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The Paradox System

  • #2,101
  • Feb 11, 2016 2:18pm Feb 11, 2016 2:18pm
Quoting SickOfScam
{quote} Sorry guys, but what is too much is too much {image}
Please just delete that. If people are going to be rude, just ignore them. Going back and forth with stuff like that, that doesn't pertain to this training, will mess this up for all of us.
"Love your enemies and pray for those who persecute you" Might not be persecution...but you get the idea
~ Tim
  • #2,102
  • Feb 11, 2016 2:24pm Feb 11, 2016 2:24pm
Quoting Repoman
{quote} Please just delete that. If people are going to be rude, just ignore them. Going back and forth with stuff like that, that doesn't pertain to this training, will mess this up for all of us. "Love your enemies and pray for those who persecute you" Might not be persecution...but you get the idea

Agreed!
  • #2,103
  • Feb 11, 2016 2:29pm Feb 11, 2016 2:29pm
Quoting SickOfScam
{quote} This is a post for admin.. Sorry dove alliance.... {image}
Hey man, I just wonder why you have post this info here? why are you here, bay the way? every your comment is negative
I don't think you are here to learn new system - you are smarter then us. So why don't you go somewhere else?
  • #2,104
  • Feb 11, 2016 2:29pm Feb 11, 2016 2:29pm
hmm, im confused. i shorted at 127.246. the reason being is because it hit the EMA on the 2H chart at this price. the EMA is resistance atm. I see most people have been doing longs in the past couple of hours. What am I doing wrong?
  • #2,105
  • Feb 11, 2016 2:35pm Feb 11, 2016 2:35pm
Quoting bgntrs
hmm, im confused. i shorted at 127.246. the reason being is because it hit the EMA on the 2H chart at this price. the EMA is resistance atm. I see most people have been doing longs in the past couple of hours. What am I doing wrong?
it is difficult to trade in consolidation time, especially when we are learning this new system. As Dana said, it will take about 6 months to learn this system. Much easier is to trade with main trend, but you have to wait for market come to you
  • #2,106
  • Feb 11, 2016 2:36pm Feb 11, 2016 2:36pm
Quoting bgntrs
hmm, im confused. i shorted at 127.246. the reason being is because it hit the EMA on the 2H chart at this price. the EMA is resistance atm. I see most people have been doing longs in the past couple of hours. What am I doing wrong?
I mean this with all respect but probably need to study the thread more. Fibos are up, Purple crossed smooth, PSAR sill down on H2 but up on H1. Trend is down but all fibos are up and we're in a tight consolidation. Aslo, the market isn't really moving much at the moment so anything can happen. Probably wait for something definitive to break later today. That's my opinion from what I've learned so far but maybe not completely correct...except for the reading past. You'll get it!! I will too...not there yet though
~ Tim
  • #2,107
  • Feb 11, 2016 2:37pm Feb 11, 2016 2:37pm
Quoting ciscok9
{quote} TP Hit + 40pips. The reasons for me taking this trade were very well exposed by nonibadsha that's why I quoted him.
Well done ciscok9.
I let my emotions get in the way and got out of the trade way to early.
I was doubting that you got to +40 pips, because my charts where not sowing that kind of price move. I then realised the price on my 1H and 2H were not matching.
I restarted my machine and launched MT4 again.. now everything matches.
Strange.
  • #2,108
  • Feb 11, 2016 2:40pm Feb 11, 2016 2:40pm
Quoting Repoman
{quote} I mean this with all respect but probably need to study the thread more. Fibos are up, Purple crossed smooth, PSAR sill down on H2 but up on H1. Trend is down but all fibos are up and we're in a tight consolidation. Aslo, the market isn't really moving much at the moment so anything can happen. Probably wait for something definitive to break later today. That's my opinion from what I've learned so far but maybe not completely correct...except for the reading past. You'll get it!! I will too...not there yet though

