MARKET UPDATE 4

TWITTER TRANSCRIPTS
(NOTE) the time lines on the twitter transcripts are not correct.  For example these transcripts are less than 1 hr ago not 3 hours.  I am copying the transcripts as they appear on twitter so, I don't know why they are showing incorrect times on my twitter posts.

tradingmajic Jerry Stewart
CLICK LINK FOR CLOSED TRADES http://screencast.com/t/LEWVxvR7xq CURRENTLY NO OPEN TRADES
3 hours ago ___________________________________________________________________________
tradingmajic Jerry Stewart
7 TRADES = NO LOSERS TOTAL PIPS PROFIT TODAY = +149 PIPS
3 hours ago ________________________________________________________________________________
tradingmajic Jerry Stewart
USDCAD CLOSED @.9615 1HR BAR CLOSING AS A RANGE BAR. AFTER RANGE BAR IT'S BETTER TO WAIT FOR A PULLBACK OPENED @ .9579 PROFIT = +36 PIPS
3 hours
___________________________________________________________________________
tradingmajic Jerry Stewart
USDCAD CLOSE OPEN ORDER
3 hours ago
 
CHEERS, JERRY

MARKET UPDATE 3

TWITTER TRANSCRIPTS

tradingmajic Jerry Stewart
CLICK LINK FOR OPEN TRADES http://screencast.com/t/daRngQ3Mzwgt
2 hours ago ____________________________________________________________________________
tradingmajic Jerry Stewart
CLICK LINK FOR TODAY'S CLOSED TRADES http://screencast.com/t/0w64MeTi5LZy
3 hours ago ____________________________________________________________________________
tradingmajic Jerry Stewart
USD CAD TRADE#3 CLOSED AT .9568 OPENED @.9568 = 0 PIPS THE PAIR HAS FLIPPED WITH A 4HR AND 1HR BEAR REVERSAL BARS & 1HR DEMAND LINE BREAK
3 hours ago _________________________________________________________________________
tradingmajic Jerry Stewart
USDCAD CLOSE TRADE @ AT BREAK EVEN
3 hours ago
 
 
CHEERS, JERRY

MARKET UPDATE 2

TWITTER TRANSCRIPTS

tradingmajic Jerry Stewart
CLOSED TRADES +113
USDCHF +29PIPS USDCHF + 20 PIPS TOTAL = + 49
USDJPY +4 USDJPY +47 TOTAL = +51
 USDCAD +13 TOTAL = +13
3 hours ago
_____________________________________________________________________________
tradingmajic Jerry Stewart
CLOSE ALL USDCHF TRADES...NEWS PENDING IN 5 MINUTES
3 hours ago
_____________________________________________________________________________
tradingmajic Jerry Stewart
CURRENT PENDING ORDERS 12:30 AM TUE APRIL 12 2011 http://screencast.com/t/qAVP0DAujoQ
7 hours ago ____________________________________________________________________________
tradingmajic Jerry Stewart
usdcad tp hit @.9622 bought@ .9609 stop .9555 tp@9622 total = +13 pips
8 hours ago
____________________________________________________________________________
tradingmajic Jerry Stewart
Click link for video trade alert
http://screencast.com/t/mPv5tIsRfXzr
8 hours ago

CHEERS, JERRY

Market update 1

Last week my Mother inlaw died, my dad had emergency surgery, and my mom has upcoming serious surgery.  To boot, my hard drive was infected by a virus which ultimately cost me years of accumulated material and the entire week to wipe, clean and replace almost 8 years worth of work.  So, please forgive me for being a bit quiet last week.

