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The Paradox System

  • #12,721
  • Jan 9, 2018 12:56pm Jan 9, 2018 12:56pm
Quoting dove_alliance
So everyone understands what I am talking about with kouchou trade - when he first posted his trading plan he mistakenly posted the wrong charts he crated. I have no idea if anyone else had seen what I did; and that was all 4 charts he posted with his trading plan had the trigger already pulled and showing a buy already in a losing mode. And then he changed those charts showing what they are now.
Dove, you are a VERY good teacher. Never miss a trick. Sometimes i'm too slow or just plain too trusting....
I don't know how the great teachers that grace this planet all around us manage to see everything and do what it is that they excel at. It's almost a mystery to me.
I'm glad and grateful to be with you & under your instruction - in the right place, at the right time, with the right people.
Thankyou.
If you make up your own rules then the story is sad.....
  • #12,722
  • Jan 9, 2018 8:55pm Jan 9, 2018 8:55pm
Today's Trade +40

DATE: 1-9-18 PAIR: EJ
DAILY:
ROMAR: Support
EMA: Support
PSAR: Eliminated
4Horsemen: Purple @ Smooth
Balance: One Bar Out
Last MACD 0 Crossing: Dn
Last EMA Alert Arrow: Dn
Last DB Attachment: Bottom, Support/Up
Fibonacci: Down
Notes: Uptrend: Mkt is swinging & @ 50 Fib, Support, DB attached to present bar, MCAD crossed down present bar, ROMAR is Support, Smooth is Resistance

H4:
ROMAR: Resistance (with EMA crossing next bar)
EMA: Resistance
PSAR: Resistance
Last DB Attachment: Bottom, Support/Up
Fibonacci: Up heading for 23.6
Notes: Consolidated Dntrend in process of becoming full Dntrend: DB is Support with Standard Divergence, EMA is Resistance

H2:
ROMAR: Resistance
EMA: Resistance
PSAR: Resistance
4Horsemen: Purple has crossed White, Up
Balance: Two Bars Out
Last MACD 0 Crossing: Dn
Last EMA Alert Arrow: Dn
Last DB Attachment: Below with both Div Lns & Gn Price Box (swinging up to Resistance), DB is Support, EMA is Resistance
Fibonacci: Up
Notes: DnTrend: Mkt swinging up toward EMA/23.6 Resistance, SAR just connected while drafting Plan

H1:
ROMAR: Support Resistance
EMA: Support Resistance
PSAR: Support Resistance Eliminated
4Horsemen:
Notes: Consolidated Uptrend: PSAR just flipped Up, Purple 2 EMA for crossing Up, PSAR is Support & ROMAR is Resistance

Final Notes: Consolidation (with Daily in uptrend and H2 in dntrend): Daily is swinging down toward ROMAR/61.8 Support, H4 EMA about to cross down, H2 is approaching EMA Resistance, I will look to short at clear Resistance confluence.

News: USD RED at 10:30 EST

Notes for Readjustment: SAR attached H2 end of 17:00 Bar for Short!

Entry: Entered Short @ 134.500 @ H2 EMA & H4 Smooth Resistance with H2 SAR

Self-Evaluation: I was unsure of this entry as I was concerned that the swing long with SAR attached would move higher, with possible parabolic hit due to DB on bottom of H2, H4 & Daily at time of entry, but as H2 was in a downtrend (Daily short looking strong) and with the short confluence present on H2 and H4 I took the entry (sorry no in the moment screen shot but trade ticket captures the entry moment).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2018-01-09_2142.png Size: 87 KB
Click to Enlarge Name: 2018-01-09_2132.png Size: 3 KB
  • #12,723
  • Jan 10, 2018 12:56am Jan 10, 2018 12:56am
Dear Dove, I had study paradox system quietly for some times. Am I allow to post my plan and evaluation here?
  • #12,724
  • Jan 10, 2018 3:24am Jan 10, 2018 3:24am
Hello everybody
THis is my first plan. PLease be gentle

NEWS: No RED:

