‍☠️ Jolly Roger Analysis Jolly Roger Signals Bay

RogerTC

Special Consultant to the FPA
Messages
148
BITCOIN;

In bitcoin; monthly and weekly trends are up. We have trend push on weekly as well. Testing weekly F5 and pulling back.

@BTCUSD (Weekly) 2020_07 (4_25_11 PM).png


Looking at our daily resistance levels; Market showed a decent pullback from F5+OP agreement zone around 10500. You can see my previous orders marked on the chart. Pink arrows sell orders and blue arrows buy orders. This market is really respecting well on fibonacci levels. I almost caught all turning points both on the long and short sides with the help of fibonacci levels. The last one was sell order just below the OP resistance. I took partial profit here and one more pending sell order right below the primary F5 resistance. Take note of that I m not shorting the market; These are my take profit orders.

@BTCUSD (Daily) 2020_02_16 (4_25_22 PM).png


Looking at daily support level; We have nice confluence at 9630-9640 and more lower down at 9100. These are the zones that I will be looking the long the market. Daily trend turned down. We should be looking to fade daily sell signal against the weekly and monthly up trends at good support zones.

son btc.png
 

Ahmed El-Shazly

Private, 1st Class
Messages
46
Thanks for the detailed analysis.
My first question to you (won't be the last I am sure :) ) is you mentioned that you will be a buyer at both confluences 9630 and 9100, then where will you have your stop loss? Btw, I missed to buy at 9640 :(

My second question, is that if I am have a shorter timeframe. Do you think that fading a buy in 1-hour (yet to be confirmed) time frame against sell on the daily and 4 hour at confluence 9990-10030 is a good trade idea and where should I put my stops?

Screen Shot 2020-02-16 at 10.36.03 PM.png
 

Ahmed El-Shazly

Private, 1st Class
Messages
46
ETHUSD:

In 3D the circled bars seems to be "railroad track". If I want to trade this I will need to sell the first F3 around 257.7 and my stop loss above 270.3 (F5), which is somehow playing the other side of the daily BB buy you mentioned in the signals.

Is this a correct way to play this setup? How to play both opposite setups which almost negate each other? (Most probably if BB worked, F5 will be hit and hence my stop loss for railroad setup)

Screen Shot 2020-02-16 at 10.49.01 PM.png
 

RogerTC

Special Consultant to the FPA
Messages
148
Folks,

I have updated the second and third posts of the thread. They be will more like announcement/notifications posts so please be reminded to review them.

Thanks.
 

RogerTC

Special Consultant to the FPA
Messages
148
ETHUSD:

In 3D the circled bars seems to be "railroad track". If I want to trade this I will need to sell the first F3 around 257.7 and my stop loss above 270.3 (F5), which is somehow playing the other side of the daily BB buy you mentioned in the signals.

Is this a correct way to play this setup? How to play both opposite setups which almost negate each other? (Most probably if BB worked, F5 will be hit and hence my stop loss for railroad setup)

View attachment 50897
Hello Ahmed,

I would like to see more extended bars in eth to consider it as a thrust bar. Even if we treat them as thrust bars this would be a railroad track in the city. We dont want to see bars on the left of the chart for a perfect railroad track. RRT s in the city can still be traded but they are not so powerful. For a moment lets assume this is a perfect RRT in weekly and you have B/B in daily. When you have conflicting two powerfull signals you can just step aside and wait until market shows its way. You can wait until B/B plays out well or fail by putting a sell stop order right below price of recognition of RRT.

Hope that helps..
 

RogerTC

Special Consultant to the FPA
Messages
148
Thanks for the detailed analysis.
My first question to you (won't be the last I am sure :) ) is you mentioned that you will be a buyer at both confluences 9630 and 9100, then where will you have your stop loss? Btw, I missed to buy at 9640 :(

My second question, is that if I am have a shorter timeframe. Do you think that fading a buy in 1-hour (yet to be confirmed) time frame against sell on the daily and 4 hour at confluence 9990-10030 is a good trade idea and where should I put my stops?

View attachment 50896
Thanks for the detailed analysis.
My first question to you (won't be the last I am sure :) ) is you mentioned that you will be a buyer at both confluences 9630 and 9100, then where will you have your stop loss? Btw, I missed to buy at 9640 :(

My second question, is that if I am have a shorter timeframe. Do you think that fading a buy in 1-hour (yet to be confirmed) time frame against sell on the daily and 4 hour at confluence 9990-10030 is a good trade idea and where should I put my stops?

View attachment 50896
1-) You can place stop at 8700.. if you are conservative 7900..

2-) Yes, you can try that on 1hr as long as 4hr doesnt turn into a buy when price reach your entry level. Stop above primary F5 on 1 hr timeframe... I wouldnt prefer as the market looks strong. you can try to scalp instead of fading may be..

Regards,
 

RogerTC

Special Consultant to the FPA
Messages
148
Thrusting pairs that I will keep an eye on this week.

Thrust.PNG


Up thrust; Gold, Dollar Index, CAD/CHF

Down thrust; EUR/USD, EUR/JPY ,EUR/CHF, EUR/CAD
 
  • Like
Reactions: Joh
Top