The Paradox System | Page 640 | 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

  • #12,781
  • Jan 11, 2018 3:57pm Jan 11, 2018 3:57pm
Quoting learn2fly
{quote} And i thank you for this opportunity to contribute in this thread.. {quote} Thanks for Mr Dove for allowing me to evaluate my trade when i get my chart correct Self evaluation: My motivation for this Short is we are in consolidation, and after EUR unscheduled news and USD Red news has put market to Fibo 38.2 and DB attached with Divergence If i'm not wrong, in consolidation, DB play critical role in showing us the Entry In H1 market has gone to Upper BB which is the highest Resistance in there, not quietly use it, but good for reference...
Pretty Impressive with your analyzes of the rules for entry. A very good job and well done.
The Dove - Forex Trainer
  • #12,782
  • Jan 11, 2018 4:04pm Jan 11, 2018 4:04pm
Quoting dove_alliance
{quote} Pretty Impressive with your analyzes of the rules for entry. A very good job and well done.
Thanks a lot Mr. Dove
Glad finally can make good Trading Plan and get your compliment Sir
I Will Never Give Up
  • #12,783
  • Jan 11, 2018 4:16pm Jan 11, 2018 4:16pm
TRADING PLAN
Date: 1/12/2018

News: 13.30 GMT USD

Daily:
Balance - Out of balance
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing : Down
Last EMA Alert Arrow : Down
Last DB/SAR Attachment: DB on bottom 133.027 with divergence
Fibo : Down

Notes: D1 is consolidation with 4 horsemen downtrend and ROMAR holding Support, DB on bottom next on TOP

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Last DB/SAR Attachment: DB attached on bottom fibo 0 with divergence, SAR at PSAR Resistance
Fibo : Up

Notes: 4 horsemen turning up with White has crossed Smooth and Purple

2 HR:
Open - 133.830
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: Up
Last DB/SAR Attachment: DB attached on TOP 134.338
Fibo : Up

Notes: Consolidation with 4 horsemen uptrend, DB on TOP and ROMAR as Resistance

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

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

Notes: EMA has just crossed Purple and become Resistance

Final Notes : H2 consolidation with 4 horsemen up and Fibo Up, H4 turning Up, and D1 still out of balance

Projected Entry : Long when H2 retrace to PSAR Support with enough confluence from other Chart
I Will Never Give Up
  • #12,784
  • Jan 11, 2018 5:52pm Jan 11, 2018 5:52pm
My first trading plan. Will keep improve and evaluate.
TRADING PLAN
Date: 1/12/2018

News: 23.40 GMT

Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing : Down
Last EMA Alert Arrow : Down
Last DB/SAR Attachment: DB on bottom 133.027 with divergence
Fibo : Down

Notes: consolidation with strong downtrend. ROMAR support. Ema had crossed purple.

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Last DB/SAR Attachment: DB attached on bottom fibo 0 with divergence, SAR at PSAR Resistance
Fibo : Up

Notes: Hoursemen is turning up. Ema WAITING TO cross purple.

2 HR:
Open - 133.830
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: Up
Last DB/SAR Attachment: DB attached on TOP 134.338
Fibo : Up

Notes: market hit ema as support and return going north.

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

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

Notes: ema has cross purple and romar is acting as resistance.

Final Notes : H2 consolidation uptrend with romar distance near to 50 pips.

Projected Entry : Long from h2 smooth support.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 118 KB
  • #12,785
  • Jan 11, 2018 11:56pm Jan 11, 2018 11:56pm
My first trading plan.

TRADING PLAN 1/12/2018


Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing : Down
Last EMA Alert Arrow : Down
Last DB/SAR Attachment: DB down
Fibo : Down

Notes: consolidation.The 4 horseman Down ,Fibo up 61,80

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Last DB/SAR Attachment: DB attached on bottom fibo 0 with divergence
SAR - Up Hit PSAR
Fibo : Up

Notes: ema for the cross purple

2 HR:
Open - 133.830
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: Up
Last DB/SAR Attachment: DB attached on TOP 134.338
Fibo : Up

Notes: 4 Hourseman up market above EMA support

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

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

Notes: ema at purple for cross

Final Notes : H2 consolidation uptrend with romar distance near to 50 pips.

