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Thursday, 5 March 2009

Coming down the other side of Mount JPY and partying with my people!

Good evening ladies and gentlemen

Well done to those who got plenty of loving from the market today. There were a lot of interesting moves and plenty of opportunities if you used your smart money arsenal!! If not ask your self why not but remember there is always tomorrow!! Take note of any news items coming out!!!

Yesterday I looked at my ascent up Mount JPY but today the descent was just as sweet! It didn't reach as far as the RN as i had anticipated but remember trading is not an exact science! However, the appearance of several friends at the same time, including Mr Derek Divergence and Body Popper 123886 looked too appealing to not party with and boy were they on form!


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Those same friends made another appearance on the CHFJPY. I never say no to another party! A smart money trader will be able to use his arsenal on different time frames as and when a smart money entry appears. My name was on several time frame guest lists but I chose to enter on the 4hr party! However, I found it easier to manage and lock in profits elsewhere!






As always to get the right loving you got to do the hard work yourself! A friend can only put in a recommendation! Always do your own analysis! Trust it and learn from it!

Well done to fellow JMA Richard and anyone else who got the answer to the riddle. It was "defeat" and was said by George Edward Woodberry.

Todays riddle was said by a well known American publisher:
"Failure is ______ if we learn from it!"
Answers tomorrow.

Abundance is your Birth Right

Zaheer