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Attachments: The Paradox System
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The Paradox System

  • #6,301
  • Sep 5, 2016 1:23am Sep 5, 2016 1:23am
Hi guys,
I appreciate and thank Dove for this great gift and to all traders who try to explain to others.
I have read several times, especially the first 150 pages, and try to apply on demo.
I have enough misunderstandings and please explain me if you are kindly.

For example, in post 28, Dove said: "And this is where I took my entry as low as possible at the Daily Open line at 117.272."
My question is: Daily open plays the role of support / resistance?

Thanks and green pips!
(Sorry for my english.)
gynexx
  • #6,302
  • Sep 5, 2016 2:28am Sep 5, 2016 2:28am
Followed my trading plan and got 20 pips. Only went in for 20 because against the ROMAR trend.
  • #6,303
  • Sep 5, 2016 2:50am Sep 5, 2016 2:50am
Quoting DotDom
Man I didn't even realise this thread was still going. I kinda agree with Mahmood, would be handy if there were step by step rules to this system. I spent many many hours reading through pages of notes and writing my own, trying to de-cypher it but I clearly don't have the force. I'd be interested to know whether anyone is achieving the 80% win rate yet? Or even above 50%? Dom
Attached Image (click to enlarge)
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these are my stats at the moment. not the best but not the worst either. these are also trades from a new account I have since mid July, before I also had a positive track record. I'm also still learning and I am actually quite satisfied with my results given the mistakes I have made as well. bear in mind I have only 19 trades (with this account) up to date, which equates with less than 1 trade a day. this is partly due to not seeing the opportunity and party as I was on a 3 week holiday (still was able to squeeze in a couple of trades but mostly I was off).

this is, as mentioned a 6 months process and I am 3 months in. you have to practice discipline, studying the system, which means making mistakes and rereading the thread numerous times (I have done maybe 10 times so far) and encountering every scenario and often be clueless, not knowing what to do and learn. you will find a couple of setups at least which you will understand and that means patience. even if you have 1 setup you fully understand you might only have a couple of opportunities a week but you will be a winner.

this is always in the back of my mind

Attached Image
  • #6,304
  • Sep 5, 2016 3:27am Sep 5, 2016 3:27am
Quoting Jens89
{quote} {image} these are my stats at the moment. not the best but not the worst either. these are also trades from a new account I have since mid July, before I also had a positive track record. I'm also still learning and I am actually quite satisfied with my results given the mistakes I have made as well. bear in mind I have only 19 trades (with this account) up to date, which equates with less than 1 trade a day. this is partly due to not seeing the opportunity and party as I was on a 3 week holiday (still was able to squeeze in a couple of...
Thanks for sharing. I am also learing about 3 months now, but clearly not there yet as I am anticipating far too much. I have printed all 300 pages as I find that the easiest way of learning. I keep re-reading it until I have put all the pieces together. Last couple of weeks I thought I was really looking at things as they were in the moment, but in fact I was anticipating almost all the time. I really need to learn to look at things as they are right now and respect the 4 horsemen, EMA and ROMAR supports and resistance. It's really not that tough I believe, but it is when you are fighting a battle against yourself.
  • #6,305
  • Sep 5, 2016 5:12pm Sep 5, 2016 5:12pm
Hello
I have a question. In my daily candle the system begin at 20:00 New York. What should I do to have the daily candle that begins at 17:00 New York?
  • #6,306
  • Sep 5, 2016 5:19pm Sep 5, 2016 5:19pm
EURJPY
Date: 2016-09-06 2000 NY time
News for USD EUR JPY: HIGH 1600 local

Daily:
ROMAR: R DN
EMA: S UP
PSAR: S UP
Last MACD 0 crossing: UP - before EMA arrow
Last EMA Alert Arrow: UP
Last DB Attachment: 116.352 T
Last SAR Attachment: 116.352 T
Fibo up or down: UP
Notes: W,S,EMA below P, Magenta is attached with SAR and DB

1HR: Open Price: 115.231
ROMAR: R DN
EMA: R DN
PSAR: S UP
Last MACD 0 crossing: UP before EMA arrow
Last EMA Alert Arrow: UP
Fibo up or down: UP
Notes: 4H upward, Fibo flipped

