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The paradox System 2023 (for beginners)

  • #221
  • Jun 1, 2023 3:17am Jun 1, 2023 3:17am
Quoting Danielesse87
{quote} I have already posted my evaluation. And I have to admit that despite hit TP I wasn't entirely sure it was a good entry for the reasons I wrote above.
Thats my mistake - I missed you already posted it. Good trade - retrace off H2 EMA, take the hit long off H1 4HM with the gap up to H4.

The market is at a decision point now. It could go either way - H4 could take it down, or support could hold and the H2 SAR goes higher high turning into a swing - the bigger picture. Daily could hold at the Parabolic and it would be used as support (eliminated but its still there) or if support doesn't hold it could go lower low with DB for a swing.

I hope everyone is joining the dots - how support and resistance works with the economic releases.
  • #222
  • Jun 1, 2023 3:55am Jun 1, 2023 3:55am
Quoting L1ghtning
{quote} Thats my mistake - I missed you already posted it. Good trade - retrace off H2 EMA, take the hit long off H1 4HM with the gap up to H4. The market is at a decision point now. It could go either way - H4 could take it down, or support could hold and the H2 SAR goes higher high turning into a swing - the bigger picture. Daily could hold at the Parabolic and it would be used as support (eliminated but its still there) or if support doesn't hold it could go lower low with DB for a swing. I hope everyone is joining the dots - how support and...
Thank you for your feedback Lightning.
  • #223
  • Jun 1, 2023 4:00am Jun 1, 2023 4:00am
What I'm trying to do these days is fully understand S/R. When I'm sure I understand this, I'll go deeper into the other elements of the system (DB/SAR, divergence/macd/arrows). Lusky was very kind in providing me his file with the explanation of the DB / SAR but I must admit that I still struggle because these indicators behave differently based on the market situation. So after S/R it will be time to get to the bottom of DB/SAR and understand variables
  • #224
  • Jun 1, 2023 4:12am Jun 1, 2023 4:12am
This is the Matrix, watch the cycle develop. H1 Romar - H2 SAR then what comes next - H4 Parabolic - then H2 is out of balance
  • #225
  • Jun 1, 2023 4:15am Jun 1, 2023 4:15am
Quoting L1ghtning
This is the Matrix, watch the cycle develop. H1 Romar - H2 SAR then what comes next - H4 Parabolic - then H2 is out of balance
Can you shed a little more light on this please?
  • #226
  • Jun 1, 2023 4:22am Jun 1, 2023 4:22am
Quoting Danielesse87
What I'm trying to do these days is fully understand S/R. When I'm sure I understand this, I'll go deeper into the other elements of the system (DB/SAR, divergence/macd/arrows). Lusky was very kind in providing me his file with the explanation of the DB / SAR but I must admit that I still struggle because these indicators behave differently based on the market situation. So after S/R it will be time to get to the bottom of DB/SAR and understand variables
In a downtrend swing, the SAR will retrace to resistance, then back into the downtrend, with the DB attaching to the lower lows until the swing has hit its final destination. Hint, look at your charts right now.
Reverse that for the uptrend.

Then the cycle will start again - hint look at your charts right now.

In ranging, the SAR is hidden behind the DB and the DB will go from high to low, low to high following the scenario the market is in.
  • #227
  • Edited 4:45am Jun 1, 2023 4:30am | Edited 4:45am
This is how the market works. The releases sit at certain points and can cause complete carnage sometimes. You trade around the releases and you will get 40 pips a day. Sometimes a release will flip the market on its head, sometimes not. We never know what the prop traders at the banks are going to do. So if your in this for the long term you play it safe. We still have the USD high impact's coming up to get through


Edit: 'We never know what the prop traders at the banks are going to do'. There are times that you can be sure which way the release will go, but that doesn't mean you can trade. NFP, rate releases things like that are absolute no go's. Just watch the market and pickup the pieces afterwards.
  • #228
  • Jun 1, 2023 4:53am Jun 1, 2023 4:53am
Quoting Danielesse87
{quote} Here is my entry {image}
Good job putting it together for this trade. It took me a minute just waking up to see what you actually did I was confused when I looked at the chart, then I realized you took a screenshot of the H1 not the H2

Get use to screenshot and entering off the H2 and applying the rules like in this case "Smooth is a deadly weapon for entries in consolidation"
  • #229
  • Jun 1, 2023 5:38am Jun 1, 2023 5:38am
Quoting L1ghtning
{quote} In a downtrend swing, the SAR will retrace to resistance, then back into the downtrend, with the DB attaching to the lower lows until the swing has hit its final destination. Hint, look at your charts right now. Reverse that for the uptrend. Then the cycle will start again - hint look at your charts right now. In ranging, the SAR is hidden behind the DB and the DB will go from high to low, low to high following the scenario the market is in.
I probably have some confusion that comes from some terms that are often used synonymously (or maybe not). Is ranging the same as consolidation? I've seen SAR break away from DB in a bearish swing and stick to the resistance at the top of a candlestick but then it doesn't come back to the downtrend and eventually DB sticks with it. That's what's confusing me at the moment. I will definitely have to go back to studying all of this and see the examples until I get it figured out.

