Hi, I just checked and I have a close at 1.3629..(buystop at 3400 wouldn't have been such a bad idea after all but with NFP you can never be sure..amen) thus it would appear the the wind is changing...however at this time - monday will tell - and ...

Jacko's Forex House of Pleasure and Pain

Hi and welcome aboard...how is the situation in Dubai currently? Have the Palm and World sold out or are there still difficulties in finding buyers given the current situation? Also have they managed to increase the capacity of the sewage treatment ...

Jacko's Forex House of Pleasure and Pain

Question I have asked myself many times...in the end it's basically the battle of the lesser evil so to speak - the greenback still holds (albeit for how long is another matter) a safe haven status - therefore if in doubt buy the dollar. However, as ...

Jacko's Forex House of Pleasure and Pain

correct - the SL for the AH trade is the same as the original - 100 pips currently.

Jacko's Forex House of Pleasure and Pain

You know I've been thinking about a situation like this one where one scales out of the trade. Theoretically, having 2/3 of the trade still in play one could attempt to use the AH to recover the loss on that portion. Thus if you waited for the price ...

Jacko's Forex House of Pleasure and Pain

Hi, let me see if I can be of any help... It depends on the timeframe (lowest Jacko uses is H4) you are trading and on what movement you are focusing on. Fibs - by definition - are calculated linking the HH to the LL - personally I use the HH and ...

Jacko's Forex House of Pleasure and Pain

yes - I recommend Baby Pips and its School as well....

Jacko's Forex House of Pleasure and Pain

Hi whiteflame, there is so much good stuff on this forum that the list would be very long - so I can only give you what my experience, albeit limited (though I make a living from forex, I've only scratched the tip of the iceberg regarding the world ...

Jacko's Forex House of Pleasure and Pain

here we go again...LOL...someone is learning how to use a keyboard...asking if longer term trend trading is profitable...NO it isn't...none of what you read here is real...including the 1 million + views to the thread...we're all delusional...but ...

Jacko's Forex House of Pleasure and Pain

correct - if you are able to move your position to BE or further the AH is not used as it's function is to recover a loss.

Jacko's Forex House of Pleasure and Pain

what makes me wary is the amount of support it has to break on the way down - at least to the 3200 level on my H4 chart - hopefully our friends in London will help...either way I'm just waiting for a clearer direction...

Jacko's Forex House of Pleasure and Pain

I agree were in sort of no man's land atm...I managed to pull off a 20 pip scalp (very tight tsl) short from around 1.340 but right now...dunno...it could go either way...need to wait for London.

Jacko's Forex House of Pleasure and Pain

thank Jacko..he came up with this simple yet brilliant (imho) idea...

Jacko's Forex House of Pleasure and Pain

ok rule is..it has to go past your stop loss by at least 50 pips..and yes you reenter at exactly the same price you were stopped out all of this providing you are trading with the trend and not against it.

Jacko's Forex House of Pleasure and Pain

what is it your unclear about?

Jacko's Forex House of Pleasure and Pain

unfortunately i am not one of the ones trading with large banks/funds now...but I really wouldn't want a job like that anyways...enjoying my free time quite a bit and can take care of some family issues.. edit..considering some of the bonuses' ...

Jacko's Forex House of Pleasure and Pain

thank you for your words msenocak...but I don't feel I do anything that spectacular truth be said...try to help when I can..as others did in the past when I was in the same situation...and my learning curve is far from over.. I just wish certain ...

Jacko's Forex House of Pleasure and Pain

I would have that would have strenghtened the dollar...not weaken it...I think the stock market rally is a viable candidate for those candles edit..I missed the second part...my bad..sorry....

Jacko's Forex House of Pleasure and Pain

you are free to leave at anytime....

Jacko's Forex House of Pleasure and Pain

that's for you to decide - on this thread we tend to concentrate only on EUR USD as Jacko trades only this pair.

Jacko's Forex House of Pleasure and Pain