The Paradox System

No entry: Misread the scenario, was waiting for SAR to show up, but in a trending market we can use any 4 horsemen for an entry.

So what did you do well Lakers?

Hello OliveBranch, recognizing the current trend with support/resistance.

March 1st, EUR/JPY.
Session: New open bar
Red News:

Daily:
ROMAR: Support
EMA: Support
PSAR: Support
Checklist:
Last MACD 0 Cross: Up
Last EMA arrow: Up
Last DB attachment: 129.963
Last SAR attachment: 128.208
Fibo: Red/Down

Notes: The Daily is showing hit on upper BB resistance and then went to support with SAR showing on Smooth. 4 horsemen up.

H4:
ROMAR: Support
EMA: Resistance
PSAR: Resistance
Checklist:
Last DB attachment: 128.208
Last SAR attachment: Together with DB
Fibo: Red/Down

Notes: H4 is showing a down move toward Fibo red 61.8 support with DB/SAR Divergence showing, and the 4 horsemen is down. EMA is resistance, White Purple crossed.

H2:
ROMAR: Support/Resistance
EMA: Resistance
PSAR: Resistance
Checklist:
Last MACD 0 Cross: Down
Last EMA arrow: Down
Last DB attachment: 128.208
Last SAR attachment: Together with DB
Fibo: Green/Up

Notes: H2 showing hit on Romar with DB/SAR both Divergence, and the Fibo is green. Smooth White Purple crossed.

H1:
ROMAR: Resistance
EMA: Support
PSAR: Support
Checklist:
Last MACD 0 Cross: Up
Last EMA arrow: UP
Fibo: Green/Up

Notes: H1 Romar only Romar resistance. 4 horsemen up against Romar resistance.


Final Notes: The market is in consolidation, and showing a down move to H2 Romar after the Daily hit upper BB resistance. The Daily SAR showing hit on Smooth support. H2 H4 EMA is resistance, and H4 White Purple crossed up. H2 Romar is support/resistance. H1 Romar is resistance.

Projected long: Looking to go long if H2 shows a reversal and Romar shows sliding under EMA.

You stayed disciplined to your commitment to your plan - by keeping to your word & to your plan's projected entry.
Even a no entry day can be readily used as a lesson.
eg: what would have happened if you had of tried to guess a top and change your plan's projected entry mid session and go Short? A loss would have been the order of the day. Lessons to be had everywhere, on every plan.

Adjustment entry: Long. H2 DB/SAR standard hidden Divergence showing at the bottom of Fibo green "0" support, and H4 DB/SAR standard hidden Divergence showing on Romar support; next H2 H4 DB/SAR connection is to the top. Daily is up and showing SAR at the bottom.

Risk: H4 H2 is down.

Exactly my friend learning everyday, win or lose the trade, there is always something new to learn. And every day is a new Paradox lesson, and the variables/scenario are never the same.
Gotta stay positive because even in loss its a win-win.