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The Paradox System

  • #7,981
  • Feb 12, 2017 9:34am Feb 12, 2017 9:34am
Quoting Clip75
{quote} Sorry man, I don't agree with your reasoning...We all were system seekers before we discovered the paradox. Virgilcain was in the new stages of developing and had no idea what he had stumbled upon with the paradox. Dove is very forgiving when we realize our mistakes...he did apologize for his mistake and I know for a fact that Dove who is connected to the Holy Spirit will understand that we as a fallen race make mistakes everyday. Getting way too judgemental around here in my opinion. I can't and won't agree with it.
To begin with I agree with Shaun 100% . When it comes to forgiveness God stated very clearly that we must forgive everyone, including our enemies; and I forgive every single day. But God never said we must go on a picnic with those we have forgiven. Now did He? I suggest reading the Bible and seek out the 'Unforgivable Sin'. No one is being judgmental. Facts speaks the TRUTH and that is the bottom line. And it ends right here and now.
The Dove - Forex Trainer
  • #7,982
  • Feb 12, 2017 9:01pm Feb 12, 2017 9:01pm
Date: 13 Feb 2017 0800 Sydney Time
CHECK NEWS RELEASE BEFORE TRADING Yes / No
- if No...... STOP .....do not proceed with Plan
Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow Up
Last DB Attachment 119.325
Fibo up or down Up
Notes: Chart in Consolidation. Green Fibo at DB Attachment. 4 Horsemen align Down.
2 HR:
OPEN PRICE - 119.325
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow Up
Last DB Attachment 120.225
Fibo up or down Down
Notes: Consolidation. ROMAR & very close together. Possible slider & if ROMAR support wins, EMA will move higher from ROMAR and indicate a possible entry if all horsemen in aggreance for up trend swing.
1 HR:
ROMAR - Support
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow Down
Last DB Attachment N/A on 1hr charts
Fibo up or down Down
Notes: Consolidation. 1hr chart is not in agreance with 2hr.
Final Notes for all three charts: Consolidation - trade both ways is possible from highest high, to lowest low & vice versa - not in between.
Market News For EUR/JPY/USA. Completed at 1000hrs Sydney time.
Entry: If ROMAR Support on the 2hr is crosses through by EMA to enter as a Short - check charts thoroughly before shorting. 40/40 enter if 4 horsemen aligns to say yes to short.
If ROMAR is not breached by EMA and slides & moves higher, ROMAR is winning - look for a long. 20/40 or 40/40. re-assess at 20 profit mark for BE.
1hr chart & 2hr chart must be indicating the same.
Evaluation: Yet to be done as the day is not over
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-02-11 at 8.13.21 AM.png Size: 81 KB
Click to Enlarge Name: Screen Shot 2017-02-11 at 8.13.06 AM.png Size: 84 KB
If you make up your own rules then the story is sad.....
  • #7,983
  • Feb 13, 2017 1:09am Feb 13, 2017 1:09am
The start of my Paradox!
Date: 13 Feb 2017 0733 Sweden Time
Red News Alert: No
General Trend: UP (Not Consolidation)

Daily:
ROMAR - Support
EMA - Resistance (EMA crossed Purple)
PSAR - Resistance (Eliminated)
Check List:
Last MACD below 0
Last EMA Alert Arrow Up
Last DB Attachment 119.320
Fibo up or down Up
Notes: white crossed purple, smooth about to, small retrace, looking out for ROMAR support & Fibo Resistance
2 HR:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD below 0
Last EMA Alert Arrow Up
Last DB Attachment 120.223
Fibo up or down Down
Notes: 4 horsemen strongly pointing up, retracing to 4 horseman, looking out for ROMAR support & Bollinger Resistance, looking for market to get above the H2 MA20.
1 HR:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD 0 below 0
Last EMA Alert Arrow Up
Last DB Attachment N/A on 1hr charts
Fibo up or down Down
Notes: white MACD arrow after EMA, looking for small retrace down to PSAR or EMA, looking out for PSAR support & Bollinger Resistance

Final Notes for all three charts: Trend Surge Up, Never short in a TrendSurgeUp.