TWITTER TRADE ALERT EXCERPTS MONDAY APRIL 11

tradingmajic Jerry Stewart

Click link for video trade alert http://screencast.com/t/lZRcM06q

6 hours ago
__________________________________________________________________
 
tradingmajic Jerry Stewart

USDJPY tp @84.90 hit. cancel any pending orders in this pair.
3 hours ago
__________________________________________________________________
 
tradingmajic Jerry Stewart

usdjpy trade #1 = +4 trade # 2 = +43 total = +47
3 hours ago
 
Cheers, Jerry

MARKET UPDATE 1

Hi

Just wanted to let you know that I've been dealing with a software virus called "WINDOWS RESTORE." for the last couple of days.  It started with my trading platform running very, slow and not allowing me to get in and out of trades.  When I try to execute a trade the market has moved and the quoted price is no longer valid.

At first it was just the trading platform but has now spread to everything and I'm trying everything to kill it but, it is a process. As soon as I'm up and running fully I will be back at it.  It's very curious that the virus only affected my trading platform.  But not all.  I have several.  But only the one I use for trade alerts was affected.  Hmmm...

Whenever I use a platform with trade alerts the platforms has about a 3 to 4 week shelf life before it goes crazy on me.  Call me a conspiracy theorist all you want but, it keeps happening over and over again with the same format.  So far this is my 4th trading platform this year for the trade alerts.  

See, it really ain't about me.  It's about you.  They mess up my stats feeling you will be dumb enough to fall for it.  And I gotta give'em credit...MOST ARE!!!

FLAT OUT...THEY CAN'T BEAT ME...THEY CAN ONLY CHEAT ME..

I know their operations so well I may as well be one of them.  So, what choice do they have...?

CHEERS, JERRY

MARKET UPDATE 1

Click here for Account statement

Twitter Transcripts

 THURSDAY MARCH 31

tradingmajic Jerry Stewart

tradingmajic Jerry Stewart

Don't make your current method your religion. The only thing constant is change...

6 minutes ago 

»

tradingmajic 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

7 minutes ago 

»

tradingmajic 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

tradingmajic 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

 

»

tradingmajic 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

tradingmajic Jerry Stewart

CORRECTION: (ENTRY SHORT) NOT LONG- USDCHF SCALE IN ENTRY 2 ( ENTRY LONG AT .9230 EXIT .9190 +40 PIPS )

»

tradingmajic Jerry Stewart

USDCHF CLOSE 1/2 OF OPEN POSITION @ .9140.... REMAINING 1/2 MOVE ...STOP TO .9210 AND TP@ .9090

32 minutes ago 

»

tradingmajic Jerry Stewart

USDCHF CLOSE 1/2 OF OPEN POSITION AT BREAK EVEN

39 minutes ago

tradingmajic Jerry Stewart

USDCHF REMAINING POSITION LONG @ 9141 STATUS STILL OPEN. LONG @.9141 STOP @ 9260 TP .9104

21 hours ago 

»

tradingmajic Jerry Stewart

USDCHF SCALE IN ENTRY 2 ( ENTRY LONG AT .9230 EXIT .9190 +40 PIPS )

21 hours ago 

»

tradingmajic Jerry Stewart

USDCHF SCALE IN ENTRY 1 ( ENTRY AT .9203 EXIT .9190 + 13 PIPS

21 hours ago

»

tradingmajic Jerry Stewart

USDCHF SCALE IN POSITIONS 1 AND 2 CLOSED AT .9190.

21 hours ago 

»

tradingmajic Jerry Stewart

USDCHF CLOSE SCALE IN POSITIONS 1 AND 2

21 hours ago 

TUESDAY/WEDNESDAY MARCH 29 & 30

tradingmajic Jerry Stewart

usdchf sell short 2nd scale in @ .9230

31 seconds ago 

»

tradingmajic Jerry Stewart

usdchf adjust short scale in to .9203

3 minutes ago 

»

tradingmajic Jerry Stewart

usdchf sell short 1st scale in @.9223 no stop no tp. we're playing poker...

tradingmajic Jerry Stewart

usdchf sell short 1st scale in @.9223 no stop no tp. we're playing poker...

