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The Paradox System

  • #2,621
  • Feb 23, 2016 9:41am Feb 23, 2016 9:41am
Quoting bigijs
I sold @ 123.41 with SL 40 and TP 40. Reason: 1) H1 hit SMOOTH 2) H2 hit PURPLE So, that's a confluence.
If you had waited with patience during the volatile candle news release you would had caught the 1 hour EMA on the opening of the next candle. Nothing wrong with your plan you just got in on the wrong candle that was volatile.
The Dove - Forex Trainer
  • #2,622
  • Feb 23, 2016 10:03am Feb 23, 2016 10:03am
I made another trade last night to give an example of trading in trend:

I waited on the 1 hour to close for the entry off the 1 hour Smooth because of the volatile candle. On opening of the next candle I took entry off the 1 hour Smooth.
Attached Image


And here is the limit and stop:
Attached Image
The Dove - Forex Trainer
  • #2,623
  • Feb 23, 2016 10:25am Feb 23, 2016 10:25am
Quoting dove_alliance
{quote} If you had waited with patience during the volatile candle news release you would had caught the 1 hour EMA on the opening of the next candle. Nothing wrong with your plan you just got in on the wrong candle that was volatile.
Does it mean I shoud always wait for the opening of next hour if there are some kind of news releases?
In this case there was low impact news.

Second question - I'm still in the trade. So, I'm waiting till a) market hit SL, b) H2 PURPLE crosses WHITE, or c) market hit TP, right?
  • #2,624
  • Feb 23, 2016 10:26am Feb 23, 2016 10:26am
Quoting chonchy
{quote} ...That maybe my fault Sir. I encourage them to wait for you to open a new training camp like you usually do, when the trolls make you go private, but I see also that you have lay out everything for them very neatly and you are here to dissipate any dough they may have about the system, I think the system is flawless, like all yours before and the probe is that some of them already got it almost to perfection, carry on my friend and again congratulations for a job well done, again thanks for all.....and I'm sorry if I missguided them.........
No Carlos -- it was not your fault. In my summary I had stated the same thing as I had posted above. So they already knew before you had said anything. But on the other hand - thank you for being there. God bless you.
The Dove - Forex Trainer
  • #2,625
  • Feb 23, 2016 10:50am Feb 23, 2016 10:50am
Quoting dove_alliance
I made another trade last night to give an example of trading in trend: I waited on the 1 hour to close for the entry off the 1 hour Smooth because of the volatile candle. On opening of the next candle I took entry off the 1 hour Smooth. {image} And here is the limit and stop: {image}
Hello Master. Everytime that i see the Market, i always do a "New Daily Plan". I mean, when new day appear i restart the MT4 and i let it open 23:59hrs. And in that time i make my first Daily Plan, but every 2 hours or when i have time to see the Charts before i entry, i make a new Daily Plan... I mean i like to make a completly Analisys of the moment H1 H2 D1 in "that moment". So if i check, for example right now my charts. I made right now a new Plan for my entry and somethings like that.

I dont know if im doing the right thing or not, but is working. What you think? Master Thank you.
  • #2,626
  • Feb 23, 2016 10:50am Feb 23, 2016 10:50am
Take note of the Arrow pointing up on the bar that the candle hit White and retraced off White:

You always have to remember that the 4 horsemen are both support and resistance. What this means on this particular bar the candle did not get below Purple but held up on support of White and is now going into consolidation. And at 17:00 EST your trading plans will be different. The way I see it will be pretty much be the same set up as it was a couple days ago with EMA having the power. So I'm just giving you guys heads-up.
Attached Image (click to enlarge)
Click to Enlarge Name: SN - H2 - 02-23_Arrow.JPG Size: 56 KB
The Dove - Forex Trainer
  • #2,627
  • Feb 23, 2016 10:53am Feb 23, 2016 10:53am
Quoting Contrax
{quote} Hello Master. Everytime that i see the Market, i always do a "New Daily Plan". I mean, when new day appear i restart the MT4 and i let it open 23:59hrs. And in that time i make my first Daily Plan, but every 2 hours or when i have time to see the Charts before i entry, i make a new Daily Plan... I mean i like to make a completly Analisys of the moment H1 H2 D1 in "that moment". So if i check, for example right now my charts. I made right now a new Plan for my entry and somethings like that. I dont know if im doing the right thing or not,...
- everyone is different in making trading plans. If it works for you then that is good.
The Dove - Forex Trainer
  • #2,628
  • Feb 23, 2016 10:56am Feb 23, 2016 10:56am
Quoting dove_alliance
{quote} - everyone is different in making trading plans. If it works for you then that is good.
Yes, most of times is the "same daily plan" but i feel more comfortable doing that. Thank you. God Bless You Dana.
  • #2,629
  • Feb 23, 2016 11:50am Feb 23, 2016 11:50am
Quoting dove_alliance
{quote} No Carlos -- it was not your fault. In my summary I had stated the same thing as I had posted above. So they already knew before you had said anything. But on the other hand - thank you for being there. God bless you.
..... May God, bless you Sir. .....
The Chonchy
  • #2,630
  • Edited 1:34pm Feb 23, 2016 12:51pm | Edited 1:34pm
My trading plan 1830 GMT
2 Hour Chart
ROMAR is down
Smooth is down but Purple is fast approaching - that might be anticipation and not in the moment, so will ignore.
EMA is down

