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  • #3,861
  • Mar 3, 2016 5:23am Mar 3, 2016 5:23am
Quoting fjtully
Hi, I would like to kow if I am on the wright track with my view on this. I am looking at the USD/JPY 1 hr, purple has crossed white, EMA and ROMAR are support, market is in consolidation. The purple crossing the white eliminates the Parabolics as resistance, if the next candle opens below the EMA is this a possible trade? Or should I wait for the 2 hr parabolics to flip? I hope this is making some sence. {image}
Hi fjtully,
Execute me, May I ask you to change your pair to EJ? we are all discuss only EJ
Keith
  • #3,862
  • Mar 3, 2016 5:37am Mar 3, 2016 5:37am
I bought @ 123.97 with SL 40 and TP 20
I know that actual entry should have been at the open of this 2H candle which is @ 123.83
So I missed that and opened later and put TP 20.

Reason for opening:
1) H2 PURPLE crossed ROMAR and all 4 horsemen are up which shows that there are strong up movement.

I know that wasn't by my daily plan.
  • #3,863
  • Edited 6:08am Mar 3, 2016 5:48am | Edited 6:08am
Quoting bigijs
I bought @ 123.97 with SL 40 and TP 20 I know that actual entry should have been at the open of this 2H candle which is @ 123.83 So I missed that and opened later and put TP 20. Reason for opening: 1) H2 PURPLE crossed ROMAR and all 4 horsemen are up which shows that there are strong up movement. I know that wasn't by my daily plan.
My entry was at the open of the candle with the blue arrow.

ROMAR is acting as resistance, EMA as support, everything set up to trend, SAR attach and the market pulled back to test support (which it did with Purple) and closing on ROMAR.

(Sorry for confusion!!!)
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-03-03_1316.png Size: 30 KB
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #3,864
  • Mar 3, 2016 5:54am Mar 3, 2016 5:54am
Quoting shinny
{quote} My entry was at the open of the candle with the blue arrow. ROMAR is acting as support, everything set up to trend, SAR attach and the market pulled back to test support (which it did with ROMAR and Purple). {image}
You nailed it right at the spot!
Congrats!
I missed that entry but I'll try to do it the right way next time.
  • #3,865
  • Mar 3, 2016 5:57am Mar 3, 2016 5:57am
Quoting shinny
{quote} My entry was at the open of the candle with the blue arrow. ROMAR is acting as support, everything set up to trend, SAR attach and the market pulled back to test support (which it did with ROMAR and Purple). {image}
Hi Shinny, isn't ROMAR still resistance? because EMA haven't cross it. I need your opinion, thanks!
  • #3,866
  • Mar 3, 2016 6:00am Mar 3, 2016 6:00am
Quoting shinny
{quote} My entry was at the open of the candle with the blue arrow. ROMAR is acting as support, everything set up to trend, SAR attach and the market pulled back to test support (which it did with ROMAR and Purple). {image}
Hi Shinny,

May you accept my opinion? ROMAR is still Resistance because EMA hasn't cross yet, EMA may slider or cross after several hours from now,

BUT this moment EMA is now support & ROMAR is now still resistance with the distance is very tight, what do you think how far it will go up for bough?

Sorry if my opinion disturb you
Keith
Keith
  • #3,867
  • Mar 3, 2016 6:02am Mar 3, 2016 6:02am
Sorry for confusion guys, yes I meant resistance. I will edit the post!!!
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #3,868
  • Mar 3, 2016 6:05am Mar 3, 2016 6:05am
Guys can you please explain what Dove means with this one:
ROMAR crossing Purple is for taking trades and not entries.
  • #3,869
  • Mar 3, 2016 6:06am Mar 3, 2016 6:06am
Quoting DotDom
{quote} Sorry, I should have made it clearer in my post. I was just referring to trend direction in this particular chart, not details regarding entries. I understand there are many other factors to consider before placing the trade. Just wanted to confirm that I understood which direction to be looking for trades in. Hope that makes sense! Dom
Hi, but you can not reduce it to only one up or down. Which up / down do you mean ? That from Romar or EMA. I think it is more complex becouse you have more combinations, ex. H2 can have up from Romar and down from EMA. So I think you can not express it in this simple matrix. (but it's my opinion).
  • #3,870
  • Mar 3, 2016 6:07am Mar 3, 2016 6:07am
Quoting shinny
Sorry for confusion guys, yes I meant resistance. I will edit the post!!!
Thanks for confirming! Actually i did the same position as you, because i see that the market at 5.00 EST open above ROMAR (which i perceived as the market has 'overcome' the resistance), at that time market also touch purple as support, so i go long. After 15+ pips, I move the SL to B/E and get hit. My question to all, do I take it according to the rule? or against it? thanks
  • #3,871
  • Mar 3, 2016 6:08am Mar 3, 2016 6:08am
I am confused actualy I took shoort.
  • #3,872
  • Mar 3, 2016 6:08am Mar 3, 2016 6:08am
Quoting bonkjovi
{quote} Hi Shinny, May you accept my opinion? ROMAR is still Resistance because EMA hasn't cross yet, EMA may slider or cross after several hours from now, BUT this moment EMA is now support & ROMAR is now still resistance with the distance is very tight, what do you think how far it will go up for bough? Sorry if my opinion disturb you Keith
Don't know how far, but stop at B/E after going +24.
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #3,873
  • Edited 6:21am Mar 3, 2016 6:10am | Edited 6:21am
Quoting shinny
{quote} Don't know how far, but stop at B/E after going +24.
So we get the same result! thanks for sharing

