Archive for October, 2009

Webinar Today, come join us!

Tuesday, October 27th, 2009

Hi everyone,

It’s Tuesday again and that means webinar time and we have LOTS to talk about on this upcoming webinar!  We’re going to be going over some interesting trading techniques but most important we’ll be covering how to get the most out of the website and how to login/use all the features.

Don’t miss it!

Tuesday, Oct 27th at 5:15pm pacific time

(check www.time.gov for exact pacific time, being that some are in daylight savings and others are not).

Register for a seat here,

https://www2.gotomeeting.com/register/511260243

This has absolutely nothing to do with trading…

Wednesday, October 21st, 2009

As the title mentions, this has nothing to do with trading it’s just a good time!  If I were a cop, I would PRAY for one of these experiences!!  It’s funny and clean so don’t worry….

Upcoming Webinar, Tonight…. As Always! ;)

Tuesday, October 20th, 2009

Hi guys and gals,

It’s Tuesday and that means it’s webinar time again!  So for those of you that aren’t tired of hearing my voice then you should join us!  Last week we talked about some very important principles that have helped many peoples trading this week…. so there you have it.

Webinar will be held at:

Tuesday, Oct 20th at 5:15pm Pacific time.

Register for the webinar here:

https://www2.gotomeeting.com/register/407853499

Sunday Night and all is well!

Sunday, October 18th, 2009

Hi folks,

It’s Sunday night again folks and I just re-realized that I’m still NOT in Costa Rica!  Oh well, it’s still good to be back.  Since I’m not in Costa Rica unfortunately I don’t have any crazy stories involving swinging from trees or running from swarms of mosquitoes, just here chasing Tank around and following all these charts!

Ok I’m working on the video right now and as of this writing the market hasn’t moved much if any.  So I’m still gathering details and information which I’ll have up on the site in a few.  But keep your eyes on the market, I feel like this market could be setting up for some changes in the coming week so we might all have something “special” to talk about.

And we’re back.  In looking at the markets I don’t see a great video to make tonight because I think the markets are at a crucial point and we need to see how things go over the next several hours to determine how the week is likely to start.  I’ve been doing my nightly research and have read until my eyes almost popped out of my head and there’s many interest comment and views out there (always to be taken with a grain of salt).

JPY: One big question on everyone’s mind is “where is the JPY going?”  Well that’s a good question and there’s always MANY factors that play into the JPY, as with any currency, but the Yen is a special case.  Take the following into account, (click on link to read, and DO read it!)

Need to know about the JPY

USD: The next question we have to wonder and ask ourselves is how long is the USD going to TANK?!  Is the refuge within the weakness of the Dollar?  If so when will a turn around of this never ending downtrend on the Dollar index turn and give relief for a reversal.  Here’s an interesting note, although it’s an article from late last week there’s some very important points made,

The trend of the USD, how long can it last?

USD putting up a good fight (an interesting point made about usd/jpy here)

Also, you pretty much just need to visit Daily FX, there’s LOTS of good reading on there this week. www.dailyfx.com

Like I said earlier, there’s some crucial movements that could take place over the next several hours so it’s going to be a “watch price action” kind of a night to see how things go.  There’s little to no evidence at this point, but I’m starting to look for a USD reversal especially against the EUR, so I’ll be trading that one with caution on upward movement.  So lets watch the markets this evening and see how things go, if little to nothing happens this evening/night then we could be in for some big movement this coming week.  As mentioned in one of the USD articles, the USD would have to rise 3% on the Dollar index to confirm a turn around, that’s a LOT!  So we’ll follow the trend but be very sensitive of break outs in either direction on USD pairs, some of that reversal movement could start to sneak around and work it’s way into the start of the week.

Ok, watch and wait and remember that patience is a VIRTUE in this market so put it to use! ;)

Happy pippin,

Jared J.

JPY pairs update

Thursday, October 15th, 2009

Hey guys, here are some pairs that could have some quick short term gains, have a look at the video and go for it!

