The Paradox System | Page 818 | 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

  • #16,341
  • Aug 1, 2019 9:39am Aug 1, 2019 9:39am
Quoting dove_alliance
{quote} You have a big, big problem. The H1 IS NOT A TRADING CHART.
Thank you for your feed back. Affirming, the H2 is my trading chart.
candy is dandy but liquor is quicker
  • #16,342
  • Aug 1, 2019 9:46am Aug 1, 2019 9:46am
The reason why you traders were late is because all was needed was a 2 hour bar get just below the Divergences connection and stop to bring out the Hidden, leaving you short of your TP.. You traders did not see the trend and fortunately the trend was there and you both got your TP. In other words - the trade was off resistance giving you an extra 20+ pips before the entry. As I have said time and time again. Trade off support and trade off resistance - never from center. If you wait then it will cost you in the long run.
The Dove - Forex Trainer
  • #16,343
  • Aug 1, 2019 3:43pm Aug 1, 2019 3:43pm
Hi Dove,
I try to not ask a lot of questions but spend time to study as much as I can. I do have one question if I may ask for confirmation. One thing that I see happen a lot is when you can see the big banks start taking control and moving the market. Many times the move happens between 7-9 pm New York time which is 8-10 am Japan time and it most often happens within 15 minutes of a new candle. What I have started to notice is that you can almost feel the move right before it happens and then it can move like lightning. My question is do you wait for the institutional traders to start their game to take the trade off support or resistance. You can really tell when it's about to happen. Kinda like a fish biting your line and you see the float starting to pulse up and down. I hope this isn't a stupid question and that it hasn't been answered before. The paradox points the way and then you wait for the big fish on the line so to speak. I personally can almost "feel the moment" if you will and then all I gotta do is make sure there is room for the trade to s/r. Seems to be quick take profits and not waiting in a dead market. Please let me know your thoughts or disregard.
  • #16,344
  • Aug 1, 2019 5:25pm Aug 1, 2019 5:25pm
Quoting Contra
Hi Dove, I try to not ask a lot of questions but spend time to study as much as I can. I do have one question if I may ask for confirmation. One thing that I see happen a lot is when you can see the big banks start taking control and moving the market. Many times the move happens between 7-9 pm New York time which is 8-10 am Japan time and it most often happens within 15 minutes of a new candle. What I have started to notice is that you can almost feel the move right before it happens and then it can move like lightning. My question is do you wait...
Well Contra - The only thing I pay attention too is what the Paradox is saying. All this stuff with what the banks are doing, has nothing to do with the Paradox. Whatever the Paradox is saying is what the market is doing. And for me that is all that matters. So I can't help you with what you might be seeing.
The Dove - Forex Trainer
  • #16,345
  • Aug 1, 2019 5:31pm Aug 1, 2019 5:31pm
Quoting Contra
Hi Dove, I try to not ask a lot of questions but spend time to study as much as I can. I do have one question if I may ask for confirmation. One thing that I see happen a lot is when you can see the big banks start taking control and moving the market. Many times the move happens between 7-9 pm New York time which is 8-10 am Japan time and it most often happens within 15 minutes of a new candle. What I have started to notice is that you can almost feel the move right before it happens and then it can move like lightning. My question is do you wait...
Sounds like scalping in hopes of getting something. These days, and for a long time, the banks haven't been trading as they use to trade.
The Dove - Forex Trainer
  • #16,346
  • Aug 1, 2019 5:42pm Aug 1, 2019 5:42pm
Quoting dove_alliance
{quote} Sounds like scalping in hopes of getting something. These days, and for a long time, the banks haven't been trading as they use to trade.
Thanks very much for answering my question. Your right it does sound like scalping. I will try to ignore it and pay attention only to the paradox. These moves always respect the paradox and stop dead on S/R so I thought I would ask to see if I was going down a rabbit trail. Cheers
  • #16,347
  • Aug 1, 2019 6:04pm Aug 1, 2019 6:04pm
EUR/JPY

Calendar Date 8.1.19 Thursday
Trading Date: 8.2.19 Friday
No Red News Forecast

Daily Open: 118.929
Previous Day High: 120.699
Previous Day Low: 118.843

Daily:
ROMAR – Resistance
EMA – Resistance previous day open below EMA
PSAR - Resistance

Check List:
Fibo Green near 0
Last MACD ‘0’ down
Last EMA arrow down
Last DB Attachment 118.843
Last SAR Attachment 118.843
Lower BB pointing down
Both Divergences attached at 118.843

Notes:

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
BB opening wide
Both Divergences attached 118.843

Check List
Fibo green near 0
Last DB Attachment 118.843
Last SAR Attachment 121.37

