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The Paradox System

  • #16,881
  • Edited 1:50pm Nov 23, 2020 12:49pm | Edited 1:50pm
TRADING PLAN
Date: Monday, November 23, 2020
Food for thought - Your best trades are with the Parabolic and ROMAR syncs within both the H1 and H2 charts. If you do not have a sync then you are in consolidation and wait for the sync. If you get the Daily Parabolic sync with the H1 and H2 then you be looking at some major pips.
When either Green or Gold divergence attaches without regular divergence, this calls for an automatic reversal.

London
1 HR
ROMAR - trend is down
EMA - swing is up
PSAR - up

Check List:
Last EMA Alert Arrow : Up
Last MACD 0 crossing: Up
Ma crossover: up
Fibo: Green
Fibo Contour: Wedge
23.6 and 61.8 S/R: 23.6 as suport
Bollinger:

Notes: Romar trend is down. Ema swing is up. Horsemen are up. Fibo up 23.6 as support. H1 is in consolidated uptrend.

London
Trend Chart/ Powerhouse of the Whole System/ Profit is only at the parabolic for 40 pips or less.
2 HR:
ROMAR - trend is down
EMA - swing is up
PSAR - up

Check List:
Last EMA Alert Arrow :Up
Last MACD 0 crossing: Up
Last DB/SAR Attachment:
Tag Price:
Fibo: Green
Fibo Contour: Wedge
23.6 and 61.8 S/R: 23.6 as support
Strong buys are above the MA 20 and Strong sales are below the MA 5 MA 20 MA 5 position: Frankfurt/London: Strong Buy
Bollinger: Both Bands are inside fibo
Balance: No
Weekly Pivot: Down
Monthly Pivot: Up. Support
Market open: above purple
Notes: Romar trend is down. Ema swing is up. Horsemen are up. Fibo up and green. H2 is in consolidated uptrend.

London
H4:
ROMAR - trend is down
EMA - swing is up
PSAR - Up

Check List:
Last EMA Alert Arrow : up
Last MACD 0 crossing : Up
Last DB/SAR Attachment: Sar up
Tag Price:
Fibo: Green
Fibo Contour: Support, broke out
23.6 and 61.8 S/R: 23.6 as support
Bollinger: Upper band is inside 50

Notes: Romar trend is down. Ema swing is up. parabolic and 23.6 as heavy support. Sar up. H4 is in consolidated uptrend.

Final Notes: As soon as I see the h1 h2 and h4 are sync for the up. There is no way this market is going down, with the H4 sar at the bottom creating HL with the Sar 23.6 and psar as confluence, the next attachment is on top. The H4 was my motivation for the trade.


Attached Image (click to enlarge)
Click to Enlarge Name: H1 entry nov 23.PNG Size: 65 KB

Attached Image (click to enlarge)
Click to Enlarge Name: h2 entry long november 23 h1 h4 sync.PNG Size: 105 KB
Attached Image (click to enlarge)
Click to Enlarge Name: h4 long nov 23.PNG Size: 92 KB
To reach that level of determination is a matter of the will.
  • #16,882
  • Edited 11:39am Dec 3, 2020 9:31am | Edited 11:39am
Been very busy lately. H2 db and sar were attached @ 0 wth both divergence. Entry was on H2 retracement below smooth missed 3 pips on original entry because was playing FPS game. h1 H2 H4 purple white were sync for the down with Daily purple ouf of balance.


H4
Attached Image (click to enlarge)
Click to Enlarge Name: H4 short Dec 3.PNG Size: 80 KB
H1
Attached Image (click to enlarge)
Click to Enlarge Name: Entry H1 December 3.PNG Size: 36 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Ej short dec 3.PNG Size: 82 KB
To reach that level of determination is a matter of the will.
  • #16,883
  • Dec 4, 2020 12:45am Dec 4, 2020 12:45am
Quoting TraderMarcos
Been very busy lately. H2 db and sar were attached @ 0 wth both divergence. Entry was on H2 retracement below smooth missed 3 pips on original entry because was playing FPS game. h1 H2 H4 purple white were sync for the down with Daily purple ouf of balance. H4{image}H1 {image} {image}
That is funny.
If you make up your own rules then the story is sad.....
  • #16,884
  • Dec 11, 2020 4:55am Dec 11, 2020 4:55am
Dec 8 trade

