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The Paradox System

  • #1,581
  • Feb 4, 2016 2:03pm Feb 4, 2016 2:03pm
OK Traders - here today's opening and should look exactly like this one:
Attached Image (click to enlarge)
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The Dove - Forex Trainer
  • #1,582
  • Edited 2:20pm Feb 4, 2016 2:09pm | Edited 2:20pm
I hope I am not wrong, but I am long from the Magenta SAR back up to the DB.

The fact that the PSAR on the H2 flipped and the Purple is crossing the EMA on H2 worries me though.
  • #1,583
  • Feb 4, 2016 2:15pm Feb 4, 2016 2:15pm
There is one thing I like to touch on with the word most traders use and that word is - ”Repainting”; which has been used many times with this system and what does repainting mean? It means again, and again, and again.

There is only ONE indicator with this system that repaints; and that is the Long Term Trend (DB). And the reason is because it is a trend indicator and nothing more. So, it does repaint from bar to bar in trend. Even when the signals go off – they do not repaint. They go off once and that is it; and they remain until the next opposite signal; and that too remains until the next opposite signal. So, the bottom line there are no repainting’s with the Paradox except for the DB.

As regards with the SAR: It is pretty much set in stone once the SAR has attached itself with a candle that had ended; and stands alone without the DB attached with it. There has been a few times through the years I have witness the market trying to retest the SAR; especially in high volatility and bump the SAR a few 10th of a pip and reset the SAR (without the DB) with that bump. But that is it.

“IF” you trade this system by the Paradox rules then you will become 100% on your trades. The “RULES” are set in stone. You break one of the rules then you will be burnt. And I cannot make it any clearer than that. We already have traders’ 90% profit with this system. The reason is because of patience and abiding with the rules. So take their example and learn from them.
The Dove - Forex Trainer
  • #1,584
  • Feb 4, 2016 2:44pm Feb 4, 2016 2:44pm
Quoting rcbarlow
I hope I am not wrong, but I am long from the Magenta SAR back up to the DB. The fact that the PSAR on the H2 flipped and the Purple is crossing the EMA on H2 worries me though.
If you reference the 1 hour you will see two opposites in consolidation coming together as one unit.
The Dove - Forex Trainer
  • #1,585
  • Edited 3:01pm Feb 4, 2016 2:46pm | Edited 3:01pm
I hope that means I am correct in my assessment.

I do not know what the opposites are.
  • #1,586
  • Feb 4, 2016 3:02pm Feb 4, 2016 3:02pm
Quoting rcbarlow
I hope that means I am correct in my assessment. I do not know what the opposites are.
Im long on hourly to barlow...till its time to sell again
  • #1,587
  • Feb 4, 2016 3:03pm Feb 4, 2016 3:03pm
Let me put the 1 hour into perspective. If you made an entry with the I hour and it is not on the same 2 hour bar. What do have?

You have an offset with ending candles. If you go in1 hour prior with the 2 hour then; the 1 hour will end and a new 2 hour begins. If you get in the 1 hour later with the 2 hour; you have the 1 hour ending and the 2 hour still running. So you must keep in mind with the offset of the two charts.
The Dove - Forex Trainer
  • #1,588
  • Feb 4, 2016 3:06pm Feb 4, 2016 3:06pm
Quoting dove_alliance
OK Traders - here today's opening and should look exactly like this one: {image}
Glad to say im finally close enough. Problem being i on a laptop screen not as big as a desktop one, but found a way to maximize to see more candles.
  • #1,589
  • Feb 4, 2016 3:07pm Feb 4, 2016 3:07pm
OK great. Thank you. I was trying to visualize opposite indicators.
  • #1,590
  • Edited 3:50pm Feb 4, 2016 3:07pm | Edited 3:50pm
Daily plan 2016.02.04
(at Sydney opening)

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

2H chart
Opening at 130.88
ROMAR support (EMA is above ROMAR) around 24 pips form opening price
SMOOTH - resistance
EMA resistance
NOTES
PURPLE has crossed WHITE and SMOOTH. WHITE has crossed SMOOTH.
MACD and PSAR are still positive. PURPLE, WHITE and SMOOTH are turning down and very close to EMA.
3 candles earlier is Magenta SAR which means that that is the lowest point of shorter trend.

1H chart
ROMAR resistance (EMA below ROMAR)
SMOOTH - support
EMA - resistance
NOTES
PURPLE has crossed WHITE and market is slowly turning up. MACD and PSAR are still negative.


Daily chart
ROMAR resistance (EMA below ROMAR) at 131.06
SMOOTH support at 130.95
EMA support at 130.10
NOTES
All 4 horsemen are pointing up. PURPLE and WHITE have crossed ROMAR.

