Forex Zone | Forex Forum

Rincoff Trading Jurnal

Discussion started on Trading Journal

  • Rincoff Trading Jurnal in Trading Journal_index
  • Posts: 16
  • Points: 512
  • Likes Received: 0
  • Reputation: +0/-0
Rincoff Trading Jurnal in Trading Journal_clip
At this time our daily frame we see the price continues to rise, and currently the formation of Candle Engulfing Buy so as a price sign will try to rise again. And even in terms of BBMA technique at this time there has also been the formation of a CSAK BUY setup, namely the Candle in the direction of Kukuh who managed to penetrate and break on the mid bb line as well as the MA5 / 10. And every existence of CSAK then there will be Reentry, so the price of the correction drops first to enter the new Reentry area then rise, and the Reentry area is in the MA5 / 10 Low area. Then we can take a buy position in the Reentry area. Next on time H4 is there a setup that supports this time daily
====================
And at this time our time we see almost the same in Time Daily, which is the formation of a candle engineering buy, so as a price sign will continue to rise. And also there we see the formation of CSM BUY, namely Candle Momentum BUY. So the price will try to move up again according to the direction of the Momentum's candle. And every existence of CSM then there will be reentry, so the price will go down also to enter the Reentry Buy area in the mid BB H4 area or can also be in the Low H4 MA5 / 10 area. If we look in terms of the form of Bollinger Band has begun to open up, so this is a new trend that will occur for a week in the future. And then let's look at the H1 time frame time
====================
And if in this H1 time frame we see quite unique because two setups appear simultaneously, namely extrem sell and also CSM Buy, two signals indicating the opposite direction, so we have to wait for the next setup to validate it. And there candle momentum happens many times, which indicates so strong buy strength this time. So that we can conclude that at this time from the movement of Daily and H4 who will experience a correction to make Reentry Buy, then we can enter to buy in the Reentry Buy area.

====================
And if in this H1 time frame we see quite unique because two setups appear simultaneously, namely extrem sell and also CSM Buy, two signals indicating the opposite direction, so we have to wait for the next setup to validate it. And there candle momentum happens many times, which indicates so strong buy strength this time. So that we can conclude that at this time from the movement of Daily and H4 who will experience a correction to make Reentry Buy, then we can enter to buy in the Reentry Buy area.





Linkback: https://www.forex.zone/trading-journal/31/rincoff-trading-jurnal/3526/
#1 - August 30, 2021, 12:17:26 AM
Attachments:
« Last Edit: August 30, 2021, 12:21:41 AM by Rincoff »

  • Rincoff Trading Jurnal in Trading Journal_index
  • Posts: 16
  • Points: 512
  • Likes Received: 0
  • Reputation: +0/-0
Rincoff Trading Jurnal in Trading Journal_clip
At Time Frame Daily is still advanced analysis the previous day, which prices try to rise to form a CSAK BUY. But until now the price cannot also form a CSAK Buy, in other words we have to wait for the appearance of Csak Buy, for price validation, it will really rise in this time Daily. And we see there is a resistance from the sellers, so the creation of a bearish candle but it is very small because it is still stuck, so there is an indication that today the new price will move up again. And if we look at the Billinger Band form still looks opening no indication narrows or flat, so we have to be vigilant if there is a sudden movement. Then at time H4 is there a setup that supports this time daily
====================================================

And on this time H4 we see prices trying to go down, but the joke on the mid bb line that intersects with the MA50, so the price immediately mantul up. Bakan prices also did not succeed in penetrating the Low MA5 / 10 line too, so this was also a sign that the price was not strong enough to go down, then there was a large indication of prices would move up again. Plus at this time in H4 there is a CSM BUY setup, so as a sign also the price will try to rise according to the direction of the candle momentum. And if we look at the Bollinger band form it is still tilted leaning up, which indicates the trend trip on H4 is bullish. And then let's look at the H1 time frame time

====================================================

And if we see this H1 frame we see an extrem buy setup that is followed by CSAK BUY. So the price will try to rise because there are already two setups appearing. But every existence of CSAK, there will be Reentry so the price will try the correction down first to enter the area of Reentry Buy (as it is currently happening). So that now is the right time we take a buy position, and by placing TP in the nearest resistant level area, or it can also be in the Top Bb H4 area.

