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The Paradox System

  • #2,661
  • Feb 23, 2016 6:45pm Feb 23, 2016 6:45pm
Quoting snfx
Yes Dove I know that but some how I dont feel that I am prepared yet for EUR/JPY ... it is too volatile for me.. If You insist to post only EUR/JPY no problem.
I understand that very well - but posting trades with the UJ disrupt the focus on what is being done here. And I am sure you understand that.
The Dove - Forex Trainer
  • #2,662
  • Feb 23, 2016 6:48pm Feb 23, 2016 6:48pm
Of course, I will try to get involved on EUR/JPY. Sorry if I made confusion here.
  • #2,663
  • Edited 10:03pm Feb 23, 2016 7:36pm | Edited 10:03pm
I pull the trigger to short @123.35 at 19:03 EST (in my country it was 7.03 am), because the opening was below purple. I am waiting for the result right now!
Anybody else has been going short?

update : right now is 23.00 EST, from my understanding, the opportunity to short is still open, because market retrace at H1 Smooth, and market also opened below H2 Purple, still confirm the previous setup. Let's see!!
  • #2,664
  • Feb 23, 2016 10:08pm Feb 23, 2016 10:08pm
Quoting mav3n
I pull the trigger to short @123.35 at 19:03 EST (in my country it was 7.03 am), because the opening was below purple. I am waiting for the result right now! Anybody else has been going short? update : right now is 23.00 EST, from my understanding, the opportunity to short is still open, because market retrace at H1 Smooth, and market also opened below H2 Purple, still confirm the previous setup. Let's see!!
Yes, I did as well, but to be honest, I only saw it because Dove said so.
  • #2,665
  • Feb 23, 2016 10:12pm Feb 23, 2016 10:12pm
Quoting JMaurice
{quote} Yes, I did as well, but to be honest, I only saw it because Dove said so.
Yes, me too, but i begin to see the light from his explanation. Btw, the H1 Bollinger Band is the nearest target right now, what do you think?
  • #2,666
  • Feb 23, 2016 10:17pm Feb 23, 2016 10:17pm
Quoting mav3n
{quote} Yes, me too, but i begin to see the light from his explanation. Btw, the H1 Bollinger Band is the nearest target right now, what do you think?
Yes things have become more clear recently with Dove's help.

I am targeting 20 pips, but perhaps the 0 fib is another potential target?
  • #2,667
  • Edited 10:39pm Feb 23, 2016 10:22pm | Edited 10:39pm
Quoting JMaurice
{quote} Yes things have become more clear recently with Dove's help. I am targeting 20 pips, but perhaps the 0 fib is another potential target?
If you open your position right at the beginning of 23.00 EST H2 candle, the 20 pips is very realistic target as the market approach the 0 fib. Sadly, my first order at 19.00 EST get hit without i notice, because i move the SL to BEP.
Now, with this new H2 candle, i enter short again but a little bit too late, maybe the pips could not be as much as my first order @123.35

23.38 EST Update : Fibo 0 has been hit, so everyone who set 20 pips will have reach the TP.
  • #2,668
  • Feb 23, 2016 10:46pm Feb 23, 2016 10:46pm
I cut my EJ profit earlier.. i need to have more trust and less fear. Slowy im eliminating all the fear from the past.
  • #2,669
  • Feb 23, 2016 10:53pm Feb 23, 2016 10:53pm
Quoting dove_alliance
{quote} 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.
Mr. Dana, did You mean that You used different method which was trend trading in the past, but now You have created this Paradox system which is consolidation trading style ?
thank You
  • #2,670
  • Feb 23, 2016 10:55pm Feb 23, 2016 10:55pm
I am still short from 3rd hourly candle of the day, at 123.28 My stop loss is now at 123.27 and my take profit is at 122.88. I'm not moving either one at this point.
“The waiting is the hardest part” Tom Petty
  • #2,671
  • Feb 23, 2016 11:45pm Feb 23, 2016 11:45pm
Quoting goldtime
{quote} Mr. Dana, did You mean that You used different method which was trend trading in the past, but now You have created this Paradox system which is consolidation trading style ? thank You
Years ago you only had to be long the carry trade on the dips, and then in July 2007 people dumped them, then in Oct 2008 the whole market dumped them and chaos happened!!! GBPJPY dropped 10k pips in 3 months lol
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #2,672
  • Feb 23, 2016 11:46pm Feb 23, 2016 11:46pm
40 pips
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  • #2,673
  • Feb 23, 2016 11:52pm Feb 23, 2016 11:52pm
OK traders – it is time to learn the power of this system. What you have learned so far of the power is only a ripple in a pond of water.

