The Paradox System | Page 92 | 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

  • #1,821
  • Feb 8, 2016 8:33pm Feb 8, 2016 8:33pm
This is something.. that i do sometimes.... When you put a SL infront of ur order... U have a "free trade".. So if a setup again appear.. you have "zero orders talking in margin levels" . For example i have 2 free trades, i mean right now i have 2 orders with 100% of chance of win.
Attached Image (click to enlarge)
Click to Enlarge Name: freetrade2.jpg Size: 155 KB
  • #1,822
  • Edited 9:01pm Feb 8, 2016 8:43pm | Edited 9:01pm
Quoting Contrax
This is something.. that i do sometimes.... When you put a SL infront of ur order... U have a "free trade".. So if a setup again appear.. you have "zero orders talking in margin levels" . For example i have 2 free trades, i mean right now i have 2 orders with 100% of chance of win. {image}
I almost took the second entry you have there, but felt like the market was far away from the resistances on the H1 and the H2 Purple had started to cross White up (it has now uncrossed). What made you comfortable with the second entry?

Also, I notice you are still using SAR and DB on the H1 chart. Any reason you didn't take them off? Thank you
  • #1,823
  • Feb 8, 2016 9:00pm Feb 8, 2016 9:00pm
Quoting JMaurice
{quote} I almost took the second entry you have there, but felt like the market was far away from the resistances on the H1 and the H2 Purple had started to cross White up (it has now uncrossed). What made you comfortable with the second entry?
My second trade was the above of the first one. If the wave start with my first order.. i dont add more orders... if the price retrace more but the setup still valid.. and i check all the big picture. So i add the second one... And the comfortable is that i was with my first postion the SL infront fastly.
  • #1,824
  • Feb 8, 2016 9:29pm Feb 8, 2016 9:29pm
Quoting Contrax
{quote} My second trade was the above of the first one. If the wave start with my first order.. i dont add more orders... if the price retrace more but the setup still valid.. and i check all the big picture. So i add the second one... And the comfortable is that i was with my first postion the SL infront fastly.
Oh, I see. So you were adding to your first trade at a higher price?
  • #1,825
  • Feb 8, 2016 9:46pm Feb 8, 2016 9:46pm
Has anyone successfully installed the Paradox System on a Macbook yet? I've been struggling with it for a whole day now. I've tried WineBottler but that failed. Using the OSX El Capitan 10.11.3. Any help or suggestion is highly appreciated!!

Thanks! Much love.
  • #1,826
  • Feb 8, 2016 10:01pm Feb 8, 2016 10:01pm
Quoting JMaurice
{quote} Oh, I see. So you were adding to your first trade at a higher price?
Yes, but very careful... The Trade is 40pips SL... so if the price go against me.. but the setup still valid in the next candle.. so i entry again... But this is not all the time.
  • #1,827
  • Feb 8, 2016 10:57pm Feb 8, 2016 10:57pm
What is the MACD used for? Dove briefly talked about Divergence, but not much. I assume its Divergence with the MACD.
  • #1,828
  • Feb 8, 2016 11:12pm Feb 8, 2016 11:12pm
Quoting JMaurice
What is the MACD used for? Dove briefly talked about Divergence, but not much. I assume its Divergence with the MACD.
I dont know.. still learning...
  • #1,829
  • Feb 9, 2016 1:34am Feb 9, 2016 1:34am
Would I be right to say that we have a possible short coming on the next candle around PSAR resistance on the 1h?
  • #1,830
  • Edited 2:07am Feb 9, 2016 1:50am | Edited 2:07am
Quoting dove_alliance
There are some of you flip-flopping between support and resistance and not paying attention at all. Basic rules: a: Do not trade against the trend. b: Trade objectively and not subjectively using support and resistance. c: Do not chase the market but let the market come to you. d: The 2 hour chart is your trend chart for the system. e: The Daily is your reference for the Daily trend, support, and resistance. What does rule e: say? And what does this Daily screen-shot below say? {image} It says Purple,White, and Smooth is RESISTANCE. That it is what...
Thankyou Dear Dove!
i just took a short at 128.90 as your instruments:
a ) it was not against the trend
b ) trade was objectively not subjectively
c ) i dont chase the market and let market come
d ) the 2 hour chart trend is down
e ) daily resistance and support are as references
in H2 and H1 there is 4horesemens are in good shape to down
market during a up retrace met the h2 smooth and h1 ema as resistance to push the market back down
thankyou again
please give your ideas about this position
  • #1,831
  • Feb 9, 2016 2:54am Feb 9, 2016 2:54am
Quoting tonybrou
Would I be right to say that we have a possible short coming on the next candle around PSAR resistance on the 1h?
I would say no.. Since Purple/White have crossed, hence eliminating PSAR as resistance.

