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The Paradox System

  • #7,041
  • Dec 22, 2016 3:42pm Dec 22, 2016 3:42pm
Quoting leeleany
You passion for life is inspiring! your devotion to this thread and your ministry. I have learned so much in such a short time. I thank our creator for choosing you to share this in spired work with use. Thanks Dove
It is good to thank our Lord and inspiring. I am only the messenger as He is the source. And all good things comes from our Lord that gives Him praise and Glory. I am nothing but only His vessel and being the vessel He is there for me each and every day.
The Dove - Forex Trainer
  • #7,042
  • Dec 22, 2016 3:58pm Dec 22, 2016 3:58pm
Quoting dove_alliance
{quote} It is good to thank our Lord and inspiring. I am only the messenger as He is the source. And all good things comes from our Lord that gives Him praise and Glory. I am nothing but only His vessel and being the vessel He is there for me each and every day.
I thank our Lord for the messages He gives through his messenger in the last few days. To Him be the glory. Amen.
  • #7,043
  • Dec 22, 2016 5:04pm Dec 22, 2016 5:04pm
Date: December 22/16
Session: Asian

Daily:
ROMAR - Support
EMA - Support
PSAR - Support but eliminated with purple cross white
Check List:
Last MACD 0 crossing: down
Last EMA Alert Arrow: Up
Last DB Attachment:124.084 top
Last Sar Attachment: with Db
Fibo up or down: Down
Notes: B bands are contracting

2 HR:
OPEN PRICE - 122.606
ROMAR - Support
EMA - Support
PSAR - Résistance
Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: 123.186
Last Sar Attachment: with db at 123.186
Fibo up or down: Down
Notesurple at Ema possible cross or slider flip of PSAR and MACD, market right at Romar

1 HR:
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing:down
Last EMA Alert Arrow: down
Fibo up or down: down
Notes: Last candle closed below ROMAR,4 horseman are lined .

Final Notes for all three charts: 1hr and 2hr are in agreement for a down trend.23.8 fib is still strong support for daily.

Entry:
even though all signs are for a short I am waiting on the market to break below 50% on 1hr and 38% on 2hr would be for a short and the a retrace to purple or ema
Long: If Romar holds wait for Purple to cross White and the go long.

Short: Even though all signs are for a short I am waiting on the market to break below 50% on 1hr and 38% on 2hr would be for a short and the a retrace to purple or ema

Notes for readjustments:

All feed back is welcome, Thank you
  • #7,044
  • Dec 22, 2016 5:16pm Dec 22, 2016 5:16pm
Quoting dove_alliance
My H2 chart is attached showing exactly what your chart should be showing. If your charts are not looking like the one below then you have a problem. That includes all indicators the same as below, the spread of 39 bars showing below; and if they are not means: 1 - you did not spend the time making the adjustment on your platform. 2 - you do not have the correct resolution on your monitor of 1600 x 900. or 3 - you are using a broker that compromises their MT4 platform. {image}
I believe the MA arrows weren't included on the H2 chart correct? That is the only indicator I see missing
  • #7,045
  • Dec 22, 2016 5:26pm Dec 22, 2016 5:26pm
Quoting leeleany
Date: December 22/16 Session: Asian Daily: ROMAR - Support EMA - Support PSAR - Support but eliminated with purple cross white Check List: Last MACD 0 crossing: down Last EMA Alert Arrow: Up Last DB Attachment:124.084 top Last Sar Attachment: with Db Fibo up or down: Down Notes: B bands are contracting 2 HR: OPEN PRICE - 122.606 ROMAR - Support EMA - Support PSAR - Rsistance Check List: Last MACD 0 crossing: Down Last EMA Alert Arrow: Down Last DB Attachment: 123.186 Last Sar Attachment: with db at 123.186 Fibo up or down: Down Notesurple...
Very good plan leeleany. It's quite unsure where it's headed now because of the Daily in tight consolidation. Very good that you are waiting on confirmation. I've decided to go long just for learning experience and honestly this is a terrible time to trade. I'm just doing it to learn. Will post my plan and entry shortly.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,046
  • Dec 22, 2016 5:30pm Dec 22, 2016 5:30pm
Here is my trade and plan and guys this a bad time to trade so if you post a plan let it be for experience and nothing else. Big banks are gone for the holidays.
Merry Christmas my friends and here is my Christmas plan and entry.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurjpy trading plan December 22.jpg Size: 208 KB
Click to Enlarge Name: eurjpy.png Size: 73 KB
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,047
  • Dec 22, 2016 5:44pm Dec 22, 2016 5:44pm
Quoting dove_alliance
{quote} You can trade your plan any way you feel comfortable with so no problem with how you format your trading plan. On your plan confirmation with ROMAR crossing EMA was at opening yesterday with both EMA and ROMAR as support. You was late for the entry and I believe you came short of the 40. You need to trade the H2 chart and use the H1 as conformation for sync and confluence only. If you had taken the long off the Parabolic support with ROMAR and EMA as support you would had gotten your 40 without any pain whatsoever.
Hi Dana,

Thanks for the response. I thought I had missed the original entry - and yes you were 100% right my trade got within 2 pips of TP before the move back towards support.