2HR: Average Bar:
ROMAR: S UP
EMA: R DN
PSAR: R DN
Last MACD 0 crossing: DN before EMA arrow
Last EMA Alert Arrow: DN
Last DB Attachment: 115.114 B
Last SAR Attachment: 115.114 B
Fibo up or down: DN
Notes: W,S crossed P at bottom

Notes for all 3 charts: Consolidation, H1 and H2 are not in sync

Entry: “No trade is better than a lost trade" In the moment, with H1 and H2 coming into sync, H2 PSAR eliminated and H2 EMA arrow up, I'll be making long entry as low as possible.
  • #6,307
  • Sep 5, 2016 7:54pm Sep 5, 2016 7:54pm
Quoting InDaMoment
EURJPY Date: 2016-09-06 2000 NY time News for USD EUR JPY: HIGH 1600 local Daily: ROMAR: R DN EMA: S UP PSAR: S UP Last MACD 0 crossing: UP - before EMA arrow Last EMA Alert Arrow: UP Last DB Attachment: 116.352 T Last SAR Attachment: 116.352 T Fibo up or down: UP Notes: W,S,EMA below P, Magenta is attached with SAR and DB 1HR: Open Price: 115.231 ROMAR: R DN EMA: R DN PSAR: S UP Last MACD 0 crossing: UP before EMA arrow Last EMA Alert Arrow: UP Fibo up or down: UP Notes: 4H upward, Fibo flipped 2HR: Average Bar: ROMAR: S UP EMA: R DN PSAR: R DN...
I guess you took the trade at 0.00 GMT candle with opening at EMA? I missed it because I was sleeping and saw it when I went to the bathroom. Deciced to stay awake and wait on the retrace back to EMA. It did retrace, so I could still enter long. With the top SAR attachment and Green EMA arrow confirmed in the mean time it looks like a great long entry. H1 ROMAR is still resistance, but with H2 consolidating about 14 hours at H2 ROMAR support this long entry was very well expected. Off to bed!
  • #6,308
  • Sep 5, 2016 8:18pm Sep 5, 2016 8:18pm
Quoting dove_alliance
Hello traders and blessing - I am not here to train but to post some advice; and one of the greatest advice an experience trader gives is you never, ever trade against the trend. It matters not if the market is ranging or consolidating - there is always a trend. The Paradox was given to you with rules that are set in stone; and if you break the rules - you will lose. If you create your own rules - you will lose. If you try to interpret or shift the rules for your own benefit, and/or what you think will happen - you will lose. I have stated it very...
...Nice work Sir. as usual, may the lord keep you safe in this times of disarray..... I send you a PM, thanks in advance....
The Chonchy
  • #6,309
  • Sep 5, 2016 8:39pm Sep 5, 2016 8:39pm
Quoting Elflaco
{quote} I guess you took the trade at 0.00 GMT candle with opening at EMA? I missed it because I was sleeping and saw it when I went to the bathroom. Deciced to stay awake and wait on the retrace back to EMA. It did retrace, so I could still enter long. With the top SAR attachment and Green EMA arrow confirmed in the mean time it looks like a great long entry. H1 ROMAR is still resistance, but with H2 consolidating about 14 hours at H2 ROMAR support this long entry was very well expected. Off to bed!
Yes, I entered long at 115.463
  • #6,310
  • Sep 6, 2016 1:10am Sep 6, 2016 1:10am
Quoting Jens89
Mahmood. Please start posting trading plans, trades and things you do not understand so others can help you. Make mistakes so you can learn from em
tanx dood
  • #6,311
  • Sep 6, 2016 1:10am Sep 6, 2016 1:10am
Quoting doddy
{quote} Hi; I tried my best to explain but hope Dove can chip in. 1st You must understand fully the 6 indicators and how to use them. 1 ROMAR 2 Purple 3 White 4 Smooth 5 EMA 6 Parabolic Post 21 explains it all. Must include Bollinger Bands. (4 Horse-man, Parabolics Flip) 2nd Understand the indicators context usage in Daily /H2 and H1 Time-frame. Dove recent Post explains this (Post 6283). 3rd You must know S/R, Consolidation and Trends/ Counter-trends. 4th What is divergence? Green/Gold 5th What is Swing? DodgerBlue and Magenta (SAR), 2 Dash lines:...
tanx dood
i undrestand indicators but i comfused in plning
i am trying it
tank u for reply
  • #6,312
  • Sep 6, 2016 3:11am Sep 6, 2016 3:11am
Quoting Elflaco
{quote} I guess you took the trade at 0.00 GMT candle with opening at EMA? I missed it because I was sleeping and saw it when I went to the bathroom. Deciced to stay awake and wait on the retrace back to EMA. It did retrace, so I could still enter long. With the top SAR attachment and Green EMA arrow confirmed in the mean time it looks like a great long entry. H1 ROMAR is still resistance, but with H2 consolidating about 14 hours at H2 ROMAR support this long entry was very well expected. Off to bed!
About my trade from today, which is still running at -15 pips at the moment: I did see the situation on the Daily at point of entry, but wasn't quite sure what to expect from it. 4 horsemen were in uptrend, but open candle was at Smooth, so I thought it could be a beginning consolidation. My TP is at White so in my opinion, with the upwards momentum on H2 and the consolidated uptrend on Daily (horsemen uptrend, ROMAR downtrend), that was a realistic target. At the moment things start to turn on H2 and although we still have PSAR and ROMAR support on H2, things aren't looking as good as they did.

