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The Paradox System

  • #5,581
  • Mar 17, 2016 1:42am Mar 17, 2016 1:42am
Quoting ThanksDana
{quote} So If market was at purple, we shoud wait the next candle. But I see that market is at purple in almost retrace and we also have entry at that time I'm thinking about 1/ Daily below Purple/White, above Smooth 2/ SAR/DB is in 61.8 area in H2 3/ Market below Purple/White in H1 All are preventing us for long entry? Many things make me confuse.
Master had reminded us to watch the short opportunity, and to pull the trigger we should have balance and confluence. Remember that Dana said, unless H1 market open above purple, we can trade both ways. It indicate that we should watch the opportunity to short too.
  • #5,582
  • Mar 17, 2016 2:31am Mar 17, 2016 2:31am
iam short now actually
  • #5,583
  • Mar 17, 2016 2:36am Mar 17, 2016 2:36am
Quoting brath
iam short now actually
At what price?
  • #5,584
  • Mar 17, 2016 3:30am Mar 17, 2016 3:30am
[Quote = Brath; 8819572] iam short now actually [/ quote]

At this level of sales is very risky!
  • #5,585
  • Mar 17, 2016 3:43am Mar 17, 2016 3:43am

Daily plan 2016.03.17

(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 125.72. PURPLE with WHITE in a slider.

2H chart
LONDON OPEN PRICE – 125.83
ROMAR – support
EMA – support
PSAR – resistance
Check list
Last MACD 0 crossing - The crossing is down
Last EMA Alert Arrow – Red arrow down before the MACD crossing down
Last DB Attachment - Both DB/SAR attached at the bottom at 125.602 for continuance of the downtrend
Fibo up or down – Fibo is up from the bottom
NOTES
PURPLE crossed WHITE and SMOOTH for downtrend. PSAR flipped negative. Market has hit ROMAR support and stopped there for a while.

1H chart
ROMAR – support
EMA – resistance
PSAR – resistance
Check list
Last MACD 0 crossing - The crossing is down
Last EMA Alert Arrow - Red arrow down before the MACD crossing down
Fibo up or down – Fibo is down from the top
NOTES
All 4 horsemen are down. EMA has come close to ROMAR.

Final Notes for all three charts:
News : 11.00 – Low impact EUR news - Italian Trade Balance
12.00 – Medium impact EUR news - Final CPI y/y
14.30 – High impact USD news - Philly Fed Manufacturing Index, Unemployment Claims

Market has dropped from recent top to ROMAR support. It can go in slider before moving up or down. Now it looks like it could go up a little bit before continuing down.

Entry:
Consolidation:
Long: 1) H2 PSAR positive; 2) H2 candle opens above ROMAR;
Short: 1) H2 PURPLE crosses ROMAR; 2) H2 candle opens below ROMAR.

Notes for readjustments:
  • #5,586
  • Mar 17, 2016 3:54am Mar 17, 2016 3:54am
EUR/JPY -Daily Trading Plan
Date:17/3/16

Daily:
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing is - crossed up
Last EMA Alert Arrow - green arrow up
Last DB Attachment -DB/SAR and green divergence at top 127.272
Fibo up or down - green up from 0.0 , at 38.2

Notes: market at Ema support , and at 38.2 fib

2 HR:
OPEN PRICE 125.822- London opening
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing -crossing is down , white arrow on previous candle
Last EMA Alert Arrow - red arrow down
Last DB Attachment - DB/SAR attached at bottom bar at 125.596 ,
Fibo up or down- up from 0.0 , at 23.6

Notes: Market at Romar support , with market moving back up ,
indicators are catching up with market after last nights news releases.
Psar flipping from support to resistance
4 horsemen down .

1 HR:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing - crossing is down , after red arrow down
Last EMA Alert Arrow - red arrow down
Fibo up or down - fib down red from 0.0 at 61.8

Notes:
4 horsemen down , crossed Romar and Ema close to crossing Romar for reversal trend ,
from up to down , putting pressure on 2H for reversal.




Final Notes for all three charts:
Consolidating Market at 2H Romar support , and on Daily at Ema support .
On Daily market closing in on Romar with 85 pips spread between purple and romar .
I can not see a clear direction where the market is going , and will wait for news to pass before taking any position.



News ? : all day long medium and high impact news !!
CHF high impact news from 04.30 am
EUR news from 05.00 am
USD news from 08.00 am


Entry:

Consolidation: Not taking a position , market has to catch up and more news coming out !
Long:
Short:

Notes for readjustments:
  • #5,587
  • Mar 17, 2016 3:58am Mar 17, 2016 3:58am
Quoting birpinar
{quote} Teacher warned us for sure and I saw the warning and I knew Dana was trying to say something, What kind of a nonsense was it that I had thought that I could trade Dana's system better than Dana? Why did not I do what he tried to tell me to? What made me go my own way by going long while Dana was noticing the short side? It's my Ego friends. I am sorry but this is true. Bad news for me. I hope I can beat my ego.
That's why traders don't want to post their live trades. They're affraid of looking bad. And that is EGO. The same is with me. Noone wants to look bad. But with the market we should be humble.
  • #5,588
  • Mar 17, 2016 4:06am Mar 17, 2016 4:06am
Quoting bigijs
Entry: Consolidation: Long: 1) H2 PSAR positive; 2) H2 candle opens above ROMAR; Short: 1) H2 PURPLE crosses ROMAR; 2) H2 candle opens below ROMAR. Notes for readjustments:
Do you mean EMA crossing Purple? ROMAR crossing Purple has nothing to do with trend change as has been mentioned before
  • #5,589
  • Edited 4:35am Mar 17, 2016 4:15am | Edited 4:35am
3/17/2016
Daily:
ROMAR - Resistance
EMA - Support
PSAR - Support
Check list
Last MACD 0 crossing - up
Last EMA Alert Arrow - Lime Green up
Last DB Attachment - DB/SAR attached at top 127.282
Fibo - Fibo is green up from the bottom.
Notes: The 4 horsemen are aligned for upswing, heading to ROMAR
2 HR: In consolidation with itself (smooth crossed purple)
OPEN PRICE Opened at 126.31
ROMAR - Support
EMA - Resistance
PSAR - Resistance Flipping up and down
Check List:
Last MACD 0 crossing - down
Last EMA Alert Arrow - Down
Last DB Attachment - DB/SAR attached on bottom at 126.603
Fibo - Fibo is green up from the bottom
Notes: 4 horsemen aligned for downswing