Notes:

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

Check List:
Fibo is green near 0
Last MACD ‘0’ arrow down
Last EMA arrow down
Last DB Attachment 118.843
Last SAR Attachment 121.37
BB are open wide
Both Divergences attached 118.843

Notes:

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

Check List:
Fibo green
Last MACD ‘0’ down
Last EMA arrow down


Entry notes:

Full down trend on all charts. The daily MACD arrow printed today and the market is below the Daily BB. Last EMA Red arrow 3 days ago. The daily SAR has separated from the DB and rejoined at 118.43 along with both Divergences. All charts show both divergences attached with DB but only Daily has SAR rejoined with DB from the top. Fibo is positioned for the UP on all charts. There is no Red news forecast.

The H2 is my trading chart. 23.6 and 61.8 are heavy support/resistance on all charts. Trade only one way during this trend until one of the charts allows for trading both ways.

Projected Entry: Trade off resistance back into trend.
candy is dandy but liquor is quicker
  • #16,348
  • Aug 1, 2019 6:15pm Aug 1, 2019 6:15pm
Quoting humlux
EUR/JPY Calendar Date 8.1.19 Thursday Trading Date: 8.2.19 Friday No Red News Forecast Daily Open: 118.929 Previous Day High: 120.699 Previous Day Low: 118.843 Daily: ROMAR – Resistance EMA – Resistance previous day open below EMA PSAR - Resistance Check List: Fibo Green near 0 Last MACD ‘0’ down Last EMA arrow down Last DB Attachment 118.843 Last SAR Attachment 118.843 Lower BB pointing down Both Divergences attached at 118.843 Notes: 4 HR: ROMAR - Resistance EMA - Resistance PSAR - Resistance BB opening wide Both Divergences attached 118.843 Check...
This statement is incorrect: Last SAR Attachment 121.37
The Dove - Forex Trainer
  • #16,349
  • Aug 1, 2019 6:34pm Aug 1, 2019 6:34pm
Quoting dove_alliance
{quote} This statement is incorrect: Last SAR Attachment 121.37
Do you mean that the attachment is hidden under the DB at 118.43?
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2 test.png Size: 44 KB
candy is dandy but liquor is quicker
  • #16,350
  • Aug 1, 2019 6:38pm Aug 1, 2019 6:38pm
Quoting downunderfx
{quote} Market hit resistance at EMA on H2. Entered short with open bar beneath Smooth (also Purple which is in a slider with White){image} on H2. Also just noticed disconnect on Daily with DB and SAR - they will need to connect at a lower low.
Delayed assessment due to TP hit overnight for me, followed by early start this morning before getting to my computer.
Assessment: Won trade.
Plan seemed OK
Entry late. Waiting for confirmation is not part of the Paradox.
EMA hit was resistance and entry should have been off the next open bar.
Waiting put profit at risk as 0.0 fib was very close, and it wouldn't have taken much to bring out the Hidden Divergence which could have been followed by a turn up.
  • #16,351
  • Aug 1, 2019 6:57pm Aug 1, 2019 6:57pm
Quoting dove_alliance
{quote} Sounds like scalping in hopes of getting something. These days, and for a long time, the banks haven't been trading as they use to trade.
...And so they call it HFT...High Frequency Trading...they do it with fast internet, quantum computers, gold cables million dollars algorithms and what not....how are you my friend Mr. dove? hope all fine in your side of the woods...all fine here....
The Chonchy
  • #16,352
  • Aug 1, 2019 7:27pm Aug 1, 2019 7:27pm
NEWS High impact news in 10 hours

DAILY CHART - DATE: EURJPY2nd August 2019


ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow Down
Last DB Attachment Low
Fibo up or down Up
NOTES: ROMAR and EMA downtrend but DB attach is below 0.0 Fib
And has Std and Hidden Divergences attached.


4 HOUR CHART:

ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow
Last DB Attachment Low
Fibo up or down Up
NOTES: DB attachment is at 0.0Fib with Std and Hidden Divergence
Attached.



2 HOUR CHART:

Opening Price: 118.929
ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow Down
Last DB Attachment Low
Fibo up or down Up
NOTES: DB attach at 0.0 Fib with LG box. Also Std and Hidden Divergence.
4 HM in strong downtrend but MACD bars beginning to shorten.

1 HOUR CHART:

ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Check List:
Last MACD 0 Crossing Down
Last EMA Alert Arrow Down
Last DB Attachment N/A
Fibo up or down Up
NOTES: Market at 0.0 Fib. MACD bars shortening. White crossing Purple and market above Smooth.



