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The Paradox System

  • #16,841
  • Aug 4, 2020 10:01pm Aug 4, 2020 10:01pm
Quoting OliveBranch
{quote} Sure. "You must have 40 pips to romar resistance/support". Which you had. However in your review, nothing was said/identified in what was showing on the H4 chart.
Oh thanks so much for mentioning the H4, I must admit I forgot to check the H4 for my entry. Market hit PSAR with a SAR and turned back opened above EMA support, which is a no sign to go short, too risky.

Lesson learned. Have to check all the charts again to make sure I'm not trading against any major support/resistance.
  • #16,842
  • Aug 5, 2020 12:12am Aug 5, 2020 12:12am
Quoting eyesonme
EURJPY Date: 05/08/2020 News: 21:00 (GMT +7) ISM PMI (USD) Daily Market opened right above purple ROMAR - Support EMA - Support PSAR – Support Last MACD 0 crossing: Up Last EMA Alert Arrow: Up FIBO: down Notes: Daily is in full uptrend, Top at 125.195 4HR: ROMAR - Support EMA - Support PSAR – Support FIBO: down Notes: H4 in full uptrend and same with daily 2 HR: OPEN PRICE – 124.602 ROMAR - Support EMA - Resistance PSAR – Resistance (eliminated) Check List: Last MACD 0 crossing: down Last EMA Alert Arrow: Up Fibo up or down: down Notes: After hitting...
I go long as plan at open of this candle.
Rule for entry: Rules for uptrend
1. Romar and EMA must be in sync on all charts to go long - yes all supports in 4 charts
2. Looking at Romar and EMA uptrend on both H1 and H2 to enter a trade - Yes purple crossed EMA from below in H2
3. Trade are made from support
Also with DB/SAR attached below at H2 Romar, I expect market to move up further with a DB on top
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH20805.png Size: 80 KB
  • #16,843
  • Aug 5, 2020 5:25am Aug 5, 2020 5:25am
Quoting eyesonme
{quote} I go long as plan at open of this candle. Rule for entry: Rules for uptrend 1. Romar and EMA must be in sync on all charts to go long - yes all supports in 4 charts 2. Looking at Romar and EMA uptrend on both H1 and H2 to enter a trade - Yes purple crossed EMA from below in H2 3. Trade are made from support Also with DB/SAR attached below at H2 Romar, I expect market to move up further with a DB on top {image}
Result: TP +40 hit

The trade went out as planned. Market is back to the broader daily uptrend and brought out DB on top. The market is still going up after my TP hit
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH20805R.png Size: 83 KB
  • #16,844
  • Aug 5, 2020 6:41pm Aug 5, 2020 6:41pm
EURJPY Date: 06/08/2020

News: no red news

Daily
Market created new high. Opened above purple
ROMAR - Support
EMA - Support
PSAR – Support
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
FIBO: down
Notes: Daily is in full uptrend, Top at 125.502

4HR:
ROMAR - Support
EMA - Support
PSAR – Support
FIBO: down
Notes: H4 in full uptrend and same with daily

2 HR:
OPEN PRICE – 125.254
ROMAR - Support
EMA - Support
PSAR – Support
Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Fibo up or down: down
Notes: H2 in a strong uptrend and hit a new high

1 HR:
ROMAR - Support
EMA – Support
PSAR - Support (eliminated)
Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: Up
Fibo up or down: down
Notes: H1 purple crossed white and smooth down eliminated PSAR as support

Final Notes: D1 H2 and H4 showing full-blown uptrend but fibos are red in all charts with DB/SAR and both divergences on top. H1 starting to go down with all 4HMs tight together.

Entry:
Long: will looking to go long with a retrace to H2 PSAR with enough pips to the top

Short: will go short with a complete reversal with purple cross EMA down and PSAR flip in H2
  • #16,845
  • Edited 9:56pm Aug 5, 2020 8:46pm | Edited 9:56pm
Currency: EUR/JPY Date: 06/08/2020
Daily:
ROMAR - support
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: top 125.502
Last SAR Attachment: top 125.502
Fibonacci: red

Notes: Daily in full uptrend with red fibo and DB/SAR attached up top and both divergence.

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

Check List:
Last DB Attachment: top 125.502
Last SAR Attachment: top 125.502
Fibonacci: red

Notes: H4 is in a full uptrend with red fibo and DB/SAR attached up top and both divergence.


2 HR:
OPEN PRICE – 125.253
ROMAR - support
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: top 125.502
Last SAR Attachment: top 125.502
Fibonacci: red

Notes: H2 is in a full uptrend with purple and white crossing. DB/SAR attached up top with both divergence.

1 HR:
ROMAR - support
EMA - support
PSAR - support

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

Notes: H1 is in consolidation with the rest of the timeframes with the MacD down.

