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The Paradox System

  • #2,161
  • Feb 12, 2016 3:45am Feb 12, 2016 3:45am
Quoting loleno
Just entered short at the 127 level
Just realized entries should be at the open of a new 2H candle
  • #2,162
  • Feb 12, 2016 4:16am Feb 12, 2016 4:16am
Be very careful with your short positions.
H2 PURPLE has crossed EMA downward but PSAR hasn't flipped negative yet.
So I guess, something is holding this market up. Hard to tell the direction.
  • #2,163
  • Feb 12, 2016 5:59am Feb 12, 2016 5:59am
Quoting SickOfScam
{quote} Price touched Romar, which is the main Support on H2 (and on the whole system) then refused back with 130+ pips TP (exit is the only thing that does not belong to this system) Romar? ...Support? - Capeesh!!! I appreciate your words chonchy, and I hope that dove alliance will be soon here.
...Just give him some time you know, maybe got sick or some you know, when he come back he will explain, honor him with your learning and training, that when he come back you guys are like a double edge sword ready to cut the market in two, pips for all....
The Chonchy
  • #2,164
  • Feb 12, 2016 6:02am Feb 12, 2016 6:02am
Quoting HitTheBid
{quote} Eur/usd sell would equal 1.1298 - 40= 1.1258 ED buy... 1.1298 + 40=1.1338






good evening sir
thanks sir for your coppration to me
  • #2,165
  • Feb 12, 2016 6:10am Feb 12, 2016 6:10am
Dana mentioned exiting the trade after the Purple/White crossing. Does anyone know if he was referring to the H1 or H2 chart?
  • #2,166
  • Feb 12, 2016 6:20am Feb 12, 2016 6:20am
Quoting loleno
Dana mentioned exiting the trade after the Purple/White crossing. Does anyone know if he was referring to the H1 or H2 chart?
He was referring to the H2.
  • #2,167
  • Feb 12, 2016 6:21am Feb 12, 2016 6:21am
Quoting bigijs
{quote} He was referring to the H2.
Thanks buddy
  • #2,168
  • Feb 12, 2016 7:20am Feb 12, 2016 7:20am
Quoting Contrax
{quote} Look all the TF not only H1... look H1 H2 and D1.... u are in the bottom. Watching only H1 i prefer to wait for the price touch EMA before i entry short. and better wait for the retracement in the Resistance of H2. for EMA. H1 Purple has cross white and going for cross smoth.. so maybe a retracement is going to happen. But welll im learning too. Goodluck in ur trade.



sir good evening
sir i want to help from your side my chart not match with chart may be time setting problem .please tell me i from india my time +5:30 gmt my broker time 22gmt may be i set -5 timeoffset or other my english also poor .sorry for distrub you
  • #2,169
  • Feb 12, 2016 7:39am Feb 12, 2016 7:39am
Quoting Kubiasty
Is there anyone who understood this system ? Know when to enter trade s?
Nope.

Glad I'm not alone there.
  • #2,170
  • Feb 12, 2016 7:47am Feb 12, 2016 7:47am
H2 PSAR just flipped down. Let's see what happens at H2 candle open.
~ Tim
  • #2,171
  • Feb 12, 2016 8:17am Feb 12, 2016 8:17am
Hi all - been reading this thread for the past week trying to get a better handle on it. Have not tried any demo trading yet, but will hopefully start next week after reviewing everything again over the weekend. I have couple of questions for those of you who have started getting their feet wet trading this system:

1- Which high impact news events do you not trade with this system? Dove mentioned not to trade during news, and it seem like during the NY sessions there is a lot of news being released - so maybe better to trade in evenings (EST) only?

2- How do you decide whether to use a TP of 20 pips vs. 40 pips? If I understand correctly, it depends on how far away you are from the nearest support/resistance when you enter a trade.

3-If you trade off the daily chart for a longer term trade, your entry should be when the purple crosses ROMAR and you use a 100 pip SL, correct?

