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The Paradox System

  • #441
  • Jan 27, 2016 8:21am Jan 27, 2016 8:21am
Quoting arya.aryaee
{quote} entry and exit have been shown on the pictures by two horizontal arrows. H2 : was uptrend because of EMA was over the ROMAR. and candle opened above EMA. H1: uptrend because EMA is over the ROMAR and 4 horsemen were a good positon in upward. candle was opened above Purple
  • #442
  • Jan 27, 2016 8:36am Jan 27, 2016 8:36am
Nice +40.

Bought at the open of the bar marked with a blue arrow.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy_26_1_16.png Size: 82 KB
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #443
  • Jan 27, 2016 8:37am Jan 27, 2016 8:37am
Thanks for your input Davit, I'm sure it is was with good intentions. However I think if you had taken the time to read this thread before commenting, you would see we are in very good hands here. Good trading to you.
“The waiting is the hardest part” Tom Petty
  • #444
  • Jan 27, 2016 8:47am Jan 27, 2016 8:47am
Quoting shinny
Nice +40. Bought at the open of the bar marked with a blue arrow. {image}
Please could you
explain your entry?
  • #445
  • Jan 27, 2016 8:49am Jan 27, 2016 8:49am
Quoting shinny
Nice +40. Bought at the open of the bar marked with a blue arrow. {image}
same as me...

+40


but i hesited because new on USD at 10h30...
  • #446
  • Jan 27, 2016 8:54am Jan 27, 2016 8:54am
Quoting woww
{quote} Please could you explain your entry?

2Hr - EMA above ROMAR, price opens above smooth and purple, after a move down to the ROMAR. Swings are up on the 2 hr.

1 Hour- Price above ROMAR and EMA. PARABOLIC flip, 4 Horsemen set up to trend, no brainer trade (to me anyway) that never went more than 6 pips into drawdown.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #447
  • Jan 27, 2016 8:58am Jan 27, 2016 8:58am
Quoting shinny
{quote} 2Hr - EMA above ROMAR, price opens above smooth and purple, after a move down to the ROMAR. Swings are up on the 2 hr. 1 Hour- Price above ROMAR and EMA. PARABOLIC flip, 4 Horsemen set up to trend, no brainer trade (to me anyway) that never went more than 6 pips into drawdown.
thank you so much.
Beautifull trade
  • #448
  • Edited 12:51pm Jan 27, 2016 9:10am | Edited 12:51pm
Quoting woww
{quote} OK Mr Dove please correct my analisys now price show Long and maybe my analisus was good (???) but what that have stopped me, to enter in the trade, was the PSAR on 2 hour chart that flipped to the other side when it's too late.... Thanks
Being a teacher I have always learned in order for knowledge, wisdom, and understanding to be applied it begins with basic. First I must give a complete revolution of how the system works; and this step is applied with a continuance of references. The next step is witnessing mistakes from the references and make corrections in the direction which the mistake should had not been made. And believe me; this is not easy because of the way people think. So a continuance of corrections or forth going.

This system was built to trade in the moment which is also looking into the future. And the question I always get is how do you trade looking into the future?

Believe it or not - this is not complicated at all. It is the same thing as ROMAR vs EMA I had recently posted. And it is also the same reference as Consolidation vs Trends. So take a look at this tight consolidation we just had after opening yesterday:
Attached Image (click to enlarge)
Click to Enlarge Name: SN - H2 - 26_ENTRY-a.JPG Size: 64 KB


The very first step for a consolidation and/or trend is the White crossing Purple. From that point you are looking into the future. The first thing you notice is if the crossing is with the ROMAR trend or is it a counter-trade. This also eliminates the Parabolic support/resistance because in consolidation with the White/Purple crossing; you then have a market up and down. On the picture with the first arrow you had the White/Purple crossing with an open candle below Smooth and just above EMA which was a counter-trade against ROMAR. On the second arrow you had the White/Purple crossing with an open candle above both EMA and Smooth and into the trend with ROMAR. The parabolic's had been eliminated with the White/Purple crossings and that was an entry going into the future.
The Dove - Forex Trainer
  • #449
  • Jan 27, 2016 9:26am Jan 27, 2016 9:26am
Quoting Davit
{quote} Agree on Demo Its not so much about % of wins losses but how big losses are. One can have 95% winning rate and still blow the account.
I completely disagree. Dove said to use 40 pip stop loss. If you have 95% win rate then the 5% you don't, will not blow your account. 40 pips is nothing.
  • #450
  • Jan 27, 2016 9:32am Jan 27, 2016 9:32am
Quoting dove_alliance
{quote} Being a teacher I have always learned in order for knowledge, wisdom, and understanding to be applied it begins with basic. First I must give a complete revolution of how the system works; and this step is applied with a continuance of references. The next step is witnessing mistakes from the references and make corrections in the direction which the mistake should had not been made. And believe me; this is not easy because of the way people think. So a continuance of corrections or forth going. This system was built to trade in the moment...
Thank you very much mr. Dove
now i have another brick to build the wall...
  • #451
  • Jan 27, 2016 9:34am Jan 27, 2016 9:34am
Quoting L1ndgren
{quote} I completely disagree. Dove said to use 40 pip stop loss. If you have 95% win rate then the 5% you don't, will not blow your account. 40 pips is nothing.
I think that David would say only to take evreything whit critical perspective...
  • #452
  • Jan 27, 2016 9:36am Jan 27, 2016 9:36am
Quoting woww
{quote} I think that David would say only to take evreything whit critical perspective...
I'm just thinking of the numbers.

