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The Paradox System

  • #12,801
  • Jan 14, 2018 6:24pm Jan 14, 2018 6:24pm
Hello Dana, Shaun, and Fellow Paradox traders,

Thought I would stop by and say hello. I hope everyone has a great and prosperous new year! Happy to see some new traders embarking on their journey to become one of the 5%, and wish you the very best in your studies!
Also, thought I would post today's trade with plan and screen shots. I truly hope it helps someone.


Session: Sydney EUR-JPY 1/14/2018

Daily: New week open, 11 pips below 23.6 FIBO.

ROMAR: Support
EMA: Resistance
Parabolic: Resistance

Notes: Horsemen down. DB down with Blue Divergence attach below ROMAR. Trend EMA arrow up. MACD zero cross arrow down. FIBO down.

H2
ROMAR: Support
EMA: Support
Parabolic: Support

Notes: Horsemen up. DB / SAR up with Green and Magenta Divergence attach at 0.0 FIBO. Trend EMA arrow up. MACD zero cross arrow up. FIBO down.

H1
ROMAR: Support
EMA: Support
Parabolic: Support

Notes: Horsemen up.

Final Notes: H1, and H2 up. Daily down. Market is in consolidation. I will focus on the Daily chart as the market is close to it’s major resistance levels. I will enter short position off resistance.

Adjustments: SAR hit on Daily, just above 23.6 FIFO.

Short: Entered short position on slight retrace up to Daily PSAR with SAR hit. Set TP +40 SL 40.

Result: Took +40 from the market.


Best Regards,

Chad
Attached Image(s) (click to enlarge)
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  • #12,802
  • Jan 14, 2018 6:31pm Jan 14, 2018 6:31pm
Quoting Hendo
Hello Dana, Shaun, and Fellow Paradox traders, Thought I would stop by and say hello. I hope everyone has a great and prosperous new year! Happy to see some new traders embarking on their journey to become one of the 5%, and wish you the very best in your studies! Also, thought I would post today's trade with plan and screen shots. I truly hope it helps someone. Session: Sydney EUR-JPY 1/14/2018 Daily: New week open, 11 pips below 23.6 FIBO. ROMAR: Support EMA: Resistance Parabolic: Resistance Notes: Horsemen down. DB down with Blue Divergence attach...
Really a nice trade because I took the same hit with the Daily Parabolic. Great job Hendo.
The Dove - Forex Trainer
  • #12,803
  • Jan 14, 2018 6:34pm Jan 14, 2018 6:34pm
For those traders that did not see it you had a double whammy on the Daily. You had the Parabolic with the 23.6 for the entry.
The Dove - Forex Trainer
  • #12,804
  • Jan 14, 2018 6:43pm Jan 14, 2018 6:43pm
Quoting dove_alliance
{quote} can you get 1600 x 900 resolution on your screen? If so, then place your resolution at that level and re-post you chart.
im trying everything to get 40 bars .. I either get 39 or 42 .. maybe just turning down my monitor res to 1600x900 isnt enough , maybe I need a native 1600x900 monitor ? I don't know ... bummer
  • #12,805
  • Jan 14, 2018 6:46pm Jan 14, 2018 6:46pm
Quoting avicenna
{quote} Dove, I just noticed we both started in 2007 ! :-)
I want you to look at Hendo's 2 hour chart and that is the way it should look like. You can see your SAR is not right and I believe you have your demo on the wrong FOREX dot com server. I should be on server 6. So lets get it right.
The Dove - Forex Trainer
  • #12,806
  • Jan 14, 2018 6:47pm Jan 14, 2018 6:47pm
Quoting avicenna
{quote} im trying everything to get 40 bars .. I either get 39 or 42 .. maybe just turning down my monitor res to 1600x900 isnt enough , maybe I need a native 1600x900 monitor ? I don't know ... bummer
The spread is 40 with 39 showing.
The Dove - Forex Trainer
  • #12,807
  • Jan 14, 2018 6:50pm Jan 14, 2018 6:50pm
Quoting avicenna
{quote} im trying everything to get 40 bars .. I either get 39 or 42 .. maybe just turning down my monitor res to 1600x900 isnt enough , maybe I need a native 1600x900 monitor ? I don't know ... bummer
You can make adjustments on your charts to get the spread right.
The Dove - Forex Trainer
  • #12,808
  • Jan 14, 2018 7:09pm Jan 14, 2018 7:09pm
Quoting dove_alliance
For those traders that did not see it you had a double whammy on the Daily. You had the Parabolic with the 23.6 for the entry.
Hi Dove,
In my trading plan, i will be short on D1 SAR + PSAR Resistance and Fibo 23.6
But i'm not too confident to Short at that point because H2 White has not crossed Purple, and that is where i miss the short trade
By seeing Hendo's trade and your confirmation, next time i see this condition i will confident enough to pull the trigger
Thanks
I Will Never Give Up
  • #12,809
  • Jan 14, 2018 7:10pm Jan 14, 2018 7:10pm
Quoting dove_alliance
{quote} You can make adjustments on your charts to get the spread right.
Dove,
This is what I get trying to match Hendo's chart as you requested..
Attached Image (click to enlarge)
Click to Enlarge Name: Capture4.JPG Size: 148 KB