»

tradingmajic 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

9 minutes ago 

»

tradingmajic Jerry Stewart

usdchf remove stop for possible scale in. I feel the current action is an attempt at stops

11 minutes ago 

»

tradingmajic 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.

18 minutes ago 

»

tradingmajic 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

20 minutes ago 

»

tradingmajic 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.

34 minutes ago 

»

tradingmajic 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?

tradingmajic Jerry Stewart

eurchf closed @1.2952 +32 pips

7 seconds ago 

»

tradingmajic Jerry Stewart

close eurchf @ market

2 minutes ago 

»

tradingmajic Jerry Stewart

The same reasons I entered eurchf applies to usdchf only in reverse. to the short side instead of the long side

1 hour ago 

»

tradingmajic Jerry Stewart

usdchf...sold short @.9142 stop@ .9190 tp@ .9103

1 hour ago 

»

tradingmajic Jerry Stewart

last hr bar closed above 1 hr supply line

1 hour ago 

»

tradingmajic Jerry Stewart

1hr footstep support just below yesterday's close

1 hour ago 

»

tradingmajic Jerry Stewart

buyers vs sellers volume indicator shows buyers took control on last hr's bar

1 hour ago 

»

tradingmajic Jerry Stewart

pivot formed on higher volume and stochastices crossing up through oversold.

2 hours ago

»

tradingmajic Jerry Stewart

That long entry is eurchf based on 1hr complex bull pivot above yesterday"s close

2 hours ago 

»

tradingmajic Jerry Stewart

LONG ENTRY @1.2920 market ..stop@ 1.2875 tp@ 1.2965

2 hours ago 

»

tradingmajic Jerry Stewart

eurchf buy @ market stop 1.2827 tp 1.2958

MARKET UPDATE 1

 TRADE ALERTS UPDATE:

http://screencast.com/t/Wwf85zsNLTTA

Q&A

QUESTION/COMMENT

From: LJ
To: jerry Stewart
Sent: Wed, March 30, 2011 9:28:06 AM
Subject: Spooked by Euro the last 2 days 

Hi Jerry.

Lots of signals, no movement.

Cheers.

LJ

ANSWER:

Re: Spooked by Euro the last 2 days

	From:  jerry Stewart
To:	LJ

---

Hi LJ

The Eurusd is sitting at weekly minor support after a high volume down bar last week.  This indicates that the eurusd wants to go down.  but is being supported by weekly footstep. so there is a fight raging right now that needs to be resolved before eurusd can make a move .  The 4hr eurusd is contained within an inside bar, the long red bar 7 bars ago which is mother bar.  mother is also a range bar and a down range bar usually gets tested at the high.

The euraud is a good bet to go down because of the bear reversal bar that formed last week. But is also contained within an inside bar.

As far as volume the most recent 4 hr indication is no supply on the down moves which means demand should be entering the market to take price up in the short term.

But I am also a little skittish with this market right now.  Especially after the dollar negative news this morning did nothing to move the markets.  And that was a major report.  Also, Wednesday is interest rate differential day and usually moves markets nicely but not euro this time. 

A lot of it has to do with the market having to recalibrate after the shock in the Yen.  Yen trading has come back to life and the market is struggling to recalibrate because as we know the markets are based on correlations with each other.  So, there is confusion in the markets right now.  The things that traders normally rely on to make their decisions is skewed right now and volume is very low as a result.  No volume no sustained moves.  In other words, the operators are in full control right now and are having their way.  They have to make the markets appear if they are moving if they are to draw in new money and because of what I said above they are hard pressed to draw in new money right now because many traders are feeling like you and I.

I'm seeing that most moves are against the flow of volume which cannot last.  Really the only currency that has real life is the yen.  That's due to the pent up energy from that currency being a dead cat for about a week and now the lid is off.

Patience is the key for sure.  The true large players are waiting for Friday's u.s. employment data which should be the real market mover for the week.  Often the week this report comes out markets range between support and resistance without committing to a true direction.

CHEERS AND ONE LOVE,

JERRY