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  • #15,621
  • Feb 28, 2019 4:16am Feb 28, 2019 4:16am
Quoting Lakers
February 28th, 2019 EUR/JPY. Session: London Red News: USD Daily Romar: Support/Resistance EMA: Support Parabolic: Support Fibs: Red EMA last arrow: UP, MACD: UP Note: 4 horsemen are pointing for the up, the market opened above Romar again and it can cause Romar EMA to cross for the up if the market stays above Romar. Last DB/SAR attachment is at the top with the Divergences. H4 Romar: Support EMA: Support Parabolic: Support Fibs: Red Note: 4 horsemen are pointing for the up, and the last DB/SAR attachment is at the top with the Divergences. H2...
Entry
When the market is in an uptrend the Fibo red '0' can make higher-highs. In trend, open above EMA for the long and below EMA for the short.
H2 is showing a slider with the open bar above EMA, it will cause EMA to slide under Purple for the up confluence with the Daily and H4 4 horsemen pointing for the up. And also H1 EMA Purple at the crossing for the up.
Risks
If the market goes above the last H2 DB attachment at the top, the hidden Divergence will show up. And because of both Divergence showing the market can stop continuing going higher. So my TP is at risk of not getting hit.

Attached Image (click to enlarge)
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  • #15,622
  • Feb 28, 2019 8:54am Feb 28, 2019 8:54am
Quoting Lakers
{quote} Entry When the market is in an uptrend the Fibo red '0' can make higher-highs. In trend, open above EMA for the long and below EMA for the short. H2 is showing a slider with the open bar above EMA, it will cause EMA to slide under Purple for the up confluence with the Daily and H4 4 horsemen pointing for the up. And also H1 EMA Purple at the crossing for the up. Risks If the market goes above the last H2 DB attachment at the top, the hidden Divergence will show up. And because of both Divergence showing the market can stop continuing going...
Result
Close 5 minute before the news release. The trade is no good.
I think the entry was a candle late, and the correct entry was off H2 Parabolic support (8:00). But during that time when the candle opened at the H2 Parabolic support (8:00), H2 EMA / MACD arrow was showing in sequence for the down. So I'm not sure if taking the risk was worth it.
About my entry, H1 Purple White Smooth EMA was crossing for the down in a shallow way so an open bar above Purple would make the 4 indicators recross for the up easier. And H2 entry open bar above EMA was far from the EMA, so I don't know if it was it worth it with that big gap from EMA to the entry open candle.
Maybe next time I should use the H1 for the entry with this type of scenario.
  • #15,623
  • Feb 28, 2019 9:22am Feb 28, 2019 9:22am
Quoting killerxover
Date: 28/02/19 00.00 GMT News: All day - German Prelim CPI m/m 13.30 - Advance GDP 14.45 - Chicago PMI Daily: ROMAR: Support/Resistance EMA: Support PSAR: Support Checklist: Last MACD 0 crossing: Up Lat EMA alert arrow: Up Last DB attachment: Top 126.335 Last SAR attachment: Top 126.335 Fibo: Red Notes: Daily in Uptrend. 4hm are up. Standard & hidden div attached on top. 4HR: ROMAR: Support EMA: Support PSAR: Support Checklist: Last DB attachment: Top 126.335 Last SAR attachment: Top 125.335 Fibo: Red Notes: H4 in full uptrend. Standard & hidden...
After more that 12 hours checking in every 2 hours, I failed to recognize projected entry for Long.
First, I was expecting that SAR attachment on PSAR support to re entry back going up.
Second, I kept thinking that TP line was up above fibo red 0 & can't be seen, so that entry long will be at risk. In this case, after reading Lakers' entry statement about "When the market is in an uptrend the Fibo red '0' can make higher-highs", I believe that I'm wrong. The logic of TP can't be seen is not suitable when market in full uptrend/downtrend.
  • #15,624
  • Feb 28, 2019 9:28am Feb 28, 2019 9:28am
Quoting killerxover
{quote} After more that 12 hours checking in every 2 hours, I failed to recognize projected entry for Long. First, I was expecting that SAR attachment on PSAR support to re entry back going up. Second, I kept thinking that TP line was up above fibo red 0 & can't be seen, so that entry long will be at risk. In this case, after reading Lakers' entry statement about "When the market is in an uptrend the Fibo red '0' can make higher-highs", I believe that I'm wrong. The logic of TP can't be seen is not suitable when market in full uptrend/downtrend....
Please my friend, don't take any of my post as true statement, there's a chance that my statement are incorrect.
I strongly recommend to only learn from Dana's statement unless Dana mention someone else.
Thank you.
  • #15,625
  • Feb 28, 2019 9:33am Feb 28, 2019 9:33am
Quoting Lakers
{quote} Result Close 5 minute before the news release. The trade is no good. I think the entry was a candle late, and the correct entry was off H2 Parabolic support (8:00). But during that time when the candle opened at the H2 Parabolic support (8:00), H2 EMA / MACD arrow was showing in sequence for the down. So I'm not sure if taking the risk was worth it. About my entry, H1 Purple White Smooth EMA was crossing for the down in a shallow way so an open bar above Purple would make the 4 indicators recross for the up easier. And H2 entry open bar...
To start with the Parabolic hit on the H2 was the entry. The H2 White/Smooth was in a slider because the Sequence of crossing Purple. The pullback on the H2 was to bring out the Hidden Divergence and the rules is with either the SAR or the hit on the Parabolic will be the Entry. If the SAR does not hit the Parabolic then the Hit on the Parabolic with the next open bar you pull the trigger.

