The Paradox System | Page 530 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The paradox System 2023 (for beginners) 724 replies

Paradox System: post your entry here 12 replies

Paradox system avg monthly ROR for last 12 months 33 replies

Learning the Paradox System=Set up / Trade Plan / Results Only 1 reply

lets talk about the system called PARADOX 2 replies

Attachments: The Paradox System
Exit Attachments

The Paradox System

  • #10,581
  • Jul 16, 2017 8:37pm Jul 16, 2017 8:37pm
Quoting Therapsid
{quote} That's fascinating. I didn't know that. I would think EJ would be safe to trade after Asia closes and London opens.
You ought to do a major research on the Forex and you may learn a lot.
The Dove - Forex Trainer
  • #10,582
  • Jul 16, 2017 8:41pm Jul 16, 2017 8:41pm
Quoting dove_alliance
{quote} You ought to do a major research on the Forex and you may learn a lot.
I'm dusting off my "Currency Trading for Dummies" book as I speak.
  • #10,583
  • Jul 17, 2017 1:11am Jul 17, 2017 1:11am
Date: 17/07/17 6.55 GMT EUR/JPY

Daily: Open below EMA
ROMAR - Support
EMA - Support
PSAR – Support E

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: 130.753 top
Fibo: Down

Notes: The Daily has the 4 horsemen turning over at the top with a white and smooth cross of purple and white at smooth. Romar, EMA and PSAR still holding support long term. The DB/SAR attached at the high at the 0 red fibo with now magenta tag, No green divergence. MACD just below 0. SAR attached on the bottom above PSAR below EMA.

2 HR:
OPEN PRICE – 129.078 – 129.081
ROMAR - Resistance
EMA - Resistance
PSAR – Resistance E

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: 128.483 Bottom
Fibo: Up

Notes: The 2 hour has the four horsemen just turning North testing Romar Resistance with EMA just below. SAR attached at the bottom with gold divergence. DB attached at the bottom LL with LSB and gold Divergence. EMA Arrow after MACD. BB’s running parallel.

1 HR:
ROMAR - Resistance
EMA –Support
PSAR – Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: N/A
Fibo: Up

Notes: The 1 hour has the four horsemen running flat with the market just above. MACD above 0.

Final Notes for all three charts: the market is in now Consolidation. H1 H2 Romar down with Horseman trend flat and daily up with Horsemen still heading North to flat. market between EMA and PSAR. H2 slider for another trip downstairs.

Entry:
Consolidation:
Long:
Short: looking for short off resistance.


NEWS: No news! JPY Bank hol.

After trade notes:
Attached Image (click to enlarge)
Click to Enlarge Name: H2 short off PSAR slider.PNG Size: 223 KB
Stop killing our Oceans, Stop using single use plastics.
  • #10,584
  • Jul 17, 2017 9:46am Jul 17, 2017 9:46am
Quoting jakdan
Date: 17/07/17 6.55 GMT EUR/JPY Daily: Open below EMA ROMAR - Support EMA - Support PSAR Support E Check List: Last MACD 0 crossing: Down Last EMA Alert Arrow: Down Last DB Attachment: 130.753 top Fibo: Down Notes: The Daily has the 4 horsemen turning over at the top with a white and smooth cross of purple and white at smooth. Romar, EMA and PSAR still holding support long term. The DB/SAR attached at the high at the 0 red fibo with now magenta tag, No green divergence. MACD just below 0. SAR attached on the bottom above PSAR below EMA. 2 HR: OPEN...
Jakdan - I am still pretty busy so I am going to evaluate your entry at this time:

You made an entry in 'no-man's land'. On the Daily you had the Parabolic as a stopper going short and on the H2 you had the Parabolic as a stopper going long. Not only that scenario you also had the Market holding sideways with the Daily EMA and Parabolic being out of balance with Purple.