Ill take short when:
1) 2H retrace back to PURPLE
  • #1,591
  • Feb 4, 2016 3:11pm Feb 4, 2016 3:11pm
Hi Dove,

regarding relation between H2 and H1: You often say "I use 1 hour just for a reference" could You please explain us what that particularly mean? what in practise it look like?

I mean I know You told that for eg. You use H1 to pick point entry of longs, but what else it mean when You say "using just for a reference"

Thanks
  • #1,592
  • Feb 4, 2016 3:19pm Feb 4, 2016 3:19pm
Quoting dove_alliance
{quote} When a trader uses an ADR indicator (Average Day Range) it also has what is known as the ADN (Average Day Noise) which most traders have no knowledge of. On the Paradox this average day noise is displayed at the very beginning of the 17:00 EST Daily candle. This is one reason you reboot your platform after 17:00: If you reboot then; and reboot again on closing your platform - then the ADN has changed position from the previous data. The Average Day Noise is consider the noise of the traders trying to position for a trade with the opening...
Dana, does this mean that we should really wait for breakouts above the MA20 or below the MA5 before we decide to trade?
  • #1,593
  • Feb 4, 2016 3:24pm Feb 4, 2016 3:24pm
I took a short @ 130.88
  • #1,594
  • Feb 4, 2016 3:41pm Feb 4, 2016 3:41pm
Within these two weeks of training you have the variables for the Paradox:

1 – Support and Resistance as the market is moving.
2 – How swings are developed according to Support and Resistance.
3 – The importance of the Fibo according with the 61.8; and how the Fibo is flipped for the trends.
4 – Using the 4 horsemen in the swings.
5 – Entries and Exits according with the 4 variables above.

I have dictated the rules for all the variables and how to apply the rules separately; and in conjunction with each other. As I have said – this is a 6 month program and will take time for studying. There are some that will catch on quickly and others will take time. So, if your desire is to become a full time trader constantly in profit; then take the time to study, and study, and study.
The Dove - Forex Trainer
  • #1,595
  • Feb 4, 2016 3:49pm Feb 4, 2016 3:49pm
Hi Dove, it would help some of us if you had a summary of the rules of entry for both trend markets and consolidation. So we could consult just one page of summarized and condensed rules, before taking a trade.
  • #1,596
  • Feb 4, 2016 3:56pm Feb 4, 2016 3:56pm
Quoting bigijs
Daily plan 2016.02.04 (at Sydney opening) ROMAR on Daily - down ROMAR on 2H - up ROMAR on 1H down Market is in consolidation 2H chart Opening at 130.88 ROMAR support (EMA is above ROMAR) around 24 pips form opening price SMOOTH - resistance EMA resistance NOTES PURPLE has crossed WHITE and SMOOTH. WHITE has crossed SMOOTH. MACD and PSAR are still positive. PURPLE, WHITE and SMOOTH are turning down and very close to EMA. 3 candles earlier is Magenta SAR which means that that is the lowest point of shorter trend. 1H chart ROMAR resistance (EMA below...
What are you doing - scalping?
The Dove - Forex Trainer
  • #1,597
  • Feb 4, 2016 3:59pm Feb 4, 2016 3:59pm
Quoting Timo7
Hi Dove, it would help some of us if you had a summary of the rules of entry for both trend markets and consolidation. So we could consult just one page of summarized and condensed rules, before taking a trade.
I tell you what trader - all the rules are posted on this thread. So take your time and condensed the rules as you go through them.
The Dove - Forex Trainer
  • #1,598
  • Feb 4, 2016 4:00pm Feb 4, 2016 4:00pm
Quoting snfx
Hi Dove, regarding relation between H2 and H1: You often say "I use 1 hour just for a reference" could You please explain us what that particularly mean? what in practise it look like? I mean I know You told that for eg. You use H1 to pick point entry of longs, but what else it mean when You say "using just for a reference" Thanks
What does the word reference mean?
The Dove - Forex Trainer
  • #1,599
  • Feb 4, 2016 4:00pm Feb 4, 2016 4:00pm
Mr. Dove,
I have problem with my data and therefore also with my charts (hotforex broker), this is also the reason why I changed my broker for "forex.com" as you recommended. But then came another problem. My mt4 is totally lagging with "forex.com" broker. Maybe cuz of ms of server (for example hotforex - frankfurt/amsterdam servers 34-41 ms and forex.com - NY - 120-140). What to do with this? (I tried change number of candles in options, but it did not help, not at all). Thanks for your opinion.
  • #1,600
  • Feb 4, 2016 4:14pm Feb 4, 2016 4:14pm
Quoting bigijs
I took a short @ 130.88
I see Roma as support in H2 and Roma, Ema as support in D1 very close to you short entry. Why don't you wait to break these support ? I think it is difficult to get profit.\

P/s: I'm sorry, I use laptop so I cann't see 40 bar. I also like candle, it is easy for me to see.
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