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  • #11,181
  • Sep 11, 2017 4:42pm Sep 11, 2017 4:42pm
Quoting jakdan
{quote} Nice one Ilpoj, one bit of advice i maybe able to give you is don't rush through the thread trying to get to the end. take your time and take it in before you move on. my mistake was trying to rush and short cut, it doesn't work pal believe me.
Thanks Jakdan! About the trade: In my plan, the buy entry decision was based on the 2H and 4H making a turn up. And the 2H SAR was up at empty space. Also the 1H (as additional reference) landed on EMA Support, and EMA and ROMAR did cross for up, so even though it seemed a bit messy, it had Support, and 2H and 4H were way over their resistances. I did not worry about the 1H Purple crossing White, and when Purple later started sliding above Smooth, it was a good sign for the up, and when Purple crossed above White again, 4H Psar was flipping etc... It was enough for the take profit hit. ..Just felt happy about this particular success, because I was applying new info, found on the weekend-read-marathon.
  • #11,182
  • Sep 12, 2017 2:09pm Sep 12, 2017 2:09pm
It was a devastating hurricane. There's a lot of damage that will take months and even years to recover from. Thankfully, we (Miami) were spared the worst of it. The keys were severely damaged as well as the west coast and the Caribbean. Thank you, Dove, for the work that you,re doing and thank you all for your prayers and well wishes.
  • #11,183
  • Sep 12, 2017 8:00pm Sep 12, 2017 8:00pm
Thank god South Florida was spared. I feel awful about those in Barbado, the carribean, and the keys (as well as others). Snappers is now gone. That place was great.

I haven't posted much but still reading, learning, and having some success with Demo. I ordered a new computer so that when I post it has the correct BB and fibonacci on the screenshots. Should come in soon. I'm currently using a laptop as that's better than nothing for now. Thanks everyone for your profound advice and guidance. Many thanks to Dove who most unselfishly donated his life's work to us for our benefit. We are forever in your debt.
  • #11,184
  • Sep 13, 2017 12:49pm Sep 13, 2017 12:49pm
Hello traders and blessings:
I'm stopping by for a posting as been very busy before and after Irma. Early Sunday Irma hit the Keys as a CAT 5 and most families in the Keys will probably never rebuild. Irma moved on as a CAT 4 and hit Naples with a destructive force; then hit Fort Myers as a CAT 3 with flooding and then Manatee area as a cat 2 about 23:00 ET Sunday.

Monday morning we were getting offshore surges with about 3 feet from the Gulf and then Monday afternoon the sun was out. A lot of the areas are without electric so we are moving families from shelters to their home as the electric returns.

Hopefully be back trading in a day or two. Everyone trade well and thank you Shaun for your help.

Take care and God bless us all.
The Dove - Forex Trainer
  • #11,185
  • Sep 13, 2017 1:17pm Sep 13, 2017 1:17pm
Quoting dove_alliance
Hello traders and blessings: I'm stopping by for a posting as been very busy before and after Irma. Early Sunday Irma hit the Keys as a CAT 5 and most families in the Keys will probably never rebuild. Irma moved on as a CAT 4 and hit Naples with a destructive force; then hit Fort Myers as a CAT 3 with flooding and then Manatee area as a cat 2 about 23:00 ET Sunday. Monday morning we were getting offshore surges with about 3 feet from the Gulf and then Monday afternoon the sun was out. A lot of the areas are without electric so we are moving families...
Your heart is in the right place buddy, God Bless You.

Shaun's holding the fort well, so do what you need to do and hopefully a speedy return.

meanwhile back at the ranch.

trade evaluation: took 40 from the market. candle open below smooth, Macd on the cross BB's closing after the latest upswing. got a bit scary when it started to return off PSAR, my heads been a little mixed with what is what scenario lately, but it paid off.

