The Paradox System | Page 64 | 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

  • #1,261
  • Feb 2, 2016 4:45pm Feb 2, 2016 4:45pm
Quoting Cherry
{quote} The recommendation for the position trading was still to wait for flip of fib and Parabolic wasn't it? If we do that we're not generally entering with just the label appearing on DB. It could be quite a lot higher with the current 2H... So in reality could be when Purple crosses EMA again???
As I have said - the Fibo with the Parabolic in place with the Fibo is your best entry.
The Dove - Forex Trainer
  • #1,262
  • Feb 2, 2016 4:48pm Feb 2, 2016 4:48pm
Stupid question. If the fibo has red lines, which way should we be looking to trade, and vice versa when the lines are green?
  • #1,263
  • Feb 2, 2016 4:49pm Feb 2, 2016 4:49pm
Quoting Contrax
Ok Master, this is my Daily Plan for 03/02/2016 Broker Time. I must accept that Thanks to God the market change completly and now im little confused. Please i wait for ur comments for i can still learning... I dont know if is good the entry for the buy and for the sells. And i dont know if is a real cross the Romar with Purple in the daily. Thank you Master. D1 EJ Chart {image} H2 EJ Chart {image} H1 EJ CHart {image}
Your Daily is wrong with Purple crossings. There is noting posted about a trend crossings with Purple.
The Dove - Forex Trainer
  • #1,264
  • Feb 2, 2016 4:50pm Feb 2, 2016 4:50pm
Quoting dove_alliance
{quote} As I have said - the Fibo with the Parabolic in place with the Fibo is your best entry.
Thanks Dove for confirmation.. again..
What about exits then.. at the first set of the DB?
  • #1,265
  • Feb 2, 2016 4:54pm Feb 2, 2016 4:54pm
Quoting rcbarlow
Stupid question. If the fibo has red lines, which way should we be looking to trade, and vice versa when the lines are green?
The '0' is on top and '100' on the bottom. You have the DB on top showing the high. The DB is now on its way for a new low. Once the DB has hit the low target it will change to Lime Green. And this is the same for the up. Red is down and Green is up.
The Dove - Forex Trainer
  • #1,266
  • Feb 2, 2016 4:54pm Feb 2, 2016 4:54pm

My Daily plan 2016.02.03

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

2H chart
Opening at 130.99
ROMAR - support
SMOOTH - resistance
EMA resistance
NOTES
All 4 horsemen are in downtrend. PSAR as well.

1H chart
ROMAR - resistance
SMOOTH - resistance
EMA - resistance
NOTES
Market is in strong downtrend but right now is consolidating.


Daily chart
ROMAR almost at the opening price
SMOOTH - support
EMA - support
NOTES
All 4 horsemen are pointing up.

Ill take short when:
1) 1H retrace back to SMOOTH
2) 2H retrace back to PURPLE
  • #1,267
  • Feb 2, 2016 4:56pm Feb 2, 2016 4:56pm
Master i have this questions with good details, the thing i was talking about of the number of candles. With my 27" Monitor i have 47 Candles.

Chart H2 EURJPY Normal Template (with my monitor i have 47 candles)

Attached Image (click to enlarge)
Click to Enlarge Name: 37 Candles normal template.png Size: 87 KB


And your Chart H2 EURJPY have 39 Candles aprox.

Attached Image (click to enlarge)
Click to Enlarge Name: Dana Chart 39 Candles.png Size: 75 KB


And if i move my Chart to have the same Candles as urs, i have the same position talking the "Fibonacci".

Attached Image (click to enlarge)
Click to Enlarge Name: 39 Candles Same Dana.png Size: 78 KB


Maybe this is useless question, but i should just ignore it or i change it to 39 Candles? Thank you.
  • #1,268
  • Feb 2, 2016 4:56pm Feb 2, 2016 4:56pm
Quoting Cherry
{quote} Thanks Dove for confirmation.. again.. What about exits then.. at the first set of the DB?
All depends if you use the SAR or DB - So, I imagine you are looking at the DB and that will exit you out with the Flip of the Fibo.
The Dove - Forex Trainer
  • #1,269
  • Feb 2, 2016 4:57pm Feb 2, 2016 4:57pm
That is it for positioning Cherry ---- last night you really confuse a lot of traders.
The Dove - Forex Trainer
  • #1,270
  • Feb 2, 2016 5:03pm Feb 2, 2016 5:03pm
Quoting Contrax
Master i have this questions with good details, the thing i was talking about of the number of candles. With my 27" Monitor i have 47 Candles. Chart H2 EURJPY Normal Template (with my monitor i have 47 candles) {image} And your Chart H2 EURJPY have 39 Candles aprox. {image} And if i move my Chart to have the same Candles as urs, i have the same position talking the "Fibonacci". {image} Maybe this is useless question, but i should just ignore it or i change it to 39 Candles? Thank you.
It doesn't matter what size monitor you have; Just leave the template as is.
The Dove - Forex Trainer
  • #1,271
  • Feb 2, 2016 5:10pm Feb 2, 2016 5:10pm
Quoting dove_alliance
{quote} All depends if you use the SAR or DB - So, I imagine you are looking at the DB and that will exit you out with the Flip of the Fibo.
Thanks. Well when SAR comes before DB then I would probably exit and wait for new SAR entry with DB trend still in place...

