Wednesday, December 15, 2010
TRENDWALKER 1 HR CHARTS
( See links at bottom of post forTtrendwalker chart links )
Hello
Many of you wrote me with great concern about the video link I placed on the blog on Monday. Oh the horror, the horror.
Now hold on just a minute. Don't think for a minute that what I teach and will continue to teach is in any way affected by the technique in the video. The key words are " A technique!
As most of my students know...I've been teaching that particular technique for 7 years. My students see your webex videos ( 1 hr home run trade ). But then again, maybe you would rather spend $5000.00 for one trading technique. You wanna learn to trade, I give you a full banana clip instead of 1 bullet for Russian roulette.
So, yes, I used Steve's video because he gets into what it is and saves me a lot of time so I can concentrate on teaching you how to trade the 1 hr home run trade. For my private students I am adding a couple of things to help you with that technique so, I want it back inside your frame of reference for what I will be talking about going forward.
Just look at the support and resistance charts I've posted today. NOW, it doesn't matter who created these levels. The fact is that all markets react in a predictable manner to these levels. The fact is, even if you know exactly where these levels are, you still have to know how to actually trade them. Analysis of a chart, and trading that analysis are two different skills.
I've included in this post some of my trendwalker charts. You see, trendwalker incorporates all of the things The guy in the "Welcome to The World of The Real", post says, don't work. Too bad cause they've been working for me for a long time and looking at my trendwalker charts they still are...
Note: Last night my Internet browsers went out and that has never happened to me before. It's only a matter of time before they start with this blog again and that is one of the main reasons you see large gaps in the dates between blog posts sometimes.
This is why I've been telling you to get skype. That's they only area where I have not yet faced harassment and for the moment it is my only safe haven of communication as my communications are systematically being dismantled by an unseen hand. I'm beyond whining about it I'm just letting you know so we can always have an option to stay in contact. Now, I can't be on skype all day because I'm doing a lot of things on my computer that conflicts with skype software.
So, yet another sleepless night figuring out how to break free instead of trading and teaching to trade...I'm already starting to have problems with the blog so I don't know how long it can last before they can get to it...
TO...ALL...FREEDOM...FIGHTERS...
One Love
JerryGBPUSD 1120 AM EST DEC 15 2010
EURUSD 1115 AM EST DEC 15 2010
USDJPY 1122 AM EST DEC 15 2010
USDCHF 1125 AM EST DEC 15
USDCAD 1126 AM EST DEC 15 2010
AUDUSD 1128 AM EST DEC 15 2010
GBPJPY 1129 AM EST DEC 15 2010
AUD/USD 1 HR SUP/RES 5:55 AM E ST
CLICK BOTTOM OF CHART FOR FULL IMAGE
1. Go long on close above a line. 2. Enter long on pullback DOWN to broken line. 3. Stop below low of breakout bar 4. Target is next line above1. Go short on close below line. 2. Enter short on pullback UP to broken line 3. Stop above breakdown bar 4. Target is next line below
Breakout confirmation = Higher volume
Cheers, Jerry
USD/CAD 1 HR SUP/RES 5:40 AM EST
CLICK BOTTOM OF CHART FOR FULL IMAGE
1. Go long on close above a line. 2. Enter long on pullback DOWN to broken line. 3. Stop below low of breakout bar 4. Target is next line above1. Go short on close below line. 2. Enter short on pullback UP to broken line 3. Stop above breakdown bar 4. Target is next line below
Breakout confirmation = Higher volume
Cheers, Jerry
USD/CHF 1 HR SUP/RES
CLICK BOTTOM OF CHART FOR FULL IMAGE
1. Go long on close above a line. 2. Enter long on pullback DOWN to broken line. 3. Stop below low of breakout bar 4. Target is next line above1. Go short on close below line. 2. Enter short on pullback UP to broken line 3. Stop above breakdown bar 4. Target is next line below
Breakout confirmation = Higher volume
Cheers, Jerry
GBP/JPY 1 HR SUP/RES
CLICK BOTTOM OF CHART FOR FULL IMAGE
1. Go long on close above a line. 2. Enter long on pullback DOWN to broken line. 3. Stop below low of breakout bar 4. Target is next line above1. Go short on close below line. 2. Enter short on pullback UP to broken line 3. Stop above breakdown bar 4. Target is next line below
Breakout confirmation = Higher volume
Cheers, Jerry
USD/JPY 1 HR SUP/RES 5:20 AM EST
CLICK CHART
1. Go long on close above a line. 2. Enter long on pullback DOWN to broken line. 3. Stop below low of breakout bar 4. Target is next line above1. Go short on close below line. 2. Enter short on pullback UP to broken line 3. Stop above breakdown bar 4. Target is next line below
Breakout confirmation = Higher volume
Cheers, Jerry
GBP/USD 1 HR SUP/RES 5:10 AM EST
CLICK CHART
1. Go short on close below line. 2. Enter short on pullback to broken line 3. Stop above breakdown bar 4. Target is next line below
Breakout confirmation = Higher volume
Cheers, Jerry
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