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The Paradox System

  • #11,521
  • Oct 19, 2017 3:23am Oct 19, 2017 3:23am
Thanks mate, rebooted again, seems ok now.
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #11,522
  • Oct 19, 2017 3:25am Oct 19, 2017 3:25am
my favourite......... hope this helps guys.
Attached Image (click to enlarge)
Click to Enlarge Name: short sarpsar pwx.PNG Size: 65 KB
Stop killing our Oceans, Stop using single use plastics.
  • #11,523
  • Oct 19, 2017 4:51am Oct 19, 2017 4:51am
Quoting shinny
Hello Traders i have had the last 2-3 weeks off sorting our removal stuff out. Glad to say it’s all done now so looking forward to spending some time on the forum. All the best. Shaun
Welcome back!! I have been studying a lot in the background and Dove has made some incredible posts lately. Glad to have another expert trader back.

Regards,
John
The quieter you become, the more that you can hear.
  • #11,524
  • Edited 9:00am Oct 19, 2017 8:36am | Edited 9:00am
Hi fellow traders just a piece of advise to some who are still lost, write your journey with the paradox. This system never cease to amaze me and this is one of the best system in the world you can ever have. It took me sometime to throw away every garbage ive learned to some mentors who teaches price action. When I was a newbie trader Ive been taught price action and wait for confirmation. With the paradox you dont need confirmation! just with every hit of the indicators you will always be a winner and always early in the game. The paradox knows before the market even knows it! Thanks be to God for this awesome system and probably the best in the world! Here are some example that ive experienced with the paradox, I screenshot every winning trade and put to shelves everything that is happening in the paradox and every time I encounter it I will make an entry with the hit and make my 40 with in the day. I called it:

Paradox experience, mysteries, power and confluence
2hr Psar hit and sync on the 4hr ema hit - entry for a winning trade
1hr psar hit and sync on the 2hr ema hit - entry for a winning trade winning trade
2hr Psar hit and sync on the 4hr ema - ema romar should be in sync
1hr Psar hit and sync on the 2hr ema - ema romar should be in sync
during news when white smooth ema cross purple on h1, and when h2 ema hasnt cross purple enter on psar hit on H2 - entry for a winning trade
2hr romar hit and 4hr romar hit - winning trade
2hr romar 4 hr romar daily ema hit - entry for a winning trade - These are just some I witness with the paradox!

Thats why I really do believe with Dana that forex made him wealthy through the help of the holy spirit. The only problem with the paradox is not everyone can see and use it and if your heart ain't right "YOU WILL FAIL" in the paradox !
To reach that level of determination is a matter of the will.
  • #11,525
  • Oct 19, 2017 11:08am Oct 19, 2017 11:08am
Hi guys, i have a theoretical question as the rule is do not leave opened positions during weekends:
If in some occasion i could not close my long trade on Friday (leaving my SL at price level letīs say 100.00) and on Monday we have a price gap to letīs say on level 50.00. Will i loose money to my stop limit or will i lose money to price level 50.00? Also what happens in case i have a negative on 50.00? I assume the broker will charge my bank account?

P.S.: Thanks Dove for your time and your generous gift, i am learning something new from your thread everyday.

peace and nice pips to all,

linadze
  • #11,526
  • Oct 19, 2017 11:30am Oct 19, 2017 11:30am
Quoting linadze
Hi guys, i have a theoretical question as the rule is do not leave opened positions during weekends: If in some occasion i could not close my long trade on Friday (leaving my SL at price level letīs say 100.00) and on Monday we have a price gap to letīs say on level 50.00. Will i loose money to my stop limit or will i lose money to price level 50.00? Also what happens in case i have a negative on 50.00? I assume the broker will charge my bank account? P.S.: Thanks Dove for your time and your generous gift, i am learning something new from your thread...
One critical aspect of what you are asking is money management.. I for one will not leave an open trade over the weekend. Even with a 100 pip SL you are always at risk.

