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The Paradox System

  • #8,141
  • Feb 21, 2017 12:53am Feb 21, 2017 12:53am
Thank you for all your teaching.
I joined this thread a while ago and committed to learn and implement everything.
My wife died on December 30th so haven't had much focus since then.
Have read about 11 pages of the thread so far. Hope I can catch up.
I too believe and love God and am a follower of Jesus. I'm a pastor actually.
God bless you for the gift of this system.
  • #8,142
  • Edited 8:06am Feb 21, 2017 1:09am | Edited 8:06am
gents 1st go at plan comments both + and - are welcome


DAILY CHART - DATE: 21/02/17 6.38 GMT

ROMAR: Resistance

EMA: Resistance

Parabolic: Resistance

NOTES: All three support/resistance are in compliance for a strong downtrend. Market now at purple resistance.








































2 HOUR CHART:

Opening: 119.997 -120.244

ROMAR: Resistance

EMA: Support

Parabolic: Support

NOTES: The two hour has all 4 horsemen acting as support in a very tight range with the market sitting on top. DB / SAR attached at the swing high of the range.


































1 HOUR CHART:

ROMAR: Resistance

EMA: Support

Parabolic: Support

Notes: The 1 hour is also ranging through the middle of the market all below purple acting as support. ROMAR is playing its part as strong resistance with the last 4 candles failing at a break.



Entry: looking for short when purple crosses white and EMA and Para is eliminated. looking for short when purple crosses white. EMA crosses purple and PARA is eliminated.
Long will be tough as both ROMARs are within touching distance and against the main trend.
Stop killing our Oceans, Stop using single use plastics.
  • #8,143
  • Feb 21, 2017 2:24am Feb 21, 2017 2:24am
Quoting Lyall
Thank you for all your teaching. I joined this thread a while ago and committed to learn and implement everything. My wife died on December 30th so haven't had much focus since then. Have read about 11 pages of the thread so far. Hope I can catch up. I too believe and love God and am a follower of Jesus. I'm a pastor actually. God bless you for the gift of this system.
Lyall

I am very sorry to hear your news, I offer you my sincerest condolences and prayers.

You can certainly catch up. If you look at the attachments (paper clip at the top) you will find weekly word summaries from the very beginning. A lot of what you need to learn is in those summaries. Otherwise, I would open up a word processer, and go through each page cutting and pasting Dana's posts, then save that document for reference.

If you need any help - just shout out and someone on the thread will help you.

Blessings
Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,144
  • Feb 21, 2017 2:26am Feb 21, 2017 2:26am
Quoting jakdan
gents 1st go at plan comments both + and - are welcome DAILY CHART - DATE: 21/02/17 6.38 GMT ROMAR: Resistance EMA: Resistance Parabolic: Resistance NOTES: All three support/resistance are in compliance for a strong downtrend. Market now at purple resistance. 2 HOUR CHART: Opening: 119.997 -120.244 ROMAR: Resistance EMA: Support Parabolic: Support NOTES: The two hour has all 4 horsemen acting as support in a very tight range with the market sitting on top. DB / SAR attached at the swing high of the range. 1 HOUR CHART: ROMAR: Resistance EMA: Support...
Hello My friend,

I don't know if you were attempting to post charts but it hasn't worked. Did you use the insert button, after moving your cursor to below each text section?

Regards
Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,145
  • Feb 21, 2017 2:50am Feb 21, 2017 2:50am
Quoting hoss
{quote} Be careful in these instances. You are trading against the 2 hour parabolic. This could turn into a slider.
Hi hoss,
I waited until purple crossed white and eliminated parabolic as support...
you can see it in the attached pic

pipon
  • #8,146
  • Feb 21, 2017 2:58am Feb 21, 2017 2:58am
My trade is still open, so I not new trading plan
  • #8,147
  • Feb 21, 2017 4:03am Feb 21, 2017 4:03am
Hi Team,

Just wanted to say 'hi' after a long sojourn in China - which was very interesting in itself! Back in Australia yesterday and looking forward to getting back to a routine and catching up on everything missed. Apologies for not messaging earlier - internet wasn't as freely available as I'd hoped while away (couldn't access email server etc).

Hope everyone is doing great will be posting back to normal in coming week or so.

