yeah but normally a previous resistance should become support anyway, I also think the Eur/Usd PB didnt work because the Fed keeps intervening in the market. the euro dropped below the PB low in the late NY hours. The euro is oversold, this PB ...

james16 Chart Thread

It is really funny whats happening. The europeans dont seem to have the power to push the market up in the busy london session, but the americans manage to drop the euro 100 pips in the late boring NY session. If we go past 1.4800 (now we are at ...

Jacko's Forex House of Pleasure and Pain

just scroll 2-3 pages back With regards to your finesse in relation to the turtles, part of who I believe you are as well, I remember you once called us sheep. No more explanation necessary. have a little patience, my order hasnt been filled yet.

Jacko's Forex House of Pleasure and Pain

You may be right with going either way. If you look on the monthly, it seems that real major support is still far away, around 0.8000-0.8200. I will pay attention to how Aussie behaves and will close trades at any sign of serious weakness.

Trading Aussie Jacko Style

now that we have finally bottomed/ consolidating between 4800-4900, I think it is time to go long, at least until 5300 where I will be very careful and watch the price action.The bottom is at 4815, and now euro is struggling to clear 4900. What ...

Jacko's Forex House of Pleasure and Pain

BabeFX, your posts are becoming annoying, at least for me. Why cant you understand simply that here we are following Jacko's method and not BabeFX. The majority of us do not want to question Jacko's method because IT WORKS and we believe in it, that ...

Jacko's Forex House of Pleasure and Pain

I think it is time to look for buys again it seems that aussie has bottomed at 8600, at least temporarily. we have 3 higher lows/highs on the hourly chart. I am oscillating between placing a buy at 8650 and 8700. 8650 seems much safer because the ...

Trading Aussie Jacko Style

did anyone had this price slippage for eur jpy at the open of the new candle? I am so pissed. I was short from 163.39, DIBS trade, and had the stop at 163.91. everything was going well till I saw that I was stopped out and then the price was back ...

The DIBS Method... No Free Lunch continues

lol, another troll. I think you are in the wrong place, my friend.

Jacko's Forex House of Pleasure and Pain

Apologies NOT Accepted!

Jacko's Forex House of Pleasure and Pain

nobody asked you to prove anything to us. I think you guys just popping here outta nowhere and trying to scare the turtles are just some sad frustrated people looking for some virtual recognition. You will eventually be ignored / forgotten.

Jacko's Forex House of Pleasure and Pain

After the recent fall, I think .9500 would be a good and cheap place to buy. Strong support zone and weekly trendline should provide some up movement from here. Trailing stop would ensure we lock in profits even if it falls further later.

Trading Aussie Jacko Style

this week i finished at BE. what i lost on the short recouped on long side.

Weekly Gbpjpy Breakout System

great day for GU and EY as well. Made 10 pips on each plus the EU trade. Nice strategy.

PIPologist daily strategy

great call, Jacko, on both the euro and aussie. I dont know how you do it, but you really have a feel for the market. I didnt hear any bells ringing, just saw my AH on Aussie being stopped out for - 25 pips. Will be buying around .9700 on a pullback ...

Trading Aussie Jacko Style

stopped out on both due to the fall in the US sessions. Thank you americans who drive this market crazy. Will wait for a better entry. Total pips: -3X 150 - 3X 140 = - 870 pips

My Daily Fib Trading Journal

First Trade — Finally I got my setup in place on both EU and GU today. Both daily candles closed above 5sma. For EU, todays candle broke the high of the previous IB candle, and this shows the direction is up. For GU the stoch is not yet ...

My Daily Fib Trading Journal

Ok, Im also in a long AU trade with my AH which got triggered at .9765. I would have preferred not to get triggered now as it certainly seems the market lacks momentum, both on EU and AU. But like Raz says, plan your trade and trade your plan. Stop ...

Trading Aussie Jacko Style

ok, this is a good caution strategy. I should employ it as well, but I have to calculate my own drawdown percentage, since I started trading this system only from june. In backtesting, 2008 looks great, 2007 is quite profitable, but 2006 is awful. ...

Weekly Gbpjpy Breakout System

well raz, good trading should be boring this was not a boring week though, look at the yen pairs, thats where all the fun was. unfortunately not for me. anyways, my position is clear. I have a buy limit at 0.9650 and an AH at .9765. however, we ...

Trading Aussie Jacko Style