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- priceaction replied May 21, 2008
EUR/USD has been in an upward trend for over 2 years — EUR/USD has been in an upward trend for over 2 years. It's simply been in a dip and now it's back in the direction of the trend. I won't be surprised if it goes way past 1.6019. ...
EURUSD
- priceaction replied May 21, 2008
1.54 was closed for profit according to Jacko's rules. Now in a 1.55 long and up 170 with 85 locked in by a 100 TSL. I don't know anyone on FF who has made anywhere near the money that Jacko has from trading so he's the guy to be emulating. Rob
EURUSD
- priceaction replied May 20, 2008
I agree — I agree that it's going up Tunera - a long way. url It's moving well isn't it. Enjoy the ride! Rob
EURUSD
- priceaction replied May 20, 2008
I'm doing well thanks Hussin. Some good steady trading and candle studies. I hope your trades are doing well, but I am sure they are
RobDaily candle chart
- priceaction replied May 20, 2008
That's excellent news (for my long) Hussin. Thanks again. Rob
Daily candle chart
- priceaction replied May 20, 2008
That's right — zorroz, Seems like you're doing it right, and at my time of writing you should now have 72 pips locked in by the 100 TSL and be up 168 pips. Nice trade
I recently asked Jacko about adding to a position and he said ...Jacko's Forex House of Pleasure and Pain
- priceaction replied May 20, 2008
Not all waves are tsunamis — On Sunday I posted the chart below and since then we have seen yet more confirmation that the long term trend for the Euro looks as if it has recommenced. 1.56 has been well and truly broken New May high reached ...
EURUSD
- priceaction replied May 19, 2008
Up — Hi TEB, Nice trade on the Euro
I believe it has recommenced it's long term upward trend. RobWorld's Simplest System
- priceaction replied May 19, 2008
Cheers Colin — Colin, Thanks for pulling me up. I shall do just that. Let's see if I can get filled at 1.55. If I can't get such a round number I'll get in nearby at a rubgy ball shaped number. Edit: Filled @ 1.55 @ 19:28 CET Cheers Colin, Rob ...
Jacko's Forex House of Pleasure and Pain
- priceaction replied May 19, 2008
Stopped out for +132 and A-H pending — 1.54 long was stopped out by 100 TSL at 1.5532 (I didn’t like to see it go but I need to stick to Jacko's rules and this time I have
) 132 pips of profit banked A-H buy-stop pending at 1.5532 ...Jacko's Forex House of Pleasure and Pain
- priceaction replied May 19, 2008
I would have been stopped out at 1.5390 and then on the lookout for another entry at another round number. Rob
Jacko's Forex House of Pleasure and Pain
- priceaction replied May 19, 2008
Hi aamarx, On this occasion I did not follow Jacko's 100 TSL rule and I made a discretionary decision to focus on maintaining what I believed was a good entry (1.54), as opposed to grabbing some quick short-term profit. I wasn't prepared to risk ...
Jacko's Forex House of Pleasure and Pain
- priceaction replied May 19, 2008
Retracement then up? — With bullish hammers on the daily and weekly, I believe the overall direction is up. I also see MACD and Stochs pointing up on the daily. However until that move comes into play, I anticipate a retracement down to around ...
Cable Update (GBPUSD)
- priceaction replied May 18, 2008
Good on ya — Jim, Congratulations on starting the new thread! I'm sure many will benefit. Good luck with it. Rob
GBP/USD or EUR/JPY or.... Whatever's moving!!
- priceaction replied May 18, 2008
Thanks — Hussin, As always, many thanks for sharing your excellent candle analysis. Your EURUSD chart gives me a warm feeling - as I'm long from 1.54
RobDaily candle chart
- priceaction replied May 18, 2008
Rocket Scientists Not Required — Observe the forest - not the trees ... ,
EURUSD
- priceaction replied May 17, 2008
Hi Nav, I don't think that Jim is saying that price is heading down. He's just pointing out the fact that price stalled at a pivot zone. There might be a bit of a retracement but essentially the daily pin bar (aka Hammer) indicates upward potential. ...
Cable Update (GBPUSD)
- priceaction replied May 17, 2008
Waiting for a retracement — So there's me like a bull at a gate thinking I'd increase my position at 1.56. Thankfully, I have had time to read Jacko's latest thoughts on his blog before making any rash decisions and reconsider my plan. I'm now ...
Jacko's Forex House of Pleasure and Pain
- priceaction replied May 17, 2008
Check out the big picture — Hussin has published his daily and weekly candle analysis for Cable at his thread here: url Also a pin bar chart by Jim (aka James16) here: url For the big picture, they're worth a look. Rob
Cable Update (GBPUSD)
- priceaction replied May 16, 2008
1.5390 — 1.5390 It's what saved my position on Wednesday also. My main concern was not locking in pips at this early stage. It was remaining in the trade at a good entry - in readiness for trend re-continuation. Rob
Jacko's Forex House of Pleasure and Pain