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  • #7,481
  • Jan 13, 2017 4:36pm Jan 13, 2017 4:36pm
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...
Hello Derek

No you weren't lucky, it was a good trade. However, you failed to mention Daily Purple in your plan, for the short and the market getting in balance. But I'll give you one thing - you read my post and quickly adjusted, in your own mind at least your plan, and took a great short for a great 40 pips.




And you didn't hesitate, you traded in the moment and saw an opportunity - that's a trader if I've ever seen one.

I'm impressed how you were so flexible and not rooted to the floor. Once you learn the rules fully, and if you stay the course, you can be good.

Dana has taught us that its very, very, very dangerous to trade against the 2hr PSAR, but you did a great trade, working from what happened on the Daily chart and using confluence to enter.

I'm not sure what is going on with the big gaps in text, I tried to delete, add, cut etc but nothing would happen, so please excuse them!

Blessings to Us All

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,482
  • Jan 13, 2017 5:00pm Jan 13, 2017 5:00pm
Quoting Clip75
{quote} 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.
Hi

If I may I will try and answer this question. The first thing to say is about so-called smart money. There isn't such a thing as smart money. If there were, all this supposed smart money would have our socks up and down each day, so we wouldn't know if we were North or South. And none of us would be making money after all these years.

That trade went to the 2hr ROMAR, Daily Purple, and nearly gave Smooth a mid-bar kiss, as per the rules. The "News" is 90% in the same direction of our trade - if you are getting it right.

Regarding Friday - let me ask you, what do you do with a position on a Friday? You close it, at least I hope you do.

Your "question" is stating the obvious, and clearly you've skipped some of the rules. Forget about getting a Certificate, or a Diploma, I have to be honest when I woke up and read that I rubbed my eyes and thought I was still asleep, I couldn't believe what I was reading.

Dana isn't giving away and teaching this system to give you a pat on the back, and I'm not wasting paper and ink printing "Diplomas" for you to, badly, hang in your bathrooms.

And this applies to everyone.

Catch yourselves on!
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,483
  • Jan 13, 2017 5:36pm Jan 13, 2017 5:36pm
Quoting shinny
{quote} Hi If I may I will try and answer this question. The first thing to say is about so-called smart money. There isn't such a thing as smart money. If there were, all this supposed smart money would have our socks up and down each day, so we wouldn't know if we were North or South. And none of us would be making money after all these years. That trade went to the 2hr ROMAR, Daily Purple, and nearly gave Smooth a mid-bar kiss, as per the rules. The "News" is 90% in the same direction of our trade - if you are getting it right. Regarding Friday...
Thanks for the reply,
Ok no certificate. I did not know that about the news going with the paradox 90%. I know to close my positions on Friday but I just thought that with medium impact Usd news going off all day today and Friday generally not good for trading that although this was a good signal to short at h2 Romar, maybe it would have went higher because of these factors. But now you answered that.

Have a good weekend and thanks again for the great insight yesterday.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,484
  • Jan 13, 2017 11:20pm Jan 13, 2017 11:20pm
Dear Mr Dana

I hear a news that MT4 maybe replaced with MT5 totally
https://smnweekly.com/2016/11/15/met...ding-platform/
this news make me so worry with Paradox MT4. I like this system so much, because its my 2nd sword now for day trading. I think Paradox MT4 version cant be used again if MT4 totally change to MT5. I will be happy (maybe all member here too) if there is Paradox for MT5 in the future.
Thankyou very much Mr Dana for your generosity to share this system.

Neo
  • #7,485
  • Jan 13, 2017 11:59pm Jan 13, 2017 11:59pm
Is there a guide that condenses this thread or do I have to read the whole thread? I don't mean to sound lazy, but 375 pages is a lot
  • #7,486
  • Jan 14, 2017 1:34am Jan 14, 2017 1:34am
Hi Team,

Sorry for posting this late - my trade was still in motion when I left the office yesterday. I identified similar entries to Shaun (see white arrows for my entry candles).

Again - my entry wasn't as confident as what it should have been ie. at the retrace to support should have been where i pulled the trigger.

My rationale was that there was still enough for 40+ to the H2 ROMAR. This was a good test of faith as it was in play for a long time.

NB. I had two trades which were based on the two different signals - I wasn't getting greedy and trading twice for the day I was testing a different broker to compare spreads/execution. However this did provide me the opportunity to build some trust in reading what the paradox was telling me.

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Shaun this was incredibly insightful thank you for the time to explain this in detail The power of the paradox is incredible!

