It did not miss it. It just didn't get there yet . Either way, no trade = no loss. If you don't get the price you want so be it. There will be other trades to take. Keeps you from overtrading.

Jacko's Forex House of Pleasure and Pain

I don't pay much attention to those numbers. Although they might not be good, but they are not severe. Usd has alot bigger problems. Also I try to use only one source I like for the news so not tu clutter my picture of different opinions. Eur has ...

Jacko's Forex House of Pleasure and Pain

I'm going to be looking to enter at 1.5800 News is strong for Eur , usd still in the dirt. This correction will stall soon, and H4 trendline and fibs from recent move up around that area.

Jacko's Forex House of Pleasure and Pain

" Asked about foreign-exchange markets, Greenspan expressed skepticism in the idea of so-called equilibrium exchange rates, where currencies achieve their fair value. He also doubted whether central banks could be successful in affecting the ...

Jacko's Forex House of Pleasure and Pain

Just read the thread. It is explained couple of times here. One of them was not long ago about fibs. So don't be lazy and do some reading. You have a whole weekend for it. Since your new, I would recommend reading the whole thread and try to ...

Jacko's Forex House of Pleasure and Pain

I believe it is a system. Although it is not a mechanical system since you yourself have to make entry points and system does not tell you when and where to enter. Other then that everything is clear. You have a set of rules to follow. So it's just ...

Jacko's Forex House of Pleasure and Pain

I think we'll see 1.6000 today. It's not that far away, trend is up, and I don't really believe in fibs other than 50% retracement. I think I'll be closing my position at 1.6000 , because I dont want to leave a position over weekend when all these ...

Jacko's Forex House of Pleasure and Pain

Jacko is bullishg at this time.

Jacko's Forex House of Pleasure and Pain

Leave your brain at the door. I have missed so many apportunities because I get confused by all the noise about the market. News events and "smart" people opinions. Just stick to the trend, follow the rules... S/L will get you out at worst. Surpise, ...

Jacko's Forex House of Pleasure and Pain

long 1.5850 hitting 4h trendline from way back. Pretty confident it wont go lover.

Jacko's Forex House of Pleasure and Pain

It's pretty much by the rules of Jacko. Thought not everyone trades the same, and most here overtrade or trade more aggresively, others might bend the rules a little to suit themselves. This thread did not get out of the line yet.

Jacko's Forex House of Pleasure and Pain

I had my buy limit at 1.5910 just incase it doesn't reach 1.5900 by 2 pips or so. So no problem there.

Jacko's Forex House of Pleasure and Pain

Elephant is still sleeping. Resting before some dancing...

Jacko's Forex House of Pleasure and Pain

I don't think we're gona go past 1.5900 much, and retrace will follow, so entering at 1.5800+ is small potential of good risk to reward. I have sell order set at 1.5890, I don't think world is gona let euro go anymore north anytime soon, so no break ...

Jacko's Forex House of Pleasure and Pain

I'm also long and using 65pip TSL , I have read "Trade Your Way to Financial Freedom" in the past but decide on my TSL pip count by # of pips retraced last 3-4 retracement in the past and usualy use a little larger retrace than the largest of the ...

Jacko's Forex House of Pleasure and Pain

I'm looking for a short trade. I think H4 trendline will be broken today and we going to see south movement. Well, below 1.6000's would be the break of H4 trendline.

Jacko's Forex House of Pleasure and Pain

I agree with cecmc, I dont think this is heading north. Be carefull guys.

Jacko's Forex House of Pleasure and Pain

I'm seeing this is going lower than 1.5550. I'm already short. Ouch. closed

Jacko's Forex House of Pleasure and Pain

more south? or 50% fib will hold? — I went short before London open after waking up and seeing up trendline broken from 3/26 to 3/31 wich had 7 confirmed touch points and a break on the 8th. I think now we are in a retrace period and we will ...

Jacko's Forex House of Pleasure and Pain

I will be buying cheaper and when it gets to 1.5950 I will have profits locked in and will worrie less about how much of a resistence 1.6000 will be. I think its too risky buying at 1.5950 price and if I would have to choose, I think I would hold my ...

Jacko's Forex House of Pleasure and Pain