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

USDJPY
here's the 30min back at Pi great spot to go contrarian near term long

Stopped its not holding Pi

Cover some EURNZD back here taking some profits after selling into the pop.

We pretty much nailed every move this morning on the Full Access Team. Went contrarian long with the cycle turn this am rode it to the highs then flipped and went short with the cycle and trend and added on the break and BCI setup.





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Over +150k in open P/L . All these positions have been established in the last quarter also or since September




Join us tomorrow, Nov 28th to see our model live at 12:00 EST!

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USDMXN
Taking 1/4 of my profits here out of our long sell into strength buy on weakness.

GBPUSD
This is a new swing short position based off the daily cycle and hourly cycle. Just my first entry I'll enter in 3-5 lots. Risk or stop is above 1.2680.

EURUSD

Taking more profits here into the low support.

GBPJPY

Just took more gains into the highs out of my daytrade long just a small position left.

EURUSD
Covered back half of my short ...its loosing steam getting choppy



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EURUSD
I covered that piece from this morning we sold on the high.

EURUSD

Selling into this bounce now again after covering into the lows...

Hello Jason

After reading about you I am more inspired now. I am a 33 year forex trader who is passionate about trading. I am in it for last few years both as a trader and also as a promoter. I had my share of high and lows as a trader but I kept working on it. Then came a time I started to break even and I was very happy about it Then came 2016 and I managed to develop a price action system on longer time frame back tested it and was amazed at the results. In last 2 years the maximum cumulative draw down was only 10% and average draw down was mere 5% while monthly average profit for last 2 years was 10%. I traded the system live this month and profit 12% and draw down mere 1.42%

But you are too experienced and successful trader in comparison to me. I will value your suggestion and guidance. Do you think price action trading based on candle stick measurement is a stable trading system and if a system showed profit for 2 years can it sustain for a longer time period?


I would love to hear your thought on this.

cover some euro here if short

Covering more Euro here swing timeframe. Taking profits.

Added to my new swing and core short the Aussie here nice daily sell setup.

USDCAD
Booking gains on what I signaled to buy this morning in the live room.





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EURGBP

I covered 1/2 took more profits of what I left short here I'll resell the next bounce of course.

NZDCHF

Closed out this entire position for the time being into this topping tail which is one of the many setups in the model to exit or realize profits. Over +200 pips on this last go around.

EURUSD

Trade of the day video