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The Paradox System

  • #4,361
  • Mar 8, 2016 8:27am Mar 8, 2016 8:27am
Quoting dove_alliance
Well Traders - we are in a very tight consolidation with the 2 hour EMA resistance and ROMAR support. But - the most important factor is the Daily: The Daily has the DB/SAR attached for a trend going up. The Parabolic had flipped and will lock in on the next Daily bouncing off support. So, because of the tight consolidation I would not be looking for any trade until it breaks out going north with the 2 hour Parabolic flip. That is the way I see it.
Cheers Boss, glad to see I was right to leave EJ alone
  • #4,362
  • Mar 8, 2016 8:30am Mar 8, 2016 8:30am
Quoting iuforex
{quote} I'm in a wait and see. I'd only go long if the things I listed happen...in the moment.
Yes, right now im in holding mode too. And after this candle, im start to looking for a buy. But stilll waiting like Dana said: Until broke the defense.
  • #4,363
  • Mar 8, 2016 8:33am Mar 8, 2016 8:33am
Quoting dove_alliance
Well Traders - we are in a very tight consolidation with the 2 hour EMA resistance and ROMAR support. But - the most important factor is the Daily: The Daily has the DB/SAR attached for a trend going up. The Parabolic had flipped and will lock in on the next Daily bouncing off support. So, because of the tight consolidation I would not be looking for any trade until it breaks out going north with the 2 hour Parabolic flip. That is the way I see it.
Glad to read that! I thought I was really missing something by looking and maybe expecting a long opportunity. But as always...we'll see
~ Tim
  • #4,364
  • Mar 8, 2016 8:35am Mar 8, 2016 8:35am
Quoting Contrax
Ohhhhh i didnt see that we have Gold Divergence in H2
Hi Contrax,

I don't have gold divergence in H2, could you post your H2 chart.

And are there anyone have gold divergence in H2 ?
  • #4,365
  • Mar 8, 2016 8:36am Mar 8, 2016 8:36am
Ok, I'm also out of the market.
  • #4,366
  • Mar 8, 2016 8:39am Mar 8, 2016 8:39am
I have noticed some of you traders are totally disregarding support and resistance. And this from old school thinking. I suggest learning in giving total respect for support and resistance with the Paradox. This is not old school trading but completely regulated with power for both support and resistance.
The Dove - Forex Trainer
  • #4,367
  • Mar 8, 2016 8:46am Mar 8, 2016 8:46am
Quoting Repoman
{quote} Glad to read that! I thought I was really missing something by looking and maybe expecting a long opportunity. But as always...we'll see
Sorry Repo.. I guess that was my fault.
I'm starting to think I should keep my mouth shut.
I'm possibly disrupting the class with my lack of knowledge.
But I promise, I am trying to learn.
  • #4,368
  • Mar 8, 2016 8:54am Mar 8, 2016 8:54am
For those who are trading the 1 hour. My suggestion is to get away from the 1 hour but use it only for reference with the 2 hour.
The Dove - Forex Trainer
  • #4,369
  • Mar 8, 2016 9:05am Mar 8, 2016 9:05am
The Paradox was built totally around the 2 hour chart. The 1 hour is there for confluence with the 2 hour as to recognize sync on trends and/or breaks out with the 2 hour. keep trading the 1 hour and it will burn you again and again. Support and Resistance is with the 2 hour chart and not with the 1 hour.
The Dove - Forex Trainer
  • #4,370
  • Mar 8, 2016 9:12am Mar 8, 2016 9:12am
Like I have said in the beginning. If it was not for the 1 hour being needed to create the offline 2 hour chart; then the 1 hour would not have ever been with the system. But since it was needed it is there for reference only.
The Dove - Forex Trainer
  • #4,371
  • Mar 8, 2016 9:17am Mar 8, 2016 9:17am
Dana glad to see You,

May I ask You: is there any pattern that arise more often then not as we approaching important events like EUR rate decision that we will have in Thursday?
I mean for example is it more often then not to price reach Daily ROMAR and hang around with large oscilation for test or broke scenario? Or constricted consolidation with tight skuise of Daily Purple/White/Smooth and small oscilation of price ...or any other pattern?I know that there is no rule but ....
  • #4,372
  • Mar 8, 2016 9:20am Mar 8, 2016 9:20am
Quoting snfx
Dana glad to see You, May I ask You: is there any pattern that arise more often then not as we approaching important events like EUR rate decision that we will have in Thursday? I mean for example is it more often then not to price reach Daily ROMAR and hang around for test or broke scenario? Or constricted consolidation with tight skuise of Daily Purple/White/Smooth ...or any other pattern?I know that there is no rule but ....
The only thing I can say with your question: Do not be in the market trading at that time.
The Dove - Forex Trainer
  • #4,373
  • Mar 8, 2016 9:24am Mar 8, 2016 9:24am
truth and advice are always simple one. Tnx.
  • #4,374
  • Mar 8, 2016 9:30am Mar 8, 2016 9:30am
Now that the current 2H candle has moved and produced my planned 20 pips.. I can't help but go back and try to find the fault in my plan.
To me, my charts were telling me to go short for 20.. I am fully aware of the consolidation. I was trying to trade in the moment and the moment was telling me, go short.
Would this have been my extreme luck again, Dove?

