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The Paradox System

  • #8,181
  • Feb 22, 2017 9:38am Feb 22, 2017 9:38am
Quoting paulr
its confused me as well , as I thought 1hr and 2 hr had to be in agreement before taking a trade in line with the trend . as per this : If the 1 hour is in sync with the 2 hour then you have a short trend. If the 1 hour is not consistent with the 2 hour then you are in consolidation. Then you wait until the 1 hour is consistent with the 2 hour before you get into a trade. This is how you learn where support and resistance is located according to the Paradox. Post 21
What you are referencing are trends between the H1 and H2. Shaun is referencing the Daily, and by the way, is the correct way to trade. As I have said many times - do not use the H1 as a trading chart but only as reference with the H2 for trends. We are in consolidation across all pairs and Shaun was showing the power within the consolidation. You just have to keep in mind every scenario is different and cannot be used with one another.
The Dove - Forex Trainer
  • #8,182
  • Feb 22, 2017 9:45am Feb 22, 2017 9:45am
Now im totally confused lol

Quoting dove_alliance
{quote} What you are referencing are trends between the H1 and H2. Shaun is referencing the Daily, and by the way, is the correct way to trade.

As I have said many times - do not use the H1 as a trading chart but only as reference with the H2 for trends. We are in consolidation across all pairs and Shaun was showing the power within the consolidation. You just have to keep in mind every scenario is different and cannot be used with one another.
Quoting dove_alliance
.....The Paradox System has 3 charts; 1 hour, 2 hour, and the Daily. You do not need any chart below the 1 hour, or above the Daily. The 1 hour is your trading chart. The 2 hour is reference in changing of trends. The Daily is reference for long term trend and reference with support and resistance......
  • #8,183
  • Feb 22, 2017 9:50am Feb 22, 2017 9:50am
Quoting Clip75
{quote} Correct me if I'm wrong but I don't believe Shaun really looks at the h1 that much. Remember the 1hr was really only for the period converter. My understanding is that the paradox can be traded without it.
I can assure you Shaun does not use the H1 for trading; nor do I.
The Dove - Forex Trainer
  • #8,184
  • Feb 22, 2017 9:52am Feb 22, 2017 9:52am
Quoting paulr
Now im totally confused lol {quote} {quote}
You are confuse because you are looking for short-cuts and have not read the thread. Your concerns are splattered all over this thread.
The Dove - Forex Trainer
  • #8,185
  • Feb 22, 2017 9:58am Feb 22, 2017 9:58am
Quoting paulr
Now im totally confused lol {quote} {quote}
.....The Paradox System has 3 charts; 1 hour, 2 hour, and the Daily. You do not need any chart below the 1 hour, or above the Daily. The 1 hour is your trading chart. The 2 hour is reference in changing of trends. The Daily is reference for long term trend and reference with support and resistance......

This quote was made in the beginning and further down the line I had corrected this statement in what the H1 was for. This means you only reference what you wanted to know and that was it. If you had continued to study then you would not had this concern.
The Dove - Forex Trainer
  • #8,186
  • Edited 2:38pm Feb 22, 2017 2:26pm | Edited 2:38pm
Quoting jakdan
DAILY CHART - DATE: 22/02/17 6.25 GMT ROMAR: Resistance EMA: Resistance Parabolic: Resistance NOTES: All three support/resistance are in compliance for a strong downtrend. SAR attached at the swing low 119.547 Gold divergence also attached to this point 2 HOUR CHART: Opening: 119.782 -119.664 ROMAR: Resistance EMA: Resistance Parabolic: Resistance NOTES: The two hour has all 4 horsemen acting as resistance in a very tight range heading lower with the market sitting below. DB / SAR attached at the swing low @ the Zero fib which is green with a green...
self evaluation: looking for short on a retrace on one of the horsemen to carry on with the trend down. Very similar to the retrace which is happening now! obviously got out of bed to late and missed the big ride, so I stayed patient and caught the 14.00 candle down using the 1 hr 23.6 fib for 20 pips just.
not thinking I was being greedy got in again on the 16.00 candle using the 2 hour PSAR and SAR attachment (just after the EURO news) expecting a retrace? for 20 pips + Trade almost taken out with stop at 119.875. still in trade but not looking good as both smooth and white have crossed purple and PSAR flipped. main trend still down is it worth staying in?
any sort of comments welcome.
snapshot on way, working from different computer