If I'm on the right trade Friday going long, and looking to capture more pips on Sunday; I will close that trade before closing on Friday. With Sunday"s opening and there was a gap down and my trade is up I will make entry to close the gap. If the gap was up and my trade was up I will wait for the gap to close before re-entering; and looking for the possible long; and vice-versa with the short. This way I cut my risk to zero. The goal is never risk with losing money.
The Dove - Forex Trainer
  • #11,527
  • Oct 19, 2017 12:00pm Oct 19, 2017 12:00pm
Yes, sir, this i understand 100%

Question from your personal life (sorry for entering your private zone..) before you created Paradox - did you blow any account as i read somewhere that you learned money management the hard way... As for me - i only have lost bonus money account...

best regards,
linadze
  • #11,528
  • Oct 19, 2017 12:22pm Oct 19, 2017 12:22pm
Quoting linadze
Yes, sir, this i understand 100% Question from your personal life (sorry for entering your private zone..) before you created Paradox - did you blow any account as i read somewhere that you learned money management the hard way... As for me - i only have lost bonus money account... best regards, linadze
Before the Paradox I was blowing accounts one after another. And yes - I had to learn the hard way like most traders do. This is why I am hard on traders that do not use Demos until they are ready for a live account with 80% winning rate using the 40/40 rule.
The Dove - Forex Trainer
  • #11,529
  • Oct 19, 2017 12:39pm Oct 19, 2017 12:39pm
Quoting TraderMarcos
Hi fellow traders just a piece of advise to some who are still lost, write your journey with the paradox. This system never cease to amaze me and this is one of the best system in the world you can ever have. It took me sometime to throw away every garbage ive learned to some mentors who teaches price action. When I was a newbie trader Ive been taught price action and wait for confirmation. With the paradox you dont need confirmation! just with every hit of the indicators you will always be a winner and always early in the game. The paradox knows...
Hi TraderMarcos,
I see that you are understanding and love the parabolic trades with the chfjpy. I also notice that the pair you chose does very much respect the parabolic. I've chosen to trade only the eurjpy after extensive research and found that it's stability is stretched across the entire forex market and will remain my pair but I enjoy glancing at the chfjpy because of its different structure.

In my research of the paradox system I have also come to the conclusion that the understanding of the Db/Sar and fibo are the keys to the paradox hands down. But it sure takes a lot of study to start seeing the big picture. I absolutely love when db and sar are seperate at the top/bottom of fibo then Sar detaches then goes up or down for another attachment at lower high or higher low, then fulfills its prophecy with db and Sar completed. This system is incredible. Thanks for sharing those scenarios.
The quieter you become, the more that you can hear.
  • #11,530
  • Oct 19, 2017 1:21pm Oct 19, 2017 1:21pm
Quoting jakdan
my favourite......... hope this helps guys. {image}
Do me a favor Jakdan and that is post the whole trading plan. This way the traders might learn something from your trading plans. Thank you.
The Dove - Forex Trainer
  • #11,531
  • Oct 19, 2017 2:23pm Oct 19, 2017 2:23pm
Quoting dove_alliance
{quote} Do me a favor Jakdan and that is post the whole trading plan. This way the traders might learn something from your trading plans. Thank you.
Dana, Will do.
lately my plans are very messy as im adding notes on a constant basis so i was thinking they may distract from what they actually mean, if that makes sense.

they look like Egyptian hieroglyphics by the end of the day.
Stop killing our Oceans, Stop using single use plastics.
  • #11,532
  • Oct 19, 2017 2:39pm Oct 19, 2017 2:39pm
Thank you to all for this nice system.
  • #11,533
  • Edited 10:59pm Oct 19, 2017 5:38pm | Edited 10:59pm
Trading Plan 2017/10/19

Daily:
ROMAR - Support
EMA - Support
Parabolic - Support

Checklist:
Last MACD 0 Crossing - Up
Last EMA Alert Arrow - Up
Last DB Attachment - Top
Last SAR Attachment - Top with DB
Fibonacci - Red

H4:
ROMAR - Support
EMA - Support
Parabolic - Support

Checklist:
Last DB Attachment - Top
Last SAR Attachment - Bottom of 0800 bar
Fibonacci -Red

H2:
ROMAR -Support
EMA - Support
Parabolic - Support

Checklist:
Last MACD 0 Crossing - Down
Last EMA Alert Arrow - Up
Last DB Attachment - Top of 0600 bar
Last SAR Attachment - Top of 2000 bar
Fibonacci - Red