Trading Plan 10 Jan 2018

London Session

Daily: 133.594 open (Sydney open 134.418)
ROMAR - Support
EMA - Support
Psar - Support
Last MACD 0 Crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment – Top at 136.624
Last SAR Attachment - Bottom at 133.404 with DB
Fibonacci - Red

Notes: ROMAR support hit and holding currently. Lower BB coming into play. DB/SAR and divergence also attached at bottom. PSAR has flipped to down and Purple has crossed white & smooth. Daily purple is nearly 200 pips from market. (balance)

H4:
ROMAR - Resistance
EMA - Resistance
Psar - Resistance

Last MACD 0 Crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment – Bottom at 133.404
Last SAR Attachment – with DB
Fibonacci - Green

Notes: Full downtrend. Support at Fibo 0.0 with DB/SAR & divergence

H2:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Last MACD 0 Crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment - Bottom at 133.404
Last SAR Attachment - With DB
Fibonacci - Green

Notes: Full downtrend. Both divergences& DB/SAR at Fibo 0.0 for short term support.Purple/white slider(ish) in the last few hours to continue downtrend. First resistance is purple at about 134.00

H1:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Checklist:
Last MACD 0 Crossing - Down
Last EMA Alert Arrow - Down

Notes: Full downtrend. Recent MACD cross. ROMAR resistance miles away and in/out of range. Several touches on white followed by retrace. Lower BB possible target in next hours.

Final Notes: Consolidation due to Daily not in sync. 1/2/4H all in sync for the down swing. Daily support is at current levels with ROMAR and below approx 100 pips at BB. As I’m writing lower/lows are being broken.
Entry: Short on 2H SAR retrace, when it occurs. Objective Daily suppor

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 107 KB


I also have a question regarding how to treat the Fibo 0.0 support in the current market. We have a strong downswing and divergences/Fibo have been beaten (where Green price box is higher than thistle price box on open candles) when I was expecting retraces and potential long trades. Where should we look to just confirm that at the moment long is out of the question?
It takes time
  • #12,725
  • Jan 10, 2018 5:28am Jan 10, 2018 5:28am
Galactico, Welcome.


I also have a question regarding how to treat the Fibo 0.0 support in the current market. We have a strong downswing and divergences/Fibo have been beaten (where Green price box is higher than thistle price box on open candles) when I was expecting retraces and potential long trades. Where should we look to just confirm that at the moment long is out of the question?

i am no expert, however speaking from experience, if the indicators are showing down don't even think about going long. i spent about 40 days last year trying to pick a top which never came as the indicator were showing long, long, long.

the first thing White MUST cross Purple, but don't just take that on face value. you need to see the big picture......

Hope that Helps.

cheers Ant
Stop killing our Oceans, Stop using single use plastics.
  • #12,726
  • Jan 10, 2018 6:08am Jan 10, 2018 6:08am
Hello everybody
thanks to Dove for this wonderful system e and thanks to all those who help in this thread.
I have a question :
At 18 Est H1 parabolic flip and 4 horseman up
h2 white cross purple and marcket above smooth
white the maket go down?
thank very much
  • #12,727
  • Jan 10, 2018 6:44am Jan 10, 2018 6:44am
[quote=jakdan;10656699]Galactico, Welcome. I also have a question regarding how to treat the Fibo 0.0 support in the current market.

Am unsure if i should respond here - and will see what comes of trying to assist in increasing some knowledge base & hunger for self searching data on the thread with you Galactico -

My understanding is partly this:
The only thing that eliminates the Trend is the H2 Parabolic flip.
It is then that you are in Consolidation and you can trade both ways.

So i feel if you perhaps look to re-read a couple of early on significant posts and look & comprehend for your visuals in what a Trend is and what Consolidation is.
And what the basic Support & Resistance & rules are to be found and used to your advantage within those two Scenarios - & because you asked - specifically in relationship with the Fibo flip. Doesn't matter if you don't "get it" straight away. Learning will develop.

