kwanann wrote:One thing i really like about the 10.5 system, which helps to bring us closer to CJ type accuracy
CSS.PNG
Notice the CSS shows CHF gaining strength and USD losing strength in the past couple of days
I've also cross annotated the 10.5 USDCHF chart with some CJ PA comments
USDCHF.PNG
Notice the beauty of 10.5 together with CJ PA, the lines are the typical pit stop of the foxes only when they want it to be, and how they put pins right at the lines as well so sucker people in.
PA already foretold the weakening of USD and strengthening of CHF on 17 May, CSS only picked it up a while later. the 240 MA, well its always been the slowest of the lot to figure.
Now as bob mentioned, price typically goes to WR1 or WS1.
So if you were playing pure 10.5 rules, you would have only put in buys for USDCHF till now, and even then i believe some of you guys would still be thinking of putting in buys as per 10.5 rules (crossing of DP, crossing of WP is almost impossible at this point)
or you might be confused with the CSS and not play this pair (since H4 CSS is red, RSI is flatbottom)
For me, here is my map for USDCHF, i'm expecting it to go back to DP (but not doing longs, too high risk), but i will place pending sells at those levels in case it goes there. Trades above the 240 is considered CJ PA style where i'm expecting stop hunts to happen and trap more longs before bringing it down.
Below 240ma, would be NB style trades, since the lines dont exist there i'm just putting in at H4 level and midlevels, TP at each level, i'm guessing that it will goto WS2 (CJ's H4 L2), probably not today
USDCHF.PNG