Yesterday!!!!! No trade, WHY?? i dont know?. Plan was good for long from the get go but i was waiting for a SAR. After "analysing" yesterdays trade there were 3 instances i could have gone long off Smooth but for some reason i didn't, the reason being everytime i do the market moves to EMA or PSAR and i end up with15 or 20 and a 20 pip drawdown which we all know is no fun. please someone point me in the right direction of when to go off Smooth.

Dana i know i have asked this before and you have answered but i just don't get it.
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  • #11,186
  • Sep 13, 2017 3:58pm Sep 13, 2017 3:58pm
Quoting jakdan
{quote} Your heart is in the right place buddy, God Bless You. Shaun's holding the fort well, so do what you need to do and hopefully a speedy return. meanwhile back at the ranch. trade evaluation: took 40 from the market. candle open below smooth, Macd on the cross BB's closing after the latest upswing. got a bit scary when it started to return off PSAR, my heads been a little mixed with what is what scenario lately, but it paid off. Yesterday!!!!! No trade, WHY?? i dont know?. Plan was good for long from the get go but i was waiting for a SAR....
I understand what your saying completely. I wrote my plan and made the exact same trade as you to pretty much to the pip. But I waited on my plan for a long time and missed the hits on smooth because I was awaiting the daily resistance and for the h2 to turn. By doing that I also missed the long trades
The quieter you become, the more that you can hear.
  • #11,187
  • Sep 13, 2017 4:32pm Sep 13, 2017 4:32pm
Quoting SolitudeFx
{quote} I understand what your saying completely. I wrote my plan and made the exact same trade as you to pretty much to the pip. But I waited on my plan for a long time and missed the hits on smooth because I was awaiting the daily resistance and for the h2 to turn. By doing that I also missed the long trades
I guess we're all in the same boat here, I saw the daily Parabolic as resistance, eliminated though. There wasn't 40 pips to the top so I held back and didn't take the hits off smooth. I tend to stay out in moments of uncertainty and learn from it later.

The trade from the top yesterday was relatively stress-free for me, but the biggest issue is trading the trend while market is near the top of the Fibo and there isn't enough of a pullback for 40 pips to the top.
  • #11,188
  • Sep 13, 2017 4:43pm Sep 13, 2017 4:43pm
I'm reading stress here. Why all the stress? Too much worry.
The short was an easy trade for everyone wasn't it? Everyone understood it. All is good. Patience. Niki shows similar type of attitude.
If you make up your own rules then the story is sad.....
  • #11,189
  • Sep 13, 2017 5:16pm Sep 13, 2017 5:16pm
Quoting OliveBranch
I'm reading stress here. Why all the stress? Too much worry. The short was an easy trade for everyone wasn't it? Everyone understood it. All is good. Patience. Niki shows similar type of attitude.
Maybe "stress" isn't the right word, more like that nagging feeling that a trade is wrong due to lack of understanding yet. Fear probably. That feeling is good in that it will prevent me from going live and losing money until I feel it's under control.
  • #11,190
  • Sep 13, 2017 5:39pm Sep 13, 2017 5:39pm
Quoting Nikitafen
{quote} Maybe "stress" isn't the right word, more like that nagging feeling that a trade is wrong due to lack of understanding yet. Fear probably. That feeling is good in that it will prevent me from going live and losing money until I feel it's under control.
Perhaps what we mean here then is similar to Shinny's recent post in regards to Jakdan's trade when Jakdan described a feeling of it not looking right so did not pull the trigger until the right moment - in the opposite direction of the original plan direction because the entry was confirmed.
So, from my placid point of view. With that as one example and my developing patience - i no worry. There's always tomorrow. Late for dinner, early for dinner, no matter. Dinner being sometime soon.
When the H2 Fibo flipped - no stress, just sat back & watched & waited for appropriate entry.
If you make up your own rules then the story is sad.....
  • #11,191
  • Sep 13, 2017 11:20pm Sep 13, 2017 11:20pm
im going to set up a new chapter in the Journal "Dinner at Smooth's Don't be late"

the search for what to put on the menu starts today!
Stop killing our Oceans, Stop using single use plastics.
  • #11,192
  • Sep 13, 2017 11:24pm Sep 13, 2017 11:24pm
Quoting jakdan
im going to set up a new chapter in the Journal "Dinner at Smooth's Don't be late" the search for what to put on the menu starts today!

