thx..after all one of my aka's is Obi Wan Kenobi...never did get The Force bit down thò....gives me headaches when I try... LOL

Jacko's Forex House of Pleasure and Pain

out at 1.3260 so 100 pips in the green HAD I kept my friggin' hands to myself and not touched the damn thing...so my net is 84...(make big sign let trades run)...anycase i decided it was wiser to get out and watch what FOMC will do rather than try ...

Jacko's Forex House of Pleasure and Pain

mini account - not standard - and you should really be risking 2% at most of your balance at any given time - 1% being even better. Patience is one of the key issues in trading - otherwise it's crash and burn - been there done that...

Jacko's Forex House of Pleasure and Pain

not entirley correct - if your sl gets hit you have the option of setting an AH trade at the level you were stopped out AFTER price has moved beyond your another SL 50/100 pips (depending on volatility) and providing you were trading with the trend. ...

Jacko's Forex House of Pleasure and Pain

I know I am thus far.... morning Wayne....

Jacko's Forex House of Pleasure and Pain

yes I got in countertrend...risky...but the .50 fib line on H4 seems like a viable candidate...thus...I figured the RR was worth it (1:2)....so far it's sitting..thus check for the future to get in further away than I did this time....we'll see how ...

Jacko's Forex House of Pleasure and Pain

on daily I have it knocking on the door of a confluence between monthly and weekly pivots along with the 20 and 50 SMA...moving down on the H1 I have 61.8 fib/ppz area that tops out at 1.31515 thus wanting to go countertrend and perhaps take a ride ...

Jacko's Forex House of Pleasure and Pain

HO HUM....'nother one?... my my .....

Jacko's Forex House of Pleasure and Pain

i had confluence of a 23 fib level and 50 sma on h4....

Jacko's Forex House of Pleasure and Pain

the dilemma.....dunno...i tendo to be more of a tp set type of eprson..then if im here and i see price has momentum i can move it....wayne is a tsl oriented....i guess one has to adjust to what the situation requests allows... but let profits run is ...

Jacko's Forex House of Pleasure and Pain

mr trichet i believe....

Jacko's Forex House of Pleasure and Pain

patience...let the trade play itself out...you have an sl in place I presume... im waiting to get in at around 3060....

Jacko's Forex House of Pleasure and Pain

nazeri....on the second chart the high tl is more or less correct from what i can see...now draw in a lower tl that is parallel if possible to the one above it... that is the channel in which price moves and gies you the general trend....

Jacko's Forex House of Pleasure and Pain

url

Jacko's Forex House of Pleasure and Pain

yup..only problem is...most of us are guys... Wayne ya better RUUNNNNNNNNNNNNNNNNNNNN! LOL

Jacko's Forex House of Pleasure and Pain

you deserve them - thank you Wayne... John

Jacko's Forex House of Pleasure and Pain

thus..back to our friend....it bounced off .50 fib on H1...so now I'm waiting for it to break to get back in - I had a short in from 3200...(no ah as I didn't like the look of the earlier setup) and as it was an overnighter for me I set a relatively ...

Jacko's Forex House of Pleasure and Pain

I know what you mean..however I think we all must find our own path in the end...wayne (amongst others) has certainly helped me to become a better trader and i think thats what the ultimate goal is.

Jacko's Forex House of Pleasure and Pain

here as well....

Pipstert's Trading journal

I second that wholeheartedly....

Jacko's Forex House of Pleasure and Pain