Date:19-jan-2017 @ 02.15 EST / 08.15 CET
Daily:
ROMAR -Support
EMA -Resistance
PSAR -Resistance
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow : Up but not confirmed
Last DB Attachment : Bottom @ 120.524
Last SAR Attachment : Bottom @ 120.524
Fibo up or down :Up
Notes :Romar still support. EMA still resistance. White touched purple. Ema alert arrow is shown but not confirmed. Fibo flipped to green. Market open above EMA. PSAR can be reached.
2 HR:
OPEN PRICE - 122.820
ROMAR -Support
EMA -Support
PSAR -Support
Check List:
Last MACD 0 crossing :Up
Last EMA Alert Arrow :Up but after MACD up crossing. Possible retrace in future.
Last DB Attachment :Top @ 122.132 during writing this plan
Last SAR Attachment :Top @ 122.132 during writing this plan
Fibo up or down Down
Notes:EMA crossed Romar up. 4 horsemen in uptrend. DB/SAR attached at top 122.132, but top is not set in stone. Fibo flipped to red, but 0 level is not yet determined
1 HR:
ROMAR -Support
EMA -Support
PSAR Support
Check List:
Last MACD 0 crossing :Up
Last EMA Alert Arrow :Up
Last DB Attachment :
Last SAR Attachment :
Fibo up or down Down
Notes:1 Hr in uptrend. Fibo flipped to red. White crossed purple. Smooth touched purple
Final Notes for all three charts:1Hr and 2Hr in uptrend. Daily Romar in uptrend, EMA in downtrend. Daily PSAR can act as resistance and is also almost the fibo 50% level. To me amrket is in consolidation because of the situation on the daily chart.
Entry:
Consolidation:
Long:Will look for long when market retraces back to H2 resistance.
Short:Will look for short when market struggles at daily PSAR and H1 and H2 show signs of downmove.
EDIT: No trade for me today. Missed an entry because of hesitation.
I can understand why the Asian session is preferred to trade.
Daily:
ROMAR -Support
EMA -Resistance
PSAR -Resistance
Check List:
Last MACD 0 crossing Down
Last EMA Alert Arrow : Up but not confirmed
Last DB Attachment : Bottom @ 120.524
Last SAR Attachment : Bottom @ 120.524
Fibo up or down :Up
Notes :Romar still support. EMA still resistance. White touched purple. Ema alert arrow is shown but not confirmed. Fibo flipped to green. Market open above EMA. PSAR can be reached.
2 HR:
OPEN PRICE - 122.820
ROMAR -Support
EMA -Support
PSAR -Support
Check List:
Last MACD 0 crossing :Up
Last EMA Alert Arrow :Up but after MACD up crossing. Possible retrace in future.
Last DB Attachment :Top @ 122.132 during writing this plan
Last SAR Attachment :Top @ 122.132 during writing this plan
Fibo up or down Down
Notes:EMA crossed Romar up. 4 horsemen in uptrend. DB/SAR attached at top 122.132, but top is not set in stone. Fibo flipped to red, but 0 level is not yet determined
1 HR:
ROMAR -Support
EMA -Support
PSAR Support
Check List:
Last MACD 0 crossing :Up
Last EMA Alert Arrow :Up
Last DB Attachment :
Last SAR Attachment :
Fibo up or down Down
Notes:1 Hr in uptrend. Fibo flipped to red. White crossed purple. Smooth touched purple
Final Notes for all three charts:1Hr and 2Hr in uptrend. Daily Romar in uptrend, EMA in downtrend. Daily PSAR can act as resistance and is also almost the fibo 50% level. To me amrket is in consolidation because of the situation on the daily chart.
Entry:
Consolidation:
Long:Will look for long when market retraces back to H2 resistance.
Short:Will look for short when market struggles at daily PSAR and H1 and H2 show signs of downmove.
EDIT: No trade for me today. Missed an entry because of hesitation.
I can understand why the Asian session is preferred to trade.