Question on that - in the case of waking up to find a situation where I've missed my TP and the trade is against me - Do I still allow my trade to go until it stops itself out or do I stop it out before the 40pip SL when I wake up? I'm indifferent as I want to make the trade and get used to not watching it because I find that I then don't let my trades run fully? Ie. have faith in my entry and the paradox.

Thanks
Nick
  • #7,048
  • Dec 22, 2016 5:58pm Dec 22, 2016 5:58pm
Thanks Chip, One of my many bad trading habits is trying to predict the market, what is refreshing for me with this system is the rules. There are a lot of them to learn but once learned the questing is over. The trading plan has really helped me, as I fill it out it points out all the areas to pay attention to. I read you post the other day were it even help you with your delivery route I do fill this system is truly inspired.
Cheer and Merry Christmas
  • #7,049
  • Dec 22, 2016 6:10pm Dec 22, 2016 6:10pm
Quoting Clip75
{quote} Hi, I like your coloured plan. Nothing wrong with that. I was just wondering one thing tho. Why do you have 48 bars showing on your charts? It will mess with your fibo. Does anybody know the reasoning behind the 40 bars. Maybe something to do with being close to the fib number 38.2? Are you still in that trade? I think you have around 10 pips to take profit. Edit: nevermind news is blowing that trade the opposite way. I hope you got out 5 minutes before.
Hi Chris - thanks for pointing that out re the candles - much appreciated! I ended up being 2 pips away from TP which is disappointing but a good learning trade.

Quoting dove_alliance
{quote} And also the correct spread with the correct resolution.
Dana - I've got a multi-panel setup similar to your Falcon Trading System (I was originally going to get one of theirs but wasn't cost effective to ship to Australia so I built one a couple months back - I tried trading previously without enough visibility and it was painful trying to flick between charts).

What I wanted to ask is do you run another EA or plugin for MT4 so that you can have your charts on different monitors? I've been running MT4 Floating Charts which allows you to have Daily on one screen, H1 on another etc. My setup is below I have H1 on left - H2 front and centre and Daily to the right. Is there something else you would recommend that would be more compliant with Paradox for having charts all visible on different screens?

Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20161223_105632.jpg Size: 437 KB
  • #7,050
  • Dec 22, 2016 6:12pm Dec 22, 2016 6:12pm
Quoting leeleany
Thanks Chip, One of my many bad trading habits is trying to predict the market, what is refreshing for me with this system is the rules. There are a lot of them to learn but once learned the questing is over. The trading plan has really helped me, as I fill it out it points out all the areas to pay attention to. I read you post the other day were it even help you with your delivery route I do fill this system is truly inspired. Cheer and Merry Christmas
The paradox predicts the market not us. Dove is a mere vessel if you will. Like he said the Creator is there for him every day. I've come to believe that there are only
4 rules to this system. 1. trading plan 2. trading plan 3. trading plan and last but not least number 4. repeat the first three rules. Cheers guys.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,051
  • Dec 22, 2016 6:13pm Dec 22, 2016 6:13pm
Quoting whitford
{quote} Hi Dana, Thanks for the response. I thought I had missed the original entry - and yes you were 100% right my trade got within 2 pips of TP before the move back towards support. Question on that - in the case of waking up to find a situation where I've missed my TP and the trade is against me - Do I still allow my trade to go until it stops itself out or do I stop it out before the 40pip SL when I wake up? I'm indifferent as I want to make the trade and get used to not watching it because I find that I then don't let my trades run fully?...
Well Nick - the rules is an ever lasting lesson which means you trade by the rules all your life. If you begin compromising the rules then you become lazy and then start compromising your trades and eventually you are frustrated and you find yourself in a pit of a loser. Trading is also about setting the rules for your environment; the hours you set for trading; hours you set for rest; hours you set for family and friends; and the list goes on. In other words you control everything. Until you are at the point of confidence you still have to trade by the rules; and then the confidence can place you in an environment you are comfortable with. It takes heart and strength not to vary off the path of success. It is all up to you in how you control everything when it comes to trading.
The Dove - Forex Trainer
  • #7,052
  • Dec 22, 2016 6:20pm Dec 22, 2016 6:20pm
Quoting dove_alliance
{quote} Well Nick - the rules is an ever lasting lesson which means you trade by the rules all your life. If you begin compromising the rules then you become lazy and then start compromising your trades and eventually you are frustrated and you find yourself in a pit of a loser. Trading is also about setting the rules for your environment; the hours you set for trading; hours you set for rest; hours you set for family and friends; and the list goes on. In other words you control everything. Until you are at the point of confidence you still have...
Hi Dana - I couldn't agree more I've done it the other way and I know (the expensive way) that it does not work! Trading is definitely not for the faint of heart or those lacking faith. Thank you so much for your contribution and sharing all of this with us. My resolution now and for next year is to be very fixed in my hours of trading as well - that has been my down fall of late as I haven't been on trading early enough for the Sydney open where a lot of the trades correct entries are within one candle or so of opening.
  • #7,053
  • Dec 22, 2016 6:20pm Dec 22, 2016 6:20pm
Quoting whitford
{quote} Hi Chris - thanks for pointing that out re the candles - much appreciated! I ended up being 2 pips away from TP which is disappointing but a good learning trade. {quote} Dana - I've got a multi-panel setup similar to your Falcon Trading System (I was originally going to get one of theirs but wasn't cost effective to ship to Australia so I built one a couple months back - I tried trading previously without enough visibility and it was painful trying to flick between charts). What I wanted to ask is do you run another EA or plugin for MT4...
I have a script that I use to release my chart from the MT4 platform and move them to the other screens.
The Dove - Forex Trainer
  • #7,054
  • Dec 22, 2016 6:21pm Dec 22, 2016 6:21pm
Quoting whitford
{quote} Hi Chris - thanks for pointing that out re the candles - much appreciated! I ended up being 2 pips away from TP which is disappointing but a good learning trade. {quote} Dana - I've got a multi-panel setup similar to your Falcon Trading System (I was originally going to get one of theirs but wasn't cost effective to ship to Australia so I built one a couple months back - I tried trading previously without enough visibility and it was painful trying to flick between charts). What I wanted to ask is do you run another EA or plugin for MT4...
Very nice setup and I could not resist a reply I am sorry. Along with being a truck driver I am also an audio engineer and have a recording studio built in my garage. Your setup reminded me of my multiple monitors and endless equipment. Merry Christmas Whitford.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,055
  • Dec 22, 2016 6:34pm Dec 22, 2016 6:34pm
Quoting dove_alliance
{quote} I have a script that I use to release my chart from the MT4 platform and move them to the other screens.
Okay no problem - It was actually a resolution issue I've dropped my top screens down to 1600 x 900 and now the charts are displaying correctly.
Thanks
Nick
  • #7,056
  • Dec 22, 2016 6:35pm Dec 22, 2016 6:35pm
Quoting dove_alliance
{quote} I have a script that I use to release my chart from the MT4 platform and move them to the other screens.
Any chance we could get the script?
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,057
  • Dec 22, 2016 6:41pm Dec 22, 2016 6:41pm
Quoting Clip75
{quote} Any chance we could get the script?
Hey Chris - this is the link to the script I use (which does work my screen res was just too high): http://www.floatingcharts.com/
  • #7,058
  • Dec 22, 2016 6:43pm Dec 22, 2016 6:43pm
Quoting Clip75
{quote} Very nice setup and I could not resist a reply I am sorry. Along with being a truck driver I am also an audio engineer and have a recording studio built in my garage. Your setup reminded me of my multiple monitors and endless equipment. Merry Christmas Whitford.
Haha boys and toys Chris - we never really grow up All the best for Christmas to you and your family. Nick
  • #7,059
  • Dec 22, 2016 6:48pm Dec 22, 2016 6:48pm
Hang on with the script that was just posted with a trial. I will give you a free one.
The Dove - Forex Trainer
  • #7,060
  • Dec 22, 2016 6:54pm Dec 22, 2016 6:54pm
Quoting whitford
{quote} Hey Chris - this is the link to the script I use (which does work my screen res was just too high): http://www.floatingcharts.com/
Thanks Nick. I currently keep my recording and trading separate hense the fact that I trade from a laptop. I don't comprise my recording setup whatsoever and always keep my network access to minimal on it. I do not trust my wifi for personal info and plus on top of that I was trained to be a recording engineer from the oldschool guys and there was no internet. I have the perfect setup with older computers and will never upgrade. The best recordings were made in the 70's to 90's. My 2 cents. Trading is different. You do need to always be updated with the mt4 and brokers.
Behind the curtain's mystic fold The glowing future lies unrolled!!
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