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Paradox System: post your entry here 12 replies

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The Paradox System

[quote=bigijs;8742489]
Quoting arya.aryaee
{quote} As I told you before, you should've taken H1 as a reference. H1 - there wasn't sign that market was going to turn its trend down.
for sell i took based on h2 not h1 as Dove advised it
[quote=arya.aryaee;8742492]
Quoting bigijs
{quote} for sell i took based on h2 not h1
We need both charts.
H2 was showing a buy with the Purple crossing White. Since we are in a downtrend, we would not take the buy. We are waiting for H1 Purple to cross White downward before we would think about taking a short if H2 was still indicating a downtrend at that time. Now it likely won't be
His advice was a little different:

1) You take long earlier (mostly based on H1 when H2 isn't completly comfirmed the trend)
because move up is slower and distance up is less then down.

2) You take short later (mostly based on H2 when H1 is already comfirmed the trend)
because you can afford to do that because move down is much faster and larger distance than up.
anyone elses mt4 become unbearably slow as the day goes on? I can barely click different charts before it times out.
Quoting bigijs
His advice was a little different: 1) You take long earlier (mostly based on H1 when H2 isn't completly comfirmed the trend) because move up is slower and distance up is less then down. 2) You take short later (mostly based on H2 when H1 is already comfirmed the trend) because you can afford to do that because move down is much faster and larger distance than up.
post#28
Dove:
On this post I will talk about entries off Resistance in a downtrend; and entries off Support in an uptrend.

I recommend highly in using your 2 hour for downtrends and using your 1 hour for uptrends. Because of the volatile market in a down trend the 2 hour is pretty stable with the volatility and is constant. Doesnt mean you cannot use the 1 hour provided you catch the top on a reversal.
Quoting arya.aryaee
{quote} post#28 Dove: On this post I will talk about entries off Resistance in a downtrend; and entries off Support in an uptrend. I recommend highly in using your 2 hour for downtrends and using your 1 hour for uptrends. Because of the volatile market in a down trend the 2 hour is pretty stable with the volatility and is constant. Doesnt mean you cannot use the 1 hour provided you catch the top on a reversal.
i took my short today based on " entry of Resistance(ema) in a down trend based on both H1 and H2 EMA
Quoting arya.aryaee
{quote} i took my short today based on " entry of Resistance(ema) in a down trend based on both H1 and H2 EMA
Yes, but you took position when market didn't show on H1 any signs that it would turn down.

Nowhere in rules is said that you just take positions from any kind of touches, be it ROMAR, EMA, SMOOTH or WHITE.
Therefore you have other indicators which also show market sentiment.
Market will shoot up and down through any support and resistance if there is strong sentiment.

So, basically, you took position against the market.
PSAR flip on H2
~ Tim
Hi, my trade today on USDJPY, 115.220 short.

Well designed system, but it takes time to become comfortable with too many lines on chart and their purpose. Trade turned out well but I believe my entry was a little early.

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Quoting Sicarius
anyone elses mt4 become unbearably slow as the day goes on? I can barely click different charts before it times out.
No, I guess it depends on your pc capacity.
I don't have that kind of problem on any of my pc.
Quoting Repoman
PSAR flip on H2
But...coming up on Daily EMA resistance... does that seem correct to you guys? Thanks
~ Tim
Quoting Repoman
{quote} But...coming up on Daily EMA resistance... does that seem correct to you guys? Thanks
Rejection off of Daily EMA
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~ Tim
Quoting Repoman
{quote} Rejection off of Daily EMA {image}
H1 ROMAR should be support?
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~ Tim
Quoting Repoman
{quote} H1 ROMAR should be support? {image}
H1 ROMAR is Resistance. The H1 EMA is below ROMAR. Everyone needs to stop thinking about the indicators in terms of their relation to Price, but rather their relationship to each other.
Quoting JMaurice
{quote} H1 ROMAR is Resistance. The H1 EMA is below ROMAR. Everyone needs to stop thinking about the indicators in terms of their relation to Price, but rather their relationship to each other.
Oh...yes! That makes sense. Lots of things to remember, even after studying the notes SO many times! EMA was resistance on the daily though since the other indicators were above it...thus, a good rejection off of it on the Daily. Correct? Still learning!
~ Tim
Hello all. New to this thread. Been working my way through the thread focusing on Dove's teachings. I have yet to make the switch to EJ in my studies but have started to implement the system as I go on UJ.

