The Paradox System | Page 539 | 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

  • #10,761
  • Aug 1, 2017 7:02pm Aug 1, 2017 7:02pm
Quoting matrix2017
{quote} Hi , Good day everyone I am posting my result of yesterday trade. Result: Win (+40 pips) Self Evaluation: I feel don't satisfy myself for the entry. It is too early. Looked back after put the trigger, at that moment, Purple crossed White, but the opened candle is just above EMA that is support. It means I entered Short from Support, not from Resistance. Even though this trade is win, but it would be much easier, if I waited untill the candle attached or went near the Resistance (Smooth). I will continue practice my mind for the moment.
Your trade was not a win but a disaster; it took you 30+ into the hole and because it took you into an economic release you was able to get lucky with the release going for you and not against you.

You need to study beginning from page one and learn the rules of trading. You need to learn each and every scenario and have knowledge and wisdom in which scenario you are trading. Until you have gain some knowledge and wisdom no-one is able to help you. You first must help yourself before anyone can help you. And by helping yourself means you must know everything about trading this system.

You haven't yet applied the rules for your entries means you have know knowledge of the rules. So I suggest to study from page one - create a journal of all the rules for each scenario; and study each scenario until you know then by heart along with the rules..
The Dove - Forex Trainer
  • #10,762
  • Aug 1, 2017 7:05pm Aug 1, 2017 7:05pm
Hi, Everyone

Trading plan: EJ
2 Aug, 6:50 am GMT+7

Attached Image (click to enlarge)
Click to Enlarge Name: EJ 2Aug.JPG Size: 267 KB


<Daily>
ROMAR : Support
EMA: Support
PSAR: Support
SAR: on the top
DB: on the top of last week
Fibo: Red
MACD: under
Note: SAR still on top with Parabolic as support, and ROMAR is out of trading zone. It is still in the Ranging mode

<2H>
ROMAR: Support
EMA: Resistance
PSAR: Resistance but eliminated
SAR: at the Bottom of the candle which attached ROMAR
DB: at the Bottom of same candle with SAR
Fibo: Green
MACD: under
Note: White cross puple and now opened candle is above EMA and Smooth

<1H>
ROMAR:Support
EMA: Resistance (Purple is crossing)
PSAR: Support
Fibo: Red
MACD: Above
Note: MACD just crossed above zero, Purple is going to cross EMA while White is crossing Smooth

News: USD ADP Non-Farm 19:15 , USD Crude Oil 21:30

Final note: Due to the ranging mode and look at the 4H chart, it shows the moving to the north for reconnect of DB and SAR.
Also the 2H in this moment. it is a right time to entry Long, so I did Entry at 130.324 now(spread 2.6 pips).

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH4.png Size: 39 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2.png Size: 41 KB



Rgds.
  • #10,763
  • Aug 1, 2017 7:11pm Aug 1, 2017 7:11pm
Quoting matrix2017
Hi, Everyone Trading plan: EJ 2 Aug, 6:50 am GMT+7 {image} <Daily> ROMAR : Support EMA: Support PSAR: Support SAR: on the top DB: on the top of last week Fibo: Red MACD: under Note: SAR still on top with Parabolic as support, and ROMAR is out of trading zone. It is still in the Ranging mode <2H> ROMAR: Support EMA: Resistance PSAR: Resistance but eliminated SAR: at the Bottom of the candle which attached ROMAR DB: at the Bottom of same candle with SAR Fibo: Green MACD: under Note: White cross puple and now opened candle is above EMA and Smooth <1H>...
Trader - the best thing for you is to delete this trading plan and go spend your time in studying.
The Dove - Forex Trainer
  • #10,764
  • Aug 1, 2017 7:40pm Aug 1, 2017 7:40pm
Quoting matrix2017
Hi, Everyone Trading plan: EJ 2 Aug, 6:50 am GMT+7 {image} <Daily> ROMAR : Support EMA: Support PSAR: Support SAR: on the top DB: on the top of last week Fibo: Red MACD: under Note: SAR still on top with Parabolic as support, and ROMAR is out of trading zone. It is still in the Ranging mode <2H> ROMAR: Support EMA: Resistance PSAR: Resistance but eliminated SAR: at the Bottom of the candle which attached ROMAR DB: at the Bottom of same candle with SAR Fibo: Green MACD: under Note: White cross puple and now opened candle is above EMA and Smooth <1H>...
Oh dear
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #10,765
  • Aug 1, 2017 8:31pm Aug 1, 2017 8:31pm
On July 26th I said we were in a ranging mode and made this posting:

"Traders - when you get a double high or double bottom always prepare going into a ranging mode. The beginning high of the top is usually the next high low in the top mode; as the picture showing below. It is vice-versa in a double bottom. On a top it can created a new top but do not depend on that scenario. If you do not have the pips - then do not take the trip."

