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Attachments: The Paradox System
Exit Attachments

The Paradox System

Quoting birpinar
{quote} Yes and that flip is relative to 40 bars. and that is relative to Paradox and Dana only
Ok, you wore me out. I give up. you win.
"You got to know when to HOLD... Know when to FOLD um ... Kenny Rodgers
I need to sleep. It's 5.30 AM in İstanbul. Have a good trade friends.
There are no weapons that will form against my financial prosperity.
  • Post #5,763
  • Quote
  • Edited Mar 18, 2016 12:08am Mar 17, 2016 11:55pm | Edited Mar 18, 2016 12:08am
Hi all, I will short again next open candle If Purple cross White ,Smooth and EMA in H2, profit is 20 pips to ROMAR H2.

Re-write: I didn't short, wait next H2 candle at 4h00 GMT
Anybody's H2 Fibo turn red?
Quoting Paradox7
Anybody's H2 Fibo turn red?
No, Fibo H2 still green
Long entry, I waited this long entry in my trading plan. Maybe, I should wait a retrace. I'm not good at finding a good entry

Edit: Ok, I go long at 126.104 at fibo 61.8 in H2, profit is 20/40

Well, in a few minute, market go down and hit purple support, I hope that it will be strong support

In up swing, the retrace always look deeper.

I always wake up when everybody go to sleep. Boring!

Well, hit SL, the market is so crazy
Wow the market has no idea where it wants to go, goodness. Lol just look at all those EMA Arrows on H2, straight up abusing the system
Quoting ThanksDana
Long entry, I waited this long entry in my trading plan. Maybe, I should wait a retrace. I'm not good at finding a good entry Edit: Ok, I go long at 126.104 at fibo 61.8 in H2, profit is 20/40 Well, in a few minute, market go down and hit purple support, I hope that it will be strong support In up swing, the retrace always look deeper. I always wake up when everybody go to sleep. Boring!
I was so excited to see everything according to my daily plan. I made the plan and followed through.

Green lime arrow appeared before the MACD up arrow. So I pulled the trigger.

See now MACD and sell signal triggered. Anyway 15 pips from being stopped out.

Believe it will find support on 2h ROMAR and PSAR.

Time will tell.
Quoting Voelhok
{quote} I was so excited to see everything according to my daily plan. I made the plan and followed through. Green lime arrow appeared before the MACD up arrow. So I pulled the trigger. See now MACD and sell signal triggered. Anyway 15 pips from being stopped out. Believe it will find support on 2h ROMAR and PSAR. Time will tell.
LOL. Just realised my buy line is the strongest resistance.
Hallo all, I've been trading paradox profitably for 1 month on EURJPY. Gone back to Demo to practice as no opportunities, feel risk is to high. Why you feel to take risks?
Quoting Voelhok
{quote} LOL. Just realised my buy line is the strongest resistance.
I have a lesson: trade in tight consolidation only make me lose money. I need a difference view in tight consolidation market.

I thought I have a good entry, after that a crazy candle hit my SL.

I think this is the reason Monetary Policy Meeting Minutes
Quoting ThanksDana
Long entry, I waited this long entry in my trading plan. Maybe, I should wait a retrace. I'm not good at finding a good entry Edit: Ok, I go long at 126.104 at fibo 61.8 in H2, profit is 20/40 Well, in a few minute, market go down and hit purple support, I hope that it will be strong support In up swing, the retrace always look deeper. I always wake up when everybody go to sleep. Boring! Well, hit SL, the market is so crazy
Hi I also took the same trade long at the 6am open as per my plan very similar to your observations EMA GREEN BEFORE MACD Confirmation arrow up ,,,,and stop loss hit very quick, the market just reversed and that was that how could we know, I am trying to find why but cannot as of yet.

Daily plan 2016.03.18

(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
SMOOTH, EMA, PSAR are in an uptrend. PURPLE and WHITE are in a slider. PURPLE slightly crossed WHITE.

2H chart
LONDON OPEN PRICE – 125.61
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
Last DB Attachment - DB attached at the bottom at 125.315 and SAR attached at the bottom at 125.457
Fibo up or down – Fibo is down from the top
NOTES
PURPLE crossed WHITE, SMOOTH and EMA for downtrend. EMA is closed to ROMAR. ROMAR is almost a flat line and EMA is the same. So, that means market fluctuates up and down without clear direction.

