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Attachments: The Paradox System
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The Paradox System

  • #14,941
  • Dec 27, 2018 2:56pm Dec 27, 2018 2:56pm
Quoting Iris2018
ТР +40 pips. I am pleased with the deal. Dove talked about it on page thirty. Thank you teacher! {image}
Very nice and clean trade.
The Dove - Forex Trainer
  • #14,942
  • Dec 27, 2018 3:27pm Dec 27, 2018 3:27pm
Quoting dove_alliance
{quote} The SAR is correct and doing as suppose too with the Parabolic. You are reading the divergence incorrectly. You need a pullback from the 61.8 or above for the Hidden to be expose. The same on a downtrend with a pullback or below at the 61.8. By the way -- nice trade.
It makes sense now and thanks Dana.
  • #14,943
  • Dec 28, 2018 3:18am Dec 28, 2018 3:18am
Trading plan 28/12/2018
Economic news : no
Daily
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Last SAR Attachment – up at 127.082 (fibo 38.2)
Last DB Attachment – down at 125,612
Fibonacci – green. Purple in white
H4
ROMAR - resistance
EMA - support
Parabolic – support
Last DB Attachment –top at 127.082
Fibonacci – green. Purple in white
H2
ROMAR – resistance
EMA – support
Parabolic- support
Checklist:
Last DB Attachment – up at 127.082
Last SAR Attachment – down at 126.483
Fibonacci – red. Purple cross white H1 ROMAR - resistance
EMA - - support
Parabolic-
Fibo –red. Consolidation. Rules for determining consolidation: 1: If one of the trading charts are not in sync with one another you are in consolidation. 2: If the Daily ROMAR/EMA are not sync with 1 and 2 hour charts you are in consolidation.
Rules for consolidation: a: The 2 hour is your trading/trend chart. b: Use the Daily Chart S/R as reference for consolidation. c: You can trade either short or long in consolidation. d: Trade from resistance to support and vice-versa. Do not trade from center in consolidation. e: Both upper and lower bands are resistance and support in consolidation.

I sell. In H2 Last DB Attachment with SAR (spread divergence) means the following attachment DB below. The candle opened below EMA H2. Day SAR shows a turn. Trend Romar/EMA shows a search for sales. intersection of purple and white H2 and H4.
Attached Image (click to enlarge)
Click to Enlarge Name: Н2 28,12,18.JPG Size: 188 KB
Either I will find a way, or I will make one...
  • #14,944
  • Edited 5:23am Dec 28, 2018 3:35am | Edited 5:23am
Hi All

Just came across this system.

First impression: :Looks complicated :-)

I am fairly new to trading, have not traded live yet and have maybe 2 months experience on demo on different system which for me was not good as the R:R was not specified and you could never know what kind of Profit to expect and where to put your TP and SL.

Lets see how long it will take me to wrap my mind around it.

I am sure the system works for the author - I wonder will it work for me ?

I guess the only way to find out is to DIG in and start learning it.

EDIT: I am so confused with setting the Paradox_Session_Indicator gmtServerOffset time. I am in London so GMT my broker shows the bars 2 hours ahead of my time so 22:00pm Local time shows 00:00 on bars.

If I understood correctly we want to display the correct time of closing NY session on our bars so in my case that would be 17EST = 22GMT + 2 extra hours because of y broker time. So that gives me 5 hours ahead of NY + 2 hours of the broker = 7 hours.

Now what confused me is this
Quoting dove_alliance
I believe if you are already in the GMT zone your number will have a minus.
I know it sound like a dumb question but can someone clear this to me ? - I apologize if this was answered before, I am going through this thread slowly but would not want to start with the wrong set up.

I appreciate your patience :-)



THANK YOU FOR SHARING IT.
  • #14,945
  • Dec 28, 2018 8:14am Dec 28, 2018 8:14am
Quoting Forbas
Hi All Just came across this system. First impression: :Looks complicated :-) I am fairly new to trading, have not traded live yet and have maybe 2 months experience on demo on different system which for me was not good as the R:R was not specified and you could never know what kind of Profit to expect and where to put your TP and SL. Lets see how long it will take me to wrap my mind around it. I am sure the system works for the author - I wonder will it work for me ? I guess the only way to find out is to DIG in and start learning it. EDIT: I am...
Hi,

Which broker do you use?
You should use forex(dot)com as your broker for the chart set-up on your demo account.

If you use forex(dot)com, you should use forex com-Demo 106 server.
And if you have that server set-up, you can apply the templates provided on this thread.
Those have the proper settings for gmtServerOffset..
  • #14,946
  • Dec 28, 2018 8:18am Dec 28, 2018 8:18am
Quoting Pandakker
{quote} Hi, Which broker do you use? You should use forex(dot)com as your broker for the chart set-up on your demo account. If you use forex(dot)com, you should use forex com-Demo 106 server. And if you have that server set-up, you can apply the templates provided on this thread. Those have the proper settings for gmtServerOffset..
I use IC markets - I was not aware I have to use specific broker in order for this system to work.