I can imagine Dove is shaking his head, because I'm not seeing what the Daily chart is telling me, and therefore maybe got in at the wrong time, but what do you guys think about the story the Daily chart is telling us today? I recognize the Daily ROMAR as stopper on the Daily chart, but with the turn on H2 in upswing with ROMAR and later EMA and PSAR as support and Daily 4 horsemen still working as support, it looked like a 40 pip trade to me.

Any ideas?
  • #6,313
  • Sep 6, 2016 3:32am Sep 6, 2016 3:32am
Quoting Elflaco
{quote} About my trade from today, which is still running at -15 pips at the moment: I did see the situation on the Daily at point of entry, but wasn't quite sure what to expect from it. 4 horsemen were in uptrend, but open candle was at Smooth, so I thought it could be a beginning consolidation. My TP is at White so in my opinion, with the upwards momentum on H2 and the consolidated uptrend on Daily (horsemen uptrend, ROMAR downtrend), that was a realistic target. At the moment things start to turn on H2 and although we still have PSAR and ROMAR...
I'm in this the same as you - and I'm still in, also. The main thing I see is resistance at Daily 61.8 Fibo and H2 ROMAR. That's why I'm still in it.

Edit: I mean support not resistance
  • #6,314
  • Sep 6, 2016 3:57am Sep 6, 2016 3:57am
Quoting InDaMoment
{quote} I'm in this the same as you - and I'm still in, also. The main thing I see is resistance at Daily 61.8 Fibo and H2 ROMAR. That's why I'm still in it. Edit: I mean support not resistance
I'm also in long since a couple of bars ago at 115.517

the picture seemed to have changed rapidly.

I have very conflicted ideas about this trade because of the way it has evolved now:
- 1 hour: the horsemen have completely turned, EMA is sliding under ROMAR. there is a red EMA arrow followed by a MACD arrow down so everything is going down there

- 2 hour: horsemen have turned but the PSAR is still support (although eliminated by P/W crossing) we'll see if it will flip. we do have a red EMA arrow although against the ROMAR trend.
- we do have a SAR attachment which I believe is the indication of a new trend.

so we are in consolidation in between the 1 and 2 hour.

- the daily: we're in against the ROMAR and P/W looks like it will turn. but there I have said it, it looks like it will turn, so it hasn't turned yet and the horsemen and EMA are still going up.

all in all I think we had a good entry and we just have to let it play out. it would be very interesting if dove could point us in the right direction if he decides to come back
  • #6,315
  • Sep 6, 2016 4:37am Sep 6, 2016 4:37am
Quoting Jens89
{quote} I'm also in long since a couple of bars ago at 115.517 the picture seemed to have changed rapidly. I have very conflicted ideas about this trade because of the way it has evolved now: - 1 hour: the horsemen have completely turned, EMA is sliding under ROMAR. there is a red EMA arrow followed by a MACD arrow down so everything is going down there - 2 hour: horsemen have turned but the PSAR is still support (although eliminated by P/W crossing) we'll see if it will flip. we do have a red EMA arrow although against the ROMAR trend. - we do...
Yes, I'm going to let mine play out too. But, the next time this happens I'm going to invoke The Dove's rule: Close the trade when White crosses Purple.
  • #6,316
  • Sep 6, 2016 7:43am Sep 6, 2016 7:43am
Here is my trade for the short:

