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The Paradox System

  • #681
  • Jan 28, 2016 6:41pm Jan 28, 2016 6:41pm
The next SAR is on the 2 hour. And that means it has to get lower low.
The Dove - Forex Trainer
  • #682
  • Jan 28, 2016 6:44pm Jan 28, 2016 6:44pm
Good evening everybody,


Because of the amount of information given by Dove, and the fact he is only here to teach us this week and the next week, I decided to update a summery of the most important posts everyday. So attached you will find summary of 27 Jan. Tomorrow evening I post 28 Jan and probably 29 also.

For the past dates see my previous posts, or click on the paperclip logo on top of this thread.

I'm off to bed now. (3.45 in the morning here in the Netherlands) .

Thanks again Dove for your lessons. I guess there is still a lot to learn in the next few days. Looking forward to it!
Attached File(s)
File Type: docx Paradox System summary 27 Jan 2016.docx   312 KB | 1,255 downloads
  • #683
  • Jan 28, 2016 6:47pm Jan 28, 2016 6:47pm
Quoting dove_alliance
The next SAR is on the 2 hour. And that means it has to get lower low.
Hi Dana,
What does it mean when the SAR appear? Should we go long from there? thanks
  • #684
  • Jan 28, 2016 6:54pm Jan 28, 2016 6:54pm
Thank you again Trade alot. Printing out Dove's summaries and going back through like a book, highlighting entries really helps me retain everything.
“The waiting is the hardest part” Tom Petty
  • #685
  • Jan 28, 2016 7:03pm Jan 28, 2016 7:03pm
I was on a call and I need to call it a day. Trade well and God bless us all.
The Dove - Forex Trainer
  • #686
  • Jan 28, 2016 7:05pm Jan 28, 2016 7:05pm
Quoting dove_alliance
I was on a call and I need to call it a day. Trade well and God bless us all.
Ok Good. Thank you Dana. See you tomorrow, have a good night.
  • #687
  • Jan 28, 2016 7:22pm Jan 28, 2016 7:22pm
WOW that was insane, did anyone just see that 70 pip swing?
  • #688
  • Jan 28, 2016 7:26pm Jan 28, 2016 7:26pm
What on Earth is going on right now. It's going violently up and down 70 pips
  • #689
  • Jan 28, 2016 7:26pm Jan 28, 2016 7:26pm
Possible: Monetary Policy Statement of JPY
  • #690
  • Jan 28, 2016 7:30pm Jan 28, 2016 7:30pm
Quoting L1ndgren
What on Earth is going on right now. It's going violently up and down 70 pips
News day Friday for Japan - BOJ monetary policy statement anticipation. Dove has said not to trade around news.
Enter Signature
  • #691
  • Jan 28, 2016 8:27pm Jan 28, 2016 8:27pm
Tradealot

Many thanks for your kind work
Have printed out and will study it carefully
  • #692
  • Jan 28, 2016 8:42pm Jan 28, 2016 8:42pm
Yeah was watching the crazy yen action. Did anybody take the bounce off h2 purple and 61.8 after that rise? Was watching for the retrace but was away and missed it.
  • #693
  • Jan 28, 2016 8:57pm Jan 28, 2016 8:57pm
Quoting TradeALot
Good evening everybody, Because of the amount of information given by Dove, and the fact he is only here to teach us this week and the next week, I decided to update a summery of the most important posts everyday. So attached you will find summary of 27 Jan. Tomorrow evening I post 28 Jan and probably 29 also. For the past dates see my previous posts, or click on the paperclip logo on top of this thread. I'm off to bed now. (3.45 in the morning here in the Netherlands) . Thanks again Dove for your lessons. I guess there is still a lot to learn...
Great work mate
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #694
  • Jan 28, 2016 9:14pm Jan 28, 2016 9:14pm
Quoting ForexSamsam
i have installed Splashtop on my phone.. Then i can see the charts all the day at work..
please how can i get this software and make it to work on an android phone
  • #695
  • Jan 28, 2016 9:23pm Jan 28, 2016 9:23pm
Folks:
I took a long on USDJPY about 14hrs ago and got 40 pips. The approach is not that complicated as it seems. The thing is that there just alot of little parts that have to be recognized and the roles they play to create support/resistance/consolidation/trend. I would recommend to re-read post 49. Look at the image and get familiar with the part that each line plays. Then look at the simple plan that is detailed. AT the very least with the simple plan u can recognize if the 3 TFs are in sync or not like right away. I re-organized the roles/rules so they would make sense to me. For example I look to see if the EMA is above the ROMAR to consider that an upward sign. The rules indicate to look for ROMAR below the EMA to indicate an upward sign.