You are in a trade which is waiting on a breakout with the Daily 24 hour candle; for either the EMA slider going north or the the breakout going south. Bottom line - you now have to wait for one or the other. Only time will tell.
The Dove - Forex Trainer
  • #10,585
  • Jul 17, 2017 10:10am Jul 17, 2017 10:10am
Quoting dove_alliance
{quote} Jakdan - I am still pretty busy so I am going to evaluate your entry at this time: You made an entry in 'no-man's land'. On the Daily you had the Parabolic as a stopper going short and on the H2 you had the Parabolic as a stopper going long. Not only that scenario you also had the Market holding sideways with the Daily EMA and Parabolic being out of balance with Purple. You are in a trade which is waiting on a breakout with the Daily 24 hour candle; for either the EMA slider going north or the the breakout going south. Bottom line - you...
Dana,

thanks for your time, your points have been taken and understood.
believe it or not i thought it was a risky trade with the daily PSAR but thought i would have enough to just "nick" the 40, again patience is the thing lacking at the moment.
after opening the trade and switching onto the daily chart with SL and TP it was pretty obvious with the support and resistance and piggy in the middle.
another scenario another page in the book.
Stop killing our Oceans, Stop using single use plastics.
  • #10,586
  • Jul 18, 2017 1:17am Jul 18, 2017 1:17am
Quoting jakdan
Date: 17/07/17 6.55 GMT EUR/JPY Daily: Open below EMA ROMAR - Support EMA - Support PSAR Support E Check List: Last MACD 0 crossing: Down Last EMA Alert Arrow: Down Last DB Attachment: 130.753 top Fibo: Down Notes: The Daily has the 4 horsemen turning over at the top with a white and smooth cross of purple and white at smooth. Romar, EMA and PSAR still holding support long term. The DB/SAR attached at the high at the 0 red fibo with now magenta tag, No green divergence. MACD just below 0. SAR attached on the bottom above PSAR below EMA. 2 HR: OPEN...
Trade evaluation: -40
i think Dana sums it above, didnt have the pip count + SPREAD
charts for study should anyone need them
Entry.
Daily.
aftermath.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: H2 short off PSAR slider.PNG Size: 223 KB
Click to Enlarge Name: daily short.PNG Size: 179 KB
Click to Enlarge Name: after shot.PNG Size: 260 KB
Stop killing our Oceans, Stop using single use plastics.
  • #10,587
  • Jul 18, 2017 5:46am Jul 18, 2017 5:46am
Just studying charts today.....H1 H2 H4 and Daily....is it me or does our trading chart H2 EMA/ROMAR appear to be in complete control of all the others?

If the H2 EMA breaks through ROMAR then the rest will be allowed to continue up?....

If it bounces off like it is now, with the DB SAR now re-attached, then will it drag the rest down with it?


Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,588
  • Jul 18, 2017 11:26am Jul 18, 2017 11:26am
All (four) charts now with the ROMAR.
  • #10,589
  • Jul 18, 2017 12:58pm Jul 18, 2017 12:58pm
Quoting jmag
All (four) charts now with the ROMAR.
Indeed they are, but the H1/2/4 SARs and DBs are showing down, something has to give?

Dana sir, what happens if the Daily ROMAR falls out of the lower BB band as it looks like it may?


Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,590
  • Jul 18, 2017 1:41pm Jul 18, 2017 1:41pm
Quoting Andiroo
{quote} Indeed they are, but the H1/2/4 SARs and DBs are showing down, something has to give? Dana sir, what happens if the Daily ROMAR falls out of the lower BB band as it looks like it may? Cheers, Andy
Hi Andy,
I'm just remembering how much Dana has stressed the power of the ROMAR. Does this mean we will run over the DB/SAR attachment on 2H? It's a bit of a pickle. Parabolics all up as well. Its seems a ton of support. I'm voting the ROMAR north, but I'm a nub with Paradox.
John
  • #10,591
  • Jul 18, 2017 1:48pm Jul 18, 2017 1:48pm
I'm a nub too John

It does seem a ton of support, I agree - my guess would be to wait for down to the H2 Parabolic, then DB/SAR attach there all ready for it go north - that way the current DB/SAR can stay as they are?


Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,592
  • Jul 18, 2017 2:06pm Jul 18, 2017 2:06pm
Quoting Andiroo
{quote} Indeed they are, but the H1/2/4 SARs and DBs are showing down, something has to give? Dana sir, what happens if the Daily ROMAR falls out of the lower BB band as it looks like it may? Cheers, Andy
Daily ROMAR falling out of the lower BB band leads us into ROMAR ranging mode, I believe. Look through the DB/SAR Fibo tutorial Dana did a while back, in May I think.
  • #10,593
  • Jul 18, 2017 2:15pm Jul 18, 2017 2:15pm
Quoting Nikitafen
{quote} Daily ROMAR falling out of the lower BB band leads us into ROMAR ranging mode, I believe. Look through the DB/SAR Fibo tutorial Dana did a while back, in May I think.
Thank you, got it on page 1.

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,594
  • Jul 18, 2017 2:15pm Jul 18, 2017 2:15pm
Unfortunately I'm currently not in a position to do a trading plan, however I've just noted that the market at 129.300 is H1 ROMAR & H2 Parabolic & H4 Smooth/EMA.....if the market gets down to that level it wouldn't surprise me if the H2 DB/SAR attached there to then go back up with the ROMAR power?

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,595
  • Jul 18, 2017 3:41pm Jul 18, 2017 3:41pm
Traders - throughout every single postings I had posted was strictly about the POWER OF THE H2 CHART. The 2 hour chart is the leader of everything about the Paradox. When I reference another chart in my postings it has to do with the H2 Chart. What I am finding daily is all traders do not know how to; or refuse too - THINK OUTSIDE THE BOX. The Paradox was not created to analyze but to READ what the H2 is saying.

I trade the 2 hour chart as a stand-alone. I do not need any other chart to reference as it tells me everything it is saying from bar to bar. In other words - whatever the H2 is saying; it is also saying on the other charts, may it be support, or resistance, or trend, or ranging, or any other scenario that has been taught. The H2 leads and the others follow because Support, Resistance, and Trend never changes within the Paradox but always remain intact on all charts..

If you are not thinking outside the box then you had missed the boat.
The Dove - Forex Trainer
  • #10,596
  • Jul 19, 2017 1:06am Jul 19, 2017 1:06am
Date: 19/07/17 6.55 GMT EUR/JPY

Daily: Open at White
ROMAR - Support
EMA - Support
PSAR – Resistance/Now flipping!

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Up
Last DB Attachment: 130.753 top
Fibo: Down

Notes: The Daily has the 4 horsemen turning over at the top with a white and smooth cross of purple and white cross smooth. Romar, EMA still holding support long term PSAR flipped!!. The DB attached at the high at the 0 red fibo with now magenta tag, No green divergence. MACD below 0. SAR attached on the bottom above PSAR below EMA 70 + pips for DB connection. Romar now out of trading area.

2 HR:
OPEN PRICE – 129.446 – 129.253
ROMAR - Support
EMA - Resistance
PSAR – Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: 129.736 Top
Fibo: Down

Notes: The 2 hour has the four horsemen turning Over for the down. SAR connected on the bottom below PSAR and Romar waiting for DB. DB attached at the top with Magenta and gold Divergence. EMA Arrow MACD in order. BB’s pincing inwards Lower BB @ the 61.8

1 HR:
ROMAR - Support
EMA – Resistance
PSAR – Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: N/A
Fibo: Down

Notes: The 1 hour has the four horsemen heading South with the market just below. MACD Below 0. Lower BB just on the 100

Final Notes for all three charts: the market is in now Consolidation. H1 H2 D Romar uptrends with Horseman turning over / South. All fibos are red and D Romar out of balance. H2 purple pushing down, holding as I speak

Entry:
Consolidation:
Long:
Short: looking for short off Resistance with room for the 40.


NEWS: US News 1.30/ 3.30 GMT.

