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The Paradox System

  • #1,961
  • Feb 9, 2016 9:29pm Feb 9, 2016 9:29pm
Quoting JMaurice
{quote} Well said. Ben there isn't always an entry - sometimes the bus just goes without us. I think part of this is learning to catch the next bus and being okay with that.

Thanks for replying JMaurice
In goal to visualize...can you show me a pics of a right entry of yours and why...this will help a lot
Thanks
  • #1,962
  • Feb 9, 2016 9:29pm Feb 9, 2016 9:29pm
I have created an excel file to track the analysis for few pairs I trade on daily basis. I update the excel file in the morning and then use it as reference.
Attached Image (click to enlarge)
Click to Enlarge Name: Paradox.JPG Size: 195 KB
Trading is SIMPLE not EASY.
  • #1,963
  • Feb 9, 2016 9:33pm Feb 9, 2016 9:33pm
Quoting ben.deschain
{quote} Good l understand that...But at what resistance are you refering to: Romar ema, horsemen...That's still confuse me when R/S Also can you tell me what is the purpose of those 2 red lines( ma5,ma20) Thanks
For example I am waiting for the open of the next 2hour candle to see if there is a short off ROMAR which is acting as resistance. But you can also look at EMA for entry. If the candle opens below EMA would be acting as resistance
  • #1,964
  • Feb 9, 2016 9:34pm Feb 9, 2016 9:34pm
Quoting ben.deschain
{quote} Thanks for replying JMaurice In goal to visualize...can you show me a pics of a right entry of yours and why...this will help a lot Thanks
Ben I definitely will. I am waiting currently for this two hour to see if it starts rolling over (Purple cross White down).
  • #1,965
  • Feb 9, 2016 9:44pm Feb 9, 2016 9:44pm
If you don't understand the graph or the system, then go ahead and re-read what Dana posted. And if you still don't understand, then go ahead and re-read what Dana posted again and again. Some will need to read it once, others like myself will need to read it multiple time. The information/rules/strategy will overwhelmed you, so you need to take breaks all the time. Like Dana said you got to have the heart and the patience to learn this system.
Thanks Dana for sharing.
  • #1,966
  • Feb 9, 2016 9:46pm Feb 9, 2016 9:46pm
Quoting tonybrou
{quote} For example I am waiting for the open of the next 2hour candle to see if there is a short off ROMAR which is acting as resistance. But you can also look at EMA for entry. If the candle opens below EMA would be acting as resistance
Ok l get this...but what is the difference between the actual candle you are waiting for to close below Romar or ema or horsemen...while my bar l choose wrongly was exactly closing below Romar, ema...blablabla before...if it was bad before why it should be good now at the end of this one..
For now l don't see any difference in the set up l had and you actually have...
don't know if you understand what l mean...
Thanks for your patience

JMaurice : it was already rolling over in H1 but if l understand that's doesn't count...right
  • #1,967
  • Feb 9, 2016 9:55pm Feb 9, 2016 9:55pm
.....Congrats on your 100 page Sir.....great trade, excellent reading for me, always an admired, always your friend....

.....Guys and girls, seat back and relax if you want to learn something, and remember he only asks for 6 months of your time and you are only in the first weeks........give it time and focus, focus and focus......good luck to all and God bless all here, including you Sir..... .
The Chonchy
  • #1,968
  • Feb 9, 2016 9:59pm Feb 9, 2016 9:59pm
Quoting ben.deschain
{quote} Ok l get this...but what is the difference between the actual candle you are waiting for to close below Romar or ema or horsemen...while my bar l choose wrongly was exactly closing below Romar, ema...blablabla before...if it was bad before why it should be good now at the end of this one.. For now l don't see any difference in the set up l had and you actually have... don't know if you understand what l mean... Thanks for your patience JMaurice : it was already rolling over in H1 but if l understand that's doesn't count...right
As I mentioned in a previous post I dont think this current 2 hour candle was a good point to enter because of a news event that affected the price. If you have a look at the GBP/JPY you will see that the last 3 candles are almost exactly the same as E/J. You will notice the volitility has settled now and should respect the support and resistance more rationally
  • #1,969
  • Feb 9, 2016 10:03pm Feb 9, 2016 10:03pm
Quoting tonybrou
{quote} As I mentioned in a previous post I dont think this current 2 hour candle was a good point to enter because of a news event that affected the price. If you have a look at the GBP/JPY you will see that the last 3 candles are almost exactly the same as E/J. You will notice the volitility has settled now and should respect the support and resistance more rationally
Good

