Archive for December, 2009

Year end round up, adios 2009….

Wednesday, December 30th, 2009

Well here we are at the tail end of 2009, where does the time go?  I am either getting older therefore time is passing more rapidly or I’m getting older so I’m forgetting about the days, either way it’s a bad case scenario for me! ;)

Ok guys, we’re in the midst of low liquidity trading and the markets have been up and down and all over the place, very common for this type of trading.  I hope you have made some pips and not let the market take anything out of your “pot”.  I’m keeping my eye on the markets but have opted to stay out this week due to the type of market conditions we’re facing, some of the movements haven’t been half bad but conditions are too unpredictable to know what to trade and what to stay away from.  So I hope the conditions haven’t been too crazy for you, may the PIPPIN continue.

Here’s an interesting article I read about the current conditions, plus it just has some good information in it, have a look:

KEEPING TABS ON THE USD

As for the live sessions we’re doing with the group, we will be doing our first Sunday Night session EVER so don’t miss it!  As many of you know, especially those that have traded with me and done trainings with me, I have a very specific way I trade the Sunday night session of the market.  In fact it was a Sunday night that I made 1,000 pips (that’s right, one thousand pips) on the GBP/JPY, there have been many GREAT runs right at the opening of the market for the week.  So the point of all this is, for you paying members, be ready because this coming Sunday night is doing to be some serious business.

For those that are not paying members or my group, I am doing 24 hour trials of my service, that time usually gives you about 2 live trading sessions to with me to “test drive” the service to see what you think. Anyway, for those not part of the service email me and let me know if you would like a trial of the sevice.

For those members, trade cautiously the rest of this week and be ready for the Sunday night maddness that is upon us!

Happy new year to all and to all a good night (I feel like I’ve heard that before…)

Jared J.

Update for this week, more to come….

Monday, December 28th, 2009

Hi everyone,

As mentioned earlier we’re in the infamous week between Christmas and New Years and trading can be very difficult and even TRICKY!  Tricky usually takes our money so I recommend if you’re new at this trading game to definitely stay out this week, if you’re experienced… probably still stay out.  Better safe than sorry, but the market is worth having a look at, thus I’m posting the video and giving my outlook on the markets and what I see happening possibly this week.  Take it with a grain of salt, these holiday times can be quite elusive so beware.

Ok, here’s the market update video and the possible trading opportunities I see happening this week and even tonight/tomorrow.

Click on the link below for the market update video:

>>>Market update video<<<

Also, here’s an interesting article about some of the possibilities of this week and what the other markets are telling us.  Remember, there’s LOTS of good information out there you just need to know where to look and Boris and Kathy are a great source.

XMAS Week Trading Possibilities Article

I’ll be keeping my eye on the market but this week is a very interesting and potentially crazy one, as for the live group we may or may not do any live sessions due to market conditions.  So trade with caution, that’s all I’m saying.

Jared J.

Happy Holidays, I hope you all had a good break.

Sunday, December 27th, 2009

Hi everyone,

I hope you all had a good vacation and enjoyed some time off, I sure did.  Although Christmas usually isn’t much of a break… especially when you’re a last minute Christmas shopper like me :(

Anyway, given the uncertain market conditions I will not be trading the Sunday night set ups like usual.  The markets could make some good moves but past experience indicates that these moves can be risky and very difficult to trade, so if you choose to trade these set ups do so with extreme caution as the volume of orders in the market will be considerably less than normal.  Break outs can be false on a very sure/typical set up, so be careful and we’ll watch the market this week to see how it behaves.  If there’s a surprise in movements then I’ll post our upcoming trades for this week, if not then we’ll just keep an eye on things and play it by ear this week.  In past years the week between Christmas and New Years is a very quiet, choppy time that is virtually not trade-able, so we don’t want to mess with that type of situation.

I’ll keep you all posted, Merry Christmas and Happy New Year!!

Jared J.

Market and Webinar Update

Tuesday, December 22nd, 2009

Hi everyone,

This is our typical Tuesday which means it’s WEBINAR time, however with the Christmas Holiday upon us and all the craziness going on, I’ve decided to cancel the webinar and resume it after Christmas.

Next, for a little update on how we’re doing this morning we jumped in the USD/JPY for the homes sales announcement which gave the market a quick run up, most took 10-15 pips on that one, it was a small quick mover.

Then i entered the AUD/USD as it broke a key support and took a partial profit of 20 -/+ pips and let the second half of the trade run down to it’s target of 35 pips, we’re still currently in the trade.

I also specified levels on the GBP/USD and EUR/USD which both broke and made good runs but we were already in two trades so as a group didn’t enter those.

The video updates are also turning out some great pips, yesterday on the USD/JPY i specified a level which many entered and took 35-50 pips on and it continues to move.

Being the time of year it is, holiday trading is tricky at best so keep an eye on the calendar and we’ll trade as much as the market will allow us but Wednesday may or may not be a trading day, i’ll update everyone asap on that.

By the way, here’s an interesting article on Christmas trading, it’s called the Santa Claus Rally:

How Does The Santa Rally Affect The Dollar?

Happy Holidays everyone,

Jared J.

