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The Paradox System

  • #2,041
  • Feb 10, 2016 10:44pm Feb 10, 2016 10:44pm
This is my Daily Plan. Lets discuss it for we can learn together.
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  • #2,042
  • Feb 10, 2016 10:48pm Feb 10, 2016 10:48pm
Quoting mav3n
{quote} Nope, i am using H2 as my main trend indicator. A few hours ago i just get my 40 pips, going short from 129.59, reason : purple had crossed white, market retraced to H2's EMA. I am interested in fibo, because i read again Dove's previous post about fibo flip and parabolic flip as entry. Just curious if someone else has understand this fully. Thanks




sir good morning
sir i am new in trading system so i want learn here about fibo beacouse i dont know about fibo . i am here since last week every quote read but i am learning so late becouse i am new this system and soryy for my so poor english
  • #2,043
  • Feb 10, 2016 10:55pm Feb 10, 2016 10:55pm
Quoting Contrax
This is my Daily Plan. Lets discuss it for we can learn together. {image}
very well explanation. thanks
  • #2,044
  • Feb 10, 2016 10:58pm Feb 10, 2016 10:58pm
Hi new to the thread seems interesting and ready to delve deeper into TPS. I am currently reading Trading in the zone by Mark Douglas. I have it on audio book so I have heard it about 5 times. He talks about how trading is a paradox because the successful traders are able to make consistant profits in a probablility zero sum game. I would suggest TITZ to anyone that is having a tough time trading and not happy with their trading results. He teaches mental analysis is more important than technical analysis but a solid technical system is needed because we need structure when we trade. So I read that Dana uses usdjpy as the suggested pair. I'm wondering why I am seeing eurjpy charts used?
  • #2,045
  • Feb 10, 2016 11:02pm Feb 10, 2016 11:02pm
Quoting Whitelabcoat
Hi new to the thread seems interesting and ready to delve deeper into TPS. I am currently reading Trading in the zone by Mark Douglas. I have it on audio book so I have heard it about 5 times. He talks about how trading is a paradox because the successful traders are able to make consistant profits in a probablility zero sum game. I would suggest TITZ to anyone that is having a tough time trading and not happy with their trading results. He teaches mental analysis is more important than technical analysis but a solid technical system is needed because...
Hello,
1)Please dont talk about other system.... (btw i have read and trade that system.. and well..Im here ).
2)You said "So I read that Dana uses usdjpy as the suggested pair. I'm wondering why I am seeing eurjpy charts used?" I can help you and answer to you.. please first read all the Thread and Study it.
3) With that energy that u are trying to trade the other system... with that same Energy try this one.. for real.. i recommend you trade Paradox System.

Goodluck!
  • #2,046
  • Feb 10, 2016 11:02pm Feb 10, 2016 11:02pm
Quoting Whitelabcoat
Hi new to the thread seems interesting and ready to delve deeper into TPS. I am currently reading Trading in the zone by Mark Douglas. I have it on audio book so I have heard it about 5 times. He talks about how trading is a paradox because the successful traders are able to make consistant profits in a probablility zero sum game. I would suggest TITZ to anyone that is having a tough time trading and not happy with their trading results. He teaches mental analysis is more important than technical analysis but a solid technical system is needed because...
Welcome mate. Dana only trades the EJ. UJ was used for training for the first week only. We use the EJ here and I suggest you too as it will be easier to share and compare notes
  • #2,047
  • Feb 10, 2016 11:02pm Feb 10, 2016 11:02pm
Quoting goldtime
{quote} very well explanation. thanks
Your Welcome. if u have any questions please ask, so all we can learn together. Try to post ur trades and everything. GoodLuck!
  • #2,048
  • Feb 10, 2016 11:08pm Feb 10, 2016 11:08pm
hi Contrax, if i am not mistaken, today is japanese bank holiday, i wonder if it will effect the liquidity, and causing prices movement slower ? thanks
  • #2,049
  • Feb 10, 2016 11:10pm Feb 10, 2016 11:10pm
Quoting Contrax
This is my Daily Plan. Lets discuss it for we can learn together. {image}
Agree with you mate, right now just reading the market bar by bar and will be looking to short from resistance when it tells me to
  • #2,050
  • Feb 10, 2016 11:10pm Feb 10, 2016 11:10pm
Quoting goldtime
hi Contrax, if i am not mistaken, today is japanese bank holiday, i wonder if it will effect the liquidity, and causing prices movement slower ? thanks
We must to close all the orders , without taking care if is in P/L 5 minutes before news... But i prefer to dont trade 1 hour before news (My personal opinion).