4-Have you guys been able to get an 80% success rate?

Thanks, and good luck with your trading
  • #2,172
  • Feb 12, 2016 8:52am Feb 12, 2016 8:52am
Quoting wwfool
Hi all - been reading this thread for the past week trying to get a better handle on it. Have not tried any demo trading yet, but will hopefully start next week after reviewing everything again over the weekend. I have couple of questions for those of you who have started getting their feet wet trading this system: 1- Which high impact news events do you not trade with this system? Dove mentioned not to trade during news, and it seem like during the NY sessions there is a lot of news being released - so maybe better to trade in evenings (EST) only?...
1 - Originally I thought just NFP and BOJ releases, but I believe Dove says all Red news.
2 - Dove suggested we start with 20 pip targets, and as we progress to better understand trading with the trend, we can move to 40 pips.
3 - Purple crossing White is the first indication of a reversal. A close beyond Smooth would then constitute an entry, I believe (I could be wrong).
4 - We are all still learning.
  • #2,173
  • Feb 12, 2016 9:15am Feb 12, 2016 9:15am
Quoting JMaurice
{quote} 1 - Originally I thought just NFP and BOJ releases, but I believe Dove says all Red news. 2 - Dove suggested we start with 20 pip targets, and as we progress to better understand trading with the trend, we can move to 40 pips. 3 - Purple crossing White is the first indication of a reversal. A close beyond Smooth would then constitute an entry, I believe (I could be wrong). 4 - We are all still learning.
Thanks -I'll post some updates once I start demo trading and getting some results from the system.
  • #2,174
  • Feb 12, 2016 10:07am Feb 12, 2016 10:07am
so guys, any updates on today's trading?
  • #2,175
  • Feb 12, 2016 11:07am Feb 12, 2016 11:07am
It seems consolidating the last 8 hours, but i am ready to short when market touch the H2 EMA or PSAR
  • #2,176
  • Feb 12, 2016 3:05pm Feb 12, 2016 3:05pm
hello all again! I want yo remind you that I am a begginer I use MT4 with demo account for now and the question is: how can I make a backtesting with this platform and Paradox with all 3 chart, please? Thanks again all and good luck trading God bless you all!
  • #2,177
  • Feb 12, 2016 3:43pm Feb 12, 2016 3:43pm
Quoting HitTheBid
{quote} Right click on chart>click Indicators list>click paradox session indicator>adjust GMT server offset. Check you have correct bar time by comparing it to the recent chart of loleno's. Top of this page. Post 2121. Adjust as necessary.
Thanks you so much HitTheBit I will try and I tell you after!
  • #2,178
  • Feb 12, 2016 3:56pm Feb 12, 2016 3:56pm
I want to make a check of my Paradox on my pc London GMT 0 broker +2

2h Romar - D
Smooth - D
EMA - U

1h Romar - D
Smooth - D
EMA - U

D Romar - D
Smooth - D
EMA - U

I want to check if I have same line like another one, if someone want to replay, please!
Attached Image (click to enlarge)
Click to Enlarge Name: 12.02.2006JPG.JPG Size: 209 KB
  • #2,179
  • Feb 12, 2016 4:44pm Feb 12, 2016 4:44pm
Quoting bgntrs
so guys, any updates on today's trading?
Not much happened today. Later during the day we had a trend going on the H2 with the ROMAR/EMA and 4 horsemen but looking at the H1 it helped us stay out because the H1 horsemen weren't in sync. I think we had one good trade today as posted by fellow trader bigijs.
  • #2,180
  • Feb 12, 2016 4:49pm Feb 12, 2016 4:49pm
Quoting ender600ro
hello all again! I want yo remind you that I am a begginer I use MT4 with demo account for now and the question is: how can I make a backtesting with this platform and Paradox with all 3 chart, please? Thanks again all and good luck trading God bless you all!
To manual backtest just turn off Auto Scroll and Chart Shift and go through each bar by pressing F12.
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