H1:
ROMAR -Support
EMA - Support
Parabolic - Support

Checklist:
Last MACD 0 Crossing - down


Final Notes: DailyDB/SAR on top, Red fib, BB starting to open up but not alot of room to upper band.. 4H DB/SAR on top, (Sar showing lower but will connect with DB lower) Red fib, Purple X White.. 2H DB on top of 0600 bar, SAR on top of 2000 bar, (DB with SAR will connect lower)
At 2200 bar open I would have shorted but 1H is not in Consolidation yet so have to wait till 1H is in sync with 2H.. Will check the charts again at the next Daily bar for confluence.

Entry; short at 0200 bar
Green divergence on Daily, 4H, 2H... DB On top of Daily, DB with SAR on top of 4H, DB with SAR on top of 2H... 2H BB flat... 40+ pips to 2H 23.6... 40+ pips to 1H PSAR

2H
https://charts.mql5.com/16/482/eurjp...ital-forex.png




Cheers

Devon
  • #11,534
  • Edited 6:33pm Oct 19, 2017 6:03pm | Edited 6:33pm
Quoting SolitudeFx
{quote} Hi TraderMarcos, I see that you are understanding and love the parabolic trades with the chfjpy. I also notice that the pair you chose does very much respect the parabolic. I've chosen to trade only the eurjpy after extensive research and found that it's stability is stretched across the entire forex market and will remain my pair but I enjoy glancing at the chfjpy because of its different structure. In my research of the paradox system I have also come to the conclusion that the understanding of the Db/Sar and fibo are the keys to the paradox...
I still look on EURJPY. CHFJPY move in correlation with EURJPY with just a different environment. Like Shinny, I trade GBPUSD because of my time where I live, lately all my winnings come from the sterling and that just about it I dont look on any other pairs at all. The only difference and concern with CHFJPY between EURJPY is the pip movement, you're 40 pip daily with CHFJPY will not always be hit, so you need to adjust it with only 30 pip on occasion and I really feel bad because the rule is 40. So Im considering concentratin with the pounds on an easy 40 pip a day and it is just a squat because it moves 100+ pip daily. And I practice discipline in the paradox, daily plan is a must before pulling the trigger and I set my alarm everyday at 5:00 am in the morning (my time) I wake up just to reboot mt4 (it doesnt matter if Im still lack of sleep I will get up no matter what) and I will go back to sleep after the daily trading plan is done, once I am awake I will make re-adjustments in my trading plan. Im a chrisitian and Im proud of it thats why my faith and belief in the paradox is so big and so overwhelming.
To reach that level of determination is a matter of the will.
  • #11,535
  • Oct 19, 2017 6:16pm Oct 19, 2017 6:16pm
Quoting dove_alliance
{quote} OK Six.... I could go through all the negativity of being a trader but one thing stands out the most. "Traders analyze too much." They think this; and think that - then analyze all their thoughts and end up being wrong. Even with a 50/50 chance of being right. If you had really read this thread and taken notes, you would had seen the big picture with your trade. Many times I have shown how the SAR will work from trade to trade. It was all there on the H2 chart. On the bottom of the Fibo was green with the DB/SAR and Divergence attached....
Thank you so much for your explanation. I will try not to analyze, and just trade what the paradox is telling me from everything that has been written before.
  • #11,536
  • Oct 19, 2017 6:27pm Oct 19, 2017 6:27pm
Quoting TraderMarcos
{quote} I still look on EURJPY. CHFJPY move in correlation with EURJPY with just a different environment. Like Shinny, I trade GBPUSD because of my time where I live, lately all my winnings come from the sterling and that just about it I dont look on any other pairs at all. The only difference and concern with CHFJPY between EURJPY is the pip movement, you're 40 pip daily with CHFJPY will not always be hit, so you need to adjust it with only 30 on occasion and I really feel bad because the rule is 40. So Im considering concentratin with the pounds...
Oh yes the gbpusd. Another great pair. I flirted with that pair a bit but eventually came back to the eurjpy. Personal preference.