Entry: Look for Long Entry 40/40 when H1 syncs with H2 with market bouncing off H2 white. pull trigger for a great 40/40 Long if H2 & H1 fibo flip/ H2 & H1 MACDs above 0/ H2 & H1 SARs complete.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: D1.jpg Size: 180 KB
Click to Enlarge Name: H1.jpg Size: 190 KB
Click to Enlarge Name: H2.jpg Size: 169 KB
  • #7,984
  • Feb 13, 2017 1:57am Feb 13, 2017 1:57am
I change broker and here is the H2 and Daily chart.
Daily Chart
Attached Image (click to enlarge)
Click to Enlarge Name: Daily.png Size: 94 KB

H2 Chart
Attached Image (click to enlarge)
Click to Enlarge Name: H2.png Size: 90 KB


I hope I get everything right this time.
Could someone tell me if I get the right page?
  • #7,985
  • Feb 13, 2017 2:53am Feb 13, 2017 2:53am
Hi everyone. Complete newbie here. Have read through a lot of this thread but clearly many 100s of pages to go. I am just setting up and noticed that many people had the incorrect chart set up at the start of this thread. I have signed up to forex.com's Australian partner CityIndex, installed MT4 and copied all the paradox files into the relevant files.

This is my screenshots. Can someone verify I've set up correctly? I am not sure what to look for to know if there's anything I've missed. Also there was a discussion about time zone settings and offsets that has completely gone over my head. Appreciate any help. Thanks!

2HR:
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_20170213_1944.PNG Size: 71 KB


1HR:
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_20170213_1944_1HR.PNG Size: 73 KB


1Day:
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY_20170213_1944_DAILY.PNG Size: 77 KB
  • #7,986
  • Feb 13, 2017 3:25am Feb 13, 2017 3:25am
Quoting OliveBranch
Date: 13 Feb 2017 0800 Sydney Time CHECK NEWS RELEASE BEFORE TRADING Yes / No - if No...... STOP .....do not proceed with Plan Daily: ROMAR - Support EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing Down Last EMA Alert Arrow Up Last DB Attachment 119.325 Fibo up or down Up Notes: Chart in Consolidation. Green Fibo at DB Attachment. 4 Horsemen align Down. 2 HR: OPEN PRICE - 119.325 ROMAR - Support EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing Down Last EMA Alert Arrow Up Last DB Attachment 120.225 Fibo up...
Hello Olive,
I am new here but I have been trading this system for 3 months. I noticed you have wrong data - see your daily chart. You should have 6 candles not 5 on daily.
Hard work beats talent when talent fails to work hard. - KD
  • #7,987
  • Feb 13, 2017 4:13am Feb 13, 2017 4:13am
Quoting OliveBranch
Date: 13 Feb 2017 0800 Sydney Time CHECK NEWS RELEASE BEFORE TRADING Yes / No - if No...... STOP .....do not proceed with Plan Daily: ROMAR - Support EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing Down Last EMA Alert Arrow Up Last DB Attachment 119.325 Fibo up or down Up Notes: Chart in Consolidation. Green Fibo at DB Attachment. 4 Horsemen align Down. 2 HR: OPEN PRICE - 119.325 ROMAR - Support EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing Down Last EMA Alert Arrow Up Last DB Attachment 120.225 Fibo up...
Hello, are you using forex.com? I'm using forex.comUK demo account and my daily chart is slighty different (but maybe I'm wrong, not 100% sure about this yet), also I think you show one more candle in your charts than you should (and just one is enough difference to make the fibo have a different max/min in certain situations). Hope it helps, cheers!

