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  • #11,781
  • Nov 1, 2017 5:05pm Nov 1, 2017 5:05pm
Quoting zwellym
{quote} Going Long on the H2 lowest support either PSAR/EMA with plus +20pips before ROMAR Daily has +20pips before retraces to EMA/Smooth resistance to breakeven
Break it down in what you are saying.
The Dove - Forex Trainer
  • #11,782
  • Nov 1, 2017 7:28pm Nov 1, 2017 7:28pm
Quoting dove_alliance
Let's take a look at the issues you traders had when you pulled the trigger: To begin with trading long was at risk - trading short was even a bigger risk and here are the reason: Going long you had the H4 ROMAR as resistance with the Daily EMA as resistance; and just above the opening you had ROMAR as resistance with the H2. Going short you had the market up with EMA/Parabolic on all charts accept the Daily - with the DB on the bottom of ALL charts. Seeing all this on your charts the question would be: What is the scenario for a trade without risk?...
The sequence for the H1 ROMAR crossing EMA must lead to the H2 ROMAR crossing EMA & the same on the H4 before a no risk trade will present itself for a Long.
Conversely, a confirmed Parabolic flip on the H2 - dependent on 50 pip count allowing on the H4 Parabolic, will be entry for a no risk Short.
So I'm seeing entry as dependent upon what the H2 EMA does. A Cross or a Slide with ROMAR.
If you make up your own rules then the story is sad.....
  • #11,783
  • Nov 1, 2017 8:37pm Nov 1, 2017 8:37pm
Quoting dove_alliance
Let's take a look at the issues you traders had when you pulled the trigger: To begin with trading long was at risk - trading short was even a bigger risk and here are the reason: Going long you had the H4 ROMAR as resistance with the Daily EMA as resistance; and just above the opening you had ROMAR as resistance with the H2. Going short you had the market up with EMA/Parabolic on all charts accept the Daily - with the DB on the bottom of ALL charts. Seeing all this on your charts the question would be: What is the scenario for a trade without risk?...
good morning sir
sorry for this comment because i can't understand what are you asking us because my english language so poor when i put into translate that i am understand what are asking sir in cosolidation we should wait fibo flip 2 hr romar resistance smooth crossed to purple and daily white not crossed to purple 4 romar also should be resistance 1 hr also consolidation ema flip for short
  • #11,784
  • Edited Nov 2, 2017 11:59am Nov 1, 2017 10:11pm | Edited Nov 2, 2017 11:59am
Good morning everyone,

Day 2/11/2017
News: No red news until US session.
Daily:
ROMAR: Support
EMA: Resistance
Parabolic: Resistance
Notes: Housemen head down to ROMAR support. DB down with Blue Divergence attach at 0.0 Fibo. Trend EMA arrow up. MACD zero cross arrow down. FIBO up.

H4
ROMAR: Resistance
EMA: Support
Parabolic: Support
Notes: Housemen up. White cross Purple, DB attached at 132.845 top of candle, Fibo up

H2
ROMAR: Resistance
EMA: Support
Parabolic: Support
Notes: Horsemen up. DB / SAR with both Divergence attach at 132.845. ROMAR at EMA for cross or slide. Trend EMA arrow up. MACD zero cross arrow up. Fibo down, lower BB inside.

H1
ROMAR: Support
EMA: Support
Parabolic: Support
Notes: housemen up. EMA, ROMAR, PSAR holding support.

Final Notes: H4, H2, H1 up and Daily down. Market is in a consolidation. Daily still in downtrend, and EMA is holding resistance, and out of balance with Purple. I expect the market go down, and being on top lower BB inside H2 fibo, I will wait to enter short at open below Smooth, White cross Purple.

Adjustments:

Entry: No trade today

Self evaluation: I were bias for the short which I shouldn't when making trading plan. Looking back, I should enter long at SAR attached on ROMAR H2 confluence with SAR attach H4 EMA, it not ego thing, but I wanted to follow my plan as I made it.
Trust. Commitment. Love
  • #11,785
  • Nov 1, 2017 11:46pm Nov 1, 2017 11:46pm
Date: 2.11.17 5.00 CET

Daily:
ROMAR – Support
EMA – Resistance
PSAR - Resistance
Check List:
Last MACD 0 crossing - Down
Last EMA Alert Arrow - Up
Last DB Attachment – DB attached on bottom
Fibo up or down - Fibo is up
Notes: DB attached on bottom , candle opened at EMA.

4 HR:
ROMAR – Resistance
EMA – Support
PSAR - Support
Notes : candle opened above Romar and smooth.

2 HR:
ROMAR – Resistance/ Support
EMA – Support
PSAR - Support
Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - Up
Last DB Attachment - DB attached on top
Fibo up or down - Fibo is up
Notes: Slider – smooth slide bellow purple for up. Romar is at EMA.

