The Paradox System | Page 127 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The paradox System 2023 (for beginners) 724 replies

Paradox System: post your entry here 12 replies

Paradox system avg monthly ROR for last 12 months 33 replies

Learning the Paradox System=Set up / Trade Plan / Results Only 1 reply

lets talk about the system called PARADOX 2 replies

Attachments: The Paradox System
Exit Attachments

The Paradox System

  • #2,521
  • Feb 22, 2016 8:29am Feb 22, 2016 8:29am
Quoting dove_alliance
{quote} No - it's not weird. You cannot trade the 30 when the 1 hour is set for the 2 hour.
I appreciate your comment Dana. That rule however is quite clear and please be assured that I don't trade the 30 minute chart. I've been studying hard to learn this and have spent way too much time to break a very clear rule like that. Thanks for all you're doing here...I greatly appreciate it!!
~ Tim
  • #2,522
  • Feb 22, 2016 8:35am Feb 22, 2016 8:35am
Quoting Repoman
{quote} I appreciate your comment Dana. That rule however is quite clear and please be assured that I don't trade the 30 minute chart. I've been studying hard to learn this and have spent way too much time to break a very clear rule like that. Thanks for all you're doing here...I greatly appreciate it!!
I understand but the only way your 1 hour could had changed to a 30 minute is changing the timeframe to a 30. And I do understand about curiosity. Just be careful in what you are doing or like I said - you will only defeat yourself.
The Dove - Forex Trainer
  • #2,523
  • Feb 22, 2016 8:51am Feb 22, 2016 8:51am
Quoting dove_alliance
{quote} Take a very close look at this Picture and what do you see? You see the Open at EMA with the Smooth sliding with the White and no crossing of the White/Smooth. And because of the Smooth not crossing White a short entry was taken. You also had the 23.6 holding resistance with EMA. I had also stated that lower/low was consistence with a slider on the Fibo. I gave you the entry but ...... no more needs to be said. {image}
Is that a general rule, that white has to cross smooth for a trade to be taken?
  • #2,524
  • Feb 22, 2016 8:57am Feb 22, 2016 8:57am
Quoting dove_alliance
{quote} Take a very close look at this Picture and what do you see? You see the Open at EMA with the Smooth sliding with the White and no crossing of the White/Smooth. And because of the Smooth not crossing White a short entry was taken. You also had the 23.6 holding resistance with EMA. I had also stated that lower/low was consistence with a slider on the Fibo. I gave you the entry but ...... no more needs to be said. {image}

Mr. Dana, would you like to explain the meaning of : lower/low was consistence with a slider on the Fibo.
thank you
  • #2,525
  • Feb 22, 2016 8:58am Feb 22, 2016 8:58am
Quoting xpie
{quote} Is that a general rule, that white has to cross smooth for a trade to be taken?
Only when you are counter-trading against ROMAR. Then you need the White/Smooth crossings at Purple.
The Dove - Forex Trainer
  • #2,526
  • Feb 22, 2016 9:07am Feb 22, 2016 9:07am
Quoting dove_alliance
{quote} Only when you are counter-trading against ROMAR. Then you need the White/Smooth crossings at Purple.
Thanks that makes it clear
  • #2,527
  • Feb 22, 2016 9:43am Feb 22, 2016 9:43am
Quoting goldtime
{quote} Mr. Dana, would you like to explain the meaning of : lower/low was consistence with a slider on the Fibo. thank you
At opening yesterday you had the Fibo low at 125.006 on three charts. The power of the down was still in place on the daily chart. This means the Fibo was consistence on all three charts for a lower/low with a slider for continuance of the downtrend.
The Dove - Forex Trainer
  • #2,528
  • Feb 22, 2016 9:55am Feb 22, 2016 9:55am
Dove, could you please help me understand how you would avoid the long with the open above EMA and white/smooth crossing?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Question.PNG Size: 45 KB
Click to Enlarge Name: Question2.PNG Size: 9 KB
  • #2,529
  • Feb 22, 2016 9:58am Feb 22, 2016 9:58am
I have been getting a lot of PM's requesting one on one training. As I have stated - if I receive such request I will ignore your request. My days of training are over. I am here to finish up what training is needed and I will be in and out periodically to help with more training. I have a ministry and that comes before all else. I am sure everyone understands that.
The Dove - Forex Trainer
  • #2,530
  • Feb 22, 2016 10:05am Feb 22, 2016 10:05am
Quoting JMaurice
Dove, could you please help me understand how you would avoid the long with the open above EMA and white/smooth crossing? {image} {image}
Go back to the last page in where I had explained it with the same picture you had just posted. And as you would notice there was no White/Smooth crossing.
The Dove - Forex Trainer
  • #2,531
  • Feb 22, 2016 10:13am Feb 22, 2016 10:13am
Quoting dove_alliance
{quote} This is an example of breaking the rules. Two trades in being greedy had cost you -80 instead of -40.
Same here -40 pips the following rules was broken:
Don't contra-trade, this what I have done, my all charts was in true trend down but I have done totally contra-trade.

