Disliked{quote} Evaluation: No trade was taking as I was looking for 2h purple x ROMAR (This didnt happen and I did not anticipate this crossing) Went to bed after and missed the long trade *But what i really missed was the big picture from the daily and in Dove's post #11424 he tells us how to look at the daily and what will happen next Now I have to redo my trading plan with reference to his post.Ignored
ROMAR sliders are created without the Purple crossing. You can verify the ROMAR crossing EMA beginning with the H1 as verification. If ROMAR crosses Purple on the HI then ROMAR becomes both Support and Resistance on the H1; this ia also true on all charts. It is also the beginning of the sync for ROMAR to change trend direction.
Lets take yesterday's scenario with the uptrend from the bottom.
Once ROMAR crosses Purple and this is on ANY CHART; and the market does not get below ROMAR for the uptrend then the market will stay in the original trend. If the Market gets below ROMAR as it did yesterday on the Hi then ROMAR will cross EMA. On the H2 the market stayed above ROMAR for the Purple slider and kept the new trend up from the bottom. If the market had gotten below the H2 ROMAR then ROMAR would had crossed Purple and then move on to EMA for the ROMAR sync in changing the trend. This is called a "Purple slider".
Now - lets talk about the "EMA Slider":
Always remember once ROMAR crosses Purple then ROMAR becomes both Support and Resistance. This means if the Market gets below ROMAR and is not at EMA for the crossing then the market will return back above ROMAR and become an EMA slider. ROMAR MUST cross EMA to change the direction of the trend.
As you notice on the H2 chart from yesterday's opening you will see the Market opened below ROMAR; then return back above ROMAR, and stayed intact for the Purple/EMA slider.
What I had described above are the Rules for the ROMAR sliders. And traders - these rules are visible and should never be missed on your trading plans..
The Dove - Forex Trainer
9
