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  • #10,741
  • Jul 31, 2017 10:28am Jul 31, 2017 10:28am
If everyone take a look at Friday's midday you will see the same scenario for entry going long with the Opening at White crossing Purple. You will see this a lot in ranging. It will take off and on the next bar you have Smooth at purple. Small details such as this are critical for entries. But in order to see it you must always be vigil and focus for these entries.
The Dove - Forex Trainer
  • #10,742
  • Jul 31, 2017 10:31am Jul 31, 2017 10:31am
Quoting dove_alliance
{quote} Very good trade Andiroo; In fact I took the same trade with the DB/SAR at the double bottom with opening at White crossing Purple. The set up was perfect by apply the correct rules..
Thank you, your time and patience with me is much appreciated

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,743
  • Jul 31, 2017 5:52pm Jul 31, 2017 5:52pm
Quoting matrix2017
{quote} Hi, The Entry was done for Short after EMA cross ROMAR for down in 2H chart. As the plan, I took entry at the 2H EMA as resistance, and the distance to target at Daily Parabolic is enough for 40 pips {image} Rgds.
Result : Lose (-40 pips)

Self Evaluation: It is very miracle thing that I can see yesterday. Firstly, I thought I could follow the 4 horemen to go south, because I saw that Purple cross White in Daily chart. It means that the power of Parabolic in Daily was eliminated, so it could be go down to touch Parabolic. Now I understood already that DB/SAR is so powerful in ranging mode, I will follow only DB/SAR in "Ranging mode" once its condition was attached.

Thank you
  • #10,744
  • Edited 6:44pm Jul 31, 2017 6:17pm | Edited 6:44pm
Trading plan: EJ
1 Aug, 6:07 am GMT+7
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 1Aug.JPG Size: 240 KB

<Daily>
ROMAR : Support
EMA: Support
PSAR: Support
SAR: on the top
DB: on the top of last week
Fibo: Red
MACD: under
Note: SAR still on top with Parabolic as support, and ROMAR is out of trading zone. It is still in the Ranging mode

<2H>
ROMAR: Support
EMA: Support
PSAR: Support
SAR: at the top
DB: at the top of same candle with SAR
Fibo: Red
MACD: Above
Note: Divergence line attached with fibo flip

<1H>
ROMAR:Support
EMA: Support
PSAR: Support
SAR: at the top
DB: at the top and same candle with SAR
Fibo: Red
MACD: Above
Note: White cross puple and now opened candle is below Smooth

News: GBP PMI index 15:00, USD PMI 21:00

Final note: Fibo is red in all charts, and the ranging mode. Consider to entry Short in a best position.

Entry Long:
Entry Short: When Purple cross White in 2H chart, and the opened price is below Smooth.


Rgds.
  • #10,745
  • Jul 31, 2017 7:03pm Jul 31, 2017 7:03pm
Quoting Andiroo
{quote} Result: +40 Evaluation: Again the faith in the DB/SAR showed it's worth in this Ranging we are currently in. Knowing which scenario you are in - Trending/Consolidation/Ranging helps enormously in clearing up what small set of rules should be applied to each. Cheers, Andy
I like your summary that the knowing which scenario...., from now I will clarified Trending/Consolidation/Ranging that is enormous helping.

Rgds
  • #10,746
  • Jul 31, 2017 11:02pm Jul 31, 2017 11:02pm
Quoting matrix2017
Trading plan: EJ 1 Aug, 6:07 am GMT+7 {image} <Daily> ROMAR : Support EMA: Support PSAR: Support SAR: on the top DB: on the top of last week Fibo: Red MACD: under Note: SAR still on top with Parabolic as support, and ROMAR is out of trading zone. It is still in the Ranging mode <2H> ROMAR: Support EMA: Support PSAR: Support SAR: at the top DB: at the top of same candle with SAR Fibo: Red MACD: Above Note: Divergence line attached with fibo flip <1H> ROMAR:Support EMA: Support PSAR: Support SAR: at the top DB: at the top and same candle with SAR...
Hi,
The Entry for Short is at the opened candle below the Smooth, and the Purple already crossed White.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2.png Size: 42 KB



Rgds.
  • #10,747
  • Jul 31, 2017 11:25pm Jul 31, 2017 11:25pm
Hi

With a high of 130.590 created yesterday, is the EJ still in ranging mode since this high still lower than high which placed it in ranging mode?
  • #10,748
  • Aug 1, 2017 12:41am Aug 1, 2017 12:41am
Hi kind people.
May i please ask for a chart check?
My H2 seems different at the point of where i have a Blue arrow marked compared to the same spot of Jakdan's H2 trade entry.
In Jakdan's chart it shows the open bar above EMA - in my current chart the open bar is just under EMA.
Many thanks for your thoughts.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2017-08-01 at 3.01.21 pm.png Size: 93 KB
If you make up your own rules then the story is sad.....
  • #10,749
  • Aug 1, 2017 1:37am Aug 1, 2017 1:37am
Quoting OliveBranch
Hi kind people. May i please ask for a chart check? My H2 seems different at the point of where i have a Blue arrow marked compared to the same spot of Jakdan's H2 trade entry. In Jakdan's chart it shows the open bar above EMA - in my current chart the open bar is just under EMA. Many thanks for your thoughts. {image}
Hi Oli,
That is how it looks here.
Attached Image (click to enlarge)
Click to Enlarge Name: Temp.JPG Size: 73 KB
There are no weapons that will form against my financial prosperity.
  • #10,750
  • Aug 1, 2017 1:57am Aug 1, 2017 1:57am
Quoting OliveBranch
Hi kind people. May i please ask for a chart check? My H2 seems different at the point of where i have a Blue arrow marked compared to the same spot of Jakdan's H2 trade entry. In Jakdan's chart it shows the open bar above EMA - in my current chart the open bar is just under EMA. Many thanks for your thoughts. {image}
At that moment, the time of opening the candle, it was above EMA. After the candle had strong move, then EMA moved little bit higher. So now it looks like open of candle is lower than EMA.

