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The Paradox System

  • #1,521
  • Feb 4, 2016 7:35am Feb 4, 2016 7:35am
Quoting blarking94
Hey Nonibadsha, From your screenshot, you may have entered the trade late. You are correct that the chart shows an uptrend but you have joined in potentially at the top of this upwards swing. I believe the idea of this system is that you identify a trend and then wait for a retrace against the trend to some support / resistance before entering into a position in the direction of the original trend.
I took the trade based on the crossing of the white with purple and the fact that on the 1h the bottom of candle was just on top the PSAR
  • #1,522
  • Feb 4, 2016 7:45am Feb 4, 2016 7:45am
Quoting nonibadsha
Currently in this long.. Any comments guys? {image}
Yes I was long but also from a lot earlier than you, from the 1 hr chart for +40
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #1,523
  • Feb 4, 2016 7:47am Feb 4, 2016 7:47am
Quoting nonibadsha
I understand what you guys are saying. But, I'm trading in the moment and the market is telling me that it's in a up move, hence I am safe with the position I took. Dana or Shinny.. Is my logic right?
Yes, i took the trade earlier than you but there were several entries to join the party
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #1,524
  • Feb 4, 2016 7:49am Feb 4, 2016 7:49am
Quoting shinny
{quote} Yes I was long but also from a lot earlier than you, from the 1 hr chart for +40
hi shinny which candle did you use on the 1h when you took the long position?
  • #1,525
  • Feb 4, 2016 7:51am Feb 4, 2016 7:51am
My Current trading plan as of 13:43 GMT 4th of Feb

Daily
EMA is below ROMAR suggesting downtrend.
4 horsemen are in an upwards trend and purple / white have crossed ROMAR

2 Hour Chart
4 horsemen are in uptrend,
ROMAR is in uptrend

Hourly
ROMAR in uptrend
4 horsemen in uptrend but price is coming back down

My Plan is to buy long if the 1-hour and 2-hour charts continue to show an upwards trend and the price drops on the 2-hour to support EMA line, which is also the parabolic support on the 1-hour chart. (around 130.930 on my charts)

All Comments on plan are welcome
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-02-04 at 13.49.33.png Size: 75 KB
Click to Enlarge Name: Screen Shot 2016-02-04 at 13.49.58.png Size: 68 KB
  • #1,526
  • Feb 4, 2016 7:57am Feb 4, 2016 7:57am
Quoting tonybrou
{quote} hi shinny which candle did you use on the 1h when you took the long position?
Hello Tony

I entered on the first blue arrow close. PSAR flip, 4 horsemen lines up for trend. Look at the 2 hr and how it turns off the ROMAR, with the purple/white/smooth setting up to trend. You could of entered on the other arrow also. It isn't the best as I prefer the entry bar to be touching the ema, but even so.

Usually, these trades move a lot quicker upwards, but I haven't lost a single one of these types of trades yet. Thats trading in the moment, getting on the turn before the market even knows about it. They vary of course, this one had some drawdown, but I was never concerned becuase I was trading WITH the 2 hour trend.

Hope that helps.
Attached Image (click to enlarge)
Click to Enlarge Name: ej_4_2_16.png Size: 46 KB
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #1,527
  • Feb 4, 2016 8:03am Feb 4, 2016 8:03am
Shinny,

What do you think of my plan to go long? if price retraces to 2 hour EMA
  • #1,528
  • Feb 4, 2016 8:12am Feb 4, 2016 8:12am
Quoting blarking94
Shinny, What do you think of my plan to go long? if price retraces to 2 hour EMA
SAR has attached to bottom of current 1H bar, inviting us back in at 1&2 hour support levels to rejoin the trade to the long side. IMHO
  • #1,529
  • Feb 4, 2016 8:12am Feb 4, 2016 8:12am
Quoting blarking94
Shinny, What do you think of my plan to go long? if price retraces to 2 hour EMA
Hi there

Personally, I don't use the 2hr for longs, I use the 1hr as originally instructed by Dove.

Right now I am looking at the 1hr, to see what happens at the ema. if we got a positive candle out of the support, and the purple/white on 1hr & 2hr don't cross, I would go long.

Right now price is at the daily ROMAR, and below that we have smooth.

But we could also be looking at shorts if things turn as they are right now.

