Sunday, August 7, 2011

SIT ON YOUR HANDS 6:00 PM SUN AUG 7 2011

Okay, I know I don't have to tell you that S&P lowered the rating on U.S. debt from AAA to AA and that's bad news for the dollar.  However, the euro-zone has bad news of it's own and this S&p bullshit is to keep the euro from tanking against the dollar.  They keep telling us that we are in a global economy and the deal is that they don't want to let one currency get out of control against another.  That's what the G-7 and G-20 meetings are all about.  they really want the euro to kill the dollar but the dollar is playing die hard with them so, certian euro zone economies like Italy, Spain, and Greece keep dragging down the euro against the dollar and putting a crimp in the globalist plans for one world currency.  For one world currency they have to kill the dollar.  That's what's really up with the dollar.  All the other stuff you hear is smoke screen.  

My opinion is that prime creator is at work against this satanic New world order they want to shove down our throats.  You know...One religion, Once currency, one government...ONE SATAN!!!

SO, all this other dollar stuff is smoke screen.  You live in the matrix baby and forex is money and money rules the world and if you have no idea what I'm talking about you have no idea that you are A SLAVE NEO!!

Enough geo-political and look at the charts.  The first hour of trading has closed and you had to know that the markets would gap after the U.S.news on Friday came after the markets we're closed.  If all of these things are news to you I must say, WTF...you should not be trading because you don't have a clue.  But wait, you will get pissed off at me for telling you that instead of those whom are taking your kids milk money.

I'm not going to go into gaps again because if you've been following this blog I've mentioned how to approach gaps several times.  If you don't know by now that means you have a sound byte mentality and when you tun e in to this blog you only read the most recent thread.  If you don't go back a couple of weeks so you can keep up, well I'm not gonna say it because any truth seems to hurt real bad except the truth that you are giving your money away cause you just plain lazy.  Looking for that sound byte.  That one technique.  the unified field theory of everything.  only problem is you wouldn't recognize it if kicked you in the head...

Listen, after the first hour you have not missed out on anything.  There is nothing but operator participation on my charts.  They are snatching the worm up and down to draw you in.  If you don't believe me please jump in the market, and let me know so I can get some entertainment watching shark week.  It doesn't matter which direction you get in now.  There is panick in the streets and that's their world. You know, the predator spooks the herd first to single out the weak...

Man, wait till those gaps are filled or until after the london open.  I know you might miss some potentially big move but, potential rolls both ways.  

I know I sound harsh right now.  I'm hoping you get so pissed off at me that you go play with mama and the kids so you will stay out of trouble.  I know I haven't been politically correct here but,You can cuss me out later.

Cheers, Jerry


How to draw support & resistance lines with no knowledge-no study ( with part 2 correction )

Friday, August 5, 2011

WHEN TO TRADE COUNTER TREND FRI AUG 5 10:00 AM


I can rarely get out trade alerts, I can rarely do live trading sessions and now, it's getting to the point where I am having trouble with my trading accounts, just getting my own trades in and that's how I make my living.  Not from selling educational materials.  That just allows me to do the fun stuff like teach and help those that newer traders that are being abused through lack of knowledge of the true forex jungle.

I'm starting to get too much attention from people who get my materials from bootleggers and then want to follow my blogs to show them how to trade it effectively.  Too many people who want to follow my trade alerts that attract too much attention from the operators, etc...

For the reasons mentioned above there will be a password required to access this blog.  I don't know the date yet but within a week or so I will make an announcement.  I hate to sound like a butt but there is only so much I can do as one man.  So, my free people, I love you all but I must tell you to get as much out of this blog as you can now because it's about to be for Jerry's true people very shortly.


Important Notice:  Next week I will be making an announcement about hiring traders to trade for me.  The requirement is that you must take or have taken my 1 on 1 trader training course.  I'm not going to say how many traders I will hire to trade my accounts but I will say the number is very small, SAY BETWEEN 10 AND 25.  We will be splitting profits 50/50 and I don't know anywhere else you can find this offer.  You obtain my course and we win together or we lose together.  Flat out...I DON'T LOSE OFTEN...

For the traders the trading will be pretty easy.  I have almost completed the indicators that will make trading almost 80% mechanical with the indicators and alerts that I have developed with great time and expense.  I do not believe in 100% mechanical trading because robots can't measure market sentiment with the news data and geo-political events, etc..

iI'MABOUT READY TO RETIRE BUT iI STILL WANT THE BENEFITS OF TRADING INCOME.  With traders trading for me I get the best of both worlds, don't you agree...

My intent was to make them available commercially but I have found that everything I put out get's stolen and traders end up buying my material from some guru who stole it from me 

It will be strictly on a first come first serve basis and if you want to be considered, drop me an email and I will send you out the details as they become available.  Traders will be considered in the order which I receive notice of their interest.

I love giving people free rides but my back is tired...

By the end of this year the only traders I will be training are the ones who work for me...


So, Mr operators.  I have no plans to disrupt your system by training thousands of traders to do what I do. You can give me some peace now...





CHEERS,  ONE LOVE, 
JERRY
JERRY@FOREXTRADINGMAJIC.COM
JERRYJSTEW@YAHOO.COM












Wednesday, August 3, 2011

MARKET UPDATE - WED AUG 3 11:43 PM EST

Gbpusd - equilibrium point = 1.6295.  Look for a pullback to that level before considering longs. Take shorts to this level with stop 10 pips above yesterdays high

Eurusd - equilibrium point = 1.4295. Look for a pullback to that level before considering longs. Take shorts to this level with stop above yesterdays's high


audusd - equilibrium level = 1.0647  Look for a pullback to that level before considering longs. Take shorts to this level with stop above yesterdays's high


When the levels are hit look for reversal bars to go in the opposite direction.


Usd chf -0.8005 will not meet daily resistance until that level.  look to take longs with stop below yesterday's low.


Nzdusd - Fell through equilibrium point. Next equilibrium point  is 0.08358.  Take shorts to this level with stop above yesterday's high


Eurcad -   closed above equilibrium point of 1.3686 -48. target next equilibrium point at 1.4008. Look to buy in equilibrium range with stop below tuesday's low.

Analysis based on price supported by volume.  Volume to mean the amount of participation and who the majority of participation was.  Retail or professional.


Note: usdchf and nzdusd projections are counter trend which means the risk is heightened if reversal trades are taken after pullback to the stated equilibrium levels.




CHEERS, JERRY 

ABUSED BY THE NEWS- AGAIN

CLICK LINKS BELOW FOR VIDEO UPDATES

ABUSED BY THE NEWS- AGAIN PART 1 12:00 PM EST


Having trouble with part 3. They're on to me. you will understand why when you watch the first 2 parts. I'm gonna try to rush out these first 2 parts before the sabotage is complete...

Here is part 3 after internet connection issues.  Hmmm...Always happens when I talk about certain things. But, if I don't talk about it I'm just like all the rest.  I would be lying to you.  What does it say in the Bible..."I will send you strong delusion, to make you believe the lie even more because, YEE ARE NOT LOVERS OF THE TRUTH."

Lets see if you have technical issues viewing these vids.  I suspect that you will...


ABUSED BY THE NEWS - AGAIN - PART 3 1:47 PM EST

CHEERS, JERRY