Anyhow below is what took place. First chart is what I looked at 1st, the 2H TF then once I knew what it indicated I looked at the H1 for agreement and for an entry.
I did look at the D1 chart , I SAW that the EMA was below the ROMAR so that was downward indication with the ROMAR acting as resistance. Basically it was not in agreement with the H1 ahd H2 TFs so I was looking at a consolidation trade.

I circled the entries and placed an explanation. Hope it helps folks. Enjoy.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Paradox_2H.jpg Size: 364 KB
Click to Enlarge Name: Paradox_1H.jpg Size: 390 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #696
  • Jan 28, 2016 9:34pm Jan 28, 2016 9:34pm
Quoting shinny
{quote} Hi I can only speak from my experience so far but it looks like you are too far away from any support. The idea with this system is to buy from support and sell from resistence. If your psar had flipped on the price bar that closed above the ROMAR/EMA etc, then that in my opinion would be a good trade as you are buying from support (ema & ROMAR) and your a lot closer to the bottom of the turn. In the chart you posted, you are basically buying a price bar that looks mid-air, its just hanging there!!! Probably still good for 20 pips though??...
yes, probably you right it can get 20 pip..but what still try to understand is does we take trade when market is near or touch support / resistance?
or we take action based on the requirement?
because when sometime if i tried to take trade based on requirement i think it is kind a late, as you see at my post earlier
i've tried to take buy when all requirement meet,, but it went against me and mt sl touched, i there something besides ROMAR,EMA,purpple, white and smooth, sar, psar that we have to look at? if i took trade based on support/resistance the requirement does not meet

thank you, i really want to make this system my priority
  • #697
  • Jan 28, 2016 9:48pm Jan 28, 2016 9:48pm
Which indicator in this system generates this Buy/Sell Alert ? It would be nice to have the indicator enhanced to include notification which can then send it directly to a mobile so we can then get to a computer to have look at the chart incase we are away from the computer and can't hear the alert.
Attached Image
Trading is SIMPLE not EASY.
  • #698
  • Jan 28, 2016 10:01pm Jan 28, 2016 10:01pm
Quoting xmess7
Folks: I took a long on USDJPY about 14hrs ago and got 40 pips. The approach is not that complicated as it seems. The thing is that there just alot of little parts that have to be recognized and the roles they play to create support/resistance/consolidation/trend. I would recommend to re-read post 49. Look at the image and get familiar with the part that each line plays. Then look at the simple plan that is detailed. AT the very least with the simple plan u can recognize if the 3 TFs are in sync or not like right away. I re-organized the roles/rules...
I took the same entry. It doesn't look as good looking back right now beacuse of the price pop making the charts look tight, but it was a good entry - just had to be patient.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #699
  • Jan 28, 2016 10:16pm Jan 28, 2016 10:16pm
trade of today !
Thank Dove!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 36 KB
Click to Enlarge Name: USDJPYH2.png Size: 38 KB
  • #700
  • Jan 28, 2016 10:38pm Jan 28, 2016 10:38pm
Quoting Bsverma
...all indicatior copy done where i paste selected inicatior .sir as dove instruction 1st step open file>open data folder>template open>copy all >paste.......????? where[here problem] next open MQL4> here indcatior open copy all >paste....???? where[same problem]
Bsverma - I just sent you a personal message on how to do this. Hope it helps.
Defeat is temporary, but giving up is permanent.
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