Maybe the liquidity is going to be slow... i mean, the price is not going to move much.. but if i see a setup im going to trade it.
  • #2,051
  • Feb 10, 2016 11:31pm Feb 10, 2016 11:31pm
Quoting Contrax
{quote} Hello, 1)Please dont talk about other system.... (btw i have read and trade that system.. and well..Im here ). 2)You said "So I read that Dana uses usdjpy as the suggested pair. I'm wondering why I am seeing eurjpy charts used?" I can help you and answer to you.. please first read all the Thread and Study it. 3) With that energy that u are trying to trade the other system... with that same...
I think you are confused. Trading in the zone is not a system.
  • #2,052
  • Feb 10, 2016 11:33pm Feb 10, 2016 11:33pm
Quoting loleno
{quote} Welcome mate. Dana only trades the EJ. UJ was used for training for the first week only. We use the EJ here and I suggest you too as it will be easier to share and compare notes
Thank you for the reply.
  • #2,053
  • Feb 11, 2016 2:08am Feb 11, 2016 2:08am

Daily plan 2016.02.11

(at London opening)

ROMAR on Daily down
ROMAR on 2H down
ROMAR on 1H down

EMA on Daily down
EMA on 2H down
EMA on 1H down

FIBO on Daily up
FIBO on 2H up
FiBO on 1H up
Market is in downtrend with FIBO positive on all 3 charts.

2H chart
Opening at 127.16
ROMAR resistance (EMA is below ROMAR)
SMOOTH - resistance
EMA resistance
NOTES
All 4 horsemen (WHITE, SMOOTH, EMA, PSAR) are down. MACD down.

1H chart
ROMAR resistance (EMA below ROMAR)
SMOOTH resistance (Purple below SMOOTH)
EMA - resistance
NOTES
All 4 horsemen (WHITE, SMOOTH, EMA, PSAR) are down. MACD down.

Daily chart
ROMAR resistance (EMA below ROMAR)
SMOOTH resistance (PURPLE below SMOOTH)
EMA resitance
NOTES
All 4 horsemen (WHITE, SMOOTH, EMA, PSAR) are down. MACD down.

So, we haven't been in that kind of situation with this system when market is in strong downtrend. On all charts all indicators are down except FIBO. That shows that market can turn up at any given minute. I guess, we should pay attention to DB and SAR which show market swings. Market is very near LIME and THISTLE box on H2. Now we are at the lowest point and that means we have to wait retrace and short from the resistance.

I'll take short when:
{C}1) 2H market retrace back to SMOOTH at least and turns back down together with H1.
  • #2,054
  • Feb 11, 2016 2:47am Feb 11, 2016 2:47am
Fibo's up , all 3 !
I was thinking , there was a problem with my system ?
  • #2,055
  • Feb 11, 2016 3:07am Feb 11, 2016 3:07am
Quoting dove_alliance
Last but not least - The Bollinger Bands:.... In a downtrend is a different story. Once the band is hit retrace are generally to Purple, White, or Smooth. When it gets ready to turn then the market will hit EMA and go into consolidation...
EJ

If the market goes to the H1 or H2 low Bollinger Bands, I will enter long.
  • #2,056
  • Feb 11, 2016 5:28am Feb 11, 2016 5:28am
Quoting Whitelabcoat
{quote} I think you are confused. Trading in the zone is not a system.
Hi all.

My first post though I have been following the thread since it started. Thanks for the input on Mark Douglas and Trading in the zone, very useful. Unfortunately there is plenty confusion here with very little teaching. System looks like it may have potential but there has been no clear instruction on how to use it, resulting in over 100 pages of getting no-where. Good-luck everyone.
  • #2,057
  • Feb 11, 2016 5:46am Feb 11, 2016 5:46am
hello all, great post, thanks for sharing first of all! I have a very poor english and I am new beginner with trading sistem, I follow only you for now! I have a few question if is ok?!?
1. 17-19 pm est is 12-3 am London Time??
2. Paradox System what you talking about is Usd/Jpy ONLY???
3. This sistem works only in that time that 2-3 hours?
4. How safe could be for me, remember you I am beginner
Thanks a lot in advance!
  • #2,058
  • Feb 11, 2016 5:50am Feb 11, 2016 5:50am
we have DOWNTREND on all charts... why ppl still want to go LONG?
Long from BB only in consolidation...
  • #2,059
  • Feb 11, 2016 6:07am Feb 11, 2016 6:07am
Quoting Strider1
{quote} Hi all. My first post though I have been following the thread since it started. Thanks for the input on Mark Douglas and Trading in the zone, very useful. Unfortunately there is plenty confusion here with very little teaching. System looks like it may have potential but there has been no clear instruction on how to use it, resulting in over 100 pages of getting no-where. Good-luck everyone.
"We are only as blind as we want to be"
  • #2,060
  • Edited 9:32am Feb 11, 2016 6:16am | Edited 9:32am
OK I know that the focus here is on EJ, but I could not resist to show how great job did the EU - H2 chart during the famous "Yebben testimony" yesterday.
Just look at how ROMAR in the bottom of the charts holds super strong Support.
Entry was from my private system that is 80% coincides with the system here presented from dove alliance ........ would say - Confluence!!!

But I have to add - these situations are always re-prove that all in forex is pre-arranged and all this "red events" bandits used only to confuse and rob the people.
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perhaps my English is not perfect - but I know the Jungle
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