my lower trendline is also around 1.4130 area, which also happens to be the 76% fib. I don't use fibs other than fib 50%, but if they line up with another strong indicator such as the trendline I take them into consideration, but by themselves they ...

Jacko's Forex House of Pleasure and Pain

Jacko's turtle — Hey DS and congrats on your trade I know mistakes happen sometimes and it is exciting to see everyone make money but just in case you or anyone else missed this post, one FF member asked jacko to post old ...

Jacko's Forex House of Pleasure and Pain

lol, you gotta work hard and party harder

Where Are You Now??

weekend is over — I'm in NJ recovering from a rough night of partying in NYC Talk about a city that never sleeps, I was leaving the club at 6am this morning and there was still a line to get in

Where Are You Now??

Snr Dinero, I never enter blindly, if a price breaks resistance, I watch how far it goes and how the price reacts when it gets back to the resistance line (which now would be support) If there is big news coming out and we are around those levels, I ...

Jacko's Forex House of Pleasure and Pain

The other thing with scalping is that most people who love scalping have a certain personality that is not good for forex trading. What I mean is that if you like scalping you probably are impulsive and are the kind of person that goes out and makes ...

Jacko's Forex House of Pleasure and Pain

for now just the 50% fib, as well as S&R, round numbers and trendlines, but usually a combination of 2 or more works best for profit targets. The more off these indicators line in a zone, the more chances that the price will stop there, because most ...

Jacko's Forex House of Pleasure and Pain

I don't really post much or read about what where people are placing their orders, because I don't want it to influence my decisions, but I came across your thread and just have to say something. Have you read your post after you wrote it ? if you ...

Traders greatest Achilles Heel

finally I'm also looking to go long, a little higher than my previous target, but closer to the current 50% fib. I don't have a crystal ball and dont wanna predict the top of this breakout and go short so I'll just follow ...

Jacko's Forex House of Pleasure and Pain

1.4150ish — I'm looking to go long at around 1.4150, I'll be watching price action once we get closer to that area and will go long on the way back up if it reverses

Jacko's Forex House of Pleasure and Pain

I don't think that's a good idea, some of us including myself only trade the Euro and one of the good thing about this thread, besides the occasional BS is that it only deals with the Euro so you don't have to sort through posts that don't relate. ...

Jacko's Forex House of Pleasure and Pain

Jacko doesn't trade other pairs, he tried the pound and it was to volatile, he tried the aussie and was too slow, Euro is just right. Euro also seems to trend the most, respects the trendlines, S/R round numbers and fibs the best. All the other US ...

Jacko's Forex House of Pleasure and Pain

Let me help you out with this, because I remember last year when I started trading I didn’t know what the hell I was doing either until I figured it out. I used a strategy called PATAHAP, most newbies use this one and it doesn’t work it stands for ...

Jacko's Forex House of Pleasure and Pain

I think I have mastered the patience part, but I took the easy way out, because I have a 2nd account in addition to the primary one which is a little less then 1% of the size of my main one. I use that one to satisfy the urge to make B and C trades ...

Jacko's Forex House of Pleasure and Pain

I'm beginning to think that he has a crystal ball that he is not telling us about

Jacko's Forex House of Pleasure and Pain

I wouldn't say I'm experienced, but I seem to be having some success with my trades . On one of my accounts I use and 100 pip stop loss and 100 pip take profit and let the trade get closed by a loss or gain. The key to doing this is only ...

Jacko's Forex House of Pleasure and Pain

I feel I have to step in here and defend jacko, because i don't understand what you want from him for $700 for a whole year. He posts his market thoughts and analysis several times daily, he warns us when not to take trades at certain times He sends ...

Jacko's Forex House of Pleasure and Pain

he uses 4 of them, but that info is private, he doesn't want to endorse any one specific broker

Jacko's Forex House of Pleasure and Pain

I don’t like to hold a position over the weekend, anything can happen, plus it's bouncing of 1.39 which is a round # and bottom of the channel, besides I can always open a position next week so I'll take the 100 pips for now. Jacko is not a fan of ...

Jacko's Forex House of Pleasure and Pain

Good Post plan-b Jim always says to treat it like a business in order to be in it for the long haul, most of the people treat it like a casino and hope to get lucky. Next time you're about to place a trade imagine that your forex account is the only ...

Jacko's Forex House of Pleasure and Pain