Entry : Long Flip parabolic H1 on Support H2
  • #12,786
  • Jan 12, 2018 1:46am Jan 12, 2018 1:46am
Good Morning Traders

Here is the trade I took last night when I got home and sorted out my home office MT4!!

2hr Chart:

Attached Image (click to enlarge)
Click to Enlarge Name: ej 2hr 110118.jpg Size: 391 KB


The entry was halfway through the bar with the arrow. The fib has moved now but the entry was at the 23.6% fib, and was also a 1hr close at the 1hr PSAR with room to Resistance above - closest was 1hr ROMAR with 38 pips, but after hitting Daily Support with 2hr-4hr fibs up the market is going up.

If you missed the short earlier on, that was another opportunity. As soon as the market shot up for the short set up I had a buy planned at the 2hr 23.6. The EURJPY especially really respects the fib levels and is drawn to them. I took a screen shot the week before last (which I can no longer find) showing the opposite with the market moving down from the top then retracing to the 23.6. I have found that the GBP can sometimes over shoot them a bit, but it has been very choppy these past few months, and the EURUSD you have to enter mid bar (look at some of Hendo's entries on EU) because if you wait until the close you won't get 40 pips. But this is just characteristics of different pairs and how they act.

Here is the print:

Attached Image (click to enlarge)
Click to Enlarge Name: ej print 110118.jpg Size: 15 KB


Also, someone asked the other day about the short I took that was less than 40 pips from ROMAR (sorry for forgetting who!) the easiest way to describe it is contextual. Simple because of the power of the move and the way the 2hr-4hr were strongly still in trend it was just a no brainer trade, there was about 50 pips to the previous low so it was going down.

This is the most difficult type of trade to explain because its just a product of having some experience. There are trades than Dana would do that I wouldn't consider or even see, but as we all develop and progress our level of subliminal understanding and actions increase, and its a case of when you know, you just know, like I said its hard to explain it.

Hope that helps and keep up the hard work!

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,787
  • Jan 12, 2018 2:18am Jan 12, 2018 2:18am
Quoting shinny
Good Morning Traders Here is the trade I took last night when I got home and sorted out my home office MT4!! 2hr Chart: {image} The entry was halfway through the bar with the arrow. The fib has moved now but the entry was at the 23.6% fib, and was also a 1hr close at the 1hr PSAR with room to Resistance above - closest was 1hr ROMAR with 38 pips, but after hitting Daily Support with 2hr-4hr fibs up the market is going up. If you missed the short earlier on, that was another opportunity. As soon as the market shot up for the short set up I had a...
Thanks for your explanation Sir,
Actually i saw your entry when i wrote my Trading Plan 17.00 EST, but i was not too confident to pull the trigger, i was waiting the market to retrace more to PSAR support which i thought will happened on Fibo 23.6. i waited for deeper retrace because i saw H1 ROMAR as resistance
But you've explained it all with above posting
Thank you very much
I Will Never Give Up
  • #12,788
  • Jan 12, 2018 5:28am Jan 12, 2018 5:28am
Quoting Cocklegend
My first trading plan. Will keep improve and evaluate. TRADING PLAN Date: 1/12/2018 News: 23.40 GMT Daily: ROMAR - Support EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing : Down Last EMA Alert Arrow : Down Last DB/SAR Attachment: DB on bottom 133.027 with divergence Fibo : Down Notes: consolidation with strong downtrend. ROMAR support. Ema had crossed purple. 4 HR: ROMAR - Resistance EMA - Resistance PSAR - Resistance Last DB/SAR Attachment: DB attached on bottom fibo 0 with divergence, SAR at PSAR Resistance Fibo : Up Notes:...
Self-Evaluation: +40 pips
H2 range a bit and go up north to hit my tp. Although it was a winning trade, I was unsure whether i am right with the rules or enter too early.