I think its still off..
  • #12,810
  • Jan 14, 2018 7:21pm Jan 14, 2018 7:21pm
Quoting avicenna
{quote} Dove, This is what I get trying to match Hendo's chart as you requested.. {image} I think its still off..
Yes - it is way off plus your SaR is not correct even though you have the right broker and right SAR. The Problem is you are on the wrong server with forex .com, and you still did not answer my question which is: Do you have 1600 x 900 resolution on your monitor?
The Dove - Forex Trainer
  • #12,811
  • Jan 14, 2018 7:23pm Jan 14, 2018 7:23pm
Quoting learn2fly
{quote} Hi Dove, In my trading plan, i will be short on D1 SAR + PSAR Resistance and Fibo 23.6 But i'm not too confident to Short at that point because H2 White has not crossed Purple, and that is where i miss the short trade By seeing Hendo's trade and your confirmation, next time i see this condition i will confident enough to pull the trigger Thanks
You will never get it right until you get rid of your fear and start pulling the trigger accordingly with your trading plan.
The Dove - Forex Trainer
  • #12,812
  • Jan 14, 2018 7:25pm Jan 14, 2018 7:25pm
Quoting dove_alliance
{quote} You will never get it right until you get rid of your fear and start pulling the trigger accordingly with your trading plan.
Thank You Sir !!!
I Will Never Give Up
  • #12,813
  • Edited 7:44pm Jan 14, 2018 7:27pm | Edited 7:44pm
Quoting dove_alliance
{quote} Yes - it is way off plus your SaR is not correct even though you have the right broker and right SAR. The Problem is you are on the wrong server with forex .com, and you still did not answer my question which is: Do you have 1600 x 900 resolution on your monitor?
I looked for demo server 6 .. Was not available to me // Im using Demo 5 but I opened a demo R account from one of the earlier links you posted long ago
these were the servers I scanned for and located
I have a 3440 X 1440 monitor
but yes I did turn it down to 1600x900 .. it may be a monitor issue

Attached Image

Attached Image

Attached Image
  • #12,814
  • Jan 14, 2018 7:56pm Jan 14, 2018 7:56pm
Quoting avicenna
{quote} I looked for demo server 6 .. Was not available to me // Im using Demo 5 but I opened a demo R account from one of the earlier links you posted long ago these were the servers I scanned for and located I have a 3440 X 1440 monitor but yes I did turn it down to 1600x900 .. it may be a monitor issue {image} {image} {image}
Lets start with what country you live in?
The Dove - Forex Trainer
  • #12,815
  • Jan 14, 2018 8:06pm Jan 14, 2018 8:06pm
Quoting dove_alliance
{quote} Lets start with what country you live in?
I am in NY USA
  • #12,816
  • Jan 14, 2018 8:10pm Jan 14, 2018 8:10pm
Quoting dove_alliance
{quote} Lets start with what country you live in?
OK - I see your problem which is you live in New York and you are using the WRONG Demo. You need to to delete and clean up the MT4 on your computer. That also means delete the folder in your C drive file. Be sure you uninstall the MT4 before deleting the C folder. Then click on this link: https://www.forex.com/en-us/

The States is the only country in the world that does not allow hedging and you have to download a Demo from FOREX .COM from the States. Once downloaded then start over.
The Dove - Forex Trainer
  • #12,817
  • Jan 14, 2018 8:47pm Jan 14, 2018 8:47pm
Quoting dove_alliance
{quote} OK - I see your problem which is you live in New York and you are using the WRONG Demo. You need to to delete and clean up the MT4 on your computer. That also means delete the folder in your C drive file. Be sure you uninstall the MT4 before deleting the C folder. Then click on this link: https://www.forex.com/en-us/ The States is the only country in the world that does not allow hedging and you have to download a Demo from FOREX .COM from the States. Once downloaded then start over.
Thanks for being patient Dove,
So I did what you said, totally uninstalled MT4 (which I had from XM long ago) .. then I installed the one you provided with the link . downloaded and signed up .. selected the Demo-5 server. Using 1600x900 res.. I get 41 bars if I count the one on left most edge of screen . Still not confident this is it

Attached Image (click to enlarge)
Click to Enlarge Name: Capture7.JPG Size: 205 KB
  • #12,818
  • Jan 14, 2018 8:54pm Jan 14, 2018 8:54pm
Quoting avicenna
{quote} Thanks for being patient Dove, So I did what you said, totally uninstalled MT4 (which I had from XM long ago) .. then I installed the one you provided with the link . downloaded and signed up .. selected the Demo-5 server. Using 1600x900 res.. I get 41 bars if I count the one on left most edge of screen . Still not confident this is it {image}
OK - you are now on the right serve showing the SAR as it should be. Now - do you know how to show the small diamond on top of your chart for adjusting the bars?
The Dove - Forex Trainer
  • #12,819
  • Jan 14, 2018 8:59pm Jan 14, 2018 8:59pm
Quoting dove_alliance
{quote} OK - you are now on the right serve showing the SAR as it should be. Now - do you know how to show the small diamond on top of your chart for adjusting the bars?
Ive never done that .. is it a mouse drag?
  • #12,820
  • Jan 14, 2018 9:04pm Jan 14, 2018 9:04pm
Quoting avicenna
{quote} Ive never done that .. is it a mouse drag?
We got a two step. First step is click "View" on your tool bar and click "Chart" if is not showing on your tool bar. Let me know you have the chart tool bar showing.
The Dove - Forex Trainer
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