After trade notes:
Attached Image (click to enlarge)
Click to Enlarge Name: H2 short off resistance against Romar.PNG Size: 172 KB
Stop killing our Oceans, Stop using single use plastics.
  • #10,597
  • Jul 19, 2017 8:23am Jul 19, 2017 8:23am
I got all excited with the ROMAR crossing EMA yesterday as if we went into a full blown trend which is obviously not the case, but we are in consolidated ranging. /nub
  • #10,598
  • Jul 19, 2017 9:45am Jul 19, 2017 9:45am
Quoting jakdan
Date: 19/07/17 6.55 GMT EUR/JPY Daily: Open at White ROMAR - Support EMA - Support PSAR Resistance/Now flipping! Check List: Last MACD 0 crossing: Down Last EMA Alert Arrow: Up Last DB Attachment: 130.753 top Fibo: Down Notes: The Daily has the 4 horsemen turning over at the top with a white and smooth cross of purple and white cross smooth. Romar, EMA still holding support long term PSAR flipped!!. The DB attached at the high at the 0 red fibo with now magenta tag, No green divergence. MACD below 0. SAR attached on the bottom above PSAR below EMA...
trade evaluation: took +40 from the market.
H2 downtrend looked strong went short off purple in the moment, market did go to white but didn't want to miss it in waiting for 7.00am candle.
only doubt was the daily EMA support however the H2 looked strong so took it.
Stop killing our Oceans, Stop using single use plastics.
  • #10,599
  • Jul 19, 2017 10:32am Jul 19, 2017 10:32am
Quoting jakdan
{quote} trade evaluation: took +40 from the market. H2 downtrend looked strong went short off purple in the moment, market did go to white but didn't want to miss it in waiting for 7.00am candle. only doubt was the daily EMA support however the H2 looked strong so took it.
This was an out of the box entry with confluence of the indicators all on the H2 chart.

1. EMA Red Arrow going short
2. MACD zero crossing Arrow going short.
3. Retrace to Purple Resistance for the short.
4. EMA crossing Purple for the short.
5. Parabolic locked in for the downtrend.

Even though Jakdan didn't know it - his entry was totally out of the box and immediately went into profit for his 40 profit.

This out of the box entry had forced ROMAR to follow through with a switch of trend instead of a slider going through center. Study Jakdan entry chart and you will see how the H2 Chart dominates the Paradox. I need not say more.
The Dove - Forex Trainer
  • #10,600
  • Edited 3:29pm Jul 19, 2017 2:50pm | Edited 3:29pm
for a reason my membership was revoked my previous ff name was JanThetrader and that has been revoked. ive been a member since 2014 but this is my new account. To tell everyone I blew up couple of accounts, like dove in the beginning being a trader was a major struggle because my walk with the Lord was not where it should have been I was going nowhere. There are to many things i want to share but it would take forever to write it all down. If im not mistaken i think its more than twice that i dump this system because i cant hardly understand it the system itself is not for everyone though its in the public forum i can guarantee not all will understand unless the holy spirit reveal it to you. I dont post much but im always quite in the background. last year of 2016 between october and november i made a lot of money using the system itself but pride and greed got into my heart because I became one of the 5%. When my pride got in to me i can no longer understand the system and started losing money worst I blew up my capital rules after rules I had broken and I dump the system again it was one of the most depressing moment I had ever encounter, having it all and losing it all because my heart was not where God wants it to be. I cried so hard for months and I even stop trading for a couple of months. to make the story short Ive seen it with my own eyes how the system is so powerful and you can be 100% if you follow all the rules. The rules has been set it stone you break one rule you will end up badly. The most important rule I had learn from Dove is to Pick one pair and trade it for the rest of your life you break this rule you will end up bankrupt anytime soon. The system can make you a very good living even 90-100% with all your trades and can make you very wealthy and never be broke again and put money on the table for your family this can build up your life or break you. However You can only understand the Paradox only if you are chosen by God and that is what it is. This is not for everyone and only with his chosen few. God Bless us all
To reach that level of determination is a matter of the will.
7 traders viewing now