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The Paradox System

  • #4,761
  • Mar 10, 2016 10:14am Mar 10, 2016 10:14am
Dana, We r now at 2H BB upperband. what rwe supposed to think according to your post?
We should expect a pullback to at laeast to EMA. Right?

Last but not least - The Bollinger Bands:

The Bollinger Bands are also a deadly weapon during consolidation; it will do one of two things when the market hits the bands. It will either retrace back to EMA or retrace back to the opposite band; this happens when the bands are flat which places the market in consolidation. If you do get a hit on one of the bands during consolidation then get in and take profit at least to EMA

In a downtrend is a different story. Once the band is hit retrace are generally to Purple, White, or Smooth. When it gets ready to turn then the market will hit EMA and go into consolidation.

On an uptrend retraces off the band are generally to EMA for profit.
There are no weapons that will form against my financial prosperity.
  • #4,762
  • Mar 10, 2016 10:15am Mar 10, 2016 10:15am
Quoting dove_alliance
{quote} The interest rate that impacts for any currency is for corporation loans and not private loans.
And at 0% the banks makes nothing.
The Dove - Forex Trainer
  • #4,763
  • Mar 10, 2016 10:17am Mar 10, 2016 10:17am
Quoting birpinar
Dana, We r now at 2H BB upperband. what rwe supposed to think according to your post? We should expect a pullback to at laeast to EMA. Right? Last but not least - The Bollinger Bands: The Bollinger Bands are also a deadly weapon during consolidation; it will do one of two things when the market hits the bands. It will either retrace back to EMA or retrace back to the opposite band; this happens when the bands are flat which places the market in consolidation. If you do get a hit on one of the bands during consolidation then get in and take profit...
Study the post and do what you believe is right. This is your decision and not mine.
The Dove - Forex Trainer
  • #4,764
  • Mar 10, 2016 10:23am Mar 10, 2016 10:23am
Quoting dove_alliance
{quote} Study the post and do what you believe is right. This is your decision and not mine.
I am not trading this. Because bands r not flat.
There are no weapons that will form against my financial prosperity.
  • #4,765
  • Mar 10, 2016 10:28am Mar 10, 2016 10:28am
Quoting birpinar
{quote} I am not trading this. Because bands r not flat.
See what happens when you study - You can make the right call.
The Dove - Forex Trainer
  • #4,766
  • Mar 10, 2016 10:29am Mar 10, 2016 10:29am
Quoting dove_alliance
{quote} See what happens when you study - You can make the right call.
I accept that sometimes i want some shortcuts. but most of the time, i study and try to learn. Thank u very much for your help.
There are no weapons that will form against my financial prosperity.
  • #4,767
  • Mar 10, 2016 10:31am Mar 10, 2016 10:31am
The 2 hour trend is up traders and so is the Daily.
The Dove - Forex Trainer
  • #4,768
  • Mar 10, 2016 10:34am Mar 10, 2016 10:34am
Quoting dove_alliance
The 2 hour trend is up traders and so is the Daily.
Master i have 2 questions...

After the Important News that has been release, is better to wait until next day for trading? I mean there can be a lot of volatility yet.

And

We have D1 Divergence H2 Divergence, with Fib Flip in H2 Red. H1 Was Red since before.
  • #4,769
  • Mar 10, 2016 10:35am Mar 10, 2016 10:35am
After a big move such as this one in trend you have a consolidation so the balance is return. You need balance in order to trade and right now it is imbalanced.
The Dove - Forex Trainer
  • #4,770
  • Mar 10, 2016 11:30am Mar 10, 2016 11:30am
My old style thinking would be worried that I'm missing out on a move in the market. Thankfully this does not apply with the Paradox. A demo account is a great help as it takes a lot of pressure away to make an income. But I have learned how to be more patient in the last six weeks. Above all others this is my greatest failing with the Paradox rules. I have come to know what it is and am challenging it daily. What a battle!
Thank you Dana for your rules list in an earlier post it was very useful.
  • #4,771
  • Mar 10, 2016 11:30am Mar 10, 2016 11:30am
To give you traders some insight:

