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The paradox System 2023 (for beginners)

  • #341
  • Jun 4, 2023 5:49pm Jun 4, 2023 5:49pm
Quoting L1ghtning
{quote} I hope this helps you to see the visual differences Romar centre - its running right through Purple down low on your chart (forget its H4, just focus on the visual): {image} Romar centre - its running right through Purple at the top of the chart {image} Romar centre - its running right through Purple at the bottom of the chart {image} Romar not centre: {image} If Romar is center you are ok to enter - it will be broken If Romar is not centre, you need 40 pips for the gap. If your TP is past Romar not centre in certain scenario's, the market...
Ok now it makes sense. I just need to understand the visual differences now. When I understand this I will be able to determine whether (or not) I need the 40 pips spread to take my entry. Very kind Lightning.
  • #342
  • Jun 4, 2023 7:28pm Jun 4, 2023 7:28pm
Quoting L1ghtning
{quote} I hope this helps you to see the visual differences Romar centre - its running right through Purple down low on your chart (forget its H4, just focus on the visual): {image} Romar centre - its running right through Purple at the top of the chart {image} Romar centre - its running right through Purple at the bottom of the chart {image} Romar not centre: {image} If Romar is center you are ok to enter - it will be broken If Romar is not centre, you need 40 pips for the gap. If your TP is past Romar not centre in certain scenario's, the market...
I still don't understand.
1. Is "Romar down town central" same as "Romar centre"?
2. "Romar centre" : does it mean Romar is in the middle of Bollinger Bands?, regardless whether BB is flat or in an incline (either up or down).
  • #343
  • Jun 4, 2023 7:40pm Jun 4, 2023 7:40pm
Quoting Danielesse87
{quote} I believe lightning is not referring to USD news on Friday but USD news on Thursday when he wrote that. Ok so we clarified that on both 2h and 4h there was no 40 pips for Friday open. So to you, "running downtown central" means there is no 40 pips right? So why do you say that "romar will not hold resistance"? What is the relationship between the 2 things?
Yes you're correct, and his above posts shows he was referring to the previous Daily bar. I also stated in my Friday Daily plan that this was the long the day before, we are all on the same page now
  • #344
  • Jun 4, 2023 7:46pm Jun 4, 2023 7:46pm
Quoting SeriTrade
{quote} I still don't understand. 1. Is "Romar down town central" same as "Romar centre"? 2. "Romar centre" : does it mean Romar is in the middle of Bollinger Bands?, regardless whether BB is flat or in an incline (either up or down).
Means ROMAR is flat and is not gonna hold SR in the market condition / big picture at the time the rule qualifies. The back and forth between L1ghtning and I not agreeing on H4 then he agreeing with me, and still not us 2 not agreeing on H2 is more of a vague difference on depending when each of us were referring to before or after a Bar bumped off the chart, so anywhere from 2-4 hours apart in our discussing here could go either way, but it was coming with the fibo setup correctly the way Dana gave out the charts. I just woke up from a nap and I'm groggy so this post may or may not need some editing from me I will reread it later
  • #345
  • Jun 4, 2023 8:32pm Jun 4, 2023 8:32pm
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  • #346
  • Jun 4, 2023 9:08pm Jun 4, 2023 9:08pm
Quoting Lusky
{quote} Means ROMAR is flat and is not gonna hold SR in the market condition / big picture at the time the rule qualifies. The back and forth between L1ghtning and I not agreeing on H4 then he agreeing with me, and still not us 2 not agreeing on H2 is more of a vague difference on depending when each of us were referring to before or after a Bar bumped off the chart, so anywhere from 2-4 hours apart in our discussing here could go either way, but it was coming with the fibo setup correctly the way Dana gave out the charts. I just woke up from a...
Ok, so Romar is flat and regardless of its location (means at top BB, in middle BB or at bottom BB), Romar will not hold S/R.
  • #347
  • Jun 4, 2023 9:15pm Jun 4, 2023 9:15pm
Quoting SeriTrade
{quote} Ok, so Romar is flat and regardless of its location (means at top BB, in middle BB or at bottom BB), Romar will not hold S/R.
that is not what either of us are saying, you just added some stuff to it, like making up or guessing your own rules. Go dig the examples out of the thread and save them in a doc labeled correctly so you can easily access later.
  • #348
  • Jun 4, 2023 9:28pm Jun 4, 2023 9:28pm
Quoting Lusky
{quote} that is not what either of us are saying, you just added some stuff to it, like making up or guessing your own rules. Go dig the examples out of the thread and save them in a doc labeled correctly so you can easily access later.
My apology. My understanding is wrong. Will catalogue the examples and will search from original thread as well. Thanks.
  • #349
  • Jun 5, 2023 1:25am Jun 5, 2023 1:25am
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  • #350
  • Edited 3:04am Jun 5, 2023 1:40am | Edited 3:04am
Quoting Danielesse87
{image}
and here is my entry.
I entered late because I had to get away from the pc. It wasn't a good idea. The ideal point would have been the EMA hit.
Anyway, evaluations later.
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  • #351
  • Jun 5, 2023 2:25am Jun 5, 2023 2:25am
Quoting Danielesse87
{quote} and here is my entry. I entered late because I had to get away from the pc. It wasn't a good idea. The ideal point would have been the EMA hit. Anyway, evaluations later. {image}
Yes the entries were off the EMA which is what I had on my trading plan (uptrend EMA entries are common).

