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The Paradox System

  • #9,581
  • May 23, 2017 1:19pm May 23, 2017 1:19pm
german euro news 10 olock
DAILY:
romar up
ema up
purple up
support below white/smooth/ema/psar/romar

H2:
romar up
ema up
purple is going to be down crossing ema
romar support
everything else resistance, very close to psar

H1:

romar up
ema up
purple is down
romar support
everything else resistance
Entry waiting for news to pass until 10:30
Entered after news at 125.322 Targeting 20 pips until ema,
It did not make it just.. waiting it to make it
closed when almost made it...18 pips. it made 20 pips in 20 minutes after.

Attached Image (click to enlarge)
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  • #9,582
  • May 23, 2017 3:36pm May 23, 2017 3:36pm
Lightnight4,

This is a courtesy reminder of the rules, for participation.

1. You must first post your trade plan.

2. Post a screen shot of your entry on the H2 chart.

3. Upon trade completion post your self evaluation.

4. Let your trade run it's course, either TP +40 or SL 40.

This is for the benefit of yourself as well as everyone on this thread who is trying to learn the Paradox.

If you are trading live and afraid to loose, you should be trading on demo.

Chad
  • #9,583
  • May 23, 2017 3:48pm May 23, 2017 3:48pm
Wow this tight ranging still ongoing, waiting for a prop trader to make something happen. I take it nobody took an entry today on eur/jpy?
Never Give Up
  • #9,584
  • May 23, 2017 3:51pm May 23, 2017 3:51pm
Quoting Retrogue
Wow this tight ranging still ongoing, waiting for a prop trader to make something happen. I take it nobody took an entry today on eur/jpy?
I didn't at least, my trading plan required SAR for the long but it didn't attach so I sat over my hands while studying.
"Know thyself."
  • #9,585
  • Edited 5:08pm May 23, 2017 4:50pm | Edited 5:08pm
Quoting miau1
{quote} I didn't at least, my trading plan required SAR for the long but it didn't attach so I sat over my hands while studying.
Just been over the last 24 hours, trying not to over analyse but be in the moment at each bar opening looking at the Paradox story.

The new daily candle moved back down to support and opened at purple support on top of the slider. At that moment, the H2 had retraced to the parabolic support, although eliminated as support because of the white purple cross, but looked like it stayed in trend? Smooth still under the cross holding support in this moment along with EMA. The real interesting bit - We had DB on top earlier at the top of the fibo which had flipped for the down. However, no hidden divergence yet. On that retrace to the parabolic, the SAR didn't show its face indicating the DB with SAR behind would move to the higher high, bumping the fibo up. And a few bars later that happened, now showing the hidden divergence with the third attachment.

A trade long in the moment right on the edge of support? Added confluence was the H2 23.6 fibo in the moment on this retrace and H1 Romar less then 10 pips south of this retrace. Hopefully I have seen this correctly in the way in which the fibo can bump higher high and how divergence attaches
Never Give Up
  • #9,586
  • May 23, 2017 7:34pm May 23, 2017 7:34pm
Quoting Retrogue
{quote} Just been over the last 24 hours, trying not to over analyse but be in the moment at each bar opening looking at the Paradox story. The new daily candle moved back down to support and opened at purple support on top of the slider. At that moment, the H2 had retraced to the parabolic support, although eliminated as support because of the white purple cross, but looked like it stayed in trend? Smooth still under the cross holding support in this moment along with EMA. The real interesting bit - We had DB on top earlier at the top of the fibo...
Today dont have to analyse, market is in the midair(ranging but trend up), just wait it drop to floor and bounce or fly too high and fall by gravity 🤝 , 40:40 will always make sure we got tp before bad/weird thing happen same as yesterday... Lot of my friend lost a lot in usdjpy and eurjpy and I just took my 40 and watch the market run into crazy .
  • #9,587
  • May 24, 2017 8:00am May 24, 2017 8:00am
Quoting shinny
{quote} That wasn't the question that was asked though was it? Your about 5 hours too late regarding Merkel. I've been trading quite successfully for 12 years, but thanks for your "advice". Shaun
And this isn't either ---- Will this be the Ajax of 69 or 71?
  • #9,588
  • May 24, 2017 8:10am May 24, 2017 8:10am
Quoting global168
{quote} And this isn't either ---- Will this be the Ajax of 69 or 71?
Haha, I don't know, but I hope (but doubt) its the United of 99!!

Cheers
Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #9,589
  • May 24, 2017 8:11am May 24, 2017 8:11am
Quoting shinny
Hello Traders Here is my trade from today (EURJPY): 2hr Chart: {image} We had the SAR attachment at the 2hr ROMAR, with DB running seperately - next connection must be on top. Daily in a slider, so this was also trading into a breakout north. A no-brainer trade that filled the tp pretty quickly. Here is the print: {image} Hope that helps. Regards Shaun
Hi,
I have a question.

What about romar resistance ? did not that bother you?

L.
  • #9,590
  • May 24, 2017 8:19am May 24, 2017 8:19am
Quoting lightnight4
{quote} Hi, I have a question. What about romar resistance ? did not that bother you? L.
Hi there

ROMAR resistance? On the 2hr ROMAR was support. EMA was also Support.

