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The Paradox System

  • #5,201
  • Mar 14, 2016 7:55pm Mar 14, 2016 7:55pm
Quoting dove_alliance
{quote} And where is your trading plan?
I wrote it on paper, it is similiar SirViver, I don't wait Green Ema arrow, I only decided a difference entry.
  • #5,202
  • Mar 14, 2016 7:57pm Mar 14, 2016 7:57pm
Quoting ThanksDana
{quote} I wrote it on paper, it is similiar SirViver, I don't wait Green Ema arrow, I only decided a difference entry.
Keep trading that 1 hour and one day you will learn your lesson.
The Dove - Forex Trainer
  • #5,203
  • Mar 14, 2016 8:10pm Mar 14, 2016 8:10pm
Quoting dove_alliance
{quote} Keep trading that 1 hour and one day you will learn your lesson.
Yes i answer that to the people who still sending me PM... My hearth is jumping because i want to jump to the market.. and all the time that i do that.. my SL got hit haha...

Hey Master, exist anything for the alert can go in the MT4 Mobile? If not, its ok haha. I think the answer is not but i want to ask. Thank you and sorry if i bother you with this.
  • #5,204
  • Mar 14, 2016 8:13pm Mar 14, 2016 8:13pm
Quoting ThanksDana
{quote} I go long 126.328 because: 1/ We are in consolidation, DB appeared with thrisle tag price 2/ 4 horsemen in H1 3/ Green arrow and white arrow in H1 4/ Purple crossed white in H2 and an open candle above smooth
Here is an example of a fool. This trader jumps in a trade using the 1 hour as a trading chart. But what makes him a fool is jumping into a trade with the JPY having a high impact announcement which is Tentative before 12 midnight and could release at anytime before midnight.
The Dove - Forex Trainer
  • #5,205
  • Mar 14, 2016 8:14pm Mar 14, 2016 8:14pm
Quoting dove_alliance
{quote} Keep trading that 1 hour and one day you will learn your lesson.
Thank you Dana for your advice,

I considered H2 with white/purple crossed and an candle open above smooth. We are in consolidation, and we also have a DB appear and a thrisle tag price in H2. They are the main reason.

And H1 only for refer with 4 horsemen.

I'm sorry, I'm still leaning and I don't have enough wisdom. I decide translate lesson to my language and read them everyday.
  • #5,206
  • Mar 14, 2016 8:16pm Mar 14, 2016 8:16pm
Quoting dove_alliance
{quote} Here is an example of a fool. This trader jumps in a trade using the 1 hour as a trading chart. But what makes him a fool is jumping into a trade with the JPY having a high impact announcement which is Tentative before 12 midnight and could release at anytime before midnight.
Thank you Dana, I closed my trade. I am confuse to make a right entry. Although I have a plan. I still try to learn
  • #5,207
  • Mar 14, 2016 8:23pm Mar 14, 2016 8:23pm
Quoting ThanksDana
{quote} Thank you Dana, I closed my trade. I am confuse to make a right entry. Although I have a plan. I still try to learn
Your plan is no good if a High Impact Announcement is not included with your plan. I have mention this several times but traders forget; and when they get caught they begin to remember.
The Dove - Forex Trainer
  • #5,208
  • Mar 14, 2016 8:32pm Mar 14, 2016 8:32pm
Quoting dove_alliance
{quote} Your plan is no good if a High Impact Announcement is not included with your plan. I have mention this several times but traders forget; and when they get caught they begin to remember.
If we don't mention importance news.

Do you think I have a right entry, should we wait green arrow, white arrow, SAR appear in H2 or not ?
  • #5,209
  • Mar 14, 2016 8:33pm Mar 14, 2016 8:33pm
I even suggested placing a sticky note on your monitor saying:

CHECK NEWS RELEASE BEFORE TRADING

I wonder how many trader have that sticky note on their monitor.
The Dove - Forex Trainer
  • #5,210
  • Mar 14, 2016 8:35pm Mar 14, 2016 8:35pm
Quoting ThanksDana
{quote} If we don't mention importance news. Do you think I have a right entry, should we wait green arrow, white arrow, SAR appear in H2 or not ?
No - you are depending too much on the 1 hour and not paying attention with the right signals on the 2 hour.
The Dove - Forex Trainer
  • #5,211
  • Mar 14, 2016 8:38pm Mar 14, 2016 8:38pm
Quoting Repoman
Wondering about the JPY Monetary Policy Statement that is tentative as far as the time. AND, BOJ Press Conference that is also tentative. Does anyone have any idea as to what time it MIGHT happen? Not seeing this noted on any plans so I thought I'd mention it. I've been holding out to see if someone knew about it - or - the market moved with volatility because of it. Any comments? Thanks!!
Yeah... FF isn't showing a time for the release but I have a FF news indicator that is showing 8:50gmt for the Monetary Policy Statement release. Don't know how accurate this will be.
  • #5,212
  • Edited 9:01pm Mar 14, 2016 8:40pm | Edited 9:01pm
EDIT: From Dove_AllianceWrong --- the news release is before the next day which is 11:59 EST and is Tentative before 11:59 EST.
  • #5,213
  • Mar 14, 2016 8:43pm Mar 14, 2016 8:43pm
tradertron where ff indicator could be found? do You have link?
  • #5,214
  • Mar 14, 2016 8:46pm Mar 14, 2016 8:46pm
Quoting Contrax
Tentative news can be release anytime until the next news aviable news.. so the next jpy news are in 4hours.
Thanks for that. I wasn't sure and was looking in the thread. I remember last time this news came out it was pretty crazy. I'm checking back in a few hours. Gonna get some sleep. God bless you all!
~ Tim
  • #5,215
  • Mar 14, 2016 8:46pm Mar 14, 2016 8:46pm
Quoting Contrax
Tentative news can be release anytime until the next news aviable news.. so the next jpy news are in 4hours.
Wrong --- the news release is before the next day which is 11:59 EST and is Tentative before 11:59 EST.
The Dove - Forex Trainer
  • #5,216
  • Mar 14, 2016 8:50pm Mar 14, 2016 8:50pm
Quoting dove_alliance
{quote} Wrong --- the news release is before the next day which is 11:59 EST and is Tentative before 11:59 EST.
Thank you.
  • #5,217
  • Mar 14, 2016 8:50pm Mar 14, 2016 8:50pm
The new release for the Press conference is after 00:00 Midnight is for after midnight and can happen anytime during the JPY session.
The Dove - Forex Trainer
  • #5,218
  • Mar 14, 2016 8:52pm Mar 14, 2016 8:52pm
Quoting Contrax
{quote} Thank you.
Please Danial - don't make statements you have no knowledge about and confuse the other traders.
The Dove - Forex Trainer
  • #5,219
  • Mar 14, 2016 8:59pm Mar 14, 2016 8:59pm
Quoting snfx
tradertron where ff indicator could be found? do You have link?
Am looking around FF for it... but can also post it here if it is ok with Dove.

Although you would want to put it on a different chart than your Paradox system is on.
  • #5,220
  • Mar 14, 2016 9:04pm Mar 14, 2016 9:04pm
My green up arrow for cross ema on 2 hr just appeared, but I think I will wait for JPY monetary policy news to come out 1st as well, then re-access about 5-10 mins after news has hit.

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“The waiting is the hardest part” Tom Petty
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