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The Paradox System

  • #8,261
  • Feb 27, 2017 6:59am Feb 27, 2017 6:59am
Paradox7 - where is your self-evaluation on your trade?
The Dove - Forex Trainer
  • #8,262
  • Edited 7:58am Feb 27, 2017 7:42am | Edited 7:58am
Quoting dove_alliance
{quote} Here we got a new trader talking about greed already; and doesn't follow the rules. I did not see an H2 entry chart when you pulled the trigger and also no self-evaluation accept commenting on the 40/40 rule in wanting more pips. On your next trading plan be sure to post your H2 entry chart and also a self-evaluation of the trade.
This is the H2 chart a after I take the SAR entry.

As SAR is early sign of long and DB gonna connect with SAR to confirm this long. And I wait until DB shows up and close this trade. I know I get more than 40 pips but with DB not show up and Para on H2 flipped before Purple cross EMA, I feel confident that market still have room going long coz I have faith in your system.
Attached Image (click to enlarge)
Click to Enlarge Name: H2.png Size: 109 KB
  • #8,263
  • Feb 27, 2017 8:03am Feb 27, 2017 8:03am
Quoting Yumilong
{quote} This is the H2 chart a after I take the SAR entry. As SAR is early sigh of long and DB gonna connect with SAR to confirm this long. And I wait until DB shows up and close this trade. I know I get more than 40 pips but with DB not show up and Para on H2 flipped before Purple cross EMA, I feel confident that market still have room going long coz I have faith in your system. {image}
Lets start with your statement:

As SAR is early sigh of long and DB gonna connect with SAR to confirm this long.

This statement is incorrect and false. Which means you need to go back and study and find the correct answer.

Your trade was a counter-trade and the only reason you got 45 is because of one element in which you did not see - or you would had mentioned it. But no-matter what - after you had study you would then realized going long on the SAR was one big mistake. You just got lucky because of the element you did not see.

The rule is 40/40 PERIOD. Greed is a destroyer for a trader and will eventually take you down. My suggest is to never, ever get greedy. What you need to do now is go through your trade and find the element that had helped you to get lucky.
The Dove - Forex Trainer
  • #8,264
  • Edited 8:34am Feb 27, 2017 8:19am | Edited 8:34am
Quoting dove_alliance
{quote} Lets start with your statement: As SAR is early sigh of long and DB gonna connect with SAR to confirm this long. This statement is incorrect and false. Which means you need to go back and study and find the correct answer. Your trade was a counter-trade and the only reason you got 45 is because of one element in which you did not see - or you would had mentioned it. But no-matter what - after you had study you would then realized going long on the SAR was one big mistake. You just got lucky because of the element you did not see. The rule...
Sorry dove, I may not explain well.
I think what I want to say is SAR is the early sigh of long in this situation.

We have 3 bar consolidation between 23.6 and 0 on H2 before SAR appears and second bar try to create a new low. We also get an open bar above smooth. On H1, Para flipped place market in consolidation.
And all Fibos are green.
These are the main reasons taking long and not the SAR. SAR just another confirmation and entry.

I hope I get right this time and thank you for your patient. English is not my first language and hope not much mistake here.
  • #8,265
  • Feb 27, 2017 9:18am Feb 27, 2017 9:18am
I want to bring something up to show that traders do not read everything. There are traders still have the D/B and SAR on their H1 chart. About a week or two ago a trader posted their H1 chart showing the DB/SAR on that chart. Another trader posted a comment telling this trader, the DB/SAR did not belong on the H1 chart. This trader totally ignored him and still post his H1 chart with the DB/SAR.

There are other traders talking about the DB/SAR on their H1 chart. And I had stated very clearly the DB/SAR does not belong on the H1. I also stated very clearly the reasons why. So - what is the problem? The problem is traders think they know more then the benchmark.

Below is a screen shot of what the H1 should look like on your platform. It has the basics and the Converter and that is it. If you want to continue disregarding then so be it. I admit it was my mistake in uploading the H1 as it is; but did not realize the complications it would effect in how traders perceive it on its value - which is none. So - I had posted for everyone to eliminate the DB/SAR on their H1 chart. And to this day - it is still the same. The screen shot below is off my H1. I do not use the H1 accept for a reference about 10% of the time. I use the H2 and Daily for all of my trading.

