This is the trade entered by River Reject System. See EU and GU charts. First target is bottom band, final target/cut loss if price cross ma again.
02/23/2010
02/15/2010
Our Trading System: Wave Rejects
This is an entry setup system mainly based on 4h chart. The goal is trying to catch Waves but using a mix group of indicators.
Setup:
1. Trending: Long term MA lines are trending agree with band directions
2. Reject by Bollinger Bands
3. Reject by MA River
4. Support by Gann
See two examples and each arrow is the entry point.
Red line is Gann
Blue lines are sma. One of them is 20 sma
Green lines are bollinger bands 20.
Exit Plan:
1. First target is to reach the opposite side of the band.
2. Final target is price to re-cross the ma line
3. Cut loss if gann flip again
This setup can be applied to most forex pairs although the longer time frame chart is preferred.
02/12/2010
Long Eur/Chf
This is the same setup on 4h. Price retrace with a strong uptrend from top band to bottom band first. Now PA starts to rejoin the trend and cross ma/gann as a result.
First Target at top of the H4 Band.
Second target when price meet ma again.
02/03/2010
Short Eur/Usd on 4H
Update: short target 4h Bottom band. Second target, weekly 100ma. Both reached the following day.
01/25/2010
Short Usd/Jpy based on Weekly Bands
Usd/Jpy Weekly Bands cross MA
Weekly bounce from MA lines and top bands.
Price confirm cross triggering MA and towards bottom band.
First target gann/mid band.
Second target bottom band.
01/19/2010
Long Gbp/Jpy Setup Jan 18, 2010
Gbp/Jpy 4h setup. Bounce up from bottom band+100/200 ma area. Crossed our trigger ma.
Target top band maybe too brave at this point. 
01/11/2010
Short Eur/Usd
Short Eur/Usd based on:
4h Bounce off Top Bollinger Band and 100MA line.
4h Cross ma and going down
1h Gann Flip and Support Short
Eur/Usd 4h Jan 11, 2010
First target: 4h gann
Second target: 4h mid band
Stop Loss: 4h top band or above 4h ma.