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The Paradox System

  • #12,681
  • Jan 7, 2018 3:17am Jan 7, 2018 3:17am
Quoting razieldont
I had my brain aching trying to figure out and comprehend this system As far as I am concerned I didn't really catch what to do but I believe the philosophy of the system is legit and true Can anyone please have the kindness to simplify and explain the rules WHEN TO ENTER WHEN TO EXIT....I feel sad that I can't take profit of such a potentially wonderful mechanism
This is what you need to do.

Decide if you have 6 months + of time to invest in intense learning. Decide if you can open your mind and trust in new concepts fully and have faith. Decide if you can forget everything else you have learnt before in regards to trading and start fresh.

If you can do all that then continue.

Start from page one and get the system setup correctly with the correct broker. Read the first few pages until you know the absolute basics off by heart.

Then create category folders at a top level. Example: full blown uptrend, full blown downtrend, consolidated uptrend, ranging you follow?

Read every single post in this topic and as you go place the correct rules for the corresponding scenario into the folders I just mentioned with screenshots. Rule 1, rule 2 etc. Create walk throughs, what is a swing, what is a reversal, what is a double top and put these into the correct scenario folders with screenshots.

Learn as you go and re read everything. Dont worry as you go if there are gaps, just use another document to track things you dont understand and tick them off as your progress through the 600 odd pages.

This isnt a signal trading system, its not a quick system to learn, the Paradox is the way to trade if you want to become a professional trader full time as a business. There will be times when fustration sets in, take a deep breath have a break and then continue.

*Important*
Backup all your work, everything. Not just to a USB drive in your home, but offsite with a cloud provider, onedrive, google drive for example. Fire can and does happen.

Good luck my friend and thank Dove
Never Give Up
  • #12,682
  • Jan 7, 2018 8:00am Jan 7, 2018 8:00am
Hi to all on the thread and thank you Dove alliance for sharing such great knowledge, I have been reading from first post and by about late 40's had a good idea of how things worked.
Although daunting at first, seeing what I could only call chaos , with time, has turned out a road map, it takes time, time to make sense of things and if you take the time, you will be surprised.
One thing I done was to put this system on the strategy tester (ST) from here I followed how the system rolled along, doing this changed my view of the chaos, things became more clear, couple this with a few printouts of rules and bingo, things were falling into place, viewing the system on a static chart has it's limitations but seeing it perform quickens the learning process.
What you cannot get from running the ST is the "Trading system", you only get a visual of how lines,indicators,support,resistance etc.. plays out, it's worth it if you cannot see the wood for the trees, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #12,683
  • Jan 7, 2018 8:14am Jan 7, 2018 8:14am
Can I please ask the moderators at what point will I be able to post real time?, my intentions are good I can assure you, thanks, Detector
I don't need to be good at the game, only good enough to beat my opponent,
  • #12,684
  • Jan 7, 2018 11:33am Jan 7, 2018 11:33am
Quoting detector
Can I please ask the moderators at what point will I be able to post real time?, my intentions are good I can assure you, thanks, Detector
To begin with - you never, ever trade a live account until you are at 80% wins with the 40/40 rule. This is the reason why traders go bankrupt on any system. Next - you begin trading the system with postings of a trading plan accordingly with the rules. If you have not spent time on learning how to post trading plans, and the rules with the postings, then do so before making any posting of a trade. You also need to be sure your charts are correct. And you can do this by posting an H2 chart and one of us will will hep you to be sure the charts are correct.

