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The paradox System 2023 (for beginners) 716 replies

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Attachments: The Paradox System
Exit Attachments

The Paradox System

[quote=shinny;9675114]Hello Traders I thought I would share my entry with you today. I entered on the open bar with the arrow after the retracement to smooth. I hope that that trade is self explanatory? ...

Thanks Shaun - appreciate it. Haven't got it all but will do soon.
If you make up your own rules then the story is sad.....
Adjustment to plan: 1830hrs Sydney chose to make adjustment - Market news completed EMA set to cross ROMAR to be R. Hold and close of the H2 candle (2000Hrs Sydney) so as to be at least 2hrs away from market news and when confluence of down trend and also with H1 - to PT - assumes the market hasnt left too far south throughout watch. Should market move too far south - stay out of market - must have room (remember lesson).
Evaluation: Check on chart at 2200hrs showed SAR with a purple cross white and possible cross smooth on the next H2 candle. This latter attempt at entry after adjustment to plan was not successful until a few hours later where we had a possible swing in motion and a successful purple/white/smooth crossing then crossing EMA cross of purple & confluent with the daily as well as H1 for a Long if the H2 candle stays this way.
Conclusion: Actual Entry was poor because late and also possibly early - meaning it was midtrade of trend because 1st entry was clearly the time to PT at the H2 opening of Sydney session with a purple cross white then cross smooth all in a 2 candle range plus the slide under the EMA indicating a continuance of the consolidated down trend. Market news due, so stayed out as taught....Bugger. 2nd entry & is in fact much riskier than the 1st entry was just after have pulling the trigger where on the H1 we can see the touch of the H1 ROMAR for a down & just scrapes in for a TP40. The 2nd trade is too suspect for a beginners move but note it down anyway in case it can be used in future when more fluent on the Paradox.
All up we can see that student :-
Entered market along trend = Good
Execution of set up was = BAD and Late and/or perhaps early as well.
SL40
Attached Image (click to enlarge)
Click to Enlarge Name: H2 17-3-17 at 8.53.40 am.png Size: 109 KB
If you make up your own rules then the story is sad.....
  • Post #8,623
  • Quote
  • Edited Mar 17, 2017 12:24am Mar 16, 2017 10:12pm | Edited Mar 17, 2017 12:24am
Going to sit in the naughty corner for the next week & see if can stop pussy footing around.
Shall be peaking from over your shoulders while i take sabbatical.
Time for another newbie to take my place good people. Step up to the plate.
If you make up your own rules then the story is sad.....
  •  jakdan
  • | Joined Apr 2010 | Status: Trade what u see, not what u think. | 629 Posts
Date: 17/03/17 06.16 GMT

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: up
Last EMA Alert Arrow: up
Last DB Attachment: 122.873
Fibo: Down

Notes: The Daily has the 4 horsemen in an up trend, turning over with white sliding purple. DB Attachment at the high 122.873 together with Magenta dash, tag and green divergence. Gold and LB Div at the low red fibo 118.225. SAR attached @121.118. Fibo flip to red.

2 HR:
OPEN PRICE – 122.037– 122.082
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: 122.238
Fibo: Up

Notes: The 2 hour has the four horsemen in a up trend above ROMAR support. DB/SAR attached together with Magenta Dash at a new swing L/H at 122.238.

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Down
Last EMA Alert Arrow: Down
Last DB Attachment: N/A
Fibo: up

Notes: The 1 hour has the four horsemen in an up trend with white sliding Purple.

Final Notes for all three charts: the market is in a full blown uptrend.
Entry:
Consolidation:
Long: Off support in the moment
Short:

NEWS: G20 Meetings all weekend. US prelim Uom @2.00
Stop killing our Oceans, Stop using single use plastics.
Daily:
ROMAR - Support
EMA - Support
PSAR - Support


Notes: daily are in a strong uptrend

2 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Notes: 2h are also in a strong up trend with four horseman support. romar below ema is a strong support

