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The paradox System 2023 (for beginners)

  • #461
  • Jun 8, 2023 8:16am Jun 8, 2023 8:16am
with an entry on 61.8 which was also smooth and 38.2 on 4h you would have taken your TP before the news. But I think you have the same problem as me, that is understanding which support or resistance to choose for the entry.
  • #462
  • Jun 8, 2023 8:26am Jun 8, 2023 8:26am
Quoting Danielesse87
with an entry on 61.8 which was also smooth and 38.2 on 4h you would have taken your TP before the news. But I think you have the same problem as me, that is understanding which support or resistance to choose for the entry.
Yes indeed you are right. I am off by a few pips which i am not concerned at the present time. The reason is at least we are leaning towards the right direction.
  • #463
  • Edited 5:37pm Jun 8, 2023 5:25pm | Edited 5:37pm
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  • #464
  • Jun 8, 2023 5:59pm Jun 8, 2023 5:59pm
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  • #465
  • Edited 8:32pm Jun 8, 2023 7:27pm | Edited 8:32pm
Quoting Danielesse87
{image}
D1 Notes: Open above smooth is of value / can be found discussed over and again in the thread.
H2 Notes: Purple never slides nor crosses anything, ROMAR slides and crosses everything. you're seeing an EMA slider, EMA sliding under Purple. Saying everything in the correct order will help you learn the rules easier / clearer. Just reverse the way you're thinking about it to highest SR indicator always crosses or slides the next lower SR indicator.
Short: you have "after new top". I think it's best you take that off for now, I highly doubt you know the "top". Would be a good time to dig out some rules that allow you to take the short. There is a specific combo rule that lets you take the short while eliminating risk.
  • #466
  • Jun 8, 2023 8:49pm Jun 8, 2023 8:49pm
Quoting SeriTrade
{image}
I miss because not at my computer when 2H SAR attach. Will keep watching, now 2H & 4H has normal/hidden divergence/DB/SAR.
  • #467
  • Jun 8, 2023 8:58pm Jun 8, 2023 8:58pm
I'm wondering if anyone saw the easter egg I put on my trading plan that I posted the other day, didn't see any comments but maybe someone saw it and dug into that in the thread and when trying to see the big picture.....
  • #468
  • Jun 8, 2023 9:06pm Jun 8, 2023 9:06pm
Someone try and answer which slider we are currently seeing on the Daily......
  • #469
  • Jun 8, 2023 9:12pm Jun 8, 2023 9:12pm
Quoting Lusky
Someone try and answer which slider we are currently seeing on the Daily......
EMA slide under smooth.
  • #470
  • Jun 8, 2023 9:13pm Jun 8, 2023 9:13pm
Quoting SeriTrade
{quote} EMA slide under smooth.
very nice!
  • #471
  • Jun 8, 2023 9:23pm Jun 8, 2023 9:23pm
Quoting Lusky
{quote} very nice!
Thank you. I see i miss this in my daily plan.
  • #472
  • Jun 8, 2023 10:07pm Jun 8, 2023 10:07pm
Quoting Lusky
I'm wondering if anyone saw the easter egg I put on my trading plan that I posted the other day, didn't see any comments but maybe someone saw it and dug into that in the thread and when trying to see the big picture.....
Quoting Lusky
{quote} yes, daily is uptrend consolidation, markets are consolidation 80% of the time. You have the Consolidation rule, your DB / SAR rules and tutorials, "smooth is a deadly weapon in consolidation", downtown central, etc
"smooth is a deadly weapon in consolidation", downtown central, etc
I am still studying this.
Thank you.
Edit: it's a lot of GOLD you and L1ghtning give here. A million thanks.
  • #473
  • Jun 8, 2023 10:11pm Jun 8, 2023 10:11pm
Quoting SeriTrade
{quote} {quote} "smooth is a deadly weapon in consolidation", downtown central, etc I am still studying this. Thank you. Edit: it's a lot of GOLD you and L1ghtning give here. A million thanks.
that's good stuff, but there is something else in my plan that possibly nobody noticed
  • #474
  • Jun 8, 2023 10:55pm Jun 8, 2023 10:55pm
Quoting Lusky
{quote} that's good stuff, but there is something else in my plan that possibly nobody noticed
Your trading plan dated 4th June.
https://www.forexfactory.com/thread/...14448485#reply

I try: H4 Romar running through downtown central.
  • #475
  • Jun 8, 2023 11:26pm Jun 8, 2023 11:26pm
Quoting SeriTrade
{quote} {quote} "smooth is a deadly weapon in consolidation", downtown central, etc I am still studying this. Thank you. Edit: it's a lot of GOLD you and L1ghtning give here. A million thanks.
Yeah smooth is great at predicting swings especially in consolidation.

Also appreciate all the guys helping out. Makes it a lot easier to learn when you get some live input.
  • #476
  • Jun 9, 2023 12:38am Jun 9, 2023 12:38am
Quoting Lusky
{quote} D1 Notes: Open above smooth is of value / can be found discussed over and again in the thread. H2 Notes: Purple never slides nor crosses anything, ROMAR slides and crosses everything. you're seeing an EMA slider, EMA sliding under Purple. Saying everything in the correct order will help you learn the rules easier / clearer. Just reverse the way you're thinking about it to highest SR indicator always crosses or slides the next lower SR indicator. Short: you have "after new top". I think it's best you take that off for now, I highly doubt...
Hi Lusky
Thank you very much for your help. You're right, it's not purple is sliding but Romar is sliding below Ema or Ema below the others.

As for the combo rules to go short without risk I think you are referring to BB+divergence on a top. Probably also aligned to daily resistance. Tell me if I'm right.
However, I was consistent with my plan and went short.

I had seen the Ema Slider in the Daily (smooth cross white but ema didn't cross purple at the same time). The same thing was happening in 2h. But honestly before going up I was expecting this in my head: DB attachment low in 2h and maybe SAR attachment in 4h. I think I paid too much attention to DB/SAR instead of looking at what was happening with the indicators.

Later I'll go look for your easter egg in your plans. Thanks again
  • #477
  • Jun 9, 2023 1:14am Jun 9, 2023 1:14am
We have upper BB hit and daily PSAR hit with both divergences on the top of the Fibo. If my understanding isn't completely wrong now we can go short
  • #478
  • Jun 9, 2023 1:58am Jun 9, 2023 1:58am
Quoting Danielesse87
We have upper BB hit and daily PSAR hit with both divergences on the top of the Fibo. If my understanding isn't completely wrong now we can go short
To go short, still need to wait for the turn.
  • #479
  • Jun 9, 2023 5:10am Jun 9, 2023 5:10am
Hi!

Can anyone tell what is excepted profitability for this system.
Are there any proven statistics like myfxbook's or another available?

Thanks!
SP
  • #480
  • Jun 9, 2023 5:21am Jun 9, 2023 5:21am
Quoting SuperPip
Hi! Can anyone tell what is excepted profitability for this system. Are there any proven statistics like myfxbook's or another available? Thanks! SP
Hi, no there are no stats available unless someone wants to show them to you but I don't think so. If you read the original thread you will see for yourself what traders who master this method are capable of.
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