The Paradox System

[quote=Nikitafen;9892340]{quote} I'm using forexdotcom broker, on a pretty massive desktop screen. These charts should be correct in my understanding? /quote]

Hi Nikitafen,

Wow far too many candles!
As you are fully zoomed in then best thing to do is to bring down the resolution in Windows/settings/display. It will affect all your programs on the computer so you may need to resize text etc.
Once you get a better amount of candles you will need to right click on each chart go down to Properties/ Colors and change the Grid from none to something like white, then click Ok. A small down triangle will now be at the top of the chart, which you can click and drag all the candles to the right but probably to the left to get your 39 complete candles and the split down the middle candle to make 40.
What I do is to put a mark on the monitor so as I know that my charts are correct when the current candle lines up with the mark(saves me counting).
Remember to check that all 40 are correct when the market re-opens as there is no tick data at the moment being the weekend!

Davie

Sorry Pablo see you posted while I was typing.
Davie

Thank you. I just noticed that in the "DB SAR FIBO" tutorial, Dana mentioned that it was a minimum of a 1600 x 900 resolution. So i thought I was safe with whatever I had, I think it was around 3000 x 1600 or something. Currently updating so I have 39 full candles with half of the 40th showing.

Below is my 1h chart, but I will be updating post 17:00 open tomorrow. I am EST time zone, so my offset is 5.

I appreciate the help.

[quote=Nikitafen;9892427]{quote}{quote} Thank you. I just noticed that in the "DB SAR FIBO" tutorial, Dana mentioned that it was a minimum of a 1600 x 900 resolution. So i thought I was safe with whatever I had, I think it was around 3000 x 1600 or something/quote]

Hi Nikitafen,

Try bringing the resolution down a bit more if all still looks ok in Windows, as your candles are still a bit small then re-adjust the candle count again. Fibo's look fine so far. Also go in to chart Properties /Common this time and click off the box that says Grid to get rid of all the square dotted lines but still leaves the white triangle on the top of the chart.

I got correct candle amount across the 3 time frames. Grids removed. The previous screenshot was 1600 x 900 ( as Dana said they should be), so I probably shouldn't be changing it right?

Also, once I set the chart shift with the triangle, it shouldn't change when i restart mt4?

Hi Nikitafen,

That should be fine as you do seem to have a large monitor.
Go to each chart and save each template again in mt4 by over writing the old one just to make sure, you will still have the originals in a folder on your computer but you are only saving a display layout on not in any way changing any of the system. But do remember to check when the market opens again!

Davie

Now you need to get your spread right. From the first bar on the right to the last bar on the left is 40 bars leaving 39 showing. Keep reading and you will read all about it.

That is correct - no B/E until you have posted an 80% win ration of a 40/40 trades showing trading plans and entries.

Go to the tool bar and zoom all the way in. See what that does.

Yes, it's zoomed in completely - I made sure of that prior to adjusting chart shift. Everything seems on point in terms of the chart preferences.

Hello Dove,
Thank you for the simulation program.
May i ask if there is a minimum level/version Windows you need to operate the SIM?
i have been successful in loading into MT4 & starting button works however nothing progresses after the finishing of the data collection.
Have tried the optimising mode to windows 2000 and use the XP version.
Perhaps if another trader out there is using XP with the SIM without issues they can advise of their success so i can rectify my childish tech skills & retry & reload yet once more.
Thanking you.

I don't know Oli. I have never used it on windows XP - just 7 and 10 and never had any problems with it. Try loading a couple of days of data and see what happens.

Hi,

Did you enable Visual mode?

Every day I go through all the postings. Listen to the traders and examining the trading plans. And trading for as long as I have; and knowing what I know, I sometimes forget at one time I was exactly where most of you are at now - knowing nothing about trading.

Most trader have absolutely any knowledge about support and resistance. Or even how to wrap their minds around the subject. I see entries on an H2 chart and I have too shake my head wondering why that trader is counter-trading a support on an uptrend; or counter-trading a resistance on a downtrend. Especially when it is showing all over the chart.

