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The Paradox System

  • #3,321
  • Feb 29, 2016 10:11am Feb 29, 2016 10:11am
Quoting dove_alliance
Open with a gap down and the Red Arrow had popped in; waiting on retrace in the gap to Smooth with ROMAR/Red Arrow down; and entry for the short at Smooth. {image} DB/SAR attached for the down with the 1 hour at ROMAR; the lower BB turning for the down. The 2 hour has the power with ROMAR down and the DB/SAR in the trend. {image} {image} 40 taken and my day is over with unto tomorrow AFTER 17:00 EST. {image} Same scenario as for the previous uptrend except for ROMAR was in the downtrend also and over 100 pips away for any hit on ROMAR. This is just...
This Trade can be used for a Swing Trade (long term trade) and target was the opposite fib?
  • #3,322
  • Feb 29, 2016 10:11am Feb 29, 2016 10:11am
Just like the opening on the Daily above Smooth. Everyone thinks because it is above Smooth/Purple the market is going to continue up. But that is not what Smooth said. Smooth was still Resistance and the market was going down. And as you can see - it did go down.
The Dove - Forex Trainer
  • #3,323
  • Feb 29, 2016 10:13am Feb 29, 2016 10:13am
Quoting sigill
This is in no way meant to compete with TradeALot's doc summaries. I just like organizing things for myself. This is an e-book covering up to Dove's epilogue on page 82. Includes a TOC and PDF outline. I mangled some chronology to organize by topic, edited *minimally* for grammar, and anonymized most traders. Sorry if that bothers some people... was only thinking of myself If you find bad errors pls let me know. {image}
Very good job! Thank you for sharing it with us!
  • #3,324
  • Feb 29, 2016 10:16am Feb 29, 2016 10:16am
Quoting dove_alliance
Just like the opening on the Daily above Smooth. Everyone thinks because it is above Smooth/Purple the market is going to continue up. But that is not what Smooth said. Smooth was still Resistance and the market was going down. And as you can see - it did go down.
Yeah i am witnessing this since the opening of the daily candle, until this time, and the market really going down like you said.
It is 23.15 pm in my country, see you tomorrow guys! Thanks so much Dana! God bless!
  • #3,325
  • Feb 29, 2016 10:17am Feb 29, 2016 10:17am
Quoting mav3n
{quote} Thanks Dana for the clarification. I have a question Master! The H2 Fibo still Red, does it mean that it is still not oversold yet? I am sorry, in my understanding, Fibo Green means that it is oversold, and the market right now have come down so far without the fibo turning green. I am still confused, do i miss something? Is it because the market have not reached the 100% H2 Fibo yet? Thanks Master
That is right - the 100% has not been hit. And once it gets below the last low of 122.443 then it will change.
The Dove - Forex Trainer
  • #3,326
  • Feb 29, 2016 10:27am Feb 29, 2016 10:27am
Now comes the hard part for me. Even when the fibo flips on the H2, there is no telling how far the trend will continue down. Could be hours or could be days.
  • #3,327
  • Feb 29, 2016 10:30am Feb 29, 2016 10:30am
Quoting birpinar
Mr Dove, The accounts of the guys who are sharing stg useful were always suspended in blogs. That's reality. Mr Dove's system works perfectly and his account is in danger, I am sure. I witnessed that 2 times before. I suggest everdybody to make a copy of Mr Dove's posts,explaining how his system works. Mr Dove, I'll be happy if u respond: 1. Is there a possibility that your system will not work one day because many many traders use it? 2. is there a possiblity that Mt4 kills your system remotely because it is working perfectly and Banks hate it?...
ONLY if you are with a broker that compromises its platforms will that happen. I have been using this system with the MT4 over three years and never been compromised because I use the right broker. it has been through several updates and still the same; no changes.
The Dove - Forex Trainer
  • #3,328
  • Feb 29, 2016 10:33am Feb 29, 2016 10:33am
Quoting rcbarlow
Just closed my SAR trade for 160 pips. Looking forward to learning more about how to trade this way. Thank you Dana for your unselfish giving of this system and the teaching process.
No problem RC - I guess you found your "nitch".
The Dove - Forex Trainer
  • #3,329
  • Feb 29, 2016 10:35am Feb 29, 2016 10:35am
Quoting rcbarlow
Now comes the hard part for me. Even when the fibo flips on the H2, there is no telling how far the trend will continue down. Could be hours or could be days.
You are looking at 200 pips a week. And trading long term will give that up for you. So - it is not hard at all. Just be patient.
The Dove - Forex Trainer
  • #3,330
  • Feb 29, 2016 10:40am Feb 29, 2016 10:40am
Quoting sigill
This is in no way meant to compete with TradeALot's doc summaries. I just like organizing things for myself. This is an e-book covering up to Dove's epilogue on page 82. Includes a TOC and PDF outline. I mangled some chronology to organize by topic, edited *minimally* for grammar, and anonymized most traders. Sorry if that bothers some people... was only thinking of myself If you find bad errors pls let me know. {image}

