bro you have to relax first. Opportunities for profits will be plenty. Aussie is going up, so dont worry. Im in at .9780, and moved already the stop at .9765 (high of .9815-50 pips TSL). so maximum risk is 15 pips. lets see how it goes, hopefully ...

Trading Aussie Jacko Style

Well our TP short got touched so I recouped half of my losses for this week. I have another open trade which I let free until the end of the week. I think we should give one more chance to this strategy, hopefully GY broke out of that bloody range ...

Weekly Gbpjpy Breakout System

sadly, the price where I wanted to buy yesterday is probably history, and with this crazy rally to the upside, I think aussie will make only shallow retracements these days. I will place a buy limit at .9780 (50 fib of the last wave up) with stop at ...

Trading Aussie Jacko Style

gnash gnash....i missed all this morning rally. I think we will see only shallow retracements from now, so I think I will be looking to buy to the next retracement of 100 pips. I believe the probability for the euro to retrace more than 150 pips now ...

Jacko's Forex House of Pleasure and Pain

I am also back to this thread, after leaving it for a while to join the Turtles and read Jacko's blog and try to understand his methodology and way of thinking. Raz, great job you did here, firstly for starting the thread and secondly for how you ...

Trading Aussie Jacko Style

IMHO I still see buying at 1.5800 as the real bargain. I got stopped out at 1.5862 on my 100 TSL, so any price under that level would be a bargain, but I think a buy order at 1.5800 is the safest you can get, with a 100 TSL at 1.5700, below that ...

Jacko's Forex House of Pleasure and Pain

I will try to look for a discount buying somewhere between .5800 and .5850. It would be great to get in there, so that I can have my stop below .5750, which I think would be a safe area.

Jacko's Forex House of Pleasure and Pain

I think you got the spot on here. Myself and probably others too forget that even PA is not as easy as it seems. A nice PB on the Weekly may look really appealing and easy to trade, but when the new week starts, you realize that things are not going ...

james16 Chart Thread

Hey Bones, thanks a lot for your insight. I got really disappointed to see that this almost perfect PB, in my opinion, didnt play out as I was expecting. I had a sell order at the 38% ret, 167.80, with a stop 5 pips + spread above the PB, 169.55. I ...

james16 Chart Thread

Thanks a lot Raczek, I would really care to see how you trade that BEOVB and learn it from you. Im not saying that the BEOVB wasnt profitable or it couldnt have been if traded smartly, but do you agree that just trading with the trend, i.e. placing ...

james16 Chart Thread

it just occurred to me now that Jacko never uploaded any charts to explain his method. And still, we all understood all the parts of his strategy so easily, without the need of an explanatory chart Now this is what I call really SIMPLE FOREX ...

Jacko's Forex House of Pleasure and Pain

everything here looks great. but how about PBs that fail? and on weekly TFs? this one was not in traffic, but at a swing high, touched a PPZ as you call it and so on. Anyone shorted this PB on EY?

james16 Chart Thread

This recent euro run shows again that simply buying on dips in an uptrend is much more PROFITABLE than any PBs and DBLHC and BEOB in the world. Jacko Method - J16 Method 1 - 0

Jacko's Forex House of Pleasure and Pain

this damn dragon should make a breakout of this over extended sleep soon and start to trend again, for gods sake. but its soo costly to wait for that breakout. I still have confidence in this strategy, it worked well until 2 weeks ago.

Weekly Gbpjpy Breakout System

Hi, Im with you. The trade is doing fine, im about 80 pips in green, stop moved to a low risk position. Im confident about this trade because, even if the PB is not in a great location, we had higher lows in these last 3 inside days and there doesnt ...

james16 Chart Thread

I think that USD CAD is getting ready for a long now. Both PBs on 4H and on Daily getting shaped now. Next week should be interesting.

james16 Chart Thread

I dont know if anyone here held the USD CAD PB short on Daily, but I did and it paid off in the end. Im happy I didnt get scared by the initial rally.

james16 Chart Thread

what do you people think about the last daily PB on pound? same area like the previous one, strong support, although not very protuberant. i got a buy order above at 1.9520, stop below the PB low.

james16 Chart Thread

pm me, so that i can send you a link where you can read some cot charts. cheers

Another way to trade PA profitably