Archive for September, 2009

Technical Difficulties With Webinar :’(

Wednesday, September 30th, 2009

Hey Guys,

As promised I did record the webinar from last night but in doing so I found that there are two formats to record the webinar, I choose the wrong one! :(  You can view the webinar but there’s a major download that you have to install first.  So I’ve opted to scratch this webinar and do another one this week and this time record it in the correct format and POST IT!  That’s my story and I”m sticking to it!

Stay tuned and I’ll let you know the day and time for the next webinar.

Jared J.

Our First Archived Webinar- Plus good article to read!

Tuesday, September 29th, 2009

Hey everyone,

We had a webinar tonight, it was wonderfully fantastic as always! ;)  Well for those that missed out on it due to work schedule or just didn’t make it to the computer on time, have no fear because this is our first official ARCHIVED WEBINAR!!! That’s right, you heard me… I actually recorded this one and I’ll be posting it on the website for ALL of you to see!  So that’s exciting, I hope you all are excited… just exciting (have i said ‘exciting enough yet??)!!!!  It’s going to be posted in the morning so I hope you all have a look.  Remember, this is the webinar where I talk specifically about the new “thing” coming out, you know… THE NEW THING!!!  Have a watch.

Next, I’m finally finding articles on forex sites about what I’ve been saying for YEARS to my clients and I’m glad to see that I didn’t just make all this stuff up!  ”Real” currency analysts are backing up what I’ve been saying for years about trade plans and money management…. and well the list goes on.

Here’s a great article you all should read, it’s just good old common sense,

****LIVE ACCOUNT vs. DEMO ACCOUNT****

Also here’s a great article, just read the title… it’s GOOD!

****MAKING SENSE OF DOLLAR AND EQUITY STRENGHT**** (important)

Have a look at the reading material while I finish uploading the webinar, this thing is taking just short of forever!

Jared J.

Webinar Tonight, LOTS of new details- don’t miss it!

Tuesday, September 29th, 2009

Hey folks,

We have a webinar coming tonight, we’ll be discussing LOTS of new details about the market and the new set up for trade calls, DON’T MISS OUT!!!

Tuesday, Sept 29th at 5:15pm PDT/8:15pm EDT

https://www2.gotomeeting.com/register/744736859

USD Prospects…. is weaker better?

Monday, September 28th, 2009

Here’s a few articles I found regarding the USD and some projections both big and small money alike are betting on, lets hope someone is right.  We had Tricket speaking this morning about how the USD needs to be strong while other are HAPPY to have a weak USD, so have a read and try to figure out what you’re looking to happen in the near future.  As for me, I’ll save my assessments for the chat room, see you there.

FIVE WAYS TO PROFIT FROM A WEAK BUCK

LOOKING AT A STRONGER USD, COULD IT BE?

USD CARRY TRADE (I just liked this one)

Enjoy,

Jared J.

It’s Sunday, LET the ACTION begin!!!

Sunday, September 27th, 2009

Happy weekend to everyone, I hope the weekend was great! I had a fun/exciting one, I spent a good chunk in the big nutty city of San Jose battling traffic and all the crazies, but it was a nice change considering that Taco Bell was on the menu at least twice!  For a lover of Mexican food, the town where i live sure doesn’t have a good selection… so i got my fill.  I’ll pay the price for an overload of Mexican food sometime tomorrow i’m sure! ;)

Ok onto details, as many of you have seen the Sunday night trade is happening earlier and earlier lately and today is no exception…. just have a look at ALL your charts!  The market is moving and there are interesting things happening across the board, good money making opportunities on pretty much every pair.  I’m making the video right now where we’ll discuss those details.