Jared J.

Archived Webinar, recorded earlier today.

Tuesday, October 13th, 2009

Hi everyone,

Thanks to all those who participated in the webinar earlier today, for those of you that were unable to attend, here’s a recording of what was covered.

View the webinar at the link below:

https://www2.gotomeeting.com/register/560054995

Webinar Tonight, Be there or be square!

Tuesday, October 13th, 2009

Hi Everyone,

We’ll be having a webinar tonight where we’re going to discuss some new trading techniques, discuss the new service (which is almost released!) and cover some trading basics/some pairs to watch.

The webinar will be held at:

Tuesday, Oct 13th at 5:15PM Pacific time.

Please register for the webinar here,

https://www2.gotomeeting.com/register/560054995

Sunday Night Update

Sunday, October 11th, 2009

Hi Folks,

Jared here reporting on our Sunday night situation.  Well, as travel and modern flight schedules would have it I ended up getting delayed, missing a flight and eventually taking an extra day to get back from Costa Rica.  So I am just getting to the charts as of the last few minutes (it’s currently 10pm Pacific time) so I won’t be doing much of a Sunday night update this evening.

In looking at the charts it’s apparent the JPY pairs are the movers of the evening for sure, most have already nicely broken above the highs of Friday by around 40 pips at this point.  Many of those JPY pairs are in slight to strong downtrends so be very cautious with looking for long runs up.  The AUD/JPY is showing signs of following the latest movement and continue up while the USD/JPY looks as though it’s could only be making a correction on it’s large trend before heading back down (it’s currently at the point of bouncing off the 4h gap).  Remember, when you have varying disagreements on similar pairs that’s usually a sign of WHAT OUT!

The Markets are at a point of many possibilities, one being holding onto the current gains seen in the USD and the other hand those gains could be nothing more than corrections.  Here are a few interesting articles to consider,

Will USD gains hold on?

What about what the USD is going to do in relation to the FED’s involvement and possible exit points seen in the future?  Could this give rise to a MAJOR trend change?  What could the effects be?

USD Bounce and Bernanke

Ok guys, that’s what I have for now.  Monday is Columbus day so the banks will be closed but it’s ok because we don’t trade on Monday anyway.  But I’ll be catching up with the markets and stay tuned because we’re only days away from officially starting the new service and, I for one, can’t hardly wait!!

Happy trading and we’ll see you on the chat,

Jared J.

Pre-weekend Update/Adios Costa Rica!!!

Thursday, October 8th, 2009

Hi Everyone,

It’s Thursday night and I’m watching my AUD/JPY trade go nicely up through the monthly highs while I pack my things to head back to the US of A.  After two months in Costa Rica I’m positive it’s in my blood, I’m already planning the return trip because as hard as I’ve tried, I can’t seem to find many complaints with living in paradise on the beach… ya feel me?

Anyway, I just wanted to say “good job” to everyone this week so far, you’ve all been very active on the chat and some great ideas have been thrown around which translated into many of you making some very nice profits.  I’m very excited as I count down the days before the new service is officially up and running, I really look forward to working more closely with all of you and, together, making some MAJOR PIPPAGE!!

I’ll be traveling from Friday to Saturday because I have to make some stops here in the big CR before heading all the way home so I won’t be on the chat.  But keep at it, many of you have some great advice to share so keep on keeping on and we’ll all catch up for the Sunday Night trades.

Happy pipping and here’s a little parting picture of good old Costa Rica,

PS, this was the day we went on the zip line… YIKES! ;)

Jared J.

the ZIP Line in Costa Rica

the ZIP Line in Costa Rica

Webinar From Tuesday, 10/6/09

Tuesday, October 6th, 2009

Hi everyone,

For all those that missed the webinar here’s the like to view the recorded version, pull out the popcorn and go to town!

Click on the link, follow the prompts and you’ll eventually get to the recorded webinar.

VIEW WEBINAR HERE

Enjoy,

Jared J.