it looks like smooth has people round already and ive missed the 40 to ROMAR's
Stop killing our Oceans, Stop using single use plastics.
  • #11,193
  • Sep 14, 2017 12:30am Sep 14, 2017 12:30am
Quoting jakdan
im going to set up a new chapter in the Journal "Dinner at Smooth's Don't be late" the search for what to put on the menu starts today!
Dinner is right!! I took a look back at this scenario and think I might know what to do next time. There were around 3 pullbacks to smooth in the h2 uptrend for a total of around 200 pips. I believe now as I look back on it that the daily gave this whole scenario away. The DAILY Sar attached close to the 61.8 and when the green ema arrow came in, the next Sar connection was at the top with db and this DAILY scenario gave the H2 it's speed and therefore the pullbacks were not very deep which made smooth a great entry. The daily chart was in an ema slider that popped the market up. It wasn't a perfect slider with the ema but the visual was showing it none the less.
The quieter you become, the more that you can hear.
  • #11,194
  • Sep 14, 2017 12:56am Sep 14, 2017 12:56am
Quoting SolitudeFx
{quote} Dinner is right!! I took a look back at this scenario and think I might know what to do next time. There were around 3 pullbacks to smooth in the h2 uptrend for a total of around 200 pips. I believe now as I look back on it that the daily gave this whole scenario away. The DAILY Sar attached close to the 61.8 and when the green ema arrow came in, the next Sar connection was at the top with db and this DAILY scenario gave the H2 it's speed and therefore the pullbacks were not very deep which made smooth a great entry. The daily chart was...
In these situations I think the H1 is useful as well in reference to the uptrend, I see it hit EMA, confluence from H2 smooth for the up.
Agreed, usually the uptrend pullbacks - and I'm stealing words from Shaun, "will grind you half to death", but not in this case.
  • #11,195
  • Sep 14, 2017 1:50am Sep 14, 2017 1:50am
Quoting jakdan
{quote} Your heart is in the right place buddy, God Bless You. Shaun's holding the fort well, so do what you need to do and hopefully a speedy return. meanwhile back at the ranch. trade evaluation: took 40 from the market. candle open below smooth, Macd on the cross BB's closing after the latest upswing. got a bit scary when it started to return off PSAR, my heads been a little mixed with what is what scenario lately, but it paid off. Yesterday!!!!! No trade, WHY?? i dont know?. Plan was good for long from the get go but i was waiting for a SAR....
Hello Jakdan,
sometimes is difficult to enter the trade when there is uptrend. I always use confluence H2 (smooth) with H1 in those kind of situations.
IMO there were 4 possibilities to go long so I marked them A1-A4. Hope that helps.

Pedro
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  • #11,196
  • Sep 14, 2017 4:17am Sep 14, 2017 4:17am
Quoting pedro7676
{quote} Hello Jakdan, sometimes is difficult to enter the trade when there is uptrend. I always use confluence H2 (smooth) with H1 in those kind of situations. IMO there were 4 possibilities to go long so I marked them A1-A4. Hope that helps. Pedro {image} {image}
Hi there Pedro,
Would there be any chance you can edit your H1 image with the DB & SAR removed so we don't end up confusing people with non-standardised charts?
If you make up your own rules then the story is sad.....
  • #11,197
  • Sep 14, 2017 4:54am Sep 14, 2017 4:54am
Quoting pedro7676
{quote} Hello Jakdan, sometimes is difficult to enter the trade when there is uptrend. I always use confluence H2 (smooth) with H1 in those kind of situations. IMO there were 4 possibilities to go long so I marked them A1-A4. Hope that helps. Pedro {image} {image}
Thanks Pedro, thats the starter for the menu.
Stop killing our Oceans, Stop using single use plastics.
  • #11,198
  • Sep 14, 2017 5:11am Sep 14, 2017 5:11am
Quoting OliveBranch
{quote} Hi there Pedro, Would there be any chance you can edit your H1 image with the DB & SAR removed so we don't end up confusing people with non-standardised charts?
Hi Oli,
here is H1 as should be..

