Cycles and Time in Trading- The JRM Trading Model - FX

I was re-shorting GBJPY here on 15min and 30min cycle hasn't rolled yet but I'm bidding below the market to book some day trade games on 1min - bidding below the market.

A lot more green there....pretty much daytrade flat now going for a run 30min and 15min cycle are low will check back in an hour or so....

Here are our results today for the Trade the Open session (9am-11am Tue&Thu) pretty good results for just 2 hours trading.We were daytrade short GBPJPY, we covered S&PS then resold 2145 area that went to new lows and we shorted long bonds ( is shorted Ultras) took stops there on the bond but we are also long swing for those in the ATM room so net net nice day today.






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The Euro had a nice pop this morning we sold into it. I've been saying the last 2 days we were oversold EURUSD and we wanted a bounce after taking some profits to resell. Well we got that bounce this morning and we re-shorted into it on the 1 hour and 4 hour charts. Im prepared to sell more if we bounce further but so far price is coming off like that might have been another subsequent lower high.

Here's a video I did this morning an update on FX markets...

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Morning update 10/27

http://https://youtu.be/kAclAqcjOug


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Pretty much at breakeven on the day here still have not a got a turn and breaking pi on 5min is not very encouraging I'm small long only just waiting to see if we can make a higher high on 5min

End of day Market update.

Hitting it harder up here on Euro....just sold more short from 1.0984 now is my core short avg cost.



Going daytrade short Euro too and I want a bounce to short more.

This has been one of my favorite pairs to be short this year. We are crushing it on this cross. Take more gains here after failing at our Pi line - AGAIN!

I'm going to be pretty heavy on my size back here at Pi on the 4 hour. I sold some more in front of 1.11 here like I said we may see. This is a longterm and and swing trade for me so this size is much larger then normal. I'm going to hit it big again at Pi line.

I still like being core long USDTRY and I am. Waiting for new higher highs to take more profits.

This has been a nice swing trade short for us. I wish I was playing this one bigger size - nice move. I booked all my gains this morning on this pair. We will get back involved on the next bounce.

I took a stop on GBPJPY this one is just chopping back and forth has me offside. I'm leaning short now with the Daily cycle. I've been playing it small and not much involvement its just choppy.

I booked small gains this morning here also - kind of wish I was more long also off the lows. NZD so strong oh well on the next dip we will buy more.

Morning market Update

Guys New Position Swing time frame. Short here top of the daily cycle and top of the risk range. Stop above 1.4925. On the downside we cover when its oversold and low within cycles so no targets. We want to add to this when permitting.

USDMXN Bought a little back here bottom of the hourly cycle. I'll buy more lower. If i buy say 100k on the 1 Hour chart usually I'll buy 2x or 3x at the bottom of a 4 hour cycle.

EURGBP Covering more taking profits. big day here.




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