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The Paradox System

  • #9,501
  • May 19, 2017 2:57pm May 19, 2017 2:57pm
This will be a very long learning and reading weekend to catch almost 475 pages .

I have just subscribed this week and read only over some postings.. and by only overreading some of Dove's posts, it seems that i will not only learn how to trade but also how to set the right mind referring to i.eg. objective vs. subjective, fear... so also a learning for live...

Thanks a lot in advance.
  • #9,502
  • May 19, 2017 4:36pm May 19, 2017 4:36pm
Quoting dove_alliance
{quote} Lightnight - you have been posting here since March of last year and you still not following the rules of this system. You been told that the broker is compromising you and you need to change demo's. Even the candle countdown is totally wrong. Plus you can't even post a proper trading plan. Until you get it right - we can't help you.
I left shorty after you. I have not practiced the system since then.
I am counting 40.. I read somewhere that is what it should be.
How can ypu tell it is compromising me?
  • #9,503
  • May 19, 2017 4:53pm May 19, 2017 4:53pm
Quoting lightnight4
{quote} I left shorty after you. I have not practiced the system since then. I am counting 40.. I read somewhere that is what it should be. How can ypu tell it is compromising me?
Look, just use the same than everybody else for charting purposes. We need to have same charts or brings confusion, you have an example in the latest posts.

Then when you are ready, you can use the demo for charting and place the operations wherever you prefer, not a big deal.

Cheers.

Edit. And he's right, your candle amount is not right.
"Know thyself."
  • #9,504
  • May 19, 2017 5:21pm May 19, 2017 5:21pm
Quoting lightnight4
{quote} I left shorty after you. I have not practiced the system since then. I am counting 40.. I read somewhere that is what it should be. How can ypu tell it is compromising me?
It should be the broker forex (dot) com. They are the broker everyone should be using for charting purposes as far as I can understand. 5 daily candles per week. It is much simpler if everyone uses the same broker, as they differ in certain situations, like amounts of candles per week. Also, set your offset time depending on your time zone. That broker is what Dana uses, and since he is our teacher, I would be inclined to follow his directions. The Paradox is difficult enough to grasp as it is without introducing more complications.
  • #9,505
  • May 19, 2017 7:55pm May 19, 2017 7:55pm
Whew! Just started reading through everything posted today and of course realized my charts didn't match Dana's. But happy ending...have a good weekend all.
  • #9,506
  • Edited 2:22pm May 20, 2017 2:52am | Edited 2:22pm
Attached Image (click to enlarge)
Click to Enlarge Name: paradox_entry1_forex_wide.png Size: 36 KB

This is the chart obtained through forexdotcom.

I entered where the blue line is. Sold where light blue line horizontal line is.
All happened at the green 4th candle after the last green arrow.

Daily chart:
Attached Image (click to enlarge)
Click to Enlarge Name: paradox_entry1_forex_daily.png Size: 33 KB



news: gbp cad
DAILY
romar up (rule:market is above romar)
ema up (rule:sma is above romar)
purple up ((ruleurple is above ema)
ema support close, parabolic support
fibo 22%
purple white crossing, purple smooth crossing going down?
H2
romar down
ema down
purple up
support four hourses, sma
romar support
four horses up
green up
H1
romar up
ema down
purple up
four horses up
green up

PLAN
Entering up if it goes above smooth/purple/white group in daily char.. As they can provide much resistance.
Then there will be no resistance
Within hours I am expecting that to happen
Then it entered up because in H1,H2 were in sync (both romar up, ema down.. and purple up) current price was up compared to smooth/purple/white group in daily chart
The result shoot out... win 20 pips... could have been 40 pip just ... almost hit BB
Attached Image (click to enlarge)
Click to Enlarge Name: paradox_entry1_forex.png Size: 38 KB
  • #9,507
  • May 20, 2017 7:13am May 20, 2017 7:13am
Still working on trying to completely understand the Paradox.

I think what would be useful is if, next week, traders who have been using this would be kind enough to post their trading plan alongside screenshots of their daily, 2hr, and 1hr charts. It's just really difficult when reading back at the beginning of the thread when:

1. There's few screenshots of all the charts attached to trading plans.
And,
2. MT4 doesn't show charts going that far back so there's nothing to refer to.