There is only one way to lose a trade with the Paradox: and that is counter-trading support or resistance. And I can assure you that trade is guaranteed on being a loser. You can never lose a trade if you trade the trend. And that is guaranteed also.

The major problem with traders is the inner fear of pulling the trigger. They lack faith and believing and without faith; then fear establishes itself in every emotion the body can consume and the trade is gone. But the most amazing thing about the Paradox is fear has no control on truth. The Paradox does not lie but only shows the truth. All one needs to do is gain faith in what the system is saying and act on it.

Like I have said many times over: The Paradox is about trend with support and resistance within the trend. If the trend is up; then it is all about trading off support. If the trend is down; it is all about trading off resistance. If the trend is up then support is showing in the chart. If the trend is down then resistance is showing in the chart. It is pretty simple if you think of it in that way.

The indicators on the Paradox are fined tuned like a Ferrari. The power they have amazes me even today. The Parabolic's has so much power it just knocks me over. And then the way EMA syncs with the Parabolic at the Purple's crossing. Purple, White, Smooth manifest themselves in a total support for an uptrend or resistance for a downtrend with the Parabolic flip; and EMA is already in the grove to run with the trend. There is absolutely nothing lagging; they are all spot on for the moment of entry.

That is only a very small part within the Power of the Paradox. The Fibo has so much power that is unbelievable. Watching how the 23.6 works as support in an uptrend; or resistance in a downtrend, along with Purple and Smooth.

Then there is DB and SAR. It is totally amazing in how they work together; especially in a ranging mode. And then the Fibo high and low holding support and resistance as it is ranging. The DB plays a crucial role in knowing the direction of trend when you are creating your trading plan. If the DB is attached on top then the trend is down. If the DB is attached on the bottom then the trend is up. That is very simple. If you are trading against the DB then you are counter-trading. And if ROMAR is going through center towards purple and heading for EMA, with the DB opposite of the ROMAR trend; then ROMAR will be breached with the DB trend. If the SAR appears on a bottom candle in a downtrend; then you wait until it reconnects onto the top of a retrace candle; then take entry back into the trend and vice-versa.

In order to conquer fear you must stop with everything and place your all in studying. What I am finding on your trading plans is going around the same mountain with the same mistakes. Last week I have uploaded a simulator for you to use. So use it and go back where your mistakes happened and find the answers into why. And I can tell you now the answer; your trades where against the trend. If you study that moment when you pulled the trigger, you will see how, and why you traded against the trend.

I suggest very strongly in learning and wrapping your mind around support and resistance of the Paradox. The market is always in trend; even in consolidation. And with every trend there is support going up and a resistance going down. And the Paradox shows it all as the market is moving.

Everyone have a great trading week and God bless us all.

As i already said...a learning for life...

Thank you very much Dove...

I have read and reread many times the first 20 pages (only).
But they are full of information, which needs to be learned and sorted.

Also the way you teach about the market
(and the price) is out of the box..

Haha loved the comparison with Ferrari. Your kind words keep amazing and inspiring me and others. Thank you!

Good evening everyone, here is my plan ready for the market opening.

Date: 21-05-2017 20:00 UK time. Plan made for Sundays opening

News Alerts – Eurogroup meetings scheduled all day (22-05-2017)

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing - down
Last EMA Alert Arrow - up
Last DB Attachment – Down 122.547
Fibo down

Notes: Uptrend but in daily ranging mode with white, smooth and purple running through center of candles. White, purple and smooth still in tight slider, with EMA and parabolics holding support. Last DB attachment was down at the parabolic support with both LSB and Gold divergence. Friday’s close was above the white, purple and smooth slider. Last EMA alert arrow up.

