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The Paradox System

  • #9,901
  • Edited 6:13am Jun 12, 2017 1:27am | Edited 6:13am
Date: 12/06/17 EUR/JPY

Daily

Romar : support
Ema : resistance
PSAR : resistance
Chek list
Last MACD 0 crossing : the crossing is down
Last EMA Alert Arrow : red down
Last DB Attachment : SAR attach at the bottom 122.619
Fibo up or down : fibo down from the top , between 38.2/50
Notes :
- consolidation
- ROMAr inside BB
- 4 horsemen down

2HR

OPEN PRICE : 1232.554
Romar : resistance
Ema : support
PSAR : support
Chek list
Last MACD 0 crossing : the crossing is up
Last EMA Alert Arrow : Green up
Last DB Attachment : DB attach top at 123.849
Fibo up or down : Fibo is down from the top
Notes
- consolidation
- purple, smooth , whit downtrend. R/S is tight.
- open candel below the ROMAR, ROMAr is stron Resistent.

1H
Romar : support
Ema : support
Parabolic : resistance
Chek list
Last MACD 0 crossing : the crossing is down
Last EMA Alert Arrow : Green up
Last DB Attachment :
Fibo up or down : fibo is down
Notes
- consolidation
- purple/white corssed

Final Notes for all three charts:
- consolidation. ROMAR inside at H2 & daily
- Trade could be both way. But the gap in H2 for long entry to top BB is risky, For short entry is reasonable.

News : no news
Entry : consolidation
Long :
Short :
when the next 3 condition is confluence in H2. Entry at the moment,
- macd is down
- Purple/EMA crossed, PSAR flip
- H1 syn ,purple/smooth crossed, purplae/EMA crossed down.

adjustment.
- when the PSAR flip, in the H2 . meanwhile the DB attatch at 123.213 in the botom, should wait the retrace below the smooth to entry.
  • #9,902
  • Edited 1:48am Jun 12, 2017 1:32am | Edited 1:48am
Quoting jakdan
Date: 12/06/17 6.17 GMT...
I see you have the 1H and 2H fibos marked "Up" in your plan. My three fibo's are all red. Do you mean by "Up" that a close by fibo-level is acting as support-confluence, or are they green colored?

My charts fibos are all red, seen from each chart separately expanded full screen and with the correct candle-spread. (2H Fibo 100% is at 122.619. EUR/JPY). The 1H fibo was green 8 hours ago, so it has flipped.
  • #9,903
  • Jun 12, 2017 3:16am Jun 12, 2017 3:16am
Quoting ilpoj
{quote} I see you have the 1H and 2H fibos marked "Up" in your plan. My three fibo's are all red. Do you mean by "Up" that a close by fibo-level is acting as support-confluence, or are they green colored? My charts fibos are all red, seen from each chart separately expanded full screen and with the correct candle-spread. (2H Fibo 100% is at 122.619. EUR/JPY). The 1H fibo was green 8 hours ago, so it has flipped.
ilpoj

you are correct all red and down, thanks for pointing out, concentrating on writing notes and missed them

cheers ant
Stop killing our Oceans, Stop using single use plastics.
  • #9,904
  • Jun 12, 2017 3:40am Jun 12, 2017 3:40am
Quoting jakdan
{quote} ilpoj you are correct all red and down, thanks for pointing out, concentrating on writing notes and missed them cheers ant
Ok, cheers (:
  • #9,905
  • Jun 12, 2017 8:19am Jun 12, 2017 8:19am
eur/jpy date 11/06/2017 13:00h GMT

Daily Chart: Open 30 pips from EMA

Romar: support
Ema: resistance
Parabolic: resistance
Arrows: ema and macd down
Fibo: red
Db/Sar: Sar at the bottom, db at the bottom

Notes: After hitting lower Bollinger band market opens above Purple. 4 horsemans are aligned for down with no indication of weakness.

H2 chart:

Romar: resistance
Ema: resistance
Parabolic: resistance
Arrows: macd pointing down, EMA pointing down
fibo: red
db/sar: db + sar at the bottom

13:00h GMT Notes: Market opens below Purple White crossing and 4s for down. Prior rejection of Romar, Red Fibo and contracting BB. Clear short setup. DB+SAR attached at bottom, next SAR will be on top.

H1 chart:

Romar: resistance
Ema: resistance
Parabolic: resistance
Arrows: macd pointing down ema down
fibo: red
db/sar: db + sar at the bottom

13:00h GMT notes: after Romar striking midle of Market with consolidation, market ready to go down.

Final notes: After heavy consolidation Market bounced of off the H2 Romar and main daily resistance Daily Smooth.