1 HR:
ROMAR - Support
EMA – Support
PSAR - Support
Check List:
Last MACD 0 crossing - Up
Last EMA Alert Arrow - Up
Notes: Uptrend.

Final Notes for all charts: Consolidation.D1 Romar is Support, PSAR resistance, DB attached on bottom , candle opened at EMA. H2 - Romar is at EMA, smooth slide bellow purple for up. H1 - Uptrend.

Entry:
Consolidation: long off Purple - H2
Long:
Short:


Rules : D1 - Romar is Support, DB attached on bottom. H2 - Smooth slide bellow purple for up, Romar is at EMA. H1 - Uptrend.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 237 KB
Hard work beats talent when talent fails to work hard. - KD
  • #11,786
  • Nov 2, 2017 9:41am Nov 2, 2017 9:41am
Hello Traders,

Here is today's trade plan and entry.

Best Regards,

Chad



Session Sydney: EUR-JPY 11/1/2017

Daily: Open 6 pips above EMA.

ROMAR: Support
EMA: Resistance / Support
Parabolic: Resistance

Notes: EMA crossed Purple, White, and Smooth down. DB down with Blue Divergence attach at 0.0 FIBO. Trend EMA arrow down. MACD zero cross arrow down. FIBO up.

H2

ROMAR: Support / Resistance
EMA: Support
Parabolic: Support

Notes: Horsemen up. DB up with Magenta and Green Divergence attach at 0.0 FIBO. SAR attach below EMA for the up. Trend EMA arrow up. MACD zero cross arrow up. FIBO down.

H1

ROMAR: Support
EMA: Support
Parabolic: Support
Notes: Horsemen up.

Final Notes: H1, H2, in sync with up trend. Daily, Horsemen, PSAR trend down, with ROMAR support, and FIBO up. H2, Purple sliding over ROMAR, ROMAR sliding over EMA. If Sydney opens with market above H4, ROMAR, and Daily above EMA, I will go long off support.

Adjustments: H2, DB / SAR attach at 0.0 FIBO. Daily, Trend EMA arrow up.

Long: Entered long position off H2 0:00 candle retrace to Purple, with confluence at Daily 38.2 FIBO. Set TP +40 SL 40.

Result: Took +40 from the market.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 416 KB
Click to Enlarge Name: Screenshot2.png Size: 509 KB
  • #11,787
  • Edited 10:34am Nov 2, 2017 10:05am | Edited 10:34am
Session London/New York: EUR-JPY 02/11/2017 (Hendo, hope you don’t mind me using your trading plan as a template!)

Daily: opened above EMA
ROMAR: Support
EMA: Resistance
Parabolic: Resistance

Notes: EMA crossed Purple, White down. DB down with Blue Divergence attach at 0.0 FIBO. Trend EMA arrow UP. MACD down. FIBO up. Purple now at White.


H4
ROMAR: Resistance
EMA: Support
Parabolic: Support

Notes: Horsemen UP. DB UP with divergence/ SAR down and attached at EMA. FIBO up. EMA below ROMAR.


H2
ROMAR: Support
EMA: Support
Parabolic: Support

Notes: Horsemen UP. DB attached UP at 0.0 Fibo / SAR down attached at Parabolic. Trend EMA arrow down. MACD zero cross arrow up. FIBO up (edit:down, cheers Devon).

H1
ROMAR: Support
EMA: Support
Parabolic: Support

Notes: Higher High previously hit upper BB, retrace to almost ROMAR, White did not cross Purple.

Final Notes: Still in a Consolidated uptrend for H1/H2/H4, however H4 EMA still below ROMAR. As H1 EMA/H2 EMA have crossed, the next cross of ROMAR will be the H4. Higher HIGH for DB on H2, retraced to test H2 Support. H1/H2/H4 support holding. Daily DB at the 0.0 bottom Fibo, next attachment is up.

Adjustments: None

Long: Long off H2 PSAR support/SAR with confluence from H4 EMA support/SAR

Result:

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2 021117 1438hrs.png Size: 66 KB
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #11,788
  • Edited 8:41pm Nov 2, 2017 10:59am | Edited 8:41pm
GOOD EVENING SIR G

EUR/JPY 2/11 2017

DAILY

ROMAR - SUPPORT
EMA - RESISTANCE
PSAR - RESISTANCE

CHECK LIST

MACD - DOWN
EMA ARROW - GREEN UP BUT NOT FIX
DB/SAR -DB/SAR ATTECHED AT BOTTOM 131.442
FIBO - GREEN FIBO UP
B/B - EXTENDED

