Jazz Live debuts

@topgun yes its down a bit today. Trades are all as per system. Jazz can have a lot of small losers before turning positive. See the past of myfxbook. The system itsself runs on the cocept of "cut the losers and let the winners run". This is an alien concept to many retail traders. They will let the losers run and be happy thats is merely in floating losses. Jazz is different. It will sacrifice losses in short term before finding the runner. I was just replying to our very special troll called "@eamonitor" that Jazz is a trading system not his dad cash tree that it will make dollars for him when he pleases.

GBP has three PMI this week
First of that lot is done and way below all 25 reuters estimates. GBPUSD did not react but Jazz has been signalling the loss of strength in GBP. This can be best played against eur and cad and jpy/

GBPJPY, GBPCAD, EURGBP

Mega move coming on GBP. I kept warning GBP.

The trade to play is GBPJPY and GBPCAD. EURGBP is a not a bad choice but CFTC positioning may not allow it to bounce too much but ECB approaching so some of those shorts may flee. On EUR, Jazz has been powering on eur strength. This is why Jazz differs a lot from others. It reads currencies better and even when it goes against jazz for some time, Jazz is normally right. Its quite a predictor system.


But watch GBP this week.

Aussie has absolutely lost all footing and on a free fall on Jazz....we need to wait and see if it stabilizes or it will continue the free fall.

Yen showing the slightest of neutrality and could be the first signs before a retrace on USDJPY begins.

Despite a good PMI, gbp sells off...see the post before from yesterday about GBP weakness.

Now YEN is extremely oversold on Jazz meter. These are meter readings from which yen picks up.

US holiday getting over and astrader return, the first thing they buy is the USD.
Jazz saw this yesterday when it suggested the GB PUSD trade. Of course Jazz is a pure mathematical system and does not know the reason behind a trade. It purely reports what it sees.

GBPUSD will go lower.

A key trade to now watch is AUDUSD.

We are only trading jazz. Let their be no fear that we will put own skills into it. Its pure mathematics. No biases and no opinions. The downside of that is a surprising comment or a news or a rumor which has the ability to change the trend, can offset Jazz.

All kinds of rumors floating around on why GBP is selling off. Some r linking it to scottish referendum others are talking about the next PMI being very weak. Still others linking it to EURGBP move higher as ECB nears. In any case. GBP is very bearish. But it can get to oversold very soon at which points its best to close trades and wait. Do not judge EUR strength by looking at EURUSD.

On the Jazz system eur is a positive trade even now even if EURUSD has fallen to 1.3110.

EUR is well over +0.2 and rising. That means eur has considerable buying going on only surpassed by the dollar.

EURUSD could hit to 1.3155.

5% up and up and away for september. Jazz rules.

myfxbook: https://www.myfxbook.com/portfolio/jazzforex/973479

copier: http://copier.jazzforex.com
subscription: http://jazzforex.com/subscribe/

Now to the more serious affairs of the day:

Yen is oversold but not retracing yet. So dont trade it. wait for confirmation.

EUR is gaining buying.
GBP as I have been saying for the last 2 days that it is weakening significantly. It was at 1.6615 this morning. Now at 1.65. Thats why Jazz as a trading system can pick some big winners while cutting losses.
AUD as I have said before is losing its footing.
CAD is neutral.

There was a question posed to us this morning by someone to explain the GBPJPY trade which was out of money by 70 pips. The reason not close this trade at 173.8 was ebcause of the weakening GBP would pull GBPJPY to 173.3 atleast. That is exactly why we did not close. We still have one more GBPJPy for which the plans are different. Trading at Jazz is extremely methodical.

The fxblue site is a far better site for trading metrics.

http://www.fxblue.com/users/jazzforex

It has far more trading metrics and you can even break down returns by days and weeks.

Myfxbook is useless piece of crap. May remove it completely.

The fxblue page is updated.

Take a look at GBP. You wonder why we make as much money as we do.

-This is a case of live backtest of the system. GBP was picked by Jazz beautifully. See how much money we made on GBPJPY, GBPCAD, GBPUSD, EURGBP

http://www.fxblue.com/users/jazzforex

Septmeber is already up 5%. It will make its 20% return without a issue. Get online if you want to make some returns and make some money.

Repeating myself.

Jazz is a far superior trading system to any thing else on internet. No system is designed to make returns at the pace that Jazz makes. Having said that, it can have its drawdown. The DD will not exceed 25%.

http://jazzforex.com/subscribe/

Closed GBPCAD for 1% gain. Total returns for today cross 6%.
http://www.myfxbook.com/members/mark...zzforex/973479

AUDUSD closed.

returns for 7% for today.

http://www.myfxbook.com/members/mark...zzforex/973479

If you guys are planning to join, subscribe and get yourself online. The VPS hosting that we offer is top quality so if you have issues in setting up, we are around.
Jazz will makes it 20% for sept without much issue. Just see what it did today. It has been doing that over and over again for the last 2 months and this is the third month. Last week we did try some non jazz trades which gave us a DD of 15%.

Before you join, lets be clear on what jazz is:
Jazz is an aggressive forex trading system. It can have a max DD of 25%. It cuts losses fast and lets winners run. It is ruthlessly superior trading system which is why it can take higher lots per trade and therefore a very high return rate. The system itself is high mathematical and no personal biases are involved. This live backtest on FF has been going for over 850 trades.

Join with your eyes open. Dont jump up and down like @$#@ ape if you see a DD. This is a special reference to trolls here who tried to hijack this thread.

Jazz picking up some strength in Aussie but given the low volatility, its not easy to read if its sustainable.

Significant dip in volatility in Asia. Trades are reduced as we wait for a pickup. Watch out GBP PMI data. This is the third of the series. Aussie strength is neutral but given the low volatility, Jazz is sitting by and watching.

Jazz is agressive but it can wait for long periods for setups to come up.

http://copier.jazzforex.com

The move down on GBP would have hurt tonnes of retail traders. They have been sold the bullish UK story for weeks and weeks now. But it has fallen a incredible 800 pips without a big retrace. Every time it falls, brokers would tell their clients "b uy the dip buy the dip" because UK will raise rates. Thats why you never should never have an opinion on a forex pair. The broker knows s#$@. He is a clueless monkey only trying to make his commission and also acting on behalf of some other of his richer clients who are trying to get out of a position.

Jazz is probably the rare trading systems which purely goes by pure math. It has no interest in seeing what others have to say on a pair. It trades what it sees. Then it marries the concept of cutting losses early. No ganging around. This is absolutely vital for any trader. Cut out losses. But once you find a winner, let them run.....Its the winners that make you returns not the hanging around losses for weeks and months. This is not a stock market that you can buy a stock and forget it. Forex markets are tough markets due the leverage in the markets and therefore you have to get it right else leave the pair immediately.

http://jazzforex.com