JDfn Administrator's Blog (286)

FXAI software data has been restored and has been working steady for the past 12 hours.  Phone lines are still down.  Please direct all queries to support@jdfn.com.

Sorry for the inconvenience.

FXAI Data has been restored!  While we kept getting connectivity issues last night, the servers have kept the connection steady so far this morning.  Sorry for the inconvenience.

FXAI Data has been restored! Thank you and sorry for the inconvenience!

Are you an active JDFn Alerts subscriber?  If you have yet to receive your upgrade information and downloading instructions, please email us your info at accounts@jdfn.com to get all details involved with the upgrade package.

Thank you!

JDFn Team!

We are working diligently with the power company and the IT department to restore our servers.  Per IT, the connection to the server is not steady enough to hold connectivity for longer time periods.  While we appreciate your understanding and patience, we are working hard to get this issue resolved in a timely manner.

Our services has been restored as of Saturday February 11th. Our sincere apologies to all of you affected by the interruption. Happy Trading!

The ForexAI Trading Software and Alerts service are both unavailable at this time due to a power outage in our area. The power company is replacing equipment where the accident took place and we are hopeful that we can quickly restore our systems at that time. We are working with the other parties involved in an effort to get up and running as soon as possible. They are currently estimating 24 to 48 hours, so a “worst case” start up would be on Sunday prior to market open. While we are…

The market has been extremely volatile as of late, especially with the financial situation in Europe. With that being said, are you willing to take the next step and try something new? Our newest "Long Term II" trading portfolio just suffered its first loss this past Wednesday night, but was able to recoup some of it on a previously opened trade. This portfolio alone is up +580pips within the last 60 days.

 …

1. Lack of Experience

Forex trading - like any new initiative - has a learning curve. However, unlike learning a new skill such as learning to play guitar for instance, you are not risking your entire savings while discovering the difference between a major and minor chord. Learning about the currency markets and basic trading principles solely on a trial and error basis is not a recommended approach for gaining the skills necessary to be a successful forex trader.

Most…

The USD/JPY has been a very volatile pair as of late. From the beginning of this month, the US dollar started to lose value against the yen, but up until the BOJ intervention on the local currency the pair drastically reversed and broke all major levels of resistance. With that being said, the pair did reach a high of 85.95, let's say 86.00. Once it tested such major resistance point, it failed to break through, then it started to retraced to the previous downtrend…

Support and resistance levels are very important in trading. These are levels where we look for price containment. There are both minor and major support and resistance levels and

deciphering between the two can help a trader maximize profits and minimize

losses. The basic definition of support is the price or area where we look for a

pair that is moving down to find some ground. Resistance is the price or area

where we…