Disliked{quote} Excellent trade Pipon, following the rules off support with the SAR, and heading right back into the trend. A great job - all you need to do is keep up the good work. A lot better then riding a trade for 24 hours or more.Ignored
Date:01 December 2017 00:00 Broker Time10:00am USD RED NEWS Daily ROMAR:Support EMA:Support PSAR:Support Check List Last MACD 0 Crossing:Up Last EMA Alert Arrow:Up Last DB/SAR AttachmentB/SAR TOP Fibo Up or Down:Fibo is Green Up Notes: D1 is in Full Uptrend near Top BB and 100 Green Fibo. ******************************** 4 Hour Chart ROMAR:Support EMA:Support PSAR:Support Check List Last DB/SAR Attachment
I knew this was a Risk Trade because all the TF was going UP, i should wait Purple at White in H2 for shorting from the Top. My SL was hit in the highest price, i mean per 1 pip my SL was hit. In there was a Short Setup? or not Short Trade today?
- #12,428
- Dec 1, 2017 5:15pm Dec 1, 2017 5:15pm
- Joined Jun 2007 | Status: Trading Live For The Last 14 Years. | 5,761 Posts
{quote} SL -40 pips. I knew this was a Risk Trade because all the TF was going UP, i should wait Purple at White in H2 for shorting from the Top. My SL was hit in the highest price, i mean per 1 pip my SL was hit. In there was a Short Setup? or not Short Trade today?
My trading attitude is that of objectivity without bias and ego. I never let the market intimidate my objectivity or subject me into false thinking. My attitude is to never risk a trade that could be unforgiving. My friend, you do not have this attitude. To be an objective trader you first MUST know the rules of the Paradox. There are rules for consolidation, there are rules for the uptrend, there are rules for a downtrend, there are rules for ranging, there are rules for sliders, and there are rules for cycles. All these rules contains the Matrix attitude of the Paradox realm. And if you do not conquer the Matrix then you will be a loser throughout your career as a trader. The Paradox is the most powerful system in the world because every imaginable scenario is built within the Paradox.
This last month of November my trading had been limited with being as busy as I had been with the ministry. But one thing is for sure I never risk my account for any reason. If a trade is not within the realm of the rules then the trigger is never pulled. Below is a photo of my net profit for the month. Take note of no loses.
You have a major problem in not knowing the rules for each scenario. The rules has value and your trading plans along with your trades are not showing the right form of attitude in being a trader. What you need to do for the next 2 weeks is no trading plans but only spend the next two weeks on studying the rules; and gain the right attitude and insight for trading.
The Dove - Forex Trainer
- #12,429
- Dec 2, 2017 5:40am Dec 2, 2017 5:40am
Hello Traders
I hope you are enjoying your weekend.
I just thought I would do a quick post before I go out, just showing what I got up to yesterday in the market.
Here is the GBP situation:
Daily:
Daily Open shows market 100 pips out of balance and Purple at the 23.6. Immediately I know I am not going long - I'm looking at the 4hr and lower for support tie ins for longs later or for shorting opportunities, again, in time.
2hr:
Here the 2hr chart shows a possible entry, although not taken because getting late. The GBP has been very volatile from Tuesday this week, so I left it alone pretty much after getting 120 pips to Tuesday. I do like these pullback entries to Smooth, because usually your risk to PSAR is pretty low in pips so if it does pull back further you are covered by your 40 pip stop.
So in the end I left the GBP well alone.
Here is the EURUSD Daily:
Daily showing the Fib down and White/Purple in a possible crossing situation. Preference is still long though.
4hr Chart:
4hr showing fib up, and SAR attachment at PSAR.
2hr:
2hr showing the entry with confluence of 2hr DB/SAR, ROMAR, 61.8 fib, 4hr PSAR and SAR and bounce off Daily EMA. Very risk free long trade. I then spotted an opportunistic Short trade, also highlighted with an arrow. This was a mid-candle entry with the 2hr SAR at the PSAR. Unfortunately, I was 4 pips from getting the TP, and closed it at +28 because time was getting on. That sudden volatility was President Trump related, but used as an excuse by the Bank Traders to shake things out on a Friday.
Print:
Also, here is the EURJPY Daily chart:
Again, open shows 85 pip out of balance with Purple, so market will either Consolidate sideways, move down to Purple or very occasionally move higher for another bar, but that would likely be without us.
2hr:
Here is the 2hr chart, no entry short for me because again the risk is too high for the SL, it wouldn't be covered on a standard type of entry south.
1hr:
Here is the 1hr showing an entry, but with it been Friday late on its a no go, but any other day that is 40 pips.
Hope that helps.
Enjoy the rest of your weekend!
Regards
Shaun
I hope you are enjoying your weekend.
I just thought I would do a quick post before I go out, just showing what I got up to yesterday in the market.
Here is the GBP situation:
Daily:
Daily Open shows market 100 pips out of balance and Purple at the 23.6. Immediately I know I am not going long - I'm looking at the 4hr and lower for support tie ins for longs later or for shorting opportunities, again, in time.