Whenever you have the Standard Divergence showing up on either top or bottom you never counter-trade. That is letting you know a pullback to the 4 Horsemen is in the makings for the SAR or a Parabolic hit. That is when you pull the trigger. And this all happens on the H2 chart. And for verification is on the H4 and not the H1
The Dove - Forex Trainer
  • #15,626
  • Feb 28, 2019 9:40am Feb 28, 2019 9:40am
Quoting Lakers
{quote} Please my friend, don't take any of my post as true statement, there's a chance that my statement are incorrect. I strongly recommend to only learn from Dana's statement unless Dana mention someone else. Thank you.
Sorry my friend, if I mentioned your statement. I didn't mean to offend you.
  • #15,627
  • Feb 28, 2019 9:41am Feb 28, 2019 9:41am
Quoting dove_alliance
{quote} To start with the Parabolic hit on the H2 was the entry. The H2 White/Smooth was in a slider because the Sequence of crossing Purple. The pullback on the H2 was to bring out the Hidden Divergence and the rules is with either the SAR or the hit on the Parabolic will be the Entry. If the SAR does not hit the Parabolic then the Hit on the Parabolic with the next open bar you pull the trigger. Whenever you have the Standard Divergence showing up on either top or bottom you never counter-trade. That is letting you know a pullback to the 4 Horsemen...
Yes I thought about the sequence of White/Smooth crossing Purple, and when I saw EMA/MACD arrows in sequence I started to second guess myself.
But thanks Dana for clarification.
  • #15,628
  • Feb 28, 2019 9:44am Feb 28, 2019 9:44am
Quoting killerxover
{quote} Sorry my friend, if I mentioned your statement. I didn't mean to offend you.
No no my friend you did not offend me at all.
I just really don't want to cause confusion for the other traders, as we are all learning.
Thanks
  • #15,629
  • Feb 28, 2019 9:45am Feb 28, 2019 9:45am
Quoting killerxover
{quote} After more that 12 hours checking in every 2 hours, I failed to recognize projected entry for Long. First, I was expecting that SAR attachment on PSAR support to re entry back going up. Second, I kept thinking that TP line was up above fibo red 0 & can't be seen, so that entry long will be at risk. In this case, after reading Lakers' entry statement about "When the market is in an uptrend the Fibo red '0' can make higher-highs", I believe that I'm wrong. The logic of TP can't be seen is not suitable when market in full uptrend/downtrend....
The scenario I gave Lakers is to bring out the Hidden Divergence which was on top. That means the market MUST get above the Standard for 40 with the SAR or Parabolic hit. And if entry is not made with Either means the entry is late. You will get 40 with entry and sometimes it may not go any more then the 40.
The Dove - Forex Trainer
  • #15,630
  • Feb 28, 2019 9:54am Feb 28, 2019 9:54am
Quoting dove_alliance
{quote} The scenario I gave Lakers is to bring out the Hidden Divergence which was on top. That means the market MUST get above the Standard for 40 with the SAR or Parabolic hit. And if entry is not made with Either means the entry is late. You will get 40 with entry and sometimes it may not go any more then the 40.
Understood. Thank you Sir for your lessons.
  • #15,631
  • Feb 28, 2019 10:30am Feb 28, 2019 10:30am
The problem some of you are having is the same as Lakers with the EMA/MACD arrows. If the sequence is against the ROMAR trend and the alert crosses EMA on a slider - then it will return back across EMA. The Importance of both arrows are in a REVERSALS. First is the EMA arrow and the MACD will follow the EMA. But IF you are in a pullback for the Hidden Divergence you will have both arrows flip-flopping. So the EMA/MACD was created for one reason and purpose; for REVERSALS and not sliders.
The Dove - Forex Trainer
  • #15,632
  • Feb 28, 2019 2:18pm Feb 28, 2019 2:18pm
The most important indicator on all charts is ROMAR:

ROMAR is your trend for each chart. In the moment you have ROMAR as support on the lower charts and both support/resistance on the Daily. The reason the Daily is both is because it crossed Purple which gives the Daily ROMAR AN option of sliding over EMA - or crossing EMA. If it sliders over EMA it will remain as resistance. If it crossed EMA then it become support. This is true on ALL CHARTS.

So the Daily ROMAR is both Support/resistance; and the lower charts are support means the lower chart are not in a ROMAR consolidation, but are in an uptrend. With this perspective, and objective, means all hits on the ROMAR support off the H2 chart is an entry long.

Now a problem may be showing the market going sideways in a slider with ranging marks of ROMAR as support and the Fibo is used as a Resistance You can tell the market going sideways when the Parabolic is not holding support or resistance. This is cause buy ROMAR holding Support with the 3 lower charts.

Take a look at this chart below and you see what I am speaking about. I drew a horizontal line from the last high which is Resistance. The trend is up with ROMAR traveling below the trading area The 4 Horsemen is swinging in between the S/R area and leaves very little for any trades. Even the SAR hit on top was not an entry because it was against the ROMAR trend. The SAR attached at the bottom with ROMAR was not a trade because of the Parabolic Trend. The only way you are able to get a RISK FREE entry is with a breakout showing going to the top with RESISTANCE. Also take note on the EMA/MACD Arrows. They are flip-flopping all over the place in this huge slider. There will be times you will have to show patience and wait on the Breakout.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2_Slider.png Size: 75 KB


HERE IS THE BREAK OUT:

You have the EMA/MACD/Arrows in Sequence with EMA crossing Purple, and White/Smooth crossing on the open bar. This is showing the breakout with an entry long with ROMAR as Support. 40 pips before DB/SAR with Divergences.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH2_Breakout.PNG Size: 52 KB
The Dove - Forex Trainer
  • #15,633
  • Feb 28, 2019 8:47pm Feb 28, 2019 8:47pm
Alright traders - the Daily was doing all the talking with ROMAR. At Purple the market got above ROMAR and only one time it tried to open below it; but never did. It stayed above ROMAR and now ROMAR is at the crossing of EMA; with all 4 charts now in a full blown uptrend. This will not change until the H1 ROMAR re-crosses EMA for a downtrend. And then we will be in consolidation.
The Dove - Forex Trainer
  • #15,634
  • Feb 28, 2019 10:26pm Feb 28, 2019 10:26pm
Sir, looking at today's news release, not sure how to enter a trade because the interval of news are so close. Will you give us some advices on this?

Like this tokyo open at 19.00 EST, looking back to that time, market in full blown uptrend and entry was at that moment. But because of one hour later, there is red news, then a trade can't be taken. The next entry at open candle 21.00 EST, market has moved up 30 pips.
  • #15,635
  • Feb 28, 2019 10:58pm Feb 28, 2019 10:58pm
Quoting killerxover
Sir, looking at today's news release, not sure how to enter a trade because the interval of news are so close. Will you give us some advices on this? Like this tokyo open at 19.00 EST, looking back to that time, market in full blown uptrend and entry was at that moment. But because of one hour later, there is red news, then a trade can't be taken. The next entry at open candle 21.00 EST, market has moved up 30 pips.
I have no idea what you are looking at but I only see one Red Tag at 10:00 AM in the morning. We use the FF calendar and the only currency that is used with the E/J is the EUR, JPY, and the USD.
The Dove - Forex Trainer
  • #15,636
  • Feb 28, 2019 11:29pm Feb 28, 2019 11:29pm
Quoting dove_alliance
{quote} I have no idea what you are looking at but I only see one Red Tag at 10:00 AM in the morning. We use the FF calendar and the only currency that is used with the E/J is the EUR, JPY, and the USD.
Sorry if I make confusion. I'm looking at EUR, JPY & USD News. What I'm trying to ask is 4 hours ago, there was USD red tag news which is FED chair powell speaks and one hour before that, open candle in the moment on H2 at 19.00 EST could be a long entry. But it can't be taken because of red tag news.