1 HR:
ROMAR - Support
EMA - Support
PSAR - Support

Notes: open on 1h is below than psar but the psar doesn't flip
entry:
i think its a good time to long in 122.010
Attached Image
Quoting OliveBranch
Going to sit in the naughty corner for the next week & see if can stop pussy footing around. Shall be peaking from over your shoulders while i take sabbatical. Time for another newbie to take my place good people. Step up to the plate.
Don't beat yourself so hard, just keep fighting, we all are in the process of learning and failures are just a part of it, and you have the heart -which is what matters the most-, Dana said it himself.
"Know thyself."
  •  jakdan
  • | Joined Apr 2010 | Status: Trade what u see, not what u think. | 629 Posts
Quoting jakdan
Date: 17/03/17 06.16 GMT Daily: ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD 0 crossing: up Last EMA Alert Arrow: up Last DB Attachment: 122.873 Fibo: Down Notes: The Daily has the 4 horsemen in an up trend, turning over with white sliding purple. DB Attachment at the high 122.873 together with Magenta dash, tag and green divergence. Gold and LB Div at the low red fibo 118.225. SAR attached @121.118. Fibo flip to red. 2 HR: OPEN PRICE 122.037 122.082 ROMAR - Support EMA - Support PSAR - Support Check List: Last MACD 0 crossing:...
Self Evaluation: All the signs of the market continuing with the long, only white over purple on the 1 hr was my doubt. not trying to analyze I went long off smooth which was also 1 hr PSAR (however eliminated) market went in my favour for a short while then kept on falling (probably EU news?)
back to the drawing board.
Attached Image (click to enlarge)
Click to Enlarge Name: long off smooth 1703.PNG Size: 71 KB
Stop killing our Oceans, Stop using single use plastics.
Quoting miau1
{quote} Don't beat yourself so hard, just keep fighting, we all are in the process of learning and failures are just a part of it, and you have the heart -which is what matters the most-, Dana said it himself.
You misunderstand dear and kind Miau. Your love is evident and reflected back. if you saw huge post i made before i delete it you would have see Frustration? - yes of course. Am over this baby-like action a little and 'tis now time to rest, reflect and immerse my whole nature into realms of imagination and truth. i am poor in imagination & must develop into metamorphic imaginary butterfly. Because Dove say. May take me years - yes ' can be done. As you also say - Dove says it can be done over time. This is truth. Failure is the Parabolic flipside of success. This i must do. i still keep watch and smile from over shoulders of everyone - yet required is the time to meditate and immerse and become still whilst remain in constant action. No more posts from me for a week this is honest. Trade true everyone & God Bless. Spock out.
Tried doing this post in French but found it a little hard & give up very easy like whimpy baby - no body help easy me. Baby often talk but not do the walk. French not my 1st language. Au Revoir jusque là
If you make up your own rules then the story is sad.....
Quoting jakdan
{quote} Self Evaluation: All the signs of the market continuing with the long, only white over purple on the 1 hr was my doubt. not trying to analyze I went long off smooth which was also 1 hr PSAR (however eliminated) market went in my favour for a short while then kept on falling (probably EU news?) back to the drawing board. {image}
Hi Ant as I understand we shouldnt be trading today as its G20 meetings today and over the weekend I remember Dove saying to take a 3 day weekend when this happens. Could be wrong though!
Never Give Up
Subscribed, waiting for your valuable opinions...
  •  jakdan
  • | Joined Apr 2010 | Status: Trade what u see, not what u think. | 629 Posts
Quoting Retrogue
{quote} Hi Ant as I understand we shouldnt be trading today as its G20 meetings today and over the weekend I remember Dove saying to take a 3 day weekend when this happens. Could be wrong though!
no mate you are correct. live and learn.
Stop killing our Oceans, Stop using single use plastics.
its just a question,wrong so i delete.

i dont want to make anyone out of here,i said many times, this is a good system. and dove is a kind man, and i told my friends here to learn.