Sunday Night Video/commentary

Sunday, December 20th, 2009

Hi everyone,

Here’s the Sunday night video, click on the link to view the video and the commentary is on the way.  But have a look at the video for right now.  As for details about Christmas trading, volume in the market usually drops the week of christmas by two thirds, so look for short moves and beware of the choppy markets.

Sunday night video:

>>>>CLICK HERE TO VIEW THE SUNDAY NIGHT VIDEO<<<<

Ok everyone here are a few details to keep an eye on as we go into the end of the year and especially into the new year.  The markets have made BIG moves and many are wondering if there’s a more to go on the USD or if this was merely a correction of this endless down trend of 8 months with the green back.  So here are some interesting facts to keep an eye on:

Will the USD continue? Click here to read more

Also will lack of liquidity allow the USD to continue or will the run end?  Look at this one:

Lack of liquidity, will it stop or push?

How about the EURO?  This pair has taken one of the biggest beatings of all in the market lately, it looks like the movement has officially turned but is there more to come?

Euro forecast bearish….

There’s no telling how the market will behave this week with Christmas coming on Friday, we could see some good movements but don’t expect it.  As you’ll see in some of these articles, liquidity is much lower during the week of Christmas so just play your trades carefully and remember that it will be a bit of an unpredictable time.

The some great movements should start at the open of the market at the beginning of the year, there could easily be some surprises before then but don’t count on it.  But we should see some more solid directions taken at the start of the year, but some IMPORTANT numbers will be NFP for December which will be released Jan 8th.

Lets see what happens this evening and into Monday, happy pipping and we’ll catch you all on our live events coming up.

Don’t forget to keep an eye out for CAD retail sales coming out Monday morning.

Jared J.

Sunday Night again, welcome back!!

Sunday, December 13th, 2009

Hi guys and gals,

I hope you all had a great weekend and got some good rest, the market is ready to help us NOT sleep again this week.  We saw a great Friday this last week with LOTS of great movement, most of us made some GREAT pips on those moves between the EUR/USD, AUD/USD and even the GBP/USD.  We had a great end of the week run in the group, it was great.  Now the question is what’s next for this coming week?  Well have a look at the Sunday night video to at least get you started on this venture and we’ll have many opportunities this coming week to discuss what to look for.

The video will be posted first followed with some econ articles a few hours later.


Sunday Night video and commentary

Sunday, December 6th, 2009

Hi everyone,

I hope you all had an amazing weekend and got some rest, especially given the fact that we’ll be watching the UK trading session a good amount this week… Sleep will be a luxury this week! ;)

Ok here’s what we’re looking at in this market as of current.  Lets start with a little recap from last week starting with the JPY pairs RALLYING all week long, giving back those HUGE gains from the week before.  The marriage in the currency pairs is a give take at the very least, we’ve just seen the various pairs make LARGE gains and give them back leading to quite a choppy few weeks of trading on the major pairs.  Then we had the US Job numbers come out Friday with very surprising numbers, the expectations were tens of thousands of lost jobs for the month of November with the surprising result of ONLY 11k jobs having been shed for that month.  The kind of reaction in the market was, to say the least, an unexpected one.  Positive news has been unable to turn around the ever weakening USD for MONTHS now but with year end approaching, the tides seems to finally be settling.

As we have spoken many time, a trend can only go for so long in one direction before it HAS to reverse or at the very least retrace and relieve the pressure of endless momentum.  We have seen the DXY (usd index) at record lows for months and continue to get lower, with a 15 month low on the usd index it was about time to start looking for some turning points…. This dog could finally be having his day.  Read what Kathy Lien has to say about the USD turn around:

Is the reaction from Friday the pivotal start of the reversal with the USD??

Next Step in the USD:

Here’s a little more chat about the USD, is this run down cyclical and part of what we see currencies do on a regular basis?  Of course!  Here’s more on that:

Dollar makes BIGGEST rise since June

What about Gold, this is a buzz word as we’ve seen major gains on the metal which has far exceeded anyone’s expectations.

Gold Tumbles 4% On Friday

As for some specifics on the currencies themselves, what about the AUD and the future of that pair that has shown nothing but strength for several months?  Well even with rate hikes in interest rates and continued positive data, there could still be some surprises coming:

Read more here,

AUD could lose ground due to carry trade

As for the EUR could this be it’s turning point or just a pull back in an ever increasing uptrend?  As we’ve spoken in the live group and on countless videos, the simple facts remains that nothing can go up or down FOREVER, at some point things need to turn.  It appears that we’re finally seeing that materializing…. read more,

Euro at the Mercy of the US Dollar and Risk Appetite

OK so there’s lots of data everywhere supporting continued down runs and up runs in the USD, with the majority definitely starting to look to reversals on this pair for a final “taking back of ground” in a currency that has lost much over the past several months.  So read through the above articles and links, know the data and numbers and now lets look at the video so we can take advantage of some upcoming movements in the market as the open is upon us.


Happy Trading,

Jared J.

Webinar Tuesday, who’s coming with me?

Tuesday, December 1st, 2009

It’s Tuesday and that means it’s time for a webinar!

We will be meeting today at:

Tuesday, Dec 1st at 5:15pm PST/1:15am GMT.

Click on the link below to register/join the webinar:

https://www2.gotomeeting.com/register/739823211