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  • #3,501
  • Mar 1, 2016 7:53am Mar 1, 2016 7:53am
Quoting mav3n
{quote} Could you post picture? I still did not understand what is meant by "opposite sides" Thanks
I'm pretty sure this is what it means. Arrows pointing to PSAR and SAr on opposite sides of Purple...
Attached Image
~ Tim
  • #3,502
  • Mar 1, 2016 7:59am Mar 1, 2016 7:59am
In this shot, they're on the same side and signaling an entry back into the downtrend.
Attached Image
~ Tim
  • #3,503
  • Mar 1, 2016 8:03am Mar 1, 2016 8:03am
Quoting Repoman
In this shot, they're on the same side and signaling an entry back into the downtrend. {image}
I will keep them in mind, thanks Repoman!
  • #3,504
  • Mar 1, 2016 8:05am Mar 1, 2016 8:05am
Market right now is in a tight consolidation and we just have to wait for the break out.
My bias is upward because H2 PURPLE is above SMOOTH. If it continues like that (PURPLE above SMOOTH) then
there will be a breakout upward but only time will tell that.
  • #3,505
  • Mar 1, 2016 8:10am Mar 1, 2016 8:10am
I see EMA crosses Purple by the start of this 2 H but it will be confirmed when this 2 hours passes. should the confirmation be waited or will it be a missed opportunity if waited. Don't have enough experience to know that. Bu i am now looking for a buy opportunity since we have a Daily fibo flip, 2H parabolic flip and purple cross ema near confirmation.
There are no weapons that will form against my financial prosperity.
  • #3,506
  • Mar 1, 2016 8:15am Mar 1, 2016 8:15am
I am confused regarding the conditions of consolidations and the trend:

To identify consolidations:
Either (1) We need to have ROMAR and EMA that are not in sync in either charts OR (2) When white cross purple in either charts. Am I right?

Then the trend will only change when EMA cross ROMAR? If white, smooth and EMA cross purple, the trend will be intact till EMA cross ROMAR?
Thanks.
  • #3,507
  • Mar 1, 2016 8:15am Mar 1, 2016 8:15am
Quoting dmitrl
Hello Friend, I still try to learn but what I see that we are in consolidation. So then our trend chart is 2H and 1 is for the ref. we have trend up on 2h as I see, and the same on 1h. but on h1 white has crossed purple, but still dint crossed the smooth. I would decide to open long position here. What do you think ? {image} {image}
Please don`t.

Look at your support and resistance levels - all charts.
  • #3,508
  • Mar 1, 2016 8:20am Mar 1, 2016 8:20am
Quoting bigijs
Market right now is in a tight consolidation and we just have to wait for the break out. My bias is upward because H2 PURPLE is above SMOOTH. If it continues like that (PURPLE above SMOOTH) then there will be a breakout upward but only time will tell that.
Totally agree. Also, H2 is struggling at the 38.2 Fib and the H1 is close to Romar resistance. The main trend is down as well with a Daily hit at Purple/White Resistance. I know that's not in the moment but worthy of consideration I believe. Major news at 10am EST could move it one way or another.
~ Tim
  • #3,509
  • Mar 1, 2016 8:31am Mar 1, 2016 8:31am
out with 3 pips
  • #3,510
  • Mar 1, 2016 8:33am Mar 1, 2016 8:33am
Quoting snfx
out with 3 pips
LOL...well that's better than a loss my friend!
~ Tim
  • #3,511
  • Mar 1, 2016 9:01am Mar 1, 2016 9:01am
I opened long @ 122.89 with SL 40 and TP 20
  • #3,512
  • Mar 1, 2016 9:03am Mar 1, 2016 9:03am
Your H1 SAR flipped so it is on the same side as PSAR so trade is up to join DB.
  • #3,513
  • Mar 1, 2016 9:10am Mar 1, 2016 9:10am
Quoting rcbarlow
Your H1 SAR flipped so it is on the same side as PSAR so trade is up to join DB.
We have removed SAR from the H1.
  • #3,514
  • Mar 1, 2016 9:11am Mar 1, 2016 9:11am
I got my +20 pips.
So, today is 20+20=40

I'm done for today
  • #3,515
  • Mar 1, 2016 9:17am Mar 1, 2016 9:17am
Quoting rcbarlow
Your H1 SAR flipped so it is on the same side as PSAR so trade is up to join DB.
RC - what are you doing - know wonder you are having problems. We have been through this several times with the DB/SAR on the 1 hour. If you want to keep them on the 1 hour then that is your business. But for the group they are deleted off the 1 hour.
The Dove - Forex Trainer
  • #3,516
  • Mar 1, 2016 9:18am Mar 1, 2016 9:18am
Quoting bigijs
I got my +20 pips. So, today is 20+20=40 I'm done for today
Congrats and well done. Unfortunately I do not understand your entry of your second trade.

Be so kind and explain.

Thank you in advance.
  • #3,517
  • Mar 1, 2016 9:20am Mar 1, 2016 9:20am
Quoting dove_alliance
{quote} RC - what are you doing - know wonder you are having problems. We have been through this several times with the DB/SAR on the 1 hour. If you want to keep them on the 1 hour then that is your business. But for the group they are deleted off the 1 hour.
Sorry
  • #3,518
  • Mar 1, 2016 9:23am Mar 1, 2016 9:23am
Quoting bigijs
I got my +20 pips. So, today is 20+20=40 I'm done for today
I think you are lucky in second trade, you trade at new release
  • #3,519
  • Mar 1, 2016 9:32am Mar 1, 2016 9:32am
Quoting Voelhok
{quote} Congrats and well done. Unfortunately I do not understand your entry of your second trade. Be so kind and explain. Thank you in advance.
I opened long @ 122.89 with SL 40 and TP 20
Reason:
1) H2 PURPLE crossed EMA
2) H2 PURPLE above SMOOTH
3) Market H2 hit EMA
4) Market H1 hit EMA
5) H1 PURPLE above SMOOTH

But the main reason was H2 chart with established trend with PSAR up.
  • #3,520
  • Mar 1, 2016 9:38am Mar 1, 2016 9:38am
40 pips in the bank
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