I have a live account with them as well and I am planning to trade with them live as well.

Do I need to change the broker to get this working ?
  • #14,947
  • Dec 28, 2018 8:29am Dec 28, 2018 8:29am
Quoting Forbas
{quote} I use IC markets - I was not aware I have to use specific broker in order for this system to work. I have a live account with them as well and I am planning to trade with them live as well. Do I need to change the broker to get this working ?
You need this broker and settings to have the same charts as everybody is using here and get support when you have questions about certain set-ups.
I would advise you to first read the whole thread, a lot of questions will be answered.

This thread is about a experience which take at least 6 months or longer........

Just read the thread and see if this method suits you.
  • #14,948
  • Dec 28, 2018 9:03am Dec 28, 2018 9:03am
I see. Thanks for reply.

I will set demo on forex_dot_com

Thanks again
  • #14,949
  • Dec 28, 2018 4:14pm Dec 28, 2018 4:14pm
Quoting Iris2018
Trading plan 28/12/2018 Economic news : no Daily ROMAR - resistance EMA - resistance Parabolic - resistance Last SAR Attachment – up at 127.082 (fibo 38.2) Last DB Attachment – down at 125,612 Fibonacci – green. Purple in white H4 ROMAR - resistance EMA - support Parabolic – support Last DB Attachment –top at 127.082 Fibonacci – green. Purple in white H2 ROMAR – resistance EMA – support Parabolic- support Checklist: Last DB Attachment – up at 127.082 Last SAR Attachment – down at 126.483 Fibonacci – red. Purple cross white H1 ROMAR - resistance...
Did you get your 40 before market close? Best entry would have been the two hour candle before with h2 Romar resistance. And your tp would have been safe above the 61.8
  • #14,950
  • Dec 29, 2018 3:13am Dec 29, 2018 3:13am
Quoting SuchParadox
{quote} Did you get your 40 before market close? Best entry would have been the two hour candle before with h2 Romar resistance. And your tp would have been safe above the 61.8
Thank you for your interest and your comment.

____________________
Irina
Either I will find a way, or I will make one...
  • #14,951
  • Dec 29, 2018 3:20am Dec 29, 2018 3:20am
I closed my deal five minutes before the market closed +30 pips.
I do not consider the transaction correct for the following reason:
1. H4 parabolic trend kept the market from falling
2. To confirm the reversal it was safer to wait for the purple to cross EMA H2

I think this is an early entry at the entrance from the romara H2 - there was not even a convergence of white and purple.
These are my thoughts. I am still studying. Maybe I'm wrong...
Either I will find a way, or I will make one...
  • #14,952
  • Dec 29, 2018 6:02am Dec 29, 2018 6:02am
Quoting SuchParadox
{quote} Did you get your 40 before market close? Best entry would have been the two hour candle before with h2 Romar resistance. And your tp would have been safe above the 61.8
Keep going and think about the deal...
The best entry was certainly with the opening of the market. DB and SAR with open deviation in the confluence with the daytime SAR in EMA Daily
BUT I am from Republic of Belarus and in my country one o'clock in the morning. I tried to set the alarm, but made mistakes. My body is sleeping.

The first candle I see in the morning is two hours before the opening of London. I didn’t enter it, because the purple crossed the romare making it both support and resistance.
Daily SAR could continue to parabolic daily. So I was waiting for confirmation of reversal. The intersection of the purple and the white and the open candle below the ema for me was a signal. But is it? Was it necessary to wait for the intersection of purple and EMA?

P.S.: I still think about the paradox because I'm learning...sorry...
Either I will find a way, or I will make one...
  • #14,953
  • Dec 29, 2018 12:40pm Dec 29, 2018 12:40pm
I am on page 37 now when Dove is introducing the trading Plan with Daily, H2 and H1.

When I jump ahead in time I see people doing Daily H4 and H1

am I missing something. Did something happened within this 2 years so it forced everyone to look H4 instead H1 ?


Cheers
  • #14,954
  • Dec 29, 2018 7:48pm Dec 29, 2018 7:48pm
Quoting Forbas
I am on page 37 now when Dove is introducing the trading Plan with Daily, H2 and H1. When I jump ahead in time I see people doing Daily H4 and H1 am I missing something. Did something happened within this 2 years so it forced everyone to look H4 instead H1 ? Cheers
Keep reading Forbas, when you get to page 528 you will have your answer about the H4. All your questions will be answered as you continue to read and study the paradox system.

We are all on this journey.
Cheers

Anne
  • #14,955
  • Dec 29, 2018 9:13pm Dec 29, 2018 9:13pm
Quoting robnanne
{quote} Keep reading Forbas, when you get to page 528 you will have your answer about the H4. All your questions will be answered as you continue to read and study the paradox system. We are all on this journey. Cheers Anne
Thanks

Thats what I thought.

