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The Paradox System

  • #4,801
  • Mar 10, 2016 2:53pm Mar 10, 2016 2:53pm
Quoting birpinar
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...
The next bar being a retracement is never 100%. So, you will need more confluence.
Life is too short to have anything but delusional notions about yourself.
  • #4,802
  • Mar 10, 2016 3:02pm Mar 10, 2016 3:02pm
Quoting hoss
{quote} The next bar being a retracement is never 100%. So, you will need more confluence.
if the thing i am seeing is the divergence line, u must be wrong. The retrace would be automatic. But this may not be the case mentioed at the quote above, or the retrace after daily divergence may not be that important or quick. I don't know it. Now looking for the past posts to find the answer.
There are no weapons that will form against my financial prosperity.
  • #4,803
  • Mar 10, 2016 3:06pm Mar 10, 2016 3:06pm
Quoting lightnight4
{quote} 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.
OK Traders - trading a live account is a business of losses and profits. Trading a demo account is also a business of losses and profits in learning a business. When you risk either account then you are not learning. Even though a demo is not real money it is still has an psychological effect when you do trade a live account. If you had traded a demo with an attitude of "not my money" will bleed over to your life account. Trading a demo is more dangerous then trading a live account if you do not treat a demo as a live account. The reason - is because you will treat your live account the same as you did your demo account. If you treat your demo as a live account; when you do go live, then you are way ahead of the game. Your goal is learning to trade for the majors with your finances and not for peanuts.
The Dove - Forex Trainer
  • #4,804
  • Mar 10, 2016 3:09pm Mar 10, 2016 3:09pm
Hello Master. Can you explain about the D1 Green Divergence? Or is the same like H2? Thank you.
  • #4,805
  • Mar 10, 2016 3:10pm Mar 10, 2016 3:10pm
Quoting birpinar
{quote} if the thing i am seeing is the divergence line, u must be wrong. The retrace would be automatic. But this may not be the case mentioed at the quote above, or the retrace after daily divergence may not be that important or quick. I don't know it. Now looking for the past posts to find the answer.
I'm just saying that you may expect one, and chances may favor a retracement, but nothing in the market is 100%.
Life is too short to have anything but delusional notions about yourself.
  • #4,806
  • Mar 10, 2016 3:19pm Mar 10, 2016 3:19pm
Quoting hoss
{quote} I'm just saying that you may expect one, and chances may favor a retracement, but nothing in the market is 100%.
You are correct - nothing in the market is 100%. But the Paradox is 90% which gives the risk element substantially low. And that 10% is covered with the right SL.
The Dove - Forex Trainer
  • #4,807
  • Mar 10, 2016 3:25pm Mar 10, 2016 3:25pm
Quoting Contrax
Hello Master. Can you explain about the D1 Green Divergence? Or is the same like H2? Thank you.
All scenarios work the same but with different variables. And that is what need to study - the variables.
The Dove - Forex Trainer
  • #4,808
  • Mar 10, 2016 3:36pm Mar 10, 2016 3:36pm
Quoting dove_alliance
{quote} All scenarios work the same but with different variables. And that is what need to study - the variables.
Thanks for answering my question.
  • #4,809
  • Mar 10, 2016 4:00pm Mar 10, 2016 4:00pm
I will not short this divergence because 2H purple which will work as a support now, will be right below with the new 2H candle. not enough space to short.

