Disliked{quote} I don't understand why EMA is support here. It's above purple, smooth, white and no candle opened above it or when through it.Ignored
DislikedToday my initial plan was created around 23:20 CET = 17:15 EST And because of my location I updated my plan around 07:00 CET = 01:00 EST Romar on Daily in downtrend, Romar on H2 in uptrend Romar on H1 in uptrend So market is in consolidation. DAILY CHART - DATE: ROMAR: Resistance EMA: Support Parabolic: Support NOTES: 4 Horsemen in a uptrend. EMA crossed purple so acting as Support Romar still above EMA so ROMAR is still resistance. EMA just crossed SMOOTH. Market touched Upper BB Update @ 0700 CET none 2 HOUR CHART: Opening: 131.691 ROMAR: Support...Ignored
DislikedThe only one pattern you really need is risk management. Be very careful using this system. It maybe the only pattern that causes you to blow your account up. Hyndsight trading looks great, however the reality of real trading is much different. Generally trading with bollinger bands after a compression whatever way the band and price moves from the first candle out of compression that will be the direction as long as its larger candle than the other candles. In all this method is historical, and has been promoted by 1000's of educators, most who...Ignored