We welcome you aboard and pray the very best for you.
The Dove - Forex Trainer
  • #12,685
  • Edited 12:18pm Jan 7, 2018 11:49am | Edited 12:18pm
Quoting dove_alliance
{quote} To begin with - you never, ever trade a live account until you are at 80% wins with the 40/40 rule. This is the reason why traders go bankrupt on any system. Next - you begin trading the system with postings of a trading plan accordingly with the rules. If you have not spent time on learning how to post trading plans, and the rules with the postings, then do so before making any posting of a trade. You also need to be sure your charts are correct. And you can do this by posting an H2 chart and one of us will will hep you to be sure the charts...
Hello Dove Alliance, sorry for the confusion, with being a new member to FF my posts are hand moderated until such time I'm deemed "genuine" for a better word, please disregard the post 12,687 it was for moderators to see,(did try help section) my thought was they would see it and not make it public, it looks like they have given me some credibility to post, probation over.
I have looked and printed out some major rules and methods that I will have on hand to just observe the market for now but due to work commitments, I will be away for a while but will catch up when I return, excellent reading by the way, your one in a million, D
EDIT
Forgot to say thank you for the warm and kind welcome
Attached Image(s) (click to enlarge)
Click to Enlarge Name: para2.png Size: 66 KB
Click to Enlarge Name: para3.png Size: 47 KB
Click to Enlarge Name: para4.png Size: 55 KB
I don't need to be good at the game, only good enough to beat my opponent,
  • #12,686
  • Jan 7, 2018 12:14pm Jan 7, 2018 12:14pm
Quoting detector
{quote} Hello Dove Alliance, sorry for the confusion, with being a new member to FF my posts are hand moderated until such time I'm deemed "genuine" for a better word, please disregard the post 12,687 it was for moderators to see,(did try help section) my thought was they would see it and not make it public, it looks like they have given me some credibility to post, probation over. I have looked and printed out some major rules and methods that I will have on hand to just observe the market for now but due to work commitments, I will be away for...
To begin with I had made it very clear within those 40 pages you had read not to add or take away any of the indicators from this system. The reason is because this system with the indicators are not standard. Each indicator works with one another as one unit. If you take away one indicator or add a standard indicator then you had corrupted the system, and will not work as it was created to work.

Next - it is apparently you did not read the very first post or you would had the correct SAR. It is also apparent you did not read in how to set up your charts because the spread on the chart is not correct plus; you are with the wrong broker.

