Yeah that’s my plan. There’s still stuff that doesn’t really make sense so I just ignore it until I see what does. I’ve been doing fairly well but it’s still that lack of confidence which I’m sure goes away over time.

The paradox System 2023 (for beginners)

Yeah there's so many variables that the entries seem limitless. The big thing i'm realizing is that it really is all about "the big picture". There's not a single ONE thing that makes a trade good or bad. The daily for instance has been a big part ...

The paradox System 2023 (for beginners)

I am talking about the EJ. The 1HR was in a slider with purple/ROMAR before it broke through as you can see in the image. With the 4H in a strong up trend on the 2hr as well there was a few entries. Personally, the entry at the 2 hr EMA with purple ...

The paradox System 2023 (for beginners)

Dana had a post early on in the thread where he said H1 ROMAR will be first with purple/EMA. Followed by H2. Which if the 4H are strong enough will break through as well. If H1 stops it’s game over. Similar scenario from yesterday. Once H1 ROMAR ...

The paradox System 2023 (for beginners)

Yeah that’s where I wanted to enter as well but would not be able to close the trade due to going to bed before the release. I would have entered at 148.68 as I had the PSAR/SAR entry on my plan but unfortunately missed it due to being away from ...

The paradox System 2023 (for beginners)

I haven’t had a chance to check the charts in a bit but the 2 HR ROMAR still is a concern being resistance. Looks pretty similar to I believe CADJPY yesterday which broke through. A slider is a possibility though. I haven’t had a chance to make my ...

The paradox System 2023 (for beginners)

“Let's get a better understanding of what it means for the Parabolic to be eliminated. Once White crosses Purple with the parabolic opposite of the crossing; one of two things will happen in consolidation. One: it will bounce off the Parabolic. Two: ...

The paradox System 2023 (for beginners)

Very nice. I had a very similar entry. One thing I will add reading your reasoning, it's all pretty good but the daily is important to note as well. Remember, it is a reference for support and resistance levels and it was at a major one. Not only ...

The paradox System 2023 (for beginners)

Also, the turns are somewhat spottable for me. Market getting above EMA with crossing of purple/smooth for instance seems to be common. Or retraces to EMA with SAR can be an entry back into a trend. The problem of course is waiting on those turns. ...

The paradox System 2023 (for beginners)

so things like resistance and support on daily 4hr etc correct? Also is it better to fully read the original thread first before trading? Like you mention to ignore the 1H and use the 4 but I didn’t even get that far yet haha.

The paradox System 2023 (for beginners)

Noted. Also, how do you typically approach a situation where the 4H are down but the FIBO has flipped with the DP, SAR, and Divergence attached? So similar to the market now where it is attached at 148.583. I know it can continue to make lower lows ...

The paradox System 2023 (for beginners)

While I understand the trend was down, a hit of BB means retrace to the 4H. Purple was 60 or so pips away. I wouldn't trade against the trend typically but the BB hit made it seem within the rules. From Dana: Last but not least - The Bollinger ...

The paradox System 2023 (for beginners)

Entry attached going long. Also, in the original thread Dana said to make sure the 1 and 2 are consistent so I just went off that. Again, only around 160 pages in so far.

The paradox System 2023 (for beginners)

I actually ended up going long on this. I don’t have the 4H yet and use the 1H and it turning for the up is what scared me away from the short. But anyways I just waited until I saw an entry I was comfortable with. Which was the hit on the BB bands. ...

The paradox System 2023 (for beginners)

One of the first things said is White AND Smooth have to cross purple for an entry long (or short but long in this instance). I'm still going through the pages but I didn't have it in me to short with 2 hour ROMAR as Support still. There's really no ...

The paradox System 2023 (for beginners)

Any chance you can post updated charts for the EURJPY? There's no real references to make anymore if mine are correct. Also i'm going through the thread got through around 170 pages so far. Looks like the 4H is used now? Should I read every page ...

The paradox System 2023 (for beginners)

Exit. Trying to recover it is a recipe for disaster. A rule I have is if I lose a trade or win a trade I am done at the minimum the next few hours. It's especially dangerous when you lose because you can become desperate for a re-entry to get those ...

Share your results from today

Following the trend isn't always the best way to go about things. Following the trend is great but trends are often times quite short term. As you mention, it is REALLY easy to get caught at the end of a trend before crashing down. So while ...

All about Rookie trading experience

This question is impossible to answer. SL is often dependent on the strategy you trade and also on how you trade. 1:1, 1.5:1, 2:1, 1:2, and etc. You have to see what works best for you and your strategy. There is no best ratio. I know quite ...

TP - SL ratio? 1:1?

Why not give it a shot on a demo? Whether someone recommends it or not is not relevant to you. Everyone here is going to talk from their personal experience. Open a demo, find a good strategy, and trade it. This may take some time and don't give up ...

Would you recommend trading?