MESSAGE FROM JACKO 449

It is 1.00am NY time Tuesday September 15 and the market is at 1.4617

The market is really struggling to get clear of the 1.4600 area. I am currently still on the sidelines but I believe that the bullish cycle which started on September 1 may have peaked. The market is definitely struggling to make higher highs and we will now start to see the initial signs of a correction. If London starts to show weakness, I may be a SELLER at 1.4600 or higher.
I am possibly jumping in a little early, but any correction will be reasonably quick to start and I don't want to give away too many pips by being too slow

Edit 3.00am NY time Market is at 1.4615 As stated above, I believe that a correction is imminent. The market has been struggling to make higher highs and the bulls should be ready to capitulate for a short time very soon. I have the choice of waiting for the market to retrace and then go long. However, I believe that the potential for a retracement is much higher and the reward is to the downside. This is a Counter Trend trade so if you have a low risk profile, I suggest that you wait for the market to retrace and go long with theTrend later. I will be a SELLER between 1.4600 and 1.4620. I will be sending out initial SMSes soon.

Edit 3.15am NY time I have just SOLD at 1.4615. I have a 100 pip Stop Loss. This is a Counter Trend trade. I recommend that you read the posts above.

Edit 8.00am NY time Market is at 1.4602. My short trade at 1.4615 is now playing itself out. I have a 100 pip Fixed Stop Loss and my initial target is the 50% Fib line at 1.4412

Edit 12.10pm NY time Market is at 1.4610 I am continuing to let my short trade at 1.4615 play itself out