One thing I've noticed in the forex market is that every Euro pair the Eur is in front and every jpy pair the yen is the in the back. There is no other pair that does this with the positioning which is very unique. I've personally thrown all the charts up at one time and watched the market move and when the Eurjpy stands still it's because the eur pairs are pushing one way and the jpy pushing the other which also relates to every currency along with it hence the whole market's snapshot.

When either the eur or jpy pairs give in to one another is when the move happens. And this move is based on every pairs relationship with the eur and jpy, hence making it the most stable pair that I've seen. If the market is moving then that move will spill over to eurjpy. And if it stands still then the E/J will stand still. Very interesting watching the breakouts when the one side defeats the other.

Regards,
John
The quieter you become, the more that you can hear.
  • #11,537
  • Oct 20, 2017 10:50am Oct 20, 2017 10:50am
Hello Dana, Shaun, and fellow traders,


I don't see any posted entries for today so, I thought I would share my plan and entry with EU. If you are new to the thread or still learning please continue to post with regards to the EJ only! I hope it helps any one who may be struggling.


Trade well,

Chad




Session Sydney: EUR-USD 10/19/2017
Daily: Open at previous day close.
ROMAR: Support
EMA: Support
Parabolic: Eliminated
Notes: Purple crossed White and Smooth down. EMA holding support. DB / SAR up with Magenta and Green Divergence attach at 50.0 FIBO. SAR attach down below 23.6 FIBO. Trend EMA arrow up. MACD zero cross arrow up. FIBO up.
H2
ROMAR: Support
EMA: Support
Parabolic: Eliminated
Notes: Purple crossed White and Smooth down. DB / SAR up with Magenta and Green Divergence attach at 0.0 FIBO. SAR attach for the up at 38.2 FIBO just above ROMAR. Trend EMA arrow down. MACD zero cross arrow down. FIBO down.
H1
ROMAR: Support
EMA: Resistance
Parabolic: Resistance
Notes: EMA crossed Purple, White down.

Final Notes: H1 turning down with ROMAR holding support. H2 turning down with ROMAR holding support. Daily in consolidated up, trend with EMA holding support. Market is in a consolidated up, trend. H2 and Daily DB / SAR on top with Green and Magenta Divergence attached, next DB connections must be down. H2 lower BB is inside FIBO 69 pips down from entry as target for the market. I will enter short position on H2 04:00 open candle below PSAR.

Adjustments:

Short: Entered short position on H2 04:00 open candle 3 pips below PSAR. Set TP +40 SL 40.

Result: Took +40 from the market.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 505 KB
  • #11,538
  • Oct 20, 2017 11:03am Oct 20, 2017 11:03am
Quoting Hendo
....Final Notes: H1 turning down with ROMAR holding support. H2 turning down with ROMAR holding support. Daily in consolidated up, trend with EMA holding support. Market is in a consolidated up, trend...{image}
Hi Hendo, my 2 cents does not count as i am still learning but 2 things to mention:

1. It is not recommended to post here other charts than EU/JPY.

2. Although you got your pips but i would not go short for three reasons:

1) too many supports below (ROMAR the main one), 2) PSAR was already eliminated and does not count as resistance, 3) SAR could go up...

Anyway that is my understanding but again i am still learning and still cannot trade properly in the moment.

regards,
linadze
  • #11,539
  • Oct 20, 2017 11:09am Oct 20, 2017 11:09am
Quoting linadze
{quote} Hi Hendo, my 2 cents does not count as i am still learning but 2 things to mention: 1. It is not recommended to post here other charts than EU/JPY. 2. Although you got your pips but i would not go short for three reasons: 1) too many supports below (ROMAR the main one), 2) PSAR was already eliminated and does not count as resistance, 3) SAR could go up... Anyway that is my understanding but again i am still learning and still cannot trade properly in the moment. regards, linadze
Your 2 cents worth is way out of line.
The Dove - Forex Trainer
  • #11,540
  • Oct 20, 2017 11:16am Oct 20, 2017 11:16am
Quoting dove_alliance
{quote} Your 2 cents worth is way out of line.
Hello Dove. Yesterday we had a similar situation with EU/JPY - the price bounced up from ROMAR and went higher than 100 fibo. What i meant is that the short was taken too close to ROMAR

regards,
linadze
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