That may be a valid opinion for your method. But from what is being taught by the OP of this thread there could be multiple valid shorts before then, depending on how structure unfolds.
Got back to homework...now things are clearer, l think
Let's do it again…
EJ
Daily
1) Romar above EMA= trend down
2) PSAR below price for 3 TF= trend up
3) Purple and White below prices= up trend
4) Smooth below prices= up trend
5) According to last Sar swing down at 130,796, next move should be upper than 132,276
6) BB Upper band has been touch (don't know what to expect next...)
H2
1) Romar below EMA= trend up
2) Purple and White below prices= up trend
3) PSAR below price
4) Smooth below prices= up trend
5) According to last Sar swing down at 130,796, next move should be upper than 132,276
6) BB (don't know what to expect next...)
H1
1) Romar below EMA= trend up Resulting a consolidation but H1-H2 agreed for a possible buy
2) PSAR below price
3) Actually Purple is crossing White
Then according to ''Trading in the moment''
Look H2
1) Romar below EMA= trend up
2) Purple and White below prices= up trend
3) PSAR below price= up trend
4) Smooth below prices= up trend
5) According to last Sar swing down at 130,796, next move should be upper than 132,276
6) BB (don't know what to expect next...)
For all these reasons l think my ''buy'' of this morning was my best choice...
We will see
Mr Dove, Shinny: Are you able to validate my homeworks...Is this a correct one...If yes l am on the path to understand the beast
Hi Shinny Got back to homework...now things are clearer, l think Let's do it again EJ Daily 1) Romar above EMA= trend down 2) PSAR below price for 3 TF= trend up 3) Purple and White below prices= up trend 4) Smooth below prices= up trend 5) According to last Sar swing down at 130,796, next move should be upper than 132,276 6) BB Upper band has been touch (don't know what to expect next...) H2 1) Romar below EMA= trend up 2) Purple and White below prices= up trend 3) PSAR below price 4) Smooth below prices= up trend 5) According to last Sar swing...
Ignored
Hey Ben
That looks better, what do you think guys? When Dove says that the market is in consolidation 80% of the time, you can see why/what that means now too.
Keep plugging away at it, we can all support each other to succeed!
Nobody can be told what The Matrix is. You'll have to see it yourself.
This is where I am not clear about SAR. I thought since we are in consolidation, we could trade off of the extremes of support and resistance before confirmation from 4 horsemen. Do you guys understand differently?
That's just it -- there is no repainting in consolidation.
Ignored
So time to go short?, but would be a trade against 2Hr trend...... but enough room for 20 pips to 2Hr EMA or maybe later 1 Hr ROMAR.
Now also DB on 1Hr.
Lesson from Dove last night: {quote} {quote} So time to go short?, but would be a trade against 2Hr trend...... but enough room for 20 pips to 2Hr EMA or maybe later 1 Hr ROMAR. Now also DB on 1Hr.
Ignored
That's what I'm saying. The next bar can still go above the SAR.
