Thursday, March 31, 2011

MARKET UPDATE 1

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Twitter Transcripts


 THURSDAY MARCH 31
Jerry Stewart

Jerry Stewart
Don't make your current method your religion. The only thing constant is change...
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Jerry Stewart
you're starting to see how my approach is totally radical to what you have been taught...Bottom line is, what does that acct. statement say
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Jerry Stewart
Why am I not looking at other pairs. Because we are in a flow with usdchf. Right now her current is predictable. We're dancing like lovers
8 minutes ago
 
BUT MAINLY, BY TAKING SOME PROFIT OFF THE TABLE WE LOCK IN SOME PROFITS AND REDUCE OUR RISK

Jerry Stewart
TOOK OFF HALF OF OUR POSITION BECAUSE MARKET IS DUE FOR A COUNTERTREND PULLBACK. MAY GET A SHOT TO SCALE THAT HALF BACK IN AT A BETTER PRICE
 
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Jerry Stewart
CORRECTION: (ENTRY SHORT) NOT LONG- USDCHF SCALE IN ENTRY 2 ( ENTRY LONG AT .9230 EXIT .9190 +40 PIPS ) 21 hours ago
11 minutes ago

Jerry Stewart
CORRECTION: (ENTRY SHORT) NOT LONG- USDCHF SCALE IN ENTRY 2 ( ENTRY LONG AT .9230 EXIT .9190 +40 PIPS )
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Jerry Stewart
USDCHF CLOSE 1/2 OF OPEN POSITION @ .9140.... REMAINING 1/2 MOVE ...STOP TO .9210 AND TP@ .9090
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Jerry Stewart
USDCHF CLOSE 1/2 OF OPEN POSITION AT BREAK EVEN


Jerry Stewart
USDCHF REMAINING POSITION LONG @ 9141 STATUS STILL OPEN. LONG @.9141 STOP @ 9260 TP .9104
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Jerry Stewart
USDCHF SCALE IN ENTRY 2 ( ENTRY LONG AT .9230 EXIT .9190 +40 PIPS )
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Jerry Stewart
USDCHF SCALE IN ENTRY 1 ( ENTRY AT .9203 EXIT .9190 + 13 PIPS
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Jerry Stewart
USDCHF SCALE IN POSITIONS 1 AND 2 CLOSED AT .9190.
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Jerry Stewart
USDCHF CLOSE SCALE IN POSITIONS 1 AND 2



TUESDAY/WEDNESDAY MARCH 29 & 30
Jerry Stewart
usdchf sell short 2nd scale in @ .9230
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Jerry Stewart
usdchf adjust short scale in to .9203
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Jerry Stewart
usdchf sell short 1st scale in @.9223 no stop no tp. we're playing poker...


Jerry Stewart
usdchf sell short 1st scale in @.9223 no stop no tp. we're playing poker...
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Jerry Stewart
usdchf My buyers vs sellers indicator is showing nothing but selling yet price is rising too swiftly. I smell a little stink..lol
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Jerry Stewart
usdchf remove stop for possible scale in. I feel the current action is an attempt at stops
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Jerry Stewart
When I signal a trade, get out where it's comfortable profit for you. You don't have to wait for the target to be hit.
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Jerry Stewart
What I'm saying is that op's hold price against the retailers as long as possible. When retailers exit they turn it loose
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Jerry Stewart
Far too often to be any kind of coiencidence. I try to get the alert in early so all my people have a chance to get out.
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Jerry Stewart
Notice how eurchf immediately spiked up to our original target of 1.2965 as soon as I told you to close out. Have you noticed how often?



Jerry Stewart
eurchf closed @.2952 +32 pips
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Jerry Stewart
close eurchf @ market
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Jerry Stewart
The same reasons I entered eurchf applies to usdchf only in reverse. to the short side instead of the long side
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Jerry Stewart
usdchf...sold short @.9142 stop@ .9190 tp@ .9103
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Jerry Stewart
last hr bar closed above 1 hr supply line
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Jerry Stewart
1hr footstep support just below yesterday's close
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Jerry Stewart
buyers vs sellers volume indicator shows buyers took control on last hr's bar
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Jerry Stewart
pivot formed on higher volume and stochastices crossing up through oversold.
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Jerry Stewart
That long entry is eurchf based on 1hr complex bull pivot above yesterday"s close
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Jerry Stewart
LONG ENTRY @.2920 market ..stop@ 1.2875 tp@ 1.2965
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Jerry Stewart
eurchf buy @ market stop 1.2827 tp 1.2958