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The Paradox System

  • #121
  • Jan 24, 2016 5:38pm Jan 24, 2016 5:38pm
On the H1, it looks like purple is crossing the white indicator. On H1, what will that mean? Pullback to EMA perhaps?
  • #122
  • Jan 24, 2016 5:43pm Jan 24, 2016 5:43pm
Quoting laksior
Dove, stupid question. Do i really need the Paradox Sessions Indicator on my chart? I know where my day opens and close.
It depends when your day opens. You should at least have the Sydney showing so you know when the data changes over. The other sessions does not need to be on your chart, and they weren't when you open your charts. So that is on you what you decide.
The Dove - Forex Trainer
  • #123
  • Jan 24, 2016 5:45pm Jan 24, 2016 5:45pm
Quoting dove_alliance
{quote} It depends when your day opens. You should at least have the Sydney showing so you know when the data changes over. The other sessions does not need to be on your chart, and they weren't when you open your charts. So that is on you what you decide.
My Sydney session opens at 11 PM. So it's little late. I will try to trade in London and NY sessions.
  • #124
  • Jan 24, 2016 5:48pm Jan 24, 2016 5:48pm
I had already posted the question....
The Dove - Forex Trainer
  • #125
  • Jan 24, 2016 5:58pm Jan 24, 2016 5:58pm
Quoting rcbarlow
On the H1, it looks like purple is crossing the white indicator. On H1, what will that mean? Pullback to EMA perhaps?
The White crossing Purple is indicating a beginning of consolidation. Provided it does make a clean crossing and not slide on top of purple. As you can see the market is retracing for the consolidation and the White arrow had shown indicating the MACD crossing zero.

The market is now in consolidation for 1; reversal or 2; a slider for the continuance of the uptrend. And only time will tell which of the two it will do.
The Dove - Forex Trainer
  • #126
  • Jan 24, 2016 6:02pm Jan 24, 2016 6:02pm
Take note with the 1 hour EMA holding SUPPORT. The 2 hour has a ways for the EMA support.
The Dove - Forex Trainer
  • #127
  • Jan 24, 2016 6:10pm Jan 24, 2016 6:10pm
You had the Red and White arrows indicating a sell. As learning this system you have to learn about the support/resistance of the Parabolic and judging the Pips to the Parabolic. You have a minimum of the 20 pips to the Parabolic then it is a safe trade. If not -- then don't even try it.
The Dove - Forex Trainer
  • #128
  • Jan 24, 2016 6:15pm Jan 24, 2016 6:15pm
Based on the 2 hr chart and the fact that price has not hit the SAR on the H1, we are still in a retracement and trend will continue up. If the price hits the SAR on the H1 then I would close my long trade. Is this about right?
  • #129
  • Jan 24, 2016 6:15pm Jan 24, 2016 6:15pm
Wow, thats a hell of a chart....not sure if God could even interpret that one. Never the less I am putting a prayer through to the big fella now to see if he can help me see the light of the system. Thanks for sharing by the way.
  • #130
  • Jan 24, 2016 6:17pm Jan 24, 2016 6:17pm
Quoting dove_alliance
You had the Red and White arrows indicating a sell. As learning this system you have to learn about the support/resistance of the Parabolic and judging the Pips to the Parabolic. You have a minimum of the 20 pips to the Parabolic then it is a safe trade. If not -- then don't even try it.
++++++++++++++++++++++++++++++++

Good rule to note. Also came with my first audible alert: SELL signal at Ask=118.53
  • #131
  • Jan 24, 2016 6:18pm Jan 24, 2016 6:18pm
Traders - at this time the 1 hour is in consolidation for a reversal. But that reversal will not happen until you have the four horsemen on the other side of Purple with the 1 hour chart.
The Dove - Forex Trainer
  • #132
  • Jan 24, 2016 6:22pm Jan 24, 2016 6:22pm
Quoting rcbarlow
Based on the 2 hr chart and the fact that price has not hit the SAR on the H1, we are still in a retracement and trend will continue up. If the price hits the SAR on the H1 then I would close my long trade. Is this about right?
The SAR is not even showing yet which means the trend is still up and could very well consolidate back into the trend. The Parabolic is a deadly stopper. Just remember that.
The Dove - Forex Trainer
  • #133
  • Jan 24, 2016 6:27pm Jan 24, 2016 6:27pm
Quoting diamonddbw
{quote} ++++++++++++++++++++++++++++++++ Good rule to note. Also came with my first audible alert: SELL signal at Ask=118.53
The alert is how you judge for accumulating the pips to the Parabolic. So if your late on entry for the Parabolic then just wait - there will be plenty more to trade.
The Dove - Forex Trainer
  • #134
  • Jan 24, 2016 6:33pm Jan 24, 2016 6:33pm
Quoting rcbarlow
Based on the 2 hr chart and the fact that price has not hit the SAR on the H1, we are still in a retracement and trend will continue up. If the price hits the SAR on the H1 then I would close my long trade. Is this about right?
You always close your trade with the White/Purple crossing. That trade is finished. You then wait for the next indication of an entry - either with the reversal or the slider.
The Dove - Forex Trainer
  • #135
  • Jan 24, 2016 7:05pm Jan 24, 2016 7:05pm
The Red Arrow was the alert for the market crossing EMA. It hit the Parabolic and retraced back above the signal indicator and disappeared. In the data the signal is still there. But will show again on the next market crossing of EMA. The White Arrow is for the MACD zero crossing and will reappear on the opposite direction pointing up. This is known as trading in the moment. Also take note of the Parabolic stopping the market on the down.
The Dove - Forex Trainer
  • #136
  • Jan 24, 2016 7:08pm Jan 24, 2016 7:08pm
Through all this process with the 1 hour take note on the 2 hour holding Smooth support.
The Dove - Forex Trainer
  • #137
  • Jan 24, 2016 7:10pm Jan 24, 2016 7:10pm
The 2 hour chart is still in the up trend. Until White crosses Purple it remains in the trend.
The Dove - Forex Trainer
  • #138
  • Jan 24, 2016 7:22pm Jan 24, 2016 7:22pm
On the next 1 hour candle the Parabolic will be at EMA for the hit of the LR for the flip. Which sets up the 2 hour for your trades. Once the flip on the 1 hour Parabolic takes place - we then will go from there.
The Dove - Forex Trainer
  • #139
  • Jan 24, 2016 7:59pm Jan 24, 2016 7:59pm
By using the readings on the H2 chart, and the SAR on the H1 chart, and holding my long, I am now back to BE and looking for gains.
  • #140
  • Jan 24, 2016 8:01pm Jan 24, 2016 8:01pm
Quoting rcbarlow
By using the readings on the H2 chart, and the SAR on the H1 chart, and holding my long, I am not back to BE and looking for gains.
My question is: Are you in a trade and if so, where did you entered.
The Dove - Forex Trainer
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