MARKET UPDATE 6

Well it seems as if the Nzd/Usd has hit a dead stop since my long entry at 0.7430 so I will close out now at 0.7435 as the trading day is getting long in the tooth.  This is a counter trend trade and the witching hour ( stop hunting ) begins at 4:00 pm est ( 9:00 pm GMT ).

CHEERS, JERRY

JERRY@FOREXTRADINGMAJIC.COM

JERRYJSTEW@YAHOO.COM

MARKET UPDATE 5 1:11 pm est

NZD/USD - is running behind schedule for the upmove that has jacked everything else up against the dollar.

The pro's went long last hr by virtue of a bullish reversal bar.  I've tried to get the trade alert out to my people on the list but alas, the matrix has me...

I don't like to make calls so public because they are too easy for operator to spot and fade.  but pull up your chart and use your lcm enty rules. 0.7430 is the pullback entry.  Target at 61% fibonacci.  @0.7470.

stop .7390.  That's the stop we show but we want to get out early if we see a reversal signal.

It's getting late in the day and I'm starting to get a little tired so I can't babysit you on this one and I don't think they would allow me anyway.

Uh oh as I write price is getting real active as if they're looking over my shoulder. 

Cheers, Jerry

jerry@forextradingmajic.com

jerryjstew@yahoo.com

EURUSD UPDATE 5

Eurusd- update

Pro's are selling this 1hr bar.  If I were still in, this would be the time to exit. So what if price continues up.  Right now the move is extended and pro's are exiting by selling to retailers.  It's no longer safe.

CHEERS, JERRY

JERRY@FOREXTRADINGMAJIC.COM

JERRYJSTEW@YAHOO.COM

MARKET UPDATE 3

CLICK LINK FOR VIDEO UPDATE...

I had to close the trade because my communications are going haywire and I can't keep you safe. I'm almost sure the market will move after my people follow me out of the trade.  If you choose to stay in the trade just keep the same targets and limits as per original alert...

MARKET UPDATE 3

CHEERS, JERRY

JERRY@FOREXTRADINGMAJIC.COM

JERRYJSTEW@YAHOO.COM

MARKET UPDATE 2

OKAY

we are in a long trade but we are dancing here. the move is already extended so I will probably close the trade before stop or target is hit.

The reason I'm taking a shot here so late in the move is due to very Poor u.s. data on a major employment report.

So I will be playing patty cakes with this one.  I expect a pullback to around 1.3838 after the close of this hour as that is the breakout level I'm watching,which is a prior day high.  This is our key level for the trade.

If you took the trade be on your toes because I'm playing this one tight...

CHEERS, JERRY

JERRY@FOREXTRADINGMAJIC.COM

MARKET UPDATE 1

Hello

I don't know what more I can say other than what I said yesterday.  I told you exactly what the market operators had in mind.  I'm already getting emails of thanks from those who listened.

Pro's were accumulating long positions all the way down as I told you.  The shorts were feeling fat and smart based on their pure technical analysis but...this is the real world Neo.  You are in the matrix.  Nothing is as it seems.

Pro's got out at the top of the long up bar that closed at 6:00 am est ( 11:00 am GMT ). We've been heading down ever since.  

There can be no doubt, Lcm is unmatched anywhere.  The only way any system will outperform Lcm is if you are a market maker yourself cause with Lcm you are trading with...THEM...

I gotta sleep sometime and I didn't wake till 7:00 am this morning.  Just in time to miss the move.  This is why I try to give you enough info to keep you armed enough to protect yourself.  I can't be here 24/7. If you've been paying attention to what I tell you then you should be seeing for yourself that the largest moves come consistantly during the London session .

For my trade alert people, the markets are over extended right now and we need to wait and see if the pullbacks provide us with any safe entry opportunities.  

CHEERS, JERRY

JERRY@FOREXTRADINGMAJIC.COM

JERRYJSTEW@YAHOO.COM