My trade for today:
Everything aligned on daily and H2. Four horsemen aligned on H1 except PSAR but since Purple crossed white, negated. Once price hit Purple on H1, I went short.

Unfortunately for me, I did not realize that there was upcoming news for the US and got hit with plus 30 pips of DD, but eventually trade came back around my way. Missed the 40 pip TP by less than 2 pips but closed it all off at 35 anyway.

Please guys, critique my trade, want to learn from my mistakes (besides the obvious pending news oversight). Thanks.
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Quoting cardm3n
Hello all. New to this thread. Been working my way through the thread focusing on Dove's teachings. I have yet to make the switch to EJ in my studies but have started to implement the system as I go on UJ. My trade for today: Everything aligned on daily and H2. Four horsemen aligned on H1 except PSAR but since Purple crossed white, negated. Once price hit Purple on H1, I went short. Unfortunately for me, I did not realize that there was upcoming news for the US and got hit with plus 30 pips of DD, but eventually trade came back around my way. Missed...

for me i short when the price touch the ema on H2, we are in consolidation. The price rebond on it..
What is sad is when a trader will defeat himself. What rule I have stated is the greatest of them all? That RULE is "trading in the moment". And all I have seen from posting to posting is traders all over the charts trying to figure out how to get into a trade. That is sad because there hasn't been one posting in the moment.

First thing you have is the FIBO showing the bottom and flipped for the up on all three charts; and not one posting indicating this very fact.

Secondly you have all three charts in downtrend with ROMAR, on each chart, above EMA for the downtrend.

Thirdly - you are all trading the 1 hour chart instead of the 2 hour trend.

Rules after rules are being broken.

With the Fibo's up and the ROMAR's down - you are in consolidation. But the major reason for consolidation is the Daily EMA. The Daily EMA is still support in not crossing the Daily Purple as of yet. And one trader did mention that fact. And here is the Daily showing that fact:
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Now lets take a look at yesterday's opening. Two hours after the opening you had an open candle below Purple WITH THE 1 HOUR. To eliminate the risk factor you wait for the open below Smooth for entry and the reason is because the 2 hour trend is still in the downtrend. At entry you had the Purple/White crossing Purple, below Smooth, and the Parabolic was eliminate as support for a 40 pip trade.

The 2 hour was showing this fact by opening below the EMA resistance.

This is one trade since opening.

The second trade you had was with the 1 hour EMA crossing Purple for the uptrend with the 4 horsemen.

But the 2 hour was consolidating for the swing and the Parabolic was also an issue of being stopped for a long entry. And name of the game is called PATIENCE.

With patience you wait on the 1 hour for the 2 hour retrace in consolidation and take the hit off the 1 hour 4 horsemen; which was also the 2 hour White/Purple crossing for entry for another 40 pips to the 2 hour ROMAR.

With the 1 hour White/Purple crossing and the opening above EMA was also an entry; but because of the 2 hour consolidating you would had to wait on the 2 hour before getting into profit. If you get into the right trade your 40 stop will never be hit.

If you do not trade in the moment you will NEVER find your entry. And that is with a PERIOD.
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The Dove - Forex Trainer
Quoting dove_alliance
What is sad is when a trader will defeat himself. What rule I have stated is the greatest of them all? That RULE is "trading in the moment". And all I have seen from posting to posting is traders all over the charts trying to figure out how to get into a trade. That is sad because there hasn't been one posting in the moment. First thing you have is the FIBO showing the bottom and flipped for the up on all three charts; and not one posting indicating this very fact. Secondly you have all three charts in downtrend with ROMAR, on each chart, above...
Lol, amazing Master. I was talking with my Girlfriend in the morning about Forex... and talk about you... and yes... most traders want to rush the Market.. want to be always in the market... dont want to miss any opportunity of entry to the market and that is deserve to fail.... When i trade with calm and patience, waiting for the perfect setups... my trades went to profits fastly... And went i try to rush the market... to anticipate... to entry without taking care of other charts... Hit SL or all the time DD and end in breakeven. Thank you.

P.D. I was thinking in the future Dana, if for some reason MT4 have updates and the indicators doesnt work anymore. What we can do? Thank you and i hope i dont bother you with this questions. Thank you for ur time and be with us more time.
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