#2 - August 31, 2021, 02:12:40 AM
Attachments:

  • Rincoff Trading Jurnal in Trading Journal_index
  • Posts: 16
  • Points: 512
  • Likes Received: 0
  • Reputation: +0/-0
Rincoff Trading Jurnal in Trading Journal_clip
At this time the Daily Frame finally the price has reached Mid BB, but the price does not succeed in penetrate, aka reject at Mid BB Daily. So there is a possibility that prices will try to fall again because of the reject, then currently there is mutual push between sellers and buyers to push the trend. And now there is no setup from BBMA on this Daily, so it is still difficult to determine the exact direction of price movements. But if we see the shape of the Billinger Band has begun to look flat but in the range it is very large, so it is still very vulnerable. Then at time H4 is there a setup that supports this time daily
====================================================

And at this time we see the price is not strong up, so the price is close below the top bb. So thus can be called the MHV Market setup lost volume, in other words one of the price signs will turn around, but must be followed by the next setup, namely CSAK SELL. And we see there the appearance of CSA is not a CSAK, so it's still not valid it will go down but it can also go down to pierce midb. So we have to wait for the setup what appears later to determine our transaction today. And then let's look at the H1 time frame time

====================================================

And if we see this Time Frame, the trend has started walking down. There is an extrem sell setup, which is followed by CSAK SELL. So the price immediately descends as it happens, and each CSAK sell then the price will be a correction to find the Reentry Sell area (like what happens now). And we can see the price has also managed to penetrate the MA50 line as a trend reference, so there is a large indication of prices it will run down. So the conclusion we have to wait for the price of correction towards the Reentry Sell area, we just decided to take a sell transaction.

#3 - September 01, 2021, 12:31:53 AM
Attachments:

  • Rincoff Trading Jurnal in Trading Journal_index
  • Posts: 16
  • Points: 512
  • Likes Received: 0
  • Reputation: +0/-0
Rincoff Trading Jurnal in Trading Journal_clip
In this daily time frame, we see that the price is still struggling to penetrate the mid BB, but has not yet succeeded in breaking it. Even if it is able to penetrate directly, it will be replied in the opposite direction, which makes the price reject at this mid BB daily. So that this situation is still confusing where the market is going at this daily time. What we can clearly see here is the shape of the Bollinger band, which was originally wide open but has now started to narrow or narrow. So that indicates the narrower the movement range of this daily market. Next on H4 time is there a setup that supports this daily time
====================================================
And at this H4 time we see a CSAK buy candle setup with a strong buy direction. Which is a price marker setup will try to move up with the nearest goal TOP BB H4 and the farthest goal is the closest resistance. And every time there is a CSAK setup, there will be a reentry, so the price will try a downward correction first to enter the reentry area and only then rise according to its purpose. And now the price has started to correct so now is the right time for us to take long positions. And if we look at the shape of the Bollinger band, it is currently very flat, which indicates that there will be a big movement later in the formation of the next trend. And then let's look at the H1 time frame
====================================================

And if on the H1 time frame, we also see the emergence of a buy momentum CSM buy candle setup. So this is also a sign that the price will move in accordance with the direction of the momentum candle. But the difference here is that it is also followed by an extreme sell setup, which is a sign to go down. So it's also confusing because the two setups appear together but in different directions. So we must wait for the next setup to be able to determine the direction and open our positions today. However, if this correction is a complement to the time above it is the reentry period of H4.
#4 - September 02, 2021, 12:11:09 AM
Attachments:

Members:

0 Members and 1 Guest are viewing this topic.


* Share Topic

Share via delicious Share via digg Share via facebook Share via linkedin Share via pinterest Share via reddit Share via stumble Share via tumblr Share via twitter

* Similar Topics

xx
Karpet25 Trading Jurnal

Started by karpet25 on Trading Journal

3 Replies
35 Views
Last post August 22, 2021, 07:37:49 AM
by Merdeka
xx
Kirinkato's Trading Jurnal

Started by Kirinkato on Trading Journal

68 Replies
1114 Views
Last post April 14, 2019, 05:07:18 AM
by Realfx
xx
Szeptiawan's jurnal trading

Started by szeptiawan on Trading Journal

57 Replies
723 Views
Last post February 13, 2019, 11:07:00 AM
by zank
xx
Dwi Furqon Jurnal Trading

Started by dwi furqon on Trading Journal

102 Replies
2699 Views
Last post April 04, 2019, 06:00:25 AM
by Cintafx