NOTE - DAILY CONSOLIDATION MARKET ROMAR SUPPORT DB/SAR AT BOTTOM NEXT SAR WILL BE AT TOP EMA SMOOTH CROSSED MARKET NOT GONE 38.2 GREEN FIBO SMOOTH

4 HR

ROMAR - RESISTANCE
EMA - SUPPORT
PSAR -SUPPORT

CHECK LIST

MACD - UP
EMA ARROW- GREEN UP
DB SAR - DB/SAR BOTH ARE ATTECHED AT TOP 133.052 SAR AT BOTTOM JUST ABOVE EMA AT132.631 DB ATTECHED AT TOP CANDLE
FIBO -GREEN 38.2 SUPPORT
B/B - MEDIUM EXTENDED

NOTE - 4 HR CONSOLIDATION MARKET SAR AT JUST ABOVE EMA SUPPORT 38.2 GREEN FIBO MARKET GOSEABOVE ROMAR

2HR

ROMAR - SUPPORT
EMA - SUPPORT
PSAR - SUPPORT

CHECK LIST

MACD - UP
EMA ARROW - GREEN ARROW UP
DB/SAR - BOTH ARE ATTECHED AT TOP 133.133 SAR ATTECHED AT BOTTOM 132.631 JST ABOVE ROMAR WHICH IS SUPPORT ABOVE 38.2 FIBO
B/B - EXTENDED
FIBO - RED FIBO
NOTE - 2HR COMPLETE UP TREND MARKET SAR ATTECHED AT BOTTOM WITH PSAR ROMAR SUPPORT RED FIBO DB/SAR ATTECHED AT TOP

1 HR

ROMAR - SUPPORT
EMA - SUPPORT
PSAR - SUPPORT

CHECK LIST

MACD - UP
EMA ARROW -UP GREEN
FIBO - RED
B/B - BAND MEDIUM EXTENDED
NOTE - 1 HR UP TREND MARKET

FINAL NOTE
- DAILY CONSOLIDATION MARKET ROMAR SUPPORT EMA RESISTANCE DB AT BOTTOM WITH GREEN FIBO MARKET NOT GONE BELOW SMOOTH RESISTANCE 38.2 GREEN FIBO WHICH IS SUPPORT 4 HR CONSOLITAION MARKET ROMAR RESISTANCE EMA SUPPORT SAR ATTECHED AT BOTTOM SUPPORT EMA DB ATTECHED AT TOP CANDLE 2 HR UP TREND WITH BOTH DIVERGENCE WITH DB SAR AT TOP SAR ATTECHED AT BOTTOM WITH PSAR
CONCLUSION -- 4 HR SAR ATTECHED AT SUPPORT EMA 2 SAR WITH PSAR JUST ABOVE ROMAR SUPPORT THAT IS CONFLUCE FACTOR I WILL GO LONG HERE
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYproH2 2.png Size: 48 KB
  • #11,789
  • Edited 8:42pm Nov 2, 2017 12:00pm | Edited 8:42pm
Quoting bsverma
good evening sir g eur/jpy 2/11 2017 daily romar - support ema - resistance psar - resistance check list macd - down ema arrow - green up but not fix db/sar -db/sar atteched at bottom 131.442 fibo - green fibo up b/b - extended note -daily consolidation market romar support db/sar at bottom next sar will be at top ema smooth crossed market not gone 38.2 green fibo smooth 4 hr romar - resistance ema - support psar -support check list macd - up ema arrow -green up db sar - db/sar both are atteched at top 133.052 sar at bottom just above ema at132.631...
self evaluation - +40 profit hit may be this trade entry is right confluence factor 4hr sar ema support with 2hr romar support with sar with psar
  • #11,790
  • Nov 2, 2017 12:02pm Nov 2, 2017 12:02pm
Quoting Bsverma
{quote} self evaluation - 40 +profit hit may be this trade entry is right confluence factor 4hr sar ema support with 2hr romar support with sar with psar
Well done for getting +40, but can I suggest that when posting your plan that you use spaces and take CAPS lock off. It really kills the eyes when trying to read a plan that has no spaces and caps lock is stuck on!!

