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The Paradox System

  • #5,261
  • Mar 15, 2016 1:17am Mar 15, 2016 1:17am
Quoting Contrax
{quote} Then you should to Read all The Thread First, before askin questions that are alreay there... (Hahah i dont know how many times i already post this answer.. i think im going to save it for just copy/paste)
I had read the thread. You should better read my post, I had asked for more instructions like post #5027
  • #5,262
  • Mar 15, 2016 1:25am Mar 15, 2016 1:25am
Thank you lightnight4 and cfudge for your posts about longterm trading, but I know what was said so far. I hoped for more details and examples.

Do you trade longterm and if yes, with success ?
  • #5,263
  • Mar 15, 2016 1:39am Mar 15, 2016 1:39am
Quoting Traffex
Thank you lightnight4 and cfudge for your posts about longterm trading, but I know what was said so far. I hoped for more details and examples. Do you trade longterm and if yes, with success ?
I think RCbarlow does. He has a good trade with the DB/SAR if i recall. perhaps he can fill you in.
*sorry to call out your name
  • #5,264
  • Mar 15, 2016 1:55am Mar 15, 2016 1:55am
Daily Plan for 15/3/16 @7am

Daily
Romar Resistance
Ema Support
Smooth, support

H2
Romar Support
Ema Resistance
Smooth Resistance

Has been a volatile night, with no real clear cut opportunities due to news flow. last arrow was red. Plus point we have Golden Divergence also on H1.

H1
Romar Resistance
Ema Resistance
Smooth Resistance

Notes, Purple has crossed Romar, the other 3 not to far behind. Last arrow was red.

Low impact news for the EUR @ 7.45am and 10 am

Trades
Short: A retrace is likely to cause the bullish purple, white and smooth to cross. If the price were to remain in this bracket for a while for the horsemen to catch up an opportunity may then arise.

Long: It appears the best chance of a trade would come in a long. will wait for purple, white and smooth to cross on H2 and may reference H1 for entry.

Any comments?
  • #5,265
  • Mar 15, 2016 2:17am Mar 15, 2016 2:17am
Quoting badlyspeltbo
Daily Plan for 15/3/16 @7am Daily Romar Resistance Ema Support Smooth, support H2 Romar Support Ema Resistance Smooth Resistance Has been a volatile night, with no real clear cut opportunities due to news flow. last arrow was red. Plus point we have Golden Divergence also on H1. H1 Romar Resistance Ema Resistance Smooth Resistance Notes, Purple has crossed Romar, the other 3 not to far behind. Last arrow was red. Low impact news for the EUR @ 7.45am and 10 am Trades Short: A retrace is likely to cause the bullish purple, white and smooth to cross....
First of all, Dana advised to write Daily plans for sessions - Asian, London or USD.
So, London opens in an hour.
Secondly, where are USD high impact news?
Thirdly, now we have a new type of Daily plan with a checklist included.
  • #5,266
  • Mar 15, 2016 3:41am Mar 15, 2016 3:41am

Daily plan 2016.03.15

(at 10.00 (GMT+2) - London opening)


Daily
ROMAR resistance
EMA support
PSAR support
Check list
Last MACD 0 crossing The crossing is up
Last EMA Alert Arrow Lime green up after the MACD crossing up
Last DB Attachment - Both DB/SAR attached on top at 127.277 for continuance of the uptrend
Fibo up or down - Fibo is up from the bottom
NOTES
4 horsemen are in uptrend. Market hit EMA support at 125.40

2H chart
LONDON OPEN PRICE 125.66
ROMAR support
EMA resistance
PSAR resistance
Check list
Last MACD 0 crossing - The crossing is down
Last EMA Alert Arrow Red down after the MACD crossing down
Last DB Attachment - Both DB/SAR attached at the bottom at 125.366 for continuance of the downtrend
Fibo up or down Fibo is down from the top
NOTES
All 4 horsemen are resistance and ROMAR is support. Market hit ROMAR and London candle opened above ROMAR. Both DB/SAR attached at the bottom of the previous candle. Yellow DIVERGENCE also attached at the bottom of the previous candle.

1H chart
ROMAR support
EMA resistance
PSAR resistance
Check list
Last MACD 0 crossing - The crossing is down
Last EMA Alert Arrow - Red down before the MACD crossing down
Fibo up or down Fibo is up from the bottom
NOTES
All 4 horsemen are down. EMA is at ROMAR for crossing down. Market hit lower BB band.

