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The paradox System 2023 (for beginners)

  • #241
  • Jun 1, 2023 9:19am Jun 1, 2023 9:19am
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 give it a go.
Rules for consolidation.
1. You can trade either short or long in consolidation.
2. The 2 hour is your trading/trend chart.
3. Use the Daily Chart S/R as reference for consolidation.
4. Trade from resistance to support and vice-versa. Do not trade from center in consolidation.
5. The 2 hour ROMAR is the Major Support and Resistance for the whole system.
6. The 2 hour EMA is the secondary Support and Resistance for the whole system.
7. Never trade during a MAJOR (Red) economic release.
8. Clean up your trades 5 minutes before a major economic release.
All criricism are welcome and will make me a step forward.
Thanks guys.
  • #242
  • Jun 1, 2023 12:09pm Jun 1, 2023 12:09pm
This is ranging. DB's taking over with Romar through the middle of the bands.

Attached Image (click to enlarge)
Click to Enlarge Name: 2023-06-01_13-04-27.png Size: 38 KB
Life is too short to have anything but delusional notions about yourself.
  • #243
  • Jun 1, 2023 2:47pm Jun 1, 2023 2:47pm
Quoting Danielesse87
{quote} Here is my entry {image}
Very nice. I had a very similar entry.

One thing I will add reading your reasoning, it's all pretty good but the daily is important to note as well. Remember, it is a reference for support and resistance levels and it was at a major one. Not only did you have the PSAR (albeit eliminated) you also had the 38.2 of the FIBO. You can see how powerful the FIBO can be. It's bounced off it twice already pretty much to the dot.

This seems to be a big part of the confluence factor. It doesn't mean those levels won't be broken. However, with the 1 HR turned for the up, the 2 HR crossing of purple and white/smooth, AND the daily it made it a very good entry.
  • #244
  • Jun 1, 2023 2:59pm Jun 1, 2023 2:59pm
Quoting MustardJam
{quote} Very nice. I had a very similar entry. One thing I will add reading your reasoning, it's all pretty good but the daily is important to note as well. Remember, it is a reference for support and resistance levels and it was at a major one. Not only did you have the PSAR (albeit eliminated) you also had the 38.2 of the FIBO. You can see how powerful the FIBO can be. It's bounced off it twice already pretty much to the dot. This seems to be a big part of the confluence factor. It doesn't mean those levels won't be broken. However, with the 1...
I have to admit that the question of the eliminated PSAR is often confusing to me. Sounds like quantum physics LOL. The white/purple crossing eliminated it, but it's still there until it flips..and it won't flip until the Parabolic is at EMA for the Purple crossing
  • #245
  • Jun 1, 2023 3:11pm Jun 1, 2023 3:11pm
Now the banks have finished having their fun and the market has settled, whats next? Whats the H2 saying to you
  • #246
  • Jun 1, 2023 3:13pm Jun 1, 2023 3:13pm
Quoting Danielesse87
{quote} I have to admit that the question of the eliminated PSAR is often confusing to me. Sounds like quantum physics LOL. The white/purple crossing eliminated it, but it's still there until it flips..and it won't flip until the Parabolic is at EMA for the Purple crossing
As I understand it, the PSAR will continue to do its job (support/resistance) until Ema gets close to purple. So you're probably right, PSAR was also important in today's entry. Also (as far as I understand right now) the fibo flip on 2h was also important. After that flip the market went up and we had the cross of smooth/ white purple.
  • #247
  • Jun 1, 2023 3:18pm Jun 1, 2023 3:18pm
Quoting L1ghtning
Now the banks have finished having their fun and the market has settled, whats next? Whats the H2 saying to you
I'll try: The market fell and SAR attached at 148.684 without going beyond the "0" fib, EMA and 4HM are ready to go up and they will so we will get DB and SAR together
  • #248
  • Jun 1, 2023 3:19pm Jun 1, 2023 3:19pm
Quoting Danielesse87
{quote} I have to admit that the question of the eliminated PSAR is often confusing to me. Sounds like quantum physics LOL. The white/purple crossing eliminated it, but it's still there until it flips..and it won't flip until the Parabolic is at EMA for the Purple crossing
“Let's get a better understanding of what it means for the Parabolic to be eliminated. Once White crosses Purple with the parabolic opposite of the crossing; one of two things will happen in consolidation.

One: it will bounce off the Parabolic.
Two: The market will break the Parabolic with an open candle on the other side of the Parabolic.

If it bounces the Parabolic will stay in trend. If the market breaks the Parabolic the Parabolic will flip on the next 1 or 2 candles. That is what being eliminated means. You do not know what will happen with the Parabolic until it happens.”

Hopefully this post from Dana helps a bit
  • #249
  • Jun 1, 2023 3:22pm Jun 1, 2023 3:22pm
Quoting MustardJam
{quote} “Let's get a better understanding of what it means for the Parabolic to be eliminated. Once White crosses Purple with the parabolic opposite of the crossing; one of two things will happen in consolidation. One: it will bounce off the Parabolic. Two: The market will break the Parabolic with an open candle on the other side of the Parabolic. If it bounces the Parabolic will stay in trend. If the market breaks the Parabolic the Parabolic will flip on the next 1 or 2 candles. That is what being eliminated means. You do not know what will happen...
Thank's my friend
  • #250
  • Jun 1, 2023 3:27pm Jun 1, 2023 3:27pm
Quoting Danielesse87
{quote} As I understand it, the PSAR will continue to do its job (support/resistance) until Ema gets close to purple. So you're probably right, PSAR was also important in today's entry. Also (as far as I understand right now) the fibo flip on 2h was also important. After that flip the market went up and we had the cross of smooth/ white purple.
I haven’t had a chance to check the charts in a bit but the 2 HR ROMAR still is a concern being resistance. Looks pretty similar to I believe CADJPY yesterday which broke through. A slider is a possibility though.