As everyone can see by looking through their own notes, Ant & I have picked these tid bits of information shared with you - straight off the thread. Slowly but surely things will come together for you when you search the rest for your query's full answer.
Ant advises - Don't be doing like him in looking for 40 days for something the charts are not saying is happening. And don't be like me - for the longest time, longer than 40 days & 40 nights did i analyse instead of just "see". Drove teachers nuts & am sorry for inflicting them with this distracted negativity.
Everybody just apply the rule/s to the Fibo question you have asked & everybody will do very fine.

Hope this helps.
If you make up your own rules then the story is sad.....
  • #12,728
  • Jan 10, 2018 7:19am Jan 10, 2018 7:19am
Quoting cybertron
Hello everybody thanks to Dove for this wonderful system e and thanks to all those who help in this thread. I have a question : At 18 Est H1 parabolic flip and 4 horseman up h2 white cross purple and marcket above smooth white the maket go down? thank very much

The Big picture
Stop killing our Oceans, Stop using single use plastics.
  • #12,729
  • Jan 10, 2018 7:31am Jan 10, 2018 7:31am
thanks for the comments - all are welcome at this stage and I'm sure if they're not 100% right we'll see some corrections from the experts
chris
It takes time
  • #12,730
  • Jan 10, 2018 8:40am Jan 10, 2018 8:40am
Quoting galactico
thanks for the comments - all are welcome at this stage and I'm sure if they're not 100% right we'll see some corrections from the experts chris
The first 250 pages all your questions are answered. From there on all your questions are verified.
The Dove - Forex Trainer
  • #12,731
  • Jan 10, 2018 9:00am Jan 10, 2018 9:00am
You new traders that are coming on I would like to welcome you but also want you to know there are no short cuts in learning this system. The Paradox is unforgiving if you try to trade it without knowing ALL THE RULES in trading this system. That means you have to start from page one and READ EVERY SINGLE POST to understand the Paradox.. It is a 6 month plus learning process to achieve the maximum probability of success. If you do not want to spend the next 6 months in learning then you are wasting your time. It is an education of learning the true art of trading.

Any - and all questions you have in regards to the Paradox and also becoming a successful trader is here on this thread. That means you have to read and study the Paradox because we will not spoon feed you. If you want to become one of the 5% then begin on Page 1 - create a journal - and Study Everything.
The Dove - Forex Trainer
  • #12,732
  • Jan 10, 2018 9:40am Jan 10, 2018 9:40am
Thank you Dana - I'm putting all my spare time into reading, noting and studying this system and all the comments over the last 2 years, trying to change my trading mentality and see the light.
I put up my first plan to see whether I'm in the right direction
chris
It takes time
  • #12,733
  • Jan 10, 2018 9:46am Jan 10, 2018 9:46am
Quoting galactico
Thank you Dana - I'm putting all my spare time into reading, noting and studying this system and all the comments over the last 2 years, trying to change my trading mentality and see the light. I put up my first plan to see whether I'm in the right direction chris
Yes - I seen your plan and all you need to do is follow through with your plan by pulling the trigger and post the trade. Then we can follow through with our comments after the trade is completed.
The Dove - Forex Trainer
  • #12,734
  • Jan 10, 2018 10:34am Jan 10, 2018 10:34am
Quoting dove_alliance
You new traders that are coming on I would like to welcome you but also want you to know there are no short cuts in learning this system. The Paradox is unforgiving if you try to trade it without knowing ALL THE RULES in trading this system. That means you have to start from page one and READ EVERY SINGLE POST to understand the Paradox.. It is a 6 month plus learning process to achieve the maximum probability of success. If you do not want to spend the next 6 months in learning then you are wasting your time. It is an education of learning the true...
As one who has spent an inordinate amount of time here--yes, studied everything as best I could--permit me to offer my perspective to those coming on board. Beginning at the beginning of 600+ pages, 12G+ posts is a daunting task! Period! So accept that what is required of you is a major commitment. Accept too that there is no short cut, no holy grail that will magically make you a successful trader. Not here, not with any system. What you will find on this thread--what I have found--is precisely as Dana stated it, an "education learning the true art of trading" (along with a truly amazing system). Even if after 6 months of all out commitment you decide for some reason that the Paradox is not for you, you will at least benefit from an invaluable education that you are unlikely to receive anywhere else. Yes, study every single post BUT it is Dana's which you need to concentrate on, print out, post on your walls, fill electronic and paper files with, and review over and over again. There are also many other invaluable posts from experienced and successful traders--the 5%, the graduates. As you read you will easily enough come to recognize who they are and value their contributions. Respect them and be forever grateful to them--with Dana, all here give freely of their time and expertise. All are here to helps folks like you and I mature. So accepting an attitude of humility will serve you well. Know too that there is a fair measure of empty chatter on this thread. But you will learn to recognize it quickly and you will be able to move through it rapidly. As with life, there is no free ride but hard work does tend to pay off. As you read you will meet many traders of whom that is true. Good luck!
  • #12,735
  • Jan 10, 2018 10:44am Jan 10, 2018 10:44am
Looking at the H2 chart below you see two great entries within the last two days with the SAR (accordingly with the rule) right on top the 17:00 opening bar. This chart is showing the down without question and it is still down according to the Rules.
Attached Image (click to enlarge)
Click to Enlarge Name: H2 SAR.png Size: 68 KB
The Dove - Forex Trainer
  • #12,736
  • Jan 10, 2018 11:34am Jan 10, 2018 11:34am
Quoting dove_alliance
Looking at the H2 chart below you see two great entries within the last two days with the SAR (accordingly with the rule) right on top the 17:00 opening bar. This chart is showing the down without question and it is still down according to the Rules. {image}
Perfect entries. Took my entry at Smooth on the last bar.