Attached Image


The trade was taken off the Daily ROMAR; and the reason? Is because the Daily ROMAR is still Resistance until if crosses EMA. It matters not if a candle violates ROMAR - ROMAR will continue to be Support/Resistance until the crossing of EMA. That is the rule. And once a candle does violate ROMAR then it will return to its original position. That is on all charts and also - that is the rule.
The Dove - Forex Trainer
  • #6,317
  • Sep 6, 2016 8:04am Sep 6, 2016 8:04am
One more thing - all your trading plans and each trade is to executed accordingly to the rules of the Paradox and trading. Each of you are trading to what you think is going to happened and no-rules are being applied. I suggest in taking your precious time and learn the rules before you even think of trading. All the rules are on this thread and all you need to do is study them and apply them with your plans and trading. Or else you will continue to lose your trades.
The Dove - Forex Trainer
  • #6,318
  • Sep 6, 2016 8:19am Sep 6, 2016 8:19am
Quoting dove_alliance
One more thing - all your trading plans and each trade is to executed accordingly to the rules of the Paradox and trading. Each of you are trading to what you think is going to happened and no-rules are being applied. I suggest in taking your precious time and learn the rules before you even think of trading. All the rules are on this thread and all you need to do is study them and apply them with your plans and trading. Or else you will continue to lose your trades.
Hi Dove, I have to say that I am a bit confused.

when I took my long this morning (GMT) I followed the rules in my eyes

on the 1 hour, the horsemen were trending up, EMA below ROMAR

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on the 2 hour, the horsemen are trending up. we have got a SAR attachment which shows an indication of the new trend.

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on the daily the horsemen are also trending up. you are right, the daily is still down with ROMAR above EMA. but I am honestly baffled at your exact short at ROMAR, fully ignoring what is going on on the 1 and 2 hour timeframes. besides, there is no purple / white cross on the daily either. also in order for the EMA to move above the ROMAR, the market has to move higher to make the cross happen.

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  • #6,319
  • Sep 6, 2016 8:36am Sep 6, 2016 8:36am
Quoting Jens89
{quote} Hi Dove, I have to say that I am a bit confused. when I took my long this morning (GMT) I followed the rules in my eyes on the 1 hour, the horsemen were trending up, EMA below ROMAR {image} on the 2 hour, the horsemen are trending up. we have got a SAR attachment which shows an indication of the new trend. {image} on the daily the horsemen are also trending up. you are right, the daily is still down with ROMAR above EMA. but I am honestly baffled at your exact short at ROMAR, fully ignoring what is going on on the 1 and 2 hour timeframes....
Let me be honest with you trader - you are one I totally ignore because you THINK and not abide with the rules. But I am making this post for the benefit of the others.

The rule is ROMAR has the power for the whole system. Right now you are in a ROMAR consolidation with ROMAR up on both the H1 and H2 with the Daily ROMAR down. Now go back and read the rules for ROMAR and just maybe you will learn something.
The Dove - Forex Trainer
  • #6,320
  • Sep 6, 2016 8:52am Sep 6, 2016 8:52am
Quoting dove_alliance
{quote} Let me be honest with you trader - you are one I totally ignore because you THINK and not abide with the rules. But I am making this post for the benefit of the others. The rule is ROMAR has the power for the whole system. Right now you are in a ROMAR consolidation with ROMAR up on both the H1 and H2 with the Daily ROMAR down. Now go back and read the rules for ROMAR and just maybe you will learn something.
I have been studying very hard and I am here to make mistakes and learn from them. I am also only human and I am open to your teachings and clarifications. the first of September I did make a long and I took my profit target before the daily ROMAR because it is resistance. Dove, I am not here to argue or question you at all but only to learn from you. I learn every day and today you have taught me another valuable lesson. thank you
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