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  • #12,561
  • Dec 15, 2017 2:24pm Dec 15, 2017 2:24pm
Andy, Traders

if you check out posts 11090 and Dana's reply 11096 this is the way i now look for tops and Bottoms.
On my first post i got in a little late (but still got my 40) Dana's reply now gets me in with ease.
check out the 8.00 AM GMT candle where it opens and where it goes to pull the trigger to get 40 with no grief from PSAR. Together with all the Confluence you have just posted.

P.S. sorry for no posts lately been trying my learning on Cable but with all the Brexit carry on i thought i would give it a miss today and it worked out nice.

Here is the print.

thanks again.
Attached Image
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  • #12,562
  • Dec 15, 2017 3:02pm Dec 15, 2017 3:02pm
Quoting jakdan
Andy, Traders if you check out posts 11090 and Dana's reply 11096 this is the way i now look for tops and Bottoms. On my first post i got in a little late (but still got my 40) Dana's reply now gets me in with ease. check out the 8.00 AM GMT candle where it opens and where it goes to pull the trigger to get 40 with no grief from PSAR. Together with all the Confluence you have just posted. P.S. sorry for no posts lately been trying my learning on Cable but with all the Brexit carry on i thought i would give it a miss today and it worked out nice....
Thanks mate, good trade, I'm still trying to find absolute bottom/top for my entries but wary of being too late or too early, 11096 is a good one - but you know how it is, fibos flip for the up and it goes down again.......at least relying on Daily ROMAR was a bonus for me today.

Cheers,
Andy
From the ashes of disaster grow the roses of success - Grandpa Potts, 1968
  • #12,563
  • Dec 15, 2017 4:58pm Dec 15, 2017 4:58pm
Quoting dove_alliance
{quote} I guess I don't have to tell you what went wrong with your entry? But let me give you a secret on this kind of entry. If you do not see your TP on the chart that is fully expended vertically means you are in the wrong trade. You went short from the bottom without the TP showing. If you had pulled the trigger going long you would had made your 40. This is also true vice-versa. The rule states trade long from the bottom and short from the top. I hope this helps you.
thank you for the generous words. I would like to add that I take note of each one of them. as Sr realized I acknowledged my error when seeing the candle of 08:00 GMT London open. an impulsive entry that completely ignored the Rule: "Daily consolidation: If the DB is attached on the top then the trend is down If the DB is attached on the bottom then the trend is up. That is very simple. If you are trading against the DB then you are counter-trading"
Thanks
  • #12,564
  • Dec 17, 2017 12:09am Dec 17, 2017 12:09am
Hi everyone,

I study paradox for a weeks, but may I ask one stupid question, what does it mean hidden LR ,?I don't know LR 'mean , can someone help? Thanks for kindly help
  • #12,565
  • Dec 17, 2017 1:05pm Dec 17, 2017 1:05pm
Quoting kouchou
Hi everyone, I study paradox for a weeks, but may I ask one stupid question, what does it mean hidden LR ,?I don't know LR 'mean , can someone help? Thanks for kindly help
It means Linear Regression
  • #12,566
  • Dec 17, 2017 4:47pm Dec 17, 2017 4:47pm
My Trading Plan
Date: 12.18.20174

Daily:
ROMAR - Support
EMA - Resistance
PSAR - Resistance

Check List:
Last MACD 0 crossing- Down
Last EMA Alert Arrow- Down
Last DB Attachment- 134.367 High. DB/SAR 132.04 new swing going down.
Fibo up or down- Down

Notes: Daily down with ROMAR support. Daily out of balance about 90 pips. 61.8 and ROMAR holding support.

2 HR:
OPEN PRICE - 132.335
ROMAR - Resistance
EMA - Support
PSAR - Support

Check List:
Last MACD 0 crossing- Up
Last EMA Alert Arrow- Down
Last DB Attachment- 132.71 at 38.2%
Fibo up or down - Up

Notes: 2H is in consolidation. EMA crossing Purple for uptrend while White is turning into a slider with Purple for down.

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

Check List:
Last MACD 0 crossing- Up
Last EMA Alert Arrow- Down
Last DB Attachment- N/A
Fibo up or down- Up

Notes: 1H White and Smooth crossed Purple and EMA at Purple for crossing. PSAR holding support.

Final Notes for all three charts: Daily down but ROMAR and 61.8 holding support, also Daily is out of balance. 2H EMA at Purple for crossing up. 1H parabolic holding support.