Thanks a lot

Look promising... like a real book...will read it all...
  • #3,331
  • Feb 29, 2016 10:59am Feb 29, 2016 10:59am
Quoting dove_alliance
{quote} No problem RC - I guess you found your "nitch".
I am happy and very comfortable with both of the trading methods with your system. I just need more info on the SAR system as it comes up.
  • #3,332
  • Feb 29, 2016 10:59am Feb 29, 2016 10:59am
Quoting dove_alliance
{quote} That is true - BUT - where is the power as being the objective? The 2 hour always over-rides the 1 hour. When you are in a constricted consolidation you always look for the 2 hour going into the entry. And my friend --- the 2 hour had the power With ROMAR and the Red Arrow showing the entry.
hellow dove first of all thank you for the system you have shared i dont write much on forum but am learning it silently this romar on 2hr was what made me short ej i wanted to post the chart yesterday for my plan of today but i chickened out i wanted to see if you would have done the same and i can see your direction was the same as mine i recognized the parabolic too was on the same direction as what i was intended to do.i wont talk about the sar and parabolic i will wait for you to see if that was what i interpreted as you had taught but i will just say sar was at bottom but parabolic opposite to sar but at this level am still new to sar.at the moment i dont know why when i try uploading my charts here am being taken to newc calender
  • #3,333
  • Feb 29, 2016 11:10am Feb 29, 2016 11:10am
Quoting dove_alliance
I can see some traders are beginning to see the whole picture. At first it seem complicated and complex. But once the understanding sets in it then becomes part of your spirit and the complexity begins to vanish; and becomes very simple. But don't let the simplicity fool you. Just always remember the rules are set in stone and can burn you if you break them.
I must thank you for your unselfish act.

This system is amazing. With all the trades and back testing, it just does not fail. As long as you follow the easy rules.

I have gone through my notes 3 times, even high lighting some. (Not the last time. Everytime I realize something else I go back to the notes...... and its there.)

My light bulp is starting to flicker, .

Made my first 20/40 trade today. Hindsight, it was more than good for 40/40, but greed should not take over.

Regards
  • #3,334
  • Feb 29, 2016 11:17am Feb 29, 2016 11:17am
Quoting fxrambo
{quote} hellow dove first of all thank you for the system you have shared i dont write much on forum but am learning it silently this romar on 2hr was what made me short ej i wanted to post the chart yesterday for my plan of today but i chickened out i wanted to see if you would have done the same and i can see your direction was the same as mine i recognized the parabolic too was on the same direction as what i was intended to do.i wont talk about the sar and parabolic i will wait for you to see if that was what i interpreted as you had taught...
You have to upload the chart from your computer and then attach it to the the new reply.

Edit: you first need a screen shot of the chart and then upload it.
The Dove - Forex Trainer
  • #3,335
  • Feb 29, 2016 11:35am Feb 29, 2016 11:35am
A question for Dove. Is the 1H SAR and DB still to be deleted. I'm sorry to question you but you did give us an instruction to remove from the 1H chart. I see you are still using the SAR and DB on the 1H (or not deleted them yourself)?
  • #3,336
  • Feb 29, 2016 11:42am Feb 29, 2016 11:42am
To keep it simple use this template with the DB/SAR on the 2 hour chart.

Daily Cart:
ROMAR – Resistance or Support
SMOOTH – Resistance or Support
EMA – Resistance or Support

NOTES:



2H chart:
Price opened at -
ROMAR – Resistance or Support
SMOOTH – Resistance or Support
EMA – Resistance or Support

DB – up or down at what price
SAR – up or down at what price

NOTES:


1H chart:
ROMAR – Resistance or Support
SMOOTH – Resistance or Support
EMA – Resistance or Support

NOTES:



Projected Entry:
The Dove - Forex Trainer
  • #3,337
  • Feb 29, 2016 11:47am Feb 29, 2016 11:47am
Quoting nigpig
A question for Dove. Is the 1H SAR and DB still to be deleted. I'm sorry to question you but you did give us an instruction to remove from the 1H chart. I see you are still using the SAR and DB on the 1H (or not deleted them yourself)?
Here is my 1 hour and do you see DB or SAR on it? That answers your question. And I have no idea how far back that chart you are seeing.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH1_02-29.png Size: 54 KB
The Dove - Forex Trainer
  • #3,338
  • Edited 12:43pm Feb 29, 2016 12:22pm | Edited 12:43pm
Quoting dove_alliance
{quote} Here is my 1 hour and do you see DB or SAR on it? That answers your question. And I have no idea how far back that chart you are seeing. {image}
I appologise as I'm mistook a 2H for 1H chart. I do now know without doubt. Thank you.
  • #3,339
  • Feb 29, 2016 12:22pm Feb 29, 2016 12:22pm
This was a pretty strong trend going down without any major retraces. So far 983 pips from top to bottom with the same amount going up from bottom to top. Now you can see why I trade the E/J - there is always 40 pips daily somewhere in between high and low.
The Dove - Forex Trainer
  • #3,340
  • Feb 29, 2016 12:25pm Feb 29, 2016 12:25pm
Quoting nonibadsha
If my understanding is correct in light of the teaching of DB/SAR over the week end, then I think we have a long term short entry for approx 150 to 160 pips depending on the open of the next 2H candle: {image} What do you think Dove?
I took this DB/SAR trade short. Set my TP at 170 pips and took it.
Thanks Dove!!
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