We will see what happens.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #1,530
  • Feb 4, 2016 8:16am Feb 4, 2016 8:16am
Quoting shinny
{quote} Hi there Personally, I don't use the 2hr for longs, I use the 1hr as originally instructed by Dove. Right now I am looking at the 1hr, to see what happens at the ema. if we got a positive candle out of the support, and the purple/white on 1hr & 2hr don't cross, I would go long. Right now price is at the daily ROMAR, and below that we have smooth. But we could also be looking at shorts if things turn as they are right now. We will see what happens.
Shinny, you are sooo patient.
  • #1,531
  • Feb 4, 2016 8:17am Feb 4, 2016 8:17am
Quoting GDayMates
{quote} Shinny, you are sooo patient.
Haha, you have to be, thanks
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #1,532
  • Feb 4, 2016 8:25am Feb 4, 2016 8:25am
​anyone noticed, that fibo on 1H has flipped?
  • #1,533
  • Feb 4, 2016 8:26am Feb 4, 2016 8:26am
Quoting shinny
{quote} Hello Tony I entered on the first blue arrow close. PSAR flip, 4 horsemen lines up for trend. Look at the 2 hr and how it turns off the ROMAR, with the purple/white/smooth setting up to trend. You could of entered on the other arrow also. It isn't the best as I prefer the entry bar to be touching the ema, but even so. Usually, these trades move a lot quicker upwards, but I haven't lost a single one of these types of trades yet. Thats trading in the moment, getting on the turn before the market even knows about it. They vary of course, this...
Good to know. Especially if it gets you a few more pips from the trade
  • #1,534
  • Feb 4, 2016 8:29am Feb 4, 2016 8:29am
Quoting Forex Lion
​anyone noticed, that fibo on 1H has flipped?



​this could happen every hour on the 1H screen, because the very left candle on the screen will be obsolute each hour
  • #1,535
  • Feb 4, 2016 8:31am Feb 4, 2016 8:31am
Quoting Forex Lion
​anyone noticed, that fibo on 1H has flipped?
it flipped a long while back
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #1,536
  • Feb 4, 2016 8:35am Feb 4, 2016 8:35am
Quoting shinny
{quote} Hello Tony I entered on the first blue arrow close. PSAR flip, 4 horsemen lines up for trend. Look at the 2 hr and how it turns off the ROMAR, with the purple/white/smooth setting up to trend. You could of entered on the other arrow also. It isn't the best as I prefer the entry bar to be touching the ema, but even so. Usually, these trades move a lot quicker upwards, but I haven't lost a single one of these types of trades yet. Thats trading in the moment, getting on the turn before the market even knows about it. They vary of course, this...
++++++++++++++++++++++++++++++++

I entered small at the same place. Will added @ 05, middle of H2 4H(4 Horsemen). SL 130.80, below H2 EMA & below H1 Romar & PSAR. Targeting 131.50, daily purple.
  • #1,537
  • Feb 4, 2016 8:37am Feb 4, 2016 8:37am
Quoting diamonddbw
{quote} ++++++++++++++++++++++++++++++++ I entered small at the same place. Will added @ 05, middle of H2 4H(4 Horsemen). SL 130.80, below H2 EMA & below H1 Romar & PSAR. Targeting 131.50, daily purple.
Great minds and all that.........
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #1,538
  • Feb 4, 2016 8:38am Feb 4, 2016 8:38am
Quoting shinny
{quote} it flipped a long while back

​no, the last hour
  • #1,539
  • Feb 4, 2016 8:39am Feb 4, 2016 8:39am
Quoting Forex Lion
{quote} ​no, the last hour
no, flipped on mine hours ago....
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #1,540
  • Feb 4, 2016 8:40am Feb 4, 2016 8:40am
Quoting blarking94
My Current trading plan as of 13:43 GMT 4th of Feb Daily EMA is below ROMAR suggesting downtrend. 4 horsemen are in an upwards trend and purple / white have crossed ROMAR 2 Hour Chart 4 horsemen are in uptrend, ROMAR is in uptrend Hourly ROMAR in uptrend 4 horsemen in uptrend but price is coming back down My Plan is to buy long if the 1-hour and 2-hour charts continue to show an upwards trend and the price drops on the 2-hour to support EMA line, which is also the parabolic support on the 1-hour chart. (around 130.930 on my charts) All Comments...
++++++++++++++++++++++++++++++++

Looks like you got your entry.
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