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- bigijs replied Mar 18, 2016
Daily plan 2016.03.18 (at 10.00 (GMT+2) – London opening) Daily ROMAR – resistance EMA – support PSAR – support Check list Last MACD 0 crossing – The crossing is up Last EMA Alert Arrow – Lime green up after the MACD crossing up Last DB Attachment - ...
- bigijs replied Mar 17, 2016
I saw the same thing but did nothing since I had gotten my +40 already.
- bigijs replied Mar 17, 2016
OMG! Crazy movement in the market.
- bigijs replied Mar 17, 2016
Yes, that's always a risk when nearest obstacle is only 20 pips away. And we have to choose, to take profit at the support/resistance for +20 pips or to take a risk to be hit SL at B/E to get 40 pips profit.
- bigijs replied Mar 17, 2016
Thanks
- bigijs replied Mar 17, 2016
As I understand, those who trade EUR/JPY, monitor only major EUR, USD and JPY news.
- bigijs replied Mar 17, 2016
OK, I have to think about that. Thanks
- bigijs replied Mar 17, 2016
What high impact news? That will be in 35 min. Now there isn't any high impact news. At least on FF calendar.
- bigijs replied Mar 17, 2016
I wanted to open trade when market hit H2 EMA and that was few pips higher but I missed and opened at 126.06. So, technically, entry was at the touch of H2 EMA.
- bigijs replied Mar 17, 2016
Market just hit my TP and I got +40 pips. That was fast
- bigijs replied Mar 17, 2016
PURPLE/EMA crossing changes EMA trend. That is a rule. So, in this situation EMA trend changes from UP to DOWN and EMA becomes resistance.
- bigijs replied Mar 17, 2016
I know, it wasn't on my Daily plan.
- bigijs replied Mar 17, 2016
I sold @ 126.06 with SL 40 and TP 40 Reason: 1) H2 PSAR and MACD negative 2) H2 PURPLE crosses EMA, EMA becomes resistance 3) From entry price to H2 ROMAR is more than 20 pips distance 4) From entry price to Daily EMA is more than 20 pips distance
- bigijs replied Mar 17, 2016
No, it does not change the trend. You're correct. It just indicates of a such thing that could possibly happen.
- bigijs replied Mar 17, 2016
That's why traders don't want to post their live trades. They're affraid of looking bad. And that is EGO. The same is with me. Noone wants to look bad. But with the market we should be humble.
- bigijs replied Mar 17, 2016
Daily plan 2016.03.17 (at 10.00 (GMT+2) – London opening) Daily ROMAR – resistance EMA – support PSAR – support Check list Last MACD 0 crossing – The crossing is up Last EMA Alert Arrow – Lime green up after the MACD crossing up Last DB Attachment - ...
- bigijs replied Mar 17, 2016
At what price?
- bigijs replied Mar 17, 2016
One is for sure, we can't take one indicator out of context and analyse it. We have to look at the whole picture.
- bigijs replied Mar 16, 2016
I understand it like this: 1) When both DB/SAR attaches then it shows main swing and market can continue in the direction of the main swing. 2) When SAR appears alone then it shows that market is retraced from the main swing and it will reverse in ...
- bigijs replied Mar 16, 2016
Yes, but Dana adviced to catch a 40 pip trade. So, I'm going for 40 pips.