points.
Looks like a hoax.
I would be glad if I am mistaken.
But we all learn for ourselves and we must be honest with ourselves
Either I will find a way, or I will make one...
  • #16,031
  • Apr 29, 2019 8:35am Apr 29, 2019 8:35am
Quoting Iris2018
{quote} You have in the picture the entrance price 124, 446. Maximum DB 124,846. There was no spread? Please lay out the screen of your terminal with this transaction. You do not have a word about 61.8 Fibo day trading. The entrance to the next candle after SAR from a parabolic would be clean and perfect, but you missed it. And the entrance to the next candle (like yours) does not give 40 points. Looks like a hoax. I would be glad if I am mistaken. But we all learn for ourselves and we must be honest with ourselves
Yes you are right, I got 39 pips instead of 40. However I willingly changed my tp because as Dana taught us you should always consider the risk before entering a trade and I knew the 61.8 would be a stopper for my trade. I'm not trying to impress anyone and my postings is for me to look back and learn and maybe inspire others, but one part of trading is also eliminating risk, so if its a hoax that's up to you but if you just want to attack me then atleast give me some constructive criticism. I'm also just a student like you, so if anyone deserves to attack me it's Dana.
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  • #16,032
  • Apr 29, 2019 9:00am Apr 29, 2019 9:00am
Quoting SuchParadox
{quote} Yes you are right, I got 39 pips instead of 40. However I willingly changed my tp because as Dana taught us you should always consider the risk before entering a trade and I knew the 61.8 would be a stopper for my trade. I'm not trying to impress anyone and my postings is for me to look back and learn and maybe inspire others, but one part of trading is also eliminating risk, so if its a hoax that's up to you but if you just want to attack me then atleast give me some constructive criticism. I'm also just a student like you, so if anyone...
Thanks for the photo. I did not want to offend you. You did not have a 40/40 deal. That's all I wanted to tell you. I do not criticize her. Perhaps she would pass 40 points. But you closed it manually. That's all I wanted to say. There were no 40/40 deals. Sorry if it offended you
Either I will find a way, or I will make one...
  • #16,033
  • Apr 29, 2019 9:06am Apr 29, 2019 9:06am
Quoting Iris2018
{quote} Thanks for the photo. I did not want to offend you. You did not have a 40/40 deal. That's all I wanted to tell you. I do not criticize her. Perhaps she would pass 40 points. But you closed it manually. That's all I wanted to say. There were no 40/40 deals. Sorry if it offended you
I didn't close it manually. It closed itself based on the pre defined pips I set last night because of resistance which I saw before pulling the trigger. With all due respect you worry about your trading and I'll worry about mine.
Thank you
  • #16,034
  • Apr 29, 2019 5:33pm Apr 29, 2019 5:33pm
EURJPY Date: 30/04/19
News: USD News 3 pm gmt .

Daily: check to see if open above 61.8 or not
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
Checklist:

Last MACD 0 crossing: down
Lat EMA alert arrow: down
Last DB attachment: Bottom, 124.079
Fibo: red and down

Notes: 4hm turned down. Monday candle had a retrace to smooth resistance. EMA resistance 40 pips away,

4HR:

ROMAR: Resistance
EMA: Support
PSAR: Support
Checklist:

Last DB attachment: top, at the 50 fib 125.086
Fibo: green and up

Notes: 4hm turned up with ema now support and facing up. We have standard divergence attached at the db with a slight retrace and Romar resistance being 35 pips away and ema support being 23 pips.


2HR: open below Romar, purple and white.
Opening Price: 124.900
ROMAR: Resistance
EMA: Support
PSAR: Support

Checklist:

Last MACD 0 crossing: up
Lat EMA alert arrow: up
Last DB attachment: top, same as h4 above romar with both divergence
Fibo: green and up, however next candle will change the fibo.

Notes: 4hm turned up with smooth currently holding support, and romar as resistance. We had both Divergence attach with the high, above romar resistance. With market currently consolidating below purple/white.
EMA and PSAR trend are still up.

1HR:

ROMAR: Support
EMA: Support
PSAR: Support

Checklist:

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

Notes: psar and ema have been keeping the trend up with swings between the creating higher highs. We now have a potential ema slider forming with either a turn or continuation, however macd showing signs of slowing momentum.


Final Notes: h1 turning down, h2 turned up, h4 turned up and daily down with the retrace to smooth resistance. We are in a consolidated uptrend with market showing signs of slowing down for a slider. EMA resistance on daily is around 40 pips away, eit 61.8 now acting as a support provided new daily stays above.

Projected entry: We are in consolidation, with the db/sar creating a high on h2 with both divergence, and signs showing of slowing momentum on h1 and a potential flip of the fibo on the next h2 candle. I am looking to catch the swing short, provided an open below smooth on h2, with confluence on h1 and fibo flip on h2.
  • #16,035
  • Apr 29, 2019 7:14pm Apr 29, 2019 7:14pm
April 29th, 2019 EUR/JPY.
Session: Tokyo
Red News: none

H1
Romar: Support
EMA: Support
Parabolic: Support
Fibs: Red
Note: Out of sync with H2. Romar EMA has crossed for the up.
H2
Romar: Resistance
EMA: Support
Parabolic: Support
Fibs: Green
EMA last arrow: UP, MACD: UP
Note: The 4 horsemen are pointing for the up against Romar. And the last DB connection is at the top with both Divergence showing at the Romar resistance. Romar is currently sliding over Purple.
H4
Romar: Resistance
EMA: Support
Parabolic: Support
Fibs: Green
Note: The 4 horsemen are pointing for the up against Romar, and EMA Purple recently crossed for the up. The last DB connection is at top with only the standard Divergence showing.
Daily
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Fibs: Red
EMA last arrow: DOWN, MACD: DOWN
Note: The market opened above Smooth but the SAR has yet to show up. The last DB connection is at the bottom with only the standard Divergence showing, and the 4 horsemen are currently pointing for the down.

