The Paradox System | Page 302 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The paradox System 2023 (for beginners) 724 replies

Paradox System: post your entry here 12 replies

Paradox system avg monthly ROR for last 12 months 33 replies

Learning the Paradox System=Set up / Trade Plan / Results Only 1 reply

lets talk about the system called PARADOX 2 replies

Attachments: The Paradox System
Exit Attachments

The Paradox System

  • #6,021
  • Apr 15, 2016 8:05pm Apr 15, 2016 8:05pm
You tell'em Doddy. I am still using Forex.com demo. I caught the position trade on EJ at 123.37 and rode it down to the 122.65. Got 72 pips. Not too shabby 16 hours of "work" (I call it FUN). Thanks to Dana and to you for your support of the Paradox. I'm still reading, studying, and learning. 7 weeks down, 19 to go.
  • #6,022
  • Apr 15, 2016 9:33pm Apr 15, 2016 9:33pm
Comments are welcome, This is my initial plan for Monday




InDaMoment
EURJPY
Date: 2016-04-18 1900 EDT
News for USD EUR JPY:
Daily:
ROMAR: R DN
EMA: R DN
PSAR: R DN
Last MACD 0 crossing: DN
Last EMA Alert Arrow: DN
Last DB Attachment: 122.538 B
Last SAR Attachment: 122.538 B
Fibo up or down: UP
Notes: 7 bars consolidation, Trend down but W crossed P
2HR: Open Price: 123.688
ROMAR: R DN
EMA: R DN
PSAR: R DN
Last MACD 0 crossing: DN
Last EMA Alert Arrow: DN
Last DB Attachment: 122.584 B
Last SAR Attachment: 122.584 B
Fibo up or down: UP
Notes: Down trend
1HR:
ROMAR: R DN
EMA: R DN
PSAR: R DN
Last MACD 0 crossing: DN
Last EMA Alert Arrow: DN
Fibo up or down: UP
Notes: Down trend
Notes for all 3 charts: All 3TF are in down trend
Entry: Down trend
Long:
Short: On retrace to H2 EMA or S
  • #6,023
  • Apr 15, 2016 9:54pm Apr 15, 2016 9:54pm
Quoting dove_alliance
Through the years I have trained 100s of traders with the Paradox. And now I am in my old age, going on 71; and it is time to pass on the Paradox
Salute to you... really like this quote
It is the dust where you came from & it is the dust where you shall return
  • #6,024
  • Apr 16, 2016 2:14am Apr 16, 2016 2:14am
Quoting doddy
{quote} ​Hi; It is very unfortuate that you shoot from your hips. There is no faky accounts but demo accounts for 6 months. There are clear set of rules and scenarios that need you to plan and lay it out. There is intraday as well as position style of trading. A lot of variables at play that need to be at your finger tips.Thus the confusions that mislead one's that there is no rules and a complete sham. But a thorough soundings to digest and undergoes the difficult gestation period do assists us to know that Dove's method accomodate the complexities...
lol yeah i meant lotta fake ff accounts not demos or live T.E. Anyway keep making your demo pips, i ll keep on watching from the side.
  • #6,025
  • Apr 16, 2016 3:27am Apr 16, 2016 3:27am
Thanks Dove for the trading system.
I have done few trades successfully in my demo account using this method. But I didn't change the "GMT SERVER OFFSET value". But I was successful with the above trades and got 30+ pips in every trade. Is that essential to change that value.

If Yes, can anybody help me to get my accurate value?
I'm In Sri Lanka and it is GMT + 5.5
And I'm using Tickmill for trading.
  • #6,026
  • Apr 16, 2016 4:56am Apr 16, 2016 4:56am
hello

i subscribed and install the paradox in my mt4.. i am in binary.. hope it will work there also..

i am sharing my screens of the three charts.. please look at it and point out if something is wrong in it.. i couldnot figure it...

hope to learn so much from you sir..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDJPYH1.png Size: 44 KB
Click to Enlarge Name: USDJPYH2.png Size: 48 KB
Click to Enlarge Name: USDJPYDaily.png Size: 44 KB
  • #6,027
  • Apr 16, 2016 6:53am Apr 16, 2016 6:53am
Hi All;

Dove advise used Forex.com. It is mentioned in the thread. The GMT setting is also included.
  • #6,028
  • Apr 16, 2016 11:07pm Apr 16, 2016 11:07pm
Quoting pranjaldeka
hello i subscribed and install the paradox in my mt4.. i am in binary.. hope it will work there also.. i am sharing my screens of the three charts.. please look at it and point out if something is wrong in it.. i couldnot figure it... hope to learn so much from you sir.. {image} {image} {image}
​Early in the thread we used usdjpy, but now we use eurjpy. You need 40 bars per chart for FIBO to display properly. I recommend that you read the entire thread. all of the info is there.
  • #6,029
  • Apr 18, 2016 8:12pm Apr 18, 2016 8:12pm
Quoting InDaMoment
{quote} ​Early in the thread we used usdjpy, but now we use eurjpy. You need 40 bars per chart for FIBO to display properly. I recommend that you read the entire thread. all of the info is there.
Well I finally got around to reading this corner of the Factory over the weekend. It is a shame that things ended the way they did. I am sure that Dana meant well. He put a lot of work and time into his thread. More than I ever will.