no need for comments just found my answer on post 3130. keep plugging away

Attached Image (click to enlarge)
Click to Enlarge Name: ej.PNG Size: 36 KB
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  • #8,187
  • Feb 22, 2017 3:09pm Feb 22, 2017 3:09pm
Quoting jakdan
{quote} self evaluation: looking for short on a retrace on one of the horsemen to carry on with the trend down. Very similar to the retrace which is happening now! obviously got out of bed to late and missed the big ride, so I stayed patient and caught the 14.00 candle down using the 1 hr 23.6 fib for 20 pips just. not thinking I was being greedy got in again on the 16.00 candle using the 2 hour PSAR and SAR attachment (just after the EURO news) expecting a retrace? for 20 pips + Trade almost taken out with stop at 119.875. still in trade but not...
Jakden, as I see it, EMA is yet Resistance, therefore mkt may move as far south as the horsemen (25-30 pips) before hitting Support and heading north.
  • #8,188
  • Feb 22, 2017 3:35pm Feb 22, 2017 3:35pm
Quoting jakdan
{quote} self evaluation: looking for short on a retrace on one of the horsemen to carry on with the trend down. Very similar to the retrace which is happening now! obviously got out of bed to late and missed the big ride, so I stayed patient and caught the 14.00 candle down using the 1 hr 23.6 fib for 20 pips just. not thinking I was being greedy got in again on the 16.00 candle using the 2 hour PSAR and SAR attachment (just after the EURO news) expecting a retrace? for 20 pips + Trade almost taken out with stop at 119.875. still in trade but not...
I was watching the same time as you on this candle. White had crossed Purple but not smooth. I saw the PSAR and ROMAR just above. My judgement was that ROMAR was the ultimate target that the market would not reach considering the daily trend and we have a full down trend. I dont know why when I look back but probably it is down to so many missed trades NOT getting it right. I waited to take a trade until PSAR was hit and a little further above PSAR and took the short at 119.841 just 5 pips of the top. Just luck I think but I did want to see PSAR hit rather than not.
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  • #8,189
  • Feb 22, 2017 3:48pm Feb 22, 2017 3:48pm
I nearly got my 40 pips but I assumed the PSAR hit (with re-entry back into the trend). However, White had crossed Purple and we don't know where the market is going next. The Paradox says are in consolidation and it could range or move either way.
  • #8,190
  • Feb 23, 2017 1:03am Feb 23, 2017 1:03am
Quoting shinny
{quote} Hi there I am just waiting on something then I'll post a few charts with some notes for info
Hey Shaun any update on this post? Don't mean to rush or anything
  • #8,191
  • Feb 23, 2017 1:17am Feb 23, 2017 1:17am
DAILY CHART - DATE: 23/02/17 6.43 GMT

ROMAR: Resistance

EMA: Resistance

Parabolic: Resistance

NOTES: All three support/resistance are in compliance for a strong downtrend.
DB/SAR attached at the swing low 118.584
Blue dash and Gold divergence also attached to this point

2 HOUR CHART:

Opening: 119.586 119.509

ROMAR: Resistance

EMA: Support

Parabolic: Support

NOTES: The two hour is in an upswing with Purple, White and smooth acting as resistance with the market just below together with the EMA in a tight consolidation. SAR has attached the swing high.

1 HOUR CHART:

ROMAR: Resistance

EMA: Support

Parabolic: Resistance?

Notes: The 1 hour has headed lower with a swing to the down from the open now in a tight consolidation both Smooth and white have slid under purple eliminating The PSAR. A red arrow has shown up and the PSAR has just flipped The market is below all 4 horsemen.

Entry: looking for short on when EMA crosses purple on the 2 Hr to carry on with the trend down.

Looking for Long at the 2 Hr PSAR support if white doesnt cross purple.

