The Paradox System | Page 144 | 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

  • #2,861
  • Feb 24, 2016 10:24pm Feb 24, 2016 10:24pm
Quoting mav3n
{quote} I understand! thank you Master!
Never go searching for another trade after you had made your profit. For one thing you no longer have a trading plan and secondly; you need time to recoup from a trade - either a winner or a loser. Your emotions are too stressful to trade again until the next day. Always remember that.
The Dove - Forex Trainer
  • #2,862
  • Feb 24, 2016 10:25pm Feb 24, 2016 10:25pm
Quoting JeeJay
{quote} I read upto 18 pages so far.
You should Read all the Thread Minium Twice before u ask questions... Most of ur questions that u are going to have are in there with Answer, Pictures and Examples my friend. Read all the Thread and tomorrow start with ur Daily Plan.
  • #2,863
  • Feb 24, 2016 10:26pm Feb 24, 2016 10:26pm
Quoting mav3n
{quote} Hi Jeejay, please check your template setup again! because it will be impossible for H2 to be correct without H1 being correct. It is because H2 data is derived from H1 data, so H1 must be correct at the first time.
Hi Mav3n, What you said was true. Yet I didn't change any setup in 1H. What are the errors you can see in my 1H chart please?
GJ
  • #2,864
  • Feb 24, 2016 10:28pm Feb 24, 2016 10:28pm
Quoting dove_alliance
{quote} Never go searching for another trade after you had made your profit. For one thing you no longer have a trading plan and secondly; you need time to recoup from a trade - either a winner or a loser. Your emotions are too stressful to trade again until the next day. Always remember that.
Im going to print that and tape in to my monitor.

One question Master:

If you have a Win, obviously ur daily goal is completed and you wait for new Day.

But... If u have a loss, we do the same thing? I mean we only place one trade per day? Win or Loss.. we dont trade until next day?
  • #2,865
  • Feb 24, 2016 10:30pm Feb 24, 2016 10:30pm
Quoting Contrax
{quote} You should Read all the Thread Minium Twice before u ask questions... Most of ur questions that u are going to have are in there with Answer, Pictures and Examples my friend. Read all the Thread and tomorrow start with ur Daily Plan.
Thank you and I will.
  • #2,866
  • Feb 24, 2016 10:33pm Feb 24, 2016 10:33pm
Quoting Contrax
{quote} Im going to print that and tape in to my monitor. One question Master: If you have a Win, obviously ur daily goal is completed and you wait for new Day. But... If u have a loss, we do the same thing? I mean we only place one trade per day? Win or Loss.. we dont trade until next day?
That is correct - win or lose; that is especially true if you lose. The emotions from trading alone places you in a critical state of focus, and logic. And it does take a day to recoup both focus and logic so you are in the right frame of mind to trade again.
The Dove - Forex Trainer
  • #2,867
  • Feb 24, 2016 10:33pm Feb 24, 2016 10:33pm
Quoting rcbarlow
So much for the SAR being set in stone if the DB does not attach on the next bar. The DB attached 2 bars later on the 2hr EJ.
My friend I think the reason was because on the candle that SAR appeared we were already in consolidation since previous bar where Purple crossed White. Mr. Dana mentioned SAR being set in stone on trends (under certain conditions) not consolidations.
  • #2,868
  • Feb 24, 2016 10:39pm Feb 24, 2016 10:39pm
I just got my 39pips - Thank you Dove
  • #2,869
  • Feb 24, 2016 10:55pm Feb 24, 2016 10:55pm
Master Dana, for the preparation of next week lesson, should we set the H1 to 40 bars too?
Another question : why the fibo could change color when we zoom in or zoom out?

Thanks a lot
  • #2,870
  • Feb 24, 2016 10:56pm Feb 24, 2016 10:56pm
Quoting ciscok9
{quote} My friend I think the reason was because on the candle that SAR appeared we were already in consolidation since previous bar where Purple crossed White. Mr. Dana mentioned SAR being set in stone on trends (under certain conditions) not consolidations.
out of our stressful confusion will birth clarity and light.
  • #2,871
  • Feb 24, 2016 11:02pm Feb 24, 2016 11:02pm
Dont know do You read what is written just few pages ago, yes all charts must be 40 bars.
Fibo: it is obvious, fibo is automatically painted on visible highs and lows, if you zoom in/out you change visible highs and lows so fibo repaints/reattach, same go with time old highs or lows disappear and/or new are made...
  • #2,872
  • Feb 24, 2016 11:04pm Feb 24, 2016 11:04pm
Quoting goldtime
{quote} out of our stressful confusion will birth clarity and light.
Amen
  • #2,873
  • Feb 24, 2016 11:04pm Feb 24, 2016 11:04pm
Would you mind sharing your location of entry and why? Was it also at H1 white plus Purple cross EMA? Thank you -