Entry:
Consolidation:
Long: 2H SAR attaching at Parabolic.
Short:

Notes for readjustments:

PS: I had created the plan before the market opening and I just copy pasted it here. So, there will be a lot to hear. I'm not much used to 4H chart yet, I just use it as a reference for S/R and trend. If it offends the thread I will edit my post. I would really appreciate your comments regarding my trading plan.
Hasan.
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  • #12,567
  • Dec 17, 2017 11:36pm Dec 17, 2017 11:36pm
Quoting Pipsverdi
{quote} It means Linear Regression
Thank u for the answer.
  • #12,568
  • Dec 18, 2017 2:16am Dec 18, 2017 2:16am
Good morning all !
PLAN 18/12/2017 8.00 GMT - LONDON
NEWS: Non

Daily
Romar: Support/resistance
EMA: Resistance
PSAR: Resistance
DBSAR: down at 132.042
fibo: Red
MACD: Down
EMA Arrow: Down
Notes: Horsemen pointing down , price was under ROMAR and went back up. price just touched purple
H4
Romar: Resistance
EMA: Resistance
PSAR: support ( just turned )
fibo: green
DB +SAR : at 132.042
Notes: 4 Horsemen pointing up - market is heading to ROMAR resistance .
H2
Romar: Resistance
EMA: Support
PSAR: Support
DB +SAR :TOP at 132.764
fibo: Green
MACD: up
EMA Arrow up
Notes: 4 horsemen tight and slightly up. BB close , and price is close to upper BB.
H1
Romar: Resistance
EMA: Support
PSAR: Support
fibo: red
MACD: up
Notes: Price just crossed ROMA Rresistance

Final notes: we are in Consolidation. and priceis currently in the center and heading for major resistance on 3 charts.
Rules for consolidation:
a: The 2 hour is your trading/trend chart.
b: Use the Daily Chart S/R as reference for consolidation.
c: You can trade either short or long in consolidation.
d: Trade from resistance to support and vice-versa. Do not trade from center in consolidation.
e: Both upper and lower bands are resistance and support in consolidation.

Entry:I will short the market with more confluence , like 2H BB and/or ROMAR hit. ( at the moment it is too risky to enter short)
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  • #12,569
  • Dec 18, 2017 3:37am Dec 18, 2017 3:37am
Good Morning Traders

Here is my +40 for today:

Daily:

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Daily chart showing ROMAR Support, EMA and PSAR as Resistance and the FIB down with DB/SAR on the bottom. Market in Consolidated downtrend heading to ROMAR support.

4hr:

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4hr Chart showing the Consolidation with the DB/SAR going from swing high to swing low. The Fib has stayed up for the last 8 days or so, whilst the 2hr has been moving from 0-100 and from 100-0. This has happened at the 4hr Fib 61.8. Note the fib will flip on the next couple of bars.

2hr:

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Entry at the bottom with the arrow around the open last night. I was a tad late and had some high spread but still had plenty of room to Resistance.

Basically all through December I have been trading the Daily turn from Uptrend to Consolidation - (Consolidated Downtrend). And this has consisted of trading the 2hr fib up and down with the 4hr DB/SAR, Fibo and the Daily as reference for Resistance.

Here is the print:

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Hope that helps.

Regards

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,570
  • Dec 18, 2017 3:49am Dec 18, 2017 3:49am
Entered Short :
2H DB+SAR+Green DIV connected at upper BB,and ROMAR touch.
Also 4H 50 fib + ROMAR, and Daily smooth , all resistance less then 10 pips away.
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  • #12,571
  • Dec 18, 2017 5:39am Dec 18, 2017 5:39am
[quote=shinny;10600294]Good Morning Traders Here is my +40 for today:.........

Thank you Shinny,

This is a great tute.

I like your H4 Trend filter.

Whilst I am here ... may i also bid your kind self and and everyone here a Merry Christmas and a big thank you for your multiple assistances and extraordinary patience throughout the past many months. It has been an honour & a privilege. I shall catch you all up in the New year.

Blessings.

Oli
If you make up your own rules then the story is sad.....
  • #12,572
  • Dec 18, 2017 5:56am Dec 18, 2017 5:56am
Quoting Omarhasan12
My Trading Plan Date: 12.18.20174 Daily: ROMAR - Support EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing- Down Last EMA Alert Arrow- Down Last DB Attachment- 134.367 High. DB/SAR 132.04 new swing going down. Fibo up or down- Down Notes: Daily down with ROMAR support. Daily out of balance about 90 pips. 61.8 and ROMAR holding support. 2 HR: OPEN PRICE - 132.335 ROMAR - Resistance EMA - Support PSAR - Support Check List: Last MACD 0 crossing- Up Last EMA Alert Arrow- Down Last DB Attachment- 132.71 at 38.2% Fibo up or down - Up...
Self Evaluation: TP hit +40.
I entered earlier, I should have waited until SAR attached to Parabolic.
  • #12,573
  • Dec 18, 2017 8:15am Dec 18, 2017 8:15am
Quoting pipon
Entered Short : 2H DB+SAR+Green DIV connected at upper BB,and ROMAR touch. Also 4H 50 fib + ROMAR, and Daily smooth , all resistance less then 10 pips away
OK , my trade is still running and in 14-19 pip profit for the last 3 hours.
BUT -
I must say that although I went short with a very good confluence (or at least that's what I think) , I did enter from the center in consolidation. So I followed several rules , but broke an important one, there for this is a risky trade, that a professional trader should skip.

