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Attachments: The Paradox System
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The Paradox System

  • #7,501
  • Jan 15, 2017 6:57pm Jan 15, 2017 6:57pm
Quoting Paradox7
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
Welcome back. Wondered where you went.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #7,502
  • Edited Jan 16, 2017 3:25am Jan 15, 2017 7:07pm | Edited Jan 16, 2017 3:25am
Hi. newbie here trying to learn through writing trading plan. Still do not quite grasp how trading plan helps when this system suppose to trade in the moment. Comment welcome.

Time 2 GMT
Daily Plan for 16 of January 2017
Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Last EMA Down
MACD - Down
DB/SAR Attachment 121.092
Fibo - Red
Notes: Daily with 4 horsemen lined up for down, last resistance hit purple, Bollinger widen up.

2 HR:

OPENING PRICE: 121.231
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Last EMA Down
MACD -Down
Last DB Attachment is 121.092
Fibo green
Notes: 4 Horsemen lined up for the down, market near Bollinger band

1 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
last EMA - down
last MACD - down
Fibo - green

Final notes: 2H in sync with 1H for down but Daily in consolidation, so can look for buy also.
entry long if SAR/DB attached to 2H bottom of candle with divergence and H2 purple near or cross white.entry short retrace to 2H resistance with 1H still in sync with 2H for downtrend.

Update GMT 0800
Sell on H2 open at purple resistance. 121.050.

Update GMT 0900
Sell breakeven.
  • #7,503
  • Jan 15, 2017 10:50pm Jan 15, 2017 10:50pm
Quoting Contrax
{quote} 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...
So your answer would be to read the whole thread. I read the pdf summaries and I believe I have a general grasp of the system, but learning from the mistakes of others does make sense. I guess I know what I will be doing tomorrow. Thank you.
  • #7,504
  • Jan 15, 2017 11:24pm Jan 15, 2017 11:24pm
Date:16-1-2017 @ 0700 CET

Daily:
ROMAR -Support
EMA -Resistance
PSAR -Resistance

Check List:
Last MACD 0 crossingDown
Last EMA Alert ArrowDown
Last DB AttachmentBottom @ 121.181
Last SAR AttachmentBottom @ 121.181
Fibo up or downDown

Notes:EMA and 4 Horsemen in downtrend. Romar still support but could be reached. Also fib 61.8 could be reached as target. BB are open.



2 HR:
OPEN PRICE - 121.229
ROMAR -Resistance
EMA -Resistance
PSAR -Resistance

Check List:
Last MACD 0 crossingDown
Last EMA Alert ArrowDown
Last DB AttachmentBottom @ 121.998
Last SAR AttachmentBottom @ 121.998
Fibo up or downUp

Notes:2Hr in downtrend. Last DB SAR attachment at prev bar. No gold div attachment at latest bottom. BB are open.



1 HR:
ROMAR -Resistance
EMA -Resistance
PSAR Resistance

Check List:
Last MACD 0 crossingDown
Last EMA Alert ArrowDown
Last DB Attachment
Last SAR Attachment
Fibo up or downUp

Notes:1 Hr in downtrend.



Final Notes for all three charts:Market still in consolidation. H1 and H2 in downtrend. On the Daily EMA and 4 Horsemen are also in downtrend.

Entry:
Consolidation:

Long:Will looking for long when market at Daily Romar and attachement of DB and Gold divergence at bottom.

Short:Looking to go short on at 2Hr resistance



Notes for readjustments:0800 CET: Market went further down and missed my entry.
  • #7,505
  • Jan 16, 2017 12:22am Jan 16, 2017 12:22am
Hi Team - no trade for myself today will keep an eye on things this evening but will be ready for a trading plan in the morning.