This hit upstairs was against the release numbers. And many of the releases are like that - against the numbers. So the question is: Why is that? The answer is with the 2 hour and the Daily charts. When you have both charts in sink with the Red and/or Lime Green Arrows; the release will go with the Trend Arrows and end the release with the Arrows. That is the reason why.
The Dove - Forex Trainer
  • #4,772
  • Mar 10, 2016 11:40am Mar 10, 2016 11:40am
I have mention it before with the Arrows; and still - no postings with the Arrows. You have to trade with the variables or get into a bad trade.
The Dove - Forex Trainer
  • #4,773
  • Mar 10, 2016 11:46am Mar 10, 2016 11:46am
Quoting dove_alliance
{quote} And at 0% the banks makes nothing.
  • #4,774
  • Mar 10, 2016 11:51am Mar 10, 2016 11:51am
Quoting dove_alliance
I have mention it before with the Arrows; and still - no postings with the Arrows. You have to trade with the variables or get into a bad trade.
This is precisely why you trade in the moment; checking the variables on the 2 hour bar for the right opportunity.
The Dove - Forex Trainer
  • #4,775
  • Mar 10, 2016 11:51am Mar 10, 2016 11:51am
I am sorry if bothering but I am not sure that I understand what is being said about arrows on H2 and Daily. Last arrow on H2 was green UP and last arrow on Daily was also green UP. So if I understand You correctly first down move was against numbers but because of H2/Daily arrows it end up in UP move. Or something like that?
  • #4,776
  • Mar 10, 2016 12:01pm Mar 10, 2016 12:01pm
Quoting shinny
Well that is it for me until Tuesday. I am going to Barcelona tomorrow morning for the weekend for a bachelor party. Got my 200+ for the week, in what has been a great learning week. Something new everyday. I will be back in the thread later for a read through, but have a great weekend and God Bless you all.
A bachelor party - hey? I guess that is the way to go out with someone's freedom. Once you are married your freedom is only a word with no meaning. Your freedom now belongs to your new spouse.

Congratulations on a very, very good and successful trading week. Shinny examples is what everyone can do; provided you study just as he done. Make no mistake -Shinny new nothing of the Paradox until he began his journey in learning how to trade the Paradox.
The Dove - Forex Trainer
  • #4,777
  • Mar 10, 2016 12:06pm Mar 10, 2016 12:06pm
Quoting dove_alliance
{quote} A bachelor party - hey? I guess that is the way to go out with someone's freedom. Once you are married your freedom is only a word with no meaning. Your freedom now belongs to your new spouse. Congratulations on a very, very good and successful trading week. Shinny examples is what everyone can do; provided you study just as he done. Make no mistake -Shinny new nothing of the Paradox until he began his journey in learning how to trade the Paradox.
"Your freedom now belongs to your new spouse."

I want to give my freedom to my future wife and kids too.
  • #4,778
  • Mar 10, 2016 12:07pm Mar 10, 2016 12:07pm
Quoting dove_alliance
{quote} A bachelor party - hey? I guess that is the way to go out with someone's freedom. Once you are married your freedom is only a word with no meaning. Your freedom now belongs to your new spouse. Congratulations on a very, very good and successful trading week. Shinny examples is what everyone can do; provided you study just as he done. Make no mistake -Shinny new nothing of the Paradox until he began his journey in learning how to trade the Paradox.
I'm sure Shinny would agree with me...
The Paradox would be a complete mystery to us, if it was not for your teachings and guidance.
Thank you !!
  • #4,779
  • Mar 10, 2016 12:09pm Mar 10, 2016 12:09pm
Quoting snfx
I am sorry if bothering but I am not sure that I understand what is being said about arrows on H2 and Daily. Last arrow on H2 was green UP and last arrow on Daily was also green UP. So if I understand You correctly first down move was against numbers but because of H2/Daily arrows it end up in UP move. Or something like that?
The market was WITH THE NUMBERS roughly 75 pips at take off; and ended the news release against the numbers more than 300 pips with the Green Arrows.
The Dove - Forex Trainer
  • #4,780
  • Mar 10, 2016 12:09pm Mar 10, 2016 12:09pm
Quoting dove_alliance
To give you traders some insight: This hit upstairs was against the release numbers. And many of the releases are like that - against the numbers. So the question is: Why is that? The answer is with the 2 hour and the Daily charts. When you have both charts in sink with the Red and/or Lime Green Arrows; the release will go with the Trend Arrows and end the release with the Arrows. That is the reason why.
Dove, is there an arrow on the 2H chart below the hit upstairs? I only see a green arrow 3 candles before the hit on the 2H. On the 1H it's the candle just before. What I udnerstand is, when we are experimented enough, which I am absolutely not at the moment, we can place orders before high impact releases based on the arrows?
No tree, it is said, can grow to heaven unless its roots reach down to hell
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