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Daily Analysis

The document provides setup details for 4 indicators - 50 MA, 7 MA, RSI 14, and ATR 14 - across two charts. It then lists 8 strategies and rules for determining trades, including looking for double tops/bottoms, overbought/oversold signals, and specific candlestick patterns. Finally, it outlines trading sessions, forex broker comparisons, and includes sample watch lists and trade journals.

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Dolf Botha
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41 views15 pages

Daily Analysis

The document provides setup details for 4 indicators - 50 MA, 7 MA, RSI 14, and ATR 14 - across two charts. It then lists 8 strategies and rules for determining trades, including looking for double tops/bottoms, overbought/oversold signals, and specific candlestick patterns. Finally, it outlines trading sessions, forex broker comparisons, and includes sample watch lists and trade journals.

Uploaded by

Dolf Botha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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INDICATOR SETUP

INDICATOR METHOD/LEVELS APPLY TO LOCATION


1 50 MA Simple Typical Price MAIN CHART
2 7MA Simple Typical Price WINDOW 1 CHART
3 RSI 14 30, 70, 50 Typical Price WINDOW 1 CHART
4 ATR 14 NONE NONE NONE

2nd INDICATOR SETUP


INDICATOR METHOD/LEVELS APPLY TO LOCATION
1 50 MA Exponential Close MAI CHART
2 7 MA Exponential Previous indicator data WINDOW 1 CHART
3 RSI 14 30, 70, 50 Close nome
Strategies and Rules before making an entry
1 Trading only double tops and bottoms
2 Also trade over sold or over bought areas
3 Analys the Asian session on H4
4 Monitor the Vector candles
5 Check for W, V, M on Strong support/Resistance zones
6 Check if market is over sold or over bought
7 Check for crossing of the EMA & RSI on over bought and over sold.
8 Check for entry signal candle stick

Wickfills V Rejection
1 Check your Zones
2 If in a zone (resistance or support) there will be no wick filling (Reject)
3 If in no zone (resistance or support) there will be wick filling
4 Zones are multiple rejection candles in a area
WORLDS MARKETS
ASIAN SESSION (AUSTRALIA/TOKYO)
LONDON SESSSION (ENGLAND)
NEW YORK SESSION (USA)
FOREX MARKET TRADING SESSIONS
TRADING HOURS
00H00 TILL 10h00 SAST
09H00 TILL 19h00 SAST
14H30 TILL 00h00 SAST
Lunch: between 12pm/GMT and 14pm/GMT
Forex Broker Comparison Brokerage
My golden grain strategy
Rules for down and up trends

1 Check for 1st strong momentum candle crossing through the 50 MA on main chart (Daily)
2 When 7 MA is on over bought in the window 1 chart (Daily)
3 Look left and draw immediate zone/structure
4 Check if previous zone was created during a down trend (must be if trend is bearish and visa versa)
5 Move to lower TF (H4) & (H1) and repeat rule 4
rain strategy

50 MA on main chart (Daily)

t be if trend is bearish and visa versa)


Youtube watch list
1 TRAQ FX
2 DIAMANT CAPITAL
3 TRANSPARENT FX
4 Doyle exchange
5 Faiz SMC
6 Adi - The Moving Average
7 AL Trading (Trading Robots)
8 Galileo FX
9 Prosperityacademy
NEW ENTRY RULES
1 7 MA CROSS rst 50 LEVEL
2 FULL CANDLE CROSSING MA 50 AT LEASE 75% IS VALID
3 7 MA STILL ABOVE RSI 50 LEVEL > TREND IS STILL BULLISH
4 7 MA STILL BELOW RSI 50 LEVEL > TREND IS STILL BEARISH
WATCH LIST WEEK 01/01/2024
TO 05/01/2024
PAIRS CURRENT PRICE PREDICTION
REASON
Watch and Entres list (journal)
PAIRS ENTRY PRICE EXIT PRICE BUY/SELL Date of entry Date of exit
USDJPY 141.511 141.159 SELL 28/12/2023 12/28/2023

CHFJPY 168.016 156.821 SELL 28/12/2023 12/28/2023

EURJPY 157.086 167.944 SELL 28/12/2023 12/28/2023

CHFJPY 167.863 168.570 BUY 29/12/2023 12/29/2023

USDCHF 0.84231 0.83543 SELL 29/12/2023 12/29/2023

GBPUSD 1.27333 1.27074 SELL 29/12/2023 12/29/2023

XAUUSD 2069.340 2065.828 SELL 29/12/2023 12/29/2023


NZDUSD 0.62928 0.62772 SELL 02/01/2024 02/01/2024
NZDUSD 0.62980 0.62772 SELL 02/01/2024 02/01/2024
SL OR TP Reason for entry Profit and loss %
TP Price is below MA 20 & 50 Profit 4.99$ 0.25%
manually
closed CHOCH on 164.966 and retrace into VFG 1.02$ 0.17%
manually Prce is in a down trend and has broke the
closed trend line and below the MA 20 & 50 3.80$ 0.04%
Price moved above all MA's 20, 50 & 200,
TP 9.97$ 0.42%
from fvg.
manually Down trend > price moved out of fvg and
2.45$ 0.12%
closed wasbelow all MA's 20, 50, 200.
manually Price crossed the trend line and all MA's
3.70$ 0.15%
closed 20, 50, 200.
manually
Price crossed MA's 20, 50 & 200 2.79$ 0.07%
closed
manually closed Price broke the LL swing 3.12$ 0.25%
manually closed Price moved out OB and bolow MAs 50 4.16$ 0.33%

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