Nick
  • #7,506
  • Jan 16, 2017 1:07am Jan 16, 2017 1:07am
Daily Plan for 16 of January 2017
Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Last EMA - Down
DB/SAR Attachment 120.74
Fibo - Red
Notes: Daily is in Consolidation 4 horsemen lined up for down, with DB/SAR and divergence attached at 61.8 fib
2 HR:

OPENING PRICE: 121.22
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Last EMA - Down
Last DB Attachment 122.40
Fibo green
Notes: 4 Horsemen lined up for the down currently at bottom of fib
1 HR:
ROMAR - Resistance
EMA - Resistance
PSAR -Resistance
last EMA - Down
last SAR - 122.40
Fibo - green
Consolidation -

entry long - possible bounce off daily 61.8 fib daily DB/SAR attached for the up also will wait on suitable confluence
entry short - still 60 pips to Daily Romar support so will enter on retrace to either smooth/EMA/Parabolic also need good 1h confluence as 1h/2h fibos are green.
no major news until 18.30 GMT
  • #7,507
  • Jan 16, 2017 6:42am Jan 16, 2017 6:42am
Remember that we still have a Gap.
  • #7,508
  • Jan 16, 2017 7:22am Jan 16, 2017 7:22am
Hi all!

I'm new in ff, not so new in forex. I would like to learn Paradox System and I hope I will not bother you too much with my questions... I'm from Spain so some concepts are not clear for me however I will do my research prior asking.
  • #7,509
  • Jan 16, 2017 7:24am Jan 16, 2017 7:24am
Forgot to thank the op for their willing to help at no cost, altruistic guy.
  • #7,510
  • Jan 16, 2017 7:29am Jan 16, 2017 7:29am
Quoting Tortilla
Hi all! I'm new in ff, not so new in forex. I would like to learn Paradox System and I hope I will not bother you too much with my questions... I'm from Spain so some concepts are not clear for me however I will do my research prior asking.
Welcome to the thread. Have a good read and try to understand the concepts, but if you have any questions feel free to ask. There are plenty of people that will try to help you.

Good luck.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,511
  • Jan 16, 2017 8:46am Jan 16, 2017 8:46am
Hello Traders and Blessings;

A lot of great comments over the weekend and I want to thank Shaun for jumping in there and helping the others. I so much appreciate you, Shaun. My weekends are really tied up with seminars and counsellings; which leaves little time for myself. For the new traders that are posting trading plans you are very much welcome in doing so because that is the very first step in learning how to trade. Creating trading plans are forthcoming looking into the future in what is happening with the market. When you post a trading plan do not be looking for comments until after the fact. Those of us already know what is happening with your plan but does you no justice if we comment until you had pulled the trigger. Once you have pulled the trigger you need to post your entry with the H2 chart; showing your entry.

Now - all your trades consist of the 40/40 rule and you cannot use B/E. You must let your trade run to either SL or TP. Once your trade is completed you do a self-evaluation of your trade on the reasons why it was a winner or a loser; and post your evaluation. It is then one of us will post our comments in how to help you further your progress in becoming greater with your trading plans. Your goal is learning how to trade in the moment which is on a 2 hour bar using the H1 and Daily for confirmations when you pull the trigger. The moment is off Support for the "buy"; and Resistance for the "sell". This will take time to learn and is not an overnight success. It is a process of gaining the virtue of patience, wisdom, and understanding of what is truly happening in the market. One great thing you must learn: And that is to never think what is happening but what the Paradox is saying. The Paradox is always right and your thinking is always wrong.
The Dove - Forex Trainer
  • #7,512
  • Jan 16, 2017 8:58am Jan 16, 2017 8:58am
One other thing; do not be afraid in posting your trading plans and pulling the trigger accordingly with your plan. This is the way you learn by stepping out of your comfort zone. We are here to help you, not ridicule you. And the only way we can help is in the way you are progressing. The more you step out of your comfort zone the more you will progress.
The Dove - Forex Trainer
  • #7,513
  • Jan 16, 2017 9:18am Jan 16, 2017 9:18am
Quoting dove_alliance
Hello Traders and Blessings; A lot of great comments over the weekend and I want to thank Shaun for jumping in there and helping the others. I so much appreciate you, Shaun. My weekends are really tied up with seminars and counsellings; which leaves little time for myself. For the new traders that are posting trading plans you are very much welcome in doing so because that is the very first step in learning how to trade. Creating trading plans are forthcoming looking into the future in what is happening with the market. When you post a trading plan...
Absolutely no problem at all, we all appreciate how busy you are so any help any of us can do to lighten the load is the least we can do.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,514
  • Jan 16, 2017 9:28am Jan 16, 2017 9:28am
Shaun is a great asset here and I would be grateful to him if he would accept my apology for me loosing my cool and picking a silly argument over nothing. He is rightly so ignoring me so wont get this apology but if some one would tell him I am sorry I would be grateful The problem I found was on my setup which was resolved by reinstalling the Paradox indicators and templates. Thanks Nigel.
  • #7,515
  • Jan 16, 2017 10:31am Jan 16, 2017 10:31am
Hi all again!