Some changes in doing the Sunday night video will start today, instead of talking about what to trade right now we’re going to talk a little more about the general condition of the market at the start of the week.  It’s too difficult to try to predict the movement of several pairs, hours and sometimes days before it happens.  We can get a good idea of what is moving and what isn’t, but the way I usually trade is I watch a few pairs and whatever starts moving first, I jump in.  So we’re going to leave the “jumping in” details to the chat, I hope you’ll join us there so as to not miss out on these details.  Also, for anyone that does not understand how the Sunday night trade (my signature trade) works, I’ll be going over those details this coming webinar, It’s crucial information.  With my Sunday night trade it’s easy to meet your goal for the week by late Sunday night… not a bad deal!

OK, Lets start off with the moving pairs, the JPY’s are finally taking their leap towards getting out of their VERY large channel so there’s LOTS to watch there, Have a look at this article:

JPY weekly report:

Also, don’t forget about the GBP/USD because it’s JUST broken out of is summer channel, more room to move?

GBP WEEKLY REPORT:

What about the the EUR/USD and it’s recent run and it’s potential of continuation or is it “out of gas”

EUR REPORT:

Not to mention there’s several other pairs to be watching as of right now, lets discuss which ones those are:

Happy trading, Jared J.

Sunday, sunday… wish it were a fun day!

Sunday, September 20th, 2009

Hi ONE and Hello ALL!!

I hope you all had a great weekend, I sure the h-word did! ;)  I’m working on the Sunday night info as we speak but I’m definitely keeping a close eye on the big/superstar movers of the last few weeks, EUR/USD, GBP/USD and the EUR/GBP.  I’ll have details to come about those but lets keep our eyes out for those.  The EUR/USD is looking pretty strong still while the GBP/USD is showing downward momentum still, this could change but if it doesn’t in the next few hours we’ll see major movement on the EUR/GBP.  More to come about that…. stay tuned.

Ok folks, lets get onto the Sunday night video and the details therein.  First off, as always, I’m posting a few articles that I deem to be “need to know” information but remember, we don’t use this into alone to make trades, always do what the charts are telling us (IE trend, breaks of highs and lows).

US DOLLAR OVERVIEW (don’t forget to click on ALL the links within the article, there’s GOOD stuff there)

EUR/USD OVERVIEW

UPDATE ON USD AND GOLD

Much ‘ado about trading

Thursday, September 17th, 2009

The market is rolling around trying to get out of bed but the alarm clock hasn’t sounded yet. The various markets are posting some minor gains and slowly but surely trickling upwards, most of these “slightly” trending pairs have some easy little entry opportunities to take advantage of that soft up movement.  For example the EUR/USD and AUD/USD have been “oh so choppy” but nevertheless continue upwards, therefore buy opps on these pairs come with the occasional dip to the bottom of the alligator/darma and even down to the central pivot point (the GREEN guy).  I have been following these choppy uptrends in this manner and it has proven to be a profitable method during these market conditions.

We have an entirely different situation with the other pairs, the JPY’s are all over the map, these have to be traded with the utmost caution and at best traded like we’re used to doing in the summer market.  Look for 1h crossovers and quick reversals, watch for the these pairs to reach the upper/lower most levels within the daily pivot range and look for entries from those quick bounce reversals.  The JPY pairs have been trading in a large range for approximately the last 5-7 months and the chop is starting to consolidate hopefully leading to a large break out, however in the mean time finding a trend is going to be pretty difficult if not impossible.

This leads us to the point that, in seeing the major pairs all over the place, we are going to be able to find good trade opportunities on some of the pairs I don’t usually trade.  We have seen great steady movement on the EUR/GBP with the EUR/USD and GBP/USD not being so heavily correlated with one another, definitely keep an eye on this one.  I see a good long term buy on this pair, it’s slightly overextended right now and is due for a small correction but the trend remains strong to the upside.

Pairs like the USD/JPY (which is a jpy pair but trades very differently from the other JPY pairs) is giving some great short term break out opportunities.  It seems this pairs likes to be the opposite, if the other majors are moving nicely watch out for this one but it they’re in turmoil then the USD/JPY can be a nice safe haven for traders to make a few pips while the others get sorted out.