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

Check List:
Last MACD 0 crossing - up
Last EMA Alert Arrow - up
Last DB Attachment – up 124.930
Fibo up

Notes: Uptrend. Heavy parabolic uptrend with Romar crossing EMA in becoming support. Fibo is still showing green with 100 target on top. BB opening up. MACD still up. DB is in trend with magenta normal divergence but no hidden divergence yet. Friday closed with slider under purple for continuance of the uptrend.

1 HR:
ROMAR - Support
EMA - Support
PSAR – Support (eliminated)

Check List:
Last MACD 0 crossing -up
Last EMA Alert Arrow - up
Fibo down

Notes: Uptrend consolidation. White has crossed purple placing H1 in consolidation. EMA holding support with heavy parabolic uptrend. Fibo has flipped for the down.

Final Notes for all three charts: Underlying trend is up, with daily still in ranging mode. H2 swings are in play. Depending on gap from Sunday’s opening, the Paradox story is saying to me the target on H2 is the top of the fibo as the BB opened up and wasn’t hit on Friday and the uptrend isn't finished. H2 is in a heavy uptrend with recent ROMAR EMA cross along with the parabolics. Waiting on pullback to support in a H2 SAR parabolic or SAR EMA hit back into trend for the top of the H2 fibo. At the time of this plan there is roughly 120 pips to the top of the H2 fibo.

Entry:

Long:


Notes for readjustments:

Trading Plan
Sunday Open

Daily:
ROMAR - Support
EMA - Support
PSAR - Support

Notes: Price in consolidation on top of uptrend. Bollinger Bands moving inwards becoming narrower. Fibonacci flip for down move. MACD crossed down below 0 last week. Purple sliding over white. Smooth has not crossed Purple and White yet.

2H:
ROMAR - Support
EMA - Support
PSAR - Support

Notes: White crossing purple for the consolidation. Bollinger Bands widening for up. MACD is above 0. The Bollinger Bands tell me that the uptrend in this consolidation is not yet over. SAR has attached to candle below EMA, saying that the next connection will be on top when SAR connects with DB. Fibonacci still green showing move up to 100.00.

1H:
ROMAR - Support
EMA - Support
PSAR - Support

Notes: White and Smooth have crossed purple, showing the beginning of a consolidation. Fibonacci HAS flipped for the down and turned red color, but the 2H is telling me the uptrend will continue. For now, we wait on the 1h since no trade is available.

Counter-trend trading would be considered a short position, and since the trend is still up, that is a mistake. So, I will be looking for a long position.

Entry: Long. I will enter long when a candle closes and a new one opens above 1h Smooth.

This is my first trading plan. Criticism not only welcome, but required here. I hope I've avoided saying something blatantly incorrect as to the workings of The Paradox

edit: upload of my demo trade. 40 TP / 40 SL

Now I see on 1H EMA at Parabolic SAR, with White and Smooth crossing Purple for the up.

Thank you Pandakker,
This little tick box was a little under the screen & i had to drag it up a little to get the visual - and yes this SIM works great now. Thank you so much for your assistance.
Works perfectly.

Oli

Hello Dana and all traders.

I have just finished reading your last post, I am normally quite shy but have felt inspired to write a post of encouragement to all those trying to trade with this great system and it comes from the heart!

As I live in the UK my job sees me work through the London session and as a new daily candle starts here in the British summer time at 1am (12 midnight broker time) so about the only opportunity I get to practice with any real movement is the 6am candle which as we are GMT +1 then that covers the first one hour of the London open which I see the first 45 minutes of. The following is how I seen the market on the last three days of last week 17th,18th and the 19th. I will let each of you have a look on your own charts rather than me uploading screenshots because you can then start looking for other entries in the past and start to see patterns appear.
Firstly have a look at the daily candle on the 16th. There is a lot going on there, we have a new high, divergence lines attached, a sar and DB attached, still in an uptrend but with the Macd bars falling and now hovering around the zero line with the arrows appearing down and up showing to me that it has run out of steam. The 120 pip bar opened and closed only 20 pips apart. With all that information a return to support is what this market must do with the Parabolic being the one I would like to see hit!