EDIT:
and I should also go and review the exact meaning of some terms so as not to get confused
I often use the automatic translator and I know that this is not 100% reliable in translation. This is also confusing
  • #230
  • Jun 1, 2023 5:44am Jun 1, 2023 5:44am
Quoting Danielesse87
{quote} I probably have some confusion that comes from some terms that are often used synonymously (or maybe not). Is ranging the same as consolidation? I've seen SAR break away from DB in a bearish swing and stick to the resistance at the top of a candlestick but then it doesn't come back to the downtrend and eventually DB sticks with it. That's what's confusing me at the moment. I will definitely have to go back to studying all of this and see the examples until I get it figured out. EDIT: and I should also go and review the exact meaning of some...
All rangings are a type of consolidation, but not all consolidations are ranging if that makes sense. Anytime you get a purple crossing white on any chart, you are moving into consolidation.
Life is too short to have anything but delusional notions about yourself.
  • #231
  • Jun 1, 2023 6:00am Jun 1, 2023 6:00am
Quoting Lusky
{quote} Good job putting it together for this trade. It took me a minute just waking up to see what you actually did I was confused when I looked at the chart, then I realized you took a screenshot of the H1 not the H2 Get use to screenshot and entering off the H2 and applying the rules like in this case "Smooth is a deadly weapon for entries in consolidation"
My entry was definitely based on 2h but probably if I hadn't watched 1h I would have missed that trade and the reason is because in 2h I was seeing the market quite far from support. I think that is why SeriTrade missed the boat, as it was waiting for a retracement to 2h purple. I looked at 1h and the price was right on the support with Ema and the 4HM under purple. I pulled there the trigger
  • #232
  • Jun 1, 2023 6:02am Jun 1, 2023 6:02am
Quoting hoss
{quote} All rangings are a type of consolidation, but not all consolidations are ranging if that makes sense. Anytime you get a purple crossing white on any chart, you are moving into consolidation.
I will be thinking a lot about this next weekend. Thank you
  • #233
  • Jun 1, 2023 6:03am Jun 1, 2023 6:03am
Quoting Danielesse87
{quote} My entry was definitely based on 2h but probably if I hadn't watched 1h I would have missed that trade and the reason is because in 2h I was seeing the market quite far from support. I think that is why SeriTrade missed the boat, as it was waiting for a retracement to 2h purple. I looked at 1h and the price was right on the support with Ema and the 4HM under purple. I pulled them the trigger

Great time for both of you to dig out the rules / tutorials for H2 entry here, I gave a big hint on what to search for in my previous reply......you did enter on the correct H2 bar fwiw, now let's create a habit of using H2 and not the H1, you will notice Dana and Shaun continue to give out rules for visuals and entries on the H2 not the H1.
  • #234
  • Jun 1, 2023 6:09am Jun 1, 2023 6:09am
Quoting Lusky
{quote} Great time for both of you to dig out the rules / tutorials for H2 entry here, I gave a big hint on what to search for in my previous reply......you did enter on the correct H2 bar fwiw, now let's create a habit of using H2 and not the H1, you will notice Dana and Shaun continue to give out rules for visuals and entries on the H2 not the H1.
I certainly will Sir. Thank you very much for your support
  • #235
  • Jun 1, 2023 6:23am Jun 1, 2023 6:23am
Quoting Danielesse87
{quote} I will be thinking a lot about this next weekend. Thank you
You can have upward and downward consolidation without it necessarily ranging.
Life is too short to have anything but delusional notions about yourself.
  • #236
  • Jun 1, 2023 7:03am Jun 1, 2023 7:03am
Annoyingly the DB hasn't attached on H2 on EURJPY, but again you never assume with the market, just go with what's in front of you.

This is what I was trying to get at. this is how the market moves in swings. Mirror of EJ today, H1, Daily etc


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  • #237
  • Jun 1, 2023 7:07am Jun 1, 2023 7:07am
Quoting L1ghtning
This is the Matrix, watch the cycle develop. H1 Romar - H2 SAR then what comes next - H4 Parabolic - then H2 is out of balance
Retrace for balance
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USD high impact release in 10 minutes so everyone should be out of trades and just waiting to see what the banks do.
  • #238
  • Jun 1, 2023 8:39am Jun 1, 2023 8:39am
Quoting Danielesse87
{quote} My entry was definitely based on 2h but probably if I hadn't watched 1h I would have missed that trade and the reason is because in 2h I was seeing the market quite far from support. I think that is why SeriTrade missed the boat, as it was waiting for a retracement to 2h purple. I looked at 1h and the price was right on the support with Ema and the 4HM under purple. I pulled there the trigger
Yes, you are absolutely right. I was waiting for it to retrace to within 5 pips above purple and it never did. However i did say i would go Long at next 2H open candle which i did. Not sure whether it is a good or lucky 40 pips.
  • #239
  • Edited Jun 2, 2023 6:55am Jun 1, 2023 8:41am | Edited Jun 2, 2023 6:55am
Thanks to you guys for doing this. L1ghtning keep posting those nuggets.
  • #240
  • Jun 1, 2023 8:53am Jun 1, 2023 8:53am
Quoting hoss
{quote} All rangings are a type of consolidation, but not all consolidations are ranging if that makes sense. Anytime you get a purple crossing white on any chart, you are moving into consolidation.
This is where i get confuse. Consolidation versus ranging. Let me try if i understanding it correctly. Consolidation is market moving side way. Ranging is you can have uptrend and downtrend ranging. Example of uptrend ranging. Please correct me if this is wrong.
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