Please put me at ease Dove.. Your comments would be most appreciated.

May charts attached for reference:

1H

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 100 KB


2H

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 116 KB
  • #4,375
  • Mar 8, 2016 9:39am Mar 8, 2016 9:39am
Quoting nonibadsha
Now that the current 2H candle has moved and produced my planned 20 pips.. I can't help but go back and try to find the fault in my plan. To me, my charts were telling me to go short for 20.. I am fully aware of the consolidation. I was trying to trade in the moment and the moment was telling me, go short. Would this have been my extreme luck again, Dove? Please put me at ease Dove.. Your comments would be most appreciated. May charts attached for reference: 1H {image} 2H {image}
Your plan was for entry off the 2 hour EMA Resistance back to ROMAR support with the 1 hour reference. There was nothing wrong with your trading plan. So, congratulations on a good trade.
The Dove - Forex Trainer
  • #4,376
  • Mar 8, 2016 9:39am Mar 8, 2016 9:39am
Quoting nonibadsha
Now that the current 2H candle has moved and produced my planned 20 pips.. I can't help but go back and try to find the fault in my plan. To me, my charts were telling me to go short for 20.. I am fully aware of the consolidation. I was trying to trade in the moment and the moment was telling me, go short. Would this have been my extreme luck again, Dove? Please put me at ease Dove.. Your comments would be most appreciated. May charts attached for reference: 1H {image} 2H {image}
Hi, it seem that you have 39 bar in your chart ? I don't have gold divergence in H2 chart
  • #4,377
  • Mar 8, 2016 9:51am Mar 8, 2016 9:51am
Quoting dove_alliance
{quote} Your plan was for entry off the 2 hour EMA Resistance back to ROMAR support with the 1 hour reference. There was nothing wrong with your trading plan. So, congratulations on a good trade.
I seen his trading plan earlier and he asked: "What do you think guys?" I wasn't going to answer him because I was not going to give him the go ahead on the trade. I wanted to find out if he would follow through with the trade and stick with his plan. In which he did. This goes to show if you stay with your plan - it will follow through.
The Dove - Forex Trainer
  • #4,378
  • Mar 8, 2016 9:53am Mar 8, 2016 9:53am
Quoting dove_alliance
{quote} I seen his trading plan earlier and he asked: "What do you think guys?" I wasn't going to answer him because I was not going to give him the go ahead on the trade. I wanted to find out if he would follow through with the trade and stick with his plan. In which he did. This goes to show if you stay with your plan - it will follow through.
Oh yea - I forgot to mention - one trader did reply to his question and was against his plan. I was impress with him following through with his plan.
The Dove - Forex Trainer
  • #4,379
  • Mar 8, 2016 10:04am Mar 8, 2016 10:04am
this one is for all the trolls

I've been lingering in the background, learning, watching, reading, re-reading this system for many weeks. I somewhat felt drawn to it, as if it was the perfect system that with patience could potentially change my life.

Being a newbie, I just remained in the background, studying and studying. At first, the system made 0 sense. Now I feel I have a good grasp of most aspects. I'm still learning in fact.

Today was the day I decided to place my first trades, just as Dana instructed, 20/40. That was the instruction for us newbies. I placed 2 different trades at different times that were on the basis of the rules set out by the paradox.

Both trades were success. 40 pips banked. I walked away. The rules remember?

So back to the trolls. If it doesn't make sense to you, keep trying? Keep learning. You gave up too easily and then began insulting the system to make yourself feel better. But in doing so, you potentially ruined the morale of others here, especially the newbies.

Anyway, to end the rant, a big thank you to you Dove, May God bless you a thousand times over.
  • #4,380
  • Mar 8, 2016 10:07am Mar 8, 2016 10:07am
Quoting bgntrs
this one is for all the trolls I've been lingering in the background, learning, watching, reading, re-reading this system for many weeks. I somewhat felt drawn to it, as if it was the perfect system that with patience could potentially change my life. Being a newbie, I just remained in the background, studying and studying. At first, the system made 0 sense. Now I feel I have a good grasp of most aspects. I'm still learning in fact. Today was the day I decided to place my first trades, just as Dana instructed, 20/40. That was the instruction for...
Well done my friend, and a good winning attitude.
Nobody can be told what The Matrix is. You'll have to see it yourself.
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