Frankfurt 1524
Trend Chart/ Powerhouse of the Whole System/ Profit is only at the parabolic for 40 pips or less.
2 HR:
ROMAR - trend is up
EMA - swing is down. Market above
PSAR - Eliminated

Check List:
Last EMA Alert Arrow : Up
Last MACD 0 crossing: Up
Last DB/SAR Attachment: Db and sar attached @ 0 fib with both divergences
Tag Price: Lime Green
Fibo: Green and up
Fibo Contour: Wedge
23.6 and 61.8 S/R: 23.6 as support
Strong buys are above the MA 20 and Strong sales are below the MA 5 MA 20 MA 5 position: Ma lines not correct
Bollinger: Upper band inside 100
Balance: ---

Weekly Pivot: Up
Monthly Pivot: Up. Support
Market open: above purple
Notes: Romar trend is up. Market above Ema swing down. White smooth purple are up. 23.6 as support. Green fibo up. Db and sar attached @ 0 fibo with both divergences. Next attachment is on top. H2 is up with consolidation.
Attached Image (click to enlarge)
Click to Enlarge Name: Ej Long December 8.PNG Size: 104 KB
To reach that level of determination is a matter of the will.
  • #16,885
  • Edited 9:43am Dec 11, 2020 4:59am | Edited 9:43am
I still have some trades that I forgot to screenshot and some more trades that I cannot post it all because Im busy. Lemme just work on it when I have time.

Im posting trades to help fellow traders until my saviour tells me otherwise. But I cannot be here all the time. Yes I do have trade today. I shorted the market and this one move pretty quickly for my 40. The motivation here was the H4 Upper bollinger band hit, as soon as I saw this I know the market will go down for my 40. H1 H2 H4 23.6 fib was all sync for resistance, oversold. And on the Daily we are pretty on top with both Db and sar attached @ 0 with both divergences for the down.

The original entry is suppose to be @ h2 white purple during asian session but I was sleeping at that time ( was suppose to put a sell limit but that was not trading in the moment but I know for a fact that it will retrace there and so the paradox was right). Second original entry was @ 23.6 fibo hit @ both h2 and H4 but I was out of my trading station. So as soon as I see a retracement on the H2 white smooth purple. I took a short with a 6 pips late of my original entry during frankfurt.

Regards,

Jan

H4 Motivation
Attached Image (click to enlarge)
Click to Enlarge Name: H4 motivation dec 11.PNG Size: 349 KB
H2
Attached Image (click to enlarge)
Click to Enlarge Name: H2 december 11.PNG Size: 95 KB
To reach that level of determination is a matter of the will.
  • #16,886
  • Dec 11, 2020 5:21am Dec 11, 2020 5:21am
Quoting TraderMarcos
Dec 8 trade Frankfurt 1524 Trend Chart/ Powerhouse of the Whole System/ Profit is only at the parabolic for 40 pips or less. 2 HR: ROMAR - trend is up EMA - swing is down. Market above PSAR - Eliminated Check List: Last EMA Alert Arrow : Up Last MACD 0 crossing: Up Last DB/SAR Attachment: Db and sar attached @ 0 fib with both divergences Tag Price: Lime Green Fibo: Green and up Fibo Contour: Wedge 23.6 and 61.8 S/R: 23.6 as support Strong buys are above the MA 20 and Strong sales are below the MA 5 MA 20 MA 5 position: Ma lines not correct Bollinger:...

Great range trade.
Thank you for sharing your knowledge

Best regards,
Hugo
  • #16,887
  • Dec 11, 2020 7:58am Dec 11, 2020 7:58am
Quoting TraderMarcos
I still have some trades that I forgot to screenshot and some more trades that I cannot post it all because Im busy. Lemme just work on it when I have time. Im posting trades to help fellow traders until my saviour tells me otherwise. But I cannot be here all the time. Yes I do have trade today. I shorted the market and this one move pretty quickly for my 40. The motivation here was the H4 Upper bollinger band hit, as soon as I saw this I know the market will go down for my 40. H1 H2 H4 23.6 fib was all sync for resistance, oversold. And on the...
Well Done Jan.

