The Paradox System

have been trading the system for a couple of weeks now. As the thread unfortunately died I will start posting my daily trading plans.

I'm testtrading:

GBPUSD
USDCHF
EURUSD
USDJPY

not to confuse anyone and trading a pair which is traded in both european and US session I will try to post my daily trading plan for the EURUSD starting from tomorrow.

Yes it does as long as you follow the rules and trade the moment it is designed to take 40 pips a day (don't be greedy )
and remember to reset your platform daily because if you don't the data is wrong.

EURUSD.

FYI I'm in GMT. it's not showing correctly on my chart. haven't figured out yet how to fix it


DAILY:

ROMAR: resistance
EMA: resistance
parabolic: resistance
notes: 4 horsemen are all pointing downwards



2 hour:

ROMAR: resistance (not in the screenshot)
EMA: support, difficult to see but EMA is below purple
parabolic: support
notes: we are in consolidation with ROMAR as resistance and EMA as support. smooth is also sliding over purple and white still showing the downtrend


1 hour:
ROMAR: resistance
EMA: just became resistance as it is crossed above purple
parabolic: support
notes: all horsemen except for parabolic are set up for the downtrend


entry: I'm not very happy to take longs with all the resistance so I'll be focusing on the short side. it looks like EURUSD will be first going for a move up but when it turns around I'll be mainly waiting for a white/smooth over purple cross combined with a parabolic flip. the EMA support on the 2 hour doesn't bother me too much because when all 4 hoursemen are showing short strength, there's not far to go cross the EMA.

Hi Jens89 can you please post GBPUSD charts for me to compare as I am only trading GBPUSD and EURJPY and Y do you say your charts is not right?

this thread is just retarded, sorry

Hi,

below my GBP USD charts. what do you mean by the last bit of your sentence? these charts should be right because I'm also using the broker forex.com which dove recommended.

didn't take any trades on EURUSD yesterday.

plan for today EURUSD:

DAILY:

ROMAR: res
EMA: res
parabolic: res
notes: 4 horesemen still on the move down

2 HOUR:

ROMAR: res
EMA: sup
parabolic: res
notes: the parabolic flipped to resistance and all horsemen are ready for a move down

1 HOUR:

ROMAR: supp
EMA: res
parabolic: res
notes: all horsemen ready for the move down.

entry: daily and 2 hour are ready set up for the move down, except on the 1 hour the ROMAR is support, although the 4 horsemen are showing the downwards move, once the parabolic flip on the 2 hour has been set in stone I will be looking to take my short


ROMAR:
EMA:
parabolic:
notes:

EURUSD

daily
romar: res
ema: res
parabolic: res
notes: 4 horsemen on move down, purple about to cross white

2 hour
romar: res
ema: res
parabolic: res
notes: horsemen about to cross purple for the upmove

1 hour
romar: sup
ema: sup
parabolic: sup
notes: horsemen look to cross down ROMAR. EMA still supp

entry:
look to short when horsemen on
2 hour are going down + 1 hour
has aligned

hi guys, please can anyone post a screenshot of the eurjpy h2 chart? i have some problems and i want to compare

hi guys! how are you doing with The Paradox?
anybody here trading The Paradox on daily basis? i think the paradox is a great system, and sad because of very quiet thread since Dana and some other guys left...
PS i've changed session indicator GMTServerOffset setup from 5 to 4 on H1 and H2 charts, H1 session line updated OK, but H2 session line gone ., can someone help me with it?


check pls my screenshots

Hi rb077msk, my guess is it's because you're not using an odd number. With an odd number a new H2 candle opens and with an even number you're right in between. Could you try that?

Hi,

I've been doing quite well.
statistically as below I have a winrate below 50% but I'm still making quite a bit of mistakes so it often happens I get into a trade but I get out quickly later.
Nevertheless the results are still very well. I've been trading it for about 3-4 weeks and keeping on improving. It does really take quite a bit of time and rereading of how everything works together because dove never told us how exactly to trade it as in if X and Y happen, then to Z. lots of examples are given and by trading it and making lots of mistakes is the way to learn and see for yourself.

My plan on EURUSD for today:

DAILY

romar: res
ema: res
parabolic: res

notes: 4 horsemen on move down, purple
crossed white and smooth up

2 hour

romar: res
ema: res
parabolic: res
notes:
purple clooking to cross up purple
for the up

1 hour

romar: res
ema: res
parabolic: res

notes: purple crossed white and smooth
for up

entry:

short at 2 hour resistance

Very nice post , good work...

