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The Paradox System

  • #5,841
  • Mar 21, 2016 10:36am Mar 21, 2016 10:36am
Another - 20 pip loss.

Since I am out of sync with this market today, I am done until tomorrow.

Good luck everyone
  • #5,842
  • Mar 21, 2016 10:44am Mar 21, 2016 10:44am
Quoting Flipflop4
{quote} Just wondering if this is right? As my understanding goes, the last crossing of the H2 EMA/Purple put EMA into a position of resistance which wont change until they cross again (looks like they might soon). I was just wondering, on my plan I have a ? next to it as I was unsure...
Yes, Romar, Ema both are still rezistance.
  • #5,843
  • Mar 21, 2016 11:37am Mar 21, 2016 11:37am
Just hit my 40TP...So now based on what?

According to my yesterday's Daily plan...( l do only 1 plan a day, after reboot…)

The Daily was still down but out of sync with H2 and H1 at the moment l took it (then consolidation we can trade both sides)

l took it at the beginning of the previous H2 at 125,872 after l saw the retracement hit precisely 61,8 Fibo and seemly tend to come back to original downtrend...And H1 hit upper BB at that precise 61,8 fibo in H2...That was enough for me to pull the trigger and it was (l believe) confluence and trading the moment as Dove is trying to teach us.

Do not forget l am just a student like you giving some hint when possible
  • #5,844
  • Mar 21, 2016 2:01pm Mar 21, 2016 2:01pm
Short @125.859
  • #5,845
  • Mar 21, 2016 2:13pm Mar 21, 2016 2:13pm
Quoting ben.deschain
{quote} Guys That question have been answered at least 25 times...if you dont read read and re-read you will fail...l am there since the begining l am better now but still unable to reach 80% succes but l am close and the only way to do this is following the rules...l can do it you can do it too but read...Hope it is clear For the 26th use forex.com By the way woke up this morning with my 40TP from my yesterday's plan and it is what Dove means by trade the moment because 10P after my TP hit, the wind change...If you think you see something clear,...
Thanks for this post,
can you tell your W/L ratio with 1:1 P/L and how many trades this statistics contains?

Thanks a lot.
Or anyone else has some sharable results?
  • #5,846
  • Mar 21, 2016 2:16pm Mar 21, 2016 2:16pm
Quoting dove_alliance
{quote} Another day I will give away some of my secrets.
Even though I've read the thread backwards and forwards, this quote on March 17th tells me there is more. I'll do the best I can with what I've got.
  • #5,847
  • Mar 21, 2016 2:53pm Mar 21, 2016 2:53pm
Quoting colombino
{quote} Thanks for this post, can you tell your W/L ratio with 1:1 P/L and how many trades this statistics contains? Thanks a lot. Or anyone else has some sharable results?
Hi Colombino

Not sure l get your point here…

Can you explain me in what sharing personal stats may be helpful for someone... not at all

l am not the new teacher or whatever leader. Having to prove something showing a record..As l said l am just a student like you…

If your purpose asking me that question is that you expect me to tell you this system worth all the reading and time consuming to practice...Only you can answer that…depend your motivation.

On my side l have invested already 2 months and l am not ready yet to trade a real account...Do not have 80% success.
This system works with baby step and as dove said it is a 6 months process unless you are more skilled than average
Whatever skill you may have, read, read and re-read ALL is the first step
Hope it helps
  • #5,848
  • Mar 21, 2016 3:18pm Mar 21, 2016 3:18pm
Quoting snfx
Short @125.859
Why? I see it worked out. I am interested in your reasoning.
  • #5,849
  • Mar 21, 2016 3:33pm Mar 21, 2016 3:33pm
This is the most overly complicated method of trading i have ever seen... all this for 40 pips?

I mean if it works it works- but i doubt it will in the long run- systems like this are created everyday, they work for a month- but have simply been curve fit to a certain market condition (and this one seems primed).

There are simply too many moving parts for this system to remain robust and continue to work across all market conditions... and across many markets... Thats the problem with over complication and too many signals - they easily break down because there is so much room for different elements of the system to collapse.

