I'm amazed I even read of such incidents occurring....I wonder what people think (or IF they stop 1 nanosecond to even worry about it) when they pull stunts like that.... very unfortunate...but I can't blame you for your reaction to it...

Jacko's Forex House of Pleasure and Pain

FX..you've got to find within you the will to get back on the horse...what I feel like suggesting is read and follow j16....demo or micro is up to you... hanover...I was quite surprised when I read you were only on demo considering your posting ...

How do you pick yourself up after getting wiped out?

well...if price moves 500 pips or more beyond then I wouldn't be worrying about the AH trade anymore as obviously we would be trading in a different market situation....

Jacko's Forex House of Pleasure and Pain

ah is triggered once price moves 50 pips beyond your sl - correct you reenter exactly where you were stopped out...

Jacko's Forex House of Pleasure and Pain

results pertaining to 2006...and as far as I know,he's been trading 200 standard lots for some time now, thus those number are...antiquated ...also remember he tends to be a very conservative - and patient - trader...if he doesn't like the setup ...

Jacko's Forex House of Pleasure and Pain

true...but after the roller coaster I'll gladly take a less frequent and smaller albeit stronger move (ie that reaches the expected level) so that I can increase my sizing with a relative degree of safety...with all the if ands and stuff the term ...

Jacko's Forex House of Pleasure and Pain

I would hope that the USD will continue on its recent path of relatively "normal" behaviour against what we saw in the last 4 - 5 months where it appeared that not even an asteroid flattening washington would weaken it...

Jacko's Forex House of Pleasure and Pain

ehehe...now just for fun...considering a major trend change could bring even 2000 pips...scaling in every 50 pips...I'd end up trading at least 20 contracts (again).... you just have to have the nerve..and equity to hold on to every position you ...

Jacko's Forex House of Pleasure and Pain

Just in case I have my megasize popcorn ready so i can enjoy the show...lol

Jacko's Forex House of Pleasure and Pain

asia as well??great.............thanks for the heads up anyways.....

Jacko's Forex House of Pleasure and Pain

true...May Day - though London was open...which it wont be on Monday as its a holiday there...so we'll have to rely on Asia or New York to take it further down....

Jacko's Forex House of Pleasure and Pain

yep...so I did...as I also had an IB on H4 feed (could go either way but general bias is still down imo) and was waiting until 5 mins before NY close to take it off if nothing happened (Asia opens at 23:00 sunday night here so no sweat to ...

Jacko's Forex House of Pleasure and Pain

I have known him to accept a 30 pip gain when price moved against him in the past on a 50 pip tsl...however I also think that, due to the recent situation, if he doesnt see any real possibility of the trade going further in his direction he will ...

Jacko's Forex House of Pleasure and Pain

Phonetic...I really don't know what to say...if not thank you for your kind words though I'm not so sure I deserve them, I'm just a little guy trying to make a decent living off this business....and learn all along the way...

Jacko's Forex House of Pleasure and Pain

if I may if price moves moves 110 pips in his favour then he will be at be + 10....with a 100 pip tsl...

Jacko's Forex House of Pleasure and Pain

indeed - thanks for the heads up. Cheers

Jacko's Forex House of Pleasure and Pain

ok..quit pulling peoples legs...but if you want I'll let you say that when I'm trading 200 standard lots...otherwise...it just ain't the case... now back to business....nfp tomorrow....also May Day in most of Europe but London is - theoretically - ...

Jacko's Forex House of Pleasure and Pain

me??!...LOL not at all...I'm just a guy trying to acquire more knowledge and become a better trader thanks to people like Jacko. I see what you mean on the depth portion - and it may be a valid way to proceed - but for me - the lower tf's are just a ...

Jacko's Forex House of Pleasure and Pain

sorry..but for depth, in my book, you should be looking at a higher timeframe, not a lower one... how can M1 M5 or similar give you depth? just trying to understand...always willing to learn something...

Jacko's Forex House of Pleasure and Pain

why are you looking at M1? Try H4....

Jacko's Forex House of Pleasure and Pain