EUR, USD, JPY Market news: 10.30pm USD unemployment, non farm employment change and average hourly earning

Final Notes: Daily, H4 and H2 are in full uptrend and H2 has PxW and H1 has just had a slider with EMA for the up. All timeframes have red fibo that has been retested multiple times in the uptrend.

Market type: Uptrend consolidation, looking for a buy on H2 Psar with more than 40 to the top while watching out for a turn of market
Causa sui
  • #16,846
  • Aug 6, 2020 10:28am Aug 6, 2020 10:28am
Quoting eyesonme
EURJPY Date: 06/08/2020 News: no red news Daily Market created new high. Opened above purple ROMAR - Support EMA - Support PSAR – Support Last MACD 0 crossing: Up Last EMA Alert Arrow: Up FIBO: down Notes: Daily is in full uptrend, Top at 125.502 4HR: ROMAR - Support EMA - Support PSAR – Support FIBO: down Notes: H4 in full uptrend and same with daily 2 HR: OPEN PRICE – 125.254 ROMAR - Support EMA - Support PSAR – Support Check List: Last MACD 0 crossing: Up Last EMA Alert Arrow: Up Fibo up or down: down Notes: H2 in a strong uptrend and hit a new...
No entry for me today.

When purple crossed EMA down, H4 EMA and PSAR were still support. H1 Romar support and H4 PSAR were at the same point so I thought it is too risky to go short.
  • #16,847
  • Aug 6, 2020 1:10pm Aug 6, 2020 1:10pm
Quoting mexican301
Currency: EUR/JPY Date: 06/08/2020 Daily: ROMAR - support EMA - support PSAR - support Check List: Last MACD 0 crossing: up Last EMA Alert Arrow: up Last DB Attachment: top 125.502 Last SAR Attachment: top 125.502 Fibonacci: red Notes: Daily in full uptrend with red fibo and DB/SAR attached up top and both divergence. 4 HR: ROMAR - support EMA - support PSAR - support Check List: Last DB Attachment: top 125.502 Last SAR Attachment: top 125.502 Fibonacci: red Notes: H4 is in a full uptrend with red fibo and DB/SAR attached up top and both divergence....
I entered for the buy last night and forgot to hit post.

Entry: consolidation
Long: I have gone long at the H2 Psar flip and am expecting the H2 to move a max of 20pips against me then reverse up.

Notes for readjustments: Had H2 turn flip for the down with a DB/SAR and standard divergence. H4 SAR attached at Psar and H1 has hit ROMAR support.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy 6.8.2020.PNG Size: 78 KB
Causa sui
  • #16,848
  • Aug 7, 2020 12:51am Aug 7, 2020 12:51am
Quoting mexican301
{quote} I entered for the buy last night and forgot to hit post. Entry: consolidation Long: I have gone long at the H2 Psar flip and am expecting the H2 to move a max of 20pips against me then reverse up. Notes for readjustments: Had H2 turn flip for the down with a DB/SAR and standard divergence. H4 SAR attached at Psar and H1 has hit ROMAR support. {image}
TP +40 hit. Next time doing this trade with not much room for 40 I would try waiting for the H4 bar to close aswell to avoid the bigger dips that happen on occasion. This trade was only at risk of losing if H4 support did not hold.
Attached Image (click to enlarge)
Click to Enlarge Name: 7.8 tp hit eurjpy.PNG Size: 78 KB
Causa sui
  • #16,849
  • Aug 7, 2020 3:52am Aug 7, 2020 3:52am
Quoting mexican301
{quote} TP +40 hit. Next time doing this trade with not much room for 40 I would try waiting for the H4 bar to close aswell to avoid the bigger dips that happen on occasion. This trade was only at risk of losing if H4 support did not hold.{image}
Well Mexican, I took the same well known trade. If you had noticed, should you have waited for the H4 bar to close and enter on the new H4 bar, you would have had your stop loss either hit, or almost hit. That is some drawdown. However, the entry you took was, the right one by the looks of things. Perhaps we could have waited 4 hrs later than when we entered, but that is to my mind currently "thinking" too much and not "just entering" when the criteria for entry are met. We aren't supposed to think - only to enter when the Paradox says to.
Attached Image (click to enlarge)
Click to Enlarge Name: Live Entry.png Size: 11 KB
If you make up your own rules then the story is sad.....
  • #16,850
  • Aug 7, 2020 5:34am Aug 7, 2020 5:34am
I think i will keep entering according to the rules of this type of trade while watching to see how it behaves with the close on the H4 candle to see what works best. Its the most draw down I've had from this type of trade, it got 5pips away from my SL, Most likely from the market trying to turn
Attached Image (click to enlarge)
Click to Enlarge Name: profit.PNG Size: 2 KB

No trades or plans from me today everyone, i just wanted to sit back and relax . Have a good weekend

