POP QUIZ

Pop quiz

THE EURO/DOLLAR FELL TO DAY BECAUSE

A. The pivot bar formed on lower volume
B. Yesterday’s bar closed below the high of the pivot bar on higher volume
C. Pivot point has not been tested
D. Price bounced off three bar equilibrium
E. All of the above

Study guide:

1. Counter-trend targets – page 7, L.C.M.

2. 3 bar equilibrium PAGE (18, 19, 20 RECENT BOOK UP DATE). STUDY ATTACHED CHART – supplied with the recent update (bar 4).

Once we are familiar with the information on 3 bar equilibrium (3 bar for shorthand) which has already been provided, that will be our focus, to fill in the gaps, errors and/or omissions in the material provided.

When you turn in your homework I will know where you are and the direction I need to take with future instruction. If you do not turn in your homework, congratulations, you have made me very proud because you have graduated and are out there making loads of cash. That means, L.C.M. is working just as advertised and I have another satisfied customer.

REMEMBER: INVEST YOUR TIME BEFORE YOU INVEST YOUR MONEY.

Cheers, Jerry
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EURODOLLAR 4-26 2007

Have a look at our updated reference chart I've provided today. Do you see anything about today's action that does not fit in with your basic L.C.M. PIVOT AND VOLUME RULES? If not I'd like to hear from you.

But be advised that I will answer you by referring you to the material already supplied to you in the book, in your book updates, and in our current lesson series.

Then, after reviewing that information, tell me SPECIFICALLY what it is about the point you do not understand. In light of the volume of information you have been provided, a simple, Hey Jerry, I don't understand pivots just does not wash. Tell me specifically what it is about the information about pivots/volume you have been provided that you don't understand.

I know my writing skills leave something to be desired but in any given lesson there are going to be things you do understand about it and things you don't understand about it. Give me a book page number, or update page number, or lesson number. Something...

I'm so busy I no longer have the time to do the research for you.

Sincerely, Jerry

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PIVOT LESSON 3-A

Pivot lesson 3-A has been delivered to your mailbox. If you did not recieve it let me know.

Jerry
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PIVOT LESSON 4 -DELAYED

I know you wer expecting pivot lesson 4 today but I'm sorry I've had to delay it until tomorrow night.

I made a mistake. This is what I said in my post earlier today.

"Well, that red line just happens to be daily support in the form of 3 bar equilibrium. I know I haven't gotten to deeply yet into 3 bar in our reference chart series but it's coming this week I promise. "

We'll... I got a flood of questions on 3 bar equlibrium today. Most of you have got me pegged pretty good by now and despite my bluffing you already know that I'm going to answer your questions when you write me.

So, today's answers have left me no time to put together pivot lesson 4 that I had scheduled for today. 3 bar involves a rather in depth and illustrated explanation so it's a wrap for today. I'm exhausted.
I guess it's my fault though, for even putting that little seed in your head.

But If you must send me questions before the time I asked for, I beg of you to at least contain your questions to the particular lesson and not on furture lessons that I have already promised. However, if you cannot I will never refuse to answer your questions.

But please understand that the more complex elements are what I'm doing this series for and I can only answer so many questions in a day that take me 1 hour to explain and respond to before I run out of day. That causes me to fall behind, which only engenders more questions and the wheels of information start spinning to a stop.

So, I've rescheduled pivot lesson 4 for tomorrow night and this means the lesson I had scheduled for Friday will have to be put off until Monday.

But questions about lessons already covered are good because it helps everyone for me to know if I've forgotten something, made an error or left something unclear. That way I can make the necessary corrections for presentation to you in the next lesson.

Thanks, Jerry

Eurodollar 4hr- 4-20 and 4-24-2007

I want you to see something because it relates to the lesson I sent you last night on outside bar reversals. I'm not ready to get into intraday trading L.C.M. with you yet but I want you to see that the same techniques that apply to the longer time frames also apply to intraday. Go down and refresh yourself with Friday's post Eurodollar update 4-20-2007 4hr and copare it to today's 4hr chart.

See how the 4hr today is responding to the outside bar setup and has reversed up off the red line I drew.

Well, that red line just happens to be daily support in the form of 3 bar equilibrium. I know I haven't gotten to deeply yet into 3 bar in our reference chart series but it's coming this week I promise.

I sometimes want you to see how things develop in real time and at times intraday is the only way to do that. Since the action is in line with what we are currently talking about in our lesson (outside bars) I thought you should see it.

The main thing I want you to remember is how it illustrates what I told you about basing your intraday trades off daily or longer support and resistance levels. So, look at Friday's chart that I posted and compare it to the chart I've presented today. Then compare it to the lesson I sent you last night.

Notice how it is very similar to pivot 6 on our reference chart which by coincidence happens to be the focus of our next lesson.

Nothing is absolute, everything is probability.

Jerry
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PIVOT LESSON 3-OUTSIDE BARS

Hello

Pivot lesson 3 - Outside bars has been sent to your mailbox. If you did not recieve it let me know.

Thanks, Jerry
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PIVOT LESSON 2-MOVING FOWARD

Just to let you know, pivot lesson 2 will be delivered to your mailbox. If you have not recieved your lesson by 12:00 midnight e.s.t. please notify me so I can rush it out to you.

This is because, for right now, the blogg is open to all but there is certain information that is reserved for those who own L.C.M.

although I try to give freely as much as possible I unfortunately can't do an injustice to those whom are serious enough to have purchased "THE LAWS OF CHARTS AND MEN," by giving away the house to everyone for free.

I hope that those of you who do not own the book don't feel slighted by this as I feel I often give you much free information that can be found nowhere else. Unfortunately, L.C.M. is not for sale at the moment as my current focus is to udate and improve the services I provide to those who have shown faith in L.C.M. I will provide notifications within the next couple of weeks when I shall again make the book available.

sincerely, Jerry