Attached Image (click to enlarge)
Click to Enlarge Name: ej screen print 100118.jpg Size: 8 KB


Thanks!

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,737
  • Jan 10, 2018 11:51am Jan 10, 2018 11:51am
Quoting shinny
{quote} Perfect entries. Took my entry at Smooth on the last bar. {image} Thanks! Shaun
Another perfect entry Shaun. And the trigger pulled with the rule of Smooth. Thank you for sharing.
The Dove - Forex Trainer
  • #12,738
  • Jan 10, 2018 11:52am Jan 10, 2018 11:52am
Quoting dove_alliance
Looking at the H2 chart below you see two great entries within the last two days with the SAR (accordingly with the rule) right on top the 17:00 opening bar. This chart is showing the down without question and it is still down according to the Rules. {image}
And it happened around 17.00 EST, i think it's confirmation from your teaching about accuracy of the indicator and the importance of creating trading plan on that time
I track back the chart to see the what happened on that time, and i've just realized at least from last month, there are beautiful confluence of H1-H2-H4 indicator and immediately they produce strong move
Thanks for your teaching. I'm sure there are many precious information that i've not realized and has been taught numerous time
I Will Never Give Up
  • #12,739
  • Jan 10, 2018 12:07pm Jan 10, 2018 12:07pm
I took a 20/40 entry at the open of the candle below the big arrow. It wasn't a SAR retrace as per my plan, but it was a parenthesis in the down movement (smooth slider on 1HR). with all the 1/2/4H indicators in line I thought it was worth a try. +20 pips

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 109 KB
It takes time
  • #12,740
  • Jan 10, 2018 12:08pm Jan 10, 2018 12:08pm
Quoting learn2fly
{quote} And it happened around 17.00 EST, i think it's confirmation from your teaching about accuracy of the indicator and the importance of creating trading plan on that time I track back the chart to see the what happened on that time, and i've just realized at least from last month, there are beautiful confluence of H1-H2-H4 indicator and immediately they produce strong move Thanks for your teaching. I'm sure there are many precious information that i've not realized and has been taught numerous time
The 17:00 EST bar is the most critical time in looking for entries. It is the beginning of the New Data for the next 24 hours and also the beginning of creating the High and Low for that 24 hours. 90% of the time a new low or high will be created within the first 4 hours of the 17:00 bar for the 24 hours. This is why it is very important to write down the Central Pivot (opening price) of the 17:00 bar. That opening price will give you a substantial direction of the market as it falls into the trend.

In ranging the CP usually holds the support or resistance depending if the ranging is up or down for those 24 hours.
The Dove - Forex Trainer
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