I gave the high and after the low was established with a double bottom I also posted that scenario with the new SAR on top giving the ranging marks of 100 pips.

NOW -

I am continuously getting postings when the breakout will happen. And I continue scratching my head wonder after the answer was given - there is not anyone can get it?

You got the high and the low with the double top and double bottom so why is it so difficult where the breakout will happen. I stated very clearly the breakout can happen going either direction. And the reason why everyone is missing this is because my postings are not being read properly or totally ignored.'

Generally I don't do this because if you don't want to learn then that is your problem. But for the benefit of those who are learning; here is the screen shot of the high and low of the ranging marks.
Attached Image (click to enlarge)
Click to Enlarge Name: Ranging Marks.png Size: 60 KB
The Dove - Forex Trainer
  • #10,766
  • Aug 1, 2017 8:43pm Aug 1, 2017 8:43pm
I believe on the top of the ranging mark I had posted the 2 hour instead of the Daily when I first brought up the top ranging mark. The High Low of the previous high candle was the high for the ranging mark on the Daily. As you can see the double tops going across. On the low was the next low after the SAR attached on top of the Daily in which you can see the double bottoms going across. The Daily started the Ranging and will end the ranging with a DAILY open bar either below or above the ranging marks. Until that happens you remain in the 100 pip mode.
The Dove - Forex Trainer
  • #10,767
  • Aug 1, 2017 9:19pm Aug 1, 2017 9:19pm
Quoting shinny
{quote} Hello mate Ranging was confirmed on 21st July on the Daily chart: {image} We had SAR come in on the bottom on 13th July, market then went sideways and then you see what happened in the snippet above. PSAR on top, EMA/Purple together, MACD below zero. If you go down to the 2hr, you will see it in motion, clear as day. Market tried to do a new high but failed, but sometimes it will, scroll back in the thread to see Dana's examples of this. One look at the Daily chart tells you straight away that the market is ranging. Hope that helps, and...
Thank you Shaun -- do appreciate it.
The Dove - Forex Trainer
  • #10,768
  • Aug 1, 2017 11:51pm Aug 1, 2017 11:51pm
Quoting dove_alliance
I believe on the top of the ranging mark I had posted the 2 hour instead of the Daily when I first brought up the top ranging mark. The High Low of the previous high candle was the high for the ranging mark on the Daily. As you can see the double tops going across. On the low was the next low after the SAR attached on top of the Daily in which you can see the double bottoms going across. The Daily started the Ranging and will end the ranging with a DAILY open bar either below or above the ranging marks. Until that happens you remain in the 100 pip...
...Sir. what is your take on the e/u? or if you don't trade that pair anymore is ok, hugs and God bless anyways...
The Chonchy
  • #10,769
  • Aug 2, 2017 4:10am Aug 2, 2017 4:10am
Dana/Shaun, I have a question please.....I'm doing a lot of demo testing in the background to get real-time results from your teachings and support.

The current ranging scenario I understand, and the remaining within the 100 pips, but what is the best thing to do when faced with the following?;

- Daily White sliding over Purple for a possible breakout either way (I understood your previous postings Dana)
- H2 BB's opening wide all throughout the day
- Market acting strange all day with the DB/SAR
- H2 indicating a Long at 1800 EST, however pip count for +40 is over the 100 pip range....
- BB's have opened up to seem to suggest to me that the 100 pip range will easily be broken...

So did I break any rules in my demo trade for +40 below please?

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2 010817 1122hrs.png Size: 90 KB
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,770
  • Aug 2, 2017 4:58am Aug 2, 2017 4:58am
Quoting jakdan
{quote} Andy there's a post a few weeks back I think that explains when we are out of the range, not sure if it's off this scenario as I haven't read it today as been quite busy, but may give you an idea. I believe Derek? asked the question. hope it helps Ant
post 10,226 is the post you're referring to I think? I was waiting on hidden divergence for this breakout and it came yesterday with the 130.58 high, I thought then it would breakout down?! but it bounced off daily EMA/2h Romar back into the daily trend........maybe this was the breakout signal north ( the green hidden divergence ) however if you scroll back through similar periods in the past the breakout seems to be opposite of the hidden divergence which makes more sense to me as it's almost catapulting the momentum back from hidden divergence? I'm really trying to study properly running simulator etc so please don't berate me !! regards Derek.
  • #10,771
  • Aug 2, 2017 6:23am Aug 2, 2017 6:23am
Hello Traders

Here is how I played the break out.