I'm sure I wouldn't be alone in being highly appreciative of some of you sharing your plans?

There's a lot of reading to do, but I think understanding can also come from practical application and seeing what people have done and why they've done it will help the learning.
  • #9,508
  • May 20, 2017 8:18am May 20, 2017 8:18am
Quoting plymgary
Still working on trying to completely understand the Paradox. I think what would be useful is if, next week, traders who have been using this would be kind enough to post their trading plan alongside screenshots of their daily, 2hr, and 1hr charts. It's just really difficult when reading back at the beginning of the thread when: 1. There's few screenshots of all the charts attached to trading plans. And, 2. MT4 doesn't show charts going that far back so there's nothing to refer to. I'm sure I wouldn't be alone in being highly appreciative...

I think this will shorten the learning...
but with my experience you will get more successful by posting your own charts while practicing with notes of your own thoughts and you will digest feedbacks like it is nothing..
  • #9,509
  • May 20, 2017 8:29am May 20, 2017 8:29am
[quote=lightnight4;9891154]{image} This is the chart obtained through forexdotcom. I entered where the blue line is. Sold where light blue line horizontal line is. All happened at the green 4th candle after the last green arrow.

Hi lightnite4,

The 2 Hour chart you posted is only showing 37 candles. What this means is the Fibo's will never be right with the system and are totally wrong with every one else's charts and cannot be used. If you can not choose a higher screen resolution in Windows then as I suspect you are trying to get the charts to work on a laptop which has be discussed many times before in the thread and no matter what you do with the chart shift options in mt4 you will either have too many candles or not enough.
Just trying to help in case Dana or someone else gets annoyed as this problem seems to pop up quite often.

Davie
  • #9,510
  • May 20, 2017 10:24am May 20, 2017 10:24am
Quoting Davie4x
Quoting lightnight4
{image} This is the chart obtained through forexdotcom. I entered where the blue line is. Sold where light blue line horizontal line is. All happened at the green 4th candle after the last green arrow. Hi lightnite4, The 2 Hour chart you posted is only showing 37 candles. What this means is the Fibo's will never be right with the system and are totally wrong with every one else's charts and cannot be used. If you can not choose a higher screen resolution in Windows then as I suspect you are trying to get the charts to
...
No. the chart was not scrolled right.. That is why less candles were visible...
The software should not depend on how many candles are visible.
  • #9,511
  • May 20, 2017 10:41am May 20, 2017 10:41am
Quoting lightnight4
{quote}{quote} No. the chart was not scrolled right.. That is why less candles were visible... The software should not depend on how many candles are visible.
That is how little you know. The Paradox will not work unless it is perfect as I have posted many times over. Begin from page one, read everything, and learn. And I suggest changing your attitude if you want to learn. If not - then go somewhere else.
The Dove - Forex Trainer
  • #9,512
  • May 20, 2017 11:19am May 20, 2017 11:19am
Hi Everyone,

Just finishing another day of studying, I'm on about my tenth pass of Dove's recent tutorial. I have come to the conclusion that ranging is my favourite scenario!

A trader mentioned earlier about posting plans again, I'm hoping either this week coming or the following week to start posting plans each evening and the trades that follow. I stopped for a while to focus on studying but would like another shot at it.

I have picked out a statement from Hendo 'This thread has all the information you need to not be a good trader, but to be a great great trader. To me there is no better feeling in the world from a professional stand point than when I write in my result on my plan. TOOK +40 FROM THE MARKET!'

I would like to thank him for the inspiration and this is the level I aspire to be at. I am determined to never give up, it may take me a lot longer than others, but I will get to this point one day.