Regards,
Mexican
Causa sui
  • #16,851
  • Aug 18, 2020 12:28am Aug 18, 2020 12:28am
Hi everyone,
I'm having this issue with my demo account. Sometimes it gets frozen with no connection message.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 150 KB
Does anyone have the same issue?
  • #16,852
  • Aug 18, 2020 1:40am Aug 18, 2020 1:40am
Quoting sharoonas
Hi everyone, I'm having this issue with my demo account. Sometimes it gets frozen with no connection message.{image}Does anyone have the same issue?
Hello, I don't have that issue. Have you already tried "Rescan servers"?
  • #16,853
  • Aug 18, 2020 1:46am Aug 18, 2020 1:46am
Quoting ilpoj
{quote} Hello, I don't have that issue. Have you already tried "Rescan servers"?
No i didn't. How it can be done please?
  • #16,854
  • Aug 18, 2020 2:04am Aug 18, 2020 2:04am
Quoting sharoonas
{quote} No i didn't. How it can be done please?
Left click bottom right corner where it says "no connection". Then a pop-up menu appears.
  • #16,855
  • Aug 18, 2020 2:43am Aug 18, 2020 2:43am
Quoting ilpoj
{quote} Left click bottom right corner where it says "no connection". Then a pop-up menu appears.
Thank you. I will try that when this issue comes back again. Now my charts are runing fine (unfroze about an hour ago).
  • #16,856
  • Aug 31, 2020 9:24am Aug 31, 2020 9:24am
Hello! My computer just recently crashed so I've had to set up my charts all over again. Can anyone tell me if these are properly set up? Thank you
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  • #16,857
  • Aug 31, 2020 10:05am Aug 31, 2020 10:05am
Quoting maytheforce
Hello! My computer just recently crashed so I've had to set up my charts all over again. Can anyone tell me if these are properly set up? Thank you {image} {image} {image}
Your charts looks exactly like mine.
  • #16,858
  • Aug 31, 2020 2:02pm Aug 31, 2020 2:02pm
Quoting sharoonas
{quote} Your charts looks exactly like mine.
Thank you!
  • #16,859
  • Edited 6:27pm Sep 1, 2020 4:04pm | Edited 6:27pm
Currency: EUR/JPY Date: 02/09/2020
Daily:
ROMAR - support
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: up
Last DB Attachment: top 127.061
Last SAR Attachment: top 127.061
Fibonacci: red

Notes: Daily is in full uptrend with DB/Sar attached up top with daily Fibo 0 level been retested the last 3 days.

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

Check List:
Last DB Attachment: top 127.061
Last SAR Attachment: top 127.061
Fibonacci: red

Notes: H4 is in a full uptrend with red fibo and DB/Sar up top. Purple is crossing white and market is below the EMA and Psar has almost been touched

2 HR:
OPEN PRICE – (new day has not opened yet) previous day is 126.351
ROMAR - support
EMA - support
PSAR - support

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: bottom 126.125
Last SAR Attachment: bottom 126.125
Fibonacci: red

Notes: H2 is in consolidation with the higher timeframes. DB/SAR has attached on the bottom with standard divergence and we have an unconfirmed parabolic flip to resistance.

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

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

Notes: H1 in consolidation. 4 horsemen down

EUR, USD, JPY Market news:

ADP Non-Farm Employment Change 10.15pm USD

Final Notes: H1 and H2 are in consolidation with H4 and daily uptrend. Im looking for a buy against this Psar if it flips to resistance on H2. Only con is normally with this trade Daily purple or smooth is closer to the market and hasn’t been tested at resistance for 3 days.
Market type: Consolidation

Notes for readjustments: H2 parabolic has Flipped to resistance

Entry: Long:consolidation
Attached Image (click to enlarge)
Click to Enlarge Name: 02092020.PNG Size: 76 KB

Rules for trade: in consolidation we trade from support to resistance.
H2 is your trading chart.
Can trade both ways in consolidation.
rules for determining consolidation: If one of the 3 charts is not in sync you are in consolidation.
Causa sui
  • #16,860
  • Sep 2, 2020 4:12am Sep 2, 2020 4:12am
Quoting mexican301
Currency: EUR/JPY Date: 02/09/2020 Daily: ROMAR - support EMA - support PSAR - support Check List: Last MACD 0 crossing: down Last EMA Alert Arrow: up Last DB Attachment: top 127.061 Last SAR Attachment: top 127.061 Fibonacci: red Notes: Daily is in full uptrend with DB/Sar attached up top with daily Fibo 0 level been retested the last 3 days. 4 HR: ROMAR - support EMA - support PSAR - support Check List: Last DB Attachment: top 127.061 Last SAR Attachment: top 127.061 Fibonacci: red Notes: H4 is in a full uptrend with red fibo and DB/Sar up top....
-40 pips. this was not an anti-psar entry with the way H2 and H4 behaved. I believe i have figured out all the confluences to trade against the Parabolic with this particular entry only and am excited for the next entry to put my knowledge to the test
Causa sui
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