So I suggest you go back and read EVERYTHING in setting up your charts. That means delete everything and start over in setting up correctly. The chart you had just posted is by no-means correct.
The Dove - Forex Trainer
  • #12,687
  • Jan 7, 2018 12:19pm Jan 7, 2018 12:19pm
Quoting Retrogue
{quote} This is what you need to do. Decide if you have 6 months + of time to invest in intense learning. Decide if you can open your mind and trust in new concepts fully and have faith. Decide if you can forget everything else you have learnt before in regards to trading and start fresh. If you can do all that then continue. Start from page one and get the system setup correctly with the correct broker. Read the first few pages until you know the absolute basics off by heart. Then create category folders at a top level. Example: full blown uptrend,...
A very good post and I appreciate it. I also hope the traders will take to heart in your perspective. Thank you.
The Dove - Forex Trainer
  • #12,688
  • Jan 7, 2018 12:30pm Jan 7, 2018 12:30pm
Quoting Retrogue
Hello everyone, I hope you had a Merry Christmas and a Happy New Year. Where do I start – I suffered a life changing event last summer. Everything just stopped and trading completely disappeared from my life. Barely was able to hold a job down and pay the mortgage. However, in the past few months I reached out and with help managed to get everything back together and life on track. I haven’t traded since it happened, let alone been able to study and keep up with everyone. I’m now at a point where I'm ready to jump back into the Paradox and continue....
I often wondered what happen to you. I thought maybe you had what you needed and move on with a life as a trader. I believe it has been a year since your last posting and it is good seeing you back again. I am also happy for you in getting back on track. I for one know how difficult life can be without mercy. God bless you and God be with you.
The Dove - Forex Trainer
  • #12,689
  • Jan 7, 2018 12:34pm Jan 7, 2018 12:34pm
Quoting dove_alliance
{quote} To begin with I had made it very clear within those 40 pages you had read not to add or take away any of the indicators from this system. The reason is because this system with the indicators are not standard. Each indicator works with one another as one unit. If you take away one indicator or add a standard indicator then you had corrupted the system, and will not work as it was created to work. Next - it is apparently you did not read the very first post or you would had the correct SAR. It is also apparent you did not read in how to set...
Thanks, first rule of a teacher, never make a willing student look like a fool in front of other students, will politely say goodbye and wish you all well in your trading, God bless
I don't need to be good at the game, only good enough to beat my opponent,
  • #12,690
  • Jan 7, 2018 1:00pm Jan 7, 2018 1:00pm
Quoting detector
{quote} Thanks, first rule of a teacher, never make a willing student look like a fool in front of other students, will politely say goodbye and wish you all well in your trading, God bless
I appreciate your logic - The problem is I did see your H2 chart you had first posted; and then re-posted with the charts that are now display. If you want to say goodbye then that is your prerogative and wish you well.
The Dove - Forex Trainer
  • #12,691
  • Jan 7, 2018 1:37pm Jan 7, 2018 1:37pm
Quoting dove_alliance
{quote} I appreciate your logic - The problem is I did see your H2 chart you had first posted; and then re-posted with the charts that are now display. If you want to say goodbye then that is your prerogative and wish you well.
Quite the opposite, I would like to stay, I've spent a lot of time reading over this thread, I've taken the time to set up the charts, wrong maybe, but haven't bombarded the board, tried my best and in my view done ok, taken the time to set this up in the ST, sat and watched all the way through from 2015, eventually the penny dropping then putting a constructive post to maybe help others experience what I have, in the way I have, introduced myself to the board, post my charts as you asked, (to show my willingness) to be met with nothing short of ridicule, who else got it right the first time, in my book, encouragement was needed, "looks like some of the indicators are missing or not set up correct, maybe go back and reinstall them and we will check them over"
Sorry but I'm sensitive like anyone else, what you deliver in print is not necessarily received as you meant it.
I would like stay and make a go of the system.
I don't need to be good at the game, only good enough to beat my opponent,
  • #12,692
  • Jan 7, 2018 1:54pm Jan 7, 2018 1:54pm
Quoting detector
{quote} Quite the opposite, I would like to stay, I've spent a lot of time reading over this thread, I've taken the time to set up the charts, wrong maybe, but haven't bombarded the board, tried my best and in my view done ok, taken the time to set this up in the ST, sat and watched all the way through from 2015, eventually the penny dropping then putting a constructive post to maybe help others experience what I have, in the way I have, introduced myself to the board, post my charts as you asked, (to show my willingness) to be met with nothing...
I never take anything for granted which means I can be wrong until I know otherwise. I am here to see every trader becomes the best they can be. But I also know every trader will not make it. So lets start over again. And you can start by getting your charts right. You cannot trade the Paradox without the charts being true to the source. Being sensitive means do not look for any special consideration. Being a great trader is one without fear which is a root of sensitivity. If I say things that may upset you then take it as being positive in helping you to reach your goal of being one of the 5%.