NOTES (All four charts):
Trading Chart (Trend, Swing, Consolidation) ROMAR and EMA trends down on all charts.
4 HM trend weakening on H1 and MACD shortening on H1 and H2.
Confluence: DB attached with LG box on all charts and Std and Hidden
Divergence attached on all charts.
Fibo has flipped to Up (green) on all charts and Market just
above 0.0 Fib.
On Daily, market is currently 130 pips below Purple

Entry: Despite downtrend market has high probability of reversing.
Strong support (see confluence above) makes going short
a risk.
Wait for H2 White cross Purple, open above Smooth and
50+ pips to Resistance and go long.
  • #16,353
  • Aug 1, 2019 7:31pm Aug 1, 2019 7:31pm
Quoting dove_alliance
The reason why you traders were late is because all was needed was a 2 hour bar get just below the Divergences connection and stop to bring out the Hidden, leaving you short of your TP.. You traders did not see the trend and fortunately the trend was there and you both got your TP. In other words - the trade was off resistance giving you an extra 20+ pips before the entry. As I have said time and time again. Trade off support and trade off resistance - never from center. If you wait then it will cost you in the long run.
Thank you Dove, I realize now that in waiting I was putting the trade at greater risk and the evidence to go short earlier was there.
I will go back and do some more reading.
  • #16,354
  • Aug 2, 2019 3:40pm Aug 2, 2019 3:40pm
Quoting humlux
EUR/JPY Calendar Date 8.1.19 Thursday Trading Date: 8.2.19 Friday No Red News Forecast Daily Open: 118.929 Previous Day High: 120.699 Previous Day Low: 118.843 Daily: ROMAR – Resistance EMA – Resistance previous day open below EMA PSAR - Resistance Check List: Fibo Green near 0 Last MACD ‘0’ down Last EMA arrow down Last DB Attachment 118.843 Last SAR Attachment 118.843 Lower BB pointing down Both Divergences attached at 118.843 Notes: 4 HR: ROMAR - Resistance EMA - Resistance PSAR - Resistance BB opening wide Both Divergences attached 118.843 Check...
Closing this trading plan being end of week near 5 pm. No trade taken.
candy is dandy but liquor is quicker
  • #16,355
  • Aug 2, 2019 9:33pm Aug 2, 2019 9:33pm
Quoting downunderfx
NEWS High impact news in 10 hours DAILY CHART - DATE: EURJPY2nd August 2019 ROMAR: Resistance EMA: Resistance Parabolic: Resistance Check List: Last MACD 0 Crossing Down Last EMA Alert Arrow Down Last DB Attachment Low Fibo up or down Up NOTES: ROMAR and EMA downtrend but DB attach is below 0.0 Fib And has Std and Hidden Divergences attached. 4 HOUR CHART: ROMAR: Resistance EMA: Resistance Parabolic: Resistance Check List: Last MACD 0 Crossing Down Last EMA Alert Arrow Last DB Attachment Low Fibo up or down Up NOTES: DB attachment is at 0.0Fib with...
No trade.
Market continued it's downtrend but MACD has turned up on H2.
Looking back I can't see an entry.
New plan next week.
  • #16,356
  • Aug 2, 2019 11:40pm Aug 2, 2019 11:40pm
hi guys, i have this flow of thought regarding trading DB/SAR in ranging and i was hoping to understand if how i'm getting it if it's truth,i will reference the daily for my scenario
we have on the first daily chart has the hidden attached bottom and db attached on top(how the ranging started),then goes lower db attaching with standard divergence and making a lower low,
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDaily PAST.png Size: 64 KB
Attachment g
below then we have the this chart i had brought up early regarding daily being in a full blown down a-few weeks ago.we had the SAR attached down in the parabolic trend therefore the next attachment is down to bring out the DB that is(still ranging).
Attached Image (click to enlarge)
Click to Enlarge Name: STUDY DAILY.png Size: 87 KB
now currently the breakout happens,and how it happened is as it started,with hidden divergence and standard and DB/SAR attached together and moving together,so we had SAR on the next daily chart attached below with DB at the bottom [120.194]so that what happened next is SAR breaking out and attaching at PSAR, for the entry now back to the daily trend which was now a full blown down
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 76 KB

i think that's how i missed on the big picture and failed to see the sell from the top,

hoping to get a critique regarding that way of thinking
  • #16,357
  • Aug 3, 2019 10:02am Aug 3, 2019 10:02am
Quoting djiminova
hi guys, i have this flow of thought regarding trading DB/SAR in ranging and i was hoping to understand if how i'm getting it if it's truth,i will reference the daily for my scenario we have on the first daily chart has the hidden attached bottom and db attached on top(how the ranging started),then goes lower db attaching with standard divergence and making a lower low,{image}3403536 below then we have the this chart i had brought up early regarding daily being in a full blown down a-few weeks ago.we had the SAR attached down in the parabolic trend...
If you had studied you would had gotten it right a long time ago. The Daily works exactly the same as the trading charts. I had spent a lot of time working with you traders on Divergences. 90% of the time it is the Parabolic hit with the SAR for entry to bring out the Hidden Divergence. The other 10% is with the EMA hit depending how close the Parabolic is within range of EMA. This is one reason why the H2 is your trading chart. Both the Daily and the H2 pretty much work together.