I will let it run and hopefully it will not take long ( if I remember correct last time I did that it took more then 24 hours...)
  • #12,574
  • Dec 18, 2017 12:01pm Dec 18, 2017 12:01pm
Quoting Omarhasan12
{quote} Self Evaluation: TP hit +40. I entered earlier, I should have waited until SAR attached to Parabolic.
Hello Hasan

I quickly looked at your plan, looks ok to me. Just make sure you have 40 pips to your next resistance point, at your entry you had about 35 - which isn't 40. Entering on the open would give you room, but I can understand you waiting to make sure there isn't anything crazy happening at the open. You had good levels of Support, and Daily Out Of Balance for 2 bars.

Its a bit difficult to comment too much on your plan as I really only trade GBP, so I am not fully in the flow with EJ, but good trade.

Regards

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,575
  • Dec 18, 2017 12:45pm Dec 18, 2017 12:45pm
Quoting shinny
{quote} Hello Hasan I quickly looked at your plan, looks ok to me. Just make sure you have 40 pips to your next resistance point, at your entry you had about 35 - which isn't 40. Entering on the open would give you room, but I can understand you waiting to make sure there isn't anything crazy happening at the open. You had good levels of Support, and Daily Out Of Balance for 2 bars. Its a bit difficult to comment too much on your plan as I really only trade GBP, so I am not fully in the flow with EJ, but good trade. Regards Shaun
Thank you Shaun Sir!
It's great to hear from you. I will take your suggestion seriously and copy it to my computer as I have all your trades and posts.
Regards,
Hasan.
Edit: Sorry misspelled your name. Still very weak in English.
  • #12,576
  • Dec 18, 2017 11:13pm Dec 18, 2017 11:13pm
Quoting shinny
{quote} Hello Hasan I quickly looked at your plan, looks ok to me. Just make sure you have 40 pips to your next resistance point, at your entry you had about 35 - which isn't 40. Entering on the open would give you room, but I can understand you waiting to make sure there isn't anything crazy happening at the open. You had good levels of Support, and Daily Out Of Balance for 2 bars. Its a bit difficult to comment too much on your plan as I really only trade GBP, so I am not fully in the flow with EJ, but good trade. Regards Shaun
hello shaun i want to ask should we have to consider support and resistance of h1 to check space?or consider only h4 nd d1 time frame support nd resiatance to check room?
  • #12,577
  • Dec 19, 2017 1:13am Dec 19, 2017 1:13am
Quoting dharmikpatel
{quote} hello shaun i want to ask should we have to consider support and resistance of h1 to check space?or consider only h4 nd d1 time frame support nd resiatance to check room?
Hello

You will find that the best entries are those that have 40 pips clearance on each chart, so yes I would consider the 1hr chart. Its just extra confluence, and the more of that the merrier.

Regards

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,578
  • Dec 19, 2017 1:57am Dec 19, 2017 1:57am
My trade still runs.
I will lets it run ,but it looks more and more like the 1H-2H-4H ROMAR changing trend sequence.
Feels like Im learning patience the hard way....
  • #12,579
  • Dec 19, 2017 2:27am Dec 19, 2017 2:27am
Quoting pipon
My trade still runs. I will lets it run ,but it looks more and more like the 1H-2H-4H ROMAR changing trend sequence. Feels like Im learning patience the hard way....
Hi Pipon

Yes let the trade run and we can go through it when its over. And yes, the Paradox will teach you many things the hard way!

Shaun
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #12,580
  • Dec 19, 2017 7:40am Dec 19, 2017 7:40am
Quoting pipon
Entered Short : 2H DB+SAR+Green DIV connected at upper BB,and ROMAR touch. Also 4H 50 fib + ROMAR, and Daily smooth , all resistance less then 10 pips away. {image}
OK, trade result : -40 PIPS
As I already wrote, I thought the confluence for short was really good (2H DB+SAR+Green DIV connected at upper BB,and ROMAR touch.
Also 4H 50 fib + ROMAR, and Daily smooth , all resistance less then 10 pips away.)

BUT I DID ENTER SHORT FROM THE MIDDLE IN CONSOLIDATION ...... so it was a bad/risky trade !

Shaun, If you have something else to say about this trade, I would love to hear it and learn...
Pipon
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