Still learning like most here
  • #1,832
  • Feb 9, 2016 3:19am Feb 9, 2016 3:19am
Quoting rahsharma06
Has anyone successfully installed the Paradox System on a Macbook yet? I've been struggling with it for a whole day now. I've tried WineBottler but that failed. Using the OSX El Capitan 10.11.3. Any help or suggestion is highly appreciated!! Thanks! Much love.
This is the set-up , I used for my Imac :

http://www.metatrader4.com/en/tradin...de/install_mac

hope it helps ,
  • #1,833
  • Feb 9, 2016 4:11am Feb 9, 2016 4:11am
Quoting Contrax
{quote} Hello, For better understanding u must re-read the thread completly (or only Dove_Alliance posts). For real.. everytime that u read it u are going to find new things.... Remember... "ROMAR/EMA" He is talking about the MAJOR TREND. When ROMAR is above EMA. ROMAR is Resistance in the Downtrend. This is a good Quote: ROMAR is the major trend for both support and resistance and crossing EMA changes ROMAR direction of the trend: This is true on all three charts. The 2 hour chart is your primary trend for trading. EMA is secondary trend according...
So in simple terms

So ROMAR same on all 3 charts we are in trend
If EMA not in sync with ROMAR on all 3 charts we are still in trend
If EMA is in sync with ROMAR in support it can also be resistance in the swings
EMA can be in support on 1 chart in the swing and resistance in the swing on another chart
  • #1,834
  • Feb 9, 2016 4:22am Feb 9, 2016 4:22am
Long on current open candle

h1 4 horsemen are in line supoort
candle open above EMA

h2 Candle open above smooth so smooth crossing with purple will happen
4 horsemen in support
smooth is support

entry long off h1 EMA
  • #1,835
  • Feb 9, 2016 4:43am Feb 9, 2016 4:43am
Quoting tonybrou
Long on current open candle h1 4 horsemen are in line supoort candle open above EMA h2 Candle open above smooth so smooth crossing with purple will happen 4 horsemen in support smooth is support entry long off h1 EMA
That would put you in a counter trend.. and that has been advised against by Dove.
  • #1,836
  • Feb 9, 2016 4:47am Feb 9, 2016 4:47am
Quoting nonibadsha
{quote} That would put you in a counter trend.. and that has been advised against by Dove.
But in consolidation you can trade both ways.
  • #1,837
  • Feb 9, 2016 4:58am Feb 9, 2016 4:58am
Quoting tonybrou
{quote} But in consolidation you can trade both ways.
Correct.. but we are not in consolidation we are in a down trend.
  • #1,838
  • Feb 9, 2016 5:01am Feb 9, 2016 5:01am
Dear Dove!
as some people here and also me some times are confused by the rules .and you always have explained the past positions by screen shots (you always say paradox is being in the moment) i would ask you to do 4-5 live trading to help us to understand real situation and being in the moment.
God bless you!
Thankyou
  • #1,839
  • Feb 9, 2016 5:13am Feb 9, 2016 5:13am
Quoting nonibadsha
{quote} Correct.. but we are not in consolidation we are in a down trend.
So this comment by dove yesterday

Very clearly - ROMAR had crossed EMA of yesterday's opening for the DOWNTREND. And "IF" you was creating a daily trading plan you would had seen the Daily chart Purple hit was entry with the opening below EMA support retracing to Purple Resistance. ALL THREE CHARTS ROMAR/EMA ARE IN THE DOWNTREND.

All 3 charts ROMAR and EMA downtrend, so are we in downtrend if just ROMAR on all 3 charts???
  • #1,840
  • Feb 9, 2016 5:20am Feb 9, 2016 5:20am
Quoting tonybrou
{quote} So this comment by dove yesterday Very clearly - ROMAR had crossed EMA of yesterday's opening for the DOWNTREND. And "IF" you was creating a daily trading plan you would had seen the Daily chart Purple hit was entry with the opening below EMA support retracing to Purple Resistance. ALL THREE CHARTS ROMAR/EMA ARE IN THE DOWNTREND. All 3 charts ROMAR and EMA downtrend, so are we in downtrend if just ROMAR on all 3 charts???
Yes.. But can one of the more experienced guys confirm?
5 traders viewing now