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The Paradox System

  • #7,461
  • Jan 12, 2017 5:42pm Jan 12, 2017 5:42pm
Quoting whitford
{quote} Haha thanks Shaun - definitely rinse and repeat! You're 100% right though at the time I had thought it was very tight from my late entry but when I got to the computer this morning I could see there was plenty more room in the trade after my 40 tp. Like Dana said above I'll not hesitate on this type of trade in the future. It's a great feeling getting use to the ebb and flow that the paradox provides so long as I can learn and practice going with it Thanks for your feedback and support. Plenty more to learn looking forward to many...
Good job Whitford. I can see that you trust the paradox. I'm slowly getting there and starting to see the future. I've made some recent trades where I completely saw the future as well and it's at those times that we as traders can really let go because of the total faith in believing what's about to happen. Man it takes a lot of work to get to that point and I know that I will get past my overthinking and simplify the process. That is my challenge. I took that trade higher after the ema rejection but I shouldn't be posting that win because I did not post a plan. Congrats.

edit: Dove will let me know when I should stop posting plans as well so I will still be posting them before my trades :-)
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,462
  • Jan 12, 2017 7:09pm Jan 12, 2017 7:09pm
Quoting Clip75
{quote} Good job Whitford. I can see that you trust the paradox. I'm slowly getting there and starting to see the future. I've made some recent trades where I completely saw the future as well and it's at those times that we as traders can really let go because of the total faith in believing what's about to happen. Man it takes a lot of work to get to that point and I know that I will get past my overthinking and simplify the process. That is my challenge. I took that trade higher after the ema rejection but I shouldn't be posting that win because...
Keep posting your trading plans Chris, until I see you got the edge. You're not there yet. If Shaun sees it before me - he will also let you know
The Dove - Forex Trainer
  • #7,463
  • Edited 8:29pm Jan 12, 2017 8:19pm | Edited 8:29pm
Quoting dove_alliance
{quote} Keep posting your trading plans Chris, until I see you got the edge. You're not there yet. If Shaun sees it before me - he will also let you know
Will do. I appreciate that you will tell me when I have graduated. I would like a diploma after all this as well please. JK. This system has been harder than I studied for my audio engineer diploma.

Note: Not a bad idea though. Would be cool to have a certificate saying that I've been "Dove_Alliance Approved" for forex trading.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,464
  • Jan 12, 2017 8:39pm Jan 12, 2017 8:39pm
Quoting Clip75
{quote} Would be cool to have a certificate saying that I've been "Dove_Alliance Approved" for forex trading.
Imagine that... That would be amazing... Dana and Shaun Diploma in my wall with his written hand. That for sure would be AMAZING AWESOME!
  • #7,465
  • Jan 12, 2017 8:48pm Jan 12, 2017 8:48pm
Quoting Contrax
{quote} Imagine that... That would be amazing... Dana and Shaun Diploma in my wall with his written hand. That for sure would be AMAZING AWESOME!
Think Dove will go for it???
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,466
  • Jan 12, 2017 8:57pm Jan 12, 2017 8:57pm
Quoting Clip75
{quote} Think Dove will go for it???
You guys will know it without a diploma when you hit 80% of 40/40 trades. That means no short-cuts of 20/40, or 10/40, or 30/40. That means 80% of 40/40 trades without taking profit manually. You make your entry with 40 TP and 40 SL, and you let it ride to whichever side you get. Once you have hit 40 profit on 80% of your trades then you are ready to go live; and not until then.
The Dove - Forex Trainer
  • #7,467
  • Jan 12, 2017 9:04pm Jan 12, 2017 9:04pm
This is what I am talking about: here is my live account since Jan 1st through today.
Attached Image (click to enlarge)
Click to Enlarge Name: January Profit.PNG Size: 9 KB
The Dove - Forex Trainer
  • #7,468
  • Jan 12, 2017 9:06pm Jan 12, 2017 9:06pm
Quoting dove_alliance
{quote} You guys will know it without a diploma when you hit 80% of 40/40 trades. That means no short-cuts of 20/40, or 10/40, or 30/40. That means 80% of 40/40 trades without taking profit manually. You make your entry with 40 TP and 40 SL, and you let it ride to whichever side you get. Once you have hit 40 profit on 80% of your trades then you are ready to go live; and not until then.
You are so humble and a great teacher. I'm impressed. Would you think it over?? All I'm suggesting is after we are at 80% is a signed certificate emailed to us. I won't bring it up again as to not offend. Say if you give us a scenario with all three charts(not live) Daily, H2, and h1 and give us three tests. If we pass all three with the outcome then we graduate. Ok I'm done. Sorry to be pushy but we are hungry students.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,469
  • Jan 12, 2017 9:07pm Jan 12, 2017 9:07pm
Quoting dove_alliance
This is what I am talking about: here is my live account since Jan 1st through today. January Profit.PNG;2138527 {image}
That is amazing sir!!
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,470
  • Jan 12, 2017 9:15pm Jan 12, 2017 9:15pm
Quoting dove_alliance
{quote} You guys will know it without a diploma when you hit 80% of 40/40 trades. That means no short-cuts of 20/40, or 10/40, or 30/40. That means 80% of 40/40 trades without taking profit manually. You make your entry with 40 TP and 40 SL, and you let it ride to whichever side you get. Once you have hit 40 profit on 80% of your trades then you are ready to go live; and not until then.
I mean, anything writting by you should be amazing to have. Any Quote, any advice writting with hand and signed by you. Hahaha im wishing too much i believe omg now im imaging that with a Picture. I better stop wishing things and stay focus in the market haha.
  • #7,471
  • Jan 12, 2017 9:26pm Jan 12, 2017 9:26pm
Quoting Contrax
{quote} I mean, anything writting by you should be amazing to have. Any Quote, any advice writting with hand and signed by you. Hahaha im wishing too much i believe omg now im imaging that with a Picture. I better stop wishing things and stay focus in the market haha.
Now you are reading my mind as well. You should be amazing at predicting the markets too.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,472
  • Jan 12, 2017 9:30pm Jan 12, 2017 9:30pm
Quoting Clip75
{quote} Now you are reading my mind as well. You should be amazing at predicting the markets too.
Hahaha i wish to have the Mind of Shaun and Dana at the same time.