Hope that helps.

Cheers

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #9,591
  • May 24, 2017 8:31am May 24, 2017 8:31am
Quoting shinny
{quote} Hi there ROMAR resistance? On the 2hr ROMAR was support. EMA was also Support. Hope that helps. Cheers Shaun
Where did you enter exactly? at what price?
  • #9,592
  • May 24, 2017 8:34am May 24, 2017 8:34am
Quoting lightnight4
{quote} Where did you enter exactly? at what price?
The bar with the arrow underneath - the close of that bar.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #9,593
  • May 24, 2017 8:37am May 24, 2017 8:37am
traders

green divergence on its own, time to get the snapshots for future. "amazing"
Stop killing our Oceans, Stop using single use plastics.
  • #9,594
  • May 24, 2017 8:49am May 24, 2017 8:49am
Quoting shinny
{quote} The bar with the arrow underneath - the close of that bar.
ok..What about psar was not that resistance?
  • #9,595
  • May 24, 2017 8:55am May 24, 2017 8:55am
Quoting lightnight4
{quote} ok..What about psar was not that resistance?
Not trying to sound rude at all, but you really need to study the basics again.
"Know thyself."
  • #9,596
  • May 24, 2017 9:04am May 24, 2017 9:04am
Quoting lightnight4
{quote} ok..What about psar was not that resistance?
Here, lets go through it to clear this up for you my friend:

Attached Image (click to enlarge)
Click to Enlarge Name: EJ 220517.jpg Size: 384 KB


Here we have the 2hr chart.

1) ROMAR is support. Why? Because of EMA not crossing ROMAR.
2) EMA is Support. Why? Because Purple has not crossed it.
3) PSAR is Support but is invalidated because of Consolidation.

Remember, Purple/EMA are what changes EMA as Support/Resistance, and EMA/ROMAR are what changes ROMAR as Support/Resistance.

If Smooth/Purple don't cross within 3 candles of White/Purple you will have an EMA Slider. In this case Smooth/Purple did cross, but there was no chance of Purple/EMA crossing because the market hit ROMAR Support with DB/SAR and Regular Divergence.

I'd suggest reading about how each indicator works, because they are all, and this system is, all about Support/Resistance. Knowing how each indicator becomes Support/Resistance and how to use them are the keys to the mint.

Hope that helps.

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #9,597
  • May 24, 2017 9:10am May 24, 2017 9:10am
Quoting miau1
{quote} Not trying to sound rude at all, but you really need to study the basics again.
agree
  • #9,598
  • Edited 9:33am May 24, 2017 9:22am | Edited 9:33am
Quoting shinny
{quote} Here, lets go through it to clear this up for you my friend: {image} Here we have the 2hr chart. 1) ROMAR is support. Why? Because of EMA not crossing ROMAR. 2) EMA is Support. Why? Because Purple has not crossed it. 3) PSAR is Support but is invalidated because of Consolidation. Remember, Purple/EMA are what changes EMA as Support/Resistance, and EMA/ROMAR are what changes ROMAR as Support/Resistance. If Smooth/Purple don't cross within 3 candles of White/Purple you will have an EMA Slider. In this case Smooth/Purple did cross, but there...
Yes , it helps a lot.
Thank for your patience and understanding. The problem was caused that support and resistance has different usage in trading.
Support Equals Resistance in the usual trading... That is why i thought onece the price went below psar.. that psar became resistance.

I did not expect the usage of these words to differ for Paradox System. Now I can see they do.
  • #9,599
  • May 24, 2017 9:24am May 24, 2017 9:24am
Quoting lightnight4
{quote} Yes , it helps a lot. Thank for your patience and understanding. The problem was caused that support and resistance has difference usage in trading. Support Equals Resistance in the usual trading... That is why i thought onece the price went below psar.. that psar became resistance. I did not expect the usage of these words differ for Paradox System. Now I can see they do.
Ok, no problem. Read through the first pages again (a lot) and you'll figure it out. This system is out of the box but is 100% about S/R.

Cheers
Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #9,600
  • May 24, 2017 9:56am May 24, 2017 9:56am
Quoting tullegate
MAY 23 TRADING PLAN AND ENTRY EURJPY DAILY ROMAR - Support EMA - Support PSAR - Support Notes: white, smooth and purple on a slider going up. ema has not crossed purple. SAR attached to the top, at 125.377 level. Red fib. BB bands are starting to get tight. 2H ROMAR - Support EMA - Support PSAR - Resistance Notes: White, smooth and purple on a slider. Ema has not crossed purple yet. However, DB and SAR attached at the 125.377 level, with hidden and standard divergence at the 0 (red) fib level. Parabolic flipped to resistance. MACD Pointing down....
This was a losing trade. Looking back, I think it was a dumb trade because the ROMAR was support on all 3 charts. So the long term trends were up and I shouldn't have traded against the trend. I can't believe I missed this important detail. I just thought since it was ranging, I could have got the 40, but I should have traded long only.
"Cast your burden upon the Lord and He will sustain you"
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