The Dove - Forex Trainer
- #5,681
- Mar 17, 2016 12:47pm Mar 17, 2016 12:47pm
- Joined Jun 2007 | Status: Trading Live For The Last 14 Years. | 5,761 Posts
The Dove - Forex Trainer
- #5,682
- Mar 17, 2016 1:16pm Mar 17, 2016 1:16pm
- | Joined Feb 2008 | Status: Suffering from Casandra syndrome | 1,384 Posts
Hi Everyone,
I want to say thank you to Dove_Alliance for starting this thread. Its taking me some time to catch up to all of you, and there is still some things that I need to re-read so that I don't start asking the same questions that have already been answered
Hopefully if/when I do post again, it will be a daily plan
Best,
Almo
I want to say thank you to Dove_Alliance for starting this thread. Its taking me some time to catch up to all of you, and there is still some things that I need to re-read so that I don't start asking the same questions that have already been answered
Hopefully if/when I do post again, it will be a daily plan
Best,
Almo
After a number of stupid mistakes decided to reread the thread again... back to the beginning. I hope the fact of me being behind isn't too late for me 
I highly believe in the system, got to break from my stereotypes. Having served in the military I regard the Trading Plan like the Intelligence Preparation for the Battlespace that tells me which rule of engagement applies to the situation. My mission - 40 pips
A rule of engagement: trade the 2 hour, check if the 4 horseman are in accordance because otherwise it is the beginning of consolidation or retrace
Please confirm me this:
EMA above Purple = EMA is Resistance and the Swing is down
EMA below Purple = EMA is Support and the Swing is up
The 4 horseman are the precursors for the Swing, right? Because when Smooth crosses Purple most likely EMA will follow
Thanks in advance
I highly believe in the system, got to break from my stereotypes. Having served in the military I regard the Trading Plan like the Intelligence Preparation for the Battlespace
that tells me which rule of engagement applies to the situation. My mission - 40 pipsA rule of engagement: trade the 2 hour, check if the 4 horseman are in accordance because otherwise it is the beginning of consolidation or retrace
Please confirm me this:
EMA above Purple = EMA is Resistance and the Swing is down
EMA below Purple = EMA is Support and the Swing is up
The 4 horseman are the precursors for the Swing, right? Because when Smooth crosses Purple most likely EMA will follow
Thanks in advance
- #5,684
- Mar 17, 2016 1:24pm Mar 17, 2016 1:24pm
Hi Everyone, I want to say thank you to Dove_Alliance for starting this thread. Its taking me some time to catch up to all of you, and there is still some things that I need to re-read so that I don't start asking the same questions that have already been answered
Nobody can be told what The Matrix is. You'll have to see it yourself.
After a number of stupid mistakes decided to reread the thread again... back to the beginning. I hope the fact of me being behind isn't too late for me
- #5,687
- Mar 17, 2016 2:33pm Mar 17, 2016 2:33pm
- Joined Jun 2007 | Status: Trading Live For The Last 14 Years. | 5,761 Posts
The Dove - Forex Trainer
- #5,689
- Mar 17, 2016 2:53pm Mar 17, 2016 2:53pm
- Joined Jun 2007 | Status: Trading Live For The Last 14 Years. | 5,761 Posts
The Dove - Forex Trainer
- #5,694
- Mar 17, 2016 5:14pm Mar 17, 2016 5:14pm
Date: Friday 18 March 2016
Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Support
Check List:
Last MACD 0 crossing - The crossing is up.
Last EMA Alert Arrow - Lime Green up.
Last DB Attachment - Both DB/SAR attached on top at 127.277 for continuance of the uptrend.
Fibo up or down - Fibo is up from the bottom.
Notes: The 4 horsemen is in Consolidation. White crossed Purple.
2 HR:
OPEN PRICE - 126.06
ROMAR - Support
EMA - Support
PSAR - Support flipped on this candle
Check List:
Last MACD 0 crossing - The crossing is up. (But disappeared.)
