any new views on the aud usd? ok we have to wait for monday but that 6600 level looked to me as being prime territory for a launch upwards.... maybe I'm just jumping the gun...or perhaps the real test was the 6650 level...

james16 Chart Thread

when do we start considering a change in trend even if temporary to short the dollar...above 13100?..

Jacko's Forex House of Pleasure and Pain

seems like some nice setups are on the horizon...

No Brainer Trades

anyone keep an eye on usd chf?....made a nice retracement after the third touch at 1.21679....looking for a good area for a long entry....might be on it now at 1.2020..any thoughts?

No Brainer Trades

next stop 1.3100?...

No Brainer Trades

I also believe 1.2960 (12966) is a good short...however given the choppiness I'm seeing it may also mark a break to 1.3100...so I'm going to wait and see what happens being ready to get at a slightly lower level...my stoplosses are 50 pips...on ...

No Brainer Trades

my first candidate is short at 12950 (12955)...second at 13000 (13029)..the first being stronger...but as big boys like round numebers could be they've all shorted at 12900....certainly seems to have lost quite a bit of steam....

Jacko's Forex House of Pleasure and Pain

he posts quite often...hasn't much lately because he's had a lot to do from what I understand...and yes his support and guidance is top notch...and from what I have percieved he's a great guy which doesn't hurt...

Jacko's Forex House of Pleasure and Pain

I second the last posts whole heartedly...study the trade, your entry point etc to the best of your ability, size, set your stop loss (I use a tsl) if not too sure set a tp as well...then get in and let the trade run...you won't win them all, but if ...

Success stories

so far making a ton of money...lol...

Jacko's Forex House of Pleasure and Pain

I want to wait until next week to get a clearer picture after all the dust has settled...one thing is for sure...I'm not going to allow myself to get the itchy finger on the next one...if it has to stop out then so be it....my emotions got the ...

Jacko's Forex House of Pleasure and Pain

i got taken out on both my long and short I had put in for the hell of it...hit both smack on...over 120 pip spike in less than 10 seconds...first one way then the other....oh well trading the news is like playing the roulette anyways... i trade ...

Jacko's Forex House of Pleasure and Pain

holy sh-.... talk about hindsight...230 pips...kudo's to Jacko once again...but with all the fighting I was seeing I was really convinced it would go the other way and stop me out... typical case of letting emotions get in the way....

Jacko's Forex House of Pleasure and Pain

in at 1.2800...ended up getting out at + 30 after adjusting sl seeing the war that was going on with the strong support at 1.2771 and 1.2773...I really believe we're in consolidation mode right now and will have to start taking a good look at ...

Jacko's Forex House of Pleasure and Pain

well more than ever this market shows that fundamentals are still on holiday..I mean the yield on 10 yr bonds dropped a 100 points a few days ago...I just think that when they do kick in things will start moving faaaassst...just...when?

Jacko's Forex House of Pleasure and Pain

with the yield dropping 100 basis points on the US 10 yr bonds..that's the only way I can see things moving anytime now...

EURUSD

Regarding USD strength I've extrapolated this from an article I received from an investment group I'm a member of... No other choice for a reserve currency exists. No matter how much other governments wish it were so. The euro is frequently ...

Jacko's Forex House of Pleasure and Pain

fb...true and in the end i don't really regret having made the decision - I'm in the bank every pip mode right now which induces me to be all that more conservative in my entries.

Jacko's Forex House of Pleasure and Pain

why he h...I didn't go short at 1.3050 is beyond me..wonder where my mind was at the time...me synapses are worrying me... maybe waking up properly would help...LOL then again...guess it wasn't all that bad...

Jacko's Forex House of Pleasure and Pain

Hi I went short yesterday (my time) at 1.3000 for a quick 20 pips and am short again at 1.29000...I've tightened my stops to 30 pips and ts to 10 pip min movement (I trade with FXCM). True this isn't Jacko style per se but if pips want to come to me ...

Jacko's Forex House of Pleasure and Pain