In case anyone is in doubt as to what Jan has said above... My trade entry today. I did not wait for the retracement Jan mentions happens as fact.
As you can see, the entry is slightly lower than the bar open, because of the spread the TP would be missed. If you are a commission trader, TP is hit.

I have been having issues with MT4 and therefore the MA are incorrect in the trying to rectify the issues currently being experienced.
The additional indicator is the Williams Percent Range and for those who have read the thread, you will know of the reasoning of such study.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2020-12-11 at 05.27.16.png Size: 114 KB
Click to Enlarge Name: Screen Shot 2020-12-11 at 05.27.03.png Size: 105 KB
If you make up your own rules then the story is sad.....
  • #16,888
  • Dec 11, 2020 8:28am Dec 11, 2020 8:28am
If someone would be kind enough to post their current H2 & H4 for reference to the above post's charts please with the correct MAs.
If you make up your own rules then the story is sad.....
  • #16,889
  • Dec 11, 2020 9:27pm Dec 11, 2020 9:27pm
Quoting OliveBranch
If someone would be kind enough to post their current H2 & H4 for reference to the above post's charts please with the correct MAs.
A bit late for a timely comparison of your posted charts but here are my H2 and H4 at the NY close today. I note some discrepancies with the price tags on TraderMarcos charts.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2 12.11.20.png Size: 57 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4 12.11.20.png Size: 49 KB
candy is dandy but liquor is quicker
  • #16,890
  • Dec 12, 2020 7:54am Dec 12, 2020 7:54am
Thank you Humlux. Much appreciated. Are your MAs from 1700hrs New York time (0000hrs bar) restarting of the MT4 time? Yours look like they were reset at the 0800 bar time?....or am I just making it up?

City Index.com.au & Forex.com tags are the same charts as you have shown. There might be a simple explanation regarding Jan's charts being different to ours in relation to the tags.

I just wanted to demonstrate what happens when you hesitate in a trade. As you can see the trade I shared, waiting too long after bar open can be an issue. In the trade shown, waiting an extra 3 x H2 bars or 6 hours during the USA session on a Friday before TP being well and truly hit, was not an ideal situation to be in. Had I entered at Bar open, no issues are of concern.

Generally, open bar presents itself as ideal to me as I have no wish to be tied to the charts minute to minute for an entire Session. I believe that would suck the life out of most traders soul's, elite or otherwise. Therefore I have around 110 minutes between each new bar to do something constructive until entry requirements are met during the session I trade during (basically there are 3 trading sessions to choose from, as I am sure most know = Asian/London/USA)

Trading is a business to me. Work. Income is a tool to live by, not an object to turn me into a slave. The same is applied to my time. I happen to enjoy simple. However, when a bar opens and you happen to miss it for whatever excuse we allow ourselves to be a sloppy trader or happen to stumble across during the day or realise what's going on after the fact, Jan's explanation does allow for entry at times. Patience. It is useful if you happen to work elsewhere simultaneously whilst your selected trading session is running. Just be prepared to let a trade go and forget about chasing a trade during these times.

The purpose of the entry I posted was to demonstrate the usefulness of study and the application of it, the effect of timeliness in time taken for TP to be hit, and also, that two traders were on similar wave lengths and in accordance with the application of the rules taught here. Rules applied with skill. & skill sets are something that can be learned regardless of how long it takes a trader to crawl before they walk.
If you make up your own rules then the story is sad.....
  • #16,891
  • Dec 22, 2020 8:58am Dec 22, 2020 8:58am
Happy holidays to everyone and I hope you all stay safe!
Causa sui
  • #16,892
  • Dec 22, 2020 5:36pm Dec 22, 2020 5:36pm
Merry Christmas to you Mexican and to your family and indeed to everyone here.
If you make up your own rules then the story is sad.....
  • #16,893
  • Dec 22, 2020 10:47pm Dec 22, 2020 10:47pm
Thank you Olie and Mexican.
Best wishes to all on the thread for this Festive Season and may the New Year be all we hope for.
  • #16,894
  • Dec 23, 2020 9:42pm Dec 23, 2020 9:42pm
Merry Christmas and Happy New Year to everyone!