Last EMA Alert Arrow - Lime Green up before the MACD crossing up at 61.8 fibo.
Last DB Attachment – (Both DB/SAR attached on top at 126.487 for continuance of the uptrend. As per charts on thread but not mine) DB/SAR attached at 125.316 thisle box.
Fibo up or down - Fibo is up from bottom.
Notes: The 4 horsemen are up.
1 HR:
ROMAR - Support
EMA - Support
PSAR – Support
Check List:
Last MACD 0 crossing - The crossing is up at just above 50 Fibo.
Last EMA Alert Arrow - Lime Green up before the MACD crossing.
Last DB Attachment – not on chart
Fibo up or down - Fibo is up from bottom.
Notes: The 4 horsemen are shallow with the uptrend although white in slider with purple.
)
Final Notes for all three charts: With daily in consolidation and 2h and 1h pointing towards uptrend. Swing is always possible.
The 2h trend chart seems static the past few candles. Past 3 candles found support and resistance.
Entry:
Consolidation:
Long: Currently 2h is set up for long; Would like 1h to close above purple and white sliding under purple. (Did not open right now due to 1h and 2h not in sync)
Short:
Notes for readjustments:
Since it is my bed time now (Past midnight
) I will re look at my notes in the morning.
Daily:
ROMAR - Resistance
EMA - Resistance
PSAR - Support
Check List:
Last MACD 0 crossing - The crossing is up.
Last EMA Alert Arrow - Lime Green up.
Last DB Attachment - Both DB/SAR attached on top at 127.277 for continuance of the uptrend.
Fibo up or down - Fibo is up from the bottom.
Notes: The 4 horsemen is in Consolidation. White crossed Purple.
2 HR:
OPEN PRICE - 126.06
ROMAR - Support
EMA - Support
PSAR - Support flipped on this candle
Check List:
Last MACD 0 crossing - The crossing is up. (But disappeared.)
Last EMA Alert Arrow - Lime Green up before the MACD crossing up at 61.8 fibo.
Last DB Attachment – (Both DB/SAR attached on top at 126.487 for continuance of the uptrend. As per charts on thread but not mine) DB/SAR attached at 125.316 thisle box.
Fibo up or down - Fibo is up from bottom.
Notes: The 4 horsemen are up.
1 HR:
ROMAR - Support
EMA - Support
PSAR – Support
Check List:
Last MACD 0 crossing - The crossing is up at just above 50 Fibo.
Last EMA Alert Arrow - Lime Green up before the MACD crossing.
Last DB Attachment – not on chart
Fibo up or down - Fibo is up from bottom.
Notes: The 4 horsemen are shallow with the uptrend although white in slider with purple.
)
Final Notes for all three charts: With daily in consolidation and 2h and 1h pointing towards uptrend. Swing is always possible.
The 2h trend chart seems static the past few candles. Past 3 candles found support and resistance.
Entry:
Consolidation:
Long: Currently 2h is set up for long; Would like 1h to close above purple and white sliding under purple. (Did not open right now due to 1h and 2h not in sync)
Short:
Notes for readjustments:
Since it is my bed time now (Past midnight
) I will re look at my notes in the morning. 
Posting my first Daily Plan on here, any comments and suggestions are welcome Date: 3-17-16 Daily: ROMAR - Resistance EMA - Support PSAR - Support Check List: Last MACD 0 crossing - Up Last EMA Alert Arrow - Up Last DB Attachment - 127.277 Fibo up or down - Up Notes: About same distance from ROMAR and PSAR, in the middle. EMA and 38.2 Fibo are nearest supports, Smooth closest resistance 2 HR: OPEN PRICE - 125.069 ROMAR - Support EMA - Resistance PSAR - Resistance Check List: Last MACD 0 crossing - Down, but saw it Up then disappear Last EMA Alert...
However I am not sure if your charts data is ok - your open price is strange and the last DB attachment is different that mine. Also you wrote in your 2H notes: that the only resistance is PSAR but above you wrote that EMA is resistance as well.