Quoting global168
The start of my Paradox! Date: 13 Feb 2017 0733 Sweden Time Red News Alert: No General Trend: UP (Not Consolidation) Daily: ROMAR - Support EMA - Resistance (EMA crossed Purple) PSAR - Resistance (Eliminated) Check List: Last MACD below 0 Last EMA Alert Arrow Up Last DB Attachment 119.320 Fibo up or down Up Notes: white crossed purple, smooth about to, small retrace, looking out for ROMAR support & Fibo Resistance 2 HR: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD below 0 Last EMA Alert Arrow Up Last DB Attachment 120.223 Fibo...
Quoting ahiro
Hi everyone. Complete newbie here. Have read through a lot of this thread but clearly many 100s of pages to go. I am just setting up and noticed that many people had the incorrect chart set up at the start of this thread. I have signed up to forex.com's Australian partner CityIndex, installed MT4 and copied all the paradox files into the relevant files. This is my screenshots. Can someone verify I've set up correctly? I am not sure what to look for to know if there's anything I've missed. Also there was a discussion about time zone settings and offsets that has completely gone over my head. Appreciate any help. Thanks! 2HR: USDJPY_20170213_1944.PNG;2184780 1HR: USDJPY_20170213_1944_1HR.PNG;2184792 1Day: USDJPY_20170213_1944_DAILY.PNG;2184794 {image} {image} {image}
Check your amount of candles, you are displaying more than you should, and it can mess with the fibo, cheers!
"Know thyself."
  • #7,988
  • Feb 13, 2017 4:54am Feb 13, 2017 4:54am
Quoting miau1
{quote} Hello, are you using forex.com? I'm using forex.comUK demo account and my daily chart is slighty different (but maybe I'm wrong, not 100% sure about this yet), also I think you show one more candle in your charts than you should (and just one is enough difference to make the fibo have a different max/min in certain situations). Hope it helps, cheers! {quote} {quote} Check your amount of candles, you are displaying more than you should, and it can mess with the fibo, cheers!
It does, you are correct. Thank you Miau. I am Using Robo demo as forex.com redirects to elsewhere based upon my isp. Until I figure out how to vpn to another country isp that it will accept i think i'm stuck with this demo for now.
Appreciate your help.
If you make up your own rules then the story is sad.....
  • #7,989
  • Feb 13, 2017 4:55am Feb 13, 2017 4:55am
Quoting miau1
{quote} Check your amount of candles, you are displaying more than you should, and it can mess with the fibo, cheers! {quote}
Thanks Miau1. how do I change the amount of candles? what should it be changed to?
  • #7,990
  • Feb 13, 2017 5:02am Feb 13, 2017 5:02am
Quoting miau1
{quote} Hello, are you using forex.com? I'm using forex.comUK demo account and my daily chart is slighty different (but maybe I'm wrong, not 100% sure about this yet), also I think you show one more candle in your charts than you should (and just one is enough difference to make the fibo have a different max/min in certain situations). Hope it helps, cheers! {quote} {quote} Check your amount of candles, you are displaying more than you should, and it can mess with the fibo, cheers!
Thanks Miau,
Yep, I had the 40 bars set up yesterday but didn't save the template. Does this look Ok? I had to get the *wihte triangle* visible and then stretch & zoom & count till I got 40 bars. Leaves a big black hole on the right. Must be a better way?
Cheers anyway.
Attached Image (click to enlarge)
Click to Enlarge Name: the only way i know.jpg Size: 209 KB
  • #7,991
  • Feb 13, 2017 5:04am Feb 13, 2017 5:04am
Quoting OliveBranch
{quote} It does, you are correct. Thank you Miau. I am Using Robo demo as forex.com redirects to elsewhere based upon my isp. Until I figure out how to vpn to another country isp that it will accept i think i'm stuck with this demo for now. Appreciate your help.
Glad it helped, by the way I opened my demo here, country spain and used fake number and spam email address (they send you there the login details but you can create a yopmail.com email for example and no problem at all), had no trouble so far, check it out if you want:

http://www.forex.com/uk/metatrader-demo.html

Edit. If your country blocks that page, maybe you could use a proxy? google "free online proxy" if that's the case, just had the idea.
"Know thyself."
  • #7,992
  • Feb 13, 2017 5:07am Feb 13, 2017 5:07am
Quoting global168
{quote} Thanks Miau, Yep, I had the 40 bars set up yesterday but didn't save the template. Does this look Ok? I had to get the *wihte triangle* visible and then stretch & zoom & count till I got 40 bars. Leaves a big black hole on the right. Must be a better way? Cheers anyway. {image}
Yes, you have to save the template after you change the amount of bars, because your screen had different resolution than Dana's. I think you still have one more candlebar, check the thread's start if you aren't 100% sure, Dana posted pictures for easy references there.

