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  • #12,201
  • Nov 20, 2017 1:32pm Nov 20, 2017 1:32pm
Quoting shinny
{quote} Hi Pipon Well you got your 40 by entering mid-candle, but you forgot the rule about ROMAR. Look at Nikkis plan and see what he wrote in his notes. Be very careful about entering mid-candle,
Hi Shaun,
Thanks for the feedback.Im learning ALOT from you even when you comment on other plans and I really appreciate it !
I just noticed That I did not post a PIC when I wrote the plan , only on my entry post... At the time I wrote my plan price was 45-8 pips away from the DB+SAR connection so I felt buying is too risky , and while I was looking for a sell about 60 pips above market, I did not want to trade it up to the entry point (you are right, If I had remember the ROMAR rule I would trade up for an easy 40 pips!)

I guess what you wrote to Sorel is also true for me "if you miss 'the trade of the day' better not trade then trade a risky trade ( and yes, mid candle entry is a risky trade)

Thank you for your comments, they help me focus and improve !
  • #12,202
  • Nov 20, 2017 2:14pm Nov 20, 2017 2:14pm
Quoting pipon
{quote} Hi Shaun, Thanks for the feedback.Im learning ALOT from you even when you comment on other plans and I really appreciate it ! I just noticed That I did not post a PIC when I wrote the plan , only on my entry post... At the time I wrote my plan price was 45-8 pips away from the DB+SAR connection so I felt buying is too risky , and while I was looking for a sell about 60 pips above market, I did not want to trade it up to the entry point (you are right, If I had remember the ROMAR rule I would trade up for an easy 40 pips!) I guess what you...
Hello

One other thing that I didn't mention or anyone else didn't mention was that at your entry level area the market had already travelled 130 pips, maybe on your plan you could have written " market moved 130 pips from bottom ". If you were aware of that, then taking a short trade in that situation isn't such a bad thing. If you look at similar situations, in general you will see that the further the market moves from the bottom or the top changes what happens.

For example, if the distance from the bottom to the PSAR was less what would have happened in one move is the SAR would have come in at the PSAR then the market would have pushed higher and brought out the DB/SAR and Magenta divergence around 2hr/4hr ROMAR.

Last week you had the SAR come in, then the market moved lower and brought on the divergence. Then what happens is the market moves lower again, with the DB/SAR running so you can see them both ie the DB runs from the last High to the Low, and the SAR is the swings in between. When that happens, your looking for the deeper pullback with the 2hr DB/SAR at Resistance and the 4hr SAR on its own. But this swing is about twice as big as the recent swings so that is something to watch out for.

This isn't analysing, its just awareness of what is in front of you visually. And if your aware of such things then that can give you opportunities that you might not ordinarily take. Looking at the Daily chart its taking trades inside the Daily Consolidation, one bar at a time.

As Dana has said many times, the possibilities are pretty much endless with this system.

Ramble over!

Cheers

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,203
  • Edited 5:49pm Nov 20, 2017 4:05pm | Edited 5:49pm
Trading Plan, November 20, 2017
Daily:
ROMAR – Support
EMA – Resistance
PSAR – Resistance (won't be locked in until new daily bar)
4Horsemen: Smooth has crossed Purple, dn
Balance: 2 bars out
Last MACD 0 Crossing: Dn
Last EMA Alert Arrow: Dn
Last DB Attachment: below ROMAR @ 131.155
Fibonacci: Up (retrace from 38.2)
Notes: Consolidated Dntrend, BB are flattening, EMA at purple, dn, ROMAR at 23.6

H4:
ROMAR: Resistance
EMA: Resistance
PSAR: Eliminated, Smooth at Purple, up
Last DB Attachment: below, outside BB, SAR on top at 132.454 below ROMAR
Fibonacci: Dn
Notes: Dntrend, Mkt at EMA, PSAR resistance with SAR on top for the dn

H2:
ROMAR: Resistance
EMA: Support & Resistance due to Purple crossing, up
PSAR: Support
4Horsemen: strong up
Balance: yes
Last MACD 0 Crossing: Up
Last EMA Alert Arrow: Up
Last DB Attachment: below, outside BB @ 131.155
Fibonacci: Up
Notes: Consolidated Uptrend, moving sideways within narrow range

H1:
ROMAR: Resistance
EMA: Support
PSAR: Support
Notes: Ranging, ROMAR, EMA, horsemen all flat, horsemen & EMA together at PSAR support

Final Notes: Consolidated, Ranging between Daily ROMAR support and H2 ROMAR resistance, Daily EMA will cross Purple with new Daily bar suggesting Daily ROMAR will not hold support, as with new Daily PSAR becoming fixed Daily trend is then down. Will look for a short entry, possibly with a pullback to H2 ROMAR and possibly with H2 SAR moving over. With H4 in dntrend I expect H2 ROMAR to hold resistance.