Note : actually at 5.00 EST, H1 Opening is below white, so white cross purple a bit, going down.
The condition now at 7.00 EST is more ideal, the H1 opening is above white, which mean White cross purple once again, this time for going up. The H2 also still
have the same quality with the previous opening at 5.00 EST, which are 1. open above romar 2. It touch purple as support. If the market took off, it will going to Bollinger Band of H1 as target.
What do you guys see?
  • #3,874
  • Mar 3, 2016 6:11am Mar 3, 2016 6:11am
Quoting mav3n
{quote} So we get the same result! thanks for sharing
My B/E stop is around 84, so we will see.....
Nobody can be told what The Matrix is. You'll have to see it yourself.
  • #3,875
  • Mar 3, 2016 6:17am Mar 3, 2016 6:17am
Quoting mitao
{quote} Hi, but you can not reduce it to only one up or down. Which up / down do you mean ? That from Romar or EMA. I think it is more complex becouse you have more combinations, ex. H2 can have up from Romar and down from EMA. So I think you can not express it in this simple matrix. (but it's my opinion).
I think I'm getting confused because it appears that in the early posts it was recommended to not trade against H2 ROMAR during consolidation:

Quoting dove_alliance
If the 2 hour is in consolidation then trade the 2 hour off support and resistance for your entries. But I recommend you trade the ROMAR trend in consolidation or else, you may get caught in a wrong trade with a breakout.
But then later it appears that we can?

Quoting dove_alliance
OK traders - let's begin with ROMAR: As I have stated when ROMAR is in sync with all three charts the trend is down and I do not recommend counter-trades. But - if one or more of the ROMAR is out of sync you are in consolidation and you can trade BOTH ways. All you have to remember is ROMAR is both support and resistance and you have the 40 pips before hitting ROMAR in the counter-trade. I hope this clears up the confusion.
So would I be right in assuming that you CAN trade opposite to ROMAR as long as your profit target is before a major resistance/support?
  • #3,876
  • Mar 3, 2016 6:19am Mar 3, 2016 6:19am
Now H2 is consolidated above ROMAR over 7 hrs

By the time, USD high impact news is coming soon.
Keith
  • #3,877
  • Mar 3, 2016 6:25am Mar 3, 2016 6:25am
Market hit my TP
So, I got +20
  • #3,878
  • Mar 3, 2016 6:27am Mar 3, 2016 6:27am
7.25 EST
H2 SAR has been merged with DB! DB appear!! And when market going above 124.34, will we get another green divergence?
  • #3,879
  • Mar 3, 2016 6:34am Mar 3, 2016 6:34am
My entry was after EMA (support) was hit. H2 Romar Trend was down, but EMA trend was up. H1 Romar and EMA up. So I took long entry. A moment of fear was when White crossed Purple (Dona: when white cross Purple, you close your trade), but it goes up and hit my TP of 40 pip.
Attached Image
  • #3,880
  • Mar 3, 2016 6:35am Mar 3, 2016 6:35am
Quoting mav3n
7.25 EST H2 SAR has been merged with DB! DB appear!! And when market going above 124.34, will we get another green divergence?
I thinking we probably will. Daily is very close to EMA too
~ Tim
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