Reverse — I believe we are in the middle of a directional change here. Time to be carefull. I am short E/U +37 so far and watching it like a hawk. Jim

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Good Morning — Hello everyone, Lynette has graciously volunteered to be a moderator in here. I am hoping to get one more. I guess we need to get her a crown or something....LOL She has a lot of expierience and from what I see she makes good ...

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Spike — It was movement off the GBP news at 4:30 AM. Jim

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A non greed formula — You can use this system and be lucrative as long as your not greedy. If you are greedy and abuse it, it will abuse you. Its why most traders fail. It looks like it is sooooo easy, it lures them in and lops off their ...

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Never — I never leave them on, I will make sure the news is going the right way and then place the order. I placed this order at 4506, 5 minutes after the release. I new the GBP news was going to move the EURO also, so I waited it out. Jim

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How many Bars — Someone asked me how many bars to wait before you cancel the trade. I said usually 2 or 3 but I have taken trades after 9 or 10 bars pass with exception. This is one of those exceptions, when they consolidate before news ...

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EU IB — I took the delayed IB on E/U, did anyone else? Jim

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EU — E/U is closing in on the 61% Fib level of that 3 month move down. Jim

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I got busy — Wont be able to go thru that tonight, Be in and out. Still looking for someone to help moderate this room with me. When I find someone who wants to do it I will get into bigger and better things. Jim

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News — News that will affect all of these pairs in 15 Minutes. Beware. We will have some trades then. Jim

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E/C — E/C had a nice counter, but its one I dont usually trade. Jim

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Just remember — Sometimes they just aren't there, to stay away during these times, separates the 20% winners from the 80% losers

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Lots of pairs are either at or around the DPP — We probably should wait here, I am considering pulling my pending order on UJ, Why, because E/J is headed down. Jim

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The Hellevator — Check out this one on the Hellevator. Got the 89 bounce came thru the DPP and broke the IB. WOW. Bad thing is, t takes more than I got in my account to trade it right now. Jim

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Straighten it out — Re adjust your trend line and you will see that the R1 is achievable. Jim

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Absolutely Not — The only way I will take a counter like this is if I was babysitting it all the way. And that is what I am doing. Jim

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Yea — Thats what we want a nice bounce off the DPP. Notice the Higher Highs and Higher Lows indicating a T.O.M.

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WOW — I would think real hard about that one. Jim

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IB — Nice IB on U/J, probably gonna have to say long here. May be a rough night. Jim

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Pairs Reversing — At the moment we are trying to find a trend. I am out of the market at the moment. Jim

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