Here's my plan for Sydney session. I've been working on it for quite a while and adjusted after Sydney open. Please...any comments are greatly appreciated! Thanks!
Date: Sydney Open 03-15-16
Daily:
ROMAR - Resistance
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing - The crossing is up.
Last EMA Alert Arrow - Lime Green up on same bar of the MACD crossing up: Retrace with Red Arrow and then Lime Green up.
Last DB Attachment - Both DB/SAR attached on top at 127.277 for continuance of the uptrend.
Fibo up or down - Fibo is up from the bottom.
Notes: The 4 horsemen are in the uptrend with ROMAR as resistance at the upper BB with a spread of 185 pips between closing Wednesday (today) and ROMAR resistance with all signals in sync for the uptrend.
2 HR:
OPEN PRICE – Opened at 125.67
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing - The crossing is down.
Last EMA Alert Arrow – Red arrow down from the top around 100 fib.
Last DB Attachment - Both DB/SAR attached on bottom at 125.089 with green price box at zero fib
Fibo up or down - Fibo is GREEN up from the bottom
Notes: White purple crossing just happened with market above all 4 horsemen which takes parabolic out as resistance. Market is above EMA and variables indicate an uptrend. Parabolic is about 20 pips above EMA for a possible flip sometime soon. Market is above MA20 and Romar is potentially sliding under EMA keeping the market in uptrend. Market is also above 23.6 fib
1 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing - The crossing is up midway between zero and 23.6 fib.
Last EMA Alert Arrow - Lime Green up before the MACD crossing.
Fibo up or down - Fibo is up from the bottom.
Notes: 4 Horsemen are in a steep angle up with good separation with the market above all 4. BBs have compressed somewhat with market in lower portion of bands. Market is also above MA20 as indicated by coral arrow. Indication is Romar could cross 4 horsemen sometime soon from H2 driving this but hasn’t happened yet.
Note on all 3 charts: Final Notes for all three charts: Since H2 & H1 charts with fibos up and H2 White purple crossing I’m expecting an uptrend to continue. There are no major new announcements that should effect the market. Daily Romar is resistance but market is below Purple, White and Smooth as support. This was from the major announcements yesterday so I’m expecting market to correct up.
H2 fibo is up with White Purple crossing so this is confirming market correction
H1 also confirms with 4 horsemen charging up. Romar resistance could still it a little but H2 is dring this.
ENTRY: I will enter LONG with Green EMA alert and zero crossing alert if EMA comes first. Or, if market pulls back to smooth after (if) smooth crosses purple and open candle above Smooth.
Date: Sydney Open 03-15-16
Daily:
ROMAR - Resistance
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing - The crossing is up.
Last EMA Alert Arrow - Lime Green up on same bar of the MACD crossing up: Retrace with Red Arrow and then Lime Green up.
Last DB Attachment - Both DB/SAR attached on top at 127.277 for continuance of the uptrend.
Fibo up or down - Fibo is up from the bottom.
Notes: The 4 horsemen are in the uptrend with ROMAR as resistance at the upper BB with a spread of 185 pips between closing Wednesday (today) and ROMAR resistance with all signals in sync for the uptrend.
2 HR:
OPEN PRICE – Opened at 125.67
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing - The crossing is down.
Last EMA Alert Arrow – Red arrow down from the top around 100 fib.
Last DB Attachment - Both DB/SAR attached on bottom at 125.089 with green price box at zero fib
Fibo up or down - Fibo is GREEN up from the bottom
Notes: White purple crossing just happened with market above all 4 horsemen which takes parabolic out as resistance. Market is above EMA and variables indicate an uptrend. Parabolic is about 20 pips above EMA for a possible flip sometime soon. Market is above MA20 and Romar is potentially sliding under EMA keeping the market in uptrend. Market is also above 23.6 fib
1 HR:
ROMAR - Resistance
EMA - Support
PSAR - Support
Check List:
Last MACD 0 crossing - The crossing is up midway between zero and 23.6 fib.
Last EMA Alert Arrow - Lime Green up before the MACD crossing.
Fibo up or down - Fibo is up from the bottom.
Notes: 4 Horsemen are in a steep angle up with good separation with the market above all 4. BBs have compressed somewhat with market in lower portion of bands. Market is also above MA20 as indicated by coral arrow. Indication is Romar could cross 4 horsemen sometime soon from H2 driving this but hasn’t happened yet.
Note on all 3 charts: Final Notes for all three charts: Since H2 & H1 charts with fibos up and H2 White purple crossing I’m expecting an uptrend to continue. There are no major new announcements that should effect the market. Daily Romar is resistance but market is below Purple, White and Smooth as support. This was from the major announcements yesterday so I’m expecting market to correct up.
H2 fibo is up with White Purple crossing so this is confirming market correction
H1 also confirms with 4 horsemen charging up. Romar resistance could still it a little but H2 is dring this.
ENTRY: I will enter LONG with Green EMA alert and zero crossing alert if EMA comes first. Or, if market pulls back to smooth after (if) smooth crosses purple and open candle above Smooth.
~ Tim