Not up to speed with the SAR/DB 0 fib and gold divergence yet .
Stop killing our Oceans, Stop using single use plastics.
  • #8,192
  • Feb 23, 2017 4:48am Feb 23, 2017 4:48am
Quoting dove_alliance
{quote} Pipon - you are missing the boat. Shaun's entries are very clear showing the power that has been taught over and over again with the SAR and the Parabolic. Now go back to the Daily's of Shaun's trades and took again and what do you see?
I guess I need to read some more , until I will get it and clear the conflict I have right now between those entries and the list of the 5 objectives.
Im sure that in time I will understand it !
  • #8,193
  • Feb 23, 2017 4:58am Feb 23, 2017 4:58am
Quoting shinny
Hello Traders I just thought I would do a post to illustrate a very important concept with the Paradox - having Faith in the system. Trust in The Paradox: Yesterday and this morning I pulled up some charts and saw a great situation which illustrates both the power of The Paradox and also that you should trust in it, once you understand it. Firstly, here is a Daily chart (snippet) of EURUSD showing a downtrend: {image} Now here is the 2hr with my entry: {image} A straightforward +40 I am sure you will agree. Moving on, here is a Daily chart of AUDUSD,...
Thanks Shaun for this excellent post. It helped me a lot to get a better understanding. Right now I stopped posting trading plans because the result of my last posted trades was not according the Paradox (and not successful). Currently I am back on my script and study. Hopefully I will have more success with my next trading plan.
  • #8,194
  • Feb 23, 2017 7:02am Feb 23, 2017 7:02am
Hi guys,

Just wanted to share another trade in consolidation. The Daily candle opened at 23.6 Fibo with the horsemen in a downtrend. On H2, notice how the 61.8 has been tested numerous times and held as resistance. We had an open candle below Purple and I took the short with confluence of H2 61.8 and Daily 23.6 Fibo levels. I made the entry at the arrow, market got 2 pips from TP and retraced to hit my SL at BE. I re-entered for the same reasons and made it to 40.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2 23-02-2017.png Size: 69 KB
  • #8,195
  • Feb 23, 2017 8:02am Feb 23, 2017 8:02am
Quoting jakdan
... got in again on the 16.00 candle using the 2 hour PSAR and SAR attachment (just after the EURO news) expecting a retrace? for 20 pips + Trade almost taken out with stop at 119.875. still in trade but not looking good as both smooth and white have crossed purple and PSAR flipped. main trend still down is it worth staying in? any sort of comments welcome. snapshot on way, working from different computer no need for comments just found my answer on post 3130. keep plugging away {image}
I think it was not the same scenario as described in post 3130. The SAR broke away from the DB and attached with the Parabolic on the other side of Purple as described in post 7883; DB did not attach with SAR for going long as described in post 3130.
  • #8,196
  • Feb 23, 2017 9:00am Feb 23, 2017 9:00am
Quoting marian
{quote} I think it was not the same scenario as described in post 3130. The SAR broke away from the DB and attached with the Parabolic on the other side of Purple as described in post 7883; DB did not attach with SAR for going long as described in post 3130.
thanks for that Marian, another twist in the tail makes me understand a little bit more each time.im not up to 7883 yet. getting the basics is hard enough.I also left the trade in and it has almost paid off as I trusted the 40 pip stop and it is doing ok again.keep on reading.ive also added another short position (todays 40 pips and only practicing on DEMO) As per my plan.love this more and more each day
Stop killing our Oceans, Stop using single use plastics.
  • #8,197
  • Feb 23, 2017 9:08am Feb 23, 2017 9:08am
Quoting jakdan
{quote} thanks for that Marian, another twist in the tail makes me understand a little bit more each time.im not up to 7883 yet. getting the basics is hard enough.I also left the trade in and it has almost paid off as I trusted the 40 pip stop and it is doing ok again.keep on reading.ive also added another short position (todays 40 pips and only practicing on DEMO) As per my plan.love this more and more each day
The more you learn this system, the more pleasurable trading becomes
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #8,198
  • Feb 23, 2017 11:54am Feb 23, 2017 11:54am
Quoting shinny
{quote} The more you learn this system, the more pleasurable trading becomes
I second that :-)
  • #8,199
  • Feb 23, 2017 12:01pm Feb 23, 2017 12:01pm
question!

what is the meaning of the divergence which has just attached on the 2 hr?

ive just went down stairs for dinner and I am positive it wasn't there before?

still reading and learning about it so a hands on view would be appreciated.

thanks in advance
Stop killing our Oceans, Stop using single use plastics.
  • #8,200
  • Feb 23, 2017 12:48pm Feb 23, 2017 12:48pm
Quoting jakdan
question! what is the meaning of the divergence which has just attached on the 2 hr? ive just went down stairs for dinner and I am positive it wasn't there before? still reading and learning about it so a hands on view would be appreciated. thanks in advance
Your correct, it wasn't there before.

Do me a favour, and screen shot this situation, then later screen shot it again. You might have to take three screen shots or so to capture everything, but you will then have your answer, and for future reference too
Nobody can be told what The Matrix is. You'll have to see it yourself.
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