Would love to see the statistics of the system:
Win/loss ratio, profit to max draw down ratio, return to neutral, most consecutive wins, most consecutive losses, sharp ratio... you know the stuff people gather on their system to prove is validity.

I have been designing and automating trading systems for ten years now for a prominent Chicago firm- the ones that work the best are almost always the the simple and straight forward... take it from me, this much going on in any chart is way more than you ever need to be a successful trader.

and PS: forex.com is terrible - find a real broker that wont shove crappy trade ideas your way just to sucker you into their stop run... FXCM and dailyfx are just as bad- THINK OR SWIM is the only good US broker I have ever been with- amazing platform, tightest spreads, and even commission trading if you want it.
  • #5,850
  • Mar 21, 2016 3:53pm Mar 21, 2016 3:53pm
Quoting ben.deschain
{quote} Hi Colombino Not sure l get your point here Can you explain me in what sharing personal stats may be helpful for someone... not at all l am not the new teacher or whatever leader. Having to prove something showing a record..As l said l am just a student like you If your purpose asking me that question is that you expect me to tell you this system worth all the reading and time consuming to practice...Only you can answer thatdepend your motivation. On my side l have invested already 2 months and l am not ready yet to trade a real account...Do...
I think if you only trade the best setups you could probably get close to the 80% win rate. Unfortunately this means maybe 2 - 3 trades a week at most. I usually look for the EMA signal arrow on the 2-hr charts followed by a parabolic flip, and wait for retrace to support using the 1 hr and 2hr charts as reference before jumping in. So far around 70% or so which is not bad.

And remember not to trade when there is news on the way. Also, I only trade the Asian session
  • #5,851
  • Edited 5:25pm Mar 21, 2016 4:45pm | Edited 5:25pm
Quoting kent88
OK guys now we have to stop crying. If our master has gone so it is as it is. We have to help each other and keep moving forward.
I completely agree with this statement.

However, to cherry pick all the guys that understood the system and just leave the "the rest" of us to fend for ourself is what is the worst bit out of all of this.
  • #5,852
  • Mar 21, 2016 5:20pm Mar 21, 2016 5:20pm
Quoting ben.deschain
{quote} Hi Colombino Not sure l get your point here Can you explain me in what sharing personal stats may be helpful for someone... not at all l am not the new teacher or whatever leader. Having to prove something showing a record..As l said l am just a student like you If your purpose asking me that question is that you expect me to tell you this system worth all the reading and time consuming to practice...Only you can answer thatdepend your motivation. On my side l have invested already 2 months and l am not ready yet to trade a real account...Do...
I asked because I didnt have some distinct results with this system yet. So I wanted to know I some other new trader is more succesfull (has more that 65% w/l rate, which is the ground for any long therm success IMHO).
There were dosens of "successful" systems here in FF in the past, but non of them worked in long term when rules were followed to the point.
All successful traders and creators of these systems used their own discretion, based on experience, to pick up trades, which has nothnig to do with the system rules. But without it all these systems were useless.
So I just wanted to know, if this system is a exception and worths to continue invest the time and energy.
  • #5,853
  • Mar 21, 2016 5:34pm Mar 21, 2016 5:34pm
InDaMoment
EURJPY
Date: 2016-03-22
News for USD EUR JPY:

Daily:
ROMAR: R DN
EMA: S UP
PSAR: S UP
Last MACD 0 crossing: UP
Last EMA Alert Arrow: DN
Last DB Attachment: 127.277
Fibo up or down: UP

Notes: W crossed P, S crossed P, P,W,S are turning down at 50% FIBO, MACD nearing 0

2HR: Open Price: 125.781
ROMAR: R DN
EMA: S UP
PSAR: S UP
Last MACD 0 crossing: UP
Last EMA Alert Arrow: DN
Last DB Attachment: 125.066
Fibo up or down: UP

