FOREXTRADINGMAJIC.COM: May 25, 2007

EURO/USD UPDATE

WELL WHAT DO WE HAVE HERE...SEEMS AS IF THE HERD HAS ONCE AGAIN BEEN LED TO THE SLAUGHTER.

BUT LCM KEPT YOU OUT DIDN'T IT...THERE HAS BEEN NO BULL PIVOT UP OFF THE RED LINE ON THE 15, 30, OR 60MIN. HAS THERE? SO YOU'RE NOT IN A LONG TRADE ARE YOU...

BUT WE DO HAVE A BEAR PIVOT REVERSAL ON THE 15 MIN DON'T WE. THAT HEAD FAKE ON THE 1HR BAR HAD YOU FOAMING AT THE MOUTH DIDN'T IT. OH MY GOD...OH MY GOD I'M GOING TO MISS THE MOVE.

WELL, I TOLD YA, ONLY RENTER LONG ON A BULL PIVOT UP OFF THE RED LINE. IT CAN'T GET ANY PLAINER THAN THAT. IF YOU WENT LONG DESPITE WHAT I TOLD YOU...DESPITE WHAT YOU'VE SEEN WITH LCM.

YOU DIDN'T EVEN HAVE TO THINK ABOUT NUMBERS, I DREW THE LINE FOR YOU. SO IF YOU WENT LONG...

THE...MATRIX...HAS...YOU. BECAUSE YOU BELIEVE IN THE MOVE INSTEAD OF BELIEVING IN MOTION. YOU BELIEVE WHAT YOU HEARD (HERD) INSTEAD OF BELIEVING WHAT YOU SEE.

THE MOVE IS YOUR RELIGION BUT I BET YOU DIDN'T KNOW THAT WHEN YOU LOOK UP THE ROOT MEANING OF THE WORD RELIGION IT MEANS 'TO SEPARATE", SO CONTINUE TO BELIEVE IN YOUR RELIGION AND CONTINUE TO BE SEPARATED FROM YOUR CASH.

BECAUSE YOU'VE SEEN IT IN ACTION TOO MANY TIMES TO EVEN WANT TO DEBATE. EVEN THOUGH YOUR OTHER WAY HAS FAILED YOU, YOU ARE DESPERATE TO CLING TO IT...

LIKE THE MAN SAYS IN THE MATRIX, THEY WILL FIGHT AGAINST YOU TO DEFEND A LIE...

AND NOW THAT THE LIE YOU FIGHT FOR HAS ONCE AGAIN STOLEN YOUR DREAM IT IS READY TO CONTINUE TO THE LOCATION WHERE YOUR MONEY USED TO BE.

I REFUSE TO BE SO POLITICALLY CORRECT WITH YOU TO MAKE YOU THINK IT'S NOT YOUR FAULT THAT YOU SWALLOW LIES AND WILL FIGHT AGAINS TRUTH WITH YOUR LAST BREATH. IT IS I WHO IS IN THE TRENCHES WITH YOU AND IT IS ONLY I WHO WILL TELL YOU THE TRUTH.

JERRY

EURO/USD TRADE UPDATE 5-25-2007

OKAY, IF PRICE CONTINUES AND BLOWS UP TO THE YELLOW LINE I MISSED THAT PORTION OF THE MOVE. IF NOT, I'M LOOKING FOR A PULLBACK AND A BULL PIVOT UP OFF THE RED LINE. SEE ATTACHED 1HR CHART.

THAT IS...IF WE ACTUALLY DO CLOSE ABOVE THE RED LINE.

I WILL EVEN CONSIDER A 5 MINUTE PIVOT OFF THE RED LINE IF IT LOOKS STRONG ENOUGH.

JERRY

EURO/USD UPDATE

CLICK THE LINK BELOW FOR THE PRE-TRADE TRADE ANALYSIS.

I WILL BE LOOKING FOR A 15 MIN BULL PIVOT TO REENTER NEAR THE ORIGINAL ENTRY AREA OF 3435. OPERATORS LIKE TO UNDERCUT KNOWN (HERD) LEVELS SO WHEN I SAW VOLUME WEAKNESS ON THE 30 MINUTE I DIDN'T LIKE THE SMELL OF THINGS.

IF PRICE CLOSES ABOVE 3459 I WILL LOOK FOR AN INTERNAL PIVOT ABOVE THAT AREA FOR A REENTRY.

SO I AM LOOKING AT TWO POSSIBLE RE-ENTRY LEVELS.

JERRY

CLICK HERE FOR ANALYSIS

JERRY

EURO/USD 19 PIP PROFIT

TOOK PROFTIS AT CLOSE OF 9:00 BAR. VOLUME DIVERGENCE ON 30 MIN CHART. WILL LOOK TO REENTER ON PULLBACK OR CLOSE ABOVE 3459.

JERRY

EURO/USD

I STAND CORRECTED. WE DO HAVE AN INTERNAL PIVOT BAR ON THE 1HR THAT JUST CLOSED AT 8:00AM EST AT 3435.

I'M IN AT 3436 AT 8:05 EST

JERRY

EURO/USD UPDATE

THE 4HR BAR THAT JUST CLOSED A 8:00 AM EST JUST FINISHED TESTING THE BULLISH PIVOT POINT. ON LOWER VOLUME. A GOOD SIGN FOR THE BULLS. ON A BULL PIVOT, WE LIKE TO SEE THE TEST BAR CLOSE DOWN ON LOWER VOLUME.

STILL NO ENTRY SIGNAL. WATCH YOUR 30 MIN AND YOUR 1HR. EVEN WATCH YOU 15 MIN AND LOOK FOR IT TO CONFIRM YOU 30 OR 1HR PIVOT.

THE ENTRY SIGNAL, IF THERE IS ONE, WILL PROBABLY COME AT 9:30 AM EST JUST BEFORE THE U.S. DATA ON EXISTING HOME SALES THAT COMES OUT AT 10:00 AM.

REMEMBER, NO INTERNAL BULL PIVOT TO GO WITH THIS 4HR BULL PIVOT MEANS NO TRADE. YES, THIS CAN SOMETIMES CAUSE YOU TO MISS A MOVE BUT MORE TIMES THAN NOT IT KEEPS YOU OUT OF A FALSE MOVE.

JERRY