The Paradox System | Page 543 | 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

  • #10,841
  • Aug 6, 2017 6:40pm Aug 6, 2017 6:40pm
Quoting jmag
My SAR went funny on Friday and is still doing this. I'm on forexdotcom demo, have 39.5 bars, 1600x900 resolution.. edit - Oh I see Nikitafen's is doing it too. But others I see are not. {image}
I double checked that I have the right SAR as well, the newest one. I reloaded data on time as well. Maybe a mistake was made by me somewhere along the line perhaps...?
  • #10,842
  • Aug 6, 2017 6:47pm Aug 6, 2017 6:47pm
Quoting jmag
My SAR went funny on Friday and is still doing this. I'm on forexdotcom demo, have 39.5 bars, 1600x900 resolution.. edit - Oh I see Nikitafen's is doing it too. But others I see are not. {image}
Mine looks like yours as well???
  • #10,843
  • Aug 6, 2017 7:04pm Aug 6, 2017 7:04pm
Hmm, I guess Andiroo's is the only one I've seen without the SAR like that.
  • #10,844
  • Aug 6, 2017 7:08pm Aug 6, 2017 7:08pm
Quoting jmag
Hmm, I guess Andiroo's is the only one I've seen without the SAR like that.
Could be right mate, I'll check and reload when I get a moment, although I've got three separate machines showing the same as my current trade?

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,845
  • Aug 6, 2017 7:23pm Aug 6, 2017 7:23pm
Seems I have the right SAR too (30/12/16), weird?

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,846
  • Aug 6, 2017 8:24pm Aug 6, 2017 8:24pm
Quoting Andiroo
Seems I have the right SAR too (30/12/16), weird? Cheers, Andy
I have the same chart as Andiroo's.
If you make up your own rules then the story is sad.....
  • #10,847
  • Aug 6, 2017 8:42pm Aug 6, 2017 8:42pm
Quoting OliveBranch
{quote} I have the same chart as Andiroo's.
Are you two on demo or live?
  • #10,848
  • Aug 6, 2017 8:44pm Aug 6, 2017 8:44pm
Quoting jmag
{quote} Are you two on demo or live?
Demo(R) UK mate

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,849
  • Aug 6, 2017 8:59pm Aug 6, 2017 8:59pm
Quoting jmag
{quote} Are you two on demo or live?
Demo, Yourself?
If you make up your own rules then the story is sad.....
  • #10,850
  • Aug 6, 2017 9:16pm Aug 6, 2017 9:16pm
Quoting OliveBranch
{quote} Demo, Yourself?
Demo here.
  • #10,851
  • Aug 6, 2017 9:38pm Aug 6, 2017 9:38pm
Quoting jmag
{quote} Demo here.
I completely reloaded the other week when others were having problems as well - just in case.
After the re-loading, charts did not change back then & were correct.
I'm not knowledgeable enough to advise what has/is gone on. Sorry.
If you make up your own rules then the story is sad.....
  • #10,852
  • Aug 7, 2017 1:11am Aug 7, 2017 1:11am
Date: 07/08/17 6.55 GMT EUR/JPY

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

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Up
Last DB Attachment: 131.389 top
Fibo: Down

Notes: The Daily has the 4 horsemen heading north with an open below smooth. Both DB/SAR and both divergence attached at the new high. MACD just below 0. Romar out of trading area. BB’s closing in.

2 HR:
OPEN PRICE – 130.371 – 130.558
ROMAR - Resistance
EMA – Support
PSAR – Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: 130.083 bottom
Fibo: Up

Notes: The 2 hour has the four horsemen turning to head North. Both white and smooth crossed purple. ROMAR and EMA sliding, with market just above. PSAR flip but not set yet. DB/SAR attached on the bottom with LSB divergence, 0 green fib. EMA, MACD Arrows in order for the up. BB’s closing in, top inside the fib.

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 also heading north, turning at the top. BB’s also closing in. market just below romar resistance.

Final Notes for all three charts: the market is in consolidation. H1 H2 romars down horsemen up. Daily both up. H2 Market above ROMAR and EMA with a smooth purple cross.


Entry:
Consolidation:
Long: looking for long off support
Short:

NEWS: no news

Rules: Consolidation so both ways
Open above smooth with purple cross
Arrows in correct order
DB/SAR on the bottom
PSAR flip
No daily resistance
Attached Image (click to enlarge)
Click to Enlarge Name: h2 long off white.PNG Size: 175 KB
Stop killing our Oceans, Stop using single use plastics.
  • #10,853
  • Aug 7, 2017 2:49am Aug 7, 2017 2:49am
FYI: SAR just attached to open bar at 3:45 EST on my chart.
  • #10,854
  • Aug 7, 2017 3:10am Aug 7, 2017 3:10am
Quoting Andiroo
{quote} Entry: Long 1800 EST Candle - spread ok (ish) {image} Cheers, Andy
Result: Woke up to +40TP

Self Evaluation: Very pleased with my trade, shame I couldn't have entered earlier because of the spread but very very happy.


Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,855
  • Aug 7, 2017 4:24am Aug 7, 2017 4:24am
Quoting tullegate
Hello Everyone. Long time no talk. Haven't posted in a few months. Just wanted to come back on this forum and announce that I've quit forex and studying this system. I do not doubt its legitimacy. It's definitely a system that works. However, I think after studying for so many months and not seeing any results, I think God is telling me that this isn't for me and to move on to a new chapter of my life. God wouldn't want me to keep being sad, crying and depressed, and that's what studying forex has done for me for the past year. I know he has other...
Take a breather, and then you will see things with a different light or you will find another path: no matter what, you will feel happier after it.

Best of luck, and as Shaun said, you are very welcomed here.

Pablo.
"Know thyself."
  • #10,856
  • Aug 7, 2017 8:13am Aug 7, 2017 8:13am
Quoting Nikitafen
Date: Sunday August 6 NEWS: No Red news / Orange News: 1:25 PM (EST.) USD - affects all currencies. Daily: ROMAR - Support EMA - Support Psar - Support Checklist: Last MACD 0 Crossing - Down Last EMA Alert Arrow - Up Last DB Attachment - 131.389 Top Last SAR Attachment - 131.389 Top with DB Fibonacci - Red Notes: Daily ranging, ROMAR ranging because it is below the lower band. White sliding under purple. PSAR still holding heavy support. MACd has been slightly below 0 for several weeks. Out of balance with purple. Market will go up or sideways to...
Evaluation: TP hit +40.

A good trade as it was from the bottom going up in consolidation. I was away on a 3 week family trip, but I still managed to study at about the same work ethic as before. This is a habit I do not want to get into, but I took the trade after reloading my Mt4 and created my plan after the trade. If I had made my plan correctly, on time (before the market opened) then I still would have taken the entry. Maybe it would have been better if I went the opposite direction and had a losing trade. This way I wouldn't be conditioning myself to trade without making a plan. Still, I was very confident in my buy entry.

However, I know this fact, so I will not fall into the trap of having too much ego to make a plan, I will always be making a plan - next time, an hour before the NY Close.

I should have mentioned how the Daily EMA held support on Friday's candle. Using the confluence of Daily EMA as support, the DB/SAR attachment on the bottom and the imbalance with purple on the Daily as confluence, I went long. The idea was to enter at the beginning of a new swing rather than the end, and to do from the bottom rather than the middle, and that is what I did.

Not there yet, but closer every week.
  • #10,857
  • Aug 7, 2017 9:49am Aug 7, 2017 9:49am
My chart is exactly the same as Andiroo; he is on Demo and I am Live. Those who are wrong be sure your MT4 Build is at least 1090. If not then you have to redo the MT4.
The Dove - Forex Trainer
  • #10,858
  • Aug 7, 2017 9:55am Aug 7, 2017 9:55am
Quoting Andiroo
{quote} Result: Woke up to +40TP Self Evaluation: Very pleased with my trade, shame I couldn't have entered earlier because of the spread but very very happy. Cheers, Andy
The entry was correct - always be sure there is enough pips for the 61.8 and the 23.6. In other words do not worry about the spread as long as the pips are there.
The Dove - Forex Trainer
  • #10,859
  • Aug 7, 2017 9:59am Aug 7, 2017 9:59am
[quote=dove_alliance;10163799]My chart is exactly the same as Andiroo; he is on Demo and I am Live. Those who are wrong be sure your MT4 Build is at least 1090. If not then you have to redo the MT4.[/quote
When I switched to my live account my chart corrected itself. A demo fluke apparently. Good to know live is ok.
  • #10,860
  • Aug 7, 2017 9:59am Aug 7, 2017 9:59am
Quoting Nikitafen
{quote} Evaluation: TP hit +40. A good trade as it was from the bottom going up in consolidation. I was away on a 3 week family trip, but I still managed to study at about the same work ethic as before. This is a habit I do not want to get into, but I took the trade after reloading my Mt4 and created my plan after the trade. If I had made my plan correctly, on time (before the market opened) then I still would have taken the entry. Maybe it would have been better if I went the opposite direction and had a losing trade. This way I wouldn't be conditioning...
Always create a plan before pulling the trigger. A trading plan will give you the whole picture in things you may have missed without one. Being over confident is a killer for a trader. You always want to be sure there is no risk factor for any trade.
The Dove - Forex Trainer
10 traders viewing now