The reason why I have done it was the new LOW for FIBO. But I didn't read rules very well where you have explained that the LOW can bump few times, and DB will follow from bar to bar in the trend.
  • #2,532
  • Feb 22, 2016 10:14am Feb 22, 2016 10:14am
went short E/J at 125.074 out with 50 pips. Anyone else get this? Candle closed with purple/white cross.
  • #2,533
  • Feb 22, 2016 10:20am Feb 22, 2016 10:20am
Quoting Sicarius
went short E/J at 125.074 out with 50 pips. Anyone else get this? Candle closed with purple/white cross.
great trade that was clearly short trend my advice take your time and lean this , trend trades seems more easier to get but i believe i have it now
  • #2,534
  • Feb 22, 2016 10:24am Feb 22, 2016 10:24am
One thing I want everyone pay attention too:

I had seen what was happening on my Daily Trading Plan. I had posted my plan so everyone could see what I was seeing; before it even happened. Now - without my plan I would had missed it totally and probably done what most of you had done: Lose a trade.

The bottom line traders - you cannot trade without a plan. I am good at what I do - but only because of creating a trading plan and trading in the moment. That is the only way of robbing the banks and doing it legally.
The Dove - Forex Trainer
  • #2,535
  • Feb 22, 2016 10:25am Feb 22, 2016 10:25am
Quoting dove_alliance
{quote} Go back to the last page in where I had explained it with the same picture you had just posted. And as you would notice there was no White/Smooth crossing.
Thank you for the response, I very much appreciate it. The picture you posted in the last page didn't include the next bar as the chart I posted did. White/Smooth have crossed in the picture I posted, and definitely had crossed by the next bar. I'm not trying to be difficult and I understand losses can and will happen, but just trying to clarify if there was some other reason to avoid going long.
Attached Image (click to enlarge)
Click to Enlarge Name: Question3.PNG Size: 43 KB
  • #2,536
  • Feb 22, 2016 10:31am Feb 22, 2016 10:31am
Quoting dove_alliance
{quote} Go back to the last page in where I had explained it with the same picture you had just posted. And as you would notice there was no White/Smooth crossing.
Yea but on the next candle they had crossed, almost the same setup as U/J. To me it looks like you'll want a momentum candle to flip the indicators and get the swing going but what do I know.

Nice short on UC for 50 Pips off the DAILY ROMAR.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH2.png Size: 95 KB
  • #2,537
  • Feb 22, 2016 10:33am Feb 22, 2016 10:33am
Quoting JMaurice
{quote} Thank you for the response, I very much appreciate it. The picture you posted in the last page didn't include the next bar as the chart I posted did. White/Smooth have crossed in the picture I posted, and definitely had crossed by the next bar. I'm not trying to be difficult and I understand losses can and will happen, but just trying to clarify if there was some other reason to avoid going long. {image}
You are not understanding the concept. Every trade is in the moment. What is being said in the moment is truth. Not the next bar or the previous bar. But what the actual bar is saying in the moment; and that moment was on my trading plan. Now - do you see the big picture?
The Dove - Forex Trainer
  • #2,538
  • Feb 22, 2016 10:38am Feb 22, 2016 10:38am
Quoting dove_alliance
{quote} You are not understanding the concept. Every trade is in the moment. What is being said in the moment is truth. Not the next bar or the previous bar. But what the actual bar is saying is the moment; and that moment was on my trading plan. Now - do you see the big picture?
I'm assuming hes saying he only trades the first 3 candles of the Sydney open but I'm not sure lol.
  • #2,539
  • Feb 22, 2016 10:42am Feb 22, 2016 10:42am
Quoting Sicarius
{quote} I'm assuming hes saying he only trades the first 3 candles of the Sydney open but I'm not sure lol.
No - I wasn't trading at all at opening. I was creating my trading plan for my trade.
The Dove - Forex Trainer
  • #2,540
  • Feb 22, 2016 10:45am Feb 22, 2016 10:45am
you havnt answered him, why did you exclude the candle after your "moment". What defines "in the moment" and why was the smooth/white cross NOT in the moment.
4 traders viewing now