Disliked{quote} Hi Dom You could have entered a bar or two after mine and it still would have been a good trade. Also, because ROMAR and EMA are basically at the same point, you can use ROMAR as Support. If ROMAR and EMA are within 10 pips, you can use ROMAR as Support or Resistance. The day before this trade the 4hr put in a high swing at ROMAR then a Higher Low with the DB/SAR attached. The 2hr and 4hr were telling me that the market was headed north against the Daily - so a break out. Hope that helps! ShaunIgnored
- #12,003
- Nov 12, 2017 11:27pm Nov 12, 2017 11:27pm
Monday Trading Plan
NEWS:
BOJ kuroda speech 12:45
Daily:
ROMAR - Support
EMA – resistance
Parabolic - resistance
Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - up
Fibonacci – green
Notes: SAR/DB is attached to bottom at 131.386 with skyblue swing and gold divergence. White is at purple for an apparent crossing upwards. Green ema arrow. White MACD arrow not yet attached.
H4:
ROMAR – resistance
EMA - support
Parabolic – support
Checklist:
Last DB Attachment – Top at 132.58
Last SAR Attachment – Top at 132.58
Fibonacci – green
Notes: SAR/DB attached at the top. Romer is resistance, EMA is support. Romer/EMA are within 23 pips of each other. Romer crossed purple indicating a possible soon change in the direction of the trend upwards- need romer crossing EMA before the trend is reversed. Four horsemen in the upswing.
H2:
ROMAR - support
EMA - support
Parabolic – support
Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - up
Last DB Attachment – top at 132.58
Last SAR Attachment – top at 132.58
Fibonacci – red
Notes: DB/SAR attached at the top with green divergence and magenta swing line. Previous sar attachment was at 131.506, which was a higher low than its previous at 131.38. This together with romer crossing EMA has the trend reversed to now being a consolidated uptrend. Four horsemen in uptrend. Bollinger bands flat.
H1:
ROMAR - support
EMA - support
Parabolic – support
Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - green
Fibonacci – red
Notes: White and smooth recently crossed purple forming a slider under purple. EMA, parabolic, and romer are support, and are in synch with the H2 chart. Bollinger bands flat.
Final Notes:
Market is in a consolidated uptrend with romer as support on H1/H2 chart, but resistance on H4. EMA is also resistance on the daily. Market currently above H4 romer and daily EMA. Market recently hit daily parabolic resistance, went downward, then bounced off H1 EMA support. This is a trading zone of about 20 pips. Before entering a trade I would like to see at least H4 EMA and romer becoming <10 pips apart so that H4 romer could be considered a support. I plan on entering long once the H4 is in synch with the H1 and H2. With H4 romer crossing purple, and H4 4 horsemen in uptrend, this might not take too long. Once the charts are in better synch (and there is a less consolidated trading zone), I plan on looking for an open candle near H2 EMA for the long. If the charts are not yet in synch but there is a strong downwards movement causing the SAR to attach at the bottom, I will enter long there. I’m keeping in mind that there’s a high impact speech tomorrow afternoon at 12:45. If I haven’t yet entered, this might provide the needed volatility to hit H2 ema to then go long.
Entry: No entry yet due to narrow trading zone.
NEWS:
BOJ kuroda speech 12:45
Daily:
ROMAR - Support
EMA – resistance
Parabolic - resistance
Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - up
Fibonacci – green
Notes: SAR/DB is attached to bottom at 131.386 with skyblue swing and gold divergence. White is at purple for an apparent crossing upwards. Green ema arrow. White MACD arrow not yet attached.
H4:
ROMAR – resistance
EMA - support
Parabolic – support
Checklist:
Last DB Attachment – Top at 132.58
Last SAR Attachment – Top at 132.58
Fibonacci – green
Notes: SAR/DB attached at the top. Romer is resistance, EMA is support. Romer/EMA are within 23 pips of each other. Romer crossed purple indicating a possible soon change in the direction of the trend upwards- need romer crossing EMA before the trend is reversed. Four horsemen in the upswing.
H2:
ROMAR - support
EMA - support
Parabolic – support
Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - up
Last DB Attachment – top at 132.58
Last SAR Attachment – top at 132.58
Fibonacci – red
Notes: DB/SAR attached at the top with green divergence and magenta swing line. Previous sar attachment was at 131.506, which was a higher low than its previous at 131.38. This together with romer crossing EMA has the trend reversed to now being a consolidated uptrend. Four horsemen in uptrend. Bollinger bands flat.
H1:
ROMAR - support
EMA - support
Parabolic – support
Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - green
Fibonacci – red
Notes: White and smooth recently crossed purple forming a slider under purple. EMA, parabolic, and romer are support, and are in synch with the H2 chart. Bollinger bands flat.
Final Notes:
Market is in a consolidated uptrend with romer as support on H1/H2 chart, but resistance on H4. EMA is also resistance on the daily. Market currently above H4 romer and daily EMA. Market recently hit daily parabolic resistance, went downward, then bounced off H1 EMA support. This is a trading zone of about 20 pips. Before entering a trade I would like to see at least H4 EMA and romer becoming <10 pips apart so that H4 romer could be considered a support. I plan on entering long once the H4 is in synch with the H1 and H2. With H4 romer crossing purple, and H4 4 horsemen in uptrend, this might not take too long. Once the charts are in better synch (and there is a less consolidated trading zone), I plan on looking for an open candle near H2 EMA for the long. If the charts are not yet in synch but there is a strong downwards movement causing the SAR to attach at the bottom, I will enter long there. I’m keeping in mind that there’s a high impact speech tomorrow afternoon at 12:45. If I haven’t yet entered, this might provide the needed volatility to hit H2 ema to then go long.
Entry: No entry yet due to narrow trading zone.
- #12,008
- Nov 13, 2017 2:06am Nov 13, 2017 2:06am
Monday Trading Plan NEWS: BOJ kuroda speech 12:45 Daily: ROMAR - Support EMA – resistance Parabolic - resistance Checklist: Last MACD 0 Crossing - down Last EMA Alert Arrow - up Fibonacci – green Notes: SAR/DB is attached to bottom at 131.386 with skyblue swing and gold divergence. White is at purple for an apparent crossing upwards. Green ema arrow. White MACD arrow not yet attached. H4: ROMAR – resistance EMA - support Parabolic – support Checklist: Last DB Attachment – Top at 132.58 Last SAR Attachment – Top at 132.58 Fibonacci – green Notes:...
{quote} Wow! TP 40pips hit. To be honest, i dont know if was a good trade or not.. the only thing was the few pips behind of romar my tp. But for real, what kind of indicators are these... why the price just bounce off from Daily Parabolic with those DB/SAR from top to bottom and divergence on H2. Then after this trade, i need to wait until next day right? The Open of Sydney
This was other opportunity for Trade?
We are in consolidation, DB/SAR and Normal Divergence at bottom near Fibo 50 in H2. In D1 at that moment was 15 pips from Support Romar D1 and with 40 pips SL that put u behind of Daily Romar. In H4 we got SAR and Parabolic trending for the Up.
Sorry if im wrong, im still learning and just decide to start posting.