Instead, i may think going long with purple support because 4 horsemen r suggesting the uptrend.
I think this is 1 variable Dana talks about.
There are no weapons that will form against my financial prosperity.
  • #4,810
  • Mar 10, 2016 4:02pm Mar 10, 2016 4:02pm
Quoting birpinar
I will not short this divergence because 2H purple which will work as a support now, will be right below with the new 2H candle. not enough space to short. Instead, i may think going long with purple support because 4 horsemen r supporting the uptrend. I think this is 1 variable Dana talks about.
I think the retracement for the Long is more Deeper. And in H1 purple is at White.
  • #4,811
  • Mar 10, 2016 4:10pm Mar 10, 2016 4:10pm
Quoting Contrax
{quote} I think the retracement for the Long is more Deeper. And in H1 purple is at White.
ok but we can't short now as 2H purple is pushing us up right below us.
now the market is still at a not tradeble situation. We need to wait.
There are no weapons that will form against my financial prosperity.
  • #4,812
  • Mar 10, 2016 4:18pm Mar 10, 2016 4:18pm
Traders - you are still working with the Daily so do not disregard that chart. The next Daily is not for another 2 hours.
The Dove - Forex Trainer
  • #4,813
  • Mar 10, 2016 4:32pm Mar 10, 2016 4:32pm
Quoting dove_alliance
Traders - you are still working with the Daily so do not disregard that chart. The next Daily is not for another 2 hours.
Afraid to short because purple is right below, afraid to long because magenta box with divergence is right there. Waiting for a signal. and may be i can not see the already given signal?
Please Dana, need some push.
There are no weapons that will form against my financial prosperity.
  • #4,814
  • Mar 10, 2016 4:40pm Mar 10, 2016 4:40pm
Quoting birpinar
{quote} Afraid to short because purple is right below, afraid to long because magenta box with divergence is right there. Waiting for a signal. and may be i can not see the already given signal? Please Dana, need some push.
I think you are well on your own
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #4,815
  • Mar 10, 2016 4:41pm Mar 10, 2016 4:41pm
Is my 2H chart correct? this is from forexdotcom.
Attached Image (click to enlarge)
Click to Enlarge Name: 2H Paradox eurjpy.jpg Size: 486 KB
There are no weapons that will form against my financial prosperity.
  • #4,816
  • Mar 10, 2016 4:42pm Mar 10, 2016 4:42pm
Quoting birpinar
Is my 2H chart correct? this is from forexdotcom. {image}

if it's forex/com you should be ok because dove told me to use it yesterday
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #4,817
  • Mar 10, 2016 4:44pm Mar 10, 2016 4:44pm
Quoting birpinar
{quote} Afraid to short because purple is right below, afraid to long because magenta box with divergence is right there. Waiting for a signal. and may be i can not see the already given signal? Please Dana, need some push.
I know you're addressing Dana but I couldn't help but to comment. I've learned that if you're "afraid", something isn't clear. If it's not clear...don't trade. You need one good setup per day for 40 pips so you don't need a push, you need to be patient and wait until it's clear. The rules are pretty clear so the trades should be as well my friend. I've stuggled with patience so I'm speaking from experience here. When I decided to wait for the good one, things really turned around. Hope that helps!
~ Tim
  • #4,818
  • Mar 10, 2016 4:46pm Mar 10, 2016 4:46pm
Quoting Repoman
{quote} I know you're addressing Dana but I couldn't help but to comment. I've learned that if you're "afraid", something isn't clear. If it's not clear...don't trade. You need one good setup per day for 40 pips so you don't need a push, you need to be patient and wait until it's clear. The rules are pretty clear so the trades should be as well my friend. I've stuggled with patience so I'm speaking from experience here. When I decided to wait for the good one, things really turned around. Hope that helps!

very good advice thanks even if you're adressing someone else, I take it too.
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #4,819
  • Mar 10, 2016 4:47pm Mar 10, 2016 4:47pm
Quoting Repoman
{quote} I know you're addressing Dana but I couldn't help but to comment. I've learned that if you're "afraid", something isn't clear. If it's not clear...don't trade. You need one good setup per day for 40 pips so you don't need a "push" you need to be patient and wait until it's clear. The rules are pretty clear so the trades should be as well my friend. I've stuggled with patience so I'm speaking from experience here. When I decided to wait for the good one, things really turned around. Hope that helps!
I am not in a hurry. I ask for hearing a response like yours. for confirming myself. This helps me a lot. Thank u.
There are no weapons that will form against my financial prosperity.
  • #4,820
  • Mar 10, 2016 4:48pm Mar 10, 2016 4:48pm
Im in holding mode too.
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