Thanks
Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #11,791
  • Nov 2, 2017 12:26pm Nov 2, 2017 12:26pm
Quoting shinny
{quote} Well done for getting +40, but can I suggest that when posting your plan that you use spaces and take CAPS lock off. It really kills the eyes when trying to read a plan that has no spaces and caps lock is stuck on!! Thanks Shaun
Shaun
you sound like the wife. She has a degree in English grammar and woe be tied if I do anything wrong with this wonderful language of ours.
I also agree though.
Stop killing our Oceans, Stop using single use plastics.
  • #11,792
  • Nov 2, 2017 12:37pm Nov 2, 2017 12:37pm
Quoting shinny
{quote} well done for getting +40, but can i suggest that when posting your plan that you use spaces and take caps lock off. It really kills the eyes when trying to read a plan that has no spaces and caps lock is stuck on!! Thanks shaun
good evening sir
thanks sir g sure next time i will do it your suggestion
  • #11,793
  • Nov 2, 2017 3:41pm Nov 2, 2017 3:41pm
Quoting Andiroo
Session London/New York: EUR-JPY 02/11/2017 (Hendo, hope you don’t mind me using your trading plan as a template!) Daily: opened above EMA ROMAR: Support EMA: Resistance Parabolic: Resistance Notes: EMA crossed Purple, White down. DB down with Blue Divergence attach at 0.0 FIBO. Trend EMA arrow UP. MACD down. FIBO up. Purple now at White. H4 ROMAR: Resistance EMA: Support Parabolic: Support Notes: Horsemen UP. DB UP with divergence/ SAR down and attached at EMA. FIBO up. EMA below ROMAR. H2 ROMAR: Support EMA: Support Parabolic: Support Notes: Horsemen...
Hello Andy,

I don't mind at all. In fact, it's the same template provided by Dana located in the thread. Everyone should be using it the same way.

I see more trade plans looking better and better, with some thought being put into Final Notes. I believe this to be the most important part of your plan!

Trade well,

Chad
  • #11,794
  • Nov 2, 2017 4:01pm Nov 2, 2017 4:01pm
Hello Traders,

If I may make another suggestion with regard to your trading plans. When you get to the bottom after Adjustments, you have Entry. After my Final Notes. I change the entry field to Long: or Short: Once you've finished your Final Notes:, you should know which direction you will be trading. The only thing left to think about is which level of support or resistance you will enter off of.

Hope that helps,

Best Regards,

Chad
  • #11,795
  • Nov 2, 2017 4:06pm Nov 2, 2017 4:06pm
Quoting Hendo
{quote} Hello Andy, I don't mind at all. In fact, it's the same template provided by Dana located in the thread. Everyone should be using it the same way. I see more trade plans looking better and better, with some thought being put into Final Notes. I believe this to be the most important part of your plan! Trade well, Chad
Thanks Chad - it was the simplicity/relevance of your notes that struck me as good to follow......meanwhile my three legged horse trade is still out on the course, 47 pip swing with a 10 pip hesitation on the trigger - no point having a good plan if you execute it badly!

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #11,796
  • Edited 9:12am Nov 3, 2017 1:54am | Edited 9:12am
Day 3/11/2017
News: No red news until US session
Daily:
ROMAR: Support
EMA: Resistance
Parabolic: Resistance
Notes: White cross Purple, open above Smooth, EMA arrow up, MACD arrow down. DB attach at the bottom. +80 pips away from Purple. Fibo up.

H4
ROMAR: Support
EMA: Support
Parabolic: Support
Note: DB and SAR attach on top, fibo up

H2
ROMAR: Support
EMA: Support
Parabolic: Support
Notes: White, Smooth crossed Purple. PSAR get close to EMA. MACD arrow down, EMA arrow up. DB on top, SAR on bottom, Fibo down

H1
ROMAR: Support
EMA: Resistance
Parabolic: Resistance
Notes: White, Smooth crossed Purple. EMA at Purple

Final Notes: Market in consolidation. Being on top of H2 fibo, White, Smooth crossed Purple, DB attach on top, SAR attach at the bottom, I enter short at PSAR flip.

Adjustments:
H2 PSAR flip for the down, DB confirm the trend down
H4 White Smooth cross Purple in sequence, SAR attached below PSAR eliminated

Entry: Short at retrace to ROMAR

Rule: If ROMAR is going through center towards purple and heading for EMA, with the DB opposite of the ROMAR trend; then ROMAR will be breached with the DB trend.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpypro-h2-gain-global-markets.png Size: 74 KB
Trust. Commitment. Love
  • #11,797
  • Nov 3, 2017 2:24am Nov 3, 2017 2:24am
LHD can you please explain why ema is resistance on daily? in my book its a support?
  • #11,798
  • Nov 3, 2017 2:53am Nov 3, 2017 2:53am
Quoting Ilkh
LHD can you please explain why ema is resistance on daily? in my book its a support?
You need to re-read!
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #11,799
  • Nov 3, 2017 3:28am Nov 3, 2017 3:28am
Quoting Ilkh
LHD can you please explain why ema is resistance on daily? in my book its a support?
ema crossing of purple
To reach that level of determination is a matter of the will.
  • #11,800
  • Edited 6:22am Nov 3, 2017 6:10am | Edited 6:22am
thanks for the answers and i know i only reading around a week. I have much to go.

Only 1 minute of research had bring the light its hard to not asking stupid questions.
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