Just one question , after loading everything my MT4 platform its really slow ... Any solution for this? or anyone face the same issue?

Thanks in Advance

if you're running on a laptop make sure no other programs are running, also remember just to have the 1hour 2hour and daily for one currency. If you have more than this running in MT4 it will be slow. Hope that helps : )

Hi,

post 772 by dove about the white crossing purple



"Next: : "White Crossing Purple".

The White crossing Purple had ENDED this swing up. The next open candle was at the crossing and was also entry for this swing down to ROMAR. And the reason is because White had automatically changed from support with the Purple crossing to resistance; and the Parabolics had then been eliminated as support.

Spend a lot of time with this post and structure what is happening with these indicators. This post is the only way you will beat the consolidation. And that is understanding what the Paradox is saying to you. Gain the knowledge and use it."

dove mentions here "the reason is because White had automatically changed from support with the Purple crossing to resistance; and the Parabolics had then been eliminated as support. "

I'm wondering though does this mean that with EVERY SINGLE white vs purple crossing the parabolic is eliminated as support or resistance? + the parabolic is very far away from the crossing and after that still about 6 parabolics are being printed.

reason is if we look at post 450 from dove he mentions:



The very first step for a consolidation and/or trend is the White crossing Purple. From that point you are looking into the future. The first thing you notice is if the crossing is with the ROMAR trend or is it a counter-trade. This also eliminates the Parabolic support/resistance because in consolidation with the White/Purple crossing; you then have a market up and down. On the picture with the first arrow you had the White/Purple crossing with an open candle below Smooth and just above EMA which was a counter-trade against ROMAR. On the second arrow you had the White/Purple crossing with an open candle above both EMA and Smooth and into the trend with ROMAR. The parabolic's had been eliminated with the White/Purple crossings and that was an entry going into the future.

On the second arrow you had the White/Purple crossing with an open candle above both EMA and Smooth and into the trend with ROMAR. The parabolic's had been eliminated with the White/Purple crossings and that was an entry going into the future.

from this post I derive that the parabolics are only eliminated is when the purple / white cross happens with ROMAR (arrow 2 in this case) because with the first crossing arrow the purple/ white crossing was AGAINST ROMAR and dove didn't mention anything about the parabolic being eliminated in that case.

so my questions rests: is the parabolic being eliminated when we have a purple / white crossing WITH or AGAINST ROMAR or is it only when it is WITH ROMAR.

thanks

to my understanding, the parabolic is eliminated whenever there's a purple/white crossing, but the parabolic being eliminated means 2 things: 1) the parabolic might flip from support to resistance or vice versa, which confirms the new trend. 2) if the parabolic doesn't flip it means the market will continue in the original trend.
AND I THINK ITS LIKE THIS WITH OR AGAINST ROMAR.
I hope this answers your question

Hi, thanks for the reply.

I know what you mean and I also remember reading what you mention there.
also just read in post 535 that it is eliminated in either direction.

though on post 538 dove also mentions:

"First of all what does eliminated mean:

It is no longer support or resistance. I didn't say it would disappear."

So what I find confusing is that it seems like the parabolic will ALWAYS be eliminated with ANY purple / white crossing with ANY romar direction.

let's say a parabolic is resistance. we do have a purple/white smooth cross so what can we derive from this? first of all it is eliminated from resistance. eventhough the parabolic is still there it is not resistance anymore. now we have 2 scenarios:

1) it will disappear and flip and therefore it will now be support. (which it actually already was because it has been eliminated)
2) it doesn't flip and it will continue in the original trend.

you see that those 2 scenarios can only be confirmed after the fact. So I actually don't really know how to use the elimination of the parabolic.

What am I seeing wrong here?

Also A trade I'd like to discuss and get some opinions on:

EURUSD 2 HOUR



EURUSD 1 HOUR



I shorted for the following reasons:

2 hour at the moment of entry: ROMAR resistance, EMA was just getting below ROMAR for also being resistance. smooth, white, purple and the parabolic are all set up to short.

1 hour at the moment of entry: ROMAR, parabolic, EMA, smooth resistance. purple crossed white to put it in consolidation which I found the only thing which didn't align for the short but all the other indicators are showing heavy resistance.

any ideas?

According to your graph;
Shouldn't ROMAR / EMA be support, and the three horsemens (also acting like support, I thinl) are pointing up for a long?
and DB is also attached to the candle for a move up?