I am on page 57 now... It takes me long to move forward as very often I have to come back to check or just simply read something again.
After 2 full days I must say I got very familiar with all indicators, I am not confusing them any more :-) I also can recognize the support and resisstance and when and how their are changing in relation to each other.

As you said while reading a lot of my questions is answering itself. While I was reading I saw exact comments like mine, asking to answer question which was already answered.

I wish I could start my Forex adventure when this system was introduced to FF family it would be way easier to reference what is said to the live charts.

I think I have a long way to go but I think I begin understanding how the all indicators work and how they signal swings :-)

So I promise I wont ask any questions until I catch up with lasts posts... That might take a while.

Thanks for answering my questions anyway.

Happy Pips everyone
  • #14,956
  • Dec 31, 2018 3:27pm Dec 31, 2018 3:27pm
Happy New year to Everyone,
May this year bring you Good fortune and Blessings
  • #14,957
  • Jan 1, 2019 5:21am Jan 1, 2019 5:21am
Happy New Year to you to Suchparadox. I have spent some of the time today in contemplation (new years day), alone in my own space in quiet time, as I do every year at this time. In this new year, perhaps in sharing with you, this may help someone out there who is experiencing their inner, or on the receiving end of some outer negative and will perhaps bring some balance and perspective to your heart. youtube.com/watch?v=p0p1fjLPjYQ
If you make up your own rules then the story is sad.....
  • #14,958
  • Jan 1, 2019 4:39pm Jan 1, 2019 4:39pm
Ok

I am still very new to this but from time to time I start thinking I am getting this. I will try to do my First Trading Plan but because I am around page 140 and did not get to the time when you all introduced and started doing H4 then I will stick to what I think I know so far.

EURJPY 01/01/2019
Time 22:00 GMT (Sydney open)

No RED news today.

DAILY
Romar - Resistance
Ema - Resistance
Parabolic - Resistance
H4
Romar - Resistance
Ema - Resistance
Parabolic - Resistance
H1
Romar - Resistance
Ema - Resistance
Parabolic - Resistance

All 3 charts are consistent with each other. We are in downtrend. On Daily WHITE crossed PURPLE. Possible slider or cross with smooth for reversal but not happened yet. On H2 All 4 horseman pointing down no crossovers yet. On H1 WHITE crossed PURPLE. We are in Consolidation within DOWNTREND as H1 is not consistent with H2. I would wait to see what happens next. SAR attached (125.861)to Top of the bar on H2 (because I am not sure how to read this at this moment I will leave it with no comments) - still need to learn about DB and SAR.

Possible entries:
1. WHITE will cross PURPLE on H2 but smooth won't on both charts H1 and H2 then wait for White to slide back underneath the purple and then wait for candle to open below EMA to continue the downtrend. SAR attached to current candle.
2. WHITE will cross PURPLE on H2 and smooth will cross as well starting reversal in trend. Will probably wait for EMA to cross and flip of parabolic.


Could someone please have a look and tell me does it make sense and am I on the good path :-)

EDIT: Forgot to implement fibo in my plan. Will watch closely 38.2 line on both H1 and H2.

Many thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 70 KB
Click to Enlarge Name: EURJPYH1.png Size: 58 KB
Click to Enlarge Name: EURJPYH2.png Size: 71 KB
  • #14,959
  • Jan 1, 2019 8:10pm Jan 1, 2019 8:10pm
Quoting Forbas
{quote} Thanks Thats what I thought. I am on page 57 now... So I promise I wont ask any questions until I catch up with lasts posts... That might take a while....
Hi Forbas,
You had said..."So I promise I wont...". But on page one we were all instructed to... "From this point on you are to read every post as every question you have is answered within those 205 pages. Do not jump to the page the group is on and begin posting questions which has already been answered. If you do - your questions will not be answered. If you do not want to study from the beginning then we cannot help you."

Have you broken your promise or your word? What you said you'd do... didn't seem to happen.
Just a friendly rhetorical question. Have you reached page 205 or are you on 140?
Getting to the last posts with understanding will indeed take you a while, as you have predicted - just like the rest of us . Everyone starts at the bottom. Settle your heart. Settle your actions. Be assured you're in the right place at the right time. We're not going anywhere.

All the best to you and to those that follow after you.

Joe
If you make up your own rules then the story is sad.....
  • #14,960
  • Jan 2, 2019 12:13am Jan 2, 2019 12:13am
Quoting OliveBranch
{quote} Hi Forbas, You had said..."So I promise I wont...". But on page one we were all instructed to... "From this point on you are to read every post as every question you have is answered within those 205 pages. Do not jump to the page the group is on and begin posting questions which has already been answered. If you do - your questions will not be answered. If you do not want to study from the beginning then we cannot help you." Have you broken your promise or your word? What you said you'd do... didn't seem to happen. Just a...
Fair enough :-)

Regards
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