The Paradox System | Page 52 | 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

  • #1,021
  • Feb 1, 2016 4:20pm Feb 1, 2016 4:20pm
Attached are my 1 hour, 2 hour and daily EJ charts respectively.

For me there is currently no clear entry on the 1 hour or 2 hour charts. The Purple, Smooth, White and EMA are either too close or not in the correct order to trade.

Regards

Edit: On the daily chart the dashed green line that has just been crossed is the 61.8 fibo
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2016-02-01 at 22.15.20.png Size: 86 KB
Click to Enlarge Name: Screen Shot 2016-02-01 at 22.15.43.png Size: 91 KB
Click to Enlarge Name: Screen Shot 2016-02-01 at 22.16.01.png Size: 95 KB
  • #1,022
  • Feb 1, 2016 4:27pm Feb 1, 2016 4:27pm
Here is my plan. I wait for ur comments, Master. Thank you.

D1
Attached Image (click to enlarge)
Click to Enlarge Name: D1 2 feb 16.png Size: 38 KB


H2
Attached Image (click to enlarge)
Click to Enlarge Name: H2 2 feb 16.png Size: 47 KB


H1
Attached Image (click to enlarge)
Click to Enlarge Name: H1 2 feb 16.png Size: 47 KB
  • #1,023
  • Feb 1, 2016 4:32pm Feb 1, 2016 4:32pm
Quoting Timo7
Hi, Dove, this is a great system, May I ask, how did you come up with this system? What is the background to it creating this? I'm sure a lot of us here would love to know. Thanks.
The story is something many would not understand. But without trying to insult those who do not believe I will try:

Every human being has a spirit. And if one believes in Jesus with all their heart; then has conquered many obstacles that stands in their way. My faith and belief is rooted so deep that nothing can destroy it. My own spirit is connected with the Holy Spirit in which He is our teacher and guidance in life. It was through He that the Paradox was created; which goes back to 2003.
The Dove - Forex Trainer
  • #1,024
  • Feb 1, 2016 4:34pm Feb 1, 2016 4:34pm
Hi, my daily plan looks like this:


Daily plan 2016.02.02

ROMAR on Daily - down
ROMAR on 2H - up
ROMAR on 1H up
Market is in consolidation

2H chart
Opening at 131.75
ROMAR - suppport
SMOOTH - resistance
EMA support
NOTES
Four horsemen are in uptrend but Purple crossed White. First sign of reversal/ weakness.

1H chart
ROMAR - support
SMOOTH - resistance
EMA - resistance
NOTES
Purple crossed White and Smooth. All 4 horsemen are very close in a tight range.