News: USD medium impact, 10AM EST
  • #12,204
  • Nov 20, 2017 5:18pm Nov 20, 2017 5:18pm
Quoting shinny
{quote} Hello One other thing that I didn't mention or anyone else didn't mention was that at your entry level area the market had already travelled 130 pips, maybe on your plan you could have written " market moved 130 pips from bottom ". If you were aware of that, then taking a short trade in that situation isn't such a bad thing. If you look at similar situations, in general you will see that the further the market moves from the bottom or the top changes what happens. For example, if the distance from the bottom to the PSAR was less what would...
Excellent post Shaun and great advice. Thank you for all the postings in helping the traders. Much appreciated.
The Dove - Forex Trainer
  • #12,205
  • Nov 20, 2017 6:06pm Nov 20, 2017 6:06pm
Attached Image

Attached Image

hello,

i try to reinstalled the platform and open new demo account
because my country bloked forexdotcom so i have to use VPN
but what i got is not simlar demo account like all people here has

i chatted with the customer support, but they can not help me also

what i realized is, there are 2 kind of mt4 platform they has
1. mt4 platform with green circle icon with no eurjpypro currency symbol
2. mt4 platform with F letter icon on it

can anybody help me? thanks
I Will Never Give Up
  • #12,206
  • Nov 20, 2017 6:14pm Nov 20, 2017 6:14pm
Date:22 November 2017 00:00 Broker TIME 11:30pm Yellow News JPY 10am USD Orange News.

Daily
ROMAR:Support
EMA:Resistance
PSAR:Resistance

Check List
Last MACD 0 Crossingown
Last EMA Alert Arrowown
Last DB/SAR AttachmentB/SAR Bottom at 131.155
Fibo Up or Down:Fibo is Green Up

Notes:
Daily Chart 4 horsemen for the Downtrend with Parabolic Resistance. We are near ROMAR and last DB/SAR is bellow of ROMAR.

*******************************

4 Hour Chart
ROMAR:Resistance
EMA:Resistance
PSAR:Resistance

Check List
Last DB/SAR AttachmentB Bottom and SAR Top
Fibo Up or Down:Fibo is Up

Notes:
H4 Chart is in Downtrend but Purple cross white and Smooth. Parabolic is trending Down and SAR is in the top.

************************

2 Hour Chart
ROMAR:Resistance
EMA:Support
PSAR:Support

Check List
Last MACD 0 Crossing:Up
Last EMA Alert Arrow:Up
Last DB/SAR AttachmentB Bottom and SAR Top
Fibo Up or Down:Fibo Up

Notes:
Downtrend with Purple Crossing White for the Down. SAR at Top with DB Bottom and Romar Resistance.


********************************************

1 Hour Chart
ROMAR:Resistance
EMA:Support very near of Purple
PSAR:Support very near of 4 horsemen

Check List:
Last MACD 0 CrossingUp
Last EMA Alert Arrow:Up

Notes:
Downtrend with the 4 horsemen with uptrend order but right now are sliding all together with parabolic.

**********************************************
Final Notes for all 4 Charts:
We are in Consolidation in Daily we have 4 horsemen for the Down with Parabolic and in 4HR Chart we are in the Top with SAR and Parabolic.
H2 is crossing Purple with White and open candle bellow smooth for the Down.
Daily last DB is in bottom bellow of Romar.

Entry:
Consolidation:Entry Short in New Candle. (Still thinking if was early because i have a feeling that the price can retrace for the touch of purple and then going down. But lets see)
Long:
Short:
Attached Image (click to enlarge)
Click to Enlarge Name: H2 and Entry Chart.png Size: 263 KB
  • #12,207
  • Nov 20, 2017 6:34pm Nov 20, 2017 6:34pm
Quoting learn2fly
{image} {image} hello, i try to reinstalled the platform and open new demo account because my country bloked forexdotcom so i have to use VPN but what i got is not simlar demo account like all people here has i chatted with the customer support, but they can not help me also what i realized is, there are 2 kind of mt4 platform they has 1. mt4 platform with green circle icon with no eurjpypro currency symbol 2. mt4 platform with F letter icon on it can anybody help me? thanks
I suggest opening the MT4 platform you have been using and enter your new login information under "File" then "Open an Account" under Demo and see what happens.
The Dove - Forex Trainer
  • #12,208
  • Nov 20, 2017 6:45pm Nov 20, 2017 6:45pm
Quoting dove_alliance
{quote} I suggest opening the MT4 platform you have been using and enter your new login information under "File" then "Open an Account" under Demo and see what happens.
If that doesn't work then the Green Icon would be the right one. In fact - your original platform should be with the Green Icon
The Dove - Forex Trainer
  • #12,209
  • Nov 20, 2017 7:01pm Nov 20, 2017 7:01pm
Quoting dove_alliance
{quote} If that doesn't work then the Green Icon would be the right one. In fact - your original platform should be with the Green Icon
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 11-21-17 at 07.57 AM.PNG Size: 92 KB

