Momentum and StochRSI system

ema14 retest = 2nd time neckline retest = change of med-term trend confirmation

USD appreciation in comin' months applied to all USD/xxx pairs

Below is example how everything fits together :
waves, fibos, time cycles, rabbits just everything,
In this way we can anticipate one leg of infinite probabilities. which likeky might happen and moreover put it in time.

~4.5 by november 2009 for USD/PLN

today we should see break the range either way in cable due to news
from technical point of view we are near UTL of downward channel
from system point of view we could see rejection on h3 which might start exactly now.(see m15 chart)

low risk trade opportunity

short now SL place above 1.63
target exepected 1.58

R:R 7:1

cable disappointed me today...
took short on geppy for mentioned target
I am out for couple of days so there won't be update untill further notice.

GL & GT all.

Bluechips spoiled the party for a few days, but IMHO this does not change anything.
My view is still bullish for USD.


On attached pictures you can see reaction when price has hit red dotted line, as you know (or maybe not) this line represents very powerful resistance.
My view will change only when price break this line.
Once the price break cyan line say hello to 1.36 then 1.30

Also there is another issue.
We are in the middle of the month so mostly this is reversal period.


I reapet once again take partial profit and some day u will be very suprised.

Please do not follow me anymore (if someone does) unless you are able to manage your margin and patience.

See ya

I do not know what it is but certainly it is very important somehow.
If someone has any idea just let me know.

I just flip the coin and will try to short this hell out arround 15270-15350 with 100pips SL for 1300 pips target.

daily chart

USD supported at ema20 on momentum

weekly chart

USD supported at ema100 on momentum

Patience is everything in this business.
Next week should be very interesting,
Just take a look on price behaviour when was near red dotted line.
Rejected three times CB's scare this line to death

Time to fall...


Have a nice weekend all and trade well.

GL & GT

Today I received confirmation for GBP and USD.
I marked rejection(red circle), confirmation(green circle) spots and possible rejection area (blue circle).
U can compare all of these places by urself.

Also my EW count indicates end of subwave 2 in wave 2 for dollar and if i am right we will see start of wave 3 next week.Sorry for messy chart but this was only way to show you targets.


I can turn off my laptop and go to sleep now...

....please wait....loading....

GBP/JPY
After retest of neckline i believe is time to fall finallly

ema 20 on stochRSI and momentum act like resistance so according to this system this is signal for trend reversal.

Cable acts similar and i can say even better.
Momentum is starting to break ema100, soon we should see USD big boom.

BTW i returned to my original settings with emas no more experiments on this field.One thing i added SMA 100 because many traders respect her especially on daily TF.

"In the name of people, freedom, and, uh... democracy, stuff like that,
I hereby kidnap myself and I'm taking the ship with me. Whoo!
Come on!"

When price broke mentioned red line gone for +100 pips
Like i said before when cyan would be broken then path to south should be open.Therefore took short on fiber for 1388 target with SL at 14263
This is low risk trade for me.

let see

just food for thought
where aussie is goin ?

Another interesting thing I found
This might be some sort of harmonic pattern, described shortly here
http://www.forexfactory.com/showthre...ds#post2140251

I compared USD/JPY weekly chart with current GBP/JPY 4H chart.
As you can see PA is almost identical but currently it happens on FFWD

I wonder how this gonna end.

I think it may start this week.
Good R:R ratio

StochRSI in bear zone already, final test above 1.25 (ema50 and sma100)

Took short. I am riskin 70 pips for 1000 pips reward.
let see...

supports around 1.41(ema14 and red line) then 1.38(ema50 major uptrend line-angle) last one at 1.28

hope that works this time

maybe now is proper time for short those two as well

Momentum is quite good for break ema50 but there is last support at ema200 which is very well protected.


If price will cut ema50 like butter there is a big posiibility to break ema200 without consolidation.(SL effect)


if this happens = freefall to 1.28
Notice the oil dropped today 5%(still dropping 5.76% atm)

All depend on how many ppl must be f&%^ed up to satisfy masters.