Final Notes for all three charts:
News : 12.00 Low impact EUR news - Employment Change q/q
14.30 High impact USD news - Core Retail Sales m/m, PPI m/m, Retail Sales m/m
Market is in consolidation and has stopped at the Daily EMA support. Market can turn at his point but now H2 trend is down. There is already YELLOW DIVERGENCE. But I need some additional signal up. Long is more preferable than short because market is in consolidation and it has already dropped down. Now it can go into slider as well.

Entry:
Consolidation:
Long: 1) H2 PURPLE crosses WHITE; 2) Candle opens above WHITE
Short: 1) H2 PURPLE crosses ROMAR; 2) Candle opens below ROMAR and SMOOTH

Notes for readjustments:
  • #5,267
  • Mar 15, 2016 4:44am Mar 15, 2016 4:44am
Hi guys,

I'll be out for a few days. See you on Friday.
Life is too short to have anything but delusional notions about yourself.
  • #5,268
  • Mar 15, 2016 5:27am Mar 15, 2016 5:27am
Quoting bigijs
Daily plan 2016.03.15 (at 10.00 (GMT+2) - London opening) Daily ROMAR resistance EMA support PSAR support Check list Last MACD 0 crossing The crossing is up Last EMA Alert Arrow Lime green up after the MACD crossing up Last DB Attachment - Both DB/SAR attached on top at 127.277 for continuance of the uptrend Fibo up or down - Fibo is up from the bottom NOTES 4 horsemen are in uptrend. Market hit EMA support at 125.40 2H chart LONDON OPEN PRICE 125.66 ROMAR support EMA resistance PSAR resistance Check list Last MACD 0 crossing - The crossing is down...
According to your plan, u will short with 2H purple crosses Romar. I wonder how u r planning this since we sit just on Daily EMA support.


Will it be a good trade? Any ideas?

Pleas Ignore the news releases for just evaluating the indicators,
There are no weapons that will form against my financial prosperity.
  • #5,269
  • Mar 15, 2016 6:01am Mar 15, 2016 6:01am
Quoting birpinar
{quote} According to your plan, u will short with 2H purple crosses Romar. I wonder how u r planning this since we sit just on Daily EMA support. Will it be a good trade? Any ideas? Pleas Ignore the news releases for just evaluating the indicators,
When market isn't moving it's never a good idea to open a trade.
So, now we can easily take a break for 3 hours.
  • #5,270
  • Edited 9:03am Mar 15, 2016 8:37am | Edited 9:03am
I know a lot of this has been stolen from Bigijs, but they do say imitation is the highest form of flattery

Daily plan 2016.03.15

(at 13:30 GMT- NEW YORK opening)


Daily
ROMAR resistance
EMA resistance/support
PSAR support
Check list
Last MACD 0 crossing The crossing is up
Last EMA Alert Arrow Lime green up after the MACD crossing up
Last DB Attachment - Both DB/SAR attached on top at 127.275
Fibo up or down - Fibo is up from the bottom and nearly hit the 50% fib
NOTES
EMA is below Romar for downtrend. Market is repeatedly hitting EMA

2H chart
LONDON OPEN PRICE 125.44
ROMAR resistance
EMA resistance
PSAR resistance
Check list
Last MACD 0 crossing - The crossing is down
Last EMA Alert Arrow Red down after the MACD crossing down
Last DB Attachment - Both DB/SAR attached at the bottom at 125.366 for continuance of the downtrend
Fibo up or down Fibo is up from the bottom
NOTES
Purple et al are in resistance as is romar. Currently has a Golden Divergence in play and also on H1

1H chart
ROMAR resistance
EMA resistance
PSAR resistance
Check list
Last MACD 0 crossing - The crossing is down
Last EMA Alert Arrow - Red down before the MACD crossing down
Fibo up or down Fibo is up from the bottom
NOTES
Last Candle opened between white and smooth.

Final Notes for all three charts:
Low impact news due at 2pmGMT, tentative high impact news from NZD later.

Entry:
Downward trend??? Depending on price in relation to daily EMA.
Short: 1) Open candle between Smooth and EMA on H1 and H2
Long: 1) If H2 Purple were to cross white and smooth EMA (price greater than 125.4) would then be support meaning consolidation therefore a long can be taken. Would get in with Green Arrow.