So lets begin with getting your charts right and the charts you posted above are not right or correct. And you are the only one that can get them right by installing then accordingly as instructed.
The Dove - Forex Trainer
  • #12,693
  • Jan 7, 2018 2:23pm Jan 7, 2018 2:23pm
Ok, thank you, reinstalled indicators,templates and converter and posted them, the only problem I may have is with the broker, this is my live account but if that can be overlooked for the moment, is all in order? I will change the ROMAR to a solid white line, it makes it easier to recognise, also will change bars to candles, again, it's a little more easy on my eyes.
My eagerness is the stick brought back after it's thrown.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: para2.png Size: 70 KB
Click to Enlarge Name: para3.png Size: 71 KB
Click to Enlarge Name: para4.png Size: 62 KB
I don't need to be good at the game, only good enough to beat my opponent,
  • #12,694
  • Jan 7, 2018 2:45pm Jan 7, 2018 2:45pm
Quoting detector
Ok, thank you, reinstalled indicators,templates and converter and posted them, the only problem I may have is with the broker, this is my live account but if that can be overlooked for the moment, is all in order? I will change the ROMAR to a solid white line, it makes it easier to recognise, also will change bars to candles, again, it's a little more easy on my eyes. My eagerness is the stick brought back after it's thrown. {image} {image} {image}
I am the benchmark of this system and been trading the Paradox since 1975 and am a very successful trader and others on this thread are also very successful with trading the Paradox. I have been here on the FF for 2 years teaching traders how to trade; and I tell you right now I do not break the rules of the Paradox or as a trader. And no one on this thread trades a live account while learning until they are 80% with the 40/40 rule. Your charts are wrong - you do not have the right SAR or the right broker and your spread is not correct. I overlook nothing trader, and If you do not like what I am saying then you can leave and forget it. There is only ONE way in trading the Paradox and you wanting it your way is not the right way. Period.
The Dove - Forex Trainer
  • #12,695
  • Jan 7, 2018 3:19pm Jan 7, 2018 3:19pm
Quoting dove_alliance
{quote} I am the benchmark of this system and been trading the Paradox since 1975 and am a very successful trader and others on this thread are also very successful with trading the Paradox. I have been here on the FF for 2 years teaching traders how to trade; and I tell you right now I do not break the rules of the Paradox or as a trader. And no one on this thread trades a live account while learning until they are 80% with the 40/40 rule. Your charts are wrong - you do not have the right SAR or the right broker and your spread is not correct....
Well I wasn't expecting that, I done as asked, straight away too, the fact it's a live account means nothing, doesn't mean I was trading live, in this case honesty has worked against me, more observation than anything, but I did say my intent was to observe.
Ok, consider your authority asserted.
My only defence, I done as asked, I asked if the charts were right, I never asked to change the system or brake the rules, I have my answer, there wrong because I'm not using correct broker with the right prices, so it looks like for now, I cannot trade the system until I switch brokers, how hard was that?
I don't need to be good at the game, only good enough to beat my opponent,
  • #12,696
  • Jan 7, 2018 4:20pm Jan 7, 2018 4:20pm
Quoting detector
{quote} Well I wasn't expecting that, I done as asked, straight away too, the fact it's a live account means nothing, doesn't mean I was trading live, in this case honesty has worked against me, more observation than anything, but I did say my intent was to observe. Ok, consider your authority asserted. My only defence, I done as asked, I asked if the charts were right, I never asked to change the system or brake the rules, I have my answer, there wrong because I'm not using correct broker with the right prices, so it looks like for now, I cannot...
Hi

You come across as someone with a really bad attitude mate, that might not be true but your acting like your doing us a favour by being here. Not the best start when people are willing and able to help you.

Cheers

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,697
  • Jan 7, 2018 4:21pm Jan 7, 2018 4:21pm
Hello Everyone

I am back trading now properly this week, so will get around to answering the pm's I have!

Wishing you all a great year!

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,698
  • Jan 7, 2018 4:23pm Jan 7, 2018 4:23pm
TRADING PLAN
Date: 1/8/2018

News: none

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:

Last MACD 0 crossing : Up
Last EMA Alert Arrow : Up
Last DB Attachment: DB/SAR at top 136.627 with
Fibo : Down

Notes: D1 is Uptrend with Fibo Down, DB attached on top with Both Divergence, Open above Purple Support

4 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Last DB/SAR Attachment: DB attached on top 136.627 with Both Divergence, and SAR attached on bottom 135.964 between EMA and PSAR Support
Fibo : Down

