Trading plan 21/12/2018
Economic news : Core Durable Goods Orders m/m, Final GDP q/q
Daily
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Last DB Attachment – down at 127,2
Fibonacci – green. Riders are pointing down
H4
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Last DB Attachment –down at 127.2
Fibonacci – green.
H2
ROMAR – resistance
EMA – resistance
Parabolic- resistance
Checklist:
Last DB and SAR Attachment – down at 127.2
Fibonacci – green. H1 ROMAR - resistance
EMA - - support
Parabolic- support
Fibo –green. Consolidation. Rules for determining consolidation: 1: If one of the trading charts are not in sync with one another you are in consolidation. 2: If the Daily ROMAR/EMA are not sync with 1 and 2 hour charts you are in consolidation.
Rules for consolidation: a: The 2 hour is your trading/trend chart. b: Use the Daily Chart S/R as reference for consolidation. c: You can trade either short or long in consolidation. d: Trade from resistance to support and vice-versa. Do not trade from center in consolidation. e: Both upper and lower bands are resistance and support in consolidation.
Economic news : Core Durable Goods Orders m/m, Final GDP q/q
Daily
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Last DB Attachment – down at 127,2
Fibonacci – green. Riders are pointing down
H4
ROMAR - resistance
EMA - resistance
Parabolic - resistance
Last DB Attachment –down at 127.2
Fibonacci – green.
H2
ROMAR – resistance
EMA – resistance
Parabolic- resistance
Checklist:
Last DB and SAR Attachment – down at 127.2
Fibonacci – green. H1 ROMAR - resistance
EMA - - support
Parabolic- support
Fibo –green. Consolidation. Rules for determining consolidation: 1: If one of the trading charts are not in sync with one another you are in consolidation. 2: If the Daily ROMAR/EMA are not sync with 1 and 2 hour charts you are in consolidation.
Rules for consolidation: a: The 2 hour is your trading/trend chart. b: Use the Daily Chart S/R as reference for consolidation. c: You can trade either short or long in consolidation. d: Trade from resistance to support and vice-versa. Do not trade from center in consolidation. e: Both upper and lower bands are resistance and support in consolidation.
Either I will find a way, or I will make one...