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The Paradox System

  • #4,901
  • Mar 10, 2016 10:49pm Mar 10, 2016 10:49pm
Calling it a night. Going to hit the sack and start fresh tomorrow with more study. Thanks again Dana...God bless!!
~ Tim
  • #4,902
  • Mar 10, 2016 11:07pm Mar 10, 2016 11:07pm
The Variables:

Each indicator is a variable and they all work together as one unit. One indicator cannot do without the others as they compliment one another to create the various variables for each scenario which is support, resistance, trend, consolidation, entries and exits. And for each of the 6 scenarios there must be the variables of the indicators complimenting the scenario in which is to be applied. Which means; each scenario has it own variables justifying the moment with each indicators.
The Dove - Forex Trainer
  • #4,903
  • Mar 11, 2016 12:13am Mar 11, 2016 12:13am
This is my plan for today. Please feel free to guide me.

Attached Image
  • #4,904
  • Mar 11, 2016 12:59am Mar 11, 2016 12:59am
I sold @ 126.70 with SL 40 and TP 40.
Reason:
H2 Green Divergence line.
  • #4,905
  • Mar 11, 2016 1:04am Mar 11, 2016 1:04am
Quoting bigijs
I sold @ 126.70 with SL 40 and TP 40. Reason: H2 Green Divergence line.
The price can continue making Higher High. 1 hour left for H2 Candle Close.
  • #4,906
  • Mar 11, 2016 1:39am Mar 11, 2016 1:39am
Quoting Contrax
{quote} The price can continue making Higher High. 1 hour left for H2 Candle Close.
Yes, it can go higher. And now it is already higher.


Do you think it was against the rules?
Because I'm not sure if it's by the rules or not.
  • #4,907
  • Mar 11, 2016 1:50am Mar 11, 2016 1:50am
Quoting bigijs
{quote} Yes, it can go higher. And now it is already higher. Do you think it was against the rules? Because I'm not sure if it's by the rules or not.
Dove mention confluence factors. The more you have it on ur side, the odds are in your favor.
  • #4,908
  • Mar 11, 2016 2:02am Mar 11, 2016 2:02am
Quoting lkh81
This is my plan for today. Please feel free to guide me. {image}
H1 White/Purple not cross yet, but saw market open below smooth.
H1 should not be in reference in consolidation though

i made a short at 126.743. i may be wrong not to reference H1 but let's see in a while
  • #4,909
  • Mar 11, 2016 2:07am Mar 11, 2016 2:07am
Quoting lkh81
{quote} Dove mention confluence factors. The more you have it on ur side, the odds are in your favor.
yup also now the fibo is red and the white crossed purple on the h2, we all know the rules so trade accordingly lol
  • #4,910
  • Mar 11, 2016 2:11am Mar 11, 2016 2:11am
Quoting brath
{quote} yup also now the fibo is red and the white crossed purple on the h2, we all know the rules so trade accordingly lol
The funny thing is i need to use the loo 10 mins ago, but I held on to it till I see the 2hr candle
  • #4,911
  • Mar 11, 2016 2:29am Mar 11, 2016 2:29am
where are you guys seeing divergence? i saw it on the candle before current on the 2 hour chart and therefore shorted on current 2 hour candle and got my 20 pips. easily could have been 40
  • #4,912
  • Mar 11, 2016 2:30am Mar 11, 2016 2:30am
Quoting lkh81
{quote} H1 White/Purple not cross yet, but saw market open below smooth. H1 should not be in reference in consolidation though i made a short at 126.743. i may be wrong not to reference H1 but let's see in a while
Amended SL to B/E
  • #4,913
  • Edited 2:55am Mar 11, 2016 2:31am | Edited 2:55am
Quoting bgntrs
where are you guys seeing divergence? i saw it on the candle before current on the 2 hour chart and therefore shorted on current 2 hour candle and got my 20 pips. easily could have been 40

The green dotted dash line right beside the 126.941(magenta price box)

Out of trade: + 38
  • #4,914
  • Mar 11, 2016 3:01am Mar 11, 2016 3:01am
Can someone, who is sure of his chart, please check if My chart is in sync with his/her chart
MA 5 and 20 included please.
Attached Image (click to enlarge)
Click to Enlarge Name: H2 EURJPY mA CONTROL.jpg Size: 501 KB
There are no weapons that will form against my financial prosperity.
  • #4,915
  • Mar 11, 2016 3:05am Mar 11, 2016 3:05am
Hello am new here, Can I ask a question? When taking positions do you go "all in" in one go say at the opening of the recent H2 candle or would you say do 2 contracts at open and then add against the trade, add more when your short and the price is going up? Still the same size trade but to slightly reduce risk but increase risk/reward?
  • #4,916
  • Mar 11, 2016 3:07am Mar 11, 2016 3:07am
Quoting Contrax
{quote} 1) Wait for candle close 2) I think the retracement for uptrend are deeper than the downtrend. Do u have Daily Plan? {quote} If Dana is very succesful with the Paradox System / EURJPY Currency. I dont want to change any ant of it.... I prefer teach same currency... deposit the money of my girlfriend and incrase the double the lotsize.
Divergence won. I wonder if this is how it always happens. (So far it has happened twice)
  • #4,917
  • Mar 11, 2016 3:09am Mar 11, 2016 3:09am
Quoting birpinar
Can someone, who is sure of his chart, please check if My chart is in sync with his/her chart MA 5 and 20 included please. {image}
i cant comment on the fibo cos i'm at work and had to use a smaller size tablet for trading, my candles are lesser than 40 so my fibo is not correct.

Yours looks the same as mine but you need to resize your chart to slightly smaller. you have 42 candles? fibo wont be accurate

List i've checked : Green Divergence position with the candles, syndey open, macd, parabolic, DB and SAR, BB. My BB is flatter. Not sure if you should make it flatter(screen is a bit vertical) cos it can affect the way you see the 4 horsemen(whether it is sliding or cutting across) is crucial.
  • #4,918
  • Mar 11, 2016 3:12am Mar 11, 2016 3:12am
Quoting lightnight4
{quote} Divergence won. I wonder if this is how it always happens. (So far it has happened twice)
Our teacher Dana advices to use every signal with the variables at the signal's moment.
This means, , it will always happen only if the other indicators r in the right place. which also means, u have to have enough room to move to support or resistence for the market go up or down +40 or +20 from the divergence line.
There are no weapons that will form against my financial prosperity.
  • #4,919
  • Mar 11, 2016 3:16am Mar 11, 2016 3:16am
Quoting birpinar
Can someone, who is sure of his chart, please check if My chart is in sync with his/her chart MA 5 and 20 included please. {image}
Chart looks fine to me ,

5ma and 20 ma can differ depending on time op rebooting after sydney opening .
  • #4,920
  • Mar 11, 2016 3:16am Mar 11, 2016 3:16am
Quoting lkh81
{quote} i cant comment on the fibo cos i'm at work and had to use a smaller size tablet for trading, my candles are lesser than 40 so my fibo is not correct. I saw everything looks ok but you need to resize your chart to slightly smaller. you have 42 candles? fibo wont be accurate
it was 41 i think. now corrected thank you.
There are no weapons that will form against my financial prosperity.
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