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Paradox System: post your entry here 12 replies

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Attachments: The Paradox System
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The Paradox System

Was just thinking that there are twelve 2H candles a day and all we need is to choose one that will give up 40 pips for the day. Or 2 for 20 pips each.
Quoting loleno
{quote} To manual backtest just turn off Auto Scroll and Chart Shift and go through each bar by pressing F12.
I will try tommorow day off )) thanks a lot!
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?...
Already answered by JMauric but would like to add something about news. There's a set day but no set time for BOJ announcements (it can be released any time over a course of a few hours) so that's something to look out for.
Quoting loleno
Was just thinking that there are twelve 2H candles a day and all we need is to choose one that will give up 40 pips for the day. Or 2 for 20 pips each.
Exactly.
Patience and discipline.
Quoting loleno
{quote} Already answered by JMauric but would like to add something about news. There's a set day but no set time for BOJ announcements (it can be released any time over a course of a few hours) so that's something to look out for.
EJ has always been a great cross to trade due to the volatility, but I'm loathe to trade it due to the way it is controlled/manipulated.
I'm sure most remember the swissie (CHF) incident.
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?...
I also wanted to add:
- stay away from the market when the spread jumps higher
- 20 or 40 pips TP depends on where you opened your position (at the beginning (TP is 40) or in the middle (TP is 20) of the current move) and of course keeping in mind support/resistance levels.
Quoting ender600ro
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! {image}
We're trading EUR/JPY here.
Quoting Bsverma
{quote} 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
Hello sorry for the late reply... i was busy. Well exactly i can tell you... Make sure that u can see only 40 candles in ur CHART and when a new day appear, change the settings for the first candle in H1 must match with the vertical line. Did u get it?
Quoting chonchy
{quote} ...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....

"Double edge sword ready to cut the market in two" Nice Quote my friend Chonchy.
In my Account im up %33 profit in one Week... all the trades with the SL and TP... sometimes i close the trade manually if i dont feel comfortable.. and always i put my Breakeven +3pips after 15-20pips floating profit. Nothing bad.. thinking that is requiered 6 months for learn this system. I want to recommend somethings....

1) The rules are set.... DO NOT CHANGE IT...
2) Do not try to rush the system.... if u do something different with the Rules that are already Solid.... and u fail... the only person that you must blame is urself... Why rush something if our Master is telling you that you need Patience and Time for 6 months of training?
3) Why trade Multi Currencies? If u cant be profitable with one Currency... What makes different trading with more currencies? If Our Master is telling us that only Trade EUR/JPY is for something dont u think?
4) A high rate profitable trades.... yes... you only need 40 pips daily to make ur fortune....
5) The Indicators is telling you everything.... just wait for the perfect setup.. thats it....

Ignore everything that u read or learn of others system... Ignore all those books... for real.. Focus inn this Thread.. is everything we need.

Thank you Master for everything... and GoodLuck Next Week!
Quoting Contrax
In my Account im up %33 profit in one Week... all the trades with the SL and TP... sometimes i close the trade manually if i dont feel comfortable.. and always i put my Breakeven +3pips after 15-20pips floating profit. Nothing bad.. thinking that is requiered 6 months for learn this system. I want to recommend somethings..... and GoodLuck Next Week!
Absolutely agree with all recommendations.

Always reading this forum after I am finished and closed all trades for a day, because I don't think it is a good idea to look here for a discussion where to enter and direction. I believe it is good to discuss trades that already have been taken and why we entered them or exits.

I must compliment this trading system, 15% on account this week. Unfortunately was missing Thursday and Friday market action.
So I thought I understood the system last week but. . . No lol. Been reading all of the documents TradeAlot put together and I'm confused again. My question to everyone else is how are you entering trades? In this picture dove talks about EMA being resistance and then enters long at a purple/white crossing that is still under the EMA. In this picture it looks like we are trading the very first purple white cross on the open candle no matter what the EMA is doing. In other examples I thought we needed the cross but also a close above resistance/support.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYproH1_30.png Size: 60 KB
Quoting Sicarius
So I thought I understood the system last week but. . . No lol. Been reading all of the documents TradeAlot put together and I'm confused again. My question to everyone else is how are you entering trades? In this picture dove talks about EMA being resistance and then enters long at a purple/white crossing that is still under the EMA. In this picture it looks like we are trading the very first purple white cross on the open candle no matter what the EMA is doing. In other examples I thought we needed the cross but also a close above resistance/support....
Uptrend ; enter at support
Downtrend ; enter at resistance
1st pic Dove said - On this scenario is the same as the one above. ROMAR sliding over EMA for the down and the OPEN candle below EMA is entry for the downtrend.

2nd - You have 1; Purple/Whit crossing and 2; with an open candle below SMOOTH showing the crossing of Purple. And that is not anticipating because it is showing the crossing before it even happens.


In the first pic tho, the open below SMOOTH is where the cross would have happened, dove chose to wait until the close and open below the EMA. But, in the 2nd pic Dove grabs it at the open below SMOOTH, but in that example the purple/white cross is far less apparent than the previous example but he takes the trade there instead of waiting on the EMA.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: example1.png Size: 185 KB
Click to Enlarge Name: example2.png Size: 202 KB
Quoting Sicarius
So I thought I understood the system last week but. . . No lol. Been reading all of the documents TradeAlot put together and I'm confused again. My question to everyone else is how are you entering trades? In this picture dove talks about EMA being resistance and then enters long at a purple/white crossing that is still under the EMA. In this picture it looks like we are trading the very first purple white cross on the open candle no matter what the EMA is doing. In other examples I thought we needed the cross but also a close above resistance/support....
This is your H1 chart but PURPLE/WHITE crossing setup is taken ONLY on H2.
Quoting loleno
{quote} 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.
thanks for that. i was under such impression too. everytime i saw a possible opening on either h2 or h1, the other wasn't in sync and therefore no trade. lets see what tomorrow begins...
Why should it take 6 months to learn a system? If setup and rules are explained correctly you should learn that in 1 day. Then test what you learned in demo trading and if it's successful trade it and if not move on. I have been trading for 14 yrs and this is the most obtruce system yet but that's the opinion of 1
Is anyone else working on just the position trading using DB between highs and lows?
Quoting Divergence
Why should it take 6 months to learn a system? If setup and rules are explained correctly you should learn that in 1 day. Then test what you learned in demo trading and if it's successful trade it and if not move on. I have been trading for 14 yrs and this is the most obtruce system yet but that's the opinion of 1
Because a lot of people is changing the rules and everything.... I can bet you... only %30 is making money right now with this System.... people start changing the rules and they are failing... and they are going to jump for another system.... and u are right ... THE RULES ARE SOLID.. JUST FOLLOW IT.

And i think watching 6 months this system... u can learn enough all the possibilities of combinatios of the Paradox.
Quoting nigpig
Is anyone else working on just the position trading using DB between highs and lows?
My friend... learn to trade all the system... You need to understand all the indicators... if you only pick one thing without watching the others.. u are going to fail....
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