I think i managed to install the paradox system, in the first page I downloaded all (also the needed indi in the first post due to the MT4 update) and had converted the H2 offline chart... However I would like you to confirm if below is correct comparing to your charts. I opened with the broker Forex.com as I have read in order to have same hisrtoy.

https://www.mql5.com/en/charts/64252...ain-capital-uk

https://www.mql5.com/en/charts/64252...ain-capital-uk

https://www.mql5.com/en/charts/64252...ain-capital-uk

Thank you in advance!
  • #7,516
  • Jan 16, 2017 10:41am Jan 16, 2017 10:41am
Quoting Tortilla
Hi all again! I think i managed to install the paradox system, in the first page I downloaded all (also the needed indi in the first post due to the MT4 update) and had converted the H2 offline chart... However I would like you to confirm if below is correct comparing to your charts. I opened with the broker Forex.com as I have read in order to have same hisrtoy. https://www.mql5.com/en/charts/64252...ain-capital-uk https://www.mql5.com/en/charts/64252...ain-capital-uk https://www.mql5.com/en/charts/64252...ain-capital-uk...
Looks exactly like my charts, but U/J was only in the first week of training in this thread, since the second week it's all about E/J.
  • #7,517
  • Jan 16, 2017 10:51am Jan 16, 2017 10:51am
Quoting marian
{quote} Looks exactly like my charts, but U/J was only in the first week of training in this thread, since the second week it's all about E/J.
Hi Marian!

Thank you for your confirmation.

What I did not get is what you mean with first and second week training?

I read in the beginning that I have to practise with U/J until reaching 80% demo, correct?

Thanks in advance!
  • #7,518
  • Jan 16, 2017 10:59am Jan 16, 2017 10:59am
Quoting Tortilla
{quote} Hi Marian! Thank you for your confirmation. What I did not get is what you mean with first and second week training? I read in the beginning that I have to practise with U/J until reaching 80% demo, correct? Thanks in advance!
When the thread began, we used the UJ for the first week or so then we switched to the EJ. You should use the EJ so we are all the same.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,519
  • Jan 16, 2017 11:00am Jan 16, 2017 11:00am
Quoting shinny
{quote} When the thread began, we used the UJ for the first week or so then we switched to the EJ. You should use the EJ so we are all the same.

Now is clear!

Thank you Shaun and Marian!
  • #7,520
  • Jan 16, 2017 11:05am Jan 16, 2017 11:05am
Ok then, I have this:

https://www.mql5.com/en/charts/64253...ain-capital-uk

https://www.mql5.com/en/charts/64253...ain-capital-uk

https://www.mql5.com/en/charts/64253...ain-capital-uk

One last question...

I am strugling with the GMT offset, I live in Canary Islands, and here it is GMT 0

Which digit should I enter in the Paradox_Session_Indicator ?

Sorry to bother you over and over!
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