The Paradox System | Page 402 | 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

  • #8,021
  • Feb 14, 2017 1:29am Feb 14, 2017 1:29am
Quoting shinny
{quote} That's really good work - and it will pay off for you big time. Keep going with your studying and don't worry about losing trades, just try and learn from them and suddenly you will be taking more winning trades than losing ones, and eventually you will be taking nearly all winning trades.
Many thanks for the kind words of encouragement. I'm here for the long haul as I have plenty of free time in between my work. Mechanically listing all the snippets is the easy bit. For me the next part is the difficult bit, working out the nuances on offer. To take a random example.... OliveBranch notes above *approx 20 pip space between open candle and ROMAR on 2hr chart from SAR and previous candle touching the Daily ROMAR Support*. Obviously it must be important but I have to work out why one would think it is important.... the open candle is *only* 20pip apart, or is it.... the open candle is a *good* 20pip away etc... etc...

All in the fullness of time.
  • #8,022
  • Feb 14, 2017 2:00am Feb 14, 2017 2:00am
Quoting Paradox7
{quote} Shaun I see the Gold divergence jumping from candle to candle, I thought it was set in stone once it attached
I know your question was directed to Shaun, but I hope this will help you. I quoted it from post 3897: Sometimes the next candle will bump higher and other times it will just turn on the next candle
  • #8,023
  • Feb 14, 2017 2:11am Feb 14, 2017 2:11am
Quoting Elflaco
{quote} I know your question was directed to Shaun, but I hope this will help you. I quoted it from post 3897: Sometimes the next candle will bump higher and other times it will just turn on the next candle
I always read that as the bumping higher of the Fibo, not the Divergence lol. Pretty big difference
  • #8,024
  • Feb 14, 2017 2:17am Feb 14, 2017 2:17am
Quoting global168
{quote} Many thanks for the kind words of encouragement. I'm here for the long haul as I have plenty of free time in between my work. Mechanically listing all the snippets is the easy bit. For me the next part is the difficult bit, working out the nuances on offer. To take a random example.... OliveBranch notes above *approx 20 pip space between open candle and ROMAR on 2hr chart from SAR and previous candle touching the Daily ROMAR Support*. Obviously it must be important but I have to work out why one would think it is important.... the open candle...
Basically, I think that he means you want at least 20 pips to your next Support or Resistance level. There are some little nuances that make the system tick and what I would suggest doing is as you come across them write them down. There's a lot of info in the thread but it can be boiled down to some important posts by Dana.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,025
  • Feb 14, 2017 3:47am Feb 14, 2017 3:47am
Quoting global168
{quote} Elfaco, thanks. Much appreciated. Believe it or not, it is not a case of my not reading through.... I have diligently gone through each page collecting snippets and accumulated a stack of files updated each day. I think it is more a case of not absorbing & also trying to filter out the wrong info..... and Im sure we can all be guilty of that one time or another. {image}
I assume this pdf was generously created by someone on this thread. Reposting for anyone else wanting a summary. Not sure which thread page this summarises until...

http://www.forexfactory.com/attachme...6&d=1456762611
  • #8,026
  • Edited 4:14am Feb 14, 2017 3:59am | Edited 4:14am
Quoting shinny
{quote} Basically, I think that he means you want at least 20 pips to your next Support or Resistance level. There are some little nuances that make the system tick and what I would suggest doing is as you come across them write them down. There's a lot of info in the thread but it can be boiled down to some important posts by Dana.
Yes. This is one of the first things that Dana wrote in the first post. I thought that was just very logical ... on a support or resistance will stop anyway before deciding where to go

TNX
  • #8,027
  • Feb 14, 2017 5:43am Feb 14, 2017 5:43am
Quoting ahiro
{quote} I assume this pdf was generously created by someone on this thread. Reposting for anyone else wanting a summary. Not sure which thread page this summarises until... http://www.forexfactory.com/attachme...6&d=1456762611
There was a lot of weekly summaries done from the beginning of the thread, which include just about all of the info needed. You could collect them all and paste into one doc, which like I said can be searched for key words.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,028
  • Feb 14, 2017 9:12am Feb 14, 2017 9:12am
Wow, there seem to be several hate threads about this thread. Whats going on here? Is this a teaching thread?
  • #8,029
  • Feb 14, 2017 9:21am Feb 14, 2017 9:21am
Quoting tullegate
{quote} Entry Short. At the 61.8 fib level. Will post when trade closed. {image}
I lost my trade, but I believe my thought process on the trade was correct. I just think my entry was at a wrong position. Instead of entering on a 61.8 fib level (which is notorious for a reversal zone), I should have waited until the candle hit parabolic or ema at the 8:00 candle.