If you go 95 trades gaining 10-20 pips on each trade, that's 950-1900 pips. If you go 5 trades and hit a 40 pip stop loss each time, that's 200 pips. See what I'm trying to say? You're still netting 750 pips at worst.
  • #453
  • Jan 27, 2016 9:45am Jan 27, 2016 9:45am
Quoting L1ndgren
{quote} I'm just thinking of the numbers. If you go 95 trades gaining 10-20 pips on each trade, that's 950-1900 pips. If you go 5 trades and hit a 40 pip stop loss each time, that's 200 pips. See what I'm trying to say? You're still netting 750 pips at worst.
My posts were not directly about this system but trading in general.
Most new traders often and I mean often disregard putting that 40pip stop or move lower hoping it comes back and soon becomes a monster loss.
This has lot to do with trading psychology. Please read Turtle trading experiment.Very intriguing results.
Realistically you are not going to hit 95% winning rate.That's just reality.
I just tried to shed some light that successful trading is much more then a system.
In trading, you have to be defensive and aggressive at the same time
  • #454
  • Jan 27, 2016 9:49am Jan 27, 2016 9:49am
Quoting Davit
{quote} My posts were not directly about this system but trading in general. Most new traders often and I mean often disregard putting that 40pip stop or move lower hoping it comes back and soon becomes a monster loss. This has lot to do with trading psychology. Please read Turtle trading experiment.Very intriguing results. Realistically you are not going to hit 95% winning rate.That's just reality. I just tried to shed some light that successful trading is much more then a system.
And he is correct - if you move your stop and hoping for a come back you are then deep in the hole and may never recover that lost.
The Dove - Forex Trainer
  • #455
  • Jan 27, 2016 9:52am Jan 27, 2016 9:52am
Quoting dove_alliance
{quote} And he is correct - if you move your stop and hoping for a come back you are then deep in the hole and may never recover that lost.
And also that is how money management comes into play is with a correct stop according with your margin.
The Dove - Forex Trainer
  • #456
  • Jan 27, 2016 9:57am Jan 27, 2016 9:57am
Quoting Davit
{quote} My posts were not directly about this system but trading in general. Most new traders often and I mean often disregard putting that 40pip stop or move lower hoping it comes back and soon becomes a monster loss. This has lot to do with trading psychology. Please read Turtle trading experiment.Very intriguing results. Realistically you are not going to hit 95% winning rate.That's just reality. I just tried to shed some light that successful trading is much more then a system.
True, psychological and mental training is very important and you will not succeed in the long term without the right mindset. Once you have the right mindset however, making the correct entry into the trend with the paradox system is possible and one can achieve a near perfect success rate. The system may not be for everyone, but those who seek understanding and have faith will succeed.
  • #457
  • Jan 27, 2016 10:03am Jan 27, 2016 10:03am
Quoting L1ndgren
{quote} True, psychological and mental training is very important and you will not succeed in the long term without the right mindset. Once you have the right mindset however, making the correct entry into the trend with the paradox system is possible and one can achieve a near perfect success rate. The system may not be for everyone, but those who seek understanding and have faith will succeed.
"but those who seek understanding and have faith will succeed."

And that my friend; is the secret.
The Dove - Forex Trainer
  • #458
  • Jan 27, 2016 10:24am Jan 27, 2016 10:24am
The most successful traders are people who see trading as a way of life. To achieve great success in any field, you must drink, eat and breathe in that field. You must wake up and study as if it is your life's mission. It will become a part of your soul. I find these people have strong convictions, and in other words are obsessed.

Of course you need freedom to do this. I am fortunate enough to be young (20s) and have close to zero obligation. I come home from school and read about the markets. I come home from my part-time job and read about the markets. My friends and family are understanding enough to know this is my passion. I used to be addicted to video games but where would that lead me? Nowhere. Now, I am addicted to the markets and it is a part of who I am and my future. I know this because I have faith in myself and in my 'Creator'.
  • #459
  • Jan 27, 2016 10:31am Jan 27, 2016 10:31am
Traders - we have a new high resistance and the Fibo had flipped for the down.
The Dove - Forex Trainer
  • #460
  • Jan 27, 2016 10:35am Jan 27, 2016 10:35am
Quoting dove_alliance
Traders - we have a new high resistance and the Fibo had flipped for the down.
Until consolidation that new high can be bumped up a few times.
The Dove - Forex Trainer
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