James..if I send a couple of PA's your way from time to time...will you give them a friendly talk on my behalf too?

james16 Chart Thread

as far as I'm concerned...quality is far more important than quality...give me 2 or 3 good trades a week or even 1 if the market doesn't give anything else over x trades giving you small profits and an enormously larger bias towards bad trades....

Strat's Long Term Stress Free Trading

Talking short term I would agree that is a level that looks very feasible...and with all the important announcements due it may be we will see it sooner rather than later...

Jacko's Forex House of Pleasure and Pain

problem is...someone must have voted this administration into office...albeit with some of the previous administration handlings' one can also understand why it was possible... Obama is really painting himself into a corner not only on economic ...

Jacko's Forex House of Pleasure and Pain

sorry toddfx..I cant quite see how your trend lines originate...I still see a strong bearish (without having any tl's of my own drawn up) sentiment both on daily and weekly.... perhaps if you can resize your charts smaller i may see where the ...

Jacko's Forex House of Pleasure and Pain

mumble....H1 TF?...... too short for my taste.....

Jacko's Forex House of Pleasure and Pain

there have been some modifications to account for the increased volatility...amongst which we have 100 pip hard stop loss, move to b/e when 40 pips in profit, and moving down to the 4 hour charts as well in deciding the entries...

Jacko's Forex House of Pleasure and Pain

I second that wholeheartedly....

Jacko's Forex House of Pleasure and Pain

I'm not privy to any other information unfortunately...and yes... I may be wrong and totally misinformed... doesn't change a thing regarding Jacko and what he teaches though...for me at least. cheers

Jacko's Forex House of Pleasure and Pain

I'm in the second group...but let's put it this way...4 traders that I know of from the first group have become professional meaning they are now working for major banks/funds. Jacko can eventually confirm the number if he feels it warrants his ...

Jacko's Forex House of Pleasure and Pain

Jim, I'm stepping out on a limb here as I'm not the owner of the thread, however if I've managed to glean one little bit about Wayne as a person is that he won't mind in the least. but then again..I may be wrroooooonggg hope not....

Jacko's Forex House of Pleasure and Pain

Well, you've certainly chosen an interesting thread to make such a statement... But then again I guess trading 200 standard lots is pretty standard in your neck of the woods...apart from the good natured bit... yeah whatever....

Jacko's Forex House of Pleasure and Pain

ehm...may I join in as well when you do?? now watch the stampede come..... wonder how much it would cost to rent the AstroDome LOL

Jacko's Forex House of Pleasure and Pain

Hello Jim aka James16 it's a pleasure to see you here...

Jacko's Forex House of Pleasure and Pain

yes..good day today...and had I not done what I do too often latley it would have been far better...thus if I may share my mistake... specifically...when you do your analysis and identify a level - unless there are major news then either put a ...

Jacko's Forex House of Pleasure and Pain

Thank you Wayne, I don't trade under H1, however my usual areas of tp are based on H4...but again,I'll maximise what i can according to ongoing conditions...and if i'm here and not basking in the sun enjoying the most precous asset one has from this ...

Jacko's Forex House of Pleasure and Pain

Hi, it all depends on what I'm seeing in that particular moment - for sure if I find a trade that is 80 pips up I'll lock in some profit - it may be 50 it may be 30 it may even be 70 if I feel there may be retrace off major resistance/support or for ...

Jacko's Forex House of Pleasure and Pain

that is correct...however i personally look to my own targets and if they don't coincide with the "greater" strategy then I modify it according to my needs...and I'm not about to give up 50 pips if I can avoid it...

Jacko's Forex House of Pleasure and Pain

that's one thing I can't understand...if a trade is 80 pips in profit why not move stop to + 50 (for example) THEN let it run with a tsl..why give back those 50 pips...ok you were at B/E but, in my view at least, 50 pips is better than nothing.... ...

Jacko's Forex House of Pleasure and Pain

nothing ...once you understand when they want to go up...and when they want to go down... and for how long...thats all.

Strat's Long Term Stress Free Trading