In the other hand, quite happy to hit my 4th consecutive win. However still a long journey to become achieve 80% winrate.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 65 KB
  • #12,789
  • Jan 12, 2018 8:48am Jan 12, 2018 8:48am
Quoting Cocklegend
{quote} Self-Evaluation: +40 pips H2 range a bit and go up north to hit my tp. Although it was a winning trade, I was unsure whether i am right with the rules or enter too early. In the other hand, quite happy to hit my 4th consecutive win. However still a long journey to become achieve 80% winrate. {image}
You came on this thread a few days ago and began trading without knowing the rules. In order to get credit for any winning trade the Trading plan must be posted and then you post your entry H2 chart along with the rules for your entry; and then post a self-evaluation of your trade when it is finished. The rule also states one trader per 24 hour period so this 4 consecutive trades are not legitimate. Trading trends is very easy and as you are showing with your print you are having a hard time with consolidations. On your print you are showing 2 trades in a 24 hour period with your last one being posted. So for now I will let this ride and see how you will do next week. And I repeat - 1 trade per 24 hour period.
The Dove - Forex Trainer
  • #12,790
  • Jan 12, 2018 6:50pm Jan 12, 2018 6:50pm
Quoting dove_alliance
{quote} You came on this thread a few days ago and began trading without knowing the rules. In order to get credit for any winning trade the Trading plan must be posted and then you post your entry H2 chart along with the rules for your entry; and then post a self-evaluation of your trade when it is finished. The rule also states one trader per 24 hour period so this 4 consecutive trades are not legitimate. Trading trends is very easy and as you are showing with your print you are having a hard time with consolidations. On your print you are showing...
Ok noted dove. I posted the entry with plan because I decided to buy when I wrote the plan. Is the plan must be separated from the entry?

Sorry for the 2 trades in 24 hours. Previously i thought that this zone below is consider 24 hours. So actually is count by server time?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 107 KB
  • #12,791
  • Jan 12, 2018 8:32pm Jan 12, 2018 8:32pm
Quoting Cocklegend
{quote} Ok noted dove. I posted the entry with plan because I decided to buy when I wrote the plan. Is the plan must be separated from the entry? Sorry for the 2 trades in 24 hours. Previously i thought that this zone below is consider 24 hours. So actually is count by server time? {image}
Yes - the Trading Plan must be posted before your entry. And the entry chart is on a separate posting showing the H2 chart with the Entry of the trigger being pulled, and your self evaluation is also a separate posting. You need to read this thread so you know all the rules for trading and also for the indicators.
The Dove - Forex Trainer
  • #12,792
  • Jan 12, 2018 9:11pm Jan 12, 2018 9:11pm
Hi,,

i need some guide,,

How to setting the market session,,?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: jh2s.jpg Size: 339 KB
Click to Enlarge Name: jd1s.jpg Size: 320 KB
  • #12,793
  • Jan 14, 2018 4:38pm Jan 14, 2018 4:38pm
TRADING PLAN
Date: 1/15/2018

News: None

Daily:
Balance - Out of balance
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing : Down
Last EMA Alert Arrow : Up
Last DB/SAR Attachment: DB on bottom 133.027 with divergence
Fibo : Down

Notes: D1 is consolidation with 4 horsemen downtrend and ROMAR holding Support, Market open above Smooth Resistance

4 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support
Last DB/SAR Attachment: DB attached on top 135.538
Fibo : Up

Notes: 4 horsemen Uptrend, ROMAR still Resisitance, DB attached on top with Both divergence

2 HR:
Open - 135.430
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: Up
Last DB/SAR Attachment: DB attached on TOP 135.538
Fibo : Down