Yes positioning. Sorry I didn't mean to confuse anyone. I was trying to get your confirmation last night also regarding the best entries for position trades as there seemed to be conflicting info happening.

Can you please say exactly which indicators you would have on a Daily chart to use for position / swing trades?
Thanks again Dove.
  • #1,272
  • Feb 2, 2016 5:10pm Feb 2, 2016 5:10pm
Sorry for my mistake. But i read this:

ROMAR:

ROMAR is the key trend for the market. Above EMA the trend is down; below EMA the trend is up. You will never have to guess which way the trend is running. You now have a visual. When all 3 charts are in consistent - above or below EMA the market is in that trend. When one of the 3 charts is out of sync with ROMAR the market is in consolidation.

The 2 hour chart ROMAR is the true source for trading the trend.

When the 1 hour ROMAR is running through the center of the market you are pretty much in consolidation with the 2 hour trend.

The Daily ROMAR is the key when the market will turn direction. Once it crosses Purple the game is over and time to be looking at the opposite direction for long term. ROMAR is also both Support and Resistance on all three charts.

*********************************************

What other mistakes i have in my Daily Plan, or what u recommend me? Thank You Master, i wish i can learn everything before u leave.
  • #1,273
  • Feb 2, 2016 5:12pm Feb 2, 2016 5:12pm
Quoting Cherry
{quote} Thanks. Well when SAR comes before DB then I would probably exit and wait for new SAR entry with DB trend still in place... Yes positioning. Sorry I didn't mean to confuse anyone. I was trying to get your confirmation last night also regarding the best entries for position trades as there seemed to be conflicting info happening. Can you please say exactly which indicators you would have on a Daily chart to use for position / swing trades? Thanks again Dove.
Same indicators on the Daily chart - nothing different.
The Dove - Forex Trainer
  • #1,274
  • Feb 2, 2016 5:13pm Feb 2, 2016 5:13pm
Hi Dove,
I thik I was wrong with in understanding of "Green Lime Box", i tought that green lime box is for DB, actualy it is but only when it is setel down in meanwhile it is infact Fib box soo to speak. Am I corect (current H2 example). And it will "become" DB box when flip of Fib take place and equals it self whit low of DB.

EDIT It is not neither DB neither SAR it is lowof fib which eventualy line in with DB or/and SAR
  • #1,275
  • Feb 2, 2016 5:16pm Feb 2, 2016 5:16pm
Ok. Let me make sure I have got this. When the fibo flips from red to green and we have a green price box with the SAR, then we trade up until the SAR flips again. Then we exit. Once the fibo flips up again, we re-enter the upward trade until the fibo flips back to red. And vice versa for downtrend except the price boxes will be magenta. I hope this is correct.
  • #1,276
  • Feb 2, 2016 5:16pm Feb 2, 2016 5:16pm
Quoting Cherry
{quote} Thanks. Well when SAR comes before DB then I would probably exit and wait for new SAR entry with DB trend still in place... Yes positioning. Sorry I didn't mean to confuse anyone. I was trying to get your confirmation last night also regarding the best entries for position trades as there seemed to be conflicting info happening. Can you please say exactly which indicators you would have on a Daily chart to use for position / swing trades? Thanks again Dove.
Just an addition... I have and believe I still need...
SAR, DB, Fib, PSAR, ROMAR, EMA, Purple.

More or less???
  • #1,277
  • Feb 2, 2016 5:17pm Feb 2, 2016 5:17pm
Quoting Cherry
{quote} Just an addition... I have and believe I still need... SAR, DB, Fib, PSAR, ROMAR, EMA, Purple. More or less???
Yes is better to trade watching everything i think.
  • #1,278
  • Feb 2, 2016 5:17pm Feb 2, 2016 5:17pm
Otherwise, we can stay in the trade and ride out the drawdown until the fibo flips again.

Will this not also work on the H1 chart?
  • #1,279
  • Feb 2, 2016 5:25pm Feb 2, 2016 5:25pm
Quoting Contrax
Sorry for my mistake. But i read this: ROMAR: ROMAR is the key trend for the market. Above EMA the trend is down; below EMA the trend is up. You will never have to guess which way the trend is running. You now have a visual. When all 3 charts are in consistent - above or below EMA the market is in that trend. When one of the 3 charts is out of sync with ROMAR the market is in consolidation. The 2 hour chart ROMAR is the true source for trading the trend. When the 1 hour ROMAR is running through the center of the market you are pretty much in consolidation...
Right now the 4 horsemen are straight up for the consolidated uptrend. The 2 hour chart is in a downtrend. When ROMAR crosses Purple is saying EMA will be the next crossing provided there is no slider. With the Daily being long term and 2 chart is short term and opposite of one another; What do you see?
The Dove - Forex Trainer
  • #1,280
  • Feb 2, 2016 5:29pm Feb 2, 2016 5:29pm
Quoting rcbarlow
Otherwise, we can stay in the trade and ride out the drawdown until the fibo flips again. Will this not also work on the H1 chart?
Let me as you this question - where do you anticipate the flip of the 2 hour Fibo.
The Dove - Forex Trainer
23 traders viewing now, 1 is registered:
Thunderli