The paradox System 2023 (for beginners)

Hello traders and aspiring traders. I would very much like to learn the paradox system. I'm referring to the system shared here on FF by the Dove Alliance. Unfortunately not everyone is allowed to write on the original thread so I decided to try to open a new thread. The reason is that in order to learn the system it is important to compare your understanding with other people. This is what I would like to do here, in the hope that traders who are already successfully using this method can join the discussion. English is not my language so I apologize from now for my mistakes. If for any reason the author of the original thread disagrees with this new thread, it will be removed/closed immediately as I have great respect for him. I advise anyone to read at least the first 200 pages of the original thread before participating here. Also, I invite new participants to this discussion to use only the EUR/JPY pair in order to avoid confusion and to be all aligned. Thank you

I will try to share my trading plan right now. I hope someone will soon be interested in this discussion.
Daily
Romar: UP
EMA: UP
PSAR: UP
Notes: White crossed purple eliminating PSAR as support. Smooth is at purple for the crossing
2H
Romar: UP
EMA: UP
PSAR: UP
Notes: White crossed purple eliminating PSAR as support.
1H
Romar: UP
EMA: UP
PSAR: resistance
Note: Ema is at purple for the crossing.

We are in an uptrend with romar 3TF but we are in consolidation

Entry:
If 2H holds with the uptrend, Long when 1H ends the downswing with open candle above EMA or Smooth.
Short only if on 2H Romar crosses EMA and 1H is consistent for the downside

Good morning. Unfortunately I was sleeping. As planned, I would have entered at the open candle above Ema and Smooth.


I think now I would look for a Long from a support in 1H

I took a long near the 1H EMA which was also 23.6 fibo. I wasn't sure whether to wait for the candle to close but there was no sign of a cross and all indicators are good for the long. My TP is at 40 pips

My SL is now at B/E

Out at B/E
Rentry LOng at 1H PSAR that was 2H EMA too. TP 20 pips cause in 1H white is at purple for crossing

I closed this trade before USD red news with a loss. Time to analyze this operation and understand the errors. The good trade was the first one that I failed to take because I was sleeping. the second was closed in B/E, the third I probably should have avoided because in 1H I had white crossing purple for the downward swing. I'm going to work all day tomorrow so I won't be trading. I will only check the charts when the platform restarts at 5pm EST. if there will be an entry there according to the plan I will take it otherwise I will come back directly on Monday. Greetings

Stay off the 1 hour. Stay on the 2 and 4 hour.

Hello, thanks for your comment. I'm still reading the whole thread. After reading the first 200 pages 3 times now I'm moving on. I'm at about 300. I've seen some graphs with 4H in the last few posts but I still don't know how to use it. I put it in my charts today. P.S i took 20 pips on a short in the london session today.

I imagined that my target should have been the Romar 2H but the fact that on 1H we were at a bottom led me to close for 20 pips

Always wait for the 1 hour and 2 hour to line up together at the very least. But, 2 hour is your trading chart. You’ll see how the 4 hour complements the 2 once you see the same things occurring over and over. Just a matter of screen time.

Thanks for the advice. I'll try. It's not easy to do it yourself. I hope I'm not alone in here. For that I thank you. I'll be posting my plan soon, if you want to drop by and give me feedback I'll be happy but if you don't I'll still be grateful for your input.

It's about 7.30 here in Italy. Still an hour and a half before the London opening but I'll make my plan now.
Daily
Romar/EMA/Psar/4 horseman are all UP.
FIBO is red
Notes: Price is in 4horseman support area
H4 Roman UP
EMA/Psar/4 horseman are all Down
Notes: The Gold Divergence and LB attached to the bottom two candles before
H2
Romar UP EMA/Psar/4 horseman are all Down
Notes: the price is at the 4 horseman support. The Romar is still support even if it is close to the crossing with the EMA (it could still take 2/4 hours to tell us if it will be a crossing or a slider
H1 Romar Down
EMA Down
Psar Down (eliminated)
Notes: We have a White/Smooth/Purple cross. For now Ema is holding up as resistance
Entries:
Short- I expect a rebound on the EMA and a close below Smooth in 1H. Thus 1h and 2h should be coordinated to continue the downtrend.
Long- I will wait for signs of reversal in H2. Specifically a White/Purple cross and a close above the EMA with Romar remaining support.

Final Note: If Romar also becomes resistance over 2h, my Short will be safer and the objective may be Romar 4h or EMA daily. If 2h and 1h give signs of reversal instead it could be a continuation of the daily trend which is very strong at the moment

What I feared is happening right now. The price fell before the opening of the new 2H candle and it is almost at Romar 4h which would have been my Target for the short. I probably should have entered first seeing the success of Ema resistance on 1H

I thought that this movement could take place with the opening of London but the opening of Frankfurt was enough!

If at the close of these 2h there will still be at least 20 pips away from Romar 4H I will try a short shot

I had a stop with this. I think the mistake was entering so far from the resistance. The problem is, I thought getting into the EMA was early. I had a new short on the following retracement candle which touched the 1h EMA and closed below smooth. With this I was stopped at B/E. Now we have the Romar 4H support which is holding the price there probably waiting for the NEWS. But for today I'm done I'm just looking at the charts to study

You are in a difficult spot as a beginner right now to trade short with absolutely everything up on the daily. You would need a compelling reason in this consolidation to go short without experience. That will come with screen time. Demo trade a lot, and see why things happen when they do. It's the only way to learn it. This system is complex to a certain degree, and Dana is right when he says at least 6 months. But, yes, your comment about being far from resistance is correct. Never trade in the middle. You have be very patient waiting for the right times to enter with this, until you get very good. I recommend starting with one set up that suits your personality. Get good at it, then move on to the next if you like.

Yes, you are right, I expected some resistance to the downtrend due to the daily full Up. However We have 4H and 2H with good push to the downside. This would have paid me today, I "just" got the timing wrong to enter. I'll keep training and reading the original thread in hopes of finding someone willing to join. Thank you for your inputs are much appreciated

Study the SAR's. There was an entry short yesterday on the 2 hour. It will make sure you are getting in as close as you can to support and resistance.

yes I saw that retracement with SAR but only after the price came back down. Unfortunately, I can't spend all the time on the PC. However SAR AND DB are still something I don't quite understand.

I will not publish a complete plan as the current situation does not give me enough confidence on any type of operation. What I can do now is only guesses about what might happen later. Since it's around 1:30 in Italy, I'll go to sleep and see the situation at the opening of the European session. Right now in the Daily there is an early sign of consolidation with a white/purple cross… The price is on the deleted PSAR. In H4 Ema and 4horseman are resistance with Romar still Support. In H2 everything is resistance but if the market doesn't move much from here, in the next 2 hours we will have the white/purple cross for consolidation. In H1 we have Romar and Ema resistance, white and smooth have crossed purple and at this moment we have a Psar flip (to be confirmed). We also have an open above the EMA and green arrow confirmed. We also have MACD up arrow. H1 seems to push the market higher right now but I wouldn't go long until 2H also shows signs of swing change. Maybe later I could try a Long with a close above the 2h EMA and TP at Romar resistance. A Long could be supported by Romar 4H which is still support and the Daily which is still strong to the upside. For a Short instead I would wait for 1H and indications of a possible slider on 2H for the continuation of the bearish trend.

PS
In my plans there are still no references to SAR and divergences because I still don't fully understand them. continuing to study.