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- madpommie replied Mar 4, 2013
I was also one of the scammed for 20k GBP and indeed a very expensive lesson in due diligence. I also recommend the following for price action lessons: Lance Biggs url Nial Fuller url Both have a good selection of free videos Cheers Dave
- madpommie replied Jul 20, 2011
As one of the naive people that lost 20k GBP I agree with acetrader... Read, Learn and be cautious... make sure that anywhere you put your money is backed by the financial services in act of at least one country. If in Europe look for EU backing ...
- madpommie replied Aug 24, 2010
Fellow Scamee — Hi Russ As a fellow Scammee of Jacko I wish you all the luck!!!! London's sunny today... how's Newcastle??? Cheers Dave
- madpommie replied Aug 20, 2010
What to do?? — Do you have details of the who, what, where, addressses etc that we need to follow the same course of action as this investor... I wouldn't have a clue where to start!! Cheers Dave
- madpommie replied Aug 20, 2010
Gutted — Hi All Been quietly watching.... Was part of Jacko's paying blog for about 21 months and he was / is a successful trader. Based on that I gave him £20,000 GBP to invest in his fund. Not had that back yet and he has not answered my ...
- madpommie replied Oct 6, 2009
Hi Interceptor I understand your frustrations. After 2 losing trades in a row at the start of the year I thought I could do better and looked for every reason why Jacko was losing and my ideas would work. After about 6 months I read Trading in the ...
- madpommie replied Sep 28, 2009
Hi Kyle Patterns and systems that are successfully traded normally hold better the longer the timeframe. For example if you look at the daily or weekly the patterns are more uniform than if you look at the 15 or 5 min. So you may ask why not trade ...
- madpommie replied Sep 16, 2009
Not knocking myself out too much, just remind myself of the statistical probablilties of Wayne's system that help me through the odd loss or 2! Good Point re the anti-hedge!! Have any of Waynes guys who do the counter trend trades (not Waynes) down ...
- madpommie replied Sep 16, 2009
On the nail again interceptor though I don't envy letting the whippersnappers near my trading machine. I'm sensing you are frustrated with the countertrend discussion. I myself find it extremely valid right now as I am sitting in a ...
- madpommie replied Sep 16, 2009
If we want the experienced members — Hi All Just a thought and not aimed at anyone as I've enjoyed the recent discussions... If we play nicely and treat our mistakes like our losses as part of the game we have a higher probability of the ...
- madpommie replied Sep 16, 2009
Please see page 1 of this thread.....
- madpommie replied Sep 15, 2009
LOL, None taken!!!! ....anything that stimulates positive conversation is always good. I had to laugh at what makes you wary. Jacko's rules are very simple and yet he very rarely places orders, he watches price sooOOoo much and uses words like "I ...
- madpommie replied Sep 15, 2009
Hi Guys You are both right!!! However, Jacko normally only takes AAA+ trend trades but sometimes he takes AA+ countertrend trades. What does he look for in a countertrend trade??? INHO... Price struggles to get above a certain price and to make ...
- madpommie replied Sep 14, 2009
Always a pleasure to help.... while we're waiting. Have you read trading in the zone by Mark Douglas. Turned my trading around. Pure psychology. There's a copy here.... url
- madpommie replied Sep 14, 2009
Hi Xenga I wish you well with your trade!! If you are her to learn Jacko's methods then I suggest you slow down. You may be right this time but Jacko is right more often than not. Overtrading can wipe an account out very quickly. We are currently ...
- madpommie replied Sep 11, 2009
Perfectly put BH!! The upward move definitely seems to be showing weakness now. Do you play the other side of the trades? Will you short it down to the long entry?
- madpommie replied Sep 11, 2009
Hi BH The downward sloping resistance line is when we are waiting to go short. We now have a long bias so upward sloping support lines are what we are after and we are waiting for a decent pullback.
- madpommie replied Sep 10, 2009
Wayne only uses 300 period 4H chart so the extra line, whilst valid is not on his chart. More importantly we have seen an upward move of just over 400 points which makes the probability of a pullback a lot more probaby right now. So, we wait ...
- madpommie replied Sep 10, 2009
Are you asking why we wouldn't go long at around 1.4500?
- madpommie replied Sep 10, 2009
LOL But good that we are both thinking the same thing ... Now lets see what Jacko does......