1 HR: In trend with itself (Ema crossed purple)
ROMAR - Support
EMA - Resistance
PSAR Resistance
Check List:
Last MACD 0 crossing - down
Last EMA Alert Arrow - Down.
Fibo - Fibo is down from the top.
Notes: 4 horsemen aligned down
1h/2h(up) is in consolidation with 1D (down)

Projected entry :
Consolidation : none
Long :
Short : if psar flips and price goes high enough
Hesiteting to enter there are too many supports/resitances close to each other, little movement
and breakout brewing on D1 (four hoursmen and ema are close), not sure well it will go
News:
Eur in one hour

edited; romar is support
  • #5,590
  • Mar 17, 2016 4:22am Mar 17, 2016 4:22am
Quoting Paradox7
{quote} Do you mean EMA crossing Purple? ROMAR crossing Purple has nothing to do with trend change as has been mentioned before
No, it does not change the trend. You're correct. It just indicates of a such thing that could possibly happen.
  • #5,591
  • Mar 17, 2016 4:24am Mar 17, 2016 4:24am
Quoting lightnight4
3/17/2016 Daily: ROMAR - Resistance EMA - Support PSAR - Support Check list Last MACD 0 crossing - up Last EMA Alert Arrow - Lime Green up Last DB Attachment - DB/SAR attached at top 127.282 Fibo - Fibo is green up from the bottom. Notes: The 4 horsemen are aligned for upswing, heading to ROMAR 2 HR: In consolidation with itself (smooth crossed purple) OPEN PRICE Opened at 126.31 ROMAR - Resistance EMA - Resistance PSAR - Resistance Flipping up and down Check List: Last MACD 0 crossing - down Last EMA Alert Arrow - Down Last DB Attachment - DB/SAR...
look at 2H , Romar and Ema
and on 1H , at Romar !
  • #5,592
  • Mar 17, 2016 4:25am Mar 17, 2016 4:25am
I go long from ROMA and against H2 trend hours ago. I'm not sure. I don't like this trade
I also go long from 10/3 for long term position with Daily. I will go this long with Daily trend. Long term trade make me comfortable and don't stress.
Attached Image (click to enlarge)
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  • #5,593
  • Mar 17, 2016 5:04am Mar 17, 2016 5:04am
I closed my long with 20 pips from Romar
  • #5,594
  • Mar 17, 2016 5:08am Mar 17, 2016 5:08am
I shorted from 126.106 at EMA/Purple H2 profit 20/40, go with trend H2
  • #5,595
  • Mar 17, 2016 5:16am Mar 17, 2016 5:16am
Quoting ThanksDana
I shorted from 126.106 at EMA/Purple H2 profit 20/40, go with trend H2
It looks like you're just jumping from trade to trade, which if I recall is against the rules. You have already lost a trade, call it a day, study more, and apply what you learned next time.
  • #5,596
  • Edited 5:44am Mar 17, 2016 5:33am | Edited 5:44am
Quoting bigijs
Daily plan 2016.03.17 (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 125.72. PURPLE with WHITE in a slider. 2H chart LONDON OPEN PRICE 125.83 ROMAR support EMA support PSAR resistance Check list Last MACD 0 crossing...
sir good afternoon
sir iam new in tading zone so one question your chart in daily db/sar 127.277 sir when sar atteched her then may be fibo flip or not [my confusion here which poit i take fibo meant colour of chart or price box lime green /magenta, becouse you say fibo up from bottam [but sir in my chart 122.064 lime green box price with gold and sky blue divergence fibo 100 to 0 and 127.277 magenta price box with green divergance with fibo can you explaine which poit i considered fibo sir don' mind i am new here
  • #5,597
  • Mar 17, 2016 6:03am Mar 17, 2016 6:03am
I sold @ 126.06 with SL 40 and TP 40
Reason:
1) H2 PSAR and MACD negative
2) H2 PURPLE crosses EMA, EMA becomes resistance
3) From entry price to H2 ROMAR is more than 20 pips distance
4) From entry price to Daily EMA is more than 20 pips distance
  • #5,598
  • Mar 17, 2016 6:03am Mar 17, 2016 6:03am
I know, it wasn't on my Daily plan.
  • #5,599
  • Mar 17, 2016 6:26am Mar 17, 2016 6:26am
Quoting bigijs
I sold @ 126.06 with SL 40 and TP 40 Reason: 1) H2 PSAR and MACD negative 2) H2 PURPLE crosses EMA, EMA becomes resistance 3) From entry price to H2 ROMAR is more than 20 pips distance 4) From entry price to Daily EMA is more than 20 pips distance
H2 PURPLE crosses EMA?
Is this a rule for entry?
  • #5,600
  • Mar 17, 2016 6:32am Mar 17, 2016 6:32am
Quoting lightnight4
{quote} H2 PURPLE crosses EMA? Is this a rule for entry?
PURPLE/EMA crossing changes EMA trend. That is a rule.
So, in this situation EMA trend changes from UP to DOWN and EMA becomes resistance.
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