Also, lightnight4, you really must have your charts correct. The paradox must be setup exactly as Dove has said. That is why yesterday I had a bit of a panic when I saw my daily looking different to Dove's, as its all about the visuals.
Never Give Up
  • #9,513
  • May 20, 2017 11:50am May 20, 2017 11:50am
Honestly............is anyone here making any consistent profit with this system. I have seen people come and go but I don't see anyone coming out and confirm the viability of this system in the long run.
  • #9,514
  • May 20, 2017 12:37pm May 20, 2017 12:37pm
Quoting Ss45
Honestly............is anyone here making any consistent profit with this system. I have seen people come and go but I don't see anyone coming out and confirm the viability of this system in the long run.
There are 5 traders that I know off that are over 95% consistent profit with the Paradox, and I am one of them. Two of them pop in every once in awhile as they have no need to be here. The other three is myself, Shaun, and Chad and we are here to help others to reach the same plateau as we are at; one of the 5%. The reason there are many that do not stay is because they have no heart in learning. If you got 6+ months in learning then start on page 1. If not then keep searching for your dream.
The Dove - Forex Trainer
  • #9,515
  • May 20, 2017 1:02pm May 20, 2017 1:02pm
Quoting lightnight4
{quote}{quote} No. the chart was not scrolled right.. That is why less candles were visible... The software should not depend on how many candles are visible.
Hi lightnite4,

Just one final attempt to get you setup with your charts. Go to one of your open charts and click the middle square on the top right corner to Maximise the chart as I can see the 1H chart showing behind your Daily.
Make sure that there is nothing on the left hand side (Market Watch, Navigator etc.) open so that the chart is the entire width of your computer screen with no background desktop or borders showing.
See how you get on with that but if you are using a laptop then you will never get it to work properly.

Davie
  • #9,516
  • May 20, 2017 1:52pm May 20, 2017 1:52pm
Quoting Ss45
Honestly............is anyone here making any consistent profit with this system. I have seen people come and go but I don't see anyone coming out and confirm the viability of this system in the long run.
Following this thread from the very beginning and my faith to Paradox System has already passed beyond the words of the creator of the system.

In other words, if one day, Dove_Alliance tells that this system is not 100%, I would not beleive in him.

I hope that helps.
There are no weapons that will form against my financial prosperity.
  • #9,517
  • May 20, 2017 2:45pm May 20, 2017 2:45pm
Quoting Davie4x
{quote} Hi lightnite4, Just one final attempt to get you setup with your charts. Go to one of your open charts and click the middle square on the top right corner to Maximise the chart as I can see the 1H chart showing behind your Daily. Make sure that there is nothing on the left hand side (Market Watch, Navigator etc.) open so that the chart is the entire width of your computer screen with no background desktop or borders showing. See how you get on with that but if you are using a laptop then you will never get it to work properly. Davie
I'm using forexdotcom broker, on a pretty massive desktop screen. These charts should be correct in my understanding?

edit: I restarted mt4 after the close on Friday
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot (1).png Size: 373 KB
Click to Enlarge Name: Screenshot (2).png Size: 379 KB
Click to Enlarge Name: Screenshot (3).png Size: 372 KB
  • #9,518
  • May 20, 2017 2:56pm May 20, 2017 2:56pm
Heya.

For the 80% win ratio requirement for posting trade plan, are the break evens left out completely?
  • #9,519
  • May 20, 2017 3:03pm May 20, 2017 3:03pm
Quoting birpinar
{quote} Following this thread from the very beginning and my faith to Paradox System has already passed beyond the words of the creator of the system. In other words, if one day, Dove_Alliance tells that this system is not 100%, I would not beleive in him. I hope that helps.
I've been following since beginning of February this year and Im with you on this. The only loosing trades are when we are wrong, not the Paradox system. If you trade within the rules then its +40 every trade.
Never Give Up
  • #9,520
  • May 20, 2017 3:14pm May 20, 2017 3:14pm
Quoting Nikitafen
{quote} I'm using forexdotcom broker, on a pretty massive desktop screen. These charts should be correct in my understanding? edit: I restarted mt4 after the close on Friday {image} {image} {image}
Keep reading the thread, it explains exactly how many bars you need to display and how to get it with 1600x900 and with higher resolutions (Contax was explaining how to make it display the right amount of bars with a higher resolution like yours if I recall correctly).

Regards.
"Know thyself."
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