And looking ahead, I see few news release with yellow, orange and red tag are coming (USD & EUR) which I'm not sure to make entry. But you said that you only see one Red Tag on 10.00 am, then it's clearer now. Thanks.
  • #15,637
  • Feb 28, 2019 11:52pm Feb 28, 2019 11:52pm
Trading plan 01/03/2019 Economic news : ISM Manufacturing PMI
Daily
ROMAR – resistance/support
EMA - support
Parabolic - support
Last DB and SAR Attachment –down at 127,076 (2Diver)
Fibonacci – red. Riders pointing up. MACD up. Fibo 23.6 – support (at 126,1)
H4
ROMAR – support
EMA - support
Parabolic – support
Last DB with SAR Attachment –up at 127,076 (2Diver)
Fibonacci – red. Riders pointing up
H2
ROMAR –support
EMA – support
Parabolic - support
Checklist: Last DB Attachment – up at 127,076 (2Diver)
Fibonacci –red.. Riders pointing up
H1
ROMAR – support
EMA - - support
Parabolic- support
Fibo –red. Riders pointing up
Rules for uptrends:
a: ROMAR and EMA must be in sync on all three charts to trade long.
a: The 1 hour is your reference chart with the 2 hour trend chart.
b: You are looking for sync of both ROMAR and EMA uptrend on both the 1 and 2 hour charts to enter a trade.
c: Trades are made from the support area to go long.
Predictable inputs: 1) There are currently no 40 points to 0 Fibo to enter purchases. Waiting for rollback to support (EMA H2).
2) I will look for sales if there is a confirmed turn on H2
Either I will find a way, or I will make one...
  • #15,638
  • Edited 2:32am Mar 1, 2019 2:05am | Edited 2:32am
Thanks Dana for yesterday's tutorial, it really helps a lot.
March 1st, 2019 EUR/JPY.
Session: London
Red News: USD

Daily
Romar: Support/Resistance
EMA: Support
Parabolic: Support
Fibs: Red
EMA last arrow: UP, MACD: UP
Note: The market opened above Purple, and the last DB attachment is on the current candle at the top. The 4 horsemen are pointing for the up. Also Romar EMA is at the crossing.
H4
Romar: Support
EMA: Support
Parabolic: Support
Fibs: Red
Note: The last DB/SAR attachment with both Divergence is connected at the top. And the 4 horsemen are pointing for the up.
H2
Romar: Support
EMA: Support
Parabolic: Support
Fibs: Red
EMA last arrow: UP, MACD: UP
Note: In sync with H4.
H1
Romar: Support
EMA: Support
Parabolic: Support
Fibs: Red
Note: In sync with H2.

Final note: The market is currently in an uptrend. And every chart has their DB/SAR connection at the top of the Fibo red '0'. Also every chart are in sync for the up but the only difference is the Daily Romar EMA is at the crossing for the up unlike the other lower time frame chart Romar EMA has already crossed for the up.
Projected entry:
Could look to go long if the market makes a retrace to support and shows confluence with an EMA slider, or we can use any 4 horsemen in an uptrend for the entry.
Shorting can also be an option if the market starts to consolidated and shows a reversal.
  • #15,639
  • Mar 1, 2019 9:25am Mar 1, 2019 9:25am
For those who are worry about the top of the Fibo for a trade - I have already told you it will keep moving the top for the up and the bottom for the down on a trend. Since the 19:00 opening Daily bar the market has moved over 80 pips; and on that 19:00 bar there was an entry showing on all 3 lower charts going into the trend.
The Dove - Forex Trainer
  • #15,640
  • Mar 1, 2019 9:45am Mar 1, 2019 9:45am
But we have to wait for the rollback to 40 points to 0 Fibo?
Either I will find a way, or I will make one...
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