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Momentum and StochRSI system

  • #581
  • Jan 1, 2009 11:54am Jan 1, 2009 11:54am
i like this thread very much but very confused not understanding it all
could some body be kind to share some time with me sending the rules to enter and exit in trade and which pair are considered for this strategy
thx
  • #582
  • Jan 1, 2009 12:55pm Jan 1, 2009 12:55pm
5ysfx can you show us your positive result?
Bulls Make Money, Bears Make Money, Pigs Get Slaughtered
  • #583
  • Jan 1, 2009 1:07pm Jan 1, 2009 1:07pm
you are misunderstanding me
i am not asking results or your system but asking how can i get involved into this system
can i get the real method to getin and out
what would be my entry and exit and on which behalf

could you be nice to give me instructions for this system and not results
  • #584
  • Jan 1, 2009 5:40pm Jan 1, 2009 5:40pm
Quoting hartmannl33
you are misunderstanding me
i am not asking results or your system but asking how can i get involved into this system
can i get the real method to getin and out
what would be my entry and exit and on which behalf

could you be nice to give me instructions for this system and not results
do u read all posts with understanding ?

1)dont pick bottom/top
2)dont try to fight with major trend (use SL)
3)never open position when momentum is flat for a few hours
4)open bigger position only on break out of the flags
5)when daily/h3/h1 stochRSI is in bear zone dont open long position much safer is to open short position near emas instead and vice versa when stochs are in bull zone.
6)open first position when double bottom/top pattern occur with divergence.
7)use m5 for starting point
8)exit is ur next entry and rememember to take partial profits near emas or fibs
9)hunt for "rejections"
  • #585
  • Jan 1, 2009 10:35pm Jan 1, 2009 10:35pm
Quoting fireeee
5ysfx can you show us your positive result?
sorry but i dont understand u
im showing my results all the time
what do u expect for history, my bank account statement or maybe just my personal details ?

if u interested to this system try it if not leave this thread peacefully,

Well u do like choosing so now is ur turn.

Try it or GTFOH...
  • #586
  • Jan 4, 2009 11:58am Jan 4, 2009 11:58am
Hello

preopen view

Well i expected more euro dump last week, this didint happen

We probably wont see final leg down soon more upside still to come,

daily is strictly bullish (stoch in bull zone + momentum getting speed)
h3 is leaving bear zone.

133 (161.8%) is my first target then after small retracement 140(261.8%)

yen index should drop this and next week
Weekly candle broke 3 weeks open/close range.Long upper shadow indicates selling pressure.

Goodluck
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  • #587
  • Jan 4, 2009 2:34pm Jan 4, 2009 2:34pm
Quoting 5ysfx
Divergence move has been lasting since 20 Nov so reversal is very very close

but how about 1000 pips drop before ?
no SL hunting ? amazing

yen index points down
gbp index points up (candle close above prior candle )

so time to play bullish div on daily TF for geppy
daily mom bounce off ema20 also "death cross" is coming + stochs ready to leave bear zone finally.Corection toward ema52 then likely higher.
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  • #588
  • Jan 4, 2009 7:49pm Jan 4, 2009 7:49pm
daily bullish

h3 is bearish/neutral but h1 is bullish now (stoch bull zone + mom aboe emas)
thus h3 should turn to neutral/bullish today in London session

let see
let me help u with chart interpretation (indicators only)
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  • #589
  • Jan 16, 2009 3:57am Jan 16, 2009 3:57am
last trades was very wrong
i switched back to position trading so no more intraday update here.


one analysis only today
jpy index weekly chart

finally down

green pips to u all and happy weekend
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  • #590
  • Jan 20, 2009 3:17pm Jan 20, 2009 3:17pm
Quote
jpy index weekly chart

finally down

not yet
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  • #591
  • Feb 8, 2009 4:19am Feb 8, 2009 4:19am
finally bounce

last week candle is pretty bullish
stoch in bull zone
momentum above ema20

death crossed occured

ema14 should be support now
this huge divergence is playing now
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  • #592
  • Feb 9, 2009 5:40am Feb 9, 2009 5:40am
m15 possible bull zone rejection

short SL above double top
target LTL
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  • #593
  • Feb 9, 2009 5:41pm Feb 9, 2009 5:41pm
chunnel up

SL below .8650
aiming .9000(ema50 daily) or higher UTL of the wedge

h1 momentum above ema20 and stoch in bull zone already
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  • #594
  • Feb 10, 2009 8:07am Feb 10, 2009 8:07am
Quoting 5ysfx
m15 possible bull zone rejection

short SL above double top
target LTL
134.50 double bottom out of short positions

might be final divergence push before major retracement
daily is very bullish
h3 is turning to bearish slowly

target 140

SL 134
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  • #595
  • Feb 12, 2009 7:01am Feb 12, 2009 7:01am
looks like south direction
on h1 is possible shampoo formation
also possible bull zone rejection on m15

on daily stoch been in bear zone since a few weeks


short order at 12485 just in the case
SL +12550
TP ~1.1
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  • #596
  • Feb 12, 2009 8:54am Feb 12, 2009 8:54am
swissy is lookin good too

short orders at 1.17 and 1.175
SL above 1.18
TP 1.06
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  • #597
  • Feb 12, 2009 4:02pm Feb 12, 2009 4:02pm
chunnel is going down

On h1 we can see bearish divergence and stoch's ema20 becomes a resistance.
Next upmove (if any) should be short lived, H3 is bullish though.
downtrend should continue
daily stoch in bear zone near ema20 resistance


short orders in 50 pips step from .9020 to .9270
SL + .930

primary TP around .84 then lower if broken
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  • #598
  • Feb 12, 2009 4:17pm Feb 12, 2009 4:17pm
GBP demand might rise pretty soon

daily bullish (at support)
h3 bearish (watch 1.44x- key level)
h1 is changing to bullish

if scenario will be correct then primary TP is daily ema120 (1.57-1.60 area)
SL or short below 1.40
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  • #599
  • Feb 12, 2009 4:29pm Feb 12, 2009 4:29pm
As long as stochs stay in bullish zone and momentum above ema20 i am "dipbuyer"

142 primary target
150 would be nice

SL or short below today's low
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  • #600
  • Feb 13, 2009 11:16am Feb 13, 2009 11:16am
So far so good

u can catch looney yet


See ya next week
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