Nick
  • #8,148
  • Feb 21, 2017 4:13am Feb 21, 2017 4:13am
Hi guys,

I just wanted to share my trade of today. We are in a tight consolidation and as it has been mentioned before, you don't trade from the middle. After the Daily candle opened notice that the Purple resistance was touched in creating the new high with DB/SAR on the H2 chart. The Daily is down and I traded from the top of the ranging, with the ROMAR trend.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2 21-02-2017.png Size: 74 KB
  • #8,149
  • Feb 21, 2017 4:16am Feb 21, 2017 4:16am
Quoting Elflaco
Hi guys, I just wanted to share my trade of today. We are in a tight consolidation and as it has been mentioned before, you don't trade from the middle. After the Daily candle opened notice that the Purple resistance was touched in creating the new high with DB/SAR on the H2 chart. The Daily is down and I traded from the top of the ranging, with the ROMAR trend. {image}
Exactly the same trade as I did
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,150
  • Feb 21, 2017 4:20am Feb 21, 2017 4:20am
Quoting whitford
Hi Team, Just wanted to say 'hi' after a long sojourn in China - which was very interesting in itself! Back in Australia yesterday and looking forward to getting back to a routine and catching up on everything missed. Apologies for not messaging earlier - internet wasn't as freely available as I'd hoped while away (couldn't access email server etc). Hope everyone is doing great will be posting back to normal in coming week or so. Nick
Hi Nick

Nice to see you back again.

Cheers
Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,151
  • Feb 21, 2017 5:58am Feb 21, 2017 5:58am
Quoting shinny
{quote} Hello My friend, I don't know if you were attempting to post charts but it hasn't worked. Did you use the insert button, after moving your cursor to below each text section? Regards Shaun
Sorry guys just me trying to be clever.
hopefully post properly tomorrow
nice entries by the way
Stop killing our Oceans, Stop using single use plastics.
  • #8,152
  • Feb 21, 2017 6:33am Feb 21, 2017 6:33am
My trade hit TP for 40+ pips. I think it was a good trade , I will evaluate it in details later today
  • #8,153
  • Feb 21, 2017 7:46am Feb 21, 2017 7:46am
Quoting pipon
My trade hit TP for 40+ pips. I think it was a good trade , I will evaluate it in details later today
i have been following this thread for quite a while now trying to learn the system
However I dont see your trade you did there in any way conforming to the paradox system
I may be wrong though so would be interested to know if I am wrong
  • #8,154
  • Feb 21, 2017 8:39am Feb 21, 2017 8:39am
Quoting pipon
My trade hit TP for 40+ pips. I think it was a good trade , I will evaluate it in details later today
I'll wait for your evaluation before commenting on your trade.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,155
  • Feb 21, 2017 9:12am Feb 21, 2017 9:12am
Quoting paulr
{quote} i have been following this thread for quite a while now trying to learn the system However I dont see your trade you did there in any way conforming to the paradox system I may be wrong though so would be interested to know if I am wrong
???
http://www.forexfactory.com/showthre...06#post9576306

be sure interested?
  • #8,156
  • Feb 21, 2017 9:25am Feb 21, 2017 9:25am
I took short trade from first open bar below EMA.

Daily is in downtrend with ROMAR as Resistant and 4 horsemen are all down.
H2 is in uptrend at that time with 4 horsemen all up and ROMAR as Resistant. But H2 is also quite shallow with EMA, smooth, white very tight.
Purple cross white on H1 showing that H1 is finishing up the swing and turn back to Daily downtrend.

So, once open bar below EMA/Smooth, I pull the trigger.

Am I doing this right? Or Should I take short trade early when Price touches Daily Purple resistant?

Attached Image (click to enlarge)
Click to Enlarge Name: H2.png Size: 112 KB
  • #8,157
  • Feb 21, 2017 9:53am Feb 21, 2017 9:53am
Quoting paulr
{quote} i have been following this thread for quite a while now trying to learn the system However I dont see your trade you did there in any way conforming to the paradox system I may be wrong though so would be interested to know if I am wrong
Hi paulr, I do not understand what do you mean
  • #8,158
  • Feb 21, 2017 9:57am Feb 21, 2017 9:57am
this is whats confused me , maybe im gonna be told to go back and read 400 pages.
but what i see on your chart when you opened the trade the purple was on the wrong side , the dots are underneath and the macd is above zero .
  • #8,159
  • Feb 21, 2017 10:13am Feb 21, 2017 10:13am
My trade evaluation:
Plan post 8124 , mid term "thoughts" 8,126 , pull the trigger + pic post 8,127

At entry point going short I had with me :
Daily : Romar,EMA,Purple and parabolic as resistance

2H : Romar as resistance , purple crossed white and eliminated psar, but EMA was still support. I did wait for the price to close the 2H candle BELOW EMA.

1H : Romar as resistance , Parabolic just flipped to resistance, but EMA was still support (again with price below it !)

So all things considered, I believe it was high probability trade, according to the paradox.

Looking forward to hear what I miss, and learn from it !
  • #8,160
  • Feb 21, 2017 10:21am Feb 21, 2017 10:21am
Quoting paulr
this is whats confused me , maybe im gonna be told to go back and read 400 pages. but what i see on your chart when you opened the trade the purple was on the wrong side , the dots are underneath and the macd is above zero .
If Im not wrong, look at the entry pic at post 8,127. purple just crossed white (went below it) so parabolics are cencelled as support.
As for the MACD , you are right. I just figured I cant wait until ALL indicators are with me, but lets see what Shinny is saying.
Maybe I'm wrong...
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