i just want to say is i dont know "student" also means teacher in english before!!!!!!!!, thats all what i want to say.
  •  jakdan
  • | Joined Apr 2010 | Status: Trade what u see, not what u think. | 629 Posts
https://www.forexfactory.com/webkit-...6e9e/imagejpeg
Stop killing our Oceans, Stop using single use plastics.
Quoting wannasay
thank u dove, but there are lots of indicators will be repaint as i confirmed. as dove said"only DB repaints" but in fact,the most important ind that "PSAR" will repaint too,and all the arrow will repaint,up and down. just press "ctrl+r"in your MT4 .set up like the picture which i upload. next press start ,just be patient,u will see the psar swing up and down. thats interesting.(symbol u can choose ej rj any way/.) arrows are same as the psar,but i think all the arrows are useless in dove system. so when u guys see my post,i have already been pushed...
This is a troll in which had used 4 usernames trying to get spoon fed and other information. He is the one trying to convince everyone he couldn't speak English.
The Dove - Forex Trainer
Quoting wannasay
thank u dove, but there are lots of indicators will be repaint as i confirmed. as dove said"only DB repaints" but in fact,the most important ind that "PSAR" will repaint too,and all the arrow will repaint,up and down. just press "ctrl+r"in your MT4 .set up like the picture which i upload. next press start ,just be patient,u will see the psar swing up and down. thats interesting.(symbol u can choose ej rj any way/.) arrows are same as the psar,but i think all the arrows are useless in dove system. so when u guys see my post,i have already been pushed...
paradox system is the system about support resistance and trend，not the system with some "non-repaint" indicator with arrow signal to told you buy after green arrow appeared or sell when red arrow appeared. Pls read all the information before posting such fool query

And Paraboric sar is the indicator that never repaint once the bar is finished, if you are experienced trader ,than you must know how the paraboric indicator work.

In my opinion This is the system that guide you in trend and show you the s/r and the market condition with those indicator , all we need is study to understand what the indicator do in different situation. That will take alot of time.
Quoting wannasay
thank u dove, but there are lots of indicators will be repaint as i confirmed. as dove said"only DB repaints" but in fact,the most important ind that "PSAR" will repaint too,and all the arrow will repaint,up and down. just press "ctrl+r"in your MT4 .set up like the picture which i upload. next press start ,just be patient,u will see the psar swing up and down. thats interesting.(symbol u can choose ej rj any way/.) arrows are same as the psar,but i think all the arrows are useless in dove system. so when u guys see my post,i have already been pushed...
Don't you have better things top do with your time? If you bothered to read the whole thread you would know about the arrows, as Dana explained them.

Also, if you bothered to just watch the charts, you would know things such as PSAR repaint WHILE THE CANDLE IS OPENED, once it closes (as 90% of entries are at the start of a candle), is set on stone. Seems like you are trying so hard to discourage people, and I personally find that quite sad.
"Know thyself."
Hello everyone,
I've got a question to Dana. Will it be alright if I "trade" using MT4 historical tester on the weekends or it will screw up the data? I think it would be really cool to practice during the weekends on past data.
Dreamer
Quoting dudko777
Hello everyone, I've got a question to Dana. Will it be alright if I "trade" using MT4 historical tester on the weekends or it will screw up the data? I think it would be really cool to practice during the weekends on past data.
The Data opens on Sunday at 17:00 and shuts down at 16:59:55 on Friday when the server shuts down. All data previous of Friday's shut down is still there which means using historical data is a great reference for past history. Opening on Sunday will begin the new data which means you cannot reference it until after Friday shut down. So the answer is yes in referencing until Sunday at 17:00 over each weekend.
The Dove - Forex Trainer
Quoting dove_alliance
{quote} The Data opens on Sunday at 17:00 and shuts down at 16:59:55 on Friday when the server shuts down. All data previous of Friday's shut down is still there which means using historical data is a great reference for past history. Opening on Sunday will begin the new data which means you cannot reference it until after Friday shut down. So the answer is yes in referencing until Sunday at 17:00 over each weekend.
Thanks for reply! I have one more question. It seems I can only set up daily chart for tester using period converter. Will it be alright?
Dreamer
Quoting dudko777
{quote} Thanks for reply! I have one more question. It seems I can only set up daily chart for tester using period converter. Will it be alright?
I have never used the converter on any chart accept the H1. So I have no idea if it will mess up anything on the Daily. Maybe someone else can help you with that question.
The Dove - Forex Trainer
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