Regards.
"Know thyself."
  • #7,993
  • Feb 13, 2017 5:46am Feb 13, 2017 5:46am
Hi all,

just a a quick question...

the trading plan can be made at any time daily? I ask because I see trading plans at different hours, and I am confuse about that...
  • #7,994
  • Feb 13, 2017 5:49am Feb 13, 2017 5:49am
Quoting Tortilla
Hi all, just a a quick question... the trading plan can be made at any time daily? I ask because I see trading plans at different hours, and I am confuse about that...
Yes, its got to be relevant to when your going to trade.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #7,995
  • Edited 6:56am Feb 13, 2017 6:45am | Edited 6:56am
Quoting shinny
{quote} Yes, its got to be relevant to when your going to trade.
So just to be 100% sure; let's imagine after the Sydney open and rebooting MT4 I make a trading plan, but I go bed a while after without seeing the right setup to pull the trigger and don't come back until London session, two things could happen:

A.-If the "targets" for my plan haven't been hit yet, I must keep the plan until they are (if they are), or until the next Sydney open, whatever comes first. Then after Sydney open if I have no trades opened, I make a new trading plan.

B.-If I have missed the entry while sleeping then I should make another trading plan, it would be valid until the next Sydney open.

Would this be the right approach to a trading plan? Thanks in advance.

Edit. Don't wanna confuse anyone, every trading plan would be done in the moment. But I wonder if it should be kept to just "in the moment" too, and in the next H2 candle we could need another trading plan, even if that one could be almost the same.
"Know thyself."
  • #7,996
  • Feb 13, 2017 9:25am Feb 13, 2017 9:25am
The object of creating a trading plan is to take you into the moment of pulling the trigger. It is a mind set of knowing the pair you are trading and looking into the future. It does not matter what session you trade; may it be Tokyo, London, or the USD in a 24 hour period. You create one trading plan for a 24 hour period. If you miss your target then you adjust your trading plan for a new target. If you try to create a new trading plan during that 24 hour period you will only magnify the risk of losing on that new plan. The reason is because you had already contemplate a target and generating a new plan will offset your mindset of what is really happening within your original trading plan. You have to keep in mind every 24 hours there is new data from 17:00 EST to 17:00 the next day.

I trade the Tokyo session for many reasons but does not mean you have to do the same. The benefits I gain with Tokyo is:

1 - New data
2 - The trend is set.
3 - Minimal economic news.
4 - Risk factor is minimal.
5 - My target is hit within 4 hours of my plan

If you trade during London or USD then you need to really be aware of the economic news and the trend. If you miss your trade then let it go until the next day. Trying to fight the releases is not worth the risk.
The Dove - Forex Trainer
  • #7,997
  • Feb 13, 2017 9:31am Feb 13, 2017 9:31am
Quoting dove_alliance
The object of creating a trading plan is to take you into the moment of pulling the trigger. It is a mind set of knowing the pair you are trading and looking into the future. It does not matter what session you trade; may it be Tokyo, London, or the USD in a 24 hour period. You create one trading plan for a 24 hour period. If you miss your target then you adjust your trading plan for a new target. If you try to create a new trading plan during that 24 hour period you will only magnify the risk of losing on that new plan. The reason is because you...
Thank you Dana for the clarification, noted everything.

Cheers.
"Know thyself."
  • #7,998
  • Feb 13, 2017 1:24pm Feb 13, 2017 1:24pm
Quoting global168
The start of my Paradox!
Well quite clearly a basic error was made. Can anyone help me identify it? S/L about to be activated.
Cheers.
  • #7,999
  • Feb 13, 2017 2:11pm Feb 13, 2017 2:11pm
Quoting dove_alliance
The object of creating a trading plan is to take you into the moment of pulling the trigger. It is a mind set of knowing the pair you are trading and looking into the future. It does not matter what session you trade; may it be Tokyo, London, or the USD in a 24 hour period. You create one trading plan for a 24 hour period. If you miss your target then you adjust your trading plan for a new target. If you try to create a new trading plan during that 24 hour period you will only magnify the risk of losing on that new plan. The reason is because you...
Hi Dana,

Cristal clear, thank you.

Regards,
  • #8,000
  • Feb 13, 2017 3:16pm Feb 13, 2017 3:16pm
Quoting global168
{quote} Well quite clearly a basic error was made. Can anyone help me identify it? S/L about to be activated. Cheers.
You are supposed to give a self evaluation, but I'll give a little insight. You even had on your plan to take a long you would wait for the H2 Fibo flip, but clearly it is still red. There was also an SAR attachment at 121.156 on the H2 which was near the Daily parabolic, and especially in this kind of ranging the next connection would be on the bottom of a candle somewhere, which it now has
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