The Paradox System | Page 388 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The paradox System 2023 (for beginners) 724 replies

Paradox System: post your entry here 12 replies

Paradox system avg monthly ROR for last 12 months 33 replies

Learning the Paradox System=Set up / Trade Plan / Results Only 1 reply

lets talk about the system called PARADOX 2 replies

Attachments: The Paradox System
Exit Attachments

The Paradox System

  • #7,741
  • Jan 30, 2017 5:58pm Jan 30, 2017 5:58pm
Quoting crupent
Here's my trading plan. No entry yet. {image} {image}
Took my entry. Going short. Based my entry on the smooth, as the entry chart trend is the smooth.

Will post my results when trade closes.
Attached Image (click to enlarge)
Click to Enlarge Name: jan30tradededededed1.png Size: 65 KB
When you work hard in silence, people don't know what to attack.
  • #7,742
  • Jan 30, 2017 7:50pm Jan 30, 2017 7:50pm
Quoting dove_alliance
{quote} A lot of traders are making the same mistake. The DB/SAR is a tool for consolidation while ranging. That too has been stated many times. Once the market is in trend then the DB/SAR will follow the trend. You cannot be focus on one scenario and expect it to work on all scenarios. Trading in the moment is the only way to beat the market. In the moment all scenarios come into play; and takes you into the right entry. Everyone is totally rejecting the trend and missing the boat. You have to remember there is always a trend, even in consolidation....
Hi dove, may I know how to define whether consolidation is in ranging or trend. I had trouble on whether should or should not take DB/SAR into factor for making trade. Last Thursday there is a similar scenario where the upswing just ended with white/smooth/ema cross purple and PSAR flip.. However, it turn out just a retrace and going back into uptrend. As for yesterday, it go into full trend. The indicators are telling same thing but the outcome is different. Hope that I can get some reply on this.

Quoting Dota2
Appreciate if someone will help on this. I enter short at the 19 EST candle and hit sl. All the variables except romar and SAR are line up for short at that moment. The signal is also ready for short with red signal follow by downward white macd. PSAR flip on 1 candle before it, purple cross ema and market close below romar. I also notice that the daily is nowhere near any support. As for the SAR, I admit that I still not yet grasp the SAR. The SAR for me most of the time going higher and high or lower and low with each candle in trend and sometimes...
  • #7,743
  • Jan 30, 2017 7:55pm Jan 30, 2017 7:55pm
Quoting dove_alliance
{quote} If you look at the H1 you will notice a gap at open yesterday. The White/Smooth were both at Purple for the crossing. The Parabolic was support with EMA at the crossing for a downtrend. The H2 had White crossing and Smooth at the crossing. And a gap below EMA at the Parabolic support. The objective is closing the Gap. Waiting to see if the Gap will close is the scenario. If the Gap closes then entry on the next H1 candle in pulling the trigger. The Reason: Priority - the Daily out of balance with Purple. So closing the Gap will place the...
Please allow me to clarify on the Daily out of balance with Purple. Is this anticipating that the daily will go back towards purple as this may happen within a few days since it was in daily chart.
  • #7,744
  • Edited 8:19pm Jan 30, 2017 7:56pm | Edited 8:19pm
Quoting Dota2
{quote} Hi dove, may I know how to define whether consolidation is in ranging or trend. I had trouble on whether should or should not take DB/SAR into factor for making trade. Last Thursday there is a similar scenario where the upswing just ended with white/smooth/ema cross purple and PSAR flip.. However, it turn out just a retrace and going back into uptrend. As for yesterday, it go into full trend. The indicators are telling same thing but the outcome is different. Hope that I can get some reply on this. {quote}
"may I know how to define whether consolidation is in ranging or trend" <--- Very good question.

Clearly defining what "consolidation" and "trend" is would help you.
When you work hard in silence, people don't know what to attack.
  • #7,745
  • Jan 30, 2017 8:21pm Jan 30, 2017 8:21pm
Quoting Dota2
{quote} Hi dove, may I know how to define whether consolidation is in ranging or trend. I had trouble on whether should or should not take DB/SAR into factor for making trade. Last Thursday there is a similar scenario where the upswing just ended with white/smooth/ema cross purple and PSAR flip.. However, it turn out just a retrace and going back into uptrend. As for yesterday, it go into full trend. The indicators are telling same thing but the outcome is different. Hope that I can get some reply on this. {quote}
Dota - there is a problem with you not following through with your trading plans. On the 17th you posted two trading plans with one you had an entry and did not follow through with ending of the trade. On the same day you posted a second trading plan and did not follow through with an entry and beyond. On the 26th you posted a chart wondering why this and why that without any trading plan. Your concerns above are all answered throughout the tutorials. All you need to do is spend your time in learning and studying.
The Dove - Forex Trainer
  • #7,746
  • Jan 30, 2017 8:35pm Jan 30, 2017 8:35pm
Quoting crupent
{quote} "may I know how to define whether consolidation is in ranging or trend" <--- Very good question. Clearly defining what "consolidation" and "trend" is would help you.
Sorry my English is not perfect. I do know how to differentiate between consolidation and trend. I just do not know how to determine ranging. Is ranging = consolidation? Since there are always a trend inside consolidation, when SAR is reliable?
  • #7,747
  • Jan 30, 2017 8:48pm Jan 30, 2017 8:48pm
Quoting crupent
{quote} Took my entry. Going short. Based my entry on the smooth, as the entry chart trend is the smooth. Will post my results when trade closes. {image}
There were major JPY announcements tonight. Too risky to trade through that.
Life is too short to have anything but delusional notions about yourself.
  • #7,748
  • Jan 30, 2017 8:55pm Jan 30, 2017 8:55pm
One more time:

Ranging is in consolidation with EMA and the 4 horsemen going sideways. At this time the Market is creating a high and a low which is called Ranging. Trading in the Ranging mode is consisted of taking profit at the high, and reenter for the low for profit. The Ranging marks can last for days. I have even seen it last for more than a week. The marks are generally between 40 and 60 pips. Ranging doesn't happen often; but you know it when the market is non-stop between the marks. A constant revolution of pips from the low to the high and vice-versa. I remember one lasting 18 hours and took in 386 pips during that period.
The Dove - Forex Trainer
  • #7,749
  • Jan 30, 2017 9:10pm Jan 30, 2017 9:10pm
Quoting crupent
{quote} Took my entry. Going short. Based my entry on the smooth, as the entry chart trend is the smooth. Will post my results when trade closes. {image}
Trade done. Winning trade.

Was it a good trade? Let's discuss.
Attached Image (click to enlarge)
Click to Enlarge Name: jan30tradededededed1eeeeeeeeeeeeeeeeeeeeeee.png Size: 76 KB
When you work hard in silence, people don't know what to attack.
  • #7,750
  • Jan 30, 2017 9:42pm Jan 30, 2017 9:42pm
Quoting crupent
{quote} Trade done. Winning trade. Was it a good trade? Let's discuss. {image}
This was an excellent trade and the reason is taking the Smooth hit after the balance. Good focus and no hesitation in pulling the trigger back into the trend. A very good job.

Time to call it a night. Everyone take care and God bless us all.
The Dove - Forex Trainer
  • #7,751
  • Jan 30, 2017 9:46pm Jan 30, 2017 9:46pm
Quoting dove_alliance
{quote} This was an excellent trade and the reason is taking the Smooth hit after the balance. Good focus and no hesitation in pulling the trigger back into the trend. A very good job. Time to call it a night. Everyone take care and God bless us all.
Thank you Dove. Everything is coming together slowly. Thank you for being patient with me and helping me learn.

Good night everyone.

Stay safe from BOJ.
When you work hard in silence, people don't know what to attack.
  • #7,752
  • Jan 31, 2017 2:12am Jan 31, 2017 2:12am
Tradingplan for 31JAN17
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 47 KB
Click to Enlarge Name: Screenshot2.png Size: 58 KB
Click to Enlarge Name: Screenshot3.png Size: 48 KB
Click to Enlarge Name: Screenshot4.png Size: 63 KB
  • #7,753
  • Jan 31, 2017 4:11am Jan 31, 2017 4:11am
Quoting Cili
Tradingplan for 31JAN17 {image} {image} {image} {image}
Great Job Cili
Attached Image
  • #7,754
  • Jan 31, 2017 4:14am Jan 31, 2017 4:14am
Quoting Cili
Tradingplan for 31JAN17 {image} {image} {image} {image}
Entry again:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 225 KB
  • #7,755
  • Jan 31, 2017 4:18am Jan 31, 2017 4:18am
Here is my trading plan for the London session. Please comment or criticise.

Date: 31 Jan 2017 Time 10:00 GMT
Session: London
News: CAD Red so will ignore as not EUR, JPY or USD.
Daily:
ROMAR – Support
EMA – Support with purple above.
PSAR - Support and market has recently bounced off PSAR for the up.
Check List:
Last MACD : Up.
Last EMA : Red down.
Last DB Attachment: 123.229 at the top with a SAR attachment today below.
Notes: Big move down yesterday left market unbalanced on the daily and expect move back up to purple to rebalance.
2 HR:
OPEN PRICE – 121.593
ROMAR – Resistance.
EMA – Resistance with purple below.
PSAR – Resistance.
Check List:
Last MACD 0 crossing: Just crossed up with white arrow.
Last EMA Alert Arrow: Green up last bar.
Last DB Attachment: At the bottom with green tab and gold divergence.
Last Sar Attachment: under and with DB
Fibo up or down: Up and market at 30ish%
Notes: H2 has gone through a period of consolidation after the trend down. The fibo flipped and hoursemen have made the turn for the up. MACD has crossed for the up and market moved above EMA.
1 HR:
ROMAR - Resistance
EMA – Support and just crossed Purple for the up.
PSAR – Support and all 4 horse for the up.
Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up.
Fibo up or down: Up.
Notes: Entering a new swing up with H1 leading and H2 following through with a target of Daily Purple at 122.360. Daily Fibo at 45ish.

Entry. Long on H2 open above Smooth 40/40. Already there at this moment.
Short entry – not expected.

Notes for readjustments: No big news expected.

Attached Image (click to enlarge)
Click to Enlarge Name: eurjpypro-h2-gain-capital-uk-ns.png Size: 93 KB
  • #7,756
  • Jan 31, 2017 4:19am Jan 31, 2017 4:19am
I entered at just after the open H2 candle 121.898 at 10:06 GMT for long 40/40.
  • #7,757
  • Jan 31, 2017 5:02am Jan 31, 2017 5:02am
2nd entry at 122.762
  • #7,758
  • Jan 31, 2017 5:03am Jan 31, 2017 5:03am
Quoting Gliderpilot
2nd entry at 122.762
sorry 121,762
  • #7,759
  • Jan 31, 2017 6:13am Jan 31, 2017 6:13am
Closed with 40 Pips:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 28 KB
  • #7,760
  • Jan 31, 2017 6:42am Jan 31, 2017 6:42am
Quoting Gliderpilot
Closed with 40 Pips: {image}
Where is your plan?
Nobody can be told what The Matrix is. You'll have to see it yourself.
5 traders viewing now