Attached Image

i login with account that i registered through the website, but i got demo 106 account, and there is no eurjpypro

when i try to switch the server to demo(R), i can not open new demo account
I Will Never Give Up
  • #12,210
  • Nov 20, 2017 7:09pm Nov 20, 2017 7:09pm
Quoting learn2fly
{quote} {image} {image} i login with account that i registered through the website, but i got demo 106 account, and there is no eurjpypro when i try to switch the server to demo(R), i can not open new demo account
Go too "View" and click on Symbols and tell me what you got. Better yet - create a screen-shot of the Symbols and post it.
The Dove - Forex Trainer
  • #12,211
  • Nov 20, 2017 7:24pm Nov 20, 2017 7:24pm
Quoting dove_alliance
{quote} Go too "View" and click on Symbols and tell me what you got. Better yet - create a screen-shot of the Symbols and post it.
I have no idea what you are doing but all you need to do is go File - New Chart - and then find the Pair and click it.
The Dove - Forex Trainer
  • #12,212
  • Nov 20, 2017 7:32pm Nov 20, 2017 7:32pm
Quoting learn2fly
{quote} {image} {image} i login with account that i registered through the website, but i got demo 106 account, and there is no eurjpypro when i try to switch the server to demo(R), i can not open new demo account
Learn2fly -- You have the E/J up and all you need to do is implement the templates and post them to see if they match.
The Dove - Forex Trainer
  • #12,213
  • Nov 20, 2017 7:32pm Nov 20, 2017 7:32pm
Quoting dove_alliance
{quote} I have no idea what you are doing but all you need to do is go File - New Chart - and then find the Pair and click it.
i did it, but still no eurjpypro, only eurjpy
i think the difference is on the server, my service is demo 106, then other member is demo(R)
Attached Image


Quoting dove_alliance
{quote} Learn2fly -- You have the E/J up and all you need to do is implement the templates and post them to see if they match.
yes i'll try implement the template, i only afraid the data not too accurate than demo (R)
i'll show you later. thanks
I Will Never Give Up
  • #12,214
  • Nov 20, 2017 7:37pm Nov 20, 2017 7:37pm
Quoting learn2fly
{quote} i did it, but still no eurjpypro, only eurjpy i think the difference is on the server, my service is demo 106, then other member is demo(R) {image} {quote} yes i'll try implement the template, i only afraid the data not too accurate than demo (R) i'll show you later. thanks
Where you live many not accept the Pro - but it is Forec.com-UK and all you need to do is install the indicators and the templates and then post your charts.
The Dove - Forex Trainer
  • #12,215
  • Nov 20, 2017 7:38pm Nov 20, 2017 7:38pm
Quoting learn2fly
{quote} i did it, but still no eurjpypro, only eurjpy i think the difference is on the server, my service is demo 106, then other member is demo(R) {image} {quote} yes i'll try implement the template, i only afraid the data not too accurate than demo (R) i'll show you later. thanks
On your screen shot it is showing the pro.
The Dove - Forex Trainer
  • #12,216
  • Nov 20, 2017 9:21pm Nov 20, 2017 9:21pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 11-21-17 at 10.20 AM.PNG Size: 281 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 11-21-17 at 10.20 AM 001.PNG Size: 290 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 11-21-17 at 10.20 AM 002.PNG Size: 302 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 11-21-17 at 10.20 AM 003.PNG Size: 288 KB


can anybody check my chart, is it correct? thanks
I Will Never Give Up
  • #12,217
  • Nov 20, 2017 9:32pm Nov 20, 2017 9:32pm
Quoting learn2fly
{image} {image} {image} {image} can anybody check my chart, is it correct? thanks
OK - Your charts are looking good and correct.
The Dove - Forex Trainer
  • #12,218
  • Nov 20, 2017 9:40pm Nov 20, 2017 9:40pm
Quoting dove_alliance
{quote} OK - Your charts are looking good and correct.
ok thanks for your time dove,
i'll be more active in this thread
and studying the each post from page 1
i know you only help those who really take hard work to study
and i promise i'll study hard,
i've been summarizing many trade from beginning, but i have to study each of them, what scenario occurring, and what entry can be made

thanks a lot

Febri
I Will Never Give Up
  • #12,219
  • Nov 20, 2017 9:54pm Nov 20, 2017 9:54pm
DAILY PLAN
Date: 21/11/2017

