Lordlink replies to: The Paradox System

My Trading Plan: EURJPY

Date (Local): 28/05/2018
Time: Tokyo Open

Red News:
No red news.

Daily:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last MACD 0 Cross: Down
Last EMA arrow: Down
Last DB attachment: Bottom at 127.141
Last SAR attachment: Together with DB
Fibo: Up/Green

Notes: Daily is in full down. Last DB and SAR attachment was at bottom at lower BB along with golden divergence shown. Candle opened on Purple.

H4:

ROMAR: Resistance
EMA: Resistance
PSAR: Resistance

Checklist:

Last DB attachment: Bottom at 127.141
Last SAR attachment: With and under DB
Fibo: Green/Up

Notes: H4 is in strong down but White crossed Purple for up. DB and SAR connected on bottom with golden divergence shown. Candle opened above EMA.

H2:

Day Open Price: 128.331
ROMAR: Resistance
EMA: Resistance
PSAR: Support (not fixed)

Checklist:

Last MACD 0 Cross: Up
Last EMA arrow: Up
Last DB attachment: Bottom at 127.141
Last SAR attachment: Top at 128.353
Fibo: Green/Up

Notes: H2 may be in an upswing. White and Smooth crossed Purple for up. Candle opened above EMA and Parabolic flipped but not fixed. It seems EMA is about cross Purple for up.

H1:

ROMAR: Resistance
EMA: Support
PSAR: Support

Checklist:

Last MACD 0 Cross: Up
Last EMA arrow: Up
Fibo: Green/Up

Notes: 4 horsemen are up along with EMA against ROMAR. Candle opened just above Purple.

Final Notes: All charts are ROMAR down. But H2 Parabolic flips which puts the market in consolidation. Daily opened on Purple so the Daily become balanced. H4 opened above EMA with White Purple crossing for up. In H2 Parabolic flipped but not fixed and White and Smooth crossed Purple for up.

Entry for Long: Will be looking for long after H2 EMA become support and if there be enough pips to H2 ROMAR.

Entry for Short:

Adjustments: No adjustments. H2 Parabolic flipped and fixed. EMA crossed Purple for up. Candle opened just above Purple. Decided to go long on this open candle.

Final Entry: Long at 128.037 for 40/40

Rules: After a trend, H2 Parabolic flip put the market in consolidation. To counter trade against ROMAR EMA must cross Purple and there should be enough pips to ROMAR.

Attached Image (click to enlarge)

Click to Enlarge Name: Entry EJ H2 2018-05-28-0800.png Size: 74 KB

Result: TP hit (+40)

Self Evaluation: I think it was an easy trade. Nothing to explain.

Attached Image (click to enlarge)

Click to Enlarge Name: Result EJ H2 2018-05-28-0800.png Size: 69 KB

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