New Forecasts by JLines

[JLines]

Hello moneytec i'd like to introduce myself to the forum. I have been reading the site for some time now finally have extended my concerns to the forex market along with equitites futures.

I would like to say that my expertise in pivot points is my basis for my trades.

My trading method is based off that of jesse livermores pivot points trend/recovery moves.

I have it automated with wealthlab seem unable to do so with metaquotes so my trades will have to be done manuall which is all fine.

I will only cover one p Eur / Usd for now since i do trade focus on the markets most of the day.

This forum has helped me immensley with adjusting to how the forex market behaves so i'd like to adapt my method to forex share with the forum for awhile.

Special thanks to
Iris for your postings
Top notch sir Top notch

[Iris]

Hello JLines....Welcome to MoneyTec... Thanks for the Kind Words.

Look Forward to your Research/Analysis...

Again Welcome Aboard to Intraday Recommendations.

Best regards

Iris

[JLines]

Thankyou Iris i hope once you see my analysis(Mostly TA) if you like it i hope we can work together to provide great commentary.

Currently publishing a chart for the forum to see

[JLines]

Analysis on the current state of the Euro
Please Read Iris's thread for fundamental view as his analysis coincides with mine that this is only a natural rally for the euro that any break above 1.2350 would cause uptrend dialouge to start.

[JLines]

Updated outlook post friday close

[JLines]

Break of 2180 again i will add to shorts 2148 is another key resistance point to which if broken i will add more shorts. Keep posted

[JLines]

Did very well today with an average of 50 pips while pyramiding all the way down at the points indicated in previous posts. Here is up to date what i am seeing.

[JLines]

In the process of automating the jesse livermore method of pivot line trading that i have been using to profit in other investements for forex this past couple weeks. Forex is a little different so i will be working on it for about a week or so more. I will have the autotrading signals up then.

Then i can run the program for the major 4 forex ps against near 20 years of data to see what #'s i get.

Should be good stay posted

edit:
Please note automated does not mean auto trading since i firmly do not believe in automated trading. Trying to quantify this method works only so well let alone letting a machine trade for you. Testing it is only for rough forecasts of how this method will do in forex. This method does have a degree of feel for the markets so the #'s are not exact since i repeat this is not a pure mechanical method.