Quoting shinny
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...
All feedback very welcome thanks Nick
  • #7,487
  • Jan 14, 2017 1:39am Jan 14, 2017 1:39am
Quoting Clip75
{quote} Did you trade tonight whitford? I'd be interested in hearing if you caught the initial move before consolidation on H2. Cheers.
Hi Chris - sure did just posted plan and trades. Traded back up to the H2 ROMAR Still very much to learn as well! Have a great weekend.
Nick
  • #7,488
  • Jan 14, 2017 1:44am Jan 14, 2017 1:44am
Quoting shinny
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...
Just have to say again Shaun - the explanation of the daily purple is great - the market is never far from it at all (looking back through the daily). This is a pearl I haven't observed or picked up in my study. Thanks Nick
  • #7,489
  • Jan 14, 2017 9:26am Jan 14, 2017 9:26am
Quoting shinny
{quote} Hello Derek No you weren't lucky, it was a good trade. However, you failed to mention Daily Purple in your plan, for the short and the market getting in balance. But I'll give you one thing - you read my post and quickly adjusted, in your own mind at least your plan, and took a great short for a great 40 pips. And you didn't hesitate, you traded in the moment and saw an opportunity - that's a trader if I've ever seen one. I'm impressed how you were so flexible and not rooted to the floor. Once you learn the rules fully, and if you stay the...
Hi Shinny, thanks for your opinion it means a lot having read your past posts! I did make reference to the daily purple being within 20 pips of 2h Romar in my plan but sometimes still lack confidence in what I'm interpreting, also and I was hoping for the 1h/2h psar's to flip and be in sync for the down but they didn't, and like I said I thought there was enough confluence. I can't tell you how helpful it is for experienced traders like yourself having input with our trades, I believe it speeds up the learning curve drastically. I will post a new plan on Monday for the start of my day in GMT, and hope to see some others plans also as there is always something you can learn. Enjoy the rest of your weekend everyone : )
  • #7,490
  • Jan 14, 2017 9:37am Jan 14, 2017 9:37am
Quoting neo999
Dear Mr Dana I hear a news that MT4 maybe replaced with MT5 totally https://smnweekly.com/2016/11/15/met...ding-platform/ this news make me so worry with Paradox MT4. I like this system so much, because its my 2nd sword now for day trading. I think Paradox MT4 version cant be used again if MT4 totally change to MT5. I will be happy (maybe all member here too) if there is Paradox for MT5 in the future. Thankyou very much Mr Dana for your generosity to share this system. Neo
http://www.forexfactory.com/showthre...07#post9389107

