Date: April 26th, 2018. EURJPY, 6:00 SERVER TIME.
EUR and USD news today.
Daily:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD UP
Last EMA UP
Last DB Attachment ; 133.478 at the top with fibo 0
Fibo DOWN
Notes:
4 horsemen are pointing up
2 HR:
OPEN PRICE - 133.138
ROMAR - Suppot
EMA - Support
PSAR - Support
Check List:
Last MACD DOWN
Last EMA UP
Last DB Attachment ; 132.907
Notes:
Notice, right now the upper and lower BB's are compressing for a flat line, plus the lower BB is above ROMAR.
1 HR:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD UP
Last EMA UP
Fibo UP
Notes:
The fibo flipped to green.
Final Notes for all three charts:
We are still in a uptrend, but looks like we are consolidating by looking at the 2h BB's until the market decides to break out.
Entry:
Long and Short; Right now my plan of action, is to wait and see what the market does in the Paradox matrix.
EUR and USD news today.
Daily:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD UP
Last EMA UP
Last DB Attachment ; 133.478 at the top with fibo 0
Fibo DOWN
Notes:
4 horsemen are pointing up
2 HR:
OPEN PRICE - 133.138
ROMAR - Suppot
EMA - Support
PSAR - Support
Check List:
Last MACD DOWN
Last EMA UP
Last DB Attachment ; 132.907
Notes:
Notice, right now the upper and lower BB's are compressing for a flat line, plus the lower BB is above ROMAR.
1 HR:
ROMAR - Support
EMA - Support
PSAR - Support
Check List:
Last MACD UP
Last EMA UP
Fibo UP
Notes:
The fibo flipped to green.
Final Notes for all three charts:
We are still in a uptrend, but looks like we are consolidating by looking at the 2h BB's until the market decides to break out.
Entry:
DislikedThe BB ranging is when the BB's are flat lined and the Market bounces off the BB. Now if the bounce returns to EMA you then are turning back into the trend. If the bounce returns to the opposite band then you are ranging until the breakout. The Daily ranging is when a lot of traders give up. The reason is because the ranging is unpredictable.Ignored