What you do is up to you. But if you lose a trade because of the H1 then don't complain to me.
Attached Image (click to enlarge)
Click to Enlarge Name: H1 Chart.PNG Size: 54 KB
The Dove - Forex Trainer
  • #8,266
  • Feb 27, 2017 9:26am Feb 27, 2017 9:26am
Quoting Yumilong
{quote} Sorry dove, I may not explain well. I think what I want to say is SAR is the early sigh of long in this situation. We have 3 bar consolidation between 23.6 and 0 on H2 before SAR appears and second bar try to create a new low. We also get an open bar above smooth. On H1, Para flipped place market in consolidation. And all Fibos are green. These are the main reasons taking long and not the SAR. SAR just another confirmation and entry. I hope I get right this time and thank you for your patient. English is not my first language and hope not...
OK - now we are on the same page. But again; the SAR was not a sign of a long. If anything - it was a sign of a short on the next bar. BUT - you are still missing the REASON for going long. If it was not for that one reason you would had lost that trade. That is what I want you to tell me: the ONE REASON it was going long.
The Dove - Forex Trainer
  • #8,267
  • Feb 27, 2017 9:45am Feb 27, 2017 9:45am
Quoting dove_alliance
{quote} OK - now we are on the same page. But again; the SAR was not a sign of a long. If anything - it was a sign of a short on the next bar. BUT - you are still missing the REASON for going long. If it was not for that one reason you would had lost that trade. That is what I want you to tell me: the ONE REASON it was going long.
I think it is the Divergence on H2.
  • #8,268
  • Feb 27, 2017 9:57am Feb 27, 2017 9:57am
Quoting Yumilong
{quote} I think it is the Divergence on H2.
Apparently you don't have the answer. I have talked about BALANCE throughout this tread especially with the Daily Chart. I also have stated that Balance is the most important element with the Paradox. Everything in life is about Balance. If you get sick then your body is imbalanced. Every thing that is created by man is balanced. Everything that is created by God is balanced. And everything about the Paradox is about balance.

The reason your trade went long is because the Daily was imbalanced. It had to go long to connect with Purple for the balance. Or gone sideways to connect with Purple. If the Daily was balanced when you pulled the trigger then you would had been a loser because the Daily was down; and is still down. You had pulled the trigger on the blind side and was lucky that the Daily had to be balanced.

Are you seeing the big picture now?
The Dove - Forex Trainer
  • #8,269
  • Feb 27, 2017 10:15am Feb 27, 2017 10:15am
Quoting dove_alliance
{quote} Apparently you don't have the answer. I have talked about BALANCE throughout this tread especially with the Daily Chart. I also have stated that Balance is the most important element with the Paradox. Everything in life is about Balance. If you get sick then your body is imbalanced. Every thing that is created by man is balanced. Everything that is created by God is balanced. And everything about the Paradox is about balance. The reason your trade went long is because the Daily was imbalanced. It had to go long to connect with Purple for...
Is it the daily Fibo Up and 4 horsemen and Para/ROMAR all down which place market imbalanced?
  • #8,270
  • Feb 27, 2017 10:18am Feb 27, 2017 10:18am
If you traders are skimming through these 400+ pages and not reading everything then it is your lost and not mine. Every single post I make is of importance. If you are looking for a fast way to track then you will be missing some very important information leaving you drowning in your own sorrow. There is no fast way of learning - you either do it; or keep struggling. It is all up to you.
The Dove - Forex Trainer
  • #8,271
  • Feb 27, 2017 10:20am Feb 27, 2017 10:20am
Quoting Yumilong
{quote} Is it the daily Fibo Up and 4 horsemen and Para/ROMAR all down which place market imbalanced?
Asking this question is showing me you had not read anything about balance.
The Dove - Forex Trainer
  • #8,272
  • Feb 27, 2017 10:23am Feb 27, 2017 10:23am
Quoting Paradox7
Date: 2-26-17 Daily: ROMAR - Resistance EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Down Last DB Attachment - 118.225 Fibo up or down - Up Notes: Still in a daily downtrend, new DB/SAR/Divergence attachment last weekend which could indicate ending of trend but still paying attention to the 4 Horsemen. 2 HR: OPEN PRICE - 118.408 ROMAR - Resistance EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing - Down Last EMA Alert Arrow - Down Last DB Attachment - 118.225 Fibo up or down...
Hi Paradox7, I know we aren't supposed to comment until your self evaluation is posted as per rules Dove has said. I see your trade just missed out on 40 pips would be great if we could all discuss this once your evaluation is posted.
Never Give Up
  • #8,273
  • Feb 27, 2017 10:23am Feb 27, 2017 10:23am
I want to bring something to attention even if is unrelated to the balance topic, now that Dana posted his H1 chart I was removing MA lines from my H1 chart and realised that my data is slightly different (using forex.com of course), notice the small difference by looking at ROMAR in the latest candles (my GMT is correct also, using same than Dana):
Attached Image (click to enlarge)
Click to Enlarge Name: H1 different.png Size: 110 KB



could it be due to being a demo account vs live account from Dana? I'm really curious about this. Any ideas?