Thanks again Dana for your time and generosity!
  • #16,895
  • Dec 30, 2020 6:02am Dec 30, 2020 6:02am
Giving thanks during the season.

Dana had said once that he trades a plan every trading day, time willing. There are trades still happening around this time of year as you can see.

Instead of doing a show & tell, I thought I might ask a question instead in the hopes that people who are following are being progressive in their learning.
Please note, charts shown are incorrect MAs. Despite this handicap/inaccuracy, the entry was able to be seen.

Feel fine to contribute. Why was this trade during the Asian, the one to take +40 from the market? As in; what are the rules applied in this entry?
Perhaps someone might like to share their final notes if they took the trade themselves or perhaps for others if they feel they know.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EJ H2 4hrs after reset - New York 1700 + 4hrs.PNG Size: 67 KB
Click to Enlarge Name: EJ H2 8hrs after entry - New York 1700 + 12hrs.PNG Size: 64 KB
Click to Enlarge Name: TP 40 Taken from the market.PNG Size: 4 KB
If you make up your own rules then the story is sad.....
  • #16,896
  • Dec 31, 2020 12:31am Dec 31, 2020 12:31am
Quoting OliveBranch
Why was this trade during the Asian, the one to take +40 from the market? As in; what are the rules applied in this entry? Perhaps someone might like to share their final notes if they took the trade themselves or perhaps for others if they feel they know. {image} {image} {image}
The market is in daily consolidation and a BB hit on the daily yesterday aswell for an entry. In consolidation you trade from resistance to support in this case and you used the sync of the H1 and 2 to enter at the highest point making sure there was room to ROMAR.

Todays entry is the H4 parabolic hit for the down if im correct or atleast that's where I would of liked to go if I was at my computer at the time of the hit
Causa sui
  • #16,897
  • Dec 31, 2020 4:37am Dec 31, 2020 4:37am
Thanks OB for 16895: Mkt bounced off PSAR whilst P slid under S, recent bounce off Daily BB?

Seasonal Greetings,

Maas
  • #16,898
  • Dec 31, 2020 9:15am Dec 31, 2020 9:15am
I haven't posted for awhile. But I'm always around.

I hope everyone is doing well.

1st Sar to Sar. really enjoy this entry 40 pips
2nd Sar to Sar on H4. do you guys ever notice how the H4 will follow the H2 sometimes with the same entry? pretty cool. I set my BE to early
3rd i entered short (not the best here) not enough pips to H2 Psar. (20pips) after the psar hit it retraced to smooth, 4th and thats where the best was (this happens alot Psar to sm)
5th had 20 pips to hid for BE but the Romars could still revere things. H4 bb


https://charts.mql5.com/27/276/eurjp...ital-group.png

Ps cant remember how to post screenshots? haha
  • #16,899
  • Jan 1, 2021 3:37am Jan 1, 2021 3:37am
Quoting The-Force
I haven't posted for awhile. But I'm always around. I hope everyone is doing well. ......... Ps cant remember how to post screenshots? haha
Like this... click on "Upload From Device"
here's your screenshot...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2021-01-01 at 19.35.49.png Size: 528 KB
Click to Enlarge Name: Screen Shot 2021-01-01 at 19.36.51.png Size: 50 KB
If you make up your own rules then the story is sad.....
  • #16,900
  • Jan 1, 2021 4:01am Jan 1, 2021 4:01am
Quoting mexican301
{quote} The market is in daily consolidation and a BB hit on the daily yesterday as well for an entry. In consolidation you trade from resistance to support in this case and you used the sync of the H1 and 2 to enter at the highest point making sure there was room to ROMAR. Todays entry is the H4 parabolic hit for the down if im correct or at least that's where I would of liked to go if I was at my computer at the time of the hit
The market is in daily consolidation and a BB hit on the daily yesterday as well for an entry. Full Uptrend against the Fibo which = Red = Consolidation
In consolidation you trade from resistance to support in this case and you used the sync of the H1 and 2 to enter at the highest point making sure there was room to ROMAR. Yes there was room to ROMAR. In what way are you seeing both charts were in sync?
If you make up your own rules then the story is sad.....
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Thunderli