LONG: -
SHORT: I will go short at H2 EMA
  • #9,906
  • Edited 9:40am Jun 12, 2017 9:24am | Edited 9:40am
Quoting bencent
Date: 12/06/17 EUR/JPY Daily Romar : support Ema : resistance PSAR : resistance Chek list Last MACD 0 crossing : the crossing is down Last EMA Alert Arrow : red down Last DB Attachment : SAR attach at the bottom 122.619 Fibo up or down : fibo down from the top , between 38.2/50 Notes : - consolidation - ROMAr inside BB - 4 horsemen down 2HR OPEN PRICE : 1232.554 Romar : resistance Ema : support PSAR : support Chek list Last MACD 0 crossing : the crossing is up Last EMA Alert Arrow : Green up Last DB Attachment : DB attach top at 123.849 Fibo up...
Self evaluation
I use tickmill.com and forex.com for demo , I entry at 123.452 when the PSAR flip and purple/ema crossed which i use tickmill demo account , but due to the auto stop ea that i've forgot to closed, which I just only have 18pips. and that I didn't make up the 40pips. And that is I didn't have stong confident. Now that I'm still waiting the 2nd entry when retrace to smooth.

Second, I find the Fibo 23.6 and Romar is a good entry for the resistent, but I just miss it in my plan.

Besides I dont make sure that the time setup for tickmill.com is correct or not, cause the bar and DB is a little bit different with forex.com
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYH2-06121.png Size: 38 KB
Click to Enlarge Name: EURJPYproH2.png Size: 86 KB
  • #9,907
  • Jun 12, 2017 11:59am Jun 12, 2017 11:59am
Quoting jakdan
Date: 12/06/17 6.17 GMT EUR/JPY Daily: Open below Smooth ROMAR - Support EMA - Resistance PSAR Resistance Check List: Last MACD 0 crossing: Down Last EMA Alert Arrow: Down Last DB Attachment: 125.903 High Fibo: Down Notes: The Daily has the 4 horsemen Turning down with an open just below smooth. SAR (RANGING) last High 125.298. Last at low 122.619 together with only Gold Divergence with a touch on the lower BB which is starting to open up but still ranging. MACD still on the low, ROMAR now above the BB. Market in balance. PSAR 60 from market. 2...
Self Evaluation: - 40 ROMAR WON THE BATTLE
H2 ROMAR = Daily Smooth! Another game of patience required. I wasn't, trying to jump the gun! should have waited 2 more hours for the correct entry.
the market is in Consolidation 1H, 2H Down, Daily Up but heading down. wrote it but took no notice!
should have waited for confirmation of the breakout.
more patience required!!!!!!!!!
Attached Image (click to enlarge)
Click to Enlarge Name: long off PSAR h2 tight.PNG Size: 80 KB
Stop killing our Oceans, Stop using single use plastics.
  • #9,908
  • Jun 12, 2017 1:01pm Jun 12, 2017 1:01pm
Quoting jakdan
{quote} Self Evaluation: - 40 ROMAR WON THE BATTLE H2 ROMAR = Daily Smooth! Another game of patience required. I wasn't, trying to jump the gun! should have waited 2 more hours for the correct entry. the market is in Consolidation 1H, 2H Down, Daily Up but heading down. wrote it but took no notice! should have waited for confirmation of the breakout. more patience required!!!!!!!!! {image}
What I am trying to understand is WHY would you trade AGAINST THE ROMAR TREND with your TP in the twilight zone above ROMAR?????? ROMAR is screaming at your DOWN, DOWN, DOWN. There was no battle there; only a nice trip going south with the DB and SAR.
The Dove - Forex Trainer
  • #9,909
  • Jun 12, 2017 1:03pm Jun 12, 2017 1:03pm
Quoting dove_alliance
{quote} What I am trying to understand is WHY would you trade AGAINST THE ROMAR TREND with your SL in the twilight zone above ROMAR?????? ROMAR is screaming at your DOWN, DOWN, DOWN. There was no battle there; only a nice trip going south with the DB and SAR.
Dana

when i look back i cant believe it myself. don't know what i was thinking.
Stop killing our Oceans, Stop using single use plastics.
  • #9,910
  • Jun 12, 2017 1:09pm Jun 12, 2017 1:09pm
Quoting jakdan
{quote} Dana when i look back i cant believe it myself. don't know what i was thinking.
You shouldn't be looking back - you need to be looking into the moment before pulling the trigger.
The Dove - Forex Trainer
  • #9,911
  • Jun 12, 2017 1:11pm Jun 12, 2017 1:11pm
Quoting dove_alliance
{quote} What I am trying to understand is WHY would you trade AGAINST THE ROMAR TREND with your SL in the twilight zone above ROMAR?????? ROMAR is screaming at your DOWN, DOWN, DOWN. There was no battle there; only a nice trip going south with the DB and SAR.
Entry candle was the test of Romar resistance and hit on daily smooth resistance with h2 ema right at the parabolic right?