1st Trade 17th 6am Romar uptrend but 4 horsemen turned for the down, no slider, daily purple,white and smooth is around where 2H romar is so will need to get through this first. 6am candle opens at 2H purple down for 40(may have been about half a pip short depending on spread) as it happened I was in late by 10 pips(lazy getting out of bed) so I just set the trade to break even, no point in losing even demo money on my mistake. This was the one that Shaun was in so that trade has already been posted. There would have been another trade at 12pm as EMA has now joined the push down and with the 1 hour still in a down and at Ema an entry would only have spread plus a few pips against you with a 40SL miles away past 1 hour parabolic. That would have been a big trade as the Paradox was telling you what was going to happen.

2nd Trade 18th 6am Now in full down with Ema crossed romar. I waited on the 7am candle as I was enjoying watching the slider on the 1 hour chart but the right entry was with the sar attached on the 2 hour at the Ema with everything under romar heading for the daily parabolic.

3rd Trade 19th. 6am This was a very easy trade. Ema was below romar but as the daily was coming back from the parabolic and still in an uptrend, the 4 horsemen was behind the trade up. Target was the green 61.8 with the upper bollinger within a few pips of each other and 60 pips away from my entry. London opened and I had my 40 in a very short time. I had to go to work and told my wife where the target for the trade was, it went 6 pips past the fib, retraced 30 odd pips and setup for another trade if you had missed the first one at around 13pm broker time.

I don't know if Dana will be impressed with any of my interpretation of the trades I made, but what if I were to tell you all that up till two weeks ago I would have been lucky to see maybe one or two trades a week that I could trade.
You might say that I been blessed with learning how to trade this system in record time!
But what if I was also to tell you all that before that I could not find consistent trades and have been steadily loosing demo money. At first it looks as if I have just joined this thread out of nowhere but I have been following along from the very beginning, longer that some of you learning now and has been a bit of a battle. If I could trade at other times it may have cut down my learning curve.
During the start, looking at the Matrix was like looking through a clear glass window compared to what I was seeing looking at the charts, I even removed them after a couple of weeks but that only lasted a day as I was drawn back to the thread as I knew that Dana and the Paradox was for real and that if I was going trade then it was only going to be with this, as I like many have tried hundreds of systems and it was this or give up altogether.
I became interested in Forex around 15 years ago as I thought it might be a way to earn a living if I was to be made unemployed, that never happened but as I have worked for more that 40 years and the only time I was unemployed was for 3 months but now I have told my boss that I am not going to work past 60 years of age and that is the end of next year so hopefully I should get more practice in by then.
Trades: I found a pattern that I could trade, and that was to wait for the 2 hour turn with all the horsemen to cross and Ema to cross some of them with a confirmed parabolic flip and an entry as near purple as I could get. Around two weeks ago I jumped into a trade without waiting for the Ema to cross as I assumed that it would and as it was getting late I went off to bed. Of coarse it lost(never assume) but as one of you traders had taken the same trade and posted it, Dana very kindly went through it, said there was many things wrong with it and posted a tutorial about sliders and how to get back into the trend again with the arrows. It couldn't be that simple could it? That was my first light bulb moment!
Then came the tutorial about the sar's, bollinger bands and fibo's while ranging. Although I had read about them many times, it was only after this that things started to fall into place. I did think that was going to set me back another year, but no.

The only reason Dana continues to post here after saying he was only going to be here for three months and every now and again (although he might not admit to it) is because he sees the good attitude, hard work studying and the respect that all of you are showing in trying to learn the system and start trading with success, same with Shaun and now Chad.
If you stick with this, if I can start to see things more clearly then YOU will too!
If I can live comfortably in my retirement and support my family using the Paradox then there will be small charity groups dotted around Scotland who will also benefit from your kind gift to us all.

Davie