1 Hour Chart
ROMAR is down
Smooth is up
EMA is up

The Daily Chart
ROMAR is down
Smooth is down
EMA is down

The charts are not in agreement so we are in consolidation.
The Fibo in all three charts is up and O at the low of 123.060. The market is over sold.
EMA on the 1H and 23.6 Fibo are resistance, short term.
We are consolidating and I dont know where the market is going next so I will wait and see.
I will look for 2H crossing Smooth and also EMA for a genuine change of trend upwards.
On the 1H Purple and EMA will cross soon. The short trend does look up, but I'm looking at the 2H for my trend. Again I must wait for a clearer signal in the moment.

My options are
1a) A long trade from 2H Purple crossing EMA for the up trend.
1b) Alternatively, a retracement on 2H off White support up to EMA resistance.

2) A short trade from Purple slipping under EMA on the 1H and the horseman going downtrend.

Please everyone do not take my decisions with any authority. I'm still learning and posting my plan as asked by Dove yesterday. - I have a lot to learn still.
  • #2,631
  • Feb 23, 2016 2:25pm Feb 23, 2016 2:25pm
SirViver Trading plan

Daily at lower low than yesterday.
Romar is resistance
Parabolic resistance
EMA is resistance
Close of daily bar near session low, and entire bar is below purple. 4 horseman running downhill.

2 Hour
Romar is resistance
Parabolic is resistance
EMA is resistance
Low of last bar was session low, but the bar closed as an up bar, just touching purple.
4 horseman in line running downhill.

1 Hour
Romar is resistance
Parabolic is resistance
EMA is resistance.
We are in downtrend. 23rd bar was pinbar, closing bar is up. closing bar thru purple, white, & smooth.
Purple and white running parallel and white is trying to cross purple.
I plan to trade in the moment and watch to see if the 2 hr white and smooth will cross purple up & jump in with short if market bounces off EMA and turns down again, or watch to see if market goes thru the ema with possible long entry if it hits parabolic on other side & parabolics flip. I plan to take my time with an ideal entry, and not rush in just to be in a trade.

OK – let’s take a look at SirViver trading plan; and I am not criticizing his plan but only referencing his visuals:

He is looking for a short off the 2 EMA and a long with open above the 2 hour EMA. But there is a problem with both trades as he is looking on with the 2 hour.

1 – The Daily is very strong with the downtrend.

2 – The 2 hour is also very strong with the 4 horsemen and will hold resistance for the continuance of the downtrend.

3 – The 1 hour EMA is also strong in the downtrend along with Parabolic’s heavy in holding resistance. At the time of his trading plan both White and Smooth are sliding for the continuance of the downtrend.

So, in his mind he will wait for the 2 hour EMA in HOPES of being right. And in this waiting mode he had been subjective in waiting instead of being objective with the resistance.

At the time of his plan there was no indication of either the 2 hour or Daily going into a swing change.

Creating a trading plan you need to be objective with both support and resistance. The first indication of change in swings is with the 1 hour Parabolic flip; and the verification is with 2 hour EMA crossing Purple.

So the objective of creating a trading plan is never be intimidated in hoping what will happen but be objective in what will happen.