Just to say, I didnt enter on this scenario only watching and absorbing the market. Im trying to perfect Sar / parabolic and sar/ema entries before moving on to other types of entries.
Never Give Up
  • #9,912
  • Jun 12, 2017 1:16pm Jun 12, 2017 1:16pm
Quoting Retrogue
{quote} Entry candle was the test of Romar resistance and hit on daily smooth resistance with h2 ema right at the parabolic right? Just to say, I didnt enter on this scenario only watching and absorbing the market. Im trying to perfect Sar / parabolic and sar/ema entries before moving on to other types of entries.
Tom

the Parabolic wasnt set yet, it was still holding support. still no excuse, bad trade.
Stop killing our Oceans, Stop using single use plastics.
  • #9,913
  • Jun 12, 2017 1:20pm Jun 12, 2017 1:20pm
Quoting jakdan
{quote} Tom the Parabolic wasnt set yet, it was still holding support. still no excuse, bad trade.
The parabolic wasnt support, white and purple had crossed (although tight) so it was eliminated, but its trend was still up with the horsemen. Because its consolidation the daily is used for support and resistance. Just my 2 cents worth
Never Give Up
  • #9,914
  • Jun 12, 2017 3:15pm Jun 12, 2017 3:15pm
Quoting miau1
# 71 Date - 11/06/2017 D1: (Purple balance: Up under 50 pips) ≈ balanced ROMAR - Support EMA - Resistance & Support PSAR - Resistance Check list: Last EMA arrow - Down Last MACD arrow - Down Last DB/SAR - Bottom/Bottom Fibonacci - Down Notes: (No big news). Golden divergence with BB hit and SAR around 61.8 pushed the market up. Horsemen downtrend getting stronger after a slider of white. Trend down but consolidated because ROMAR uptrend, continues the ranging. Closest Support is fibo 50 and closest Resistance is Purple, both are close. H2:...
Hello there, here's my result and self-evaluation. I could use a critical review: I don't want to miss anything at all. Thanks in advance.

Trade result:+0 pips. No entry was made.

Self-evaluation: Price turned with a big candle and at its close it was in the middle of nowhere, so I waited for it to reconnect with resistance before my entry as per the plan, but it never did before reaching the fibo bottom + divergence (I called the day when it happened).
I think my plan was good enough to foresee the future, but the entry was not well planned, perfect entry would have been the ROMAR touch (=D1 Smooth), but when that candle opened PSAR remained nullified support and MACD arrow wasnt there (it wasnt until the bar was deep down it appeared), so Im not sure about this but I think I rather play it safe and miss some good entries than risk.
Edit. Forgot to mention that maybe price behaved differently because of the GAP in the opening? I would like to know.
"Know thyself."
  • #9,915
  • Jun 12, 2017 3:27pm Jun 12, 2017 3:27pm
Quoting snfx
.....SHORT: I will go short at H2 EMA
SELF EVALUATION: (EDIT of my daily plan: go short at H2 Purple, not EMA, typo error....) Anyway, I missed a trade. I have underestimated importance of price hitting Daily Smooth - entry point. So mistake was that I have paid attention to H2 Purple instead to the fact that Daily Smooth was hit.
  • #9,916
  • Jun 12, 2017 4:48pm Jun 12, 2017 4:48pm
# 78 Date - 12/06/2017

D1: (Purple balance: Up under 50 pips) ≈ balanced
ROMAR - Support
EMA - Resistance & Support
PSAR - Resistance
Check list:
Last EMA arrow - Down
Last MACD arrow - Down
Last DB/SAR - Bottom/Bottom
Fibonacci - Down
Notes: (Red news in 15h). DB/SAR still didn’t connect together, so there’s room to continue down (they will connect together before reaching ROMAR). Horsemen with steep down trend & PSAR getting stronger angle, there’s no sign of weakening yet. Trend down, ranging, consolidated because of ROMAR being support. Closest Support is 61.8 level and closest resistance is Purple, next candle in 3h will probably connect with Purple.

H2:
ROMAR - Resistance =D1 Smooth
EMA - Resistance =D1 Purple, 38.2 fibo
PSAR - Resistance =D1 white, 50 H2 fibo & H1 ROMAR resistance
Check list:
Last EMA arrow - Down
Last MACD arrow - Down
Last DB/SAR - Together bottom
Fibonacci - Up
Notes: LSB divergence at the bottom of the fibo, where it flipped. SAR still connected to DB. Horsemen full downtrend with steep PSAR. Full blown downtrend, but I must be aware of the new fibo and the DB/SAR at the bottom, that is telling me the next swing in longer term is up.

H1:
ROMAR - Resistance
EMA - Resistance
PSAR - Nullified Resistance
Check list:
Last MACD arrow - Up
Fibonacci - Up
Notes: Horsemen started to turn long, trend is starting to turn up because of White/Smooth cross of Purple, but down because of PSAR, and EMA could make a slider and hold resistance. This timeframe is consolidated.

