January 9, 2011

Another year of trading…

100_12002Hello Everyone,

Sorry for the absence but been on holiday visiting my family in Deleware. (my mother was feeding me like 6 times a day)  :-)

I can't belive that 2010 has come and gone,  Even more so I can't believe how the last decade has flown by.

The end of a year always brings reflection about whats important in life.  It also is a time to decide if we are on track or not with our goals and desires.

For me I had to do some serious thinking as whether I want to keep my online blog and trading business going.  Here's why…

As the late comedian Rodney Dangerfield used to say, I can't get no respect!".  Let me explain…

I've been posting my market reversal levels for 4 years and… If traders really take the time to study the technique videos I post and apply them   they can make some really good money.  In fact, I've had traders tell me they've pulled in an extra 100, 200 and even 300 pips or more in a week.   Keep in mind I don't ask one thin dime for this.

With that said I maybe get about a half percent of my readers acknowleging what I'm doing and yet on the rare occasion I reccommend a product for someone to look at I catch shit for daring to make a buck. Kind of takes the fun out of thngs and makes me question why I do what I do.

I run my online trading biz for 3 main reasons.

1.  As an additional revenue source.(Diversify, diversify, diversify)

2.  It improves my own trading tremendously.

3.  Trading is my love and passion and really enjoy helping others learn it.(Please don't tell my girlfriend that I have a mistress) 

Because of my passion for the markets I'm going to keep going for another year but I need your help…

If you've been a reader and never contacted me, drop me a note to say hi. Sometimes I feel like what I'm doing is falling on deaf ears so the feedback keeps me going.

If there is something you would like to see me talk about or teach let me know.  Once again, teaching all of you makes me a better trader.

Anyway…  Here's to the most prosperous year yet!!! 

 OK… Let's get to my MARKET REVERSAL LEVELS…

Jeff Wilde

 


Key Market
Reversal Levels for Jan 10 - Jan 14

 

GBP/USD

EUR/USD

USD/JPY

GBP/JPY

EUR/JPY

Turning Point Down #3 1.6139 1.3789 85.34 133.20 115.00
Turning Point Down #2 1.5919 1.3492 84.50 131.60 111.75
Turning Point Down #1 1.5675 1.3236 83.68 130.00 109.40
 
Turning Point Up #1 1.5336 1.2800 82.33 127.88 106.00
Turning Point Up #2 1.5000 1.2580 80.93 126.40 105.00
Turning Point Up #3 1.4750 1.2250 80.22 125.00 102.50
           
Intermediate Trend
Direction
Down Down Up Down Down
Major Trend Direction Up Up Down Down Down
 

***VERY IMPORTANT:  If you are new to our forex market forecast service I urge you to get up to speed on how to get the most out of it.      This will also explain what the abbreviations I use mean. To get all the details click this link:

Here is a video that will teach you how to get the most out of this newsletter. TO VIEW CLICK HERE:

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