Daily chart
ROMAR - support
SMOOTH - support
EMA - support
NOTES
All 4 horsemen are in uptrend. And Purple is very close to ROMAR. Looks like its going to cross it.
  • #1,025
  • Feb 1, 2016 4:46pm Feb 1, 2016 4:46pm
Quoting Contrax
Here is my plan. I wait for ur comments, Master. Thank you. D1 {image} H2 {image} H1 {image}
Very good trading plan Daniel. You are in waiting mode with the down and using caution for the 2 hour Parabolic flip. That is a very good trading plan. Very good insight.
The Dove - Forex Trainer
  • #1,026
  • Feb 1, 2016 4:46pm Feb 1, 2016 4:46pm
Quoting dove_alliance
{quote} The story is something many would not understand. But without trying to insult those who do not believe I will try: Every human being has a spirit. And if one believes in Jesus with all their heart; then has conquered many obstacles that stands in their way. My faith and belief is rooted so deep that nothing can destroy it. My own spirit is connected with the Holy Spirit in which He is our teacher and guidance in life. It was through He that the Paradox was created; which goes back to 2003.
Thanks Mr Dove, Then you would be familiar with the verse in Luke 19:13 taken from the Hebraic Roots Bible, which says: "Trade and keep busy till I come"!
  • #1,027
  • Feb 1, 2016 4:48pm Feb 1, 2016 4:48pm
Quoting bigijs
Hi, my daily plan looks like this: Daily plan 2016.02.02 ROMAR on Daily - down ROMAR on 2H - up ROMAR on 1H up Market is in consolidation 2H chart Opening at 131.75 ROMAR - suppport SMOOTH - resistance EMA support NOTES Four horsemen are in uptrend but Purple crossed White. First sign of reversal/ weakness. 1H chart ROMAR - support SMOOTH - resistance EMA - resistance NOTES Purple crossed White and Smooth. All 4 horsemen are very close in a tight range. Daily chart ROMAR - support SMOOTH - support EMA - support NOTES All 4 horsemen are in uptrend....
OK - Now where is your projected entry? A plan is no good without an entry point.
The Dove - Forex Trainer
  • #1,028
  • Feb 1, 2016 4:51pm Feb 1, 2016 4:51pm
Quoting Timo7
{quote} Thanks Mr Dove, Then you would be familiar with the verse in Luke 19:13 taken from the Hebraic Roots Bible, which says: "Trade and keep busy till I come"!
Very much so - "Before he left, he called together ten of his servants and divided among them ten pounds of silver, saying, 'Invest this for me while I am gone."
The Dove - Forex Trainer
  • #1,029
  • Feb 1, 2016 5:00pm Feb 1, 2016 5:00pm
Quoting dove_alliance
{quote} Very good trading plan Daniel. You are in waiting mode with the down and using caution for the 2 hour Parabolic flip. That is a very good trading plan. Very good insight.
Thank you. I have two questions:

1) So For the 2Hour Parabolic, I need to wait 5minutes before a new 2hour candle appears right? I mean i can go outside and go back to the monitor in that time.

2) If when new candle appear, and the parabolic has been flipped and aswell the Purple cross Smooth.. but the price already move too much and is very close of the next support or near of BB (less of 15 pips of distance) I should ignore that trade, and looking for a new one. Right?