Quoting Sielik
I just got my 39pips - Thank you Dove
  • #2,874
  • Feb 24, 2016 11:12pm Feb 24, 2016 11:12pm
Quoting dove_alliance
{quote} That is correct - win or lose; that is especially true if you lose. The emotions from trading alone places you in a critical state of focus, and logic. And it does take a day to recoup both focus and logic so you are in the right frame of mind to trade again.
Master sorry for ask this question again... I need to control my emotions and my mind... I need to Clear everything from the past that make me do errors. Sometimes i got blinded and start doing bad things in my trading....

Sorry if i bother you Master asking this again... You ALWAYS place ur order a new H2 Candle right? not at touch, not anything..... You follow ur Daily Plan and always wait for 2H Candle Close for enter right? Please answer me that.... i need to print with ur words and put in all my monitors for remember ur words. Thank you.
  • #2,875
  • Feb 24, 2016 11:19pm Feb 24, 2016 11:19pm
Quoting JMaurice
Would you mind sharing your location of entry and why? Was it also at H1 white plus Purple cross EMA? Thank you - {quote}
no, I have entered later, I was waiting till EMA cross purple on 2H but I have noticed later that it wasn't ideal entry, I could enter one bar earlier when smooth cross the purple.....but anyhow I got my daily pips
  • #2,876
  • Feb 24, 2016 11:27pm Feb 24, 2016 11:27pm
Quoting Contrax
{quote} Master sorry for ask this question again... I need to control my emotions and my mind... I need to Clear everything from the past that make me do errors. Sometimes i got blinded and start doing bad things in my trading.... Sorry if i bother you Master asking this again... You ALWAYS place ur order a new H2 Candle right? not at touch, not anything..... You follow ur Daily Plan and always wait for 2H Candle Close for enter right? Please answer me that.... i need to print with ur words and put in all my monitors for remember ur words. Thank...
i asked the same question yesterday. his response is on http://www.forexfactory.com/showthre...96#post8770396
  • #2,877
  • Feb 24, 2016 11:32pm Feb 24, 2016 11:32pm
Dear Dana I just want to say thank you for everything you doing for us. The more I learn about your system, the more I like it. Thank you.

I would like to ask you one question regards today trading. I entered at 123.600 and I keep my position till 123.990. However I was wondering if I should close earlier, because on 1H chart the purple was crossing ROMAR. What would be your advice in such a situation, should I leave earlier?
  • #2,878
  • Feb 24, 2016 11:39pm Feb 24, 2016 11:39pm
Quoting velox
{quote} i asked the same question yesterday. his response is on http://www.forexfactory.com/showthre...96#post8770396
Yes, but " So most of your trades will be initiated at the end of 2 hour bar "

That Means Candle Close - Candle Open - > Place the Trade?

Because the setup can be in there 5 minutes before the H2 Candle Close, and in one minute the price can move a lot. Or what u think?
  • #2,879
  • Feb 24, 2016 11:43pm Feb 24, 2016 11:43pm
Quoting JeeJay
{quote} Thank you and I will.
JeeJay or anyone else new to the thread,

If you click on the little paper clip at the top right corner of the thread you will find 8 Parodox System summaries that were posted by TradeALot that cover first 2 weeks of the course. Everything is in them that Dove was teaching including pictures of charts, etc.

Attached Image (click to enlarge)
Click to Enlarge Name: Paradox system summary.JPG Size: 162 KB
  • #2,880
  • Feb 24, 2016 11:51pm Feb 24, 2016 11:51pm
Quoting Contrax
{quote} Yes, but " So most of your trades will be initiated at the end of 2 hour bar " That Means Candle Close - Candle Open - > Place the Trade? Because the setup can be in there 5 minutes before the H2 Candle Close, and in one minute the price can move a lot. Or what u think?
If the setup isn't there 5 minutes later when the new candle is opens... this is where you learn to look into the future.
11 traders viewing now