Further to this - what Strat is using on the closes isn't a TL but a DSRI - the 2 are in fact different for him. TL's are drawn off the HH and LL whereas DSRI are drawn off the close of the candle . This in his experience offers a far better view of ...

Jacko's Forex House of Pleasure and Pain

anyone care to venture what the market will bring on monday?

Jacko's Forex House of Pleasure and Pain

please elaborate...

Jacko's Forex House of Pleasure and Pain

ROFL. Anycase very well said. Cheers

Jacko's Forex House of Pleasure and Pain

Bearing in mind today is NFP day - this is what I'm looking at url Red - Major TL's Yellow - Medium to Minor TL's Orange - S/R Range - PPZ in J16. Right now were sitting in the middle of a minefield - price could go anywhere. However the ...

Jacko's Forex House of Pleasure and Pain

Regarding TL's - I will continue to draw them from the high or the low HOWEVER where the bar closes is also important. just my .02

Jacko's Forex House of Pleasure and Pain

true...true...

Jacko's Forex House of Pleasure and Pain

interesting point.....and given how it held on Nov 4th (D1 TF)...definitely not done fighting yet...however it did recieve quite a blow on Nov 3 and multiple blows on H4....thus...I shall tread carefully around it.

Jacko's Forex House of Pleasure and Pain

Hi TraderKGB good to see you here, You do have a point regarding this week being critical - I like everyone was watching that TL (who wasn't)and given the strength of the break was convinced price would go all the way to 14600. However, the one in ...

Jacko's Forex House of Pleasure and Pain

You are correct - my entry was different than Jacko's (as was my sl) thus my parameters were a little different. Cheers

Jacko's Forex House of Pleasure and Pain

You are correct. Thx for pointing out the misnomer.

Jacko's Forex House of Pleasure and Pain

nothing personal - however let's please refrain from putting signal service and Jacko in the same post (it's bad enough he's been relegated here into the commercial section) - discuss trades? great that what we are here for - bearing in mind the ...

Jacko's Forex House of Pleasure and Pain

Please please please - once and for all - Jacko IS NOT A SIGNAL SERVICE the sooner everyone understands that the better. he is illustrating what HIS trades are it is YOUR choice and YOURS ALONE whether to mirror them or not. to trading: on my H4 ...

Jacko's Forex House of Pleasure and Pain

Four Traders - Four Threads: J16 Jacko Strat BIllyRayValentine be forewarned however - for a long time you will find yourself fighting a cruent, bloody. ongoing battle with the most formidable adversary there is - yourself.

Any advice for new guy?

to clarify further - the period being referred to is the beginning of 2009 when the volatility was crazy (many many traders got wiped out) thus due to these exceptional conditions Wayne decided to implement a capital preservation policy of moving ...

Could 50 Standard Lots move the Market?

Yes, I can see where you're coming from...easier said than done though.... let's get back to business....

Jacko's Forex House of Pleasure and Pain

Garrye - what exactly is the purpose of such a post? None as far as I can tell - so please refrain from proceeding along this path unless you can contribute something constructive. If for no other reason out of respect for Jacko. (being this his ...

Jacko's Forex House of Pleasure and Pain

To each his own - however, I don't regard this business as gambling, far from it. Also it may be you have to work on yourself and that part of your trading psychology if you get so upset about the trade that "got away" - though between day 1 and day ...

Moving stops to BE

Could you please elaborate? Last I checked that wasn't exactly the case....quite the contrary in fact albeit yes he has had trades go awol....

Could 50 Standard Lots move the Market?

Hasn't pierced 14700 convincingly on my feed yet...sit and wait is the name of the game for me now...

Jacko's Forex House of Pleasure and Pain