And I pray SirViver you didn’t mind me in using your plan so others can learn from your plan.
The Dove - Forex Trainer
  • #2,632
  • Feb 23, 2016 2:34pm Feb 23, 2016 2:34pm
Thank you for your kindness Dove. I am eager to learn your system however what will happen if they switch to mt5? It will still work?
  • #2,633
  • Feb 23, 2016 2:42pm Feb 23, 2016 2:42pm
Quoting Ygr
Thank you for your kindness Dove. I am eager to learn your system however what will happen if they switch to mt5? It will still work?
I have no idea why everyone is worried about the MT5. The MT5 has a long, long ways of ever being right. Right now the MT5 sucks and a lot of changes has to be made before they even think of devolving the MT4; in which will never happen because of the world wide usage of the MT4.
The Dove - Forex Trainer
  • #2,634
  • Feb 23, 2016 3:09pm Feb 23, 2016 3:09pm
Quoting Ygr
Thank you for your kindness Dove. I am eager to learn your system however what will happen if they switch to mt5? It will still work?
MT5 isn't meant to be a replacement for MT4 - only an additional platform, so like Dove says it ain't gonna happen, so be concerned with now rather than something in the future that will likely never happen....
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #2,635
  • Feb 23, 2016 3:21pm Feb 23, 2016 3:21pm
Quoting shinny
{quote} MT5 isn't meant to be a replacement for MT4 - only an additional platform, so like Dove says it ain't gonna happen, so be concerned with now rather than something in the future that will likely never happen....
Thank you Shinny - and you are very right - it is not a replacement.
The Dove - Forex Trainer
  • #2,636
  • Feb 23, 2016 3:40pm Feb 23, 2016 3:40pm
I really feel very happy and comfortable with This.... This is just Amazing. I cant imagine what you did Dana, what you push urself for in the End u had connected with ur inner Soul and create this... Thank you, and to be honest i never lost the hope for learn ur system since the first day that i ask for it.... And now is Free and for everyone... God Bless You.
  • #2,637
  • Feb 23, 2016 3:54pm Feb 23, 2016 3:54pm
Quoting Contrax
I really feel very happy and comfortable with This.... This is just Amazing. I cant imagine what you did Dana, what you push urself for in the End u had connected with ur inner Soul and create this... Thank you, and to be honest i never lost the hope for learn ur system since the first day that i ask for it.... And now is Free and for everyone... God Bless You.
There was a time long ago you didn't need to trade all you had to do was hop on the train of a trend and ride it for a day or two. Then take profit and hop on the next train for a day or two; and take profit. It was like that for the longest time - but no more. Now you have to trade.
The Dove - Forex Trainer
  • #2,638
  • Feb 23, 2016 4:01pm Feb 23, 2016 4:01pm
I'm starting to really enjoy this train ride...finally! It's been frustrating up to this point and I have much more to learn, but getting close to 80% !! Thanks again for all your time and effort with this training!
~ Tim
  • #2,639
  • Feb 23, 2016 4:03pm Feb 23, 2016 4:03pm
Quoting Repoman
I'm starting to really enjoy this train ride...finally! It's been frustrating up to this point and I have much more to learn, but getting close to 80% !! Thanks again for all your time and effort with this training!
No problem Repoman - just stay with it and eventually it will all come together.
The Dove - Forex Trainer
  • #2,640
  • Feb 23, 2016 4:19pm Feb 23, 2016 4:19pm
Trading Plan EUR/JPY
23/02/2016
22:00 GMT
Opening at 123.536
Daily chart
ROMAR - resistance
PARABOLIC - resistance
EMA - resistance
SMOOTH - resistance
WHITE - resistance
NOTES: 1) Price is below 0.0 fibbonacci; 2) Price below the purple.

2H chart
ROMAR - resistance
PARABOLIC - resistance
EMA - resistanceSMOOTH - resistance
WHITE - support
NOTES: 1) Fibbonacci between 0.0 and 23.6; 2) Price between Smooth and EMA; 3) Purple cross White

1H chart
ROMAR - resistance
PARABOLIC - support
EMA - resistance but close to the purple
SMOOTH - cross the Purple
WHITE - resistance but close to the purple
NOTES: 1) Price is just above 23.6 Fibbonaci; 2) Price is at purple


Short Entry: 1H - Parabolic and Smooth as resistance + 2H White as resistance
Long Entry: 1H - White, Smooth, and EMA as support + 2H White, Smooth, and Parabolic as support and price open above EMA
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