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The paradox System 2023 (for beginners)

  • #21
  • Edited 5:01am May 5, 2023 2:31am | Edited 5:01am
Hello!
London opened a little while ago but the situation isn't much clearer than it was at the Sydney opening. In H1 we have very tight indicators because the market has moved very little in these hours. However now it seems all set for an upswing with Romar still resistence but now out of BB. In 2H we had smooth-white/purple cross but the price seems to hold under EMA resistance. If the next opening will be above Ema and in 4H we are above smooth I could try a Long because the next resistances in the charts would be quite far away. Now my doubt is this: my trigger is the opening above the 2h EMA but at that point the entry would be far from the supports. If I'm not mistaken we always enter at the new 2h candle but for logic to enter Long perhaps I would first wait for a "touch" to the horsemen. For the moment I will stay away from everything and observe

PS
As far as I understand now about SAR and DB, an attachment of the DB to the SAR would be a confirmation of this upward movement
  • #22
  • May 5, 2023 6:23am May 5, 2023 6:23am
Ok. It Looks like market won't move until Non-Farm Employment Change. I will back monday. Greetings
  • #23
  • May 5, 2023 12:23pm May 5, 2023 12:23pm
Quoting Danielesse87
Hello! London opened a little while ago but the situation isn't much clearer than it was at the Sydney opening. In H1 we have very tight indicators because the market has moved very little in these hours. However now it seems all set for an upswing with Romar still resistence but now out of BB. In 2H we had smooth-white/purple cross but the price seems to hold under EMA resistance. If the next opening will be above Ema and in 4H we are above smooth I could try a Long because the next resistances in the charts would be quite far away. Now my doubt...
Hello! I know I said I wouldn't be trading until Monday but just before I left for work (and after NFP) the conditions I was looking for in my plan met so I took a Long. Before exiting, the market had already moved 15 pips so my Stop (which was initially 40 pips) was moved to 20. The TP was just below the 4h EMA which was still resistance. I just come back to home and saw my gain of 29 pips!
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  • #24
  • May 5, 2023 12:30pm May 5, 2023 12:30pm
Quoting Danielesse87
{quote} Hello! I know I said I wouldn't be trading until Monday but just before I left for work (and after NFP) the conditions I was looking for in my plan met so I took a Long. Before exiting, the market had already moved 15 pips so my Stop (which was initially 40 pips) was moved to 20. The TP was just below the 4h EMA which was still resistance. I just come back to home and saw my gain of 29 pips! {image}
As for my doubt whether to enter after the opening above the EMA or whether to wait for a touch on the support, I followed the second solution, so I entered with the candle running after a touch on the white 2H
  • #25
  • May 8, 2023 1:41am May 8, 2023 1:41am
DAILY

ROMAR
UP
EMA
UP
PSAR
UP (ELIMANATED)
NOTE
WHITE/PURPLE CROSS

4H

ROMAR
UP
EMA
UP
PSAR
UP
NOTE
Green Arrow and Macd cross UP

2H

ROMAR
DOWN
EMA
UP
PSAR
UP
NOTE
Market stopped at Romar resistence for 5 hours

1H

ROMAR
UP
EMA
UP
PSAR
UP (eliminated)
NOTE
Whithe/purple cross

Final Notes
New market situation for me. I don't see a clear entrance to the London opening. The Ema/romar slider at 4h makes me think of a continuation of the uptrend but my trading chart is 2h where the Romar resistance is blocking the market. Nothing makes me think of a short right now.

Long: open candle above smooth 2H and open candle above EMA 1h
  • #26
  • May 8, 2023 6:24am May 8, 2023 6:24am
Quoting Danielesse87
DAILY ROMAR UP EMA UP PSAR UP (ELIMANATED) NOTE WHITE/PURPLE CROSS 4H ROMAR UP EMA UP PSAR UP NOTE Green Arrow and Macd cross UP 2H ROMAR DOWN EMA UP PSAR UP NOTE Market stopped at Romar resistence for 5 hours 1H ROMAR UP EMA UP PSAR UP (eliminated) NOTE Whithe/purple cross Final Notes New market situation for me. I don't see a clear entrance to the London opening. The Ema/romar slider at 4h makes me think of a continuation of the uptrend but my trading chart is 2h where the Romar resistance is blocking the market. Nothing makes me think of a short...
Unfortunately I have not been to the pc this morning to be able to trade. There were at least 2 good long trades for 40 pips
  • #27
  • May 9, 2023 2:53am May 9, 2023 2:53am
HI! I post my plan late. My trade has already been taken and went 40 pips in profit.
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Self evaluation:Honestly, my plan wasn't that great. Certainly many details have been overlooked. A short of resistance was simply the logical trade in that moment. I also had a plan and a short for the Asian session but I'm resting at that time.
  • #28
  • May 9, 2023 3:16am May 9, 2023 3:16am
Right now I'm on about page 400 of the original thread. I decided to finish reading. But I feel like I'll need to go back and re-read. I have saved the most relevant pages in my browser bookmarks which will surely help me out. I think my understanding is good on the main indicators (romar, ema, 4 horseman) but still poor on FIBO, DB/SAR and divergence. I think these can help me figure out when a turn is near or when a move still has strength. This is my main problem I think. For example today at the Sydney open I knew there would be 40 pips to the short but it's difficult for me to trade in that session. Most of the time I have to wait for the European session. In my plan for the European session I still had in mind to go short but I wasn't sure if the downtrend would last much longer. Still a lot to study and learn. I'm doing it myself and it's hard for me. But I have faith that I will succeed and that sooner or later someone can help me understand! Greetings
  • #29
  • May 9, 2023 1:10pm May 9, 2023 1:10pm
Quoting Danielesse87
Right now I'm on about page 400 of the original thread. I decided to finish reading. But I feel like I'll need to go back and re-read. I have saved the most relevant pages in my browser bookmarks which will surely help me out. I think my understanding is good on the main indicators (romar, ema, 4 horseman) but still poor on FIBO, DB/SAR and divergence. I think these can help me figure out when a turn is near or when a move still has strength. This is my main problem I think. For example today at the Sydney open I knew there would be 40 pips to the...
hey Daniellesse87 keep up the good work, I have also started to study the paradox system though I'm not advanced in terms of actually trading it like you but believe as Dove Alliance says it takes a long time to get it right but your onto a good start just by trying to trade the system. Have you seen post 17,257 on page 863 of the original thread? There is a pdf that consolidates a lot of the teachings into one.
  • #30
  • May 9, 2023 5:38pm May 9, 2023 5:38pm
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However it's time to rest for me so I will update my plan for the European session
  • #31
  • May 9, 2023 5:44pm May 9, 2023 5:44pm
Quoting Mojmus
{quote} hey Daniellesse87 keep up the good work, I have also started to study the paradox system though I'm not advanced in terms of actually trading it like you but believe as Dove Alliance says it takes a long time to get it right but your onto a good start just by trying to trade the system. Have you seen post 17,257 on page 863 of the original thread? There is a pdf that consolidates a lot of the teachings into one.
Hi Mojmus.
thanks for being here! I was starting to feel alone. I didn't read that post because I haven't gotten there yet. I read the first 200 pages 3 times and now I'm moving on. I'm on about page 400. Are you reading from the beginning? I highly recommend it because many useful information is not included in the pdf. When you reach at least page 200 I invite you, if you want, to publish your plans here so that we can discuss and learn together. I am sure that if there are more participants one day we will receive a visit from a paradox system expert (as has also happened before). Sorry for my very bad english. Greetings

