Trading plan 07/10/2018
Economic news : No red news.
Daily
ROMAR - support
EMA - resistance
Parabolic - resistance
Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment - bottom at 130.592
Fibonacci - red
Notes: Blue attached last DB at the bottom. Market opened at purple resistance at 131.100. 4hm is down romar is a support at 130.150.
H4
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Notes : 4horsemen is down. Parabolic is resitance at 131.250 and romar is resistance at 131.450. Market opened over ema at 131.100
H2
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - down
Last DB Attachment - down at 130.592
Fibonacci - green
Notes: 4horsemen is down. Market hit BB downer band and both divergence attached DB at 130.592. Ema and parabolic is holding trend down. Romar and BB upper band is resistance at 131.400.
H1
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - down
Notes: 4horsemen is down. Romar is a resistance at 131.200 BB upper band is a resistance at 131.350.
FİNAL NOTES: We are in strong downtrend on h1&h2 and h4 but we are in consolidation on d1 because of romar. On d1 chart, market is very close to resistances. On h2 and h4 chart, market hit BB downer band and DB attached at the bottom at 130.592. Therefore next DB/SAR attachment will be at top. So i will wait for next attachment at resistance on h2 chart to be short.
Entry: looking for short from resistance.
Economic news : No red news.
Daily
ROMAR - support
EMA - resistance
Parabolic - resistance
Checklist:
Last MACD 0 Crossing - down
Last EMA Alert Arrow - down
Last DB Attachment - bottom at 130.592
Fibonacci - red
Notes: Blue attached last DB at the bottom. Market opened at purple resistance at 131.100. 4hm is down romar is a support at 130.150.
H4
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Notes : 4horsemen is down. Parabolic is resitance at 131.250 and romar is resistance at 131.450. Market opened over ema at 131.100
H2
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - down
Last DB Attachment - down at 130.592
Fibonacci - green
Notes: 4horsemen is down. Market hit BB downer band and both divergence attached DB at 130.592. Ema and parabolic is holding trend down. Romar and BB upper band is resistance at 131.400.
H1
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Checklist:
Last MACD 0 Crossing - up
Last EMA Alert Arrow - down
Notes: 4horsemen is down. Romar is a resistance at 131.200 BB upper band is a resistance at 131.350.
FİNAL NOTES: We are in strong downtrend on h1&h2 and h4 but we are in consolidation on d1 because of romar. On d1 chart, market is very close to resistances. On h2 and h4 chart, market hit BB downer band and DB attached at the bottom at 130.592. Therefore next DB/SAR attachment will be at top. So i will wait for next attachment at resistance on h2 chart to be short.
Entry: looking for short from resistance.