Regards.
"Know thyself."
  • #8,274
  • Feb 27, 2017 10:25am Feb 27, 2017 10:25am
Quoting dove_alliance
{quote} Asking this question is showing me you had not read anything about balance.
Sorry Dove, I only finished reading 1/4 of the post and I know a lot need to learn.
Could you please give me some hints what I am missing on Daily so I can go back to the post and find answers ?
  • #8,275
  • Feb 27, 2017 10:45am Feb 27, 2017 10:45am
Quoting Yumilong
{quote} Sorry Dove, I only finished reading 1/4 of the post and I know a lot need to learn. Could you please give me some hints what I am missing on Daily so I can go back to the post and find answers ?
pages 386/388 may help you a little, there is more but will need to find them.

good luck
Stop killing our Oceans, Stop using single use plastics.
  • #8,276
  • Feb 27, 2017 10:48am Feb 27, 2017 10:48am
Quoting dove_alliance
Paradox7 - where is your self-evaluation on your trade?
Sorry Dove was waiting till I got on a computer. Self evaluation: SL hit. Took trade and within in hour or so went down to test previous Divergence low for 37 pips which was 3 from my TP. I was very tempted to TP with the 37 but did not want to break the 40/40 rule and I've been trying to work on discipline more than anything. Divergence was tested and bounced right off it and this was the beginning of the trend end. This is what you were referring to on my last trade when you said I almost lost, instead last time the trend continued but this time it reversed. I also should have been careful of the 3rd Divergence attachment on the H2 chart. All in all, in the moment I saw a short and got close for a win but unfortunately not enough for the full 40 so a loss is a loss. Next time will make sure there is at least 40 for the low or just wait and see if it will break or not
  • #8,277
  • Feb 27, 2017 10:50am Feb 27, 2017 10:50am
Quoting Yumilong
{quote} Sorry Dove, I only finished reading 1/4 of the post and I know a lot need to learn. Could you please give me some hints what I am missing on Daily so I can go back to the post and find answers ?
I am sorry trader - all the information is on this thread and reading only a 1/4 of this thread is not going to get you anywhere. There are no short-cuts in learning. You have to do it yourself and if you don't want too - then you are wasting your time. Once a trader has posted a trading plan and after their self-evaluation and I find they are not learning; then I send then back to learn. It is your responsibility to learn.
The Dove - Forex Trainer
  • #8,278
  • Feb 27, 2017 10:53am Feb 27, 2017 10:53am
Quoting miau1
I want to bring something to attention even if is unrelated to the balance topic, now that Dana posted his H1 chart I was removing MA lines from my H1 chart and realised that my data is slightly different (using forex.com of course), notice the small difference by looking at ROMAR in the latest candles (my GMT is correct also, using same than Dana): {image} could it be due to being a demo account vs live account from Dana? I'm really curious about this. Any ideas? Regards.
The H1 is only a reference chart and nothing more. Your tick may be off slightly but that is not a problem because of location. But your demo is the same as a live account.
The Dove - Forex Trainer
  • #8,279
  • Feb 27, 2017 10:57am Feb 27, 2017 10:57am
Quoting Paradox7
{quote} Sorry Dove was waiting till I got on a computer. Self evaluation: SL hit. Took trade and within in hour or so went down to test previous Divergence low for 37 pips which was 3 from my TP. I was very tempted to TP with the 37 but did not want to break the 40/40 rule and I've been trying to work on discipline more than anything. Divergence was tested and bounced right off it and this was the beginning of the trend end. This is what you were referring to on my last trade when you said I almost lost, instead last time the trend continued but...
OK - what I want you to do is go through everything this morning that has been posted and read about balance. That is the reason you lost your trade. If it wasn't for the balance you would had a good trade.
The Dove - Forex Trainer
  • #8,280
  • Feb 27, 2017 11:05am Feb 27, 2017 11:05am
Quoting jakdan
{quote} pages 386/388 may help you a little, there is more but will need to find them. good luck
Traders - when I am working with a trader and tell them they have to go searching does not mean you can tell then how to find the answers. I would greatly appreciate it not posting where to find the answers. I have my reasons in telling a trader to go searching. Just like with Yumilong - he hasn't learned anything but only looking for short-cuts.
The Dove - Forex Trainer
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