Notes: W crossed P, S crossed P , 4H moving up, ROMAR near EMA

1HR:
ROMAR: R DN
EMA: S UP
PSAR: S UP
Last MACD 0 crossing: UP
Last EMA Alert Arrow: UP
Fibo up or down: UP

Notes: W,S,P,ROMAR all together

Notes for all 3 charts: Up trend may be developing

Entry: Consolidation

Short: If open below ROMAR
Long: If ROMAR crosses EMA
  • #5,854
  • Edited 8:47pm Mar 21, 2016 8:13pm | Edited 8:47pm
Daily plan

Date: 016-21-03

Daily: Current bar opened at 125,986
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: Green divergence at 127.277
Fibo up following a previous bounce at 38,2 level

Notes: Trend is down below Romar actually consolidating but smooth have cross purple and horsemen are in position for down . But caution : Current bar opened above EMA If EMA hold as resistance, trend may change...

2 HR:
OPEN PRICE 125,986
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing : up
Last EMA Alert Arrow : down
Last DB Attachment : 125,209
Fibo up 68,1% fibo level was hit at previous bar

Notes:Trend is upand horsemen in position for the up

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing : up
Last EMA Alert Arrow : up
Last DB Attachment : none
Fibo down

Notes: Trend is upand horsemen in position for up
Final Notes for all three charts: chart of of sync mean consolidation( trade can be both sides
Entry:
Consolidation:
Long:
Short: like yesterday l took short at 125,979 (opening actual H2 candle) based on 61,8 level touched and probable retracement incoming

Notes for readjustments: By the time l post my plan have gain 15P so far...A news is coming in 50mts, l will quit 10 mts before whatever the result

Just closed it BE was doing 25P not long ago
  • #5,855
  • Mar 22, 2016 2:24am Mar 22, 2016 2:24am
I hate to be the one to say it to its thread, but you really need to be careful. When the blind lead the blind it's only perpetuating bad habits, ideas, and ultimately just breeds failure.

It's great to share your ideas, and get feedback. But how well do you know the critics of your work, or the leaders you follow?

I have heard expect 80% win... if this system has 80% win rate it will be the first in history to sustain such success... in all my days as a professional trader the ONLY systems with this high of succes rate are either 1) really just backtests on dead price action (and the creator is a liar cause its not real, just theoretical) or 2) a market making algorithm usually of HFT variety that is able to utilize pro-rata machine to jump the que and get in front of other people's orders... have no idea what I just said in point 2? That's my ppint exactly.

So. Before the trolls lite me up for being a soap box preacher- i want to introduce myself as the man with one eye. I will not tell you what I do, I will show you... LIVE, I'm a webinar, where you can not only see my tading, but be able to learn to execute for yourself...

You want to learn to trade, and not just follow somones magical golden egg system... I mean really learn to trade - shoot me a private message before 8 AM eastern today for your invite. You have nothing to loose but your pride, and I challenge everyone here to produce an easier method and more successful method than the one I will present.

I will leave you now with the only credential you need for now, my track record since I started verifying it on myfxbook.
http://www.myfxbook.com/members/Evol...on-mam/1273122

Even I don't have a win rate of more than 50%... but the sucess of my trading doesn't hang in this idea... it's all abut managing risk, not taking it, so while I may only win 40-45% of the time, it's because I get "free" 80% of the time that I don't LOOSE money with a lower than 50% win rate. It also helps that my average win is 2x my average loss, my biggest wins are bigger than my biggest looser, . If that was Greek to you, you need to send me PM immediately and get yourself an invite to my webinar. It's a free offer so what you got to lose?

This is the single greatest opportunity many of you will ever have to get some real advice from a seasoned pro who has seen, done, and tried it
  • #5,856
  • Mar 22, 2016 2:40am Mar 22, 2016 2:40am

Daily plan(comments and critics are welcome)

Date: 2016.03.22

at 10.00 (GMT+2)-London opening

Daily:
ROMAR - Resistance
EMA - Support
PSAR – Support (eliminated as white crossed purpl)

Check List:
Last MACD 0 crossing - The crossing is up.
Last EMA Alert Arrow – Green Arrow up.
Last DB Attachment - Both DB/SAR attached on top at 127.277 for continuance of the uptrend.
Fibo up or down - Fibo is up from the bottom.