Final notes for all three charts: Overall downtrend but consolidated because of D1 ROMAR. I like the confluences at PSAR, but we aren’t in trend to take a normal SAR-PSAR entry.

Entry:
Short: If SAR connects with a candle opening right under EMA I’ll take an entry there if MACD still favors it and no EMA arrow against me. If EMA is pierced then I’ll be looking at PSAR as a confluence resistance point for the short.
"Know thyself."
  • #9,917
  • Jun 12, 2017 9:16pm Jun 12, 2017 9:16pm
June 12 - Entry and Trading Plan - EURJPY

DAILY
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Notes: 4 horsemen shooting down with red fib. Last SAR attachment at the bottom of candle at 122.619 with gold divergence.

2H
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Notes: 4 horsemen shooting down. Purple and white did not cross for the up. DB above SAR at 122.700 level (green box) with divergence. No BB are found in the fib. MACD and EMAx pointing down.

1H
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Notes: White and purple did cross, but smooth did not yet. Ema is still resistance.

ENTRY: Entered short for a 40/40 on 2H smooth (20:00 candle - shown with white arrow). Used the 1H as conformation because when smooth was touched, 1H PSAR resistance was touched. Also, daily was not out of balance with purple, so counter trading the 2H ROMAR trend would not make me comfortable.
Attached Image (click to enlarge)
Click to Enlarge Name: june12.png Size: 71 KB
"Cast your burden upon the Lord and He will sustain you"
  • #9,918
  • Jun 12, 2017 9:41pm Jun 12, 2017 9:41pm
Quoting tullegate
June 12 - Entry and Trading Plan - EURJPY DAILY ROMAR - Support EMA - Resistance PSAR - Resistance Notes: 4 horsemen shooting down with red fib. Last SAR attachment at the bottom of candle at 122.619 with gold divergence. 2H ROMAR - Resistance EMA - Resistance PSAR - Resistance Notes: 4 horsemen shooting down. Purple and white did not cross for the up. DB above SAR at 122.700 level (green box) with divergence. No BB are found in the fib. MACD and EMAx pointing down. 1H ROMAR - Resistance EMA - Resistance PSAR - Resistance Notes: White and purple...
I think you have *3* extra bars on your chart. Not trying to be naggy or annoying, I am far from achieving understanding with the Paradox, but count your bars to make sure it is showing 39 bars with a spread of 40.

(it just kinda caught my eye)
  • #9,919
  • Jun 13, 2017 12:43am Jun 13, 2017 12:43am
Date: 13/06/17 6.06 GMT EUR/JPY

Daily: Open at purple
ROMAR - Support
EMA - Resistance
PSAR – Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: 125.903 High
Fibo: Down

Notes: The Daily has the 4 horsemen heading down with an open at purple. SAR (RANGING) last High 125.298. Last at low 122.619 together with only Gold Divergence with a touch on the lower BB which is starting to open up. MACD still on the low, ROMAR now above the BB. Market in balance. 70 to ROMAR, 52 for DB to join SAR below Gold Divergence.

2 HR:
OPEN PRICE – 123.135 – 123.097
ROMAR - Resistance
EMA - Resistance
PSAR – Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: 122.700
Fibo: Up

Notes: The 2 hour has the four horsemen heading south with the ROMAR trend just turning up with white crossed purple, smooth at purple, EMA quite a bit away for the slider. DB with LSB Divergence attached at the low with green tag. fib flip green, MACD just below the 0, BB opened up and outside Fibo. SAR attached just above EMA.

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

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: N/A
Fibo: Up

Notes: The 1 hour has the four horsemen tight together running flat just turning over for the down.

Final Notes for all three charts: the market is in Consolidation 1H, 2H Down, Daily Up but heading down. H2 SAR connection for the down,
Entry:
Consolidation: looking to short after next H2 candle if horsemen in correct order and still + 40 to support.
Long:
Short:

NEWS: US PPI 1.30 GMT
After trade notes:
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  • #9,920
  • Jun 13, 2017 3:02am Jun 13, 2017 3:02am
Notes for readjustments: Market went up and the conditions I waited for never met. Anyway there’s still a good opportunity for the short using anti-psar entry right at H2 ROMAR&61.8. with D1 50 fibo. Also H1 BB hit.
I’ll take the entry when the candle closes if price is still near H2 ROMAR or D1 EMA. Only confluences against me are EMA arrow + MACD arrow in the right order and Smooth almost crossing white, but after such a big candle is not surprising. News are just a few hours away, but I’m confident enough to let it run the news if required.
DB and magenta divergence attached at candle open.
Attached Image (click to enlarge)
Click to Enlarge Name: Entry.png Size: 137 KB
"Know thyself."
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