I haven’t had a chance to make my trading plan yet and I don’t have the charts in front of me currently but the 4H likely will have to be strong to go long past ROMAR.
  • #251
  • Jun 1, 2023 3:37pm Jun 1, 2023 3:37pm
Quoting MustardJam
{quote} I haven’t had a chance to check the charts in a bit but the 2 HR ROMAR still is a concern being resistance. Looks pretty similar to I believe CADJPY yesterday which broke through. A slider is a possibility though. I haven’t had a chance to make my trading plan yet and I don’t have the charts in front of me currently but the 4H likely will have to be strong to go long past ROMAR.
You're right, I'm probably anticipating something that isn't in the charts yet but I wanted to give it a try. We are still in a tight consolidation between EMA and ROMAR in 2h. So it's probably time to wait and see what happens.
  • #252
  • Jun 1, 2023 4:55pm Jun 1, 2023 4:55pm
EJ H2 and H4 ROMARs are "running through downtown central"
  • #253
  • Jun 1, 2023 7:22pm Jun 1, 2023 7:22pm
Maybe too early but hit 61.8 on H2 is possible as swing up and 4 HM in correct order. H4 flipped but not set.
  • #254
  • Jun 1, 2023 8:11pm Jun 1, 2023 8:11pm
Quoting Lusky
EJ H2 and H4 ROMARs are "running through downtown central"
What are we to gather from your observation?
  • #255
  • Jun 1, 2023 9:09pm Jun 1, 2023 9:09pm
Quoting Baje
{quote} What are we to gather from your observation?
How far are you into the original thread's material?
  • #256
  • Edited 9:25pm Jun 1, 2023 9:11pm | Edited 9:25pm
Date: 2nd June 2023

Daily:
ROMAR - Support
EMA - Support
PSAR - Support
Last MACD 0 crossing - down.
Last EMA Alert Arrow - down before MACD, correct sequence
Last DB Attachment - SAR attached bottom at PSAR with price box.
Fibo up or down - Fibo down

Notes: Daily is making a turn with both White and Smooth cross Purple for down. Market open at 20 pips above PSAR 30 pips below EMA.

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - support
Last DB Attachment - Both DB/SAR attached bottom at 0.0, SAR breaks off and attach top
Fibo up or down - up

Notes: The 4 horsemen uptrend working against Romar and EMA resistance.

2 HR:
OPEN PRICE - open with 4 pips gap lower.
ROMAR - Resistance
EMA - support
PSAR - support
Last MACD 0 crossing - up.
Last EMA Alert Arrow - up after MACD
Last DB Attachment - SAR attached top with label.
Fibo up or down - up.

Notes: The 4 horsemen are uptrend with Romar resistance. Purple and white slide above Smooth with EMA and PSAR as support.

1 HR:
ROMAR - Resistance
EMA - support
PSAR - support
Last MACD 0 crossing - up
Last EMA Alert Arrow - up before MACD, correct sequence.
Fibo up or down - up

Notes: The 4 horsemen are up with romar as resistance, Purple and white slidebelow romar, but above Smooth with EMA and PSAR as support.


Entry:
Consolidation:
Long: once H2 purple white and smooth cross romar up, open above romar and wait for retrace to support for entry. Same candle in 1H should see romar cross EMA up, 4HM up.
Short: 2H purple cross white/smooth down open below smooth.

Notes for readjustments:
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  • #257
  • Jun 1, 2023 9:17pm Jun 1, 2023 9:17pm
Quoting Lusky
{quote} How far are you into the original thread's material?
I've read all of it. I believe you were alluding to Ranging with your observation.
  • #258
  • Edited 1:33am Jun 2, 2023 12:58am | Edited 1:33am
Hi! Today is a holiday here in Italy. I'll look at the thread and graphs from time to time. Greetings
  • #259
  • Jun 2, 2023 1:10am Jun 2, 2023 1:10am
Quoting SeriTrade
Date: 2nd June 2023 Daily: ROMAR - Support EMA - Support PSAR - Support Last MACD 0 crossing - down. Last EMA Alert Arrow - down before MACD, correct sequence ........ Entry: Consolidation: Long: once H2 purple white and smooth cross romar up, open above romar and wait for retrace to support for entry. Same candle in 1H should see romar cross EMA up, 4HM up. Short: 2H purple cross white/smooth down open below smooth. Notes for readjustments: {image}
Re-read Dana's post 374.
Quote On this scenario it is showing the change of trend from the down to the up with ROMAR. Notice ROMAR at the PURPLE WITH the 4 horsemen in the uptrend. The entry was with the open candle showing ROMAR at Purple. Unquote
  • #260
  • Jun 2, 2023 1:19am Jun 2, 2023 1:19am
Quoting SeriTrade
{quote} Re-read Dana's post 374. Quote On this scenario it is showing the change of trend from the down to the up with ROMAR. Notice ROMAR at the PURPLE WITH the 4 horsemen in the uptrend. The entry was with the open candle showing ROMAR at Purple. Unquote
It can also be ranging. Most probably around 5 hrs from now it will be painted out. But i am not at my computer at that time.
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