The reason why I am posting my progress here is because I asked the guy a few questions back in 2018 and he banned me from his thread.. oh well..
So this post is for those who were banned from posting there...
If for some reason you were banned from the post also and is still learning from it. Please feel free to post your set up / trade plan / results here.
You can find the original thread and system here.. https://www.forexfactory.com/thread/...paradox-system
Set up and trade plan is important but more importantly is the RESULTS!!
Even if it is a losing result!
Only with result we can analyize if there is problem with your setup..
SO PLEASE POST WITH RESULTS.
There is plenty of learning and discussion over at the main post so this place is only for trade plans and results
I am also learning so I don't know if what I know is correct..
For those who are kind enough to help, thank you for your kind efforts, and it would be appreciated by others learning the system as well~
Date
5/20/2021
Daily:
Romar = Support
Smooth = Support
EMA = Support
Note = the 4 horsemen lined up, it is an clear uptrend
H2 :
Romar = Support
Smooth = Support
EMA = Support
Note = White has crossed purple, smooth has crossed purple, now EMA is crossing purple at the current bar
H1 :
Romar = Support
Smooth = Support
EMA = Support
Note = all lined up, 4 horsemen up, this is also very clear an uptrend.
Analysis = Daily / H2 / H1 all clear uptrend, with H2 EMA crossing purple at the current bar. Waiting for the current bar to close and confirm EMA crossing.
I am basing my entry on Romar / Smooth / EMA has to match for H1 and H2 in order to enter rule.
Result = SUCCESS
I did enter after confirmation of the EMA crossing Purple. Though not the best entry as I was away.. but entered never the less.
Since my entry wasn't the best, I have only set a 30 pip Take Profit and set the stop loss to 30 pips as well trying to follow the 40/40 20/20 rule and just so happen that 30 pips stop loss is a small support area. But I did not wait.. I soon exited at 1.22434
So this post is for those who were banned from posting there...
If for some reason you were banned from the post also and is still learning from it. Please feel free to post your set up / trade plan / results here.
You can find the original thread and system here.. https://www.forexfactory.com/thread/...paradox-system
Set up and trade plan is important but more importantly is the RESULTS!!
Even if it is a losing result!
Only with result we can analyize if there is problem with your setup..
SO PLEASE POST WITH RESULTS.
There is plenty of learning and discussion over at the main post so this place is only for trade plans and results
I am also learning so I don't know if what I know is correct..
For those who are kind enough to help, thank you for your kind efforts, and it would be appreciated by others learning the system as well~
Date
5/20/2021
Daily:
Romar = Support
Smooth = Support
EMA = Support
Note = the 4 horsemen lined up, it is an clear uptrend
H2 :
Romar = Support
Smooth = Support
EMA = Support
Note = White has crossed purple, smooth has crossed purple, now EMA is crossing purple at the current bar
H1 :
Romar = Support
Smooth = Support
EMA = Support
Note = all lined up, 4 horsemen up, this is also very clear an uptrend.
Analysis = Daily / H2 / H1 all clear uptrend, with H2 EMA crossing purple at the current bar. Waiting for the current bar to close and confirm EMA crossing.
I am basing my entry on Romar / Smooth / EMA has to match for H1 and H2 in order to enter rule.
Result = SUCCESS
I did enter after confirmation of the EMA crossing Purple. Though not the best entry as I was away.. but entered never the less.
Since my entry wasn't the best, I have only set a 30 pip Take Profit and set the stop loss to 30 pips as well trying to follow the 40/40 20/20 rule and just so happen that 30 pips stop loss is a small support area. But I did not wait.. I soon exited at 1.22434