Notes: H2 Full uptrend, with DB attached on TOP with Both divergence at Fibo 0 Red

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

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

Notes: H1 uptrend at Fibo 0 Red

Final Notes :
H1+H2 Full uptrend with Fibo Down
H4 4horsemen uptrend, ROMAR still Resistance, Consolidation with DB attached on Top with Both Divergence
D1 Consolidation with 4 horsemen downtrend
The uptrend move will be faced by D1 PSAR Resistance and Fibo 23.6

Projected Entry : Short on top, with D1 PSAR hold as resistance and H2 begin to consolidate
I Will Never Give Up
  • #12,794
  • Jan 14, 2018 4:45pm Jan 14, 2018 4:45pm
Hello,
Ive been following this system for a few weeks now, I have to say its the best system ive ever used. Thank you Dove, . I have been trying to set up my mt4 correct. I know its been covered extensively in this thread Ive been reading over and over but cant seem to get it right ( I think) . I'm in NY and its 542 pm EST. I'm on the FOREX(dot)com - Demo 5 server ... I also have an account on the (R) demo account too . I'm am using the pro pairs also. I think my chart is off, can someone be so kind to verify if I have it set up correct? It would be much appreciated. TIA
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 127 KB
  • #12,795
  • Jan 14, 2018 5:23pm Jan 14, 2018 5:23pm
Quoting avicenna
Hello, Ive been following this system for a few weeks now, I have to say its the best system ive ever used. Thank you Dove, . I have been trying to set up my mt4 correct. I know its been covered extensively in this thread Ive been reading over and over but cant seem to get it right ( I think) . I'm in NY and its 542 pm EST. I'm on the FOREX(dot)com - Demo 5 server ... I also have an account on the (R) demo account too . I'm am using the pro pairs also. I think my chart is off, can someone be so kind to verify if I have it set up correct? It would...
I have no idea what kind of monitor you are using but I will say this: That monitor will not work as your charts are not correct. You need a computer monitor with a resolution of 1600x900. So make it short -- we cannot help you in getting it right until you get the right monitor.
The Dove - Forex Trainer
  • #12,796
  • Jan 14, 2018 5:46pm Jan 14, 2018 5:46pm
Quoting dove_alliance
{quote} I have no idea what kind of monitor you are using but I will say this: That monitor will not work as your charts are not correct. You need a computer monitor with a resolution of 1600x900. So make it short -- we cannot help you in getting it right until you get the right monitor.
Hi Dove,
How about this ... i switched my settings to a lower res :
Attached Image (click to enlarge)
Click to Enlarge Name: Capture2.JPG Size: 138 KB

Thank you again
  • #12,797
  • Jan 14, 2018 5:50pm Jan 14, 2018 5:50pm
Quoting avicenna
{quote} Hi Dove, How about this ... i switched my settings to a lower res : {image} Thank you again
OK - resolution is better now lets get the right bar spread.
The Dove - Forex Trainer
  • #12,798
  • Jan 14, 2018 6:13pm Jan 14, 2018 6:13pm
Quoting dove_alliance
{quote} OK - resolution is better now lets get the right bar spread.
How about this boss ?

Attached Image (click to enlarge)
Click to Enlarge Name: Capture3.JPG Size: 164 KB
  • #12,799
  • Jan 14, 2018 6:17pm Jan 14, 2018 6:17pm
Quoting dove_alliance
{quote} OK - resolution is better now lets get the right bar spread.
Dove, I just noticed we both started in 2007 ! :-)
  • #12,800
  • Jan 14, 2018 6:21pm Jan 14, 2018 6:21pm
Quoting avicenna
{quote} How about this boss ? {image}
can you get 1600 x 900 resolution on your screen? If so, then place your resolution at that level and re-post you chart.
The Dove - Forex Trainer
1 trader viewing:
Etch10