What do y'all think about this?
Attached Image (click to enlarge)
Click to Enlarge Name: feb13 close.png Size: 71 KB
"Cast your burden upon the Lord and He will sustain you"
  • #8,030
  • Feb 14, 2017 9:26am Feb 14, 2017 9:26am
Hi Everyone
I just wanted to say thank you to the creator of this thread - Dove for taking the time to create this and for sharing in such detail the paradox system. I have been studying for almost a week now and I have learnt so much, but also have a long long way to go. I am willing to put the time in and also am studying from page 1, I must admit I had to read the very first posts from Dove many times to get my head around the concept. Thank you also to the many people who have uploaded screenshots of their charts as when reading back it helps to indentify the visuals as the topic progresses. I am taking notes and trying to organise so I can find the facts when I need to.

Thank you Dove for the Paradox system.
Never Give Up
  • #8,031
  • Feb 14, 2017 10:27am Feb 14, 2017 10:27am
Quoting tullegate
{quote} I lost my trade, but I believe my thought process on the trade was correct. I just think my entry was at a wrong position. Instead of entering on a 61.8 fib level (which is notorious for a reversal zone), I should have waited until the candle hit parabolic or ema at the 8:00 candle. What do y'all think about this? {image}
Never trade Never trade during a MAJOR economic release ???

sry
Clean your trades before a major economic release
  • #8,032
  • Feb 14, 2017 10:38am Feb 14, 2017 10:38am
Quoting bmcgowra
Wow, there seem to be several hate threads about this thread. Whats going on here? Is this a teaching thread?
There are some very bitter people around my friend. And yes, it is a teaching thread.

Cheers
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,033
  • Feb 14, 2017 10:56am Feb 14, 2017 10:56am
Quoting Asker
{quote} Never trade Never trade during a MAJOR economic release ??? sry Clean your trades before a major economic release
Yes, I set my alarm to wake up 30 minutes before the Yellen news release (RED), but I didn't hear the alarm and woke up too late unfortunately.
"Cast your burden upon the Lord and He will sustain you"
  • #8,034
  • Feb 14, 2017 11:17am Feb 14, 2017 11:17am
If it's Valentines Day in your part of the world then have a great night with your sweetheart.
Behind the curtain's mystic fold The glowing future lies unrolled!!
  • #8,035
  • Feb 14, 2017 12:29pm Feb 14, 2017 12:29pm
Quoting bmcgowra
Wow, there seem to be several hate threads about this thread. Whats going on here? Is this a teaching thread?
Idle hands, sticks, stones and similar time burning habits. Incidentally, happy Valentines day everybody
'in less than half an hour he made over 100 ticks'
  • #8,036
  • Feb 14, 2017 12:34pm Feb 14, 2017 12:34pm
Quoting dove_alliance
We are going back with the Magenta attachment showing below: {image} Take note of the Contour line and how it is placed below the SAR Price tag with the Magenta attach with the SAR. Now take a look at this screen shot with the Magenta no longer showing: {image} And the reason is because the Contour line is now in the proper place and eliminated the divergence to be place on the right candle. The variable are limitless and I am showing these variables as they come in.
Can the experts please help me clarify my understanding of this post.

In regards to the contour line: Is this post trying to say that we should only take a trade when the SAR pricetag has attached with the Magenta line/Divergence, but only to take a trade when the open of the next candle is BELOW the contour line (attached on the fib).

I searched this forum for posts on the contour line all day yesterday and today to understand it better. So I'm not sure if I'm interpreting it correctly. If anyone can help me understand this topic, I would really appreciate it and pray for you.
"Cast your burden upon the Lord and He will sustain you"
  • #8,037
  • Feb 14, 2017 2:07pm Feb 14, 2017 2:07pm
Your answer is a few posts below the one you quoted.
  • #8,038
  • Feb 14, 2017 2:09pm Feb 14, 2017 2:09pm
Quoting rcbarlow
Your answer is a few posts below the one you quoted.
This free system?
  • #8,039
  • Feb 14, 2017 2:42pm Feb 14, 2017 2:42pm
Quoting every.search
{quote} This free system?
if you taking about money yes.

however your time, patience and will are what is needed to get anywhere with this system and believe me they are more important than money.

good luck
Stop killing our Oceans, Stop using single use plastics.
  • #8,040
  • Feb 14, 2017 4:30pm Feb 14, 2017 4:30pm
My evaluation for yesterdays trade plan -

Evaluation: I entered the market counter trend on the 1 & 2hr charts and have read repeatedly that this is bad trading. No excuse. Class this entry as a loss right now. Go back to reading rules & this time make retention better.
Also noted that we now trade 40/40 and nothing else according to the thread. All future trades are 40/40.
Trade closed 16 hrs after entry due to market news for EUR. 0.8 pip Loss.
1st Entry was poorly planned as broke the trend rule for 1 & 2 hr charts.
2nd entry on plan was not taken. Short entry was not made as the SAR was under the SAR of 120.387 but the 4 horsemen indicate an uptrend on both the 1hr & 2 hr charts. Thus this scenario does not fit with my plan for a short entry. Unsure how to proceed so staying out of the market. Investigate tomorrow for a better entry point & when refreshed.
2hr chart as attached.
Attached Image (click to enlarge)
Click to Enlarge Name: 14-2-17 final screenshot.png Size: 85 KB
If you make up your own rules then the story is sad.....
4 traders viewing now