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The Paradox System

  • #4,781
  • Mar 10, 2016 12:16pm Mar 10, 2016 12:16pm
I know we're not really supposed to be trading right now but I got my 20 pips on the retrace candle following green divergence. I thought 20 pips was a doable target so went for it as I'm not going to be able to trade later as I'll be out.

Anyways, 40 pips done for the day.
  • #4,782
  • Mar 10, 2016 12:28pm Mar 10, 2016 12:28pm
Quoting Jaymantos
{quote} 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?
You have to pay attention to the postings and your charts. The Green Arrow came in on the 2 hour When the previous candle hit EMA. On the Daily - the Green Arrow came in on the Previous Day Candle. And you never trade during an announcement in which I have stated over and over again. Period. Trade according with the rules or get burnt severely.
The Dove - Forex Trainer
  • #4,783
  • Mar 10, 2016 12:34pm Mar 10, 2016 12:34pm
Quoting dove_alliance
{quote} You have to pay attention to the postings and your charts. The Green Arrow came in on the 2 hour When the previous candle hit EMA. On the Daily - the Green Arrow came in on the Previous Day Candle. And you never trade during an announcement in which I have stated over and over again. Period. Trade according with the rules or get burnt severely.
Dove, how do we know that the market has come back into balance or not?
  • #4,784
  • Mar 10, 2016 12:36pm Mar 10, 2016 12:36pm
Traders - I am a very successful trader because I do not break rules. The rules are there to protect you and become successful. And every time I see postings I see more greed with breaking rules then anything else. The time has come for you guys to learn because one day I will not be here.
The Dove - Forex Trainer
  • #4,785
  • Mar 10, 2016 12:37pm Mar 10, 2016 12:37pm
Quoting bgntrs
{quote} Dove, how do we know that the market has come back into balance or not?
When the indicators are back with the market.
The Dove - Forex Trainer
  • #4,786
  • Mar 10, 2016 12:38pm Mar 10, 2016 12:38pm
Quoting bgntrs
{quote} Dove, how do we know that the market has come back into balance or not?
4 horsemen will get close to the price to give support or to make a resistence I think. The instrument is not balanced because we can not find a place to step on. Purple, smooth, ema, white are far away from where the price is right now.
There are no weapons that will form against my financial prosperity.
  • #4,787
  • Mar 10, 2016 12:40pm Mar 10, 2016 12:40pm
Quoting dove_alliance
{quote} When the indicators are back with the market.
Thank you
  • #4,788
  • Mar 10, 2016 12:44pm Mar 10, 2016 12:44pm
Quoting dove_alliance
{quote} You have to pay attention to the postings and your charts. The Green Arrow came in on the 2 hour When the previous candle hit EMA. On the Daily - the Green Arrow came in on the Previous Day Candle. And you never trade during an announcement in which I have stated over and over again. Period. Trade according with the rules or get burnt severely.
Fine with me! I love the system, I believe we can win a lot with it if we trade according to the rules. I am still in the process of learning and I make mistakes every day in every trade. So that mean I learn a lot at the same time. And with time and effort they already become less influential on the outcome on a day to day basis. I can notice it. Until the day come when* the paradox will have tested me in a thousand ways possible, I will not go live.

Thank you Dove.
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #4,789
  • Mar 10, 2016 12:46pm Mar 10, 2016 12:46pm
Quoting birpinar
{quote} 4 horsemen will get close to the price to give support or to make a resistence I think. The instrument is not balanced because we can not find a place to step on. Purple, smooth, ema, white are far away from where the price is right now.
And that is correct. The market will continue sideways until support of the 2 hour Purple can reach a candle.
The Dove - Forex Trainer
  • #4,790
  • Mar 10, 2016 12:54pm Mar 10, 2016 12:54pm
Quoting dove_alliance
{quote} And that is correct. The market will continue sideways until support of the 2 hour Purple can reach a candle.
Happy to say something correct. Thank u.
There are no weapons that will form against my financial prosperity.
  • #4,791
  • Mar 10, 2016 1:11pm Mar 10, 2016 1:11pm
Quoting forexjayaonl
{quote} Hi Bigijs, any idea how to apply this wonderful system on other broker? otherwise all we have to move to forexdotcom? thanks friend.
You just open demo account there for charting.
But for actuall trading you can use any broker by your choice.
  • #4,792
  • Mar 10, 2016 1:30pm Mar 10, 2016 1:30pm
Dana, as long as u told before, this system is designed to work with all pairs,
does it mean it is certain that it will not work with DAX or sp500 or other instruments? and why? if u dont mind.
There are no weapons that will form against my financial prosperity.
  • #4,793
  • Mar 10, 2016 1:33pm Mar 10, 2016 1:33pm
Quoting birpinar
Dana, as long as u told before, this system is designed to work with all pairs, does it mean it is certain that it will not work with DAX or sp500 or other instruments? and why? if u dont mind.
Because DAX and the 500 are separate markets. The Paradox is program for the Forex only.
The Dove - Forex Trainer
  • #4,794
  • Mar 10, 2016 1:51pm Mar 10, 2016 1:51pm
Dana, if on the daily we have green divergence, does this behave the same on the 2H chart. I was seeing daily ROMAR as resistance but there might be a few hoops to jump through to get there?
  • #4,795
  • Mar 10, 2016 1:54pm Mar 10, 2016 1:54pm
On 1 hour, purple seems to give support to the price.
  • #4,796
  • Mar 10, 2016 2:07pm Mar 10, 2016 2:07pm
Quoting lightnight4
On 1 hour, purple seems to give support to the price.

Take a look at this. This market is sideways as Dana Told.

Quoting dove_alliance
{quote} And that is correct. The market will continue sideways until support of the 2 hour Purple can reach a candle.
There are no weapons that will form against my financial prosperity.
  • #4,797
  • Mar 10, 2016 2:11pm Mar 10, 2016 2:11pm
2H is what we r looking for. This is for sure. If u want to enter by looking at 1H. U will fail. U will enter the market only if 2H gives the right support or resistence. otherwise 1 H is meaningless. Thus, wait for 2H indicators get closer first before taking a trade.
This is what i understood.
There are no weapons that will form against my financial prosperity.
  • #4,798
  • Mar 10, 2016 2:27pm Mar 10, 2016 2:27pm
you do need to use the daily for resistance and support reference and trend.
  • #4,799
  • Mar 10, 2016 2:29pm Mar 10, 2016 2:29pm
Quoting birpinar
2H is what we r looking for. This is for sure. If u want to enter by looking at 1H. U will fail. U will enter the market only if 2H gives the right support or resistence. otherwise 1 H is meaningless. Thus, wait for 2H indicators get closer first before taking a trade. This is what i understood.
That is ok. The reasoning was the purple is a support... I wanted to see how strong it is.

I entered to see the difference.. 5 pip profit, I raised sl up to 5 pip profit, it fell back from 10 pip profit.
  • #4,800
  • Mar 10, 2016 2:49pm Mar 10, 2016 2:49pm
Quoting dove_alliance
....When the Divergence attached to the top/bottom of a candle the next candle is automatically retraced; either one candle or multiple candles; depending if the trend is still in. The screen shot below is an example of what I am speaking about. Notice the first arrow to the left showing an attachment to a candle and then retraced on the next candle.......


Now we have a divergence at the last daily bar. So we expect a retrace for tomorrow. The question is, will we do the trade right with the start of the next daily candle or will we do it after white purple cross at 2H.
There are no weapons that will form against my financial prosperity.
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