EDIT: I actually saw those pdfs now. They are pdf shared during the first months of the thread. I know them and have read them. But as I wrote above, my advice is to read the thread and maybe create your own pdf with the information you think is important. In addition to Dove's posts, there are some from other traders such as Shinny, who are very important and explanatory
  • #32
  • May 10, 2023 1:14am May 10, 2023 1:14am
Quoting Danielesse87
{image} However it's time to rest for me so I will update my plan for the European session
Hi! The situation has changed a lot since the Sydney open. We now have 2h into a bullish swing with Romar holding resistance. I don't see any more short trades at the moment. And for a Long there is too little space between support and resistance. I might take a Long if there is a return to support but to meet the 40/40 rule there should be at least 40 pips away from Romar. A risk factor for the long is however due to the fact that on 4h we have all the resistance at the moment. And on the daily we have a resistance PSAR flip. We also have numerous news (albeit low impact) this morning. My conclusion is that I will stay put until I have a clearer idea of what is going on. Study time
  • #33
  • May 11, 2023 1:45am May 11, 2023 1:45am
I apologize if I post my plan late. In recent days I have seen that the Frankfurt opening worked better than the London one. I saw confluence in the 1h chart and pulled the trigger. My trade is already 40 pips in profit.
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  • #34
  • May 11, 2023 1:52am May 11, 2023 1:52am
Quoting Danielesse87
I apologize if I post my plan late. In recent days I have seen that the Frankfurt opening worked better than the London one. I saw confluence in the 1h chart and pulled the trigger. My trade is already 40 pips in profit. {image}
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Selfevaluation: I think it was a good trade. What gave me confidence is seeing the market at PASAR in 1h with 4 horseman in downtrend and confluence with the fibo level and EMA. There was some little doubt because of the white/purple cross in 2h but when I saw that the market was also purple in 4h I made up my mind.
  • #35
  • May 12, 2023 1:28am May 12, 2023 1:28am
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  • #36
  • Edited 3:37am May 12, 2023 3:27am | Edited 3:37am
I broke the rule and took a trade which was not in my plan but as the market moved higher with no chance of a long entry I started looking at resistance and where the market might stop before pulling back. We first had Romar 1H as resistance but that alone wasn't enough, so I looked at the other charts and saw that Romar 1h was almost exactly where Purple Daily was as well. These two things combined with the fact that both in 4h and 2h we still don't have a complete turn for the uptrend made me take the decision to enter short at exactly Romar 1h
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Result: +40 pips
SelfEvaluation: Bad trade because it wasn't in my plan, but a good trade for reading what was happening at that moment

P.s
If I hadn't made this trade I probably would have entered Long at PSAR 1h. But I made my trade for the day so now I'll watch what happens and continue the study.
  • #37
  • May 12, 2023 3:07pm May 12, 2023 3:07pm
Add the weekly to your analysis. Helps tremendously.
Life is too short to have anything but delusional notions about yourself.
  • #38
  • May 13, 2023 5:50am May 13, 2023 5:50am
Quoting hoss
Add the weekly to your analysis. Helps tremendously.
Hi Hoss, Thanks for your comment. I will, although I don't want to overcomplicate things now because I'm getting good results. If you like, share some of your operations, it would be much appreciated. Greetings
  • #39
  • May 14, 2023 4:37pm May 14, 2023 4:37pm
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Here is my plan for the Sydney opening. I don't know if I'll still be awake to follow it. If I am resting, I will update my plan for the European session
  • #40
  • May 15, 2023 1:44am May 15, 2023 1:44am
Quoting Danielesse87
{image} Here is my plan for the Sydney opening. I don't know if I'll still be awake to follow it. If I am resting, I will update my plan for the European session
Hi traders! Tonight I checked the charts 2 times but didn't find a good entry for the long. I was expecting a deeper retracement to go long but the market took off without doing so.
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