In ranging you always use support and resistance for entry. If you wait - you will lose. Especially if the ranging marks are less than 60 pips. And you never counter-trade the Parabolic while trending between the high and low of the Fibo.

The High and low of the Fibo is your substance on the H2. Once the High or Low is established then you have a 90% waiting period for the turn. And that can be many hours into days before the turn while going sideways. This is when you have the DB, SAR, Standard Divergence, Hidden Divergence all together and showing on the SAME BAR. From that point your trading is over until the turn has been established on the H2.

Waiting for an entry AFTER support or resistance is hit - in my books - is a losing trade. You are then trading from center. You need to learn how to read support and resistance. Especially with the Daily and the H2 charts.

You have all the tools with the Paradox to become one of the best. All you need to do is learn how to use them.

One other thing: If the Hidden Divergence is on the bottom then the trend is down. If the Hidden Divergence is on top then the trend is up. If the Standard Divergence on both top and bottom then the market is ranging. The Ranging can be either sideways, or uptrend, or downtrend. And the SAR is the most powerful indicator in the world. It will take you where you need to be. Provided you never, ever counter-trade the trend. Only in ranging are you allow to counter-trade.
The Dove - Forex Trainer
  • #16,358
  • Aug 3, 2019 10:23am Aug 3, 2019 10:23am
A question: How is ranging established?

The first element is ROMAR: If ROMAR is out of balance on the H2 with the H4 and/or the Daily and not sync - then your ARE in the ranging mode. If you noticed - I did not mention the H1 chart. The H1 is used for reference with support and resistance ONLY for sync with the H2. The H1 is not; and I repeat - is not a trading chart.

The second element is the Db/SAR running with one another with the DB showing.
The Dove - Forex Trainer
  • #16,359
  • Aug 4, 2019 12:20am Aug 4, 2019 12:20am
Quoting dove_alliance
{quote} If you had studied you would had gotten it right a long time ago. The Daily works exactly the same as the trading charts. I had spent a lot of time working with you traders on Divergences. 90% of the time it is the Parabolic hit with the SAR for entry to bring out the Hidden Divergence. The other 10% is with the EMA hit depending how close the Parabolic is within range of EMA. This is one reason why the H2 is your trading chart. Both the Daily and the H2 pretty much work together. In ranging you always use support and resistance for entry....
Your response is much appreciated sir.
  • #16,360
  • Aug 4, 2019 8:34am Aug 4, 2019 8:34am
Quoting chonchy
{quote} ...And so they call it HFT...High Frequency Trading...they do it with fast internet, quantum computers, gold cables million dollars algorithms and what not....how are you my friend Mr. dove? hope all fine in your side of the woods...all fine here....
I had to look up this HTF and algorithms to what you was referring too; and here is what I found:

High frequency trading (or HFT) is a form of advanced trading platform that processes a high numbers of trades very quickly using powerful computing technology. It can be used to either find the best price for a single large order, or to find opportunities for profit in the market in real time. The algorithms behind high frequency trading tend to be extremely complex, allowing the program to trade across several markets at once as conditions are met. The advantage of HFT is largely down to how quickly the platform can process trades, so the focus is on the power of computers used and location of computing programs. By placing themselves nearby to the exchanges taking orders, HFT firms can gain millisecond advantages over their rivals.

Algorithmic trading is a method of executing orders using automated pre-programmed trading instructions accounting for variables such as time, price, and volume to send small slices of the order out to the market over time.

Apparently the banks have been using this method for a long time; and what is amazing is the Paradox continues in reading the market before it even happens. My internet speed is 117 mega bites per second at 5G. I am sure after reading what the banks are using are a lot faster than mine. And still - the Paradox takes me in and out of trades perfectly without any errors. This means the banks can never overcome Support and Resistance with any platform they processes. It is the same in the market for ALL TRADERS around the world with Forex.

Yes Carlos - I am doing good and happy to know you are doing good also. Take care.
The Dove - Forex Trainer
6 traders viewing now