Final note: The market is currently in consolidation. H1 Fibo has already flipped to green so H2 H4 market can be next to reach the Fibo green '100' in sequence for the Fibo flips, or not. Notice how H2 Romar is sliding over Purple for the down.
Projected entry
Look to short at resistance if H2 shows a reversal for the H2 Romar to hold resistance.
Can also look to go long from support if there is a retrace to and enough pips before resistance.
  • #16,036
  • Apr 29, 2019 8:21pm Apr 29, 2019 8:21pm
Quoting SuchParadox
EURJPY Date: 30/04/19 News: USD News 3 pm gmt . Daily: check to see if open above 61.8 or not ROMAR: Resistance EMA: Resistance PSAR: Resistance Checklist: Last MACD 0 crossing: down Lat EMA alert arrow: down Last DB attachment: Bottom, 124.079 Fibo: red and down Notes: 4hm turned down. Monday candle had a retrace to smooth resistance. EMA resistance 40 pips away, 4HR: ROMAR: Resistance EMA: Support PSAR: Support Checklist: Last DB attachment: top, at the 50 fib 125.086 Fibo: green and up Notes: 4hm turned up with ema now support and facing up....

Entry: Entered short for 40/40 on new h1 open candle in confluence with 4hm turned down, and purple/white holding resistance on h2 below Romar and in sync with daily downtrend.
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  • #16,037
  • Apr 30, 2019 1:01am Apr 30, 2019 1:01am
Quoting Lakers
April 29th, 2019 EUR/JPY. Session: Tokyo Red News: none H1 Romar: Support EMA: Support Parabolic: Support Fibs: Red Note: Out of sync with H2. Romar EMA has crossed for the up. H2 Romar: Resistance EMA: Support Parabolic: Support Fibs: Green EMA last arrow: UP, MACD: UP Note: The 4 horsemen are pointing for the up against Romar. And the last DB connection is at the top with both Divergence showing at the Romar resistance. Romar is currently sliding over Purple. H4 Romar: Resistance EMA: Support Parabolic: Support Fibs: Green Note: The 4 horsemen...
Entry
In consolidation trade from support to resistance and vice-versa.
The last H2 DB connection is at the top with both Divergence showing on H2 Romar resistance so next DB connection is to the bottom confluence with H2 EMA / MACD arrow showing in sequence for the down.
Notice H2 Romar is staying resistance because Purple did not cross for the up making Romar sliding over Purple for the down.
Also H1 entry open candle is below Romar and can cause H1 Romar EMA to cross for the down so that every Romar syncs for the down.
Risk
H2 EMA can be a slider and SAR is currently showing. Also H4 Parabolic support can block the TP.

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  • #16,038
  • Apr 30, 2019 1:09am Apr 30, 2019 1:09am
Trading plan 30/04/2019 Economic news : CB Consumer Confidence
H1: ROMAR – res/sup EMA - res
PSAR - res Check List: Fibo red
Last MACD 0 crossing – DOWN
Last EMA Alert Arrow – DOWN
Notes: Consolidation. Riders pointing down.
H2:
ROMAR – res
EMA- sup
PSAR – res Check List: Last EMA Alert Arrow – DOWN
Last MACD 0 crossing – DOWN
Last DB with SAR Attachment – UP (125.086) – 2 Diver
Fibo- red Notes:. Consolidation. Riders pointing down.
H4: ROMAR - res EMA – sup
PSAR - sup
Check List: Last DB Attachment – UP (125.086) – 1 Diver
Fibo - green Notes:. Consolidation. Riders pointing up.
Daily:
ROMAR –res
EMA - res
PSAR - res
Check List: Last EMA Alert Arrow – DOWN
Last MACD 0 crossing - DOWN Last DB Attachment – DOWN (124.079) Fibo - red Notes: Downtrend. Riders pointing down. There is a place to the level of 100 fibo
Final Notes for all charts: Consolidation. The main trend of the romar / EMA on all charts down to search for sales. H1 and H2 are synchronized.
Entry: Long: -
Short: next bar
Either I will find a way, or I will make one...
  • #16,039
  • Apr 30, 2019 1:15am Apr 30, 2019 1:15am
I write everything quickly ... we are leaving with my husband's parents. We have a weekend in the country. Mother-in-law has a birthday today. We will spend 4 hours on the way.
So, I entered shortly. The reasons:
synchronization of H1 and H2, coup parabolic H2, on H4 eliminated parabolic intersection of purple and white. On H2, the opening is below the EMA and below the 23.6 fib level
I will write an assessment and result on Thursday.
Have a good day everyone!
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Either I will find a way, or I will make one...
  • #16,040
  • Apr 30, 2019 3:41am Apr 30, 2019 3:41am
Quoting SuchParadox
{quote} Entry: Entered short for 40/40 on new h1 open candle in confluence with 4hm turned down, and purple/white holding resistance on h2 below Romar and in sync with daily downtrend. {image}
Evaluation: Took 40 from the market. Entered the beginning of a swing down heading towards white/purple on daily. This was a good trade because I followed my plan and didn't deviate. If I entered later I would be caught in the middle with h4 psar still holding as support.
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