1) The first blue rectangle is a double bottom. The first low is in the lower BB, whilst the second low brings out the Divergence.

2) The second blue rectangle is the HH from the last swing high, coming from a DB. Notice that these swings are between 85-100 pips.

3) The DB connection on the bottom at the 2hr ROMAR just before my entry was the final confirmation for me that the market was heading North.

When we got to no 2, I was waiting for the DB connection on the bottom, a higher low, and waited for the market to open above Smooth/EMA, with White/Purple crossing. Projecting an 85-100 pip swing higher, I had my 40 pips on only a few pip higher swing than the 2nd blue rectangle.

Here is the chart: (zoomed out)

Attached Image (click to enlarge)
Click to Enlarge Name: Break Out.jpg Size: 475 KB


Attached Image (click to enlarge)
Click to Enlarge Name: ej 010817 print.jpg Size: 8 KB


I hope that helps.

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #10,772
  • Aug 2, 2017 12:34pm Aug 2, 2017 12:34pm
Quoting shinny
Hello Traders Here is how I played the break out. 1) The first blue rectangle is a double bottom. The first low is in the lower BB, whilst the second low brings out the Divergence. 2) The second blue rectangle is the HH from the last swing high, coming from a DB. Notice that these swings are between 85-100 pips. 3) The DB connection on the bottom at the 2hr ROMAR just before my entry was the final confirmation for me that the market was heading North. When we got to no 2, I was waiting for the DB connection on the bottom, a higher low, and waited...
Thank you Shaun - your scenario was right on but I want to add to it:

I kept saying the breakout could go either way because there was not anyone seeing the breakout or else they would had said something; especially on a trading plan. Last week the breakout was showing very clearly on the Daily with a full blown uptrend. Most of my trades were off the bottom because the breakout was going north.

Now - how is the breakout to be recognized and when? Very simple - applying the rules. With Shaun's entry you had the H1, the H2, the H4, and the Daily all sync for the up. That is a very powerful confluence with the previous DB being short of the double bottom and ROMAR holding support on the H2. ROMAR was the signal for the breakout in holding support in that moment.
The Dove - Forex Trainer
  • #10,773
  • Aug 2, 2017 12:37pm Aug 2, 2017 12:37pm
Quoting Andiroo
Dana/Shaun, I have a question please.....I'm doing a lot of demo testing in the background to get real-time results from your teachings and support. The current ranging scenario I understand, and the remaining within the 100 pips, but what is the best thing to do when faced with the following?; - Daily White sliding over Purple for a possible breakout either way (I understood your previous postings Dana) - H2 BB's opening wide all throughout the day - Market acting strange all day with the DB/SAR - H2 indicating a Long at 1800 EST, however pip count...
If you want comments on any trade you first must post the trade.
The Dove - Forex Trainer
  • #10,774
  • Aug 2, 2017 12:57pm Aug 2, 2017 12:57pm
Quoting dove_alliance
{quote} Thank you Shaun - your scenario was right on but I want to add to it: I kept saying the breakout could go either way because there was not anyone seeing the breakout or else they would had said something; especially on a trading plan. Last week the breakout was showing very clearly on the Daily with a full blown uptrend. Most of my trades were off the bottom because the breakout was going north. Now - how is the breakout to be recognized and when? Very simple - applying the rules. With Shaun's entry you had the H1, the H2, the H4, and the...
It continues to be a source of amazement to me how the Paradox sees into the future. All one has to do is read the Paradox.
  • #10,775
  • Aug 2, 2017 1:17pm Aug 2, 2017 1:17pm
Quoting Therapsid
{quote} It continues to be a source of amazement to me how the Paradox sees into the future. All one has to do is read the Paradox.
Oh!
There are no weapons that will form against my financial prosperity.
  • #10,776
  • Aug 2, 2017 6:23pm Aug 2, 2017 6:23pm
Quoting dove_alliance
{quote} Your trade was not a win but a disaster; it took you 30+ into the hole and because it took you into an economic release you was able to get lucky with the release going for you and not against you. You need to study beginning from page one and learn the rules of trading. You need to learn each and every scenario and have knowledge and wisdom in which scenario you are trading. Until you have gain some knowledge and wisdom no-one is able to help you. You first must help yourself before anyone can help you. And by helping yourself means you...
OK, Thank you so much for your advise, I will take care the rule precisely.