So now... do you guys consider this is a right entry now? l dream to see a pic of a good entry for once
Do we have it?
But PSAR is on the way...does that change something?
  • #1,970
  • Feb 9, 2016 10:06pm Feb 9, 2016 10:06pm
Quoting ben.deschain
{quote} Good So now... do you guys consider this is a right entry now? l dream to see a pic of a good entry for once Do we have it? But PSAR is on the way...does that change something?
Looking to go short off EMA
  • #1,971
  • Feb 9, 2016 10:17pm Feb 9, 2016 10:17pm
I sold @ 129.50
  • #1,972
  • Feb 9, 2016 10:25pm Feb 9, 2016 10:25pm
Quoting chonchy
.....Congrats on your 100 page Sir.....great trade, excellent reading for me, always an admired, always your friend.... .....Guys and girls, seat back and relax if you want to learn something, and remember he only asks for 6 months of your time and you are only in the first weeks........give it time and focus, focus and focus......good luck to all and God bless all here, including you Sir..... .
Hola Chonchy como estas? veee, despues de 1 aņo Se me hizo ser estudiante de Dana.. (y eso que lo hizo publico y mucha gente se queja jaja...) Saludos!
  • #1,973
  • Feb 9, 2016 10:31pm Feb 9, 2016 10:31pm
Quoting Kubiasty
How do you see guys something in these everything? {image} A little humour: {image}
LOL, that is possible my friend. You only need to have Faith and Patience. But as i say before.. if i have profits in row... im going to wait 2 months before i start to invest big... Not reason to rush the market The Market always is going to be there....
Attached Image (click to enlarge)
Click to Enlarge Name: trades1.jpg Size: 87 KB
  • #1,974
  • Feb 9, 2016 10:45pm Feb 9, 2016 10:45pm
Quoting bigijs
I sold @ 129.50
129.48 for me. Nice trade -
  • #1,975
  • Feb 9, 2016 11:06pm Feb 9, 2016 11:06pm
Quoting Contrax
{quote} LOL, that is possible my friend. You only need to have Faith and Patience. But as i say before.. if i have profits in row... im going to wait 2 months before i start to invest big... Not reason to rush the market The Market always is going to be there.... {image}
Dear Friend !
I think i see some light , and i think it is more simple than the things i had made it in my mind . i had made a very complicated system in my mind and didnot believe that it can be so simple.
need your help more
thank you again
  • #1,976
  • Feb 9, 2016 11:45pm Feb 9, 2016 11:45pm
will it going to cause a trouble if i change color and candle type? im not used to seeing a candle like the one in template and i want to change the color for indicator
  • #1,977
  • Feb 10, 2016 12:20am Feb 10, 2016 12:20am
hey dove
i have been following your thread for 2 weeks and i really want to follow your method, because it's logic makes sense to me
but it is against my main rule which says: don't follow what you don't know what it is exactly
and the problem is here, i don't know what exactly your indicators are
i don't want to be rude, but i don't think there is any wise person which does that
people here, like me,are struggling to find a profitable method, but this is the biggest mistake that any trader can make: sticking with an unknown method
you seem to be generous, but without giving us the mql files you haven't given us anything, you just gave us some exe files.
and we are supposed to trade our real money with those unknown things? i wonder how any wise person can do that?
i would rather keep looking for another method which i know completely, so maybe i can make profit from that, but even if i can make profit with this system now, how can i be sure that it would be profitable in the future?
i have had systems which have been profitable for one or two years but after that they haven't worked anymore and i had to change them according to the changes in the market
now it's up to you, if you really want to be helpful please share the source files, so we can back test your method and change it according to our logic, something that anyone should definitely do with any new system that he or she encounter, or his/her failure in long-term is a sure thing.
thank you again for beginning this thread, but again ask you to complete it, and you know what do i mean.
best regards
Badi
  • #1,978
  • Feb 10, 2016 12:38am Feb 10, 2016 12:38am
Quoting arya.aryaee
{quote} Dear Friend ! I think i see some light , and i think it is more simple than the things i had made it in my mind . i had made a very complicated system in my mind and didnot believe that it can be so simple. need your help more thank you again
Time to sleep now... Goodluck for everyone who is trading London Session.!
  • #1,979
  • Feb 10, 2016 12:45am Feb 10, 2016 12:45am
Quoting JMaurice
{quote} 129.48 for me. Nice trade -
When position was +30 I moved SL to B/E (my TP was 40 pip)
So, market moved +38 and turned back and hit my SL.
So, I got nothing this time.
I would say - bad luck.
  • #1,980
  • Feb 10, 2016 1:42am Feb 10, 2016 1:42am
Market is turning up.
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