Thank you for ur time Master.
  • #1,030
  • Feb 1, 2016 5:08pm Feb 1, 2016 5:08pm
The SAR and Long Term swing indicators are your two resources for support and resistance in the Paradox. There are times the SAR will disappear after the Long term is connected. At least it seems so but the SAR is till there behind the Long Term Swing. It never disappears. Any time either one connects with a candle - the next objective is the opposite way. If the DB (Long Term Trend) is connected on Top of a candle then the next connection is on the Bottom of a candle somewhere down the line. And it is the very same for the SAR; and vice-versa. So, at this moment you had the DB on top of Fridays spike. Which means the next connection with the DB is on the bottom of a candle on the downside. This is also true with the SAR. It is connected on top of a candle and the next connection is with the bottom of a candle on the downside.
The Dove - Forex Trainer
  • #1,031
  • Feb 1, 2016 5:11pm Feb 1, 2016 5:11pm
Quoting Contrax
{quote} Thank you. I have two questions: 1) So For the 2Hour Parabolic, I need to wait 5minutes before a new 2hour candle appears right? I mean i can go outside and go back to the monitor in that time. 2) If when new candle appear, and the parabolic has been flipped and aswell the Purple cross Smooth.. but the price already move too much and is very close of the next support or near of BB (less of 15 pips of distance) I should ignore that trade, and looking for a new one. Right? Thank you for ur time Master.
Question 1 is yes. Question 2 - the market doesn't move like that unless of volatility. But if it does; then the answer is yes.
The Dove - Forex Trainer
  • #1,032
  • Feb 1, 2016 5:12pm Feb 1, 2016 5:12pm
Quoting dove_alliance
The SAR and Long Term swing indicators are your two resources for support and resistance in the Paradox. There are times the SAR will disappear after the Long term is connected. At least it seems so but the SAR is till there behind the Long Term Swing. It never disappears. Any time either one connects with a candle - the next objective is the opposite way. If the DB (Long Term Trend) is connected on Top of a candle then the next connection is on the Bottom of a candle somewhere down the line. And it is the very same for the SAR; and vice-versa....
irrespective of whether we are in a consolidation or not ?
  • #1,033
  • Feb 1, 2016 5:21pm Feb 1, 2016 5:21pm
I love the info you gave on how the swing trades work. That is what I have been doing on the 2H and have won 4 trades in a row so far. Thank you, Thank you, Thank you. I think I have found my nitch.
  • #1,034
  • Feb 1, 2016 5:21pm Feb 1, 2016 5:21pm
Quoting dove_alliance
{quote} OK - Now where is your projected entry? A plan is no good without an entry point.
I wanna make buy entry but as now there are heavy resistance on 1H around 131.85 (Smooth, Purple, White) and on 2H around 131.90 (Smooth, Purple, White) that I'd better wait untill market breaks trough it up and then comes back so that all 4 horsemen would be support.
  • #1,035
  • Feb 1, 2016 5:23pm Feb 1, 2016 5:23pm
Quoting rcbarlow
I love the info you gave on how the swing trades work. That is what I have been doing on the 2H and have won 4 trades in a row so far. Thank you, Thank you, Thank you. I think I have found my nitch.
- it took long enough for the "nitch" - right?
The Dove - Forex Trainer
  • #1,036
  • Feb 1, 2016 5:24pm Feb 1, 2016 5:24pm
Yes, Many many years. Can't thank you enough.
  • #1,037
  • Feb 1, 2016 5:25pm Feb 1, 2016 5:25pm
Quoting bigijs
{quote} I wanna make buy entry but as now there are heavy resistance on 1H around 131.85 (Smooth, Purple, White) and on 2H around 131.90 (Smooth, Purple, White) that I'd better wait untill market breaks trough it up and then comes back so that all 4 horsemen would be support.
Why think up when the market is down?
The Dove - Forex Trainer
  • #1,038
  • Feb 1, 2016 5:30pm Feb 1, 2016 5:30pm
My plan for today 2/1/16

Market in consolidation, Daily still down, H2 up and H1 up

Daily: ROMAR resistance
EMA and Parabolic Support
with Purple and EMA approaching fast, all 4 horseman in uptrend

H2: Opening 131.723 .
ROMAR: Support out of the trading range
EMA Support and Parabolic invalidated for the Purple/White cross down
Smooth is sliding under purple still as support
Notes: SAR marked a top in previous session ,I will be looking for short opportunities in this consolidation period. Will wait for Purple cross Smooth and then an open below EMA or flip of Parabolic

H1: ROMAR: Support out of trading range
EMA: Support right under Purple
Parabolic invalidated for Purple/White cross
Notes: I want to see a Purple/EMA cross on H1 before considering entering short
  • #1,039
  • Feb 1, 2016 5:32pm Feb 1, 2016 5:32pm
Quoting ciscok9
My plan for today 2/1/16 Market in consolidation, Daily still down, H2 up and H1 up Daily: ROMAR resistance EMA and Parabolic Support with Purple and EMA approaching fast, all 4 horseman in uptrend H2: Opening 131.723 . ROMAR: Support out of the trading range EMA Support and Parabolic invalidated for the Purple/White cross down Smooth is sliding under purple still as support Notes: SAR marked a top in previous session ,I will be looking for short opportunities in this consolidation period. Will wait for Purple cross Smooth and then an open below...
So your entry projection is off which chart?
The Dove - Forex Trainer
  • #1,040
  • Feb 1, 2016 5:45pm Feb 1, 2016 5:45pm
Quoting dove_alliance
{quote} So your entry projection is off which chart?
It will be off H2, after a cross Purple/Smooth I will be looking for a market open below EMA or flip of Parabolic
5 traders viewing now