Rgds.
  • #10,777
  • Aug 2, 2017 7:04pm Aug 2, 2017 7:04pm
Quoting matrix2017
{quote} OK, Thank you so much for your advise, I will take care the rule precisely. Rgds.
One of the most I am impressed with you is your instincts with the Paradox in using the moment. For me - that is very impressive. Trading the ranging modes are the easiest of trading any scenario. It is when trading trends and consolidation it becomes complicated for most traders. Even with great instincts you can become a loser if the rules are not applied. So - it is very important in knowing the rules for all and each scenarios. Once you have those rules as a leverage I am sure you will graduate sooner then later. So keep up the good work.
The Dove - Forex Trainer
  • #10,778
  • Aug 2, 2017 7:07pm Aug 2, 2017 7:07pm
Quoting matrix2017
Hi, Everyone Trading plan: EJ 2 Aug, 6:50 am GMT+7 {image} <Daily> ROMAR : Support EMA: Support PSAR: Support SAR: on the top DB: on the top of last week Fibo: Red MACD: under Note: SAR still on top with Parabolic as support, and ROMAR is out of trading zone. It is still in the Ranging mode <2H> ROMAR: Support EMA: Resistance PSAR: Resistance but eliminated SAR: at the Bottom of the candle which attached ROMAR DB: at the Bottom of same candle with SAR Fibo: Green MACD: under Note: White cross puple and now opened candle is above EMA and Smooth <1H>...
Hi, everyone
I would like to make summary result and self evaluation for this trade.

Result: Win (+40 pips)

Self Evaluation: Since the previous trade I have learned that how to entry, how to wait properly. For this trade, I had seen the trade set up clearly with H1, H2 and H4 sync together (especially H4 that made me highly confidence). And 2 words "think out of the box" and "in the moment" that concerned pop up to my head.
That's all of my thought in that moment. I still have a lot to learn.

Rgds.
  • #10,779
  • Aug 2, 2017 7:19pm Aug 2, 2017 7:19pm
Quoting matrix2017
{quote} Hi, everyone I would like to make summary result and self evaluation for this trade. Result: Win (+40 pips) Self Evaluation: Since the previous trade I have learned that how to entry, how to wait properly. For this trade, I had seen the trade set up clearly with H1, H2 and H4 sync together (especially H4 that made me highly confidence). And 2 words "think out of the box" and "in the moment" that concerned pop up to my head. That's all of my thought in that moment. I still have a lot to learn. Rgds.
Very good trader and that was thinking outside the box.
The Dove - Forex Trainer
  • #10,780
  • Aug 2, 2017 9:37pm Aug 2, 2017 9:37pm
Trading plan : EJ
3 Aug, 9:35 am GMT+7
Attached Image (click to enlarge)
Click to Enlarge Name: 3Aug.JPG Size: 246 KB

<Daily>
ROMAR : Support
EMA: Support
PSAR: Support
SAR: on the top
DB: on the top of same candle of SAR
Fibo: Red
MACD: under
Note: There was a new high by yesterday's candle, Opened price from the top and tend to 4 horsemen which is line up for uptrend, ROMAR is still outside BB.

<2H>
ROMAR: Support
EMA: Support
PSAR: Support
SAR: at the bottom nearly reach Parabolic
DB: at the top
Fibo: Red
MACD: under (just break zero down)
Note: Both EMA arrow and MACD cross arrow show the movement to down side. Purple cross White and Smooth now.

<1H>
ROMAR:Support
EMA: Support
PSAR: Resistance (just flip)
Fibo: Red
MACD: Under
Note: Purple crossed White and Smooth and head down to EMA , ROMAR is outside BB

News: USD, Unemployment claim 19:30, PMI 21:00

Final note: 2H Daily chart are both in uptrend, and yesterday just make a new high. This trade set up is considered to be slider and continue uptrend more than Reverse. Wait for setup clear and look for taking Long is more safe.

Entry Long: Confirm 2H chart, 4 Horsemen slide over EMA, and SAR position. Entry long when the opened candle is above smooth.
Entry Short: no consider today.


Rgds.

1 trader viewing now