Likewise the USD/CAD, which is a pair I NEVER trade because of the inherit volatility and unpredictable movement, is following the USD/JPY is turning into a nice pair to trade while the others are out of “whack.”  The USD/JPY and USD/CAD are giving some nice quick moves that have been producing some fair pips, which we’re “all about.”

Remember the market is going through a stage right now that will not last indefinitely so be ready to roll with the market and the changes it continues to make.  Traditional methods of trading always apply to this market, trend, support and resistance and riding the momentum will always be the best way but we have to tweak things just a bit given the market conditions.

Good luck and happy trading,

Jared J.

Sunday night, it’s in the works as we speak….

Sunday, September 13th, 2009

Hi guys,

I hope everyone had a great week and a fun weekend, the time just keeps flying by and I feel like I post a Sunday night video everyday… what happens with this “middle of the week” is beyond me!  Before we get started on market talk, you all should know that if you make it to Costa Rica you need to try the canopy rides.  Basically it’s a zip line from one SUPER tall tree to the next on a caple with a body harness… it’s wild!  I might be adopting after this little adventure but it was a real good time!  I took lots of videos and pics none of which i’ll be posting, it wouldn’t be condusive for you all to see me screaming like a little girl! ;)

Ok, onto the the topic of the evening regarding all these crazy pairs.  As far as the USD goes, I’m holding my bearish stance on that one for the time being, we’re seeing no reason to believe the trend is making reversals.  The day and 4h charts continue to be bullish with a slight dip in things right now which is good, it gives us a chance to get in a good price.  But i’ll talk about more of this on the video that is posted below, but first I’d like everyone to have a look at these articles on some of the pairs.

USD Weakness (daily fx)

EURO, Weak but still stronger than USD (daily fx)

Market update, aka… what I’m looking at.

Tuesday, September 8th, 2009

Hey guys,

As our normal schedule is a webinar tonight, I’ll be bumping that to later on this week, probably Wednesday or Thursday.  But keep an eye on this site and I’ll keep you updated with when that will be, also i’ll be trying to do it earlier in the day so more of you can attend.

Here’s a quick video update on a few of the pairs I’m watching, remember that we’re not out of the woods yet with summer trading but the recent movement of the EUR/USD and AUD/USD have at least broken the highs of the last three months.  So we have good reason to believe that the market is on the road to recovery but we’re not totally there yet.  However I am starting to look more for break outs and pull backs to the 12MA (red line) for entries.  Remember, buy on dips of these few up trends we see, and sell on the rallies of these down trends.  We’re probably out of the summer market enough now to at least be careful/against trading counter trend, we need to stick with the trend now because it appears that it is more prepared to manifest itself now’ish.

Ok, good luck and we’ll see you on the chat and remember, the webinar will still happen tis week, just a day or so later than normal.

Happy Sunday Night and Labor Day!

Sunday, September 6th, 2009

Hey everyone,

It’s been a crazy weekend for me filled with some crazy Costa Rican traveling but I’m back in action and ready to rock and roll! The markets have been pretty slow until this past Friday, we saw several USD pairs TANK as gold made a large run right up to the tip of the $1,000 mark, just falling short of making a break of the level.  Anyway, it’s something to watch for because when gold breaks that level we all better be ready to shoot our way through these summer levels and ride the momentum.

I’m working on the Sunday night video right now, it’s just uploading as we speak.  I discuss some important levels that are on the verge of breaking or have ALREADY broken!!  So don’t miss it, there’s very important details that we all need to be aware of in there.  Also, I’m starting to post some interesting articles I’m finding on forex websites that I think might have some relevance to what we’re doing.

So happy weekend and happy labor day and enjoy the material, here’s some links:

US Dollar: Will a Recovery in Liquidity Usher in a Breakout?

Australian Dollar Poised to Test Yearly High on Rate Expectations