Notes: Uptrend, SAR attached on EMA Support, White has crossed Purple

2 HR:
ROMAR - Support
EMA -Support
PSAR - Resistance

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: DB/SAR attached on bottom 135.964 with Gold divergence
Fibo : Down

Notes: Uptrend consolidation, Market open with Gap Up, MACD alert appeared before EMA. Lower BB about to get in trading area

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

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Fibo : Down

Notes: Market hit lower BB and ROMAR out of trading area, 4 horsemen downtrend

Final Notes : Market in consolidation with D1 is strong uptrend, H2 H4 on retracement (Macd and EMA alert not in correct order). DB appeared on H2 Bottom and SAR appeared on H4 Bottom

Projected Entry : Long at Support (H1 Lower BB/ROMAR, H2 DB attached with Divergence and FIbo 38.2, D1 Purple Support)
I Will Never Give Up
  • #12,699
  • Jan 7, 2018 5:02pm Jan 7, 2018 5:02pm
Quoting shinny
{quote} Hi You come across as someone with a really bad attitude mate, that might not be true but your acting like your doing us a favour by being here. Not the best start when people are willing and able to help you. Cheers Shaun
I've conducted myself in a proper manner Shaun, If you can pick out any part of my posts that contains attitude, I will gladly accept it, my intentions were and still are good, from starting out on this thread I have done as asked have I not, I see the work that Dove has put in, for free may I add and hole hearted, appreciate his sharing of it, like all who have commented, I don't quite understand how being here can be of anyone else's benefit but my own, your next comment will be, "I'm not getting into this but do us all a favour" and I will, it's comments like yours that bring out the worst in people, but not today in me, the fact you called me "mate" says it all, you cannot fault what I've said and you certainly won't back up anything I've said as that will go against the grain, and liking of any of my posts will not happen either, I wish you all well on your trading, I will not comment anymore but will view, it's an exciting system that I may not be able to interact on but can look on, D
I don't need to be good at the game, only good enough to beat my opponent,
  • #12,700
  • Edited 7:23pm Jan 7, 2018 5:37pm | Edited 7:23pm
Daily:
ROMAR - S
EMA - S
PSAR - S

Check List:
Balance : 15
Last MACD 0 crossing : up
Last EMA Alert Arrow : up
Last DB Attachment: up
Fibo up or down: Down

Notes: uptrend
Daily is uptrend withe 4 horsemen up
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproDaily-0108.png Size: 68 KB


4 HR:
ROMAR - S
EMA - S
PSAR - S

Last DB/SAR Attachment: DB attach at top on fibo 0 with divergence , SAR attach above parabolic below fibo 23.6.
Fibo up or down: down

Notes: consolidation
Purple cross white at smooth.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH4-0108.png Size: 64 KB



2 HR:
ROMAR - S
EMA - S
PSAR - R

Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: down
Last DB Attachment: down above fibo 38.2
Fibo up or down: down

Notes: consolidation
P at EMA ready to cross with Smooth cross White, PSAR flip. DB/SAR attach at fibo 38.2 with hidden divergence.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2-0108.png Size: 77 KB


1 HR:
ROMAR - S
EMA - R
PSAR - R

Check List:
Last MACD 0 crossing: dwon
Last EMA Alert Arrow: down
Fibo up or down: down

Notes: consolidation, swing down
4 horsemen down, romar is out of BB.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH1-0108.png Size: 57 KB


Final Notes :
trend or consolidation : Consolidation

Daily is in trend , and open on P. In H4 the SAR attach above the PSAR, and that tell me the next connection would connect with DB. H2 is going to consolidation, EMA is rady to cross purple. Within consolidation, It can trade both long and short.For short, I'll wait Purple cross and entry near PSAR. for the gap to ROMAr is more than 40 pips. For Long , It'll be good in ROMAR.


Projected Entry :
Short ：at PSAR (EMA cross purple )
long : support ( White cross Purple, EMA slider , and PSAR flip in H1, if it near ROMAR support area would be much better)
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