Dang the USDCAD pin broke by 5 pips picking me up and then shot in the opposite direction. edit: Pretty nice pin on the EURAUD, but I don't like how against the longer-term trend it is.

james16 Chart Thread

Looks like a beautiful set up to me if the pin breaks, thanks for the head's up.

james16 Chart Thread

I think Mike is saying that although it might be a pin bar/hammer when looked at by itself, it is not one in context i.e. it does not protrude from the previous bar.

james16 Chart Thread

The feed I was using (North Finance) had already closed when i posted the pic (you can see the next bar already starting to form). But the next bar never broke the high of the pin anyway (assuming you wait for the break to enter).

james16 Chart Thread

AUDCHF Pin — Another pin bar today with confluence off the 50-fib along with being at a minor PPZ. This one is with the longer trend too. I wish more of the pin was outside the left eye though.

james16 Chart Thread

AUDSGD Pin — One of the more exotic pairs (good ol' North Finance), but a nice looking pin bar on AUDSGD 4hr today. Only problem is that it is against the long term trend (at least on the 4hr chart).

james16 Chart Thread

Right, that's what I meant. Thanks for the comments, much appreciated

james16 Chart Thread

My only concern was that the rest of the pin in comparison to the nose was too big i.e. it's too close to a neutral bar. What would you say in regards to that, Mike?

james16 Chart Thread

How does this one look?

james16 Chart Thread

Ouch, that was an unpleasant surprise, SL at hit after an extra 51 pips

Jacko's Forex House of Pleasure and Pain

It's on the private blog for Jacko's students. Really though its like an advanced add-on option for Jacko's strategy, just try to learn the original strategy and if you master that, then try to look for ways to fade the trend if you still feel the ...

Jacko's Forex House of Pleasure and Pain

This surge is crazy, I'm tempted to cash out at the resistance of 5830 or if it keeps going, 5902, but it hasn't shied away from any resistance point so far on this run up so I'll just keep trading the plan.

Jacko's Forex House of Pleasure and Pain

I believe he is taking a purposeful short break from trading.

Jacko's Forex House of Pleasure and Pain

I believe he is away for at least a few more days.

Jacko's Forex House of Pleasure and Pain

Should be a the bottom of every page of this thread

Jacko's Forex House of Pleasure and Pain

Argh, its so frustrating watching the Euro take off when you waited too long for a dip! Lesson learned (I hope)...

Jacko's Forex House of Pleasure and Pain

Can you not private message him?

Jacko's Forex House of Pleasure and Pain

I missed it by 1.5 pips, congrats to you though!

Jacko's Forex House of Pleasure and Pain

Wow, I did not see that coming! I need to set up some price alerts on my work computer or something The 50-fib held strong, but is the weekly trend going to fail to make a higher high for the first time since...I guess July of '06? We shall ...

Jacko's Forex House of Pleasure and Pain

Actually since the full 50 pips rarely ever gets hit, Jacko recommends more risk than that -- 2-5% depending on the market (ranging/trending) and of course the comfort level of the trader. To the members of Jacko's group who are being a bit more ...

Jacko's Forex House of Pleasure and Pain