That said, thanks Dana, for the work. Personally, you introduced to me the period converter, and a novel way to use timeframes.

The Paradox system itself is not new, but the presentation of it was quite insightful. To those of you who are still trading this system, it will do nicely until you learn how to read price action. It keeps you in the prevailing trend at the moment. All the man was trying to do is keep traders on the right side of the market, trade what you see, and not what you think.

Acts of kindness never go unpunished.............
If you are good at something, never do it for free--Joker
  • #6,030
  • Apr 19, 2016 8:46am Apr 19, 2016 8:46am
totally new to this thread, need to read, but downloaded the system, installed on eurusd charts, immediate alert and the first profitable trade with it, only 20 pips, but who cares, thus now keeping ears open for the alert and lets see what happens, in th mean time try to catch up with reading. Green pips to all
  • #6,031
  • Apr 20, 2016 11:57am Apr 20, 2016 11:57am
today, installed paradox UJ, and took a long trade, it hit 20 pips, but took a long time to get there,2 winners out of 2 trades, i can get used to doing this, during US session. Need much more trades before trading it live, still not finished studying here
  • #6,032
  • Apr 20, 2016 12:03pm Apr 20, 2016 12:03pm
Quoting pranjaldeka
hello i subscribed and install the paradox in my mt4.. i am in binary.. hope it will work there also.. i am sharing my screens of the three charts.. please look at it and point out if something is wrong in it.. i couldnot figure it... hope to learn so much from you sir.. {image} {image} {image}
I looked at your charts, mine look also like that, thus you should be good
  • #6,033
  • Apr 20, 2016 1:27pm Apr 20, 2016 1:27pm
Quoting clint2008
today, installed paradox UJ, and took a long trade, it hit 20 pips, but took a long time to get there,2 winners out of 2 trades, i can get used to doing this, during US session. Need much more trades before trading it live, still not finished studying here
What was your long entry today if I may ask, was it on the 1h or the 2h.
  • #6,034
  • Apr 21, 2016 7:30am Apr 21, 2016 7:30am
ok, today GU buy another 20 pip gain, this system is good! Just do as it says and stick until TP thanks for Dove posting it here
  • #6,035
  • Apr 21, 2016 7:33am Apr 21, 2016 7:33am
Quoting FourHorseMan
{quote} What was your long entry today if I may ask, was it on the 1h or the 2h.
Entry at 109.224 time 14:03, that is on my tradelist gmt+1 as stated that is beginning of US session NY 08:03. I look at all 3 charts ehen 1hr states buy and 2hr states strong buy i just do., looking a little bit at fibo's to see the room and then leave it as is. Just 1 per day. Until now very good, taking about 1.5%risk. I see myself doing this every day, not sure on fridays
  • #6,036
  • Apr 21, 2016 6:50pm Apr 21, 2016 6:50pm
I missed it. It was exactly as Dove Alliance had stated. The price touched the upper BB band and went back to Romar. Pat Page 335 and still reading in learning. Watching for the change in Four Horsemen 2 uptrend on 2-hour chart
  • #6,037
  • Apr 22, 2016 8:57am Apr 22, 2016 8:57am
this morning i took EJ trade (buy), I set a 40 pip TP and bailed out at 30 pip. Now I'm in EURAUD (sell) allmost for 2 hours, not sure if it will give me 20, but leaving it. I still need to think about getting this to give me more than 2% per week, that is what last week brought me, more than the bank, i can trade bigger but not sure as I will not be so relaxed when it hits stoploss, with current tradesize the stop doesn't hurt as much. Well i have a weekend to study more and hope to (im)prove next week. I have several profiles setup in order to be able to find a few decent trades. Good weekend

OK done now
  • #6,038
  • Apr 23, 2016 1:20pm Apr 23, 2016 1:20pm
Quoting metta87
{quote} lol yeah i meant lotta fake ff accounts not demos or live T.E. Anyway keep making your demo pips, i ll keep on watching from the side.


You're clearly a fool.
No tree, it is said, can grow to heaven unless its roots reach down to hell
  • #6,039
  • Apr 24, 2016 7:00am Apr 24, 2016 7:00am
i don't like the way people talk here, i was just posting my results as i'm happy with the method. Every trader walks a certain journey in order to improve, keep it calm please
  • #6,040
  • Apr 24, 2016 12:44pm Apr 24, 2016 12:44pm
Quoting clint2008
i don't like the way people talk here, i was just posting my results as i'm happy with the method. Every trader walks a certain journey in order to improve, keep it calm please

Keep at it bro I was not talking about you.
No tree, it is said, can grow to heaven unless its roots reach down to hell
25 traders viewing now