2hr:
Here the 2hr chart shows a possible entry, although not taken because getting late. The GBP has been very volatile from Tuesday this week, so I left it alone pretty much after getting 120 pips to Tuesday. I do like these pullback entries to Smooth, because usually your risk to PSAR is pretty low in pips so if it does pull back further you are covered by your 40 pip stop.
So in the end I left the GBP well alone.
Here is the EURUSD Daily:
Daily showing the Fib down and White/Purple in a possible crossing situation. Preference is still long though.
4hr Chart:
4hr showing fib up, and SAR attachment at PSAR.
2hr:
2hr showing the entry with confluence of 2hr DB/SAR, ROMAR, 61.8 fib, 4hr PSAR and SAR and bounce off Daily EMA. Very risk free long trade. I then spotted an opportunistic Short trade, also highlighted with an arrow. This was a mid-candle entry with the 2hr SAR at the PSAR. Unfortunately, I was 4 pips from getting the TP, and closed it at +28 because time was getting on. That sudden volatility was President Trump related, but used as an excuse by the Bank Traders to shake things out on a Friday.
Print:
Also, here is the EURJPY Daily chart:
Again, open shows 85 pip out of balance with Purple, so market will either Consolidate sideways, move down to Purple or very occasionally move higher for another bar, but that would likely be without us.
2hr:
Here is the 2hr chart, no entry short for me because again the risk is too high for the SL, it wouldn't be covered on a standard type of entry south.
1hr:
Here is the 1hr showing an entry, but with it been Friday late on its a no go, but any other day that is 40 pips.
Hope that helps.
Enjoy the rest of your weekend!
Regards
Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
- #12,435
- Dec 3, 2017 4:39pm Dec 3, 2017 4:39pm
- Joined Jun 2007 | Status: Trading Live For The Last 14 Years. | 5,761 Posts
The Dove - Forex Trainer
- #12,438
- Dec 4, 2017 4:32am Dec 4, 2017 4:32am
Session London: EUR-JPY 04/12/2017
Daily: opened above Purple
ROMAR: Support
EMA: Support
Parabolic: Support
Notes: Horsemen full uptrend. DB on top with green Divergence just below 0.0 FIBO. Trend EMA arrow UP. MACD up. FIBO up.
H4
ROMAR: Support
EMA: Support/Resistance
Parabolic: Support/Resistance
Notes: Horsemen Down, Parabolic has not flipped. EMA has crossed the Parabolic down. DB UP with divergence/ SAR now attached at top but below DB.
H2
ROMAR: Support (Out of Trading Zone)
EMA: Support
Parabolic: Support
Notes: Horsemen UP, Parabolics have flipped for the up, but DB now attached on a Lower High and ROMAR out of trading zone. Last EMA trend arrow up, MACD down. FIBO down. Market holding at 23.6 fibo.
H1
ROMAR: Support
EMA: Support
Parabolic: Support (eliminated)
Notes: Purple White cross for the down, Purple now in slider with Smooth – market holding at 61.8 fibo.
Final Notes: Althought the Daily Balance is only out by 25 pips, and everything appears to point for the Long, the H4 EMA has crossed Parabolic without flipping, and H2 ROMAR is out of the trading zone. I interpret this (hopefully correctly) as the Ranging Rule whereby we trade between the High Low swings of the DB/SAR – H2/H4 DB/SAR would seem to support this.
Adjustments: None
Short: mid candle once Lower High DB appeared (and once I had chance to reflect on my journal)
Result:
Daily: opened above Purple
ROMAR: Support
EMA: Support
Parabolic: Support
Notes: Horsemen full uptrend. DB on top with green Divergence just below 0.0 FIBO. Trend EMA arrow UP. MACD up. FIBO up.
H4
ROMAR: Support
EMA: Support/Resistance
Parabolic: Support/Resistance
Notes: Horsemen Down, Parabolic has not flipped. EMA has crossed the Parabolic down. DB UP with divergence/ SAR now attached at top but below DB.
H2
ROMAR: Support (Out of Trading Zone)
EMA: Support
Parabolic: Support
Notes: Horsemen UP, Parabolics have flipped for the up, but DB now attached on a Lower High and ROMAR out of trading zone. Last EMA trend arrow up, MACD down. FIBO down. Market holding at 23.6 fibo.
H1
ROMAR: Support
EMA: Support
Parabolic: Support (eliminated)
Notes: Purple White cross for the down, Purple now in slider with Smooth – market holding at 61.8 fibo.
Final Notes: Althought the Daily Balance is only out by 25 pips, and everything appears to point for the Long, the H4 EMA has crossed Parabolic without flipping, and H2 ROMAR is out of the trading zone. I interpret this (hopefully correctly) as the Ranging Rule whereby we trade between the High Low swings of the DB/SAR – H2/H4 DB/SAR would seem to support this.
Adjustments: None
Short: mid candle once Lower High DB appeared (and once I had chance to reflect on my journal)
Result:
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
