EURODOLLAR THUR 4-19-2007

I didnt have a chance to say this earlier but look at the chart and see thay yesterday we had an up close on lower volume on the daily chart. This is an idication that buying momentum has slowed and I would expect a down day today. I don't have time to go into the details but use your LCM rules if you trade intraday with an eye for a short. When you see this setup you want to short near the high of the prior day's bar. It may be too late for that now so I would only look to go short on a pullback near the high of yesterday. Of course use your pivot rules.

Jerry. Email me! click here

Book insert mailed

I have completed the mail out of the new book insert. If you did not receive your copy in your mailbox please click on the email link below and let me know so I can make arrangements to get it to you.

Thank you for your support.

P.S. The new website is under construction but make a note of the new address which is FOREXTRADINGMAJIC.COM.
Email me! click here

CONCERNING BOOK ADDITION

Just a short post for today. I'm preparing to get the book update out to registered members today. Look for the pdf file in your mailbox tonight. Even though it's not quite complete I know that you have been patiently waiting for it. So, in order to get you going quickly with it I'll be distributing it to you in two parts. By the time you get through digesting the first part you will be ready for the second part. This is the informal version so don't be too hard on me for typo's and such. Your questions and comments on it will go far in helping me to polish it up for you. As always, cheers.

P.S. If I think of something important to say about today's trading action I may add a post so it won't hurt to check in a couple of times today just in case.

Jerry
Email me! click here