thanks for that bro. ive read everything. time to read it all again!! it's always easy in hindsight lol
  • #2,109
  • Feb 11, 2016 2:45pm Feb 11, 2016 2:45pm
Quoting bgntrs
{quote} thanks for that bro. ive read everything. time to read it all again!! it's always easy in hindsight lol
My pleasure! If we all had foresight, we'd all be rich! Dana mentioned that E/J takes a little foresight though...that's what we're working on. My foresight looks like a long sometime soon but waiting for the H2 fibo to flip then wait for a good entry.
~ Tim
  • #2,110
  • Feb 11, 2016 2:52pm Feb 11, 2016 2:52pm
Quoting bgntrs
{quote} thanks for that bro. ive read everything. time to read it all again!! it's always easy in hindsight lol
I think for a trade... ideally the market has to have a good retrace above h2 ema for 1-2 candles then close back below ema with momentum for a short sell in the direction of ema/romar.

What do you think?
  • #2,111
  • Feb 11, 2016 2:57pm Feb 11, 2016 2:57pm
Quoting tradertron
{quote} I think for a trade... ideally the market has to have a good retrace above h2 ema for 1-2 candles then close back below ema with momentum for a short sell in the direction of ema/romar. What do you think?
This is basically how I have been trading it, but not completely sure whether its correct or not.
  • #2,112
  • Feb 11, 2016 3:38pm Feb 11, 2016 3:38pm
I hope I am not bothering again. I live in London, my broker has GMT +2 and I don't know how to setup the gmt offset. Thank you in advance and God bless you all.
  • #2,113
  • Feb 11, 2016 4:11pm Feb 11, 2016 4:11pm
I have seen much volatility today and I think this occurs when a large change happens in the market and leads to periods of rapid movement and consolidation in cycles. If you keep ROMAR and EMA as your primary and secondary trends on the charts you will keep in the trend. When the two (ROMAR and EMA) are the same on all three charts then we have a confluence (a coming together) in agreement in one direction. The market moves! It is hard, but we need to keep to the rules and only seek two 20/40 trades. I say this because I have been drawn in to over trading today and leant again an important lesson; Not keeping to the rules leads to loss. Waiting for the trade is a very difficult thing that I guess comes with trying again and again and learning subjectively and by re-examination of what I did wrong. That is why Dove's wise words of trying this for six months. Initially, we may have wins but they are so easily turned to a loss when emotion is in involved. The feeling I have missed out on winning or taken a loss is something that I personally need to deal with to make me in to a better trader. I hope I can learn and develop my skills and hope this helps others. Thank you to all for your posts that I read each day.
  • #2,114
  • Feb 11, 2016 4:16pm Feb 11, 2016 4:16pm
Quoting tradertron
{quote} I think for a trade... ideally the market has to have a good retrace above h2 ema for 1-2 candles then close back below ema with momentum for a short sell in the direction of ema/romar. What do you think?
possibly. although i saw trades taken when dove was here, some individuals shorted on the mere touch of a resistance level and made 40 pips. Also Dove praised these trades. however, i'm sure the conditions were perfect for those trades.
  • #2,115
  • Feb 11, 2016 4:19pm Feb 11, 2016 4:19pm
Quoting nigpig
I have seen much volatility today and I think this occurs when a large change happens in the market and leads to periods of rapid movement and consolidation in cycles. If you keep ROMAR and EMA as your primary and secondary trends on the charts you will keep in the trend. When the two (ROMAR and EMA) are the same on all three charts then we have a confluence (a coming together) in agreement in one direction. The market moves! It is hard, but we need to keep to the rules and only seek two 20/40 trades. I say this because I have been drawn in to over...
Thank you for this post. I know I have the same problems as well - wins come and then we feel good and confident. But then a loss comes and we get emotional and overtrade or take bad positions to try to make up for the loss. Its amazing how hard it can be to just not take a trade when you're not supposed to.
  • #2,116
  • Feb 11, 2016 4:31pm Feb 11, 2016 4:31pm
There were no trades for me last night. This is a summary of my thought process:

1. ROMAR and EMA were in sync on all 3 charts to begin the day. Strong downtrend.
2. The market continued south and I was watching bar by bar for a short from 2H resistance.
2. Then we had risk of central bank intervention causing 200 pip movement and Yellen Q&A so I stayed out of the market.
3. Later we saw 1H EMA crossing Purple so all 3 EMA's were no longer in sync, for a start in consolidation.
4. I went to bed after that, but in hindsight I would have taken this trade at the white arrow:

Attached Image (click to enlarge)
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1H EMA/Purple crossing and market opening above EMA and Smooth.
  • #2,117
  • Feb 11, 2016 4:40pm Feb 11, 2016 4:40pm
Quoting loleno
There were no trades for me last night. This is a summary of my thought process: 1. ROMAR and EMA were in sync on all 3 charts to begin the day. Strong downtrend. 2. The market continued south and I was watching bar by bar for a short from 2H resistance. 2. Then we had risk of central bank intervention causing 200 pip movement and Yellen Q&A so I stayed out of the market. 3. Later we saw 1H EMA crossing Purple so all 3 EMA's were no longer in sync, for a start in consolidation. 4. I went to bed after that, but in hindsight I would have taken this...
Thank for the analysis. That was the trade I took. I waited from the open however to see if it would move back down toward the supports of Smooth, White, and Purple, but didn't and I ended up just getting a worse price than if I had bought at the open. So the actual "Trigger moment", when you actually click buy/sell, is still something that I'm a little confused about. I get the trends and using the indicators to see the big picture while only looking at the moment, but I'm having trouble when exactly to pull the trigger.
Attached Image (click to enlarge)
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  • #2,118
  • Feb 11, 2016 4:46pm Feb 11, 2016 4:46pm
New day, new plan.

Daily
ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Notes: Still in downtrend

2H
ROMAR: Resistance
EMA: Resistance
Parabolic: Resistance
Notes: White and Smooth had crossed Purple. Purple making its way to EMA.

1H
ROMAR: Resistance
EMA: Support
Parabolic: Support
Notes: The market remains supported by 4 horsemen and EMA.

Direction: We are in ROMAR downtrend on all 3 charts but we have 1H EMA out of sync for a consolidation.

Attached Image (click to enlarge)
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  • #2,119
  • Feb 11, 2016 4:57pm Feb 11, 2016 4:57pm
Quoting JMaurice
{quote} Thank for the analysis. That was the trade I took. I waited from the open however to see if it would move back down toward the supports of Smooth, White, and Purple, but didn't and I ended up just getting a worse price than if I had bought at the open. So the actual "Trigger moment", when you actually click buy/sell, is still something that I'm a little confused about. I get the trends and using the indicators to see the big picture while only looking at the moment, but I'm having trouble when exactly to pull the trigger. {image}
Good trade imo. That's the one I would have taken. For me I like to keep it simple and consistent. My trigger is right at the open of the candle. The psychology of trading is always more important and everything should be done in a mechanical way to take emotions out of play. Waiting and wishing for a better entry price will play with your mind. Especially when the market shoots up without you
  • #2,120
  • Feb 11, 2016 4:59pm Feb 11, 2016 4:59pm
Quoting loleno
{quote} Good trade imo. That's the one I would have taken. For me I like to keep it simple and consistent. My trigger is right at the open of the candle. The psychology of trading is always more important and everything should be done in a mechanical way to take emotions out of play. Waiting and wishing for a better entry price will play with your mind. Especially when the market shoots up without you
Yes, thank you for the response. I just remember a post of Dove's early where the entry was "at the best price possible" and the Daily open line was used as the trigger. Perhaps after 10 years of working with the system, it becomes apparent when you can let it pullback prior to entry and when to just enter. But as you say, I will aim for consistency and simply use the bar open.

Thanks again -
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