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

EURJPY

Ok finally got the flush with the 30min cycle now we can be more aggressive on rallies on 1min /5min

Trades taken today GBPUSD EURJPY

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EURNZD
Covering some here also same reasons oversold take profits.

EURJPY failed at Pi another great longterm call by us...sell rallies here over the intermediate-term

covering euros in here guys across the board meaning against most of the other pairs EURGBP EURJPY EURNZD EURUSD im short it all




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EURNZD
Covering more -so oversold straight down nice gains here though.



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EURJPY

I covered a little more here on the low...I've covered taken profits on 1/2 of my core short here.





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EURGBP

I covered some here too of course this morning...this can still go lower with the cycle too.

I covered all my EURCAD in the live room this am...we've been short there since November 2nd. Booking it

I stopped out on my Dollar Cad earlier also. This is and was my only losing position out of 9 positions on FX. How's that for a model? I don't like it below the bands now on the daily it can fall to 1.31. If it holds here and reverses so be it...I'll get back in, but for now I'm on the sidelines on this pair.

Big day for us and the model...8/9 on my open positions in FX - good work guys.






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Another nice profitable day of daytrading for those on the Full Access Team - another winning session in the room...this trade we did was on the euro after the big move we went short, this was good for +60 pips


this is whats possible in our sessions we have a goal of 1% a day on just our daytrades here's another great example today ...
This is very achievable guys you can do this....join the Full Access Team let's get you on your way

EURUSD

I covered 90% of my short here slow sluggish day in the markets, not getting greedy taking most off down here.

I covered all my short here also on EURJPY it just is dead not moving we scalped it around for some small gains.




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EURJPY
Take profits here on new lower lows if you are short with me daytrade.

Going long some euro here as the trend is bullish nearterm. stop below that pivot we just created.




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EURUSD

Taking small gains on this micro daytrade at new higher highs.

I sold another piece swing trade here adding to my core short on Aussie its pretty small position still.



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Taking some off what i scalped back on that dip...pretty much nailed every move this morning on eurusd and eurjpy




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Tonight's Update








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