Notes: The 4 horsemen are neutral with white/ smooth crossing Purple and ROMAR as resistance with a spread of 132 pip and with EMA still support.

2 HR:
OPEN PRICE - 125.81
ROMAR – Support, EMA crossed Romar
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing - The crossing is up.
Last EMA Alert Arrow - Green Arrow up before the MACD crossing.
Last DB Attachment - Both DB/SAR attached on top 126.262 for continuance of the uptrend.
Fibo up or down - Fibo is up from the bottom.
Green divergence on the top. Possible retrace at the moment(1 or 2 candels).

Notes: The 4 horsemen are up with EMA , ROMAR and Parabolic holding as support.

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing - The crossing is up.
Last EMA Alert Arrow - Green Arrow up after the MACD crossing.
Last DB Attachment -
Fibo up or down - Fibo is Down from the top 126.26.

Notes: The 4 horsemen are up with EMA , ROMAR and Parabolic holding as support.
Final Notes for all three charts: 2hr and 1hr charts 4 horsemen are uptrend.
The Daily ROMAR - Resistance and parabolic as a support is eliminated by White crossing Purpl. The Fibo is in an uptrend from the bottom.


Entry:
Consolidation:
Long: I will enter long on 2hr open after candle retraced and hited smooth or white.
P.S. If white will touch purpl will not enter.
Short:

Notes for readjustments:
  • #5,857
  • Edited 3:37am Mar 22, 2016 3:01am | Edited 3:37am
now i see a new bunch of peeps in this thread. lol.

Dove already said that he is going to leave, so we should be prepared for it. and also you cant expect dove to not show favoritism, c'mon he is good with trading but he's still a believer of God. what do you expect from him?

anyway what is on this thread is definitely enough. though i'm still on my re-reading of the thread and almost completing now. if you just started, dont worry that you cannot understand the system initially. just need you to take notes and maybe save a few charts here and there. and read a few times.

even if the master and the disciple is gone, you have this tool and a manual. dont you want to use it? i will and am still improving it day by day learning on my experiences and being patience for each trade.

PM the disciples if you do need help, they might just respond to you.
  • #5,858
  • Edited 4:04am Mar 22, 2016 3:03am | Edited 4:04am
Quoting dhussey
I hate to be the one to say it to its thread, but you really need to be careful. When the blind lead the blind it's only perpetuating bad habits, ideas, and ultimately just breeds failure. It's great to share your ideas, and get feedback. But how well do you know the critics of your work, or the leaders you follow? I have heard expect 80% win... if this system has 80% win rate it will be the first in history to sustain such success... in all my days as a professional trader the ONLY systems with this high of succes rate are either 1) really just...
In my short experience in forex I cant believe posts like this, in myfxbook we can do such results as we want nowadays good luck elsewhere, but not here.
  • #5,859
  • Mar 22, 2016 3:20am Mar 22, 2016 3:20am
Quoting Gleam
{quote} In my short experience in forex I cant believe posts like this, in myfxbook we can do such results as we want nowadays good luck elsewhere, but not here.
I think you summed it up right there. In your short experience.

Where does that give you any credit to an opinion whatsoever?

Blind leading the blind here
  • #5,860
  • Mar 22, 2016 3:27am Mar 22, 2016 3:27am
Quoting Gleam
{quote} In my short experience in forex I cant believe posts like this, in myfxbook we can do such results as we want nowadays good luck elsewhere, but not here.
AND PS:

If its so easy to produce a myfbook account- and anyone can do one for a system- where is a single REAL account listed trading this to prove any of the statistics you have given (like the 80% win)?

I am playing devils advocate here- something everyone should do before you start following a system you got for free on a website...

Produce your track record with it please Gleam- not just your daily update- lets see the account.
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