Notes for readjustments:

Please feel free to judge and comment

Edited to include long scenario, then again for clarity
  • #5,271
  • Mar 15, 2016 9:24am Mar 15, 2016 9:24am
Quoting badlyspeltbo
I know a lot of this has been stolen from Bigijs, but they do say imitation is the highest form of flattery Daily plan 2016.03.15 (at 13:30 GMT- NEW YORK opening) Daily ROMAR resistance EMA resistance/support PSAR support Check list Last MACD 0 crossing The crossing is up Last EMA Alert Arrow Lime green up after the MACD crossing up Last DB Attachment - Both DB/SAR attached on top at 127.275 Fibo up or down - Fibo is up from the bottom and nearly hit the 50% fib NOTES EMA is below Romar for downtrend. Market is repeatedly hitting EMA 2H chart LONDON...
You're wellcome
You have to delete DB/SAR from your H1 chart.
We take into account EUR, USD and JPY news.
  • #5,272
  • Mar 15, 2016 9:27am Mar 15, 2016 9:27am
We all do imitate our Teacher untill we will be able to do it independently.
  • #5,273
  • Mar 15, 2016 9:56am Mar 15, 2016 9:56am
With paradox, i feel like a turtle. I never go backwards but always go forward; very very slowly and determined. I don't care how speedy the rabbit is, I will be the one to pass the finish line first. No doubt; Good luck rabbits.
Thank you Dana.
Attached Image (click to enlarge)
Click to Enlarge Name: Rabbit-Turtle.jpg Size: 47 KB
There are no weapons that will form against my financial prosperity.
  • #5,274
  • Mar 15, 2016 10:00am Mar 15, 2016 10:00am
Are there anyone trade now? We don't have 40 pips today.

Importance news make market go low/lower, divergence and DB/SAR appear. I confuse to find a safe entry. I short at 125.420 as I see a retrace to resistance in H2
  • #5,275
  • Mar 15, 2016 10:27am Mar 15, 2016 10:27am
Last night I gave a couple comments about the Lime Green Arrow not locked in: Those comments were hints for you guys. And the reason was because I had already seen the hit of the SAR at the Parabolic. During the BOJ announcement it did exactly that; the SAR hit. Entry was on the next open 2 hour candle which also was an open candle below the Smooth Slider and Purple. But yet - no one pulled the trigger.

In my trading plan I had Smooth in a slider with EMA holding Resistance indicating a short. The entry was with 40 pips to ROMAR.
The Dove - Forex Trainer
  • #5,276
  • Mar 15, 2016 10:27am Mar 15, 2016 10:27am
Quoting birpinar
With paradox, i feel like a turtle. I never go backwards but always go forward; very very slowly and determined. I don't care how speedy the rabbit is, I will be the one to pass the finish line first. No doubt; Good luck rabbits. Thank you Dana. {image}
I agree!
  • #5,277
  • Mar 15, 2016 10:27am Mar 15, 2016 10:27am
Quoting ThanksDana
Are there anyone trade now? We don't have 40 pips today. Importance news make market go low/lower, divergence and DB/SAR appear. I confuse to find a safe entry. I short at 125.420 as I see a retrace to resistance in H2
I don't see safe entry as of yet.
  • #5,278
  • Mar 15, 2016 10:31am Mar 15, 2016 10:31am
Quoting dove_alliance
Last night I gave a couple comments about the Lime Green Arrow not locked in: Those comments were hints for you guys. And the reason was because I had already seen the hit of the SAR at the Parabolic. During the BOJ announcement it did exactly that; the SAR hit. Entry was on the next open 2 hour candle which also was an open candle below the Smooth Slider and Purple. But yet - no one pulled the trigger. In my trading plan I had Smooth in a slider with EMA holding Resistance indicating a short. The entry was with 40 pips to ROMAR.
OMG! I was watching that candle and couldn't decide to short or not to.
I missed that!
  • #5,279
  • Mar 15, 2016 10:41am Mar 15, 2016 10:41am
Quoting dove_alliance
Last night I gave a couple comments about the Lime Green Arrow not locked in: Those comments were hints for you guys. And the reason was because I had already seen the hit of the SAR at the Parabolic. During the BOJ announcement it did exactly that; the SAR hit. Entry was on the next open 2 hour candle which also was an open candle below the Smooth Slider and Purple. But yet - no one pulled the trigger. In my trading plan I had Smooth in a slider with EMA holding Resistance indicating a short. The entry was with 40 pips to ROMAR.

Quoting birpinar
Sar attached
I saw the sar just in time and mentioned as above. But i did not know what to do with it. study study study and much confusion comes before things get clear i think.
But Last night we all were thinking that because of the news releases we would not make any trade. that confused us either. We are real rookies.
There are no weapons that will form against my financial prosperity.
  • #5,280
  • Mar 15, 2016 10:41am Mar 15, 2016 10:41am
Any time you have an Interest Rate high impact announcement and then a high impact Press Conference later in the session. 99.9% of the time the Press Conference will do nothing because the Interest Rate announcement had already done the damage.
The Dove - Forex Trainer
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