http://www.forexfactory.com/showthre...80#post9389180
  • #7,491
  • Jan 14, 2017 9:39am Jan 14, 2017 9:39am
Quoting neo999
Dear Mr Dana I hear a news that MT4 maybe replaced with MT5 totally https://smnweekly.com/2016/11/15/met...ding-platform/ this news make me so worry with Paradox MT4. I like this system so much, because its my 2nd sword now for day trading. I think Paradox MT4 version cant be used again if MT4 totally change to MT5. I will be happy (maybe all member here too) if there is Paradox for MT5 in the future. Thankyou very much Mr Dana for your generosity to share this system. Neo
Well, my take on this is...enjoy until it last. I am here still on bendy learning curve but I can see massive potential in this system. Mr. Dana at his post just before New year mentioned about his work on MT5 version of Paradox so I guess he won't leave us with nothing. In terms of MQL files I might be wrong and it is none of my business to even guess but I think it would be available to some who for one achieved success with this system and proved it here , and two, help others to achieve the same. Not mentioned about trust thing
I am pretty sure either way we are safe. Main thing is study and practice to get to 80% success rate.
On the collision course with 90/90/90 rule
  • #7,492
  • Jan 14, 2017 3:37pm Jan 14, 2017 3:37pm
Quoting ipoppy
{quote} Well, my take on this is...enjoy until it last. I am here still on bendy learning curve but I can see massive potential in this system. Mr. Dana at his post just before New year mentioned about his work on MT5 version of Paradox so I guess he won't leave us with nothing. In terms of MQL files I might be wrong and it is none of my business to even guess but I think it would be available to some who for one achieved success with this system and proved it here , and two, help others to achieve the same. Not mentioned about trust thing...
I deleted my post in response to this as there was a member who was offended by my comment "throwing pearls to pigs". What this means is that we shouldn't give what's valuable to those who will walk all over it and not be thankful and try to change it. I'm refering to the "trolls". Dana has had his fair share of this and I'm guessing there are times when he wished he would not have given his precious system away for free because it was abused. My thoughts on ipoppy's post were that maybe he is right in that when and if Dana decides he wants to release an Mt5 version that maybe he will only release it to a select few this time. And Dana is a smart man that will also notice the studiers in the background as being even more proficient. I am one who likes to study with the interaction of others and I do commend those who can do it by themselves by reading. I'm just one who likes to be involved with the smart money(aka Dove and Shaun. as I now know from Shinny's redirection ). Again I've have made posts that I thought were right on track and there so far off. But this has actually helped me grow in being a trader and in my personal life as well so although I have posted a lot of rubbish, I am also learning a lot about myself, including my faults and hopefully learning from it. Don't be afraid to post what you feel. The overseers will help steer you in the right direction and they can tell if your sincere or not and will not add you to the dreaded "ignore list". From watching from the outside I can see that Dove has an uncanny ability to determine who's in it for the long term. And how do I know that. Well, I've probably been the craziest person on here and posted garbage. But I was only posting with my sincerity at the time and it showed up my flaws. Dana is very smart and can pick out who will make it very quick. He does not waste his time and I personally thank him for having the patience with me to help when I deserved to not have it. And he has told me exactly what I needed. "You have the potential, but what you do with your vices will determine the outcome". My family and friend have told me all my life that I would great at anything I put my mind to. This is terrible advice for the aspiring trader and Dove was my forex parent that saw right through me many times. I'm not sure how though. Press on everyone and don't be afraid to expose your flaws. Our teachers are strict for a reason.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,493
  • Jan 14, 2017 5:29pm Jan 14, 2017 5:29pm
Quoting Clip75
{quote} I deleted my post in response to this as there was a member who was offended by my comment "throwing pearls to pigs". What this means is that we shouldn't give what's valuable to those who will walk all over it and not be thankful and try to change it. I'm refering to the "trolls". Dana has had his fair share of this and I'm guessing there are times when he wished he would not have given his precious system away for free because it was abused. My thoughts on ipoppy's post were that maybe he is right in that when and if Dana decides he wants...
Amen !
"The needs of the many outweigh the needs of the few" - Spock
  • #7,494
  • Jan 15, 2017 12:52am Jan 15, 2017 12:52am
Fellow traders,
Following this thread for a while, I noticed already OP have a kind a mission to fulfill. Let us leave to him decision how he will do it. As a every kind of forums even FF is corrupted with trolls, haters, hundreds of people wandering in the fog, looking for Holy Graal, fixed in black box, narrow minders etc
Take look on numbers of loads of indicators. More than 7500 times, take look on numbers of loading corrected SAR Swing indicator . Little over 300 times..
What I like to say there is no reason to eliminate people, people will do it themselves.
Other what crossed my mind is much bigger number of people digging the system, reading and working silently than one might expect, what we know about them? And probably this is much bigger number then you guys might think.
Big number of this people work hard, maybe even harder the some of you as they might have a language problem.. and all of you know very well, how important is understanding what DA is talking about
For instance I am translating every single DA post to my language, and it is not easy and take time but helps me understand precisely what DA is talking about. And for someone being over four years on the market and trained on other basis is even more difficult. Day this translation will be completed, will be given to my country fellows for free
All the best.
  • #7,495
  • Jan 15, 2017 2:40am Jan 15, 2017 2:40am
Quoting BlackNapkins
Fellow traders, Following this thread for a while, I noticed already OP have a kind a mission to fulfill. Let us leave to him decision how he will do it. As a every kind of forums even FF is corrupted with trolls, haters, hundreds of people wandering in the fog, looking for Holy Graal, fixed in black box, narrow minders etc Take look on numbers of loads of indicators. More than 7500 times, take look on numbers of loading corrected SAR Swing indicator . Little over 300 times.. What I like to say there is no reason to eliminate people, people will...
I'm guessing it must be pretty hard to translate as there are a lot of technical terms, probably things that aren't easy to translate. But that's a very selfless act and will also help you to understand the system better.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,496
  • Jan 15, 2017 3:59am Jan 15, 2017 3:59am
Quoting felds858
Is there a guide that condenses this thread or do I have to read the whole thread? I don't mean to sound lazy, but 375 pages is a lot
If you click the button on the menu at the top of the page there is a library of documents and images. There are some doc and pdf files that are a summary of earlier posts.
  • #7,497
  • Jan 15, 2017 4:52pm Jan 15, 2017 4:52pm
Quoting felds858
Is there a guide that condenses this thread or do I have to read the whole thread? I don't mean to sound lazy, but 375 pages is a lot
really 375 pages are a lot? 375 pages is nothing and u learn more than reading the summaries of pdf... because u are going to read the mistakes of traders and the answers of Dana... 375 pages is a lot for be succesful in this market? People have more of 10 years trading and still lossing money and still jumping system the same of speed that i change my underclothes...
  • #7,498
  • Jan 15, 2017 6:14pm Jan 15, 2017 6:14pm
Hello friends and traders! I have been gone for a bit due to family reasons but am back now in full swing and will be active again. Great to see everyone progressing and the gems that are still being discovered. Keep it up
  • #7,499
  • Jan 15, 2017 6:38pm Jan 15, 2017 6:38pm
Pretty significant gap down I would say.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,500
  • Jan 15, 2017 7:00pm Jan 15, 2017 7:00pm
Here goes my first plan. Been studying for a while now.


1/15/2017
Session Sydney : EUR/JPY
Daily Open: Way below Purple
Romar: Support
EMA: Resistance
Parabolic: Resistance
Notes: Four Horsemen are in downtrend. DB, SAR attached with divergence as well as price tag. Romar is still holding support.

H1
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Notes: Four Horsemen are in downtrend. DB attached with SAR price tag.

H2
Romar: Resistance
EMA: Resistance
Parabolic: Resistance
Notes: Four Horsemen are in Downtrend. PSAR flipped, MACD cross arrow appeared. DB with SAR price tag as well as divergence attached with green price tag. BB is support.


FINAL NOTES: Daily, H1, and H2 is in downtrend. Looking for sell trade off resistance. Possible buy trade off H2 BB support.

Buy:

Sell: Will enter sell trade off retrace to H2 Purple. Will also enter on SAR attachment with price tag to reenter downtrend.

Adjustments:
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