This is my observation.
  • #10,751
  • Aug 1, 2017 2:35am Aug 1, 2017 2:35am
Thanking you and this all makes sense. All is good and everything is fine.
If you make up your own rules then the story is sad.....
  • #10,752
  • Aug 1, 2017 1:07pm Aug 1, 2017 1:07pm
EJ seems to be acting very strangely today......

Dana, with the H2 BB's as wide as they are now, please could you confirm we are still in Ranging with power still resting with DB/SAR?


Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,753
  • Aug 1, 2017 2:39pm Aug 1, 2017 2:39pm
Quoting Andiroo
EJ seems to be acting very strangely today...... Dana, with the H2 BB's as wide as they are now, please could you confirm we are still in Ranging with power still resting with DB/SAR? Cheers, Andy
Andy

there's a post a few weeks back I think that explains when we are out of the range, not sure if it's off this scenario as I haven't read it today as been quite busy, but may give you an idea.
I believe Derek? asked the question.

hope it helps Ant
Stop killing our Oceans, Stop using single use plastics.
  • #10,754
  • Aug 1, 2017 2:45pm Aug 1, 2017 2:45pm
Quoting jakdan
{quote} Andy there's a post a few weeks back I think that explains when we are out of the range, not sure if it's off this scenario as I haven't read it today as been quite busy, but may give you an idea. I believe Derek? asked the question. hope it helps Ant
Thanks bud, I'll check it out. Just seems H2 is in some sort of slider meltdown where it can't decide where it wants to go.....I know the double top after trending would gives us 20 pip ranging etc, but I don't believe we're in that scenario?

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,755
  • Aug 1, 2017 3:36pm Aug 1, 2017 3:36pm
Quoting Andiroo
EJ seems to be acting very strangely today...... Dana, with the H2 BB's as wide as they are now, please could you confirm we are still in Ranging with power still resting with DB/SAR? Cheers, Andy
The question is how and what chart did the ranging began? The next question you should be asking yourself is what indicates that support or resistance is broken? Both answers are somewhere on this thread.
The Dove - Forex Trainer
  • #10,756
  • Aug 1, 2017 3:52pm Aug 1, 2017 3:52pm
Quoting dove_alliance
{quote} The question is how and what chart did the ranging began? The next question you should be asking yourself is what indicates that support or resistance is broken? Both answers are somewhere on this thread.
I'll give it a go sir,

1. How - Double Top, Chart - Daily
2. What indicates that support or resistance is broken? White/Purple and Parabolic Flip

So would it be right to say that it's the White Purple slider on Daily?

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,757
  • Aug 1, 2017 4:03pm Aug 1, 2017 4:03pm
Quoting Andiroo
{quote} I'll give it a go sir, 1. How - Double Top, Chart - Daily 2. What indicates that support or resistance is broken? White/Purple and Parabolic Flip So would it be right to say that it's the White Purple slider on Daily? Cheers, Andy

Hello mate

Ranging was confirmed on 21st July on the Daily chart:

Attached Image


We had SAR come in on the bottom on 13th July, market then went sideways and then you see what happened in the snippet above. PSAR on top, EMA/Purple together, MACD below zero.

If you go down to the 2hr, you will see it in motion, clear as day.

Market tried to do a new high but failed, but sometimes it will, scroll back in the thread to see Dana's examples of this.

One look at the Daily chart tells you straight away that the market is ranging.

Hope that helps, and good work, your doing great.

Regards

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #10,758
  • Aug 1, 2017 4:25pm Aug 1, 2017 4:25pm
Quoting shinny
{quote} Hello mate Ranging was confirmed on 21st July on the Daily chart: {image} We had SAR come in on the bottom on 13th July, market then went sideways and then you see what happened in the snippet above. PSAR on top, EMA/Purple together, MACD below zero. If you go down to the 2hr, you will see it in motion, clear as day. Market tried to do a new high but failed, but sometimes it will, scroll back in the thread to see Dana's examples of this. One look at the Daily chart tells you straight away that the market is ranging. Hope that helps, and...
That was helpful Shaun. And thanks for posting the question Andy...I was mulling over the same RE today's Mkt action.
  • #10,759
  • Aug 1, 2017 4:57pm Aug 1, 2017 4:57pm
Thanks Shaun mate, appreciate the reply.

No probs Mark


Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #10,760
  • Aug 1, 2017 6:44pm Aug 1, 2017 6:44pm
Quoting matrix2017
{quote} Hi, The Entry for Short is at the opened candle below the Smooth, and the Purple already crossed White. {image} Rgds.
Hi , Good day everyone

I am posting my result of yesterday trade.

Result: Win (+40 pips)

Self Evaluation: I feel don't satisfy myself for the entry. It is too early. Looked back after put the trigger, at that moment, Purple crossed White, but the opened candle is just above EMA that is support. It means I entered Short from Support, not from Resistance. Even though this trade is win, but it would be much easier, if I waited untill the candle attached or went near the Resistance (Smooth).

I will continue practice my mind for the moment.
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