However, entering that late can be a concern because of the daily 4H and the FIBO on the 2hr. Although someone like L1ghtning is probably better qualified to judge the entry.

The daily EMA and purple are going to be interesting. Should play a big role in the upcoming days.
  • #352
  • Jun 5, 2023 2:35am Jun 5, 2023 2:35am
Quoting MustardJam
{quote} Yes the entries were off the EMA which is what I had on my trading plan (uptrend EMA entries are common). However, entering that late can be a concern because of the daily 4H and the FIBO on the 2hr. Although someone like L1ghtning is probably better qualified to judge the entry. The daily EMA and purple are going to be interesting. Should play a big role in the upcoming days.
I think you are right. on 4h the 61.8 is an obstacle and on 2h in about an hour and a half there will be a fibo flip. I would also add the 23.6 daily. Mine was not a smart move
  • #353
  • Jun 5, 2023 2:42am Jun 5, 2023 2:42am
By the way, take a look at the EMA on the 2HR and DAILY and their support levels today. Played a big role in my target for entry.
  • #354
  • Jun 5, 2023 2:44am Jun 5, 2023 2:44am
Quoting Danielesse87
{quote} I think you are right. on 4h the 61.8 is an obstacle and on 2h in about an hour and a half there will be a fibo flip. I would also add the 23.6 daily. Mine was not a smart move
Hmm my FIBO is currently red. You got 43 candles showing I believe so not sure if that’s the issue. Or if mine is incorrect
  • #355
  • Jun 5, 2023 2:49am Jun 5, 2023 2:49am
Quoting MustardJam
{quote} Hmm my FIBO is currently red. You got 43 candles showing I believe so not sure if that’s the issue. Or if mine is incorrect
you are still right. I have to put a note on my monitor that says "turn on auto scroll!!"
  • #356
  • Jun 5, 2023 2:51am Jun 5, 2023 2:51am
Quoting Danielesse87
{quote} you are still right. I have to put a note on my monitor that says "turn on auto scroll!!"
That's great to hear. The last thing we need is sorting out technical difficulties while learning the system haha.
  • #357
  • Jun 5, 2023 2:52am Jun 5, 2023 2:52am
Quoting MustardJam
{quote} Yes the entries were off the EMA which is what I had on my trading plan (uptrend EMA entries are common). However, entering that late can be a concern because of the daily 4H and the FIBO on the 2hr. Although someone like L1ghtning is probably better qualified to judge the entry. The daily EMA and purple are going to be interesting. Should play a big role in the upcoming days.
At the time 2H EMA hit, there is less than 40 pips to 4H 61.8, Daily 23.6
I calculated for 40 pips, it has to hit near 2H Romar. In this case I miss entry as it didn't come close to 2H Romar.
What am i missing?
  • #358
  • Jun 5, 2023 2:56am Jun 5, 2023 2:56am
Quoting MustardJam
{quote} Hmm my FIBO is currently red. You got 43 candles showing I believe so not sure if that’s the issue. Or if mine is incorrect
My 2H Fibo is red. Should it be green or red?
  • #359
  • Jun 5, 2023 3:00am Jun 5, 2023 3:00am
Quoting SeriTrade
{quote} My 2H Fibo is red. Should it be green or red?
I apologize for causing confusion. The fibo is red. I forgot to turn auto scroll back on

EDIT: I will edit the attached image from my previous post
  • #360
  • Jun 5, 2023 3:04am Jun 5, 2023 3:04am
Quoting Danielesse87
{quote} I apologize for causing confusion. The fibo is red. I forgot to turn auto scroll back on EDIT: I will edit the attached image from my previous post
Here is my 2H
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