Momentum and StochRSI system

m5 short signal is generating

momentum droped below ema 20 support
stoch ema 20 is starting to act like resistance
possible m1 rejection

we will see

EDIT
stopped out and went long on double top breakout

now i can easily short because we got divergence on m5

closed longs shorted at 15730

took half profit on 15660
moved SL on BE
and goin to sleep

later

over 1000 pips in one day is fair enough

over 1000 pips in one day is fair enough

Good morning

I will stop to post entry/exit here.
This shouldnt be journal only system disscusion .
I will post only from m15 TF confirmed signals.
I showed u the way.

Please post here any question instead of emailing me. This will be better solution for all of us .Feel free to post ur chart here as well.

Thanks for understanding.

Before London session will start i will be posting my heat map based on moms + stochRSI.

Daily TF in bearzone and is approaching to border. (bearish but changing to neutral if will cross bearzone border and ema 20 resistance)

H3 is in bullzone and momentum bounce off ema 100 (bullish but not confirmed yet because mom is still below zero level)

H1 extremely bullish according to momentum (above ema 20) stoch sits on second support(bullzone border) after has been crossed ema 20.

M30 has been generating sell signal but has not been confirmed yet.(ema 20 start to act like resistance.)

M15 short signal has been generated (bounce off ema 20 resistance near bearzone border and entered bearzone convincingly also momentum is below ema 100 and making new low now= strong selling pressure)

Conclusion

Should be drop to 151-150 level to test TL then bounce off TL and make new high today/tommorow.Break of TL is unlikely but also possible so i will short below of it.
Be carefull H1 is bullish and drop could be stop on H1's ema 55 or even ema 14

thanks for forecast. It's amazing.

LONG setup confirmed on H3

buy on dips.
Short is dangerous.

Are your scalping or jast waiting?

im working all the time but wont post m1 scalp anymore.
This should be trading system thread not journal.
I will reopen my journal in couple of weeks
Thank you for patience and understanding.

m1 rejection

lets see how reliable this signal is

m5 rejection was more powerfull

another m5 rejection with rising momentum on m15
breakout soon

Well
Maybe this m1 rejection bring breakout ?

m5 momentum and stoch found support at ema 20

yep
this time it was successful entry
m5 in bull zone
m15 breakout
enjoy easy money

15950-160(m1 ema 120 to ema 204) area should be good place to add some longs.


h3 is bullish
h1 is bullish
m30 is bulish
m15 is bullish
m5 is bullish
only m1 is bearish but this only dip

any shorts will be short lived LOL

m15 on first support(stoch at ema 20 shouldnt break to dwnside due to extremely bullish h1)

but lets wait and see


LOL
while i was writing this nice dip took place
protected profit on m1 ema 204 break

i think this was only SL hunt
m5 is on bearzone border could be rejection here so adding here is good idea but i will wait for m1 signal first

but once again lets wait for valid signal and see what will happen

bounce off m15 ema 55 cause m15 rejection
FE 261.8% target confirmed by bounce off on 161.8% retest

h1's momentum is extremely bullish noone can stop bulls now noone

170 on the cards now

I have modified a TLs a little bit and guess who is back ?

My old friend white rabbit

triple rejection at bearzone border on m15
with that demand we can see 180 also this is insane .