P.
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Hard work beats talent when talent fails to work hard. - KD
  • #11,199
  • Sep 14, 2017 7:33am Sep 14, 2017 7:33am
NEWS: USD High Impact 08:30
Wednesday Trading Plan 17:10

Daily:

ROMAR - Support
EMA - Support
Psar - Support

Checklist:

Last MACD 0 Crossing - Up
Last EMA Alert Arrow - Up
Last DB Attachment - Top at 131.998
Last SAR Attachment - Top at 131.998
Fibonacci - Red

Notes: ROMAR and EMA up. Parabolic flipping to support and will likely be locked in on the new daily open candle. Red fibo bumped higher with the move up. Smooth at White crossing and EMA has crossed Purple. Daily imbalance with Purple. 23.6 support. EMA arrow followed by MACD arrow up.

H4:

ROMAR - Support
EMA - Support
Psar - Support

Checklist:

Last DB Attachment - Top at 131.998
Last SAR Attachment - Bottom with current candle moving at 131.223
Fibonacci - Red

Notes: H4 chart is up with ROMAR, EMA and the Parabolic. Smooth and White have crossed Purple. SAR on bottom of current candle attached just above the Parabolic. 23.6 still support as the candle has not closed below it. Purple, White and Smooth turning over for the down.

H2:

ROMAR - Support
EMA - Resistance
Psar - Resistance

Checklist:

Last MACD 0 Crossing - Down
Last EMA Alert Arrow - Down
Last DB Attachment - Bottom at 131.223
Last SAR Attachment - Bottom with DB at 131.223
Fibonacci - Red

Notes: ROMAR support, EMA and the 4 horsemen are resistance. Market in consolidated downtrend for ROMAR support. MACD arrow followed by EMA arrow. Parabolic has flipped to resistance and the trend is down. Bands tightening together. DB attached to the bottom and running in the trend down.

H1:

ROMAR - Support
EMA - Resistance
Psar - Resistance

Checklist:

Last MACD 0 Crossing - Down
Last EMA Alert Arrow - Down
Last MA Alert Arrow - Down
Fibonacci - Red

Notes: ROMAR support, EMA resistance along with the 4 horsemen. Market in consolidated downtrend for ROMAR support. 1700 open candle just above ROMAR, below 61.8. Lower band opening down further.

Final Notes: Daily is up but imbalanced and at the top of the Fibo. New daily candle will make everything more clearer in terms of supports. H4 is turning down and has SAR on the bottom at the eliminated Parabolic support. H2 is down but presents a problem as ROMAR is support, so a short position will have to have 40+ spread to ROMAR. H1 has market at ROMAR and the trend being down.

20:00 Adjustments: New Daily open above support and imbalanced, 3rd candle open without touching Purple. 23.6 support along with Purple. H4 open below 23.6, becoming resistance. Parabolic holding support, eliminated, but Purple, White and Smooth are turning over sharply. H2 open at Purple with 4 horsemen in trend down. H1 open above Smooth with White/Purple crossing.

Entry: Short at 20:00 open candle which opened just under Purple, since it was the closest resistance.

Rules:
40+ pip count to ROMAR support, 23.6 and Purple (purple below 23.6)
Parabolic H2 locked in support, EMA resistance, downtrend for ROMAR support, open candle at resistance for the short.

Evaluation: Closed before news as per the rules, -15 pips. Market never made it to ROMAR. There wasn't really 40 pips before the news hit so it's hard for me to say if the trade was good or bad. I thought I followed the rules so if someone could pitch in here I would greatly appreciate it.
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  • #11,200
  • Sep 14, 2017 9:34am Sep 14, 2017 9:34am
A question: EMA is above Romar in all four time periods, does that not mean that only long trades should be taken?

ATB,

Maas
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