Thanks Pinbar. Makes sense now. Hey I didn't say it was Jacko's blog!!! Oh - and I had my daily chart zoomed in too close....

james16 Chart Thread

trend line S & R help — Quick question about a way to find S & R levels. A writer of a blog I read finds S & R the following way: May 24 - I have my charts open to 300 periods of the Daily time frame. The Resistance line is found by ...

james16 Chart Thread

Yeah - Looks good on the daily, but the bar looks pretty small when compared to the previous bars on the weekly.

james16 Chart Thread

Anyone like shorting the AUD at 8500? Strong resistance, 38 fib.....No real other PA though.

james16 Chart Thread

Here is a pin on the daily GPB/USD. It's looks pretty good at first glance. It's at a swing low, good size with plenty of space. If you look a bit closer, the open and close are JUST squeezing into the top third of the pin. The main worry though is ...

james16 Chart Thread

Hey guys, just started to demo the daily charts using the James16 material. Here is a DHLC I found on the USD/JPY daily. Good set up? Does the PPZ at 92.80 make this trade a little sketchy or would you take it and TP at the PPZ and set your SL to BE?

james16 Chart Thread

Cheers Ghous, great answer. This was an idea I had, but wasn't sure if my thinking process was correct. You've cleared it up perfectly.

james16 Chart Thread

Ha yeah - That was what I was getting at. More journal entries too please Dan!

Jacko's Forex House of Pleasure and Pain

Thanks for the reply One Day! Maybe I'm getting this wrong. Say we are going short on a PB located at a swing high and the length of the PB is 30 pips. The low of the PB is 1.20. If we enter when it breaks we would enter at 1.1999 for example. On ...

james16 Chart Thread

Hi guys, quick newb question. Mike advocates waiting for the break of the pin and placing a SL behind/in front of the high/low of the pin. When he plays a breakout (I hope I've got this correct) he waits for price to breakout, retrace/pull back to ...

james16 Chart Thread

Yeah the trend is undeniably down and I'm not talking about placing long orders, I just mean that when the sell order is triggered, be careful as price is going to run into minor support levels pretty quickly.

Jacko's Forex House of Pleasure and Pain

Good point. Theres a very good chance that price will hit support very quickly when his sell order is triggered.

Jacko's Forex House of Pleasure and Pain

He uses a 100 pip trailing stop loss. Although sometimes takes partial profits and moves his stops to BE.

Jacko's Forex House of Pleasure and Pain

Hi Dan Great thread. Are you still using Jacko's AH strategy now that you are using the daily?

DanUK Trend Trading Journal 2010

1.2760 also has nice confluence with the swing low on November 21st.

forexben's eurusd jacko style journal

Entered at 1.2750, stopped out at 1.2850. market went up to 1.2900 so my falled soldier has was resurrected back where i was stopped out at 1.2850. Looking for price to level out at around 1.2650. Stopped out again. Oh well, will look for another ...

forexben's eurusd jacko style journal

short at 1.2750. What PT are you looking at?

Jacko's Forex House of Pleasure and Pain

Here is my 4 hourly chart. Here we can see areas of confluence around the 1.2650 level. I'm looking to go short at 1.2700. I'll be setting a 100 pip trailing stop loss after the trade goes 20 pips in profit. The initial stop loss will be 100 pips at ...

forexben's eurusd jacko style journal

weeky chart with with corresponding fib levels

forexben's eurusd jacko style journal

technical outlooks — Here is the EURUSD monthly chart. It shows that we now have a down trend

forexben's eurusd jacko style journal