1H chart
ROMAR – resistance
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 up from the bottom
NOTES
All 4 horsemen are in downtrend and slowly slide down. Market is near BB lower band.

Final Notes for all three charts:
News : 15.00 – Medium impact USD news - FOMC Member Dudley Speaks
16.00 – High impact USD news - Prelim UoM Consumer Sentiment
17.00 – Medium impact USD news - FOMC Member Rosengren Speaks
20.00 – Medium impact USD news - FOMC Member Bullard Speaks

Market is in tight consolidation. H2 PURPLE, WHITE, SMOOTH, EMA waves are small. Now on H2 market is making move down. On Daily there aren’t any support levels so, theoretically, if market moves down, it could fall quite freely.

Entry:
Consolidation:
Long: 1)
Short: 1) H2 PURPLE crosses ROMAR; 2) H2 market retraces back to PURPLE; 3) PSAR is negative

Notes for readjustments:
Here is my plan for today. 18/03/2016 08:30 GMT
London Market

Daily
ROMAR is resistance
EMA is support
PSAR is support

Check List
Last MACD 0 crossing was up
Last EMA alert arrow is red and yesterday
Last DB attachment was 6 days ago at 127.277 at the top of the candle
The Fibo is up and green

Notes
White has crossed purple so PSAR is eliminated. Market below EMA support.

2Hour Chart
London Open price is 125.613
ROMAR is support
EMA is resistance
PSAR is resistance
4 Horseman are just lined up for the down.

Check List
Last MACD 0 crossing was during the 06:00 candle and heading down.
Last EMA alert arrow is green up
Last SAR attachment is on the present 08:00 candle. It moved! it was on the 06:00 candle.
Fibo is up and green.

Notes
I'm a little confused by the SAR jumping a candle with no DB attachment. But the 10 minutes later I see the DB has attached and gone with it so I guess that is OK. There is gold divergence showing the end of the trend is coming.

1H Chart
ROMAR is resistance
EMA is resistance
PSAR is resistance

Check List
Last MACD 0 crossing was for the down
Last EMA alert arrow was red down
The Fibo is green up from the bottom

Notes
The 4 horseman are lined up for the down. The PSAR is above for the down trend.

News
10:00 medium Wages in euro zone (YoY) (Q4)
14:00 medium various USA news items.

Final Notes
The tight consolidation is being broken by a move down. Looking at the daily for support and resistance suggests it may test the support of the PSAR at 124.983. Currently very close this at recent SAR/DB at 125.256. There might be a bounce off daily PSAR.

Entry
Long: When a new SAR/DB is formed on 2H at daily PSAR value of 124.983, take the next opening candle entry for a retrace up to EMA.
Short: With down trend continuing on 2H, take an entry of Smooth resistance.

Notes for Readjustments
None at the moment


Any comments are welcome.
My Current Plan for this Time
Decided to go long at 125.506 40 stop 40 profit, lets see.
11:57am Stop to break even = 5
Attached File
File Type: docx Daily plan Friday 18 March.docx   13 KB | 303 downloads
Mr Dana, as I joined now, may I bring gratitude for system designed by you. joined as I saw learners taking too many risks I hope they are on demo. Many do not listen. Thank you for what you done and God bless.
Quoting Ezable
Mr Dana, as I joined now, may I bring gratitude for system designed by you. joined as I saw learners taking too many risks I hope they are on demo. Many do not listen. Thank you for what you done and God bless.
Hi Ezable,
Like what risks? If you could point them out, everybody could learn from them.
Quoting lightnight4
{quote} Hi Ezable, Like what risks? If you could point them out, everybody could learn from them.
Quoting Piprader
My Current Plan for this Time Decided to go long at 125.506 40 stop 40 profit, lets see. 11:57am Stop to break even = 5 {file}
Took profit 3pips early at 125:871.at the retrace 50% fibo, which is also very close to the 38 Daily fibo, guess you could say the way the market has been has affected my confidence somewhat i AM happy with my decision good profit..
Market just passed my take profit line L.O.L.
Quoting lightnight4
{quote} Hi Ezable, Like what risks? If you could point them out, everybody could learn from them.
The wonders of forum, you learn from others mistakes, and your own. Member thanksdana figured it out. Wait for market to do and you won't lose, don't force market it will make you lose.
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