it's hard to study from the original thread. This is because the images of the charts that refer to the rules/scenarios described are often missing. Even some rules are not so clear and so this pushes us to interpret, and this is dangerous because ...

The paradox System 2023 (for beginners)

Ok this makes sense to me. So odds of 61.8 will hold resistance/support are higher if the level is aligned with a resistance/support on the big picture. Today 61.8 was not aligned with other support and the market was more likely to break through. ...

The paradox System 2023 (for beginners)

I'm short from purple/61.8 My SL is above Romar resistance and the TP is before 100% fib. Not sure if the retracement will go any further. My entry seems to me to be on a good point of confluence with purple/fib and smooth 1h. Evaluation later. Any ...

The paradox System 2023 (for beginners)

On the candle prior to your entry, when the market hit Romar it was 40+ pips to 61.8, then the fibo moved. But I think it was a good entry. Rather, your plan said "wait for 2h SAR hit". I don't know if you meant "PSAR hit". In any case there was no ...

The paradox System 2023 (for beginners)

I have a question. If we have an open candle below 61.8 and the market retraces upwards then for a short entry will 61.8 still be an obstacle? Will I still have to look for an entry with enough gap from 61.8?

The paradox System 2023 (for beginners)

I missed the boat. I was waiting for the new candle to open but the market has already moved

The paradox System 2023 (for beginners)

image

The paradox System 2023 (for beginners)

Hello traders! My SL was hit before the USD news even. It was absolutely a bad trade for the reasons we have already discussed in previous posts. Despite the SL I don't feel angry, on the contrary I feel happy because the market has taught me a ...

The paradox System 2023 (for beginners)

I also have to remind you that Lusky and Lightning are free from any kind of obligations on this thread. So no certainty that they will reply or comment on our posts and this must be respected

The paradox System 2023 (for beginners)

Yes lightning, we've already discussed with the guys why it wasn't a good idea to go Long. This is a great lesson.

The paradox System 2023 (for beginners)

I want to try to clarify it with you. Based on what was said by lightning and the images attached to his post, I understand this: Romar center is when purple is turning from the top (or bottom) of our chart and Romar is not far from purple. image ...

The paradox System 2023 (for beginners)

My entry point is definitely wrong. But honestly now I doubt that even the EMA hit was a good entry, for the reasons we mentioned above. I'm sure that later the more experienced guys will help us clarify. Thank you so much for your comments ...

The paradox System 2023 (for beginners)

But it is also true that we look for the best opportunities to enter. Those with the least risk. And indeed the risk that this upward trend will be blocked is there. We should not chase the market but let it come to us. If the opportunity doesn't ...

The paradox System 2023 (for beginners)

Same as mine

The paradox System 2023 (for beginners)

You may actually be very right. To tell the truth, initially when drafting my plan I had thought the same thing, ie that the safest long entry would have been at the Romar 2h. The truth is, I let my emotions decide. Fear of missing the trade made me ...

The paradox System 2023 (for beginners)

I apologize for causing confusion. The fibo is red. I forgot to turn auto scroll back on EDIT: I will edit the attached image from my previous post

The paradox System 2023 (for beginners)

you are still right. I have to put a note on my monitor that says "turn on auto scroll!!"

The paradox System 2023 (for beginners)

I think you are right. on 4h the 61.8 is an obstacle and on 2h in about an hour and a half there will be a fibo flip. I would also add the 23.6 daily. Mine was not a smart move

The paradox System 2023 (for beginners)

and here is my entry. I entered late because I had to get away from the pc. It wasn't a good idea. The ideal point would have been the EMA hit. Anyway, evaluations later. image

The paradox System 2023 (for beginners)

image

The paradox System 2023 (for beginners)