If you look back on your 2 hour chart at the top of the Fibo with the price of 125.888; you will see the SAR attached itself to that candle at that price. That is where I had entered short for long term. On the picture below you will see the Aqua arrow pointing down at the price of 123.770. That is where I entered another short at the 23.6 Fibo line and set my TP on both the new and long term trend at the white arrow price at 123.057. From the top of the SAR attachment to the TP was an additional 71.3 pips. When the SAR broke away from the DB this morning and attached itself to that candle I already knew exactly where it was going to end and did so at the Red arrow pointing up; right back to bottom of the Fibo.

After this week we will move on with long term trading in using the DB and SAR. And then you will begin to understand how I know what I know on the entries.

By the way – this doesn’t mean the short is finished because I had exit my trade.
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The Dove - Forex Trainer
  • #2,674
  • Edited 2:11am Feb 24, 2016 12:05am | Edited 2:11am
i got confused what does DB stand for ?

thank You
  • #2,675
  • Feb 24, 2016 12:09am Feb 24, 2016 12:09am
Wow! Now that is a great surprise feature. A way to lock in 40 pip trades all along the way, and grab longer term swing trades as well with little to no risk!
I can't wait to find out the details. I am going to take the TP of 40 pips off my current trade because if the market breaks past the the present low of 123.00, it may very well have a good run down and I am all ready at breakeven + 1 on my stop anyway.
“The waiting is the hardest part” Tom Petty
  • #2,676
  • Feb 24, 2016 12:12am Feb 24, 2016 12:12am
Quoting goldtime
i got confused what does DB stand for ?
DB = Dodger Blue, the line with Dodger Blue color
  • #2,677
  • Feb 24, 2016 12:15am Feb 24, 2016 12:15am
Quoting goldtime
i got confused what does DB stand for ? Mr. Dana could You explain more the meaning of : When the SAR broke away from the DB this morning and attached itself to that candle thank You
Remember GoldTime something that i told you in Private. Just Focus in Paradox System and all the Knowledge is going to be in ur Mind. Study and Focus only in this system and you are going to understand alll the variables of this Powerful System. Take Care!

Read, Study and Practice all Dove_Alliance Posts.
  • #2,678
  • Feb 24, 2016 12:51am Feb 24, 2016 12:51am
Quoting dove_alliance
OK traders it is time to learn the power of this system. What you have learned so far of the power is only a ripple in a pond of water. If you look back on your 2 hour chart at the top of the Fibo with the price of 125.888; you will see the SAR attached itself to that candle at that price. That is where I had entered short for long term. On the picture below you will see the Aqua arrow pointing down at the price of 123.770. That is where I entered another short at the 23.6 Fibo line and set my TP on both the new and long term trend at the white...
Master, All of yours trades are placed ALWAYS in the begining of a H2 candle right? I sometimes make my entry in different time... but i want to trade like you. Its more comfortable.
  • #2,679
  • Feb 24, 2016 1:04am Feb 24, 2016 1:04am
Quoting mav3n
{quote} DB = Dodger Blue, the line with Dodger Blue color
thanks a lot Friend, i can save my time by not looking the meaning.

thanks Shiny i hope that's what Mr. Dana meant.

yes Contrax, i have been focusing and learning Paradox, and i even had a dream trading using Paradox.
  • #2,680
  • Feb 24, 2016 1:21am Feb 24, 2016 1:21am
EURJPY retrace right now, what your trading plan in the moment ? Short if ... ? Long if ...?
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