News Impact local time GMT+2:
High: None
Medium: 17:00
Low: 6:30am

Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing : The crossing is Down
Last EMA Alert Arrow : Red arrow is Down
Last DB Attachment: DB attached at Bottom 131.15 (next attachment must be on top)
Fibo up or down:Fibo is Green Up from bottom

Notes:4 horsemen in downtrend, Romar is support

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing: The crossing is Up
Last EMA Alert Arrow: Red arrow is Down
Last DB Attachment: DB attached at Bottom 1321.15 with skyblue divergence (next attachment must be on top) and SAR is on TOP
Fibo up or down: Fibo is Green Up from Top

Notes:H4 consolidating white,smooth crossed purple upswing but Romar,EMA and PSAR(eliminated) holding resistance.SAR on top of previous 4candles next connection must at the bottom

2 HR:
OPEN PRICE -132.09
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: The crossing is Up
Last EMA Alert Arrow: Green arrow is Up
Last DB Attachment: DB/SAR both attached at Bottom 131.15 with skyblue and gold divergence (next attachment must be on top) but SAR on TOP
Fibo up or down:Fibo is Green Up from bottom

Notes: 2HR has finish upswing with white crossing purple for downswing and close to smooth crossing.
EMA and PSAR(eliminated) are holding support
SAR on top next connectiong must at bottom

1 HR:
ROMAR - Resistance
EMA - Support
PSAR - Resistance

Check List:
Last MACD 0 crossing: The crossing is Up but very weak
Last EMA Alert Arrow: Red arrow is down
Last DB Attachment: NA
Fibo up or down:Fibo is Green Up from bottom

Notes: White,smooth and purple in a slider, with EMA shallow holding support

Final Notes for all three charts:We are in consolidation it is all about support resistance
Daily is on a downswing with 4horsemen heading for Romar support.
4HR is in downtrend with Romar, EMA and PSAR(eliminated) holding resistance
2HR EMA and PSAR(eliminated) holding support
1HR psar holding resistance, ema below purple

Projected Entry: Looking for a short, but risk is daily romar not enough pips.Would wait for retrace closer to purple on Daily which will give enough pips going down.

Consolidation:
Long:
Short:

Notes for readjustments:No trade taken

*************************************************************


PLEASE CAN SOMEONE REVIEW MY PLAN
  • #12,220
  • Edited Nov 21, 2017 3:16am Nov 20, 2017 10:35pm | Edited Nov 21, 2017 3:16am
(i'm still learning, and i hope with get involved in trading plan will help me more)
TRADING PLAN
Date: 21/11/2017

News : NO High impact news on EUR, JPY or USD

Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing : Down
Last EMA Alert Arrow : Red/Down
Last DB Attachment: DB attached at Bottom 131.15
Fibo up or down:Fibo is Green/Up

Notes: D1 is on consolidation with ROMAR at 23.6 will be support and purple is Resistance

4 HR:
ROMAR - Resistance
EMA - Resistance
PSAR - Support

Last DB Attachment: DB attached at Bottom 131.15 and SAR is on TOP 132.457
Fibo up or down: Fibo is Green/Up

Notes: EMA is going to cross purple

2 HR:

ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Green/Up
Last DB Attachment: DB/SAR both attached at Bottom 131.15 and gold divergence and SAR on top 132.457
Fibo up or down:Fibo is Green

Notes: Fibo 38.2 is holding as support, and because EMA is far from PSAR crossing, it is sign of retracement to PSAR support

1 HR:
ROMAR - Resistance
EMA - Support
PSAR - Resistance

Check List:
Last MACD 0 crossing: Up
Last EMA Alert Arrow: Red
Fibo up or down:Fibo is Green Up
BB : compressing and below ROMAR

Notes: Purple white smooth EMA so close in line on 61.8 fibo

Final Notes : Market is on consolidation, so entry on top or below not centre

Projected Entry: It's like scenario for reversal from 131.159 then created SAR on top at 132.457, after that will retrace to PSAR support for moving again up
when retrace to H2 PSAR, confluence with retrace to H4 Purple and D1 ROMAR

Consolidation:
Long: when market retrace to H2 PSAR with SAR or without it
Short:

Notes for readjustments:

Entry : as planned, long at H1 BB, H2 PSAR, D1 ROMAR support, H4 SMooth support
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 11-21-17 at 04.15 PM.PNG Size: 68 KB
I Will Never Give Up
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