For now, im enjoying the fight between the 4 horsemen vs the Sar Label 122.216 and his ally Romar @ H2 .
  • #7,473
  • Edited 10:07pm Jan 12, 2017 9:52pm | Edited 10:07pm
Quoting Contrax
{quote} Hahaha i wish to have the Mind of Shaun and Dana at the same time. For now, im enjoying the fight between the 4 horsemen vs the Sar Label 122.216 and his ally Romar @ H2 .
I've been watching that fight for way too long. I was hoping market would get to H2 Romar and fib 61.8 to short but with overnight news I'm giving up on that. The entry was right at the open of 1700 for 40. I had a gut feeling but did not enter. Why are so many 40 pips entries right at the open of Asian. Interesting.


Edit: I shouldn't say gut feeling because I saw all the evidence and hesitating on pulling the trigger. Ema was crossing purple on h2. Daily was in retrace and h1 had ema slider under horsemen with enough pips to resistance. Parabolics aligned on both H1 and h2 and both fibs green along with macd up on H1 and H2.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,474
  • Jan 12, 2017 11:07pm Jan 12, 2017 11:07pm
Quoting whitford
{quote} Haha thanks Shaun - definitely rinse and repeat! You're 100% right though at the time I had thought it was very tight from my late entry but when I got to the computer this morning I could see there was plenty more room in the trade after my 40 tp. Like Dana said above I'll not hesitate on this type of trade in the future. It's a great feeling getting use to the ebb and flow that the paradox provides so long as I can learn and practice going with it Thanks for your feedback and support. Plenty more to learn looking forward to many...
Did you trade tonight whitford? I'd be interested in hearing if you caught the initial move before consolidation on H2. Cheers.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,475
  • Jan 13, 2017 3:44am Jan 13, 2017 3:44am
ok here is my first daily plan feedback welcome!

Daily Plan for 13 of January 2017
Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Last EMA - Down
DB/SAR Attachment 121.18
Fibo - Red
Notes: Daily is in Consolidation 4 horsemen lined up for down, with DB/SAR and divergence attached at break of bollingers
2 HR:

OPENING PRICE: 121.69
ROMAR - Resistance
EMA - Support
PSAR - Support

Last EMA - Up
Last DB Attachment is 122.13
Fibo green
Notes: 4 Horsemen lined up for the up currently approaching Romar resistance
1 HR:
ROMAR - Resistance
EMA - support
PSAR - support
last EMA - up
last SAR - 121.86
Fibo - green
Consolidation -

entry long - off SAR attachment support with confluence ( fib/parabolic )
entry short - bounce of 2h romar which is within 20 pips daily purple and daily 61.8 fib ( confluence ) for continuance of daily down swing. wait on
1h/2h sync before pulling the trigger!
  • #7,476
  • Jan 13, 2017 6:38am Jan 13, 2017 6:38am
Quoting Derek73
ok here is my first daily plan feedback welcome! Daily Plan for 13 of January 2017 Daily: ROMAR - Support EMA - Resistance PSAR - Resistance Last EMA - Down DB/SAR Attachment 121.18 Fibo - Red Notes: Daily is in Consolidation 4 horsemen lined up for down, with DB/SAR and divergence attached at break of bollingers 2 HR: OPENING PRICE: 121.69 ROMAR - Resistance EMA - Support PSAR - Support Last EMA - Up Last DB Attachment is 122.13 Fibo green Notes: 4 Horsemen lined up for the up currently approaching Romar resistance 1 HR: ROMAR - Resistance EMA...
Hello Derek and welcome to the thread.

If or when you get your entry, post your chart and entry. Once it is completed, we can go through your plan.

It takes a lot of guts to post your plan, so well done for that.

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,477
  • Jan 13, 2017 7:16am Jan 13, 2017 7:16am
Hi,

My tradingplan for today. Maybe a bit late.

I liked the layout of whitford, so i copied his layout.

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 28 KB
  • #7,478
  • Jan 13, 2017 10:26am Jan 13, 2017 10:26am
Hello Traders

I just wanted to post something that you will hopefully find useful. I noticed on some plans that some of you touched upon the Daily Lower BB being hit. But that's it, nothing else was said about it. It is a very significant event when the BB is touched like that, just scroll back and see for yourself.

As soon as it happened my ears pricked up and it was headline news on my plan.

Let me just go through with you what I saw and what was on my plan, step by step:

1) On the 11th, there was a hit on both the 2hr and Daily Lower BB.
2) The rule regarding Hits on the BB on a Downtrend/Consolidated Downtrend are that the market will retrace either to a) Purple and or b) Consolidate sideways to Smooth. The market basically did both of those things plus you got the SAR attach for the short back into the Trend.
3) On the 12th, we again got the Lower Daily BB been hit.
4) At the same time, the 2hr Lower BB was not hit, and we moved down for divergence to show.

So yesterday the 2hr Lower BB was not hit. That doesn't mean you just buy, but it does mean you should now be paying attention for the turn.

Here is the 2hr Chart, with 2 arrows on it:

Attached Image (click to enlarge)
Click to Enlarge Name: EJ 130117.jpg Size: 408 KB


The first arrow is exactly where I planned on buying. The reason I didn't is it did not close above 2hr Smooth. Look at the low of that bar, it is exactly the same as the Daily Lower BB. We had already had the EMA arrow up, and were waiting on the MACD up arrow. If that bar would have closed above 2hr Smooth, the MACD would also have been an arrow up.

So 1) Daily Lower BB
2) EMA/MACD set for the Turn Up
3) A retrace and retest of Support and
4) Purple/Smooth cross happening very quickly.

That is perfect confluence and a sure fire trade. And when these come up, you can already have 40 pips before the next more normal set up occurs,which is the 2nd arrow, because you are getting in at the lowest possible point.

I have to tell you that I absolutely LOVE trading from the BB's, because you know that you are getting in at the best possible area. You just have to make sure you understand when you can and when you can't, otherwise you will get burnt.

Whilst I am at it, there is another very important point here, and that is Daily Purple. The market never likes to be away from Daily Purple for too long, again scroll back and take a look. As Dana puts it, balance is very important with the Daily Purple. So that was another point to be noted.

Moving on to the 2nd Arrow. After the first missed trade you basically have two options, one is to buy the close above the EMA, remembering that PSAR is no longer Resistance after the White/Purple Cross. Ideally you want it to be just above the EMA. Or the 2nd option is to wait on a retrace to Purple/EMA as they are set for the cross and the PSAR flips.

Either of those trades you could take up to the 2hr ROMAR, which is also, yes you guessed it, Daily Purple! If you were that way inclined you could also have added, news permitting, at the 2hr opening at Smooth.

And that is the power of the Paradox my friends.

I hope that makes sense and helps. It certainly helps me writing these posts.

Have a great weekend.

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,479
  • Jan 13, 2017 1:35pm Jan 13, 2017 1:35pm
Attached Image (click to enlarge)
Click to Enlarge Name: trade.jpg Size: 26 KB
Quoting shinny
{quote} Hello Derek and welcome to the thread. If or when you get your entry, post your chart and entry. Once it is completed, we can go through your plan. It takes a lot of guts to post your plan, so well done for that. Shaun
Thanks Shinny for your guidance it's really appreciated! I took a short trade even though it wasn't exactly to plan, I felt there was enough confluence. I entered short as we had SAR price tag, divergence attached, hit on 2h Romar, hit on 2h 61.8 fib and near enough to daily purple. I felt this was enough even with the hit on daily Bollinger bands. maybe I was lucky as the DB/SAR attachment on the daily was saying up to me I felt the 2h was in control as Dove often mentions. please any feedback welcome, I have tried to enclose the screen shots hope iv'e sone them ok. cheers have a good weekend everybody : )
Attached Image (click to enlarge)
Click to Enlarge Name: trade.png Size: 93 KB
  • #7,480
  • Jan 13, 2017 2:55pm Jan 13, 2017 2:55pm
Quoting Derek73
trade.jpg;2139762{quote} Thanks Shinny for your guidance it's really appreciated! I took a short trade even though it wasn't exactly to plan, I felt there was enough confluence. I entered short as we had SAR price tag, divergence attached, hit on 2h Romar, hit on 2h 61.8 fib and near enough to daily purple. I felt this was enough even with the hit on daily Bollinger bands. maybe I was lucky as the DB/SAR attachment on the daily was saying up to me I felt the 2h was in control as Dove often mentions. please any feedback welcome, I have tried to enclose...
I wonder if Dana or Shinny can answer this. Couldn't that trade have went up a lot higher with so much Usd news all day long and being Friday the smart money is closing a lot of positions causing instability. Very nice trade to end the week.
Behind the curtain's mystic fold The glowing future lies unrolled!!
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