{quote} Yes.. But can one of the more experienced guys confirm?
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Then if we need ROMAR and EMA to confirm trend on 3 charts? This is where im confused im sure Ive read in places that you need ROMAR and EMA to confirm trend then in other places just ROMAR.
If we need ROMAR and EMA then we are not in a trend as the dialy has EMA under purple which would mean we are in consolidation and you could trade long or short
{quote} Then if we need ROMAR and EMA to confirm trend on 3 charts? This is where im confused im sure Ive read in places that you need ROMAR and EMA to confirm trend then in other places just ROMAR. If we need ROMAR and EMA then we are not in a trend as the dialy has EMA under purple which would mean we are in consolidation and you could trade long or short
The Daily ROMAR is the key when the market will turn direction. Once it crosses Purple the game is over and time to be looking at the opposite direction for long term. ROMAR is also both Support and Resistance on all three charts.
But in other places doesn't Dove say that when ROMAR crosses EMA the trend is changed?
{quote} So currently we are in consolidation. Because on d1 we have EMA under purple? I also found this on page 2 The Daily ROMAR is the key when the market will turn direction. Once it crosses Purple the game is over and time to be looking at the opposite direction for long term. ROMAR is also both Support and Resistance on all three charts. But in other places doesn't Dove say that when ROMAR crosses EMA the trend is changed?
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We are in DOWNTREND because:
ROMAR in all 3 charts is down.
When additionally EMA in all 3 charts is down then it's even stronger downtrend.
Just take a short a few hours ago, when market in H2 touched the EMA, i assume this as retracement, so enter short directly!!
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I too am looking at a short but theres a few things I'm not sure of.
1. The only support/resistance on the DAILY is the PSAR.
2. The short entry was earlier after the 3rd Sydney candle(purple/ema slider).
3. The 1 Hour 4horseman are heading up on 1 hour, also purple has crossed EMA up for a short term long trend.
So basically, can we enter short again and how exactly do we do it? Since on the 1hour purple crossed ema, that is not a slider and instead a reversal trade? I remember seeing examples where Dove said we had to wait for purple to recross ema back down for a reversal back into the trend.
Probably going to sit on my hands, the Purple/EMA slider entry was textbook for this system, right now tho I'm unsure.
Also I know we are trading E/J but since we are taking trades at the open of 2h candles I see no problem looking at a few pairs. E/U Daily and 2Hr attached, got 20 pips.
The Daily Plan is down trend . the market had a upward retrace to beyond both h1 ema ,and h2 ema and as you see in last candle in H1 it has closed under the EMA .and also under EMA in H2. then i expect that we have at least 20pips down. i hope there was not another rules that i had to respect and forgot.
{quote} Then if we need ROMAR and EMA to confirm trend on 3 charts? This is where im confused im sure Ive read in places that you need ROMAR and EMA to confirm trend then in other places just ROMAR. If we need ROMAR and EMA then we are not in a trend as the dialy has EMA under purple which would mean we are in consolidation and you could trade long or short
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The relationship of the EMA to ROMAR is the trend. EMA above ROMAR, uptrend. EMA below ROMAR, downtrend. I too was confused as I thought that purple would need to be above EMA and EMA above ROMAR to be a true uptrend on a chart and vice versa for a downtrend. Yesterday, Dove clarified by saying we are in a Downtrend currently.
Also I know we are trading E/J but since we are taking trades at the open of 2h candles I see no problem looking at a few pairs. E/U Daily and 2Hr attached, got 20 pips. {image}
The Daily Plan is down trend . the market had a upward retrace to beyond both h1 ema ,and h2 ema and as you see in last candle in H1 it has closed under the EMA .and also under EMA in H2. then i expect that we have at least 20pips down. i hope there was not another rules that i had to respect and forgot. {image} {image}
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Just one little thing - H1 is in an uptrend (WHITE, SMOOTH, EMA).
We can take short when both charts H1 and H2 is in downtrend (WHITE, SMOOTH, EMA) or at least one of them is in trend and other is turning down.
So, in this situation H1 isn't turning down yet.
Nope lol, but then again this was only the 2nd trade i've made using this system. I've tried to trade it for a few days now and honestly couldn't understand how to enter, or determine trend/consolidation. The last post by dove made alot of sense, it is the ROMAR/EMA we need to look at on each Timeframe. I think people are getting confused trying to look at the 4 horseman or purple crossing ema on the daily. Forget that, determine the trend on 1HR, 2HR, and Daily and trade the touches to the purple/white/smooth/ema/romar/psar on daily; but enter on 2HR/1Hr once we have an open that can cross the purple/white.
If the 4 horseman are UP, but the ROMAR/EMA are down on DAILY. 1HR or 2HR will have be trending up above their ROMARs. You would take Longs here at daily touches to support. When 1HR and 2HR ema crosses ROMAR down we have returned to the daily downtrend, and will take shorts at resistance.
Again, maybe i'm completely wrong but I feel like a lightbulb went off. I still feel as though some ambiguity exists on some entries but we'll iron those out through experience I guess.
[quote=arya.aryaee;8742169]The Daily Plan is down trend . the market had a upward retrace to beyond both h1 ema ,and h2 ema and as you see in last candle in H1 it has closed under the EMA .and also under EMA in H2. then i expect that we have at least 20pips down. i hope there was not another rules that i had to respect and forgot. {image} {im
sl hit
The Daily Plan is down trend . the market had a upward retrace to beyond both h1 ema ,and h2 ema and as you see in last candle in H1 it has closed under the EMA .and also under EMA in H2. then i expect that we have at least 20pips down. i hope there was not another rules that